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Glass Fiber Roving Market

Glass Fiber Roving Market

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.

Report ID:DS1308020
Author:Vineet Pandey - Business Consultant
Published Date:October 2025
Datatree
Glass Fiber Roving
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Market Data

Global Glass Fiber Roving Market Outlook

Revenue, 2024

$3.2B

Forecast, 2034

$8.0B

CAGR, 2024 - 2034

9.5%
The Glass Fiber Roving industry revenue is expected to be around $3.5 billion in 2025 and expected to showcase growth with 9.5% CAGR between 2025 and 2034. 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.

Glass Fiber Roving market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034

Market Key Insights

  • 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, Automotive Industry and Wind Energy.
  • Owens Corning, Jushi Group Co. Ltd., Chongqing Polycomp International Corp. are among the leading players in this market, shaping its competitive landscape.
  • U.S. and China are the top markets within the Glass Fiber Roving market and are expected to observe the growth CAGR of 6.9% to 10.0% between 2024 and 2030.
  • Emerging markets including Indonesia, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 9.1% to 11.9%.
  • Transition like Emergence of Advanced Technologies is expected to add $700.0 million to the Glass Fiber Roving market growth by 2030
  • 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.
glass fiber roving market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032

Opportunities in the Glass Fiber Roving

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.

Growth Opportunities in North America and Asia Pacific

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.

Market Dynamics and Supply Chain

01

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

The constructionindustry'sgrowing 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.
02

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.
03

Opportunity: 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.
04

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

1
Raw Material Suppliers

Owens Corning

Jushi Group

Chongqing Polycomp International

2
Producers

PPG Industries

Nippon Electric Glass

3
Distributors Wholesalers

Binani 3B

Sichuan Weibo New Material Group

4
End Users

Automotive

Aerospace

Construction

*The illustration highlights the key stakeholders within the supply chain ecosystem.

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

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.

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.

Wind Energy

The wind energy sector extensively uses Direct Roving in the production of wind turbine blades. To enhance structural integrity and fatigue resistance, manufacturers often incorporate E-glass fiber yarn and roving along with traditional Glass Fiber Roving. This combination ensures the blades possess the required strength and flexibility to withstand extreme wind conditions. Leading companies such as Chongqing Polycomp International Corp. and Saint-Gobain Vetrotex are known for their high-performance materials and strong market presence.

Recent Developments

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.
01

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. This industry transition is expected to add $700 million in the industry revenue between 2024 and 2030.
02

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.

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