Press release
Automotive Glass Fiber Composites Market Top Key Market Players, Key Regions, Product Segments, and Applications by 2031 | BASF, Lanxess, SABIC, Evonik, DSM
The global market for Automotive Glass Fiber Composites was estimated to be worth US$ 4490 million in 2024 and is forecast to a readjusted size of US$ 6455 million by 2031 with a CAGR of 5.4% during the forecast period 2025-2031.
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he global automotive glass fiber composites market is experiencing significant growth due to the increasing demand for lightweight, high-strength materials in the automotive industry. This demand is driven by stringent environmental regulations, advancements in automotive design, and the rise of electric vehicles (EVs).
Fuel Efficiency and Emission Reduction: Automotive manufacturers are under pressure to reduce vehicle weight to improve fuel efficiency and meet stringent carbon emission regulations, particularly in Europe and North America. Glass fiber composites, being lightweight and durable, are seen as an ideal substitute for heavier materials like steel and aluminum.
Electric Vehicles (EVs): The rise of EVs is further driving the demand for lightweight materials. As EV batteries are heavy, manufacturers are increasingly using glass fiber composites in body panels, battery enclosures, and structural components to reduce overall vehicle weight and increase driving range.Global key players of automotive glass fiber composites include BASF, Lanxess, SABIC, Evonik, DSM, etc. The top five players hold a share over 29%. Asia-Pacific is the largest market, has a share about 43%, followed by Europe and North America, with share 30% and 22%, separately. In terms of product type, Thermoplastic Plastic Products is the largest segment, occupied for a share of 55%, and in terms of application, Interiors and Others has a share about 37 percent.
The research study offers company profiling of leading players operating in the global Automotive Glass Fiber Composites market. Players profiled in the report are studied on the basis of recent developments, business strategies, financial progress, and main business. Players can use key takeaways from the research study to prepare result-orientated business tactics for securing a strong position in the global Automotive Glass Fiber Composites market. The regional analysis provided in the report helps players to explore lucrative growth opportunities available across the world. Our analysts have used latest primary and secondary research methodologies to prepare this highly detailed and accurate report.
Details of Automotive Glass Fiber Composites Market Segmentation: -
Key Manufacturers Operating in the Global Automotive Glass Fiber Composites Market are:
BASF
Lanxess
SABIC
Evonik
DSM
Avient
DuPont
DOMO Chemicals
Hexion
Celanese
RTP
Sumitomo Bakelite
Lotte Chemical
Daicel
Kolon
Denka
Kingfa
Segment by Type:
Thermosetting Plastic Products
Thermoplastic Plastic Products
Segment by Application:
Automotive Body & Roof Panels
Automotive Hood
Automotive Chassis
Interiors and Others
Our market analysts are experts in deeply segmenting the global Automotive Glass Fiber Composites market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Automotive Glass Fiber Composites market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global Automotive Glass Fiber Composites market and plan powerful business tactics to secure a position of strength in the industry.
Market Forecast
Our analysts gave importance to systematic data collection as one of the initial steps taken for successful sizing and forecasting of the global Automotive Glass Fiber Composites market. Proprietary models of market segments integrating data from the supply and demand sides of the global Automotive Glass Fiber Composites market were incorporated for the generation of critical market forecasts and data. The authors of the report then used standard processes for structured validation of preliminary values in the market model. This helped them to adjust the market model accordingly. Our analysts follow industry-best primary and secondary research techniques for accurate assessment and forecasting of key market segments and sub-segments.
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Our objective data will help you to make informed decisions related to your business. The powerful insights provided in the report will lead to better decision-making and deliverance of actionable ideas. The information that this research study offers will assist your business to position in the best manner possible for driving market growth and gain sound understanding about issues affecting the industry and the competitive landscape. Players can actually improve their reputation and standing in the global Automotive Glass Fiber Composites market as they develop improved business strategies and gain more confidence with the help of the research study. Our clients are usually impressed with the credibility of our market research reports and the primary and secondary sources we use.
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Table of Contents
1 Market Overview
1.1 Automotive Glass Fiber Composites Product Introduction
1.2 Global Automotive Glass Fiber Composites Market Size Forecast
1.2.1 Global Automotive Glass Fiber Composites Sales Value (2020-2031)
1.2.2 Global Automotive Glass Fiber Composites Sales Volume (2020-2031)
1.2.3 Global Automotive Glass Fiber Composites Sales Price (2020-2031)
1.3 Automotive Glass Fiber Composites Market Trends & Drivers
1.3.1 Automotive Glass Fiber Composites Industry Trends
1.3.2 Automotive Glass Fiber Composites Market Drivers & Opportunity
1.3.3 Automotive Glass Fiber Composites Market Challenges
1.3.4 Automotive Glass Fiber Composites Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Automotive Glass Fiber Composites Players Revenue Ranking (2024)
2.2 Global Automotive Glass Fiber Composites Revenue by Company (2020-2025)
2.3 Global Automotive Glass Fiber Composites Players Sales Volume Ranking (2024)
2.4 Global Automotive Glass Fiber Composites Sales Volume by Company Players (2020-2025)
2.5 Global Automotive Glass Fiber Composites Average Price by Company (2020-2025)
2.6 Key Manufacturers Automotive Glass Fiber Composites Manufacturing Base and Headquarters
2.7 Key Manufacturers Automotive Glass Fiber Composites Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Automotive Glass Fiber Composites
2.9 Automotive Glass Fiber Composites Market Competitive Analysis
2.9.1 Automotive Glass Fiber Composites Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Automotive Glass Fiber Composites Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automotive Glass Fiber Composites as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Thermosetting Plastic Products
3.1.2 Thermoplastic Plastic Products
3.2 Global Automotive Glass Fiber Composites Sales Value by Type
3.2.1 Global Automotive Glass Fiber Composites Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Automotive Glass Fiber Composites Sales Value, by Type (2020-2031)
3.2.3 Global Automotive Glass Fiber Composites Sales Value, by Type (%) (2020-2031)
3.3 Global Automotive Glass Fiber Composites Sales Volume by Type
3.3.1 Global Automotive Glass Fiber Composites Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Automotive Glass Fiber Composites Sales Volume, by Type (2020-2031)
3.3.3 Global Automotive Glass Fiber Composites Sales Volume, by Type (%) (2020-2031)
3.4 Global Automotive Glass Fiber Composites Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Automotive Body & Roof Panels
4.1.2 Automotive Hood
4.1.3 Automotive Chassis
4.1.4 Interiors and Others
4.2 Global Automotive Glass Fiber Composites Sales Value by Application
4.2.1 Global Automotive Glass Fiber Composites Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Automotive Glass Fiber Composites Sales Value, by Application (2020-2031)
4.2.3 Global Automotive Glass Fiber Composites Sales Value, by Application (%) (2020-2031)
4.3 Global Automotive Glass Fiber Composites Sales Volume by Application
4.3.1 Global Automotive Glass Fiber Composites Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Automotive Glass Fiber Composites Sales Volume, by Application (2020-2031)
4.3.3 Global Automotive Glass Fiber Composites Sales Volume, by Application (%) (2020-2031)
4.4 Global Automotive Glass Fiber Composites Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Automotive Glass Fiber Composites Sales Value by Region
5.1.1 Global Automotive Glass Fiber Composites Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Automotive Glass Fiber Composites Sales Value by Region (2020-2025)
5.1.3 Global Automotive Glass Fiber Composites Sales Value by Region (2026-2031)
5.1.4 Global Automotive Glass Fiber Composites Sales Value by Region (%), (2020-2031)
5.2 Global Automotive Glass Fiber Composites Sales Volume by Region
5.2.1 Global Automotive Glass Fiber Composites Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Automotive Glass Fiber Composites Sales Volume by Region (2020-2025)
5.2.3 Global Automotive Glass Fiber Composites Sales Volume by Region (2026-2031)
5.2.4 Global Automotive Glass Fiber Composites Sales Volume by Region (%), (2020-2031)
5.3 Global Automotive Glass Fiber Composites Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Automotive Glass Fiber Composites Sales Value, 2020-2031
5.4.2 North America Automotive Glass Fiber Composites Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Automotive Glass Fiber Composites Sales Value, 2020-2031
5.5.2 Europe Automotive Glass Fiber Composites Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Automotive Glass Fiber Composites Sales Value, 2020-2031
5.6.2 Asia Pacific Automotive Glass Fiber Composites Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Automotive Glass Fiber Composites Sales Value, 2020-2031
5.7.2 South America Automotive Glass Fiber Composites Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Automotive Glass Fiber Composites Sales Value, 2020-2031
5.8.2 Middle East & Africa Automotive Glass Fiber Composites Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Automotive Glass Fiber Composites Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Automotive Glass Fiber Composites Sales Value
6.2.1 Key Countries/Regions Automotive Glass Fiber Composites Sales Value, 2020-2031
6.2.2 Key Countries/Regions Automotive Glass Fiber Composites Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Automotive Glass Fiber Composites Sales Value, 2020-2031
6.3.2 United States Automotive Glass Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Automotive Glass Fiber Composites Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Automotive Glass Fiber Composites Sales Value, 2020-2031
6.4.2 Europe Automotive Glass Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Automotive Glass Fiber Composites Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Automotive Glass Fiber Composites Sales Value, 2020-2031
6.5.2 China Automotive Glass Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.5.3 China Automotive Glass Fiber Composites Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Automotive Glass Fiber Composites Sales Value, 2020-2031
6.6.2 Japan Automotive Glass Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Automotive Glass Fiber Composites Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Automotive Glass Fiber Composites Sales Value, 2020-2031
6.7.2 South Korea Automotive Glass Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Automotive Glass Fiber Composites Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Automotive Glass Fiber Composites Sales Value, 2020-2031
6.8.2 Southeast Asia Automotive Glass Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Automotive Glass Fiber Composites Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Automotive Glass Fiber Composites Sales Value, 2020-2031
6.9.2 India Automotive Glass Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.9.3 India Automotive Glass Fiber Composites Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 BASF
7.1.1 BASF Company Information
7.1.2 BASF Introduction and Business Overview
7.1.3 BASF Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 BASF Automotive Glass Fiber Composites Product Offerings
7.1.5 BASF Recent Development
7.2 Lanxess
7.2.1 Lanxess Company Information
7.2.2 Lanxess Introduction and Business Overview
7.2.3 Lanxess Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Lanxess Automotive Glass Fiber Composites Product Offerings
7.2.5 Lanxess Recent Development
7.3 SABIC
7.3.1 SABIC Company Information
7.3.2 SABIC Introduction and Business Overview
7.3.3 SABIC Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 SABIC Automotive Glass Fiber Composites Product Offerings
7.3.5 SABIC Recent Development
7.4 Evonik
7.4.1 Evonik Company Information
7.4.2 Evonik Introduction and Business Overview
7.4.3 Evonik Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Evonik Automotive Glass Fiber Composites Product Offerings
7.4.5 Evonik Recent Development
7.5 DSM
7.5.1 DSM Company Information
7.5.2 DSM Introduction and Business Overview
7.5.3 DSM Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 DSM Automotive Glass Fiber Composites Product Offerings
7.5.5 DSM Recent Development
7.6 Avient
7.6.1 Avient Company Information
7.6.2 Avient Introduction and Business Overview
7.6.3 Avient Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Avient Automotive Glass Fiber Composites Product Offerings
7.6.5 Avient Recent Development
7.7 DuPont
7.7.1 DuPont Company Information
7.7.2 DuPont Introduction and Business Overview
7.7.3 DuPont Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 DuPont Automotive Glass Fiber Composites Product Offerings
7.7.5 DuPont Recent Development
7.8 DOMO Chemicals
7.8.1 DOMO Chemicals Company Information
7.8.2 DOMO Chemicals Introduction and Business Overview
7.8.3 DOMO Chemicals Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 DOMO Chemicals Automotive Glass Fiber Composites Product Offerings
7.8.5 DOMO Chemicals Recent Development
7.9 Hexion
7.9.1 Hexion Company Information
7.9.2 Hexion Introduction and Business Overview
7.9.3 Hexion Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Hexion Automotive Glass Fiber Composites Product Offerings
7.9.5 Hexion Recent Development
7.10 Celanese
7.10.1 Celanese Company Information
7.10.2 Celanese Introduction and Business Overview
7.10.3 Celanese Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Celanese Automotive Glass Fiber Composites Product Offerings
7.10.5 Celanese Recent Development
7.11 RTP
7.11.1 RTP Company Information
7.11.2 RTP Introduction and Business Overview
7.11.3 RTP Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 RTP Automotive Glass Fiber Composites Product Offerings
7.11.5 RTP Recent Development
7.12 Sumitomo Bakelite
7.12.1 Sumitomo Bakelite Company Information
7.12.2 Sumitomo Bakelite Introduction and Business Overview
7.12.3 Sumitomo Bakelite Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Sumitomo Bakelite Automotive Glass Fiber Composites Product Offerings
7.12.5 Sumitomo Bakelite Recent Development
7.13 Lotte Chemical
7.13.1 Lotte Chemical Company Information
7.13.2 Lotte Chemical Introduction and Business Overview
7.13.3 Lotte Chemical Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Lotte Chemical Automotive Glass Fiber Composites Product Offerings
7.13.5 Lotte Chemical Recent Development
7.14 Daicel
7.14.1 Daicel Company Information
7.14.2 Daicel Introduction and Business Overview
7.14.3 Daicel Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Daicel Automotive Glass Fiber Composites Product Offerings
7.14.5 Daicel Recent Development
7.15 Kolon
7.15.1 Kolon Company Information
7.15.2 Kolon Introduction and Business Overview
7.15.3 Kolon Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Kolon Automotive Glass Fiber Composites Product Offerings
7.15.5 Kolon Recent Development
7.16 Denka
7.16.1 Denka Company Information
7.16.2 Denka Introduction and Business Overview
7.16.3 Denka Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Denka Automotive Glass Fiber Composites Product Offerings
7.16.5 Denka Recent Development
7.17 Kingfa
7.17.1 Kingfa Company Information
7.17.2 Kingfa Introduction and Business Overview
7.17.3 Kingfa Automotive Glass Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Kingfa Automotive Glass Fiber Composites Product Offerings
7.17.5 Kingfa Recent Development
8 Industry Chain Analysis
8.1 Automotive Glass Fiber Composites Industrial Chain
8.2 Automotive Glass Fiber Composites Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Automotive Glass Fiber Composites Sales Model
8.5.2 Sales Channel
8.5.3 Automotive Glass Fiber Composites Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
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