The Global Automotive Glass Fiber Reinforced Plastic (GFRP) Market was valued at US$ 6850.3 Million in 2023 and is projected to reach US$ 10830 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period. This robust growth is fueled by the global automotive industry’s relentless pursuit of vehicle lightweighting to meet stringent emissions regulations, enhance fuel efficiency, and improve performance characteristics in both internal combustion engine and electric vehicles.

As the automotive sector accelerates its transformation toward sustainability and electrification, the focus intensifies on advanced material suppliers who are enabling lighter, stronger, and more efficient vehicle designs. In this blog, we profile the Top 10 Companies in the Automotive Glass Fiber Reinforced Plastic Industry—a mix of chemical giants, specialty compounders, and material innovators shaping the future of automotive manufacturing.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Ultramid® (PA), Ultradur® (PBT), Acrodur® Binder Resins

BASF is a global leader in engineering plastics and high-performance materials for the automotive industry. Its portfolio of Glass Fiber Reinforced Thermoplastics, including polyamide and polybutylene terephthalate compounds, is extensively used for under-the-hood components, structural parts, and interior applications, offering an optimal balance of strength, thermal stability, and weight reduction.

Innovation Initiatives:

• Development of continuous fiber-reinforced thermoplastics (CFRTP) for structural applications

• Focus on bio-based and recyclable polyamide compounds

• Strategic partnerships with OEMs for integrated lightweight solutions

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9️⃣ 2. Lanxess AG

Headquarters: Cologne, Germany
Key Offering: Durethan® (PA), Pocan® (PBT)

Lanxess is a specialty chemicals company with a strong focus on high-tech plastics. Its Durethan® polyamide and Pocan® PBT compounds, reinforced with glass fibers, are critical for manufacturing durable, heat-resistant, and lightweight automotive components, from brake fluid reservoirs to battery housings for electric vehicles.

Innovation Initiatives:

• Expertise in materials for e-mobility, including flame-retardant grades for battery systems

• Investment in recycling technologies and sustainable product lines

Download FREE Sample Report: Automotive Glass Fiber Reinforced Plastic Market – View in Detailed Research Report

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8️⃣ 3. DSM Engineering Materials (now part of Covestro)

Headquarters: Geleen, Netherlands (Global Operations)
Key Offering: Akulon® (PA), Arnite® (PBT/PET), Stanyl® (PA46)

Following its acquisition by Covestro, DSM’s engineering materials portfolio has become a cornerstone for automotive lightweighting. The company’s high-performance GFRP materials are known for their exceptional mechanical properties, chemical resistance, and suitability for complex, high-temperature applications in powertrains and electric vehicle systems.

Innovation Initiatives:

• Pioneering bio-based and circular alternatives like EcoPaXX®

• Advanced solutions for battery electric vehicle (BEV) platforms

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7️⃣ 4. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: LNP™ compounds, ULTEM™ resins, VALOX™ (PBT)

SABIC’s portfolio of glass fiber reinforced thermoplastics caters to a wide array of automotive needs. Its materials are selected for applications requiring high stiffness, dimensional stability, and resistance to harsh environments, including connectors, sensors, and exterior body panels.

Innovation Initiatives:

• Launch of certified renewable and recycled-content thermoplastic compounds

• Focus on material solutions that enable large-part integration and design freedom

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6️⃣ 5. Solvay SA

Headquarters: Brussels, Belgium
Key Offering: Technyl® (PA), Ixef® (PAR), Amodel® (PPA)

Solvay is a key innovator in high-performance polymers for demanding automotive applications. Its Technyl® brand of glass fiber reinforced polyamides is an industry standard for under-the-hood components, while its broader portfolio supports the shift towards electrification with materials capable of withstanding higher voltages and temperatures.

Innovation Initiatives:

• Development of advanced polyphthalamide (PPA) grades for electric vehicle powertrains

• Strong commitment to circular economy through its Solvay One Planet sustainability roadmap

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5️⃣ 6. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Zytel® (PA), Crastin® (PBT), Rynite® (PET)

DuPont offers a comprehensive range of engineering plastics reinforced with glass fibers, serving critical automotive functions. Its materials are engineered for durability, heat resistance, and chemical compatibility, making them ideal for components like intake manifolds, cooling systems, and electrical parts.

Innovation Initiatives:

• Expansion of offerings for thermal management and electrification

• Investment in technologies to enhance recycling and reuse of engineering polymers

Download FREE Sample Report: Automotive Glass Fiber Reinforced Plastic Market – View in Detailed Research Report

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4️⃣ 7. Celanese Corporation

Headquarters: Irving, Texas, USA
Key Offering: Celanex® (PBT), Celstran® LFRT, Vectra® (LCP)

Celanese is a leading global producer of engineered materials, including a wide array of glass fiber reinforced thermoplastics. Its products are valued for their performance in harsh environments and are used in everything from ignition components and transmission parts to advanced driver-assistance systems (ADAS) sensors.

Innovation Initiatives:

• Leadership in long fiber reinforced thermoplastics (LFRT) for enhanced strength and impact resistance

• Development of specialty compounds for high-frequency electrical applications in vehicles

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3️⃣ 8. RTP Company

Headquarters: Winona, Minnesota, USA
Key Offering: Custom Engineered Thermoplastic Compounds

RTP Company specializes in custom-compounded thermoplastic composites, including a vast selection of glass fiber reinforced grades. As a specialist compounder, it works closely with automotive Tier suppliers and OEMs to develop tailored material solutions that meet specific performance, processing, and cost requirements.

Innovation Initiatives:

• Expertise in custom color matching and additive integration (e.g., conductive, wear-resistant)

• Flexible, small-to-large batch production capabilities for prototyping and mass production

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2️⃣ 9. Sumitomo Bakelite Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Phenolic Resins, Epoxy Molding Compounds, High-Performance Plastics

Sumitomo Bakelite is a major player in thermosetting GFRP materials, particularly phenolic resins and epoxy compounds. These materials are essential for producing high-heat and high-strength components like brake pistons, solenoid bobbins, and semiconductor encapsulants used in automotive electronics.

Innovation Initiatives:

• Development of advanced composites for next-generation power electronics in EVs

• Focus on materials with excellent flame retardancy and tracking resistance

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1️⃣ 10. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: VESTAMID® (PA12), TROGAMID® (PXA), ROHACELL® Foam

Evonik is a global leader in specialty chemicals, with a strong position in high-performance polymers. Its polyamide 12 and other specialty grades, often reinforced with glass fibers, are used in demanding automotive applications such as fuel lines, brake hoses, and lightweight structural components, prized for their flexibility, chemical resistance, and durability.

Innovation Initiatives:

• Pioneering sustainable PA12 grades based on bio-circular raw materials

• Innovations in material solutions for fluid handling and thermal management in EVs

Get Full Report Here: Automotive Glass Fiber Reinforced Plastic Market – View in Detailed Research Report

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🚀 Outlook: The Future of Automotive GFRP Is Smarter and More Sustainable

The automotive GFRP market is undergoing a significant evolution. While traditional weight-saving applications remain critical, the industry is increasingly investing in multi-functional materials, advanced compounding technologies, and sustainable life cycles to support the automotive industry’s electrification and digitalization goals.

📈 Key Trends Shaping the Market:

• Rising demand for Long Fiber Reinforced Thermoplastics (LFRT) for semi-structural components

• Accelerated adoption of GFRP in Battery Electric Vehicle (BEV) platforms for battery enclosures and structural parts

• Integration of smart functionalities like electrical conductivity and sensor integration directly into composites

• Strong regulatory and consumer push for bio-based, recycled-content, and readily recyclable material solutions

Get Full Report Here: Automotive Glass Fiber Reinforced Plastic Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials—they are enabling the next generation of lighter, cleaner, and smarter vehicles.