PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1778356
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1778356
Global Fiberglass Roving Market Size Study & Forecast, by Roving Type, Application, Manufacturing Process, Formulation, End User Industry, and Regional Forecasts 2025-2035
The Global Fiberglass Roving Market is valued at approximately USD 5.79 billion in 2024 and is projected to experience a steady expansion, registering a compound annual growth rate (CAGR) of over 3.20% during the forecast period of 2025 to 2035. Fiberglass roving, composed of a bundle of continuous glass filaments, serves as a pivotal reinforcement material in composite applications across various industries. The roving not only delivers superior tensile strength and corrosion resistance but also exhibits excellent dielectric properties, making it indispensable for use in high-performance environments. As the global push toward lightweight, durable, and sustainable materials gains traction, fiberglass roving is increasingly finding favor in end-use industries such as aerospace, construction, wind energy, and automotive. The rising demand for energy-efficient transportation and renewable energy infrastructures further propels the market forward.
As industries realign to meet sustainability benchmarks and regulatory expectations, the fiberglass roving market is witnessing a marked uptick in innovation and investment. The increased adoption of advanced composites in structural frameworks, automotive parts, and electrical housings has made roving a key component in the next generation of manufacturing processes. According to recent trends, continuous roving is increasingly being preferred due to its uniformity and ease of handling in processes like pultrusion and filament winding. The advent of high-performance variants such as S-glass and basalt roving, alongside the growing preference for direct roving in complex manufacturing cycles, has unlocked lucrative opportunities for manufacturers to differentiate and scale. Furthermore, the construction industry's rapid modernization in both emerging and developed economies has significantly boosted the consumption of chopped strand and E-glass rovings.
Geographically, the market paints a dynamic picture. North America remains a frontrunner due to its advanced manufacturing base, strong demand from the aerospace and defense sectors, and increasing utilization in wind turbine blade production. Europe, bolstered by stringent emission norms and robust automotive innovation, continues to adopt fiberglass rovings in lightweight vehicle structures and high-performance applications. Meanwhile, the Asia Pacific region is poised to witness the fastest growth, primarily driven by massive infrastructure development, rapid urbanization, and the booming automotive and electronics sectors in nations like China, India, and South Korea. The region's focus on renewable energy and the emergence of smart construction practices have significantly accelerated the demand for cost-efficient and durable composite solutions like fiberglass roving.
Major market players included in this report are:
- Owens Corning
- Jushi Group Co., Ltd.
- Chongqing Polycomp International Corporation (CPIC)
- PPG Industries, Inc.
- Johns Manville
- Nippon Electric Glass Co., Ltd.
- Taishan Fiberglass Inc.
- Saint-Gobain Vetrotex
- AGY Holding Corp.
- Binani 3B - The Fibreglass Company
- NEG-Fiberglass (NEG)
- Nittobo Co., Ltd.
- Sichuan Weibo New Material Group Co., Ltd.
- Taiwan Glass Ind. Corp.
- Yuntianhua Glass Fiber Co., Ltd.
Global Fiberglass Roving Market Report Scope:
- Historical Data - 2023, 2024
- Base Year for Estimation - 2024
- Forecast period - 2025-2035
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Roving Type:
- E-Glass Roving
- S-Glass Roving
- C-Glass Roving
- Basalt Roving
By Application:
- Aerospace
- Automotive
- Construction
- Marine
- Electronics
Table of Contents
Chapter 1. Global Fiberglass Roving Market Report Scope & Methodology
- 1.1. Research Objective
- 1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
- 1.3. Research Attributes
- 1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
- 1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
- 2.1. CEO/CXO Standpoint
- 2.2. Strategic Insights
- 2.3. ESG Analysis
- 2.4. Key Findings
Chapter 3. Global Fiberglass Roving Market Forces Analysis
- 3.1. Market Forces Shaping The Global Fiberglass Roving Market (2024-2035)
- 3.2. Drivers
- 3.2.1. Rising demand for lightweight, high-strength composite materials across end-use industries
- 3.2.2. Growing adoption of renewable energy infrastructure, especially wind energy
- 3.3. Restraints
- 3.3.1. High initial manufacturing and processing cost of fiberglass composites
- 3.3.2. Environmental concerns and regulatory compliance during production
- 3.4. Opportunities
- 3.4.1. Technological advancements in high-performance roving variants like S-glass and basalt roving
- 3.4.2. Emerging demand from Asia-Pacific due to industrialization and smart construction growth
Chapter 4. Global Fiberglass Roving Industry Analysis
- 4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Forecast Model (2024-2035)
- 4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top Investment Opportunities
- 4.5. Top Winning Strategies (2025)
- 4.6. Market Share Analysis (2024-2025)
- 4.7. Global Pricing Analysis and Trends 2025
- 4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Fiberglass Roving Market Size & Forecasts by Roving Type 2025-2035
- 5.1. Market Overview
- 5.2. Global Fiberglass Roving Market Performance - Potential Analysis (2025)
- 5.3. E-Glass Roving
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market Size Analysis, by Region, 2025-2035
- 5.4. S-Glass Roving
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market Size Analysis, by Region, 2025-2035
- 5.5. C-Glass Roving
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market Size Analysis, by Region, 2025-2035
- 5.6. Basalt Roving
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.6.2. Market Size Analysis, by Region, 2025-2035
Chapter 6. Global Fiberglass Roving Market Size & Forecasts by Application 2025-2035
- 6.1. Market Overview
- 6.2. Aerospace
- 6.3. Automotive
- 6.4. Construction
- 6.5. Marine
- 6.6. Electronics
Chapter 7. Global Fiberglass Roving Market Size & Forecasts by Manufacturing Process 2025-2035
- 7.1. Pultrusion
- 7.2. Filament Winding
- 7.3. Compression Molding
- 7.4. Layup Process
Chapter 8. Global Fiberglass Roving Market Size & Forecasts by Formulation 2025-2035
- 8.1. Chopped Strand Roving
- 8.2. Continuous Roving
- 8.3. Direct Roving
Chapter 9. Global Fiberglass Roving Market Size & Forecasts by End User Industry 2025-2035
- 9.1. Construction
- 9.2. Transportation
- 9.3. Wind Energy
- 9.4. Electrical and Electronics
- 9.5. Consumer Goods
Chapter 10. Global Fiberglass Roving Market Size & Forecasts by Region 2025-2035
- 10.1. Global Market, Regional Snapshot
- 10.2. Top Leading & Emerging Countries
- 10.3. North America Fiberglass Roving Market
- 10.3.1. U.S.
- 10.3.2. Canada
- 10.4. Europe Fiberglass Roving Market
- 10.4.1. UK
- 10.4.2. Germany
- 10.4.3. France
- 10.4.4. Spain
- 10.4.5. Italy
- 10.4.6. Rest of Europe
- 10.5. Asia Pacific Fiberglass Roving Market
- 10.5.1. China
- 10.5.2. India
- 10.5.3. Japan
- 10.5.4. Australia
- 10.5.5. South Korea
- 10.5.6. Rest of Asia Pacific
- 10.6. Latin America Fiberglass Roving Market
- 10.6.1. Brazil
- 10.6.2. Mexico
- 10.7. Middle East & Africa Fiberglass Roving Market
- 10.7.1. UAE
- 10.7.2. Saudi Arabia
- 10.7.3. South Africa
- 10.7.4. Rest of Middle East & Africa
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Owens Corning
- 11.2.1. Company Overview
- 11.2.2. Key Executives
- 11.2.3. Company Snapshot
- 11.2.4. Financial Performance (Subject to Data Availability)
- 11.2.5. Product/Services Portfolio
- 11.2.6. Recent Development
- 11.2.7. Market Strategies
- 11.2.8. SWOT Analysis
- 11.3. Johns Manville
- 11.4. PPG Industries, Inc.
- 11.5. Jushi Group Co., Ltd.
- 11.6. Chongqing Polycomp International Corporation (CPIC)
- 11.7. Nippon Electric Glass Co., Ltd.
- 11.8. Taishan Fiberglass Inc.
- 11.9. Saint-Gobain Vetrotex
- 11.10. AGY Holding Corp.
- 11.11. NEG-Fiberglass (NEG)
- 11.12. Nittobo Co., Ltd.
- 11.13. Binani 3B - The Fibreglass Company
- 11.14. Sichuan Weibo New Material Group Co., Ltd.
- 11.15. Taiwan Glass Ind. Corp.
- 11.16. Yuntianhua Glass Fiber Co., Ltd.
