Fiberglass Fabric Market size was valued at USD 14.87 billion in 2024 and is set to exceed USD 32.5 billion by 2037, expanding at over 6.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of fiberglass fabric is evaluated at USD 15.61 billion.. The reason behind the growth is impelled by the growing spending textile sector across the globe. According to projections, the global textile industry will expand by around 5% between 2024 and 2028, generating revenue of over USD 210 billion in 2028.
In addition to these, the growing technological advancements in the production procedure are believed to fuel the fiberglass fabric market growth. New products are being developed as a result of technological developments in the fiberglass production process the aim of which is to simplify different processes and products while giving them multiple applications.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
6.2% |
Base Year Market Size (2024) |
USD 14.87 billion |
Forecast Year Market Size (2037) |
USD 32.5 billion |
Regional Scope |
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Fabric Type (Woven, Non-Woven)
The woven segment in the fiberglass fabric market is slated to gain the largest revenue share of about 60% in the year 2037. The segment growth can be credited to because of its growing popularity and advantages over non-woven fabric. For example, woven materials are more dependable and durable than non-woven fabrics, yet they are also lighter. Weaved fabrics are more environmentally friendly because throughout the production process, they release more oxygen into the atmosphere.
Additionally, woven fabrics require less maintenance, withstand moisture and weather better, and maintain their durability in hazardous environments. Furthermore, woven fabrics are more reasonably priced and accessible than non-woven ones. The International Textile Manufacturers Federation estimates that in 2021, the global cost of woven fabrics would make up 19% of all fabric production expenses.
Furthermore, the Turkish woven fabrics market was estimated to be worth USD1.3 billion in 2021, a 26.1% rise from 2020. Because of the aforementioned advantages over other fabric types, woven fabrics are in high demand, which is anticipated to fuel fiberglass fabric market expansion over the course of the projected period.
Application (Wind Energy, Transportation, Electrical and Electronics, Marine, Construction, Aerospace and Defense)
The construction segment in the fiberglass fabric market is set to garner a notable share during the forecast timeline propelled by the rise in building activity that is occurring worldwide. The construction landscape uses fiberglass fabric for A-glass, C-glass, E-glass, S-glass, and other types of glass mainly to shield reinforced concrete columns from corrosion and to support their restoration.
They are also employed as a fire prevention medium, wall covering, decorating, and remodeling of walls and ceilings. Because of its exceptional flexural moment capacity, high strength, and corrosion resistance, fiberglass fabric is predicted to become more and more in demand as the global construction industry continues to grow. During the projection period, this is predicted to increase the size of the fiberglass fabric market.
Our in-depth analysis of the market includes the following segments:
Application |
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Fiber Type |
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Fabric Type |
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North America Market Statistics
Fiberglass Fabric market in the North America, amongst the market in all the other regions, is anticipated to hold the largest with a share of about 40% by the end of 2037. The market’s expansion in the region is also expected on account of growing usage of wind energy. The main renewable energy source in the US is wind, a homegrown resource that supports the country's economic expansion.
The amount of wind energy used in the US to produce electricity climbed to over 380 billion kWh in 2021, according to the US Department of Energy. In 2022, wind turbines accounted for around 10.2% of the electricity generated at the utility-scale in the United States.
APAC Market Analysis
The APAC region will also encounter huge growth for the fiberglass fabric market till 2037 and will hold the second position owing to the increasing manufacturing of printed circuit boards in this region. The largest manufacturer of printed circuit boards in the world is China since the country supports its PCB sector as part of its Made in China 2025 goal, allocating subsidies to important industries such as electrical transmission and medical equipment.
Moreover, India's building sector is a major force behind the nation's economic growth fueled by the country's increased infrastructure spending, growing need for urban homes, and the rise in commercial development projects. All these factors are expected to fuel the demand for fiberglass fabric market in the region.
Author Credits: Rajrani Baghel
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