Global Fiberglass Market, Trends & Growth Opportunity, By Type (E-glass, S-glass), By Raw material (Silica, Alumina, Calcium Carbonate, Others), By End-use (Manufacturing, Insulation, Roofing, Reinforcement, Others), By Application (Construction, Automotive, Aerospace, Electrical, Others), By Region and Forecast till 2030.
Global Fiberglass Market
The Global Fiberglass Market was valued at USD 15.62 Bn in 2022 and is expected to expand to USD 23.50 Bn by 2030 at a CAGR of 4.31% during the forecast period of 2023-2030.
Fiberglass is a type of reinforced plastic made by weaving together glass fibers or strands into a mat that is then bonded together with a plastic resin. It is a strong and lightweight material that is commonly used in a wide range of applications, including insulation, boats, automotive parts, wind turbine blades, and aerospace components. Fiberglass has high tensile strength and can be molded into complex shapes, making it a versatile material for various industrial and commercial uses. It is also resistant to moisture, heat, and chemicals, making it a durable material for outdoor and corrosive environments. Fiberglass is available in a variety of forms, including woven fabric, mats, and pre-molded shapes.
Market Drivers
The global fiberglass market is primarily driven by the increasing demand for lightweight and high-performance materials in various end-use industries, such as construction, automotive, aerospace, and wind energy. Fiberglass offers several advantages such as a high strength-to-weight ratio, durability, corrosion resistance, and electrical insulation properties. 
Moreover, the growth in the construction industry and the increasing use of composites in automotive and aerospace applications are driving the demand for fiberglass. Additionally, the rising demand for renewable energy sources such as wind energy is boosting the demand for fiberglass in wind turbine blades.
Market Restraints
A significant challenge of the global fiberglass market is the high cost of raw materials, including silica, carbon, and boron, which are used in the production of fiberglass. The prices of these materials are subject to fluctuations and supply chain disruptions, which can cause the prices of fiberglass to increase. Another challenge is the increasing competition from alternative materials, such as carbon fiber and composites, which offer higher strength and durability.
Additionally, environmental concerns related to the production and disposal of fiberglass have led to regulations and restrictions that affect the industry. There are health risks associated with the inhalation of fiberglass particles during the manufacturing process, which has led to safety concerns and regulations.
Market Segmentation
The global fiberglass market is segmented by types, such as e-glass and s-glass, and by raw materials, such as silica, alumina, calcium carbonate, and others. Based on end-use, the market is segmented into manufacturing, insulation, roofing, reinforcement, and others. Further, the market is segmented by applications, such as construction, automotive, aerospace, electrical, and others.
Regional Analysis
The Asia Pacific region is dominating the global fiberglass market, and it is expected to continue to grow significantly in the future. This is due to the rapid industrialization and urbanization in countries such as China and India, which has led to an increase in construction and infrastructure projects, where fiberglass is extensively used.
Moreover, the automotive industry is also growing in this region, and fiberglass is widely used in the production of various automotive components, further driving the demand for fiberglass. The region also has a large consumer base for electrical and electronic products, such as printed circuit boards, which are made using fiberglass. Additionally, the presence of major manufacturers in the region is also contributing to the dominance of Asia Pacific in the fiberglass market.
Key Players
Owens Corning, Saint-Gobain SA, PPG Industries Inc, Jushi Group Co Ltd, Nippon Electric Glass Co, AGY Holding Corp, Taishan Fiberglass Inc, Chongqing Polycomp International Corp, Johns Manville Corp, Binani 3B-The Fibreglass Company, Syntec Corporation, PFG Fiberglass Corporation, Taiwan Glass Industry Corp, Knauf Insulation, Nitto Boseki Co Ltd.
Market Taxonomy
By Type
•        E-glass
•        S-glass
By Raw material
•        Silica
•        Alumina
•        Calcium Carbonate
•        Others
By End-use
•        Manufacturing
•        Insulation
•        Roofing
•        Reinforcement
•        Others
By Application
•        Construction
•        Automotive
•        Aerospace
•        Electrical
•        Others
By Region
•        North America (USA, Canada, Mexico)
•        Europe (Germany, France, UK, Rest of Europe)
•        Asia Pacific (China, India, Japan, Rest of Asia Pacific)
•        Latin America (Brazil, Rest of Latin America)
•        Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa)

Global Fiberglass Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Fiberglass Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Fiberglass Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Fiberglass Market Share Analysis, By Type
5.3 Global Fiberglass Market Size and Forecast, By Type
5.3.1 E-glass
5.3.2 S-glass
6 Global Fiberglass Market, By Raw material
6.1 Y-o-Y Growth Comparison, By Raw material
6.2 Global Fiberglass Market Share Analysis, By Raw material
6.3 Global Fiberglass Market Size and Forecast, By Raw material
6.3.1 Silica
6.3.2 Alumina
6.3.3 Calcium Carbonate
6.3.4 Others
7 Global Fiberglass Market, By End-use
7.1 Y-o-Y Growth Comparison, By End-use
7.2 Global Fiberglass Market Share Analysis, By End-use
7.3 Global Fiberglass Market Size and Forecast, By End-use
7.3.1 Manufacturing
7.3.2 Insulation
7.3.3 Roofing
7.3.4 Reinforcement
7.3.5 Others
8 Global Fiberglass Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Fiberglass Market Share Analysis, By Application
8.3 Global Fiberglass Market Size and Forecast, By Application
8.3.1 Construction
8.3.2 Automotive
8.3.3 Aerospace
8.3.4 Electrical
8.3.5 Others
9 Global Fiberglass Market, By Region
9.1 Global Fiberglass Market Share Analysis, By Region
9.2 Global Fiberglass Market Size and Forecast, By Region
10 North America Fiberglass Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Fiberglass Market Share Analysis, By Type
10.3 North America Fiberglass Market Size and Forecast, By Raw material
10.4 North America Fiberglass Market Size and Forecast, By End-use
10.5 North America Fiberglass Market Size and Forecast, By Application
10.6 North America Fiberglass Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Fiberglass Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Fiberglass Market Share Analysis, By Type
11.3 Europe Fiberglass Market Size and Forecast, By Raw material
11.4 Europe Fiberglass Market Size and Forecast, By End-use
11.5 Europe Fiberglass Market Size and Forecast, By Application
11.6 Europe Fiberglass Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Fiberglass Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Fiberglass Market Share Analysis, By Type
12.3 Asia Pacific Fiberglass Market Size and Forecast, By Raw material
12.4 Asia Pacific Fiberglass Market Size and Forecast, By End-use
12.5 Asia Pacific Fiberglass Market Size and Forecast, By Application
12.6 Asia Pacific Fiberglass Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia
13 Latin America Fiberglass Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Fiberglass Market Share Analysis, By Type
13.3 Latin America Fiberglass Market Size and Forecast, By Raw material
13.4 Latin America Fiberglass Market Size and Forecast, By End-use
13.5 Latin America Fiberglass Market Size and Forecast, By Application
13.6 Latin America Fiberglass Market Size and Forecast, By Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Fiberglass Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Fiberglass Market Share Analysis, By Type
14.3 Middle East Fiberglass Market Size and Forecast, By Raw material
14.4 Middle East Fiberglass Market Size and Forecast, By End-use
14.5 Middle East Fiberglass Market Size and Forecast, By Application
14.6 Middle East Fiberglass Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Owens Corning
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Saint-Gobain SA
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 PPG Industries Inc
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Jushi Group Co Ltd
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Nippon Electric Glass Co
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 AGY Holding Corp
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Taishan Fiberglass Inc
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Chongqing Polycomp International Corp
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Johns Manville Corp
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Binani 3B-The Fibreglass Company
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
16.11 Syntec Corporation
16.11.1 Overview
16.11.2 Offerings
16.11.3 Key Financials
16.11.4 Business Segment & Geographic Overview
16.11.5 Key Market Developments
16.11.6 Key Strategies
16.12 PFG Fiberglass Corporation
16.12.1 Overview
16.12.2 Offerings
16.12.3 Key Financials
16.12.4 Business Segment & Geographic Overview
16.12.5 Key Market Developments
16.12.6 Key Strategies
16.13 Taiwan Glass Industry Corp
16.13.1 Overview
16.13.2 Offerings
16.13.3 Key Financials
16.13.4 Business Segment & Geographic Overview
16.13.5 Key Market Developments
16.13.6 Key Strategies
16.14 Knauf Insulation
16.14.1 Overview
16.14.2 Offerings
16.14.3 Key Financials
16.14.4 Business Segment & Geographic Overview
16.14.5 Key Market Developments
16.14.6 Key Strategies
16.15 Nitto Boseki Co Ltd
16.15.1 Overview
16.15.2 Offerings
16.15.3 Key Financials
16.15.4 Business Segment & Geographic Overview
16.15.5 Key Market Developments
16.15.6 Key Strategies