Fiberglass Fabric Market - By Fiber Type (E-Glass, A-Glass, C-Glass, D-Glass, S-Glass), By Fabric type, By Application (Wind Energy, Transportation, Electrical and Electronics, Marine, Construction, Aerospace and Defense,) & Forecast, 2024– 2032

Fiberglass Fabric Market Size

Fiberglass Fabric Market was valued at around USD 14.4 billion in 2023 and is estimated to register 6.3% CAGR between 2024 and 2032. The demand for fiberglass fabric is propelled by various industries, with notable support from government initiatives promoting renewable energy and infrastructure development.
 

In the wind energy sector, for instance, government-backed projects and policies aimed at reducing carbon emissions have significantly increased the demand for fiberglass fabric for wind turbine blades. According to the U.S. Energy Information Administration (EIA), in 2021, wind energy accounted for 9% of the total U.S. electricity generation. Additionally, in the construction industry, government investments in infrastructure development and initiatives promoting sustainable building materials contribute to the rising demand for fiberglass fabric in reinforcing concrete structures.

While fiberglass fabric offers various advantages, its production involves energy-intensive processes and the use of resins that can pose environmental challenges. Additionally, recycling fiberglass fabric presents difficulties due to its composite nature. The disposal and end-of-life management of fiberglass products raise concerns about environmental sustainability. Addressing these challenges and developing efficient recycling methods will be crucial for the fiberglass fabric industry to align with evolving environmental regulations and sustainability goals across industries.

Fiberglass Fabric Market Trends

Advanced coatings and finishes are gaining prominence, enhancing the durability, chemical resistance, and fire-retardant properties of fiberglass fabrics. Growing demand in the wind energy sector is driving the development of larger and more efficient fiberglass fabrics for wind turbine blades. Eco-friendly solutions, including the use of recycled and sustainable materials, are becoming integral in response to increased environmental awareness. Furthermore, the integration of smart and functional textiles, offering features such as self-healing capabilities and embedded sensors, is emerging as a key trend, contributing to the market's technological evolution.

Fiberglass Fabric Market Analysis

Based on Fiber Type, the market is segmented as e-glass, a-glass, c-glass, d-glass, s-glass, and others. E-Glass held a majority market value of USD 8.9 billion in 2023. E-Glass fiber stands out as the most popular choice in the market due to its exceptional balance of properties, making it versatile for a wide range of applications. E-Glass, or electrical glass, is known for its high electrical insulation properties, corrosion resistance, and cost-effectiveness. It finds extensive use in Fiberglass Fabric manufacturing, especially in applications requiring general-purpose reinforcement, such as construction, automotive components, and marine structures. The fiber's excellent strength-to-weight ratio, coupled with its relatively low cost of production, positions E-Glass as a preferred choice for industries seeking reliable and economical solutions.
 

Based on Fabric type, the market is segmented as Woven, Non-Woven. Woven fabric type held a dominant market share of around 69% in 2023. Woven fiberglass fabrics are created by interlacing individual glass fibers in a pattern, typically in a plain, twill, or satin weave. This weaving process imparts excellent tensile strength and stability to the fabric, making it well-suited for applications requiring structural reinforcement and load-bearing capacity. Woven fabrics offer a wide range of options in terms of weight, thickness, and weave patterns, providing manufacturers and end-users with flexibility in choosing the right fabric for specific requirements.
 

Based on Application, the fiberglass fabric market is segmented as wind energy, transportation, electrical and electronics, marine, construction, aerospace and defence, and others. Construction held a dominant market share of around USD 5.6 billion in 2023. Fiberglass fabrics are extensively used for reinforcing concrete, providing increased strength and durability to structures. The high tensile strength of fiberglass enhances the structural integrity of concrete, reducing the risk of cracks and improving overall performance. Moreover, fiberglass fabrics offer corrosion resistance, making them particularly suitable for applications in harsh environmental conditions. As the construction industry increasingly emphasizes sustainable and lightweight building materials, fiberglass fabrics align with these trends, contributing to their widespread adoption in the construction sector.
 

Asia Pacific dominated the market with majority market share and a revenue of USD 5.1 billion in 2023 and is anticipated to expand at a significant pace from 2024-2032. Rapid industrialization and urbanization in countries like China and India are driving increased demand for construction materials, where fiberglass fabric finds extensive application for reinforcement. Additionally, the flourishing automotive and aerospace industries in the region are propelling the use of fiberglass fabric in manufacturing lightweight and durable components. The wind energy sector's expansion, particularly in countries like China, is further boosting the demand for fiberglass fabric for wind turbine blades. With favorable government initiatives, growing infrastructure projects, and a robust manufacturing base, the Asia-Pacific region remains a key growth hub for the fiberglass fabric industry.
 

Fiberglass Fabric Market Share 

The fiberglass fabric industry is notably influenced by key industry players, and prominent companies like Owens Corning, Saint-Gobain, Jushi Group, Nippon Electric Glass Co., Ltd., and Johns Manville collectively command a substantial share of the global market. Owens Corning and Saint-Gobain, being industry giants, contribute significantly to the market share with their extensive product portfolios and global reach. Jushi Group, a major player in the fiberglass industry, also plays a crucial role in shaping market dynamics, particularly in the Asia-Pacific region. Nippon Electric Glass Co., Ltd., with its strong presence in the Asian market, further adds to the overall market share.
 

 Johns Manville, a well-established player, contributes to the North American market and enhances the competitive landscape. Together, these companies collectively cover a 50%-60% of the global market share, leveraging their diverse capabilities, extensive distribution networks, and innovative product offerings to shape the trajectory of the industry. While specific market share percentages may vary based on the timeframe and market conditions, collectively, these companies represent a significant force in driving the growth and development of the market on a global scale.
 

Fiberglass Fabric Market Companies

Some of the major market players operating in the fiberglass fabric industry are:

• AGY International
• China Fiberglass Corporation
• Johns Manville
• Jushi Group
• Nippon Electric Glass Co., Ltd.
• Owens Corning
• Saint-Gobain
• Tsurumi Seisakusho Co., Ltd
• Vetrotex Saint-Gobain Composites
   

These players focus on strategic partnerships, new Fiber Type launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative Categories and garner maximum revenue in the market.
 

Fiberglass Fabric Industry News

In October 2023, Owens Corning introduces a new high-performance E-glass fabric with enhanced strength and fire resistance, specifically designed for wind turbine blades.
 

In September 2023, Saint-Gobain unveils a novel non-woven fiberglass fabric with superior thermal insulation properties, targeting energy-efficient building applications.
 

Fiberglass fabric market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Billion & Units in Tons from 2018 to 2032, for the following segments:

Click here to Buy Section of this Report

Market, By Fiber Type

• E-Glass
• A-Glass
• C-Glass
• D-Glass
• S-Glass
• Others

Market, By Fabric type

• Woven
• Non-Woven

Market, By Application

• Wind Energy
• Transportation
• Electrical and Electronics
• Marine
• Construction
• Aerospace and Defense
• Others

The above Information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Indonesia
  • Malaysia 
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE