Press release
Glass Fiber Textiles Market to Reach USD 8.1 Billion by 2028, Says Stratview Research
The glass fiber textiles market comprises woven and non-woven textile reinforcements made from glass fibers, widely used in composite applications across electrical & electronics, transportation, wind energy, construction, and other industries. According to Stratview Research, the market is projected to reach USD 8.1 billion by 2028, growing at a CAGR of 6.6% during the forecast period of 2023-2028. The single most important growth driver is the expanding electrical & electronics industry, as glass fiber textiles are critical in PCB laminates and insulation systems, where increasing electronics production directly boosts demand for high-performance reinforcement materials.Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/1403/glass-fiber-textiles-market.html
Market Statistics
• Forecast value: USD 8.1 Billion (2028)
• CAGR: 6.6%
• Forecast period: 2023-2028
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
Glass Fiber Textiles Market, by Textile Type
• Woven Roving
• Woven Yarn
• Multi-Axials
• Continuous Strand Mat/Continuous Filament Mat
• Chopped Strand Mat
• Preforms
Glass Fiber Textiles Market, by Industry Type
• Aerospace & Defense
• Marine
• Transportation
• Construction
• Consumer Goods (Sports/Leisure)
• Electrical & Electronics
• Pipe & Tanks
• Wind Energy
• Others
Glass Fiber Textiles Market, by Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
Segment Analysis
By textile type, woven yarn dominates the market due to its superior strength-to-weight ratio, uniform thickness control, and suitability for high-performance composite laminates used in electrical and transportation applications. Its versatility across multiple end-use sectors ensures stable volume consumption, encouraging manufacturers to invest in advanced weaving capabilities to maintain competitiveness.
By industry type, the electrical & electronics segment holds the largest share as glass fiber textiles are essential in PCB substrates and electrical insulation materials. Wind energy is identified as the fastest-growing segment, driven by increasing installation of larger turbine blades that require durable and lightweight reinforcements, prompting suppliers to align production capacities with renewable energy expansion plans.
Regional Insights
Asia-Pacific is both the dominant and fastest-growing region in the glass fiber textiles market, supported by strong electronics manufacturing output, expanding wind energy installations, and growing transportation production. The presence of major composite manufacturing hubs and large-scale industrial investments continues to strengthen regional demand, making capacity expansion and local partnerships strategically important for industry participants.
Market Drivers
• Rising PCB production driven by global electronics demand increases consumption of glass fiber textiles for laminates.
• Growth in wind turbine installations requires high-strength textile reinforcements for longer blades.
• Expanding automotive and transportation lightweighting initiatives accelerate composite adoption.
• Infrastructure development in construction boosts demand for durable reinforcement materials.
• Increasing marine and aerospace composite applications support steady textile consumption.
Competitive Landscape
Top Companies in the Market
• Owens Corning
• Zhenshi Holding Group Co., Ltd
• SAERTEX GmBH & Co. KG
• PGTEX China Co. , Ltd.
FAQs
1. How large will the glass fiber textiles market be by 2028?
It is expected to reach USD 8.1 billion by 2028, growing at a CAGR of 6.6% during 2023-2028.
2. Which end-use industry generates the highest demand for glass fiber textiles?
Electrical & electronics leads the market due to extensive use in PCB laminates and insulation materials.
3. Where is most of the market growth expected to come from geographically?
Asia-Pacific drives the majority of growth due to strong electronics manufacturing and wind energy expansion.
4. Is wind energy becoming a major opportunity area for suppliers?
Yes, rapid turbine blade expansion and renewable investments are accelerating demand for high-performance textile reinforcements.
5. What strategic factors should manufacturers monitor in this market?
Capacity expansion in Asia-Pacific, electronics production trends, and renewable energy investments are key indicators shaping long-term demand.
Related Links:
thermoplastic micromolding market: https://sway.cloud.microsoft/S0iEbfbWQEHiAalF
uv cured resins market: https://scrapbox.io/researchnews/Global_UV_Cured_Resins_Market:_Expanding_Applications_in_Coatings,_Electronics,_and_Printing
weapon mounts market: https://www.ganjingworld.com/news/1i7262phrvv4YJueOjwpiz5Zw1oh1c/weapon-mounts-market-projected-to-reach-usd-213-billion-by-2028-driven-by-defense-modernization
weather forecasting systems and solutions market: https://justpaste.it/muwfh
carbonate market: https://www.leenkup.com/read-blog/70511
cast acrylic sheet market: https://velog.io/@stella_reed/Cast-Acrylic-Sheet-Market-Strong-Growth-Driven-by-Signage-Construction-and-Transportation
cellular concrete market: https://hallbook.com.br/blogs/842938/Global-Cellular-Concrete-Market-Outlook-Key-Trends-Applications-and-Growth
cellulose esters market: https://network.musicdiffusion.com/read-blog/70325
chemical licensing market: https://ivebo.co.uk/read-blog/213204
chlorine compressors market: https://www.wowonder.xyz/read-blog/384742
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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