PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1758803
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1758803
Global Glass Fiber Veils Market to Reach US$1.4 Billion by 2030
The global market for Glass Fiber Veils estimated at US$986.1 Million in the year 2024, is expected to reach US$1.4 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2024-2030. Wet Laid Process, one of the segments analyzed in the report, is expected to record a 7.5% CAGR and reach US$914.7 Million by the end of the analysis period. Growth in the Dry Laid Process segment is estimated at 4.0% CAGR over the analysis period.
The U.S. Market is Estimated at US$268.7 Million While China is Forecast to Grow at 9.9% CAGR
The Glass Fiber Veils market in the U.S. is estimated at US$268.7 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$292.4 Million by the year 2030 trailing a CAGR of 9.9% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.9% and 6.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.0% CAGR.
Why Are Glass Fiber Veils Gaining Popularity Across High-Performance Industries?
Glass fiber veils are increasingly being recognized as essential components in composite manufacturing due to their uniform texture, high tensile strength, and ability to improve surface finish and durability. Used extensively in automotive, construction, filtration, and electronics applications, these veils serve as surface layers that enhance the mechanical and aesthetic properties of fiber-reinforced composites. The growing emphasis on lightweight materials-particularly in the transportation and aerospace sectors-is contributing to a surge in demand for glass fiber veils. These materials are ideal for reducing weight without sacrificing performance, making them crucial in developing fuel-efficient vehicles and aircraft. Their excellent fire resistance, corrosion protection, and dimensional stability further make them a preferred material in infrastructure and utility industries.
What Technological Advancements Are Improving Manufacturing Efficiency and Product Quality?
Ongoing technological innovation is playing a critical role in refining the production of glass fiber veils. Manufacturers are increasingly employing advanced spinning techniques, binder chemistry optimization, and surface treatment processes to produce veils with better consistency and performance. The introduction of non-woven continuous filament technology allows for more uniform fiber distribution and increased porosity control, enabling tailored properties for specific applications. Additionally, eco-friendly binders and resin compatibility enhancements are improving recyclability and sustainability-an increasingly important factor in European and North American markets. These developments are making glass fiber veils more suitable for demanding environments, such as battery separators, circuit board laminates, and chemically aggressive settings, expanding their adoption.
How Are Regional Markets and End-Use Sectors Fueling Demand for Glass Fiber Veils?
Asia-Pacific currently leads the global glass fiber veil market, driven by the booming construction and automotive sectors in China, India, and Southeast Asia. These countries are heavily investing in infrastructure modernization, public transit systems, and clean energy projects that demand durable and lightweight materials. In North America and Europe, stringent environmental regulations and advanced R&D ecosystems are driving the adoption of veils in energy-efficient buildings, electric vehicles, and wind turbine components. Meanwhile, the Middle East and Latin America are emerging as high-potential regions, thanks to industrial diversification initiatives and investments in desalination, oil & gas, and civil engineering-all sectors where glass fiber veils provide long-term value. Across regions, filtration applications are also on the rise, driven by increasing concerns around air quality and water purification.
What Are the Key Drivers and Market Challenges Going Forward?
The growth in the glass fiber veils market is driven by a growing preference for composite materials, advancements in production processes, and the global push for sustainable infrastructure. End-users in automotive, marine, and aerospace sectors continue to seek high-performance materials that meet durability standards while reducing environmental impact and lifecycle costs. However, the market faces challenges, including fluctuations in raw material prices, the need for skilled manufacturing expertise, and limited awareness of veil benefits in some developing regions. In addition, the competitive landscape includes alternatives like carbon fiber veils and natural fiber mats, which may limit growth in cost-sensitive markets. Nevertheless, the trend toward high-performance, environmentally friendly composites strongly positions glass fiber veils for long-term global expansion.
SCOPE OF STUDY:
The report analyzes the Glass Fiber Veils market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Process Type (Wet Laid Process, Dry Laid Process); End-Use (Construction End-Use, Automotive End-Use, Wind End-Use, Electrical End-Use, Other End-Uses)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Select Competitors (Total 41 Featured) -
AI INTEGRATIONS
We're transforming market and competitive intelligence with validated expert content and AI tools.
Instead of following the general norm of querying LLMs and Industry-specific SLMs, we built repositories of content curated from domain experts worldwide including video transcripts, blogs, search engines research, and massive amounts of enterprise, product/service, and market data.
TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.