Glass Fiber Veils Market
The market for Glass Fiber Veils was estimated at $757 million in 2024; it is anticipated to increase to $1.14 billion by 2030, with projections indicating growth to around $1.61 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Glass Fiber Veils Market Outlook
Revenue, 2024
$757M
Forecast, 2034
$1.50B
CAGR, 2025 - 2034
7.1%
The Glass Fiber Veils industry revenue is expected to be around $810.9 million in 2025 and expected to showcase growth with 7.1% CAGR between 2025 and 2034. The thriving growth of the Glass Fiber Veils market can be credited to its growing importance across industries due to its distinct qualities like strong durability, lightweight nature and excellent thermal resistance. All of which make it a vital material in a range of uses. The markets expansion is fueled by factors including the increasing need for lighter materials in the automotive and aerospace sectors the rising demand for insulation in construction and the growing popularity of Glass Fiber Veils, in the electronics industry. In addition to that progress in technology and the creation of creative apps are predicted to keep the market significant, in the future years.
Glass Fiber Veils are crafted from glass fibers arranged haphazardly and bonded with a binder substance. They provide a smooth surface finish. Boost the transparency of laminates while also increasing resistance to corrosion. These qualities make them well suited for uses such as surface veils in composites in insulation materials as battery separators and, in filtration media applications.
Market Key Insights
- The Glass Fiber Veils market is projected to grow from $757.1 million in 2024 to $1.50 billion in 2034. This represents a CAGR of 7.1%, reflecting rising demand across Reinforcement in Composite Materials, Insulation in Electrical and Surface Veils for Corrosion Resistance.
- Owens Corning, Saint-Gobain Vetrotex, Jushi Group are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Glass Fiber Veils market and are expected to observe the growth CAGR of 4.6% to 6.8% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 8.2% to 9.8%.
- Transition like Emergence of Advanced Technologies has greater influence in U.S. and China market's value chain; and is expected to add $42 million of additional value to Glass Fiber Veils industry revenue by 2030.
- The Glass Fiber Veils market is set to add $746 million between 2024 and 2034, with manufacturer targeting Electronics & Automotive Applications projected to gain a larger market share.
- With Increasing demand in construction sector, and Technological advancements in manufacturing processes, Glass Fiber Veils market to expand 99% between 2024 and 2034.
Opportunities in the Glass Fiber Veils
In regions like Asia Pacific where urbanization and industrialization are also rapidly evolving the construction and infrastructure sectors are witnessing a rising interest in Glass Fiber Veils usage due to the increasing demand observed in emerging markets these days creating an opportunity for manufacturers of Glass Fiber Veils with untapped potential that holds promise, for growth.
Growth Opportunities in North America and Asia-Pacific
North America, particularly the United States, is a major market for Glass Fiber Veils. The regions robust industrial sector, coupled with the high demand for advanced materials in industries such as automotive, aerospace, and construction, drives the market. The presence of key players like Owens Corning and Johns Manville further intensifies the competition. However, this also opens up opportunities for collaborative efforts and technological advancements. The push for energy-efficient buildings and the growing adoption of lightweight materials in the automotive industry are key drivers propelling the demand for Glass Fiber Veils in this region.
The Asia-Pacific region, led by China and India, is a rapidly growing market for Glass Fiber Veils. The regions growth is fueled by its expanding construction and automotive sectors, which extensively use Glass Fiber Veils for reinforcement purposes. The competition in this region is marked by both international and local players, providing a diverse range of products. The increasing focus on infrastructure development and the rising demand for fuel-efficient vehicles are significant drivers for the Glass Fiber Veils market in this region. The growing emphasis on renewable energy, particularly wind energy, where Glass Fiber Veils are used in wind turbine blades, also presents a promising opportunity for market expansion.
Market Dynamics and Supply Chain
01
Driver: Increasing Demand in Construction Sector, and Rise in Automotive Applications
The continuous growth of the construction sector is also fuel the rise of the Glass Fiber Veils market as these veils are also favored for their strength and flexibility and are also now being utilized more frequently as a reinforcement element in building projects. This pattern is also especially evident in emerging markets where urbanization and infrastructure advancements are also leading to an increased need, for top notch and resilient construction components. The automotiveindustry'sshift towards lightweight materials is also another key for the Glass Fiber Veils market. Glass Fiber Veils are also being increasingly used in the production of lightweight, fuel-efficient vehicles. Their high strength-to-weight ratio makes them an ideal choice for various automotive components, contributing to the growing demand in this sector.
The Glass Fiber Veils sector is also also experiencing effects from progressions in production methods. Cutting edge technologies allow manufacturers to create Glass Fiber Veils with upgraded characteristics like increased tensile strength and resistance to corrosion. These developments are also broadening the scope of uses, for Glass Fiber Veils. Contributing to the expansion of the market.
02
Restraint: High Production Cost
The manufacturing of Glass Fiber Veils includes procedures and premium materials that play a crucial role, in determining the final production expenses involved in creating these products. This increased cost is usually passed on to the consumers at the end of the supply chain which results in the product being perceived as expensive when compared to available options. Such a steep pricing structure might discourage buyers particularly in markets where price sensitivity is a key concern thus impeding the expansion potential of the Glass Fiber Veils market segment.
03
Opportunity: Expanding Applications in Automotive Industry and Technological Innovations in Material Science
The ongoing quest for sturdy materials in the automotive sector is boosting the need for Glass Fiber Veils to expand further in the market scenario due to theindustry'sheightened concentration on enhancing fuel efficiency and cutting emissions; Glass Fiber Veils stand out for their impressive strength to weight ratio and ability to resist corrosion. Making them a perfect fit, for fulfilling these growing demands.
Significant technological advancements in material science have resulted in the creation of Glass Fiber Veils with improved properties and characteristics. The expanding application range of Glass Fiber Veils is creating opportunities for growth within the industry. One promising area is the production of high performance Glass Fiber Veils designed for utilization, in wind energy systems.
04
Challenge: Environmental Concerns
The manufacturing process of Glass Fiber Veils can be detrimental to the environment, leading to potential regulatory restrictions. The process involves the emission of greenhouse gases and the disposal of hazardous waste, which can harm the environment. These environmental concerns can lead to stricter regulations and increased scrutiny from environmental bodies, which can impede market growth.
Supply Chain Landscape
1
Raw Material Suppliers
Owens CorningJushi GroupNippon Electric Glass
2
Producers
ChomaratSaint-GobainJohns Manville
3
Distributors & Wholesalers
Composites OneNexeo Solutions
4
End Users
AutomotiveConstructionElectronics
1
Raw Material Suppliers
Owens CorningJushi GroupNippon Electric Glass
2
Producers
ChomaratSaint-GobainJohns Manville
3
Distributors & Wholesalers
Composites OneNexeo Solutions
4
End Users
AutomotiveConstructionElectronics
Use Cases of Glass Fiber Veils in Reinforcement in Composite Materials & Insulation in Electrical
Reinforcement in Composite Materials : Glass Fiber Veils are predominantly used in the reinforcement of composite materials. These veils, particularly those with a high modulus, provide enhanced strength and stability to the composite structure. The unique advantage of using Glass Fiber Veils in this application is the improved impact resistance and durability of the composite materials. Top players in this application include companies like Owens Corning and Jushi Group, both renowned for their high-quality glass fiber veils and their strong market position.
Surface Veils for Corrosion Resistance : Another significant application of Glass Fiber Veils is in the production of surface veils for corrosion resistance. The veils, especially those made from E-glass fibers, offer excellent resistance to corrosion, thus extending the lifespan of the product. Companies like Saint-Gobain and Nippon Electric Glass hold a dominant market position in this application, thanks to their innovative and high-performing products.
Insulation in Electrical : Glass Fiber Veils are also widely used for insulation in electrical applications. The veils, typically made from E-glass or C-glass fibers, provide superior electrical insulation, ensuring safety and efficiency. The unique advantage of using Glass Fiber Veils in this application is the high dielectric strength and thermal resistance they offer.
Recent Developments
In recent years, the market for Glass Fiber Veils has experienced significant growth, fueled by advancements in technology and expanding applications across various industries. This lightweight, non-woven product has been increasingly utilized in industries such as construction, automotive, and electronics due to its superior properties such as high tensile strength, corrosion resistance, and thermal insulation.
December 2024 : Leading manufacturer Saint-Gobain Vetrotex expanded its production capacity for Glass Fiber Veils in its North American facility to meet the growing demand in the construction and automotive sectors
October 2024 : Owens Corning, a key provider in the market, launched a new range of Glass Fiber Veils, designed to offer superior strength and flexibility, marking a significant advancement in the industry
July 2024 : Jushi Group Co., Ltd. entered into a strategic partnership with a major European automotive manufacturer to supply high-quality Glass Fiber Veils, showcasing the increasing application of the product in the automotive industry.
Impact of Industry Transitions on the Glass Fiber Veils Market
As a core segment of the Composite industry,
the Glass Fiber Veils market develops in line with broader industry shifts.
Over recent years, transitions such as Emergence of Advanced Technologies and Sustainability Focus have redefined priorities
across the Composite sector,
influencing how the Glass Fiber Veils 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 Veils industry has witnessed a significant transition with the emergence of advanced technologies. Innovations in manufacturing processes have led to the production of superior quality glass fiber veils, enhancing their performance and durability. These technological advancements have also enabled the production of glass fiber veils with customizable properties, catering to the specific needs of diverse industries such as construction, automotive, and electronics. This transition has not only improved the efficiency of glass fiber veils but also expanded their application scope, contributing to the growth and development of associated industries.
02
Sustainability Focus
Another notable transition in the Glass Fiber Veils industry is the increasing focus on sustainability. With growing environmental concerns and stringent regulatory norms, manufacturers are now emphasizing on the production of eco-friendly glass fiber veils. They are adopting sustainable manufacturing practices and utilizing recyclable materials, thereby reducing the environmental impact. This transition towards sustainability has not only enhanced theindustry'sreputation but also opened up new opportunities in green construction and renewable energy sectors, thereby impacting associated industries positively.