The global fiberglass market is likely to reach USD 15.79 Billion by 2027, according to a current analysis by Emergen Research. The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.

Asia Pacific accounted for the largest market share of the global fiberglass market in 2019 and is expected to be the most rapidly expanding market during the forecast period. Rising urbanization and increasing purchasing power of consumers have resulted in increasing automotive sales in the region, which is expected to drive the fiberglass market in the region during the forecast period. Increasing expenditure on ongoing construction projects in developing economies is also estimated to boost the market in the region in the near future.

The lower heat distribution gradient of fiberglass compared to traditional materials, such as aluminum and steel, is contributing to the fiberglass market in the region. Stringent emission control policies in Asia Pacific have boosted the demand for fiberglass material in the region, owing to the eco-friendly nature of the fiberglass material.

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Key questions answered in the report

What will be the market size in terms of value and volume in the next five years?

Which segment is currently leading the market?

In which region will the market find its highest growth?

Which players will take the lead in the market?

What are the key drivers and restraints of the market’s growth?

Report Objectives

Examine the size of the global Fiberglass market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Fiberglass market.

Explore the underlying dynamics of the global Fiberglass market.

Highlight significant trends of the global Fiberglass market based on factors including, production, revenue, and sales.

Extensively profile top players of the global Fiberglass market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global Fiberglass market.

Forecast the market size and share of all segments and regions in the global landscape.

Key Highlights of Report

In August 2020, Owens Corning announced a new product line called FOAMULAR® NGX insulation. The proprietary blowing agent in this new line of extruded polystyrene (XPS) foam products delivers 90% reduction in global warming potential (GWP), without sacrificing product performance.

The glass wool segment held the largest market share of 33.5% in 2019. Increasing expenditure on ongoing construction projects in developed as well as developing economies has resulted in increased demand for glass wool.

The composites segment is projected to expand at the most rapid CAGR of 5.0% during the forecast period. The non-conductive nature and lower heat distribution gradient of fiberglass help in making it a great electric insulator. Also, it saves energy and lowers utility bills, which has increased utilization of fiberglass composites in the construction & infrastructure industry.

The automobiles segment accounted for the largest market share in 2019. Increasing automotive sales in the Asia Pacific region have driven use of fiberglass components in the manufacture of automobile parts.

Key market participants include TAISHAN FIBERGLASS INC. (CTG), Owens Corning, Nippon Electric Glass Co., LTD., Binani 3B-The Fibreglass Company, China Jushi Co., Ltd., Taiwan Glass Ind Corp., PFG Fiber Glass (Kunshan) Co., Ltd., Johns Manville Corp., Knauf Insulation, and AGY Holding Corp.

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Type Outlook (Revenue, USD Billion; 2017–2027)


Glass Wool

Chopped Strands



Application Outlook (Revenue, USD Billion; 2017–2027)



End-use Outlook (Revenue, USD Billion; 2017–2027)

Wind Energy



Building & Construction

Regional Outlook (Revenue, USD Billion; 2021–2028)

North America


Asia Pacific

Latin America

Middle East & Africa

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Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2028

Chapter 3. Key Insights

Chapter 4. Fiberglass Market Segmentation & Impact Analysis

Chapter 5. Fiberglass Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 6. Fiberglass Market By Industries Insights & Trends Revenue (USD Billion)

Chapter 7. Fiberglass Market By Type Insights & Trends Revenue (USD Billion)

Chapter 8. Fiberglass Market Regional Outlook


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