Global Fiberglass Roving Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Glass Fiber Type;

E-Glass Fiber, ECR-Glass Fiber, H-Glass Fiber, AR-Glass, S-Glass Fiber, and Others.

By Product Type;

Single-End Roving, Multi-End Roving, and Chopped Roving.

By Process;

Pultrusion, Filament Winding, Compression Molding, and Layup Process.

By Application;

Aerospace, Automotive, Construction, Marine, and Electronics.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn144454127 Published Date: May, 2025 Updated Date: June, 2025

Fiberglass Roving Market Overview

Fiberglass Roving Market (USD Million)

Fiberglass Roving Market was valued at USD 8,936.26 million in the year 2024. The size of this market is expected to increase to USD 13,172.88 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.7%.


Global Fiberglass Roving Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.7 %
Market Size (2024)USD 8,936.26 Million
Market Size (2031)USD 13,172.88 Million
Market ConcentrationMedium
Report Pages361
8,936.26
2024
13,172.88
2031

Major Players

  • Owens Corning
  • Jushi Group Co., Ltd.
  • Chongqing Polycomp International Corporation
  • Johns Manville Corporation
  • Saint-Gobain S.A.
  • Nippon Electric Glass Co. Ltd.
  • Taishan Fiberglass, Inc.
  • AGY Holdings Corp.
  • China Beihai Fiberglass Co., Ltd.
  • Taiwan Glass Industry Corp.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Fiberglass Roving Market

Fragmented - Highly competitive market without dominant players


The Fiberglass Roving Market continues to expand due to its pivotal role in advanced composite solutions. Known for reinforcing structural integrity in multiple applications, fiberglass roving is utilized in over 40% of composite manufacturing processes. Its lightweight, high-strength characteristics offer significant advantages in product longevity and cost-effectiveness.

Increased Industrial Utilization
Industrial use of fiberglass roving has grown rapidly, with sectors such as construction and transportation integrating it in 35% of production lines. Its strong resistance to environmental degradation and high mechanical performance are reshaping material standards in infrastructure and vehicle design.

Progress in Manufacturing Techniques
Breakthroughs in multi-end and direct roving designs have enhanced mechanical output by 25% in critical applications. These innovations, combined with automation in molding, have accelerated production by reducing cycle times by 30%. The result is improved operational efficiency and increased adoption in demanding industrial environments.

Focus on Eco-Friendly Production
The push for sustainability is altering production landscapes, with 20% of suppliers now employing eco-compliant processes. Manufacturers are embracing recyclable composites and cleaner production practices, responding to both regulatory requirements and market demand for greener solutions.

Custom Solutions Gaining Traction
Customization remains a major differentiator, with 45% of buyers opting for specific formulations tailored to unique performance needs. Providers offering bespoke roving types and resin compatibility are witnessing stronger client retention and new market penetration, enabling them to stay ahead in a competitive space.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Glass Fiber Type
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Process
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Fiberglass Roving Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Lightweight Demand
        2. Durability Needs
        3. Renewable Energy Growth
        4. Automotive Advancements
      2. Restraints
        1. High Production Costs
        2. Raw Material Price Volatility
        3. Environmental Regulations
        4. Complex Manufacturing Processes
      3. Opportunities
        1. Technological Innovations
        2. Sustainable Materials
        3. New Composite Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitivw Rivalry
  5. Market Segmentation
    1. Fiberglass Roving Market, By Glass Fiber Type, 2021 - 2031 (USD Million)
      1. E-glass Fiber
      2. ECR-glass Fiber
      3. H-glass Fiber
      4. AR-glass
      5. S-glass Fiber
      6. Others
    2. Fiberglass Roving Market, By Product Type, 2021 - 2031 (USD Million)
      1. Single-End Roving
      2. Multi-End Roving
      3. Chopped Roving
    3. Fiberglass Roving Market, By Process, 2021 - 2031 (USD Million)
      1. Pultrusion
      2. Filament Winding
      3. Compression Molding
      4. Layup Process
    4. Fiberglass Roving Market, By Application, 2021 - 2031 (USD Million)
      1. Aerospace
      2. Automotive
      3. Construction
      4. Marine
      5. Electronics
    5. Fiberglass Roving Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Owens Corning
      2. Jushi Group Co., Ltd.
      3. Chongqing Polycomp International Corporation
      4. Johns Manville Corporation
      5. Saint-Gobain S.A.
      6. Nippon Electric Glass Co. Ltd.
      7. Taishan Fiberglass, Inc.
      8. AGY Holdings Corp.
      9. China Beihai Fiberglass Co., Ltd.
      10. Taiwan Glass Industry Corp.
  7. Analyst Views
  8. Future Outlook of the Market