Fiberglass Companies

The fiberglass market is projected to grow from USD 27.14 billion in 2025 to USD 34.97 billion by 2030, at a CAGR of 5.2% during the forecast period.

Fiberglass, also known as glass reinforced plastic (GRP), is a composite material made of fine glass fibers and polymer resin. It is a lightweight, corrosion-resistant, and durable material widely used in the aerospace, construction, and electronics industries. These properties of fiberglass help reduce maintenance costs, increase equipment lifespan, and improve operational efficiency. These factors are expected to drive market growth in the coming years.

Fiberglass Companies

Major fiberglass manufacturers are based in Asia Pacific and Europe, including China Jushi Co., Ltd. (China), Owens Corning (US), Saint-Gobain (France), Taishan Fiberglass Inc. (CTG Group) (China), Chongqing Polycomp International Corp. (CPIC) (China), and Nippon Electric Glass Co., Ltd. (Japan). They are among the top players in the fiberglass industry. Significant focus has been on developing new manufacturing processes for fiberglass and on recent deals influenced by the evolving global demands. These companies have implemented various growth strategies to strengthen their market positions. These strategies include product launches, expansions, contracts, partnerships, mergers and acquisitions, and new product development efforts to further grow their presence in the fiberglass market.

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China Jushi Co., Ltd. (China)

China Jushi is one of the leading global fiberglass manufacturers. The company is involved in researching, producing, and distributing fiberglass and manufacturing plastic floorboards. It operates through three segments: glass fiber and its products, other products, and businesses. China Jushi Co., Ltd. provides fiberglass products from the glass fiber and its products segment. It produces fiberglass yarns, rovings, chopped strands, and mats used across various industries, including construction, transportation, wind energy, and electronics. It manufactures rovings, chopped strands, stitched combo mats & chopped strand mats, powder & emulsion chopped strand mats, woven rovings, and electrical yarns & fabrics within over 100 product categories offering more than 1,000 specifications. The company also produces E-glass and C-glass fiberglass products. Additionally, it makes FRP (fiberglass reinforced plastic) products like pipes, tanks, and profiles for infrastructure projects.

Owens Corning (US)

Owens Corning develops and manufactures insulation, roofing, and fiberglass composites. The company operates through three business segments: Insulation, Roofing, and Composites. The Insulation segment manufactures products such as fiberglass insulation for residential and commercial construction. The Roofing segment produces shingles, roofing accessories, and underlayment for residential and commercial buildings. The Composites segment creates products like glass fiber reinforcements, resins, and fabrics for industrial, automotive, and aerospace markets. Additionally, it offers loose-fill insulation, foam sheathing for walls and accessories, thermal and acoustical batts, and other products marketed under well-known brand names and trademarks, such as Owens Corning PINK FIBERGLAS Insulation. Owens Corning has a geographic footprint in North America, Europe, and the Asia Pacific, offering a broad fiberglass product portfolio in over 33 countries worldwide.

Chongqing Polycomp International Corp. (CPIC, China)

CPIC is a large state-owned enterprise. The company mainly produces glass fabric series products, such as high-quality alkali-free fiberglass. Its products are widely used in urban architecture, interior decoration, and mechatronics. The broad range of fiberglass products offered by CPIC is used in various applications across end-use industries such as wind power generation, aviation, construction, and automobiles. CPIC has manufacturing facilities in Brazil, Bahrain, and China. Its annual fiberglass manufacturing capacity exceeds 600,000 tonnes, while its glass fabric production capacity surpasses 150 million meters. CPIC operates four sales subsidiaries in the United States, Europe, Russia, and Hong Kong. Its products are sold across North America, the Middle East & Africa, Europe, Southeast Asia, and other regions, with exports making up more than half of total sales. CPIC has established long-term agreements with over 30 foreign companies, including GE and DuPont.

FIBERGLASS MARKET: MARKET RANKING

The fiberglass market is concentrated, with the top five players holding 50.0–55.0% of the market share, indicating many competitors in this emerging industry. China Jushi Co., Ltd. leads the market, thanks to its technological innovation, strong research and development capabilities, extensive production capacity, and strategic partnerships across various industries. As a pioneer in fiberglass manufacturing, the company has been expanding into new product lines and industries to diversify its risk and boost revenue streams.

Other key players in the fiberglass market include Owens Corning (US), Saint-Gobain (France), Taishan Fiberglass Inc. (CTG Group, China), Chongqing Polycomp International Corp. (CPIC, China), and Nippon Electric Glass Co., Ltd. (Japan). These companies have made significant advances in providing competitive products and solutions to meet various fiberglass applications and needs. Companies like 3B-The Fiberglass Company and Taiwan Glass Ind. Corp. are helping diversify the fiberglass market by pioneering advanced technologies and expanding their manufacturing capacity, which will also support the growth of the overall fiberglass industry.

Related Reports:

Fiberglass Market by Glass Type (E-Glass, ECR Glass, S-Glass, Others), by Product Type (Glass Wool, Direct & Assembled Roving, Yarn, Chopped Strands, Milled Fibers), Application (Composites, Insulation), and Region - Global Forecast to 2030