Global Fiberglass Fabric Market is segmented By Fiber Type (A-Glass, C-Glass, D-Glass, S-Glass, Others), By Fabric Type (Woven Fiberglass Fabric, Non-woven Fiberglass Fabric), By Application (Wind Energy, Building & Construction, Automotive & Aerospace, Electrical & Electronics, Marine, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis 2024-2031
Fiberglass Fabric Market Overview
180 Pages report analyses the global fiberglass fabric market shares, size, recent trends, future market outlook, and competitive intelligence. Fiberglass fabric usage in electronics in PCB manufacturing is on the rise. Demand for wind energy, building & construction in Asia Pacific is growing. The competitive rivalry intensifies with Saint-Gobain S.A, Owens Corning, and others active in the market.
Fiberglass fabric is an inorganic, non-metallic material commonly derived from natural materials such as quartz, sand, limestone, kaolin and dolomite, and others. Fiberglass fabrics exhibit properties such as high tensile strength, heat resistance, insulation, thermal conductivity, chemical resistance, and durability. Because of these properties, fiberglass fabrics are extensively used in the uniformity of surface structure, wall reinforcement, fire and heat resistance, noise reduction, and many others.
Also, fiberglass fabrics are used in electronics in PCB manufacturing due to their properties of electrical resistance and electric insulation. High-temperature resistance, growing corrosion resistance applications, and innovative applications in the wind energy, aerospace, and marine sectors are expected to increase the demand for fiberglass fabric over the forecast period of 2024-2031.
Fiberglass Fabric Market Summary
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Metrics |
Details |
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Market CAGR |
High |
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Segments Covered |
By Fiber Type, By Fabric Type, By Application, and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
Asia Pacific |
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Fiberglass Fabric Market Growth Trends
Increasing demand of heat resistant fabric is expected to drive the fiberglass fabric market
High thermal insulation applications such as welding protection, oven curtains, expansion joints, high-temperature gaskets, slow cooling blankets for foundries, gloves, and other high-temperature personal protective equipment require heat-resistant materials to withstand the temperature. Fiberglass fabric serves as the go-to material for industrial heat protection from welding cloth to fabricated parts. Standard fiberglass fabric provides excellent protection in applications up to 1000°F/550°C. Moreover, fiberglass fabrics are also chemical resistant and have high dielectric strength.
Fiberglass fabrics are also used in electronics in PCB manufacturing due to their properties, such as electrical resistance and electric insulation. Increasing temperatures, growing corrosion resistance applications, and innovative applications drive fiberglass fabric demand over the forecast period.
The high cost of production is anticipated to hinder the fiberglass fabric market growth
Composite materials like glass fiber are still more expensive than conventional products such as steel, aluminum, and wood. The production cost of composite fiber make up a large portion of the composite retail price. Glass fiber is an inorganic non-metallic material that requires chemical such as silica, aluminum oxide, calcium oxide, magnesium oxide, sodium oxide, and boron oxide as raw materials. Also, glass fiber is made from crystal balls or waste glass that requires the processes of high-temperature founding, brushing, winding, and weaving, significantly increasing the cost of production.
Fiberglass Fabric Market Segmentation Analysis
Based on application, the fiberglass fabric market is segmented into wind energy, building & construction, automotive & aerospace, electrical & electronics, marine, and others.
The wind energy sector is expected to dominate the segment, owing to an increase in demand for renewable and sustainable energy
As per the “Future of Wind” published in China Wind Power, global wind power could increase ten-fold, reaching over 6000 GW by 2050. By the mid-century, wind could cover one-third of global power needs. Moreover, wind energy and electrification could deliver a quarter of the energy-related carbon emission reductions needed to meet the Paris climate targets.
Fiberglass fabrics have been used in lightweight constructions for the globally rising wind energy industry, where they have been integrated into multiple wind energy applications. Fiberglass composite components such as fabric allow high strength at a low weight for the cost-effective manufacturing of longer and more efficient rotor blades for more giant wind turbines. For instance, fiberglass biaxial fabric for wind energy provides faster fabrication of parts with better physical and mechanical properties. Also, Twisted fiberglass yarns and ZeroTwist® are used in lightweight constructions for the wind energy industry.
Global Fiberglass Fabric Market Geographical Share
Asia-Pacific dominates the fiberglass fabric market, owing to investments in wind energy and the construction sector
Asia-Pacific is anticipated to dominate the market, owing to the highly developed electronics and construction sector and the continuous investments in the wind energy sector over the years. As per a report by the International Renewable Energy Agency (IRENA), Asia could grow its share of onshore wind from 230 Gigawatt in 2018 to over 2600 GW by 2050. By that time, the region would become a global leader in the wind energy sector, accounting for more than 50 percent of onshore and over 60 percent of offshore wind capacity installed globally.
Moreover, countries such as China, India, Singapore, and South Korea have seen significant construction industry growth. As per the Ministry of Trade and Industry of Singapore, the construction industry has witnessed growth in recent years due to the residential sector's expansions.
Henceforth, the growing construction sector in developing countries, coupled with increasing investments in the wind energy sector in Asia-Pacific, is projected to drive the market for fiberglass fabrics over the forecast period.
Fiberglass Fabric Market Companies and Competitive Landscape
The fiberglass fabric market is moderately competitive with the presence of local as well as global companies. Key players in the market include Saint-Gobain S.A, Owens Corning, Hexcel Corporation, Jushi Group Co. Ltd, Central Glass Co, Gurit, U.S. Composites, Inc., Fibre Glast Developments Corp., Tah Tong Textile Co., Ltd., Auburn Manufacturing, Inc. among others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the fiberglass fabric market globally.
Saint-Gobain S.A
Overview: Saint-Gobain S.A. is a French multinational company engaged in designing, manufacturing, and distributing materials and solutions for construction, mobility, healthcare, and other industrial application markets.
Product Portfolio: Saint-Gobain Vetrotex is the leading producer of textile fiberglass materials. The product range includes fiberglass yarns, beams, ZeroTwist®, textile chopped strands, texturized and volumized yarns, C-Glass staple fiber yarns, and direct roving.
Key Development:
- In June 2020, Saint-Gobain Vetrotex purchased a manufacturing facility, called Valmiera’s in Dublin, GA. The new site will allow the company to strengthen its presence in America and provide additional local support to customer partners.
Why Purchase the Report?
- Visualize the composition of the fiberglass fabric market segmentation by fiber type, fabric type, application, and region highlighting the key commercial assets and players.
- Identify commercial opportunities in the fiberglass fabric market by analyzing trends and co-development deals.
- Excel data sheet with thousands of fiberglass fabric market-level 4/5 segmentation data points.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in excel for the key product of all major market players
The global fiberglass fabric market report would provide an access to approx. 61 market data tables, 54 figures, and 180 pages.
Target Audience
- Service Providers/ Buyers
- Industry Investors/Investment Bankers
- Education & Research Institutes
- Research Professionals
- Emerging Companies
- Manufacturers
