The Global Automotive Glass Fiber Composites Market was valued at USD 9.9 billion in 2024 and is projected to reach USD 12.3 billion by 2030, growing at a CAGR of 4.3% during the forecast period. The market's growth is driven by the increasing demand for lightweight and fuel-efficient vehicles, with glass fiber composites offering excellent strength-to-weight ratios. As automotive manufacturers strive to meet fuel economy and emissions targets, these composites play a pivotal role in reducing vehicle weight and improving efficiency. The growing emphasis on sustainability and performance has encouraged the adoption of durable, recyclable materials. Additionally, the expanding electric vehicle (EV) market is fueling demand, as lighter materials directly contribute to improved range. Ongoing innovations, including the incorporation of nanomaterials, continue to enhance the mechanical properties and application range of glass fiber composites.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 9.9 Billion
Market Size 2030	USD 12.3 Billion
CAGR 2025-2030	4.3%
Fastest Growing Segment	Structural Assembly
Largest Market	Asia-Pacific

Key Market Drivers

Fuel Efficiency and Weight Reduction

The push to improve fuel efficiency and meet stringent emission regulations is a major driver in the automotive sector. Glass fiber composites are crucial in vehicle lightweighting strategies, as they enable manufacturers to reduce overall mass without compromising structural integrity. In both internal combustion engine vehicles and EVs, reducing weight leads to better fuel economy and extended battery range. As a result, glass fiber composites are increasingly being used in structural, interior, and exterior vehicle components.

Key Market Challenges

High Manufacturing Costs

Despite their benefits, the high cost of producing glass fiber composites remains a key hurdle. The materials themselves, along with the sophisticated processes required for molding and fabrication, result in elevated upfront expenses. Tooling costs, specialized equipment, and the technical expertise needed for manufacturing add to the financial burden, limiting broader adoption, particularly among small and mid-size automakers or in cost-sensitive markets. While lifecycle benefits exist, initial investments can deter mass-market integration.

Key Market Trends

Development of Nanostructured Composites

Nanotechnology is emerging as a transformative trend in the glass fiber composites segment. The integration of nanomaterials enhances strength, thermal stability, and impact resistance, while enabling further reductions in component weight. These nanostructured composites offer better performance in demanding automotive applications. As research and development intensifies, the commercialization of these advanced materials is expected to expand, paving the way for next-generation automotive designs focused on safety, efficiency, and durability.

Key Market Players

Arrow Gear LLC
Huntsman Corporation
Gurit Services AG
Veplas Group
Solvay Group
SGL Carbon
Hexcel Corporation
Mitsubishi Chemical Group Corporation
TEIJIN LIMITED.
TORAY INDUSTRIES, INC.

Report Scope

In this report, the global Automotive Glass Fiber Composites Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Automotive Glass Fiber Composites Market, By Type:

Short Fiber Thermoplastic (SFT)
Long Fiber Thermoplastic (LFT)
Continuous Fiber Thermoplastic (CFT)
Other Intermediate Types

Automotive Glass Fiber Composites Market, By Application:

Interiors
Exteriors
Structural Assembly
Power-train Components
Others

Automotive Glass Fiber Composites Market, By Region:

North America
United States
Canada
Mexico
Europe & CIS
Germany
France
U.K.
Spain
Italy
Asia-Pacific
China
Japan
Australia
India
South Korea
Middle East & Africa
South Africa
Saudi Arabia
UAE
Turkey
South America
Brazil
Argentina

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global Automotive Glass Fiber Composites Market.

Available Customizations

Global Automotive Glass Fiber Composites Market report with the given market data, TechSci Research offers customizations according to the company's specific needs. The following customization options are available for the report:

1. Introduction

1.1. Research Tenure Considered
1.2. Market Definition
1.3. Scope of the Market
1.4. Markets Covered
1.5. Years Considered for Study
1.6. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Regions/Countries

4. Global Automotive Glass Fiber Composites Market Outlook

4.1. Market Size & Forecast
- 4.1.1. By Value
4.2. Market Share & Forecast
- 4.2.1. By Type Market Share Analysis (Short Fiber Thermoplastic (SFT), Long Fiber Thermoplastic (LFT), Continuous Fiber Thermoplastic (CFT), and Other Intermediate Types)
- 4.2.2. By Application Market Share Analysis (Interior, Exterior, Structural Assembly, Power-Train Components, and Other Applications)
- 4.2.3. By Regional Market Share Analysis
- 4.2.4. By Top 5 Companies Market Share Analysis, Others (2023)
4.3. Automotive Glass Fiber Composites Market Mapping & Opportunity Assessment

5. North America Automotive Glass Fiber Composites Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type Market Share Analysis
- 5.2.2. By Application Market Share Analysis
- 5.2.3. By Country Market Share Analysis
  - 5.2.3.1. United States Automotive Glass Fiber Composites Market Outlook
    - 5.2.3.1.1. Market Size & Forecast
    - 5.2.3.1.1.1. By Value
    - 5.2.3.1.2. Market Share & Forecast
    - 5.2.3.1.2.1. By Type Market Share Analysis
    - 5.2.3.1.2.2. By Application Market Share Analysis
  - 5.2.3.2. Canada Automotive Glass Fiber Composites Market Outlook
    - 5.2.3.2.1. Market Size & Forecast
    - 5.2.3.2.1.1. By Value
    - 5.2.3.2.2. Market Share & Forecast
    - 5.2.3.2.2.1. By Type Market Share Analysis
    - 5.2.3.2.2.2. By Application Market Share Analysis
  - 5.2.3.3. Mexico Automotive Glass Fiber Composites Market Outlook
    - 5.2.3.3.1. Market Size & Forecast
    - 5.2.3.3.1.1. By Value
    - 5.2.3.3.2. Market Share & Forecast
    - 5.2.3.3.2.1. By Type Market Share Analysis
    - 5.2.3.3.2.2. By Application Market Share Analysis

6. Europe & CIS Automotive Glass Fiber Composites Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type Market Share Analysis
- 6.2.2. By Application Market Share Analysis
- 6.2.3. By Country Market Share Analysis
  - 6.2.3.1. France Automotive Glass Fiber Composites Market Outlook
    - 6.2.3.1.1. Market Size & Forecast
    - 6.2.3.1.1.1. By Value
    - 6.2.3.1.2. Market Share & Forecast
    - 6.2.3.1.2.1. By Type Market Share Analysis
    - 6.2.3.1.2.2. By Application Market Share Analysis
  - 6.2.3.2. Germany Automotive Glass Fiber Composites Market Outlook
    - 6.2.3.2.1. Market Size & Forecast
    - 6.2.3.2.1.1. By Value
    - 6.2.3.2.2. Market Share & Forecast
    - 6.2.3.2.2.1. By Type Market Share Analysis
    - 6.2.3.2.2.2. By Application Market Share Analysis
  - 6.2.3.3. United Kingdom Automotive Glass Fiber Composites Market Outlook
    - 6.2.3.3.1. Market Size & Forecast
    - 6.2.3.3.1.1. By Value
    - 6.2.3.3.2. Market Share & Forecast
    - 6.2.3.3.2.1. By Type Market Share Analysis
    - 6.2.3.3.2.2. By Application Market Share Analysis
  - 6.2.3.4. Italy Automotive Glass Fiber Composites Market Outlook
    - 6.2.3.4.1. Market Size & Forecast
    - 6.2.3.4.1.1. By Value
    - 6.2.3.4.2. Market Share & Forecast
    - 6.2.3.4.2.1. By Type Market Share Analysis
    - 6.2.3.4.2.2. By Application Market Share Analysis
  - 6.2.3.5. Spain Automotive Glass Fiber Composites Market Outlook
    - 6.2.3.5.1. Market Size & Forecast
    - 6.2.3.5.1.1. By Value
    - 6.2.3.5.2. Market Share & Forecast
    - 6.2.3.5.2.1. By Type Market Share Analysis
    - 6.2.3.5.2.2. By Application Market Share Analysis

7. Asia-Pacific Automotive Glass Fiber Composites Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type Market Share Analysis
- 7.2.2. By Application Market Share Analysis
- 7.2.3. By Country Share Analysis
  - 7.2.3.1. China Automotive Glass Fiber Composites Market Outlook
    - 7.2.3.1.1. Market Size & Forecast
    - 7.2.3.1.1.1. By Value
    - 7.2.3.1.2. Market Share & Forecast
    - 7.2.3.1.2.1. By Type Market Share Analysis
    - 7.2.3.1.2.2. By Application Market Share Analysis
  - 7.2.3.2. Japan Automotive Glass Fiber Composites Market Outlook
    - 7.2.3.2.1. Market Size & Forecast
    - 7.2.3.2.1.1. By Value
    - 7.2.3.2.2. Market Share & Forecast
    - 7.2.3.2.2.1. By Type Market Share Analysis
    - 7.2.3.2.2.2. By Application Market Share Analysis
  - 7.2.3.3. Australia Automotive Glass Fiber Composites Market Outlook
    - 7.2.3.3.1. Market Size & Forecast
    - 7.2.3.3.1.1. By Value
    - 7.2.3.3.2. Market Share & Forecast
    - 7.2.3.3.2.1. By Type Market Share Analysis
    - 7.2.3.3.2.2. By Application Market Share Analysis
  - 7.2.3.4. India Automotive Glass Fiber Composites Market Outlook
    - 7.2.3.4.1. Market Size & Forecast
    - 7.2.3.4.1.1. By Value
    - 7.2.3.4.2. Market Share & Forecast
    - 7.2.3.4.2.1. By Type Market Share Analysis
    - 7.2.3.4.2.2. By Application Market Share Analysis
  - 7.2.3.5. South Korea Automotive Glass Fiber Composites Market Outlook
    - 7.2.3.5.1. Market Size & Forecast
    - 7.2.3.5.1.1. By Value
    - 7.2.3.5.2. Market Share & Forecast
    - 7.2.3.5.2.1. By Type Market Share Analysis
    - 7.2.3.5.2.2. By Application Market Share Analysis

8. Middle East & Africa Automotive Glass Fiber Composites Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type Market Share Analysis
- 8.2.2. By Application Market Share Analysis
- 8.2.3. By Country Market Share Analysis
  - 8.2.3.1. South Africa Automotive Glass Fiber Composites Market Outlook
    - 8.2.3.1.1. Market Size & Forecast
    - 9.2.4.1.1.1. By Value
    - 8.2.3.1.2. Market Share & Forecast
    - 8.2.3.1.2.1. By Type Market Share Analysis
    - 8.2.3.1.2.2. By Application Market Share Analysis
  - 8.2.3.2. Saudi Arabia Automotive Glass Fiber Composites Market Outlook
    - 8.2.3.2.1. Market Size & Forecast
    - 8.2.3.2.1.1. By Value
    - 8.2.3.2.2. Market Share & Forecast
    - 8.2.3.2.2.1. By Type Market Share Analysis
    - 8.2.3.2.2.2. By Application Market Share Analysis
  - 8.2.3.3. UAE Automotive Glass Fiber Composites Market Outlook
    - 8.2.3.3.1. Market Size & Forecast
    - 8.2.3.3.1.1. By Value
    - 8.2.3.3.2. Market Share & Forecast
    - 8.2.3.3.2.1. By Type Market Share Analysis
    - 8.2.3.3.2.2. By Application Market Share Analysis
  - 8.2.3.4. Turkey Automotive Glass Fiber Composites Market Outlook
    - 8.2.3.4.1. Market Size & Forecast
    - 8.2.3.4.1.1. By Value
    - 8.2.3.4.2. Market Share & Forecast
    - 8.2.3.4.2.1. By Type Market Share Analysis
    - 8.2.3.4.2.2. By Application Market Share Analysis

9. South America Automotive Glass Fiber Composites Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type Market Share Analysis
- 9.2.2. By Application Market Share Analysis
- 9.2.3. By Country Market Share Analysis
  - 9.2.3.1. Brazil Automotive Glass Fiber Composites Market Outlook
    - 9.2.3.1.1. Market Size & Forecast
    - 9.2.3.1.1.1. By Value
    - 9.2.3.1.2. Market Share & Forecast
    - 9.2.3.1.2.1. By Type Market Share Analysis
    - 9.2.3.1.2.2. By Application Market Share Analysis
  - 9.2.3.2. Argentina Automotive Glass Fiber Composites Market Outlook
    - 9.2.3.2.1. Market Size & Forecast
    - 9.2.3.2.1.1. By Value
    - 9.2.3.2.2. Market Share & Forecast
    - 9.2.3.2.2.1. By Type Market Share Analysis
    - 9.2.3.2.2.2. By Application Market Share Analysis

10. Market Dynamics

10.1. Drivers
10.2. Challenges

11. Market Trends & Developments

12. Porters Five Forces Analysis

13. Competitive Landscape

14. Company Profiles

14.1. Arrow Gear LLC
- 14.1.1. Company Details
- 14.1.2. Products
- 14.1.3. Financials (As Per Availability)
- 14.1.4. Key Market Focus & Geographical Presence
- 14.1.5. Recent Developments
- 14.1.6. Key Management Personnel
14.2. Huntsman Corporation
- 14.2.1. Company Details
- 14.2.2. Products
- 14.2.3. Financials (As Per Availability)
- 14.2.4. Key Market Focus & Geographical Presence
- 14.2.5. Recent Developments
- 14.2.6. Key Management Personnel
14.3. Gurit Services AG
- 14.3.1. Company Details
- 14.3.2. Products
- 14.3.3. Financials (As Per Availability)
- 14.3.4. Key Market Focus & Geographical Presence
- 14.3.5. Recent Developments
- 14.3.6. Key Management Personnel
14.4. Veplas Group
- 14.4.1. Company Details
- 14.4.2. Products
- 14.4.3. Financials (As Per Availability)
- 14.4.4. Key Market Focus & Geographical Presence
- 14.4.5. Recent Developments
- 14.4.6. Key Management Personnel
14.5. Solvay Group
- 14.5.1. Company Details
- 14.5.2. Products
- 14.5.3. Financials (As Per Availability)
- 14.5.4. Key Market Focus & Geographical Presence
- 14.5.5. Recent Developments
- 14.5.6. Key Management Personnel
14.6. SGL Carbon
- 14.6.1. Company Details
- 14.6.2. Products
- 14.6.3. Financials (As Per Availability)
- 14.6.4. Key Market Focus & Geographical Presence
- 14.6.5. Recent Developments
- 14.6.6. Key Management Personnel
14.7. Hexcel Corporation
- 14.7.1. Company Details
- 14.7.2. Products
- 14.7.3. Financials (As Per Availability)
- 14.7.4. Key Market Focus & Geographical Presence
- 14.7.5. Recent Developments
- 14.7.6. Key Management Personnel
14.8. Mitsubishi Chemical Group Corporation
- 14.8.1. Company Details
- 14.8.2. Products
- 14.8.3. Financials (As Per Availability)
- 14.8.4. Key Market Focus & Geographical Presence
- 14.8.5. Recent Developments
- 14.8.6. Key Management Personnel
14.9. TEIJIN LIMITED.
- 14.9.1. Company Details
- 14.9.2. Products
- 14.9.3. Financials (As Per Availability)
- 14.9.4. Key Market Focus & Geographical Presence
- 14.9.5. Recent Developments
- 14.9.6. Key Management Personnel
14.10. TORAY INDUSTRIES, INC.
- 14.10.1. Company Details
- 14.10.2. Products
- 14.10.3. Financials (As Per Availability)
- 14.10.4. Key Market Focus & Geographical Presence
- 14.10.5. Recent Developments
- 14.10.6. Key Management Personnel