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Glass Fiber Roving Market
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Glass Fiber Roving Market

Author: Vineet Pandey - Business Consultant, Report ID - DS1308020, Published - August 2025

Segmented in Product Type (Single-end, Multi-end, Chopped Strand), Applications (Automotive, Aerospace, Electronics, Construction, Marine, Others), Manufacturing Process, Fiber Diameter and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Glass Fiber Roving Market Outlook

The market for Glass Fiber Roving was estimated at $3.2 billion in 2024; it is anticipated to increase to $5.5 billion by 2030, with projections indicating growth to around $8.7 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 9.5% over the forecast period. The Glass Fiber Roving market shows strong growth because it finds increasing use in automotive construction and aerospace industries. The materials superior properties, including high strength, light weight, and resistance to heat, chemicals, and fire, have significantly contributed to its rising demand. The market will experience additional growth because of ongoing technological advancements and manufacturing process innovations which highlight the importance of Glass Fiber Roving in the current market environment.


Glass Fiber Roving consists of glass fiber strands which demonstrate outstanding tensile strength and flexibility. The material serves as a primary component for composite material production and plastic reinforcement and boat and automobile and aircraft construction. The automotive and aerospace industries lead the way in rising demand for lightweight durable materials as per current market trends. The increasing focus on energy efficiency and emission reduction together with rising demand for Glass Fiber Roving has become a key driver of market demand.


Market Size Forecast & Key Insights

2019
$3.2B2024
2029
$8B2034

Absolute Growth Opportunity = $4.7B

The Glass Fiber Roving market is projected to grow from $3.2 billion in 2024 to $8.0 billion in 2034. This represents a CAGR of 9.5%, reflecting rising demand across Infrastructure Development, Wind Energy and Automotive Industry.

The Glass Fiber Roving market is set to add $4.7 billion between 2024 and 2034, with manufacturer targeting Aerospace & Electronics Applications projected to gain a larger market share.

With Increased demand in construction industry, and Technological advancements in manufacturing, Glass Fiber Roving market to expand 148% between 2024 and 2034.

Opportunities in the Glass Fiber Roving Market

Strategic Collaborations

Glass Fiber Roving manufacturers can enhance their product offerings through partnerships with research institutes and technology companies. The collaborative efforts between these organizations result in new Glass Fiber Roving applications which expand its market potential.

Exploring Untapped Markets and Technological Innovations

Glass Fiber Roving demonstrates excellent strength and lightweight characteristics which make it suitable for use in automotive and aerospace applications. The material shows great potential but remains underutilized in developing countries including India Brazil and South Africa. The expanding automotive and aerospace industries in these markets create an attractive opportunity for Glass Fiber Roving manufacturers to establish themselves globally.

The development of advanced manufacturing technologies including 3D printing and automation has created new opportunities for Glass Fiber Roving applications. The combination of these technologies enables the creation of more efficient and cost-effective Glass Fiber Roving with high quality standards which drives market demand across different industries.

Growth Opportunities in North America and Asia Pacific

Asia Pacific Outlook

The Asia Pacific region led by China and India demonstrates a growing market for Glass Fiber Roving. The regions fast industrial growth together with rising infrastructure development investments has created rising demand for Glass Fiber Roving. The expanding automotive industry especially electric vehicles drive the market because Glass Fiber Roving provides both weight reduction and exceptional strength. The market faces strong competition because it includes both international and domestic companies such as Chongqing Polycomp International and Taishan Fiberglass. The Glass Fiber Roving production market needs to resolve problems regarding its quality standards and environmental effects during manufacturing.

North America Outlook

The North American market for Glass Fiber Roving has been witnessing significant growth, driven by the robust demand in industries such as automotive, construction, and aerospace. The regions advanced manufacturing capabilities and technological advancements have further propelled the use of Glass Fiber Roving in high-performance applications. The presence of key players such as Owens Corning and Jushi Group adds to the competitive landscape, fostering innovation and product development. However, the market faces challenges in the form of stringent environmental regulations and the need for sustainable manufacturing practices.

North America Outlook

The North American market for Glass Fiber Roving has been witnessing significant growth, driven by the robust demand in industries such as automotive, construction, and aerospace. The regions advanced manufacturing capabilities and technological advancements have further propelled the use of Glass Fiber Roving in high-performance applications. The presence of key players such as Owens Corning and Jushi Group adds to the competitive landscape, fostering innovation and product development. However, the market faces challenges in the form of stringent environmental regulations and the need for sustainable manufacturing practices.

Asia Pacific Outlook

The Asia Pacific region led by China and India demonstrates a growing market for Glass Fiber Roving. The regions fast industrial growth together with rising infrastructure development investments has created rising demand for Glass Fiber Roving. The expanding automotive industry especially electric vehicles drive the market because Glass Fiber Roving provides both weight reduction and exceptional strength. The market faces strong competition because it includes both international and domestic companies such as Chongqing Polycomp International and Taishan Fiberglass. The Glass Fiber Roving production market needs to resolve problems regarding its quality standards and environmental effects during manufacturing.

Growth Opportunities in North America and Asia Pacific

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : U.S., China, Germany, Japan, India are expected to grow at 6.9% to 10.0% CAGR

2

Emerging Markets : Indonesia, Brazil, South Africa are expected to grow at 9.1% to 11.9% CAGR

Market Analysis Chart

The global market for Glass Fiber Roving is witnessing a significant growth trajectory, driven by several key factors. One of the primary drivers is the increasing demand in various industrial applications such as automotive, aerospace, and construction. The unique properties of Glass Fiber Roving, including high strength, light weight, and resistance to heat and corrosion, make it an ideal choice for these industries. However, the market also faces certain restraints. The manufacturing process of Glass Fiber Roving is energy-intensive, leading to high production costs. This, coupled with the environmental concerns associated with its production and disposal, might hinder the market growth to some extent.

Recent Developments and Technological Advancement

December 2024

Owens Corning, a leading manufacturer, announced the expansion of its glass fiber roving production capacity to meet the growing demand in the automotive industry

October 2024

Saint-Gobain Vetrotex introduced a new range of high-performance glass fiber roving, specifically designed for wind turbine applications

July 2024

Jushi Group Co., Ltd. launched an innovative glass fiber roving product, enhancing the durability and strength of composites used in aerospace applications.

Glass Fiber Roving, a key component in the composites industry, has been experiencing significant market developments in recent years. The increasing demand for lightweight, durable materials in various sectors, such as automotive, construction, and aerospace, has driven the growth of the Glass Fiber Roving market. High-performance properties such as superior strength, flexibility, and resistance to heat and chemicals make Glass Fiber Roving a preferred choice for manufacturers.

Impact of Industry Transitions on the Glass Fiber Roving Market

As a core segment of the Composite industry, the Glass Fiber Roving market develops in line with broader industry shifts. Over recent years, transitions such as Emergence of Advanced Technologies and Shift Towards Sustainable Practices have redefined priorities across the Composite sector, influencing how the Glass Fiber Roving market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Emergence of Advanced Technologies:

The Glass Fiber Roving industry has undergone a major transformation because of advanced technologies. The production of glass fiber roving has become more efficient and of higher quality because of high-speed roving machines and advanced sizing techniques. The production capacity has increased and the performance characteristics of the final product have been improved. The transition has had a direct impact on industries such as automotive and construction where the demand for high-quality glass fiber roving has increased.

2

Shift Towards Sustainable Practices:

Another notable transition in the Glass Fiber Roving industry is the shift towards sustainable practices. With increasing environmental concerns and stringent regulations, manufacturers are now focusing on eco-friendly production methods. For instance, the adoption of energy-efficient machinery and recycling of waste materials has become a common practice. This transition has significantly influenced associated industries, encouraging them to incorporate sustainable materials in their products, thereby promoting a circular economy.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Composite industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Composite industry cascade into the Glass Fiber Roving market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Increased Demand in Construction Industry, and Growth in Wind Energy Sector

The constructionindustrysgrowing demand for glass fiber roving is also a significant market. The materials high tensile strength and durability make it ideal for reinforcing concrete structures, enhancing their lifespan and resilience. The trend towards sustainable construction is also also fueling this growth, with glass fiber roving being a recyclable and environmentally friendly option.
The wind energy sectors expansion is also another critical for the glass fiber roving market. Glass fiber roving is also extensively used in the production of wind turbine blades due to its high strength-to-weight ratio and excellent fatigue resistance. As the global focus shifts towards renewable energy sources, the demand for wind turbines, and consequently, glass fiber roving, is also expected to rise significantly.
The manufacturing process of glass fiber roving has also experienced technological progress which resulted in better product quality and manufacturing efficiency. The production process innovations have also produced glass fiber roving with superior characteristics including stronger fibers and improved heat resistance and corrosion protection. The technological progress has also expanded the usage possibilities of glass fiber roving especially for demanding applications in aerospace and automotive sectors.

Restraint: High Production Costs

The manufacturing of Glass Fiber Roving requires high-temperature raw material melting followed by fiber drawing and roving bundling operations. The manufacturing process needs substantial energy consumption and capital expenditure which results in elevated production expenses. The elevated production costs typically get passed on to end consumers who might avoid purchasing due to higher prices which restricts market expansion.

Challenge: Environmental Concerns

The manufacturing process of Glass Fiber Roving also brings about environmental concerns. It involves the emission of greenhouse gases and the disposal of waste materials, which can have a negative impact on the environment. This has led to increased scrutiny from environmental regulators and a growing demand for more sustainable alternatives, posing a significant challenge to the Glass Fiber Roving market.

Supply Chain Landscape

Raw Material Suppliers

Owens Corning

Jushi Group

Chongqing Polycomp International

Producers

PPG Industries

Nippon Electric Glass

Distributors Wholesalers
Binani 3B / Sichuan Weibo New Material Group
End Users
Automotive / Aerospace / Construction
Raw Material Suppliers

Owens Corning

Jushi Group

Chongqing Polycomp International

Producers

PPG Industries

Nippon Electric Glass

Distributors Wholesalers

Binani 3B

Sichuan Weibo New Material Group

End Users

Automotive

Aerospace

Construction

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Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Automotive
Transportation
Owens Corning
Innovation in lightweight and high-strength glass fiber roving products for enhanced vehicle performance
Construction
Building and Infrastructure
Chongqing Polycomp International Corp.
Development of durable and corrosion-resistant glass fiber roving for construction reinforcement
Wind Energy
Renewable Energy
Jushi Group Co., Ltd.
Production of high tensile strength glass fiber roving for wind turbine blades
Electronics
Technology
Nippon Electric Glass Co., Ltd.
Focus on high electrical insulation glass fiber roving for electronic components

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Glass Fiber Roving market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Glass Fiber Roving in Wind Energy, Automotive Industry and Infrastructure Development

Wind Energy

The wind energy sector utilizes Direct roving in the manufacturing of wind turbine blades. The Glass Fiber Roving provides the necessary strength and flexibility to withstand high wind speeds. Companies like Chongqing Polycomp International Corp. and Saint-Gobain Vetrotex are the leading players in this application, recognized for their superior product quality and market leadership.

Automotive Industry

In the automotive industry, Multi-end roving is the preferred of Glass Fiber Roving. It is used in the production of lightweight composite materials for vehicles, contributing to fuel efficiency and environmental sustainability. Top players in this sector include PPG Industries, Inc. and Nippon Electric Glass Co., Ltd., both renowned for their innovative solutions and strong market position.

Infrastructure Development

Glass Fiber Roving is extensively used in infrastructure development, primarily due to its high tensile strength and durability. The of Glass Fiber Roving predominantly used in this application is Single-end roving, which is incorporated into concrete to enhance its structural integrity. Companies like Owens Corning and Jushi Group Co. Ltd. are key players in this application, known for their high-quality products and market dominance.

Glass Fiber Roving vs. Substitutes:
Performance and Positioning Analysis

Glass Fiber Roving, compared to alternatives like carbon or aramid fibers, offers superior cost-effectiveness, ease of handling, and versatility in applications. Its unique market positioning lies in its potential growth in the automotive and construction industries. These Alternatives specially Carbon Fiber Roving has experienced a rapid growth as detailed in our latest report.

Glass Fiber Roving
    High tensile strength, excellent insulation properties
    Susceptibility to moisture, high cost of production
    High tensile strength, cost-effectiveness
    Limited resistance to high temperatures, susceptibility to chemical degradation

Glass Fiber Roving vs. Substitutes:
Performance and Positioning Analysis

Glass Fiber Roving

  • High tensile strength, excellent insulation properties
  • Susceptibility to moisture, high cost of production

Carbon Fiber Roving / Basalt Fiber Roving

  • High tensile strength, cost-effectiveness
  • Limited resistance to high temperatures, susceptibility to chemical degradation

Glass Fiber Roving, compared to alternatives like carbon or aramid fibers, offers superior cost-effectiveness, ease of handling, and versatility in applications. Its unique market positioning lies in its potential growth in the automotive and construction industries. These Alternatives specially Carbon Fiber Roving has experienced a rapid growth as detailed in our latest report.

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Research Methodology

This market research methodology defines the Glass Fiber Roving market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the Composite ecosystem, we analyze Glass Fiber Roving across Automotive, Aerospace, and Electronics Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:


We benchmark competitors such as Owens Corning, Jushi Group Co. Ltd., and Chongqing Polycomp International Corp. by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Material Suppliers, Producers, and Distributors Wholesalers. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Composite revenues to estimate the Glass Fiber Roving segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Material Suppliers (Owens Corning, Jushi Group), Producers (PPG Industries, Nippon Electric Glass), and Distributors Wholesalers. Our parallel substitute analysis examines Carbon Fiber Roving and Basalt Fiber Roving, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Owens Corning, Jushi Group Co. Ltd., and Chongqing Polycomp International Corp., analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Glass Fiber Roving market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Glass Fiber Roving Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 3.5 billion
Revenue Forecast in 2034USD 8.0 billion
Growth RateCAGR of 9.5% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 20243.2 billion
Growth OpportunityUSD 4.7 billion
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 20243.2 billion USD
Market Size 20274.2 billion USD
Market Size 20295.1 billion USD
Market Size 20305.5 billion USD
Market Size 20348.0 billion USD
Market Size 20358.7 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredProduct Type, Applications, Manufacturing Process, Fiber Diameter
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledOwens Corning, Jushi Group Co. Ltd., Chongqing Polycomp International Corp., Nippon Electric Glass Co. Ltd., Taishan Fiberglass Inc., Johns Manville, AGY Holding Corp., Saint-Gobain Vetrotex, China Beihai Fiberglass Co. Ltd., Jiangsu Jiuding New Material Co. Ltd., PPG Industries Inc. and Advanced Glassfiber Yarns LLC.
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Glass Fiber Roving Market Size, Opportunities & Strategic Insights, by Product Type

4.1Single-end
4.2Multi-end
4.3Chopped Strand
Chapter 5

Glass Fiber Roving Market Size, Opportunities & Strategic Insights, by Applications

5.1Automotive
5.2Aerospace
5.3Electronics
5.4Construction
5.5Marine
5.6Others
Chapter 6

Glass Fiber Roving Market Size, Opportunities & Strategic Insights, by Manufacturing Process

6.1Direct
6.2Assembled
Chapter 7

Glass Fiber Roving Market Size, Opportunities & Strategic Insights, by Fiber Diameter

7.19 microns
7.213 microns
7.317 microns
Chapter 8

Glass Fiber Roving Market, by Region

8.1North America Glass Fiber Roving Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Glass Fiber Roving Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Glass Fiber Roving Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Glass Fiber Roving Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Glass Fiber Roving Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Glass Fiber Roving Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1Owens Corning
9.2.2Jushi Group Co. Ltd.
9.2.3Chongqing Polycomp International Corp.
9.2.4Nippon Electric Glass Co. Ltd.
9.2.5Taishan Fiberglass Inc.
9.2.6Johns Manville
9.2.7AGY Holding Corp.
9.2.8Saint-Gobain Vetrotex
9.2.9China Beihai Fiberglass Co. Ltd.
9.2.10Jiangsu Jiuding New Material Co. Ltd.
9.2.11PPG Industries Inc.
9.2.12Advanced Glassfiber Yarns LLC.