United States Fiberglass Market to hit US$ 26 Billion by 2031 | Top Companies - China Jushi Co., Ltd., Owens Corning, PPG Industries, Inc.

"The Global Fiberglass Market reached USD 17.6 billion in 2022 and is projected to witness lucrative growth by reaching USD 26 billion by 2031. The market is growing at a CAGR of 5.0% during the forecast period 2024-2031." As per DataM intelligence research report

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United States: Recent Fiberglass Developments

✅ In September 2025, the U.S. fiberglass market grew steadily driven by innovations in lightweight composites, with projected revenue growth reaching over $4 billion by 2030, supported by expanding automotive and construction sectors.

✅ In August 2025, Avient Corporation announced the launch of continuous fiberglass-reinforced ultra-high-strength tapes, enhancing production scalability and material performance for automotive and aerospace applications.

✅ In July 2025, major U.S. manufacturers focused investments on eco-friendly fiberglass products incorporating bio-based resins and recyclable composites to meet growing sustainability mandates across industries.

✅ In June 2025, the U.S. fiberglass insulation market adapted to supply chain challenges by increasing production efficiency and broadening product availability in residential and commercial construction projects.

Japan: Recent Fiberglass Developments

✅ In January 2025, Japan's fiberglass market showed robust growth with a CAGR of 6.5% expected through 2033, fueled by strong demand from automotive, aerospace, and renewable energy sectors.

✅ In December 2024, Nippon Electric Glass expanded capacity for high-performance fiberglass fabrics used in wind turbines and advanced automotive components to support Japan's renewable energy goals.

✅ In November 2024, leading Japanese manufacturers invested in smart manufacturing technologies integrating AI and robotics to boost efficiency, quality control, and sustainability in fiberglass production.

✅ In October 2024, research reports highlighted rising adoption of fire-resistant and corrosion-resistant fiberglass composites for Japan's infrastructure and shipbuilding industries requiring durability and safety.

Fiberglass Market: Drivers

The fiberglass market is experiencing strong growth due to its high strength-to-weight ratio, corrosion resistance, and versatility in various industrial applications. Fiberglass is widely used in construction, automotive, aerospace, marine, and renewable energy sectors for products such as insulation, panels, pipes, and wind turbine blades. Its durability, thermal stability, and electrical insulation properties make it a preferred material for both structural and non-structural applications. Rising demand for lightweight, energy-efficient, and low-maintenance materials is driving adoption across industries. Advances in resin technology and composite manufacturing are further enhancing fiberglass performance and application scope.

Increasing infrastructure development, automotive production, and renewable energy projects are fueling demand for fiberglass worldwide. Its resistance to moisture, chemicals, and fire adds significant value in harsh environments, expanding its industrial relevance. Government initiatives promoting sustainable construction and energy-efficient solutions support market growth. Growing interest in lightweight composites for aerospace and transportation applications is boosting fiberglass integration. With its combination of strength, versatility, and cost-effectiveness, fiberglass remains a critical material in modern industrial and construction sectors.

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Fiberglass Market: Major Players

China Jushi Co., Ltd., Owens Corning, PPG Industries, Inc., Chongqing Polycomp International Corp. (CPIC), Nippon Electric Glass Co., Ltd., Binani 3B-The Fibreglass Company, Taiwan Glass Ind. Corp., Johns Manville Corp., PFG Fiber Glass (Kunshan) Co., Ltd

Segment Covered in the Fiberglass Market:

➥ By Product: Glass Wool, Direct and Assembled Roving, Yarn, Chopped Strand, Others

➥ By Glass Type: S-Glass, E-Glass, C-Glass, ECR-Glass, Ar-Glass, A-Glass, Others

➥ By Application: Plastics, Detergents, Resins, Synthetic Fibers, Dyes, Pesticides & Drugs, Others

Research Process:

Both primary and secondary data sources have been used in the Fiberglass Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Most Frequently Asked Questions in the Fiberglass Market Research Industry:

➠ Who leads the Fiberglass industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Fiberglass market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Fiberglass market growth?
➠ What are the dominant sales and distribution strategies in the Fiberglass industry?

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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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