Why did the Glass Fiber Price Change in July 2025? The Glass Fiber Spot Price in the U.S. declined by 7.6% quarter-on-quarter, settling at USD 1080/MT CFR New York by the end of Q2 2025. The overall drop reflected reduced market confidence, sluggish procurement activity, and softened import pricing.

Graph and download economic data for Producer Price Index by Industry: Other Pressed and Blown Glass and Glassware: Glass Fiber and Machine-Made Pressed and Blown Glass and Glassware, Made by Glass Producers (PCU327212327212B) from Jun 2012 to Jul 2025 about glassware, glass, fiber, PPI, industry, inflation, price index, indexes, price, and USA.

The Glass Fiber Report is Segmented by Product Form (Roving, Mats, Strands, and More), Fiber Type (E-Glass, S-Glass, E-CR Glass, and More), End-User Industry (Building and Construction, Automotive, Wind Energy, Aerospace and Defense, Marine, Sports and Leisure, and Other End-User Industries), and Geography (Asia-Pacific, North America, Europe, and More). The Market Forecasts are Provided in Terms of Volume (Tons)

In 2024, after three years of growth, there was decline in the global glass fiber market, when its value decreased by -4.2% to $23.9B. The market value increased at an average annual rate of +1.2% from 2012 to 2024; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the global market reached the maximum level at $25B in 2023, and then dropped slightly in the following year.

The global E-Glass fiber market is experiencing robust growth, driven by the increasing demand across diverse sectors such as construction, transportation, and wind energy. The market size in 2025 is estimated at $15 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033. This growth is primarily fueled by the rising construction activities globally, particularly in developing economies, coupled with the expanding wind energy sector's need for lightweight and durable composite materials. Furthermore, advancements in manufacturing technologies are leading to improved E-Glass fiber properties, enhancing its applications in high-performance materials. The increasing focus on sustainable infrastructure and environmentally friendly materials further bolsters market expansion. Key players like Johns Manville, Unifrax, and Taishan Fiberglass are strategically investing in capacity expansions and product innovations to capitalize on this growth trajectory. However, the market faces certain restraints. Fluctuations in raw material prices (like silica sand and soda ash) can impact profitability. Furthermore, intense competition among established players and the emergence of new entrants necessitates continuous innovation and cost optimization strategies. Geopolitical uncertainties and supply chain disruptions also pose potential challenges. Despite these headwinds, the long-term outlook for the E-Glass fiber market remains optimistic, driven by the enduring need for high-performance, cost-effective materials across a broad range of applications. The market segmentation by application (construction, transportation, industrial, wind power) and type (roving, chopped, yarn) presents opportunities for targeted market penetration strategies. Regional variations in growth are expected, with Asia Pacific expected to dominate due to its robust infrastructure development and burgeoning renewable energy sector. This in-depth report provides a comprehensive analysis of the global E-glass fiber market, a crucial component in diverse industries valued at approximately $15 billion. We delve into production trends, market segmentation, key players, and future growth projections, empowering businesses to make informed strategic decisions. The report leverages extensive market research and incorporates data from leading industry players like Johns Manville, Unifrax, and Taishan Fiberglass (Sinoma), among others. This report is essential for investors, manufacturers, and anyone seeking to understand the dynamics of this rapidly evolving market. Keywords: E-glass fiber market, fiberglass, construction materials, wind energy, transportation, industrial applications, market analysis, market size, market share, key players, industry trends, growth forecast, market segmentation, competitive landscape.

The glass fiber market worldwide had a value of some **** billion U.S. dollars in 2023. It is forecast that the global glass fiber market size will increase with a compound annual growth rate (CAGR) of three percent from 2023 to 2030. The expected global market size in 2030 is some ** billion U.S. dollars.

The Glass Fiber Market size to reach USD 31.62 Billion in 2033 growing at a CAGR of 4.9%. The research report classifies market by share, trend, demand and based on segmentation by Product Type, Glass Type, Manufacturing Process, Application, End Use, and Region

In 2024, the Turkish glass fiber market decreased by -4.9% to $495M for the first time since 2018, thus ending a five-year rising trend. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Glass fiber consumption peaked at $520M in 2023, and then declined slightly in the following year.

In Q1 2025, the North American glass fibre market experienced a dynamic yet overall bearish trajectory, shaped by shifting trade policies, supply chain adjustments, and evolving procurement strategies. The quarter began with strong bullish momentum in January, driven by aggressive restocking and heightened demand from key downstream sectors like automotive and construction. This surge was largely influenced by concerns surrounding impending trade restrictions and seasonal recovery in business activity.

The global chopped glass fibers market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 isn't provided, considering a plausible market size of $5 billion in 2025 (a reasonable estimate based on industry reports for related fiber markets and considering the provided CAGR and value unit of millions) and a CAGR (Compound Annual Growth Rate) of, let's assume, 6%, the market is projected to reach substantial value by 2033. This consistent growth trajectory is fueled by several key factors. The automotive industry, a major consumer, is significantly expanding its use of chopped glass fibers in composite materials for lighter and more fuel-efficient vehicles. Similarly, the construction sector's rising adoption of fiber-reinforced polymers (FRP) and other composites for building materials further bolsters market expansion. Advances in aerospace applications, including the use of chopped glass fibers in aircraft components, contribute to market growth as well. Segmentation by fiber type (alkali-free, medium alkali, high alkali) and application (automotive, building, aerospace, others) reveals diverse growth opportunities within the market, allowing manufacturers to cater to specific needs and technological advancements. However, certain restraints influence market growth. Fluctuations in raw material prices, particularly those of glass and resin, represent a significant challenge. Moreover, the environmental impact associated with glass fiber production necessitates sustainable manufacturing practices to mitigate potential negative consequences. Competitive pressures among established and emerging players also impact profit margins and overall market dynamics. Despite these challenges, the overall outlook for the chopped glass fiber market remains positive, with substantial growth potential across various regions, particularly in rapidly developing economies in Asia Pacific, which is expected to witness high demand and consequently drive market expansion in the coming years. Further innovations in material science and sustainable manufacturing practices will play a pivotal role in shaping the future of this dynamic market. This report provides a detailed analysis of the global chopped glass fibers market, projecting robust growth driven by burgeoning demand across diverse sectors. We delve into production figures exceeding 15 million metric tons annually, examining market dynamics, competitive landscapes, and future trends. The report leverages extensive primary and secondary research to provide actionable insights for businesses operating in or seeking to enter this dynamic market. Key search terms like "chopped glass fiber market size," "chopped glass fiber applications," and "chopped glass fiber manufacturers" are strategically integrated throughout.

The global fiberglass market is estimated to register a remarkable value of USD 11.3 billion by 2024. This includes the application of fiberglass in various industries including construction, automotive, aviation, and marine. The market is currently showing a CAGR of 5.3% for the next decade, it is highly likely to reach a whopping USD 19 billion by 2034.

Segmentation in the Fiberglass Industry

Country-wise Insights

In 2024, the Italian glass fiber market was finally on the rise to reach $87M for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate perceptible growth. As a result, consumption attained the peak level of $108M. From 2022 to 2024, the growth of the market failed to regain momentum.

The global Glass Fiber Market growth is expected to register a CAGR of 8%. Find out the latest trends and insights on the Glass Fiber Market. Our analysis provides valuable information on the market size, key players, and growth opportunities.

Snapshot img

Glass Fiber Market Size 2024-2028

The glass fiber market size is forecast to increase by USD 4.34 billion at a CAGR of 5.2% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for lightweight and durable materials in various industries. In construction, glass fibers are increasingly being used in doors and window frames due to their strength and insulation properties. Fiberglass composites, including those reinforced with carbon fiber, are also gaining popularity in the production of decking and other building materials. Moreover, the wind energy sector is a major contributor to the market's growth. Glass fiber-reinforced polymers are used extensively in wind turbine blades, making them a crucial component in the renewable energy sector. However, the availability of substitutes such as metal and concrete can pose a challenge to market growth. Additionally, Rockwool, a leading manufacturer of stone wool insulation, is also utilizing glass fibers in its products to offer lightweight and insulating solutions.

Request Free Sample

The market is a significant sector within the materials industry, characterized by its extensive applications in various industries. This market encompasses a range of products, including fibers, resins, composite materials, glass wool, chopped strand, yarn, and glass fiber mats and cloths. Composite materials, derived from the combination of glass fibers and resins, exhibit remarkable strength and lightweight properties. These materials are widely used in diverse industries, such as automotive and aerospace sectors, to enhance fuel efficiency and reduce weight. In the automotive sector, fiberglass composites are employed for manufacturing body panels, hoods, and other components, while in the aerospace sector, they are used for producing lightweight and durable structures for aircraft.

Moreover, the market finds extensive applications in the construction sector, where fiberglass composites are used for reinforcing concrete, producing insulation materials like glass wool, and manufacturing various components, such as girders, railings, doors, window frames, and decking. The use of glass fiber composites in construction provides benefits like improved durability, corrosion resistance, and reduced maintenance requirements. The market also caters to the energy sector, particularly wind energy. Fiberglass composites are extensively used in the production of wind turbine blades due to their high strength-to-weight ratio and resistance to harsh environmental conditions. Glass fibers are also used in various industries for insulation purposes, such as in the production of rockwool, a type of mineral wool insulation.

In conclusion, The market is a dynamic and evolving sector, driven by the increasing demand for lightweight and durable materials across various industries. The market offers significant growth opportunities for manufacturers and suppliers of glass fibers, composite materials, and related products.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Composites
  Insulation


End-user

  Construction
  Transportation
  Consumer products
  Wind turbines
  Others


Geography

  APAC

    China
    India


  North America

    US


  Europe

    Germany
    France


  Middle East and Africa



  South America

By Application Insights

The composites segment is estimated to witness significant growth during the forecast period. Glass fiber composites, also known as Fiber-Reinforced Polymer (FRP) composites, are produced by embedding reinforcing materials, such as glass fibers, into a polymer matrix. The primary industries utilizing glass fiber composites include transportation, construction, and pipe and tank sectors. The growth of the composites segment in The market is attributed to the expansion of residential and commercial development, the ongoing growth of oil and gas operations and water/wastewater infrastructure, and the increasing demand for lightweight cars. The automotive industry's significant presence worldwide is the primary driver for the composites segment's anticipated growth during the forecast period. Glass fiber composites offer superior strength and lightweight properties, making them an ideal choice for various applications in these industries.

Furthermore, in the transportation sector, glass fiber composites are extensively used in the production of automotive parts due to their ability to reduce vehicle weight, enhance fuel efficiency, and improve overall performance. In the construction industry, glass fiber composites are used to reinforce concrete structures, providing them with increased strength and

The global Glass Fiber market stood at approximately 4780 thousand tonnes in 2022 and is anticipated to grow at a healthy CAGR of 3.8% during the forecast period until 2032.

R-Glass Fiber Market size is valued at USD 6.12 Billion in 2024 and is projected to reach USD 9.44 Billion by 2031, growing at a CAGR of 7.7% during the forecast period 2024-2031.

Global R-Glass Fiber Market Drivers

Stringent Environmental Regulations: Government regulations, particularly in developed regions like North America and Europe, are enforcing limits on VOC emissions in industrial applications. This regulatory pressure has pushed manufacturers and end-users to adopt waterborne technologies like non-ionic aqueous polyurethane as alternatives to solvent-based products, spurring market growth.

Growing Automotive Industry: The automotive sector is a significant consumer of coatings, adhesives, and sealants. Non-ionic aqueous polyurethanes are widely used due to their excellent properties, including flexibility, chemical resistance, and durability. With the automotive industry prioritizing lightweight materials and sustainable manufacturing processes, the adoption of these polyurethanes is rising.

Global A Glass Fiber market size 2025 was XX Million. A Glass Fiber Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The global fiberglass market size was valued at USD 12.79 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 17.8 Billion by 2033, exhibiting a CAGR of 3.72% during 2025-2033. Asia Pacific currently dominates the market, holding a significant market share of over 48.6% in 2024. The expanding building sector, the automobile and aerospace industries’ growing need for lightweight materials, several renewable energy projects, and the rising focus on environmentally friendly production methods are some of the major factors expanding the fiberglass market share.

IMARC Group provides an analysis of the key trends in each segment of the global fiberglass market report, along with forecasts at the global, regional and country levels from 2025-2033. Our report has categorized the market based on glass product type, glass fiber type, resin type, application and end user.

Global glass fiber market worth at USD 31.93 Billion in 2024, is expected to surpass USD 49.84 Billion by 2034, with a CAGR of 4.7% from 2025 to 2034.

A-Glass Fiber Market size was valued at USD 6.04 Billion in 2024 and is projected to reach USD 9.57 Billion by 2032, growing at a CAGR of 8.0% from 2026 to 2032.The A-Glass Fiber Market is primarily driven by rising demand for lightweight and durable materials across construction, automotive, and electronics industries. Additionally, increased focus on sustainable and energy-efficient solutions, alongside advancements in manufacturing technologies, continue to support the market’s steady expansion.