Automotive Glass Fiber Composites Market, Size, Segment and Growth by Forecast Period: (2021-2031)

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This report provides a comprehensive analysis of the global automotive glass fiber composite market, thoroughly assessing its size, market share, and key dynamics for the 2021–2031 forecast period.

Executive Summary: Automotive Glass Fiber Composites Market

The automotive glass fiber composites market is set for substantial growth, projected to reach US$ 16.20 billion by 2031, up from US$ 7.32 billion in 2024. This expansion represents a robust Compound Annual Growth Rate (CAGR) of 12.4% from 2025 to 2031.

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Global Market Analysis

The global automotive glass fiber composite market is currently experiencing consistent growth, fueled by the automotive industry's increasing demand for lightweight, high-strength materials. These materials are crucial for improving vehicle performance, enhancing fuel efficiency, and boosting overall sustainability.

Key drivers behind this market expansion include:

  • The urgent need for automakers to comply with stringent emissions regulations.
  • The continuous drive to improve fuel economy across vehicle fleets.
  • The rapid expansion of the electric vehicle (EV) market, where lightweight components are particularly beneficial.

Glass fiber composites are becoming indispensable in various automotive applications, including exteriors (such as body panels, bumpers, and fenders), interiors, and crucial structural components. Their popularity stems from their excellent strength-to-weight ratio, superior corrosion resistance, and remarkable design flexibility.

Furthermore, advancements in manufacturing technologies, like automated fiber placement and resin transfer molding, are making these materials more cost-effective and accessible for widespread adoption by automakers. The emergence of hybrid composites, which blend glass fibers with materials like carbon fibers or thermoplastics, presents additional opportunities. These innovative composites offer enhanced mechanical properties, enabling manufacturers to meet the evolving performance demands of both conventional and electric vehicles.

This report offers a comprehensive analysis of the global automotive glass fiber composite market, providing stakeholders with a strategic perspective. It details the primary growth drivers, challenges, opportunities, and the competitive landscape, drawing on a rigorous research methodology that integrates both primary and secondary data sources.

The automotive glass fiber composites market is experiencing significant growth, primarily driven by the automotive industry's push for lightweighting and enhanced fuel efficiency. Innovations in composite technologies are further fueling this expansion, making glass fiber composites more cost-effective and improving their performance.

Market Segmentation

The market for automotive glass fiber composites is analyzed across four key segments: fiber type, resin type, application, and geography.

By Fiber Type

E-Glass (Electrical Glass) dominates the fiber type segment due to its excellent balance of mechanical properties, cost-effectiveness, and versatility, making it suitable for a wide range of general automotive applications. S-Glass (Strength Glass), while offering superior mechanical properties, is considerably more expensive and is typically reserved for high-performance, specialized, or critical structural applications where its enhanced properties justify the higher cost. Other fiber types also contribute to the market.

By Resin Type

Thermoset resins currently hold the largest market share. Resins like epoxy, polyester, and vinyl ester are crucial in the automotive industry due to their superior mechanical strength, durability, heat resistance, and dimensional stability. These qualities are essential for demanding applications such as body panels, structural parts, and under-the-hood components. While thermoplastic resins are gaining traction due to their recyclability and faster processing cycles, they generally exhibit lower heat resistance and mechanical properties compared to thermosets for many high-performance automotive applications. However, ongoing advancements and a focus on sustainability are positioning thermoplastics for significant future growth, particularly in non-structural and semi-structural parts.

By Application

Historically, the exterior segment has held the largest share, driven by the demand for lightweight, durable, and aesthetically appealing components like body panels, bumpers, and fenders. However, the structural segment is rapidly growing and is projected to become the fastest-growing or even dominant segment in the near future. This shift is fundamentally driven by the automotive industry's aggressive lightweighting goals, especially for electric vehicles (EVs), and the need to meet increasingly stringent safety and performance requirements. Other applications also contribute to market growth.

By Geography

The Asia Pacific (APAC) region consistently holds the largest share in the automotive glass fiber composites market and is expected to maintain strong growth. This dominance is attributed to various factors, including the presence of major automotive manufacturing hubs and increasing vehicle production in the region. Other significant markets include Europe and North America, driven by stringent environmental regulations and the presence of major automakers. The Middle East and Africa and South and Central America regions also contribute to the global market.

 key company profilesv

  Solvay Group

  Owens Corning

  SGL Carbon

  Hexcel Corporation

  Johns Manville

  SAERTEX GmbH & Co.KG

  Jiangsu Jiuding Special Fiber Co., Ltd.


Automotive Glass Fiber Composites Market Report Coverage and Deliverables

The " Automotive Glass Fiber Composites Market Outlook (2021–2031)" report provides a detailed analysis of the market covering below areas:

  • Automotive Glass Fiber Composites market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
  • Automotive Glass Fiber Composites market trends, as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed Porter's Five Forces and SWOT analysis.
  • Automotive Glass Fiber Composites market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Automotive Glass Fiber Composites market.
  • Detailed company profiles



The Automotive Glass Fiber Composites market is experiencing significant growth, driven by the global automotive industry's increasing focus on lightweighting, fuel efficiency, and reduced emissions. This market is geographically segmented into five key regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.

Regional Market Dynamics

The Asia Pacific (APAC) region currently holds the largest market share and is projected to experience substantial growth during the forecast period. This dominant position is primarily due to the region's robust automotive manufacturing base, early and widespread adoption of lightweight composite materials, and strict regulations promoting environmental sustainability.

Following APAC, North America and Europe represent the largest and most mature markets for automotive glass fiber composites. Their growth is largely propelled by strong regulatory pressures, ambitious sustainability targets, and the accelerating transition towards electric vehicles (EVs).

Conversely, the Middle East, Africa, and South & Central America are emerging markets. While showing steady growth, their scale is currently smaller as their automotive industries continue to develop and the emphasis on lightweighting gains traction.

Key Market Developments

Recent activities highlight the industry's focus on innovation and sustainable solutions:

  • March 2024: Finnish composites manufacturer Exel Composites partnered with Chinese automotive giant Foton Bus and Coach Co. to supply pultruded glass fiber composite profiles. These profiles, produced in China, aim to reduce vehicle weight and maintenance needs due to their inherent corrosion resistance and lightweight properties.
  • September 2024: Austrian plastics producer Borealis launched Borcycle GD3600SY, a new polypropylene (PP) compound reinforced with glass fiber containing 65% post-consumer recycled (PCR) content. This innovative material will be used in automotive interiors through a collaboration with French thermoplastic injection specialist Plastivaloire and global OEM Stellantis.

Automotive Glass Fiber Composites Market Report Guidance

This comprehensive market research report provides both qualitative and quantitative data, covering various aspects of the Automotive Glass Fiber Composites market, including drive type, propulsion, sales channel, and geographical regions.

Here's an overview of the report's structure:

  • Chapter 2: Key Takeaways – Highlights major market trends and the overall outlook.
  • Chapter 3: Research Methodology – Details the research approach used in the study.
  • Chapter 4: Ecosystem Analysis & Porter’s Analysis – Examines the market ecosystem and competitive forces.
  • Chapter 5: Industry Dynamics – Discusses market drivers, deterrents, opportunities, and future trends, along with their impact analysis.
  • Chapter 6: Market Scenario – Presents historical market revenues and forecasts up to 2031.
  • Chapters 7-9: Market Segmentation – Provides in-depth analysis by product type, portability, technology, application, end-user, and geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America), including revenue forecasts and driving factors.
  • Chapter 10: Competitive Analysis – Offers a competitive landscape overview, including heat map analysis of key players.
  • Chapter 11: Industry Landscape Analysis – Describes business activities like market initiatives, new developments, mergers, and joint ventures.
  • Chapter 12: Company Profiles – Features detailed profiles of major companies, including key facts, business descriptions, products/services, financial overviews, SWOT analysis, and recent developments.
  • Chapter 13: Appendix – Includes a brief company overview, list of abbreviations, and disclaimers.



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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Défense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

Author's Bio
Akshay
Senior Market Research Expert at Business Market Insights

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