Fiberglass Roving Market Report 2026

The fiberglass roving market size has grown strongly in recent years. It will grow from $10.27 billion in 2025 to $11.11 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to expansion of construction and infrastructure projects, increasing use of composite materials in transportation, rising adoption of fiberglass in electrical applications, availability of cost-effective glass fiber production, growth in pipe and tank manufacturing.

The fiberglass roving market size is expected to see strong growth in the next few years. It will grow to $15.51 billion in 2030 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to increasing demand for lightweight materials in electric vehicles, rising investments in renewable energy infrastructure, expansion of composite applications in construction, growing focus on material durability and lifespan, increasing use of advanced manufacturing techniques. Major trends in the forecast period include increasing use of high-strength composite reinforcements, rising adoption of pultrusion and filament winding processes, growing demand for lightweight structural materials, expansion of fiberglass use in infrastructure applications, enhanced focus on corrosion-resistant materials.

The increasing demand from the wind energy sector is expected to drive the growth of the fiberglass roving market in the coming years. The wind energy sector includes industries involved in the design, manufacturing, installation, and maintenance of wind turbines and other renewable power generation equipment. Within this sector, fiberglass roving enables the manufacture of larger wind turbine blades, which contributes to improved turbine energy output. It is a key material used by the wind energy industry in the production of nacelles and turbine blades. For example, in December 2023, the International Renewable Energy Agency (IRENA), a UAE-based intergovernmental organization, reported that annual average investments in renewable power generation must increase to USD 1.3 trillion by 2030, up from USD 486 billion in 2022. This represented the second-highest growth rate among all renewable energy technologies. Therefore, rising demand from the wind energy sector is supporting the growth of the fiberglass roving market.

Major companies operating in the fiberglass roving market are concentrating on technological advancements in manufacturing processes, such as Interwet-LFI technology, to reinforce their market presence. Interwet-LFI technology improves the structural performance of visually designed polymer components by applying a GFR-PU layer to the reverse side, enhancing stiffness, strength, and durability, especially for external body panels used in automotive and agricultural vehicles. For instance, in October 2023, Cannon Plas Tec, an Italy-based plastic processing manufacturing company, introduced Interwet-LFI technology for GFR-PU structural, lightweight, and aesthetic composite applications to manufacture glass-fiber-reinforced polyurethane (GFR-PU) components. Using its autonomous and highly flexible Interwet-LFI technology, Cannon can produce a wide range of fillers with a fiber volume fraction (FVF) of up to 50%. The spraying process enables adjustment of fiber loading and reinforcement length, ranging from 12.5 to 100 mm, to achieve optimal tensile strength. Additionally, fiber orientation is controlled through deflectors positioned near the spray head nozzles, allowing the production of thicker load-bearing components as well as shallow and/or deep-ribbed, thin-walled parts with more uniform material distribution.

In February 2023, Saint-Gobain Group, a France-based manufacturer of construction materials, acquired U.P. Twiga Fiberglass Ltd. for an undisclosed sum. Through this acquisition, Saint-Gobain seeks to reinforce its market leadership and broaden its portfolio of solutions for lightweight and sustainable construction. U.P. Twiga Fiberglass Ltd. is an India-based company specializing in the production of high-quality fiberglass roving for a wide range of industrial applications.

Major companies operating in the fiberglass roving market are Owens Corning, China Jushi Co. Ltd., PPG Industries Inc., Nippon Electric Glass Co. Ltd., Johns Manville, Taiwan Glass Industry Corporation, Chongqing Polycomp International Corporation, Taishan Fiberglass Inc., China Beihai Fiberglass Co. Ltd., AGY Holdings Corp., 3B - the fiber glass company, Saint-Gobain Vetrotex, Nitto Boseki Co. Ltd., P-D Glasseiden GmbH, Jiangsu Jiuding New Material Co. Ltd., CPIC Fiberglass, Shandong Fiberglass Group Co. Ltd., Binani Industries Ltd., Valmiera Glass Group, Jushi Egypt for Fiberglass Industry S.A.E.

Asia-Pacific was the largest region in the fiberglass roving market in 2025. The regions covered in the fiberglass roving market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fiberglass roving market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The fiberglass roving market consists of sales of A-glass fiber, D-glass fiber, ECR glass fiber, and S-2 glass fiber. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.