Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Application (Insulation, Composites), By Type (Glass Wool, Yarn, Roving, Chopped Strands), By End-use (Automobiles, Building and Construction, Aerospace, Wind Energy) And Competitive Landscape
Product Code: ETC185581 | Publication Date: May 2021 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | Asia Pacific Fiberglass Market |
Forecast period | 2025-2031 |
Forecast Size | USD 15.0 billion by 2031 |
CAGR | 6.3% |
Growing Sector | Building and construction |
Asia Pacific Fiberglass Market report thoroughly covers the market By Countries, by application, by type, and by end use. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Asia Pacific fiberglass market was valued at approximately $9.2 billion in 2025 and is forecasted to grow at a CAGR of 6.3% from 2025 to 2031, reaching a market size of around $15.0 billion by 2031. The construction sector dominates the market in this region, contributing nearly 45% of the total revenue in 2025, due to rapid urbanization and infrastructure development. The automotive industry holds a significant share of approximately 20%, driven by the growing adoption of lightweight materials to improve fuel efficiency.
The Asia Pacific fiberglass market has experienced significant growth in recent years, driven by increasing demand across various industries such as construction, automotive, and renewable energy. Fiberglass, known for its lightweight, high strength, and corrosion resistance, is widely utilized in applications ranging from insulation to composite materials. Rapid urbanization and industrialization in countries like China, India, and Southeast Asia have further accelerated market expansion, with construction projects and the growing adoption of energy-efficient materials serving as primary growth factors. Additionally, advancements in manufacturing techniques and the rising focus on sustainability are expected to create new opportunities for the fiberglass market in the region.
According to 6Wresearch, the Asia Pacific Fiberglass Market is anticipated to grow at a CAGR of 6.3% during the forecast period 2025-2031. Several key drivers are fueling the growth of the Asia Pacific fiberglass market. The surge in construction activities, particularly in emerging economies like China and India, has significantly increased the demand for fiberglass as a durable and efficient building material. The automotive industry also plays a crucial role, as manufacturers increasingly use fiberglass composites to enhance vehicle performance through weight reduction and improved fuel efficiency. Furthermore, the expanding renewable energy sector, particularly the wind energy market, relies on fiberglass for turbine blades due to its strength and lightweight properties. Lastly, growing awareness and regulatory push towards energy-efficient and sustainable materials have further bolstered the Asia Pacific Fiberglass Market growth.
Despite the promising growth opportunities, the Asia Pacific fiberglass market faces several challenges that could hinder its progress. One significant issue is the fluctuating prices of raw materials, which can impact production costs and profitability for manufacturers. Additionally, the energy-intensive nature of fiberglass production raises concerns about environmental sustainability and adherence to strict regulations aimed at reducing carbon emissions. Another challenge is the competition from alternative materials, such as carbon fiber and advanced plastics, which offer similar benefits but may be preferred in specific applications. Lastly, limited technological expertise and infrastructure in some developing regions can pose barriers to the large-scale adoption and efficient production of fiberglass products.
The Asia Pacific fiberglass market is witnessing several key trends that are shaping its growth trajectory. One major trend is the increasing demand for lightweight and high-strength materials in the automotive and aerospace industries to improve fuel efficiency and reduce emissions. The construction industry is also driving growth, as fiberglass is being increasingly used in modern architectural designs due to its durability, flexibility, and resistance to corrosion. Additionally, the renewable energy sector is creating new opportunities, with fiberglass being widely adopted for manufacturing wind turbine blades. Technological advancements, such as the development of eco-friendly fiberglass and improved production techniques, are further enhancing the efficiency and sustainability of fiberglass products. The rising focus on smart cities and infrastructure development projects across the region is also accelerating the demand for fiberglass in various applications.
The Asia Pacific fiberglass market presents a wide range of investment opportunities driven by robust growth across multiple industries. The automotive and aerospace sectors offer significant potential due to the increasing need for advanced composite materials to meet stringent environmental regulations and improve performance. Similarly, the construction industry’s shift towards sustainable and innovative building materials creates avenues for investment in fiberglass production and application technologies. The renewable energy sector, particularly wind energy, provides another promising area for investors, with the growing demand for fiberglass in wind turbine construction. Furthermore, investments in research and development for eco-friendly fiberglass solutions and cost-efficient production methods are likely to yield high returns as sustainability becomes a priority in the region. With ongoing urbanization and infrastructure development, the fiberglass market in the Asia Pacific region is poised for strong long-term growth.
The Asia Pacific fiberglass market is dominated by several key players who are driving innovation and shaping the competitive landscape. Companies such as Owens Corning, China Jushi Co., Ltd., and Nippon Electric Glass Co., Ltd. have established strong footholds in the region through extensive production capabilities, strategic partnerships, and a focus on sustainability. Owens Corning, for instance, is renowned for its high-performance fiberglass products and commitment to eco-friendly manufacturing practices. China Jushi Co., Ltd., a global leader in fiberglass production, continues to expand its market presence by investing in advanced technologies and increasing production capacities. Nippon Electric Glass Co., Ltd., known for its specialized glass materials, takes an innovative approach to deliver cutting-edge solutions tailored to various industries.
The fiberglass industry is significantly influenced by government regulations aimed at ensuring environmental sustainability and workplace safety. Many countries in the region have implemented stringent measures to reduce greenhouse gas emissions and promote eco-friendly manufacturing processes. Regulations often mandate the adoption of energy-efficient technologies and the reduction of waste generated during production. Additionally, workplace safety standards are strictly enforced to protect workers from potential health risks associated with fiberglass production, such as dust exposure and chemical handling. Compliance with these regulations not only supports environmental goals but also enhances the industry's reputation, encouraging further investment and innovation.
The Asia Pacific fiberglass industry is poised for significant growth in the coming years, driven by a combination of technological advancements, expanding applications, and rising demand in emerging economies. Increasing investments in construction and infrastructure projects across countries like China, India, and Southeast Asia are expected to be a major growth driver, as fiberglass continues to be a material of choice due to its strength, durability, and lightweight properties. Additionally, the rapid development of renewable energy projects, particularly in wind energy, is projected to boost the demand for fiberglass composites, which are essential for manufacturing wind turbine blades.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ashutosh, Senior Research Analyst, 6Wresearch, The building and construction sector emerged as the dominant end-use market, contributing nearly 45% of the Asia Pacific fiberglass revenue in 2025. This is primarily due to rapid urbanization, infrastructure development, and the adoption of fiberglass for insulation and structural components.
By application, composites hold the leading share in the Asia Pacific fiberglass market. These materials are widely used across industries due to their high strength-to-weight ratio and durability, making them ideal for automotive components, wind turbine blades, and construction materials. Insulation, though a smaller segment, is gaining traction due to the growing emphasis on energy efficiency and thermal regulation in buildings.
Among the countries in the Asia Pacific region, China dominates the fiberglass market, accounting for over 40% of the regional revenue in 2022. This is attributed to its large-scale construction projects, advancements in the automotive sector, and aggressive investments in wind energy.
The report offers a comprehensive analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Fiberglass Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Fiberglass Market Revenues & Volume, 2021 & 2031F |
3.3 Asia Pacific Fiberglass Market - Industry Life Cycle |
3.4 Asia Pacific Fiberglass Market - Porter's Five Forces |
3.5 Asia Pacific Fiberglass Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Asia Pacific Fiberglass Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Asia Pacific Fiberglass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Asia Pacific Fiberglass Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.9 Asia Pacific Fiberglass Market Revenues & Volume Share, By , 2021 & 2031F |
4 Asia Pacific Fiberglass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Fiberglass Market Trends |
6 Asia Pacific Fiberglass Market, 2021 - 2031 |
6.1 Asia Pacific Fiberglass Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2 Asia Pacific Fiberglass Market, Revenues & Volume, By Type, 2021 - 2031 |
6.3 Asia Pacific Fiberglass Market, Revenues & Volume, By End-use, 2021 - 2031 |
7 China Fiberglass Market, 2021 - 2031 |
7.1 China Fiberglass Market, Revenues & Volume, By Application, 2021 - 2031 |
7.2 China Fiberglass Market, Revenues & Volume, By Type, 2021 - 2031 |
7.3 China Fiberglass Market, Revenues & Volume, By End-use, 2021 - 2031 |
8 India Fiberglass Market, 2021 - 2031 |
8.1 India Fiberglass Market, Revenues & Volume, By Application, 2021 - 2031 |
8.2 India Fiberglass Market, Revenues & Volume, By Type, 2021 - 2031 |
8.3 India Fiberglass Market, Revenues & Volume, By End-use, 2021 - 2031 |
9 Japan Fiberglass Market, 2021 - 2031 |
9.1 Japan Fiberglass Market, Revenues & Volume, By Application, 2021 - 2031 |
9.2 Japan Fiberglass Market, Revenues & Volume, By Type, 2021 - 2031 |
9.3 Japan Fiberglass Market, Revenues & Volume, By End-use, 2021 - 2031 |
10 Australia Fiberglass Market, 2021 - 2031 |
10.1 Australia Fiberglass Market, Revenues & Volume, By Application, 2021 - 2031 |
10.2 Australia Fiberglass Market, Revenues & Volume, By Type, 2021 - 2031 |
10.3 Australia Fiberglass Market, Revenues & Volume, By End-use, 2021 - 2031 |
11 Indonesia Fiberglass Market, 2021 - 2031 |
11.1 Indonesia Fiberglass Market, Revenues & Volume, By Application, 2021 - 2031 |
11.2 Indonesia Fiberglass Market, Revenues & Volume, By Type, 2021 - 2031 |
11.3 Indonesia Fiberglass Market, Revenues & Volume, By End-use, 2021 - 2031 |
12 Philippines Fiberglass Market, 2021 - 2031 |
12.1 Philippines Fiberglass Market, Revenues & Volume, By Application, 2021 - 2031 |
12.2 Philippines Fiberglass Market, Revenues & Volume, By Type, 2021 - 2031 |
12.3 Philippines Fiberglass Market, Revenues & Volume, By End-use, 2021 - 2031 |
13 Malaysia Fiberglass Market, 2021 - 2031 |
13.1 Malaysia Fiberglass Market, Revenues & Volume, By Application, 2021 - 2031 |
13.2 Malaysia Fiberglass Market, Revenues & Volume, By Type, 2021 - 2031 |
13.3 Malaysia Fiberglass Market, Revenues & Volume, By End-use, 2021 - 2031 |
14 Rest of Asia Fiberglass Market, 2021 - 2031 |
14.1 Rest of Asia Fiberglass Market, Revenues & Volume, By Application, 2021 - 2031 |
14.2 Rest of Asia Fiberglass Market, Revenues & Volume, By Type, 2021 - 2031 |
14.3 Rest of Asia Fiberglass Market, Revenues & Volume, By End-use, 2021 - 2031 |
11 Asia Pacific Fiberglass Market Key Performance Indicators |
12 Asia Pacific Fiberglass Market - Opportunity Assessment |
12.1 Asia Pacific Fiberglass Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Asia Pacific Fiberglass Market Opportunity Assessment, By Application, 2021 & 2031F |
12.3 Asia Pacific Fiberglass Market Opportunity Assessment, By Type, 2021 & 2031F |
12.4 Asia Pacific Fiberglass Market Opportunity Assessment, By End-use, 2021 & 2031F |
12.5 Asia Pacific Fiberglass Market Opportunity Assessment, By , 2021 & 2031F |
13 Asia Pacific Fiberglass Market - Competitive Landscape |
13.1 Asia Pacific Fiberglass Market Revenue Share, By Companies, 2024 |
13.2 Asia Pacific Fiberglass Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |