Top 10 Companies in the S-2 Glass Fiber Yarn Industry (2024): Market Leaders Reinforcing Global Innovation

In Business Insights
February 25, 2026


The Global S-2 Glass Fiber Yarn Market was valued at USD 1.2 Billion in 2023 and is projected to reach USD 1.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period (2024–2030). This robust expansion is propelled by escalating demand from the aerospace, defense, and wind energy sectors, alongside the increasing adoption of high-performance composite materials in industrial and electronics applications.

As industries worldwide pivot toward lightweight, durable, and high-strength materials, S-2 glass fiber yarn has emerged as a critical component. Distinguished by its superior tensile strength and thermal resistance compared to E-glass, it is the material of choice for mission-critical applications. In this blog, we profile the Top 10 Companies in the S-2 Glass Fiber Yarn Industry—a group of material science leaders and composite specialists driving innovation and setting new benchmarks for performance and reliability.


🔟 1. AGY Holdings Corp.

Headquarters: Aiken, South Carolina, USA
Key Offering: S-2 Glass® Yarns, Rovings, and Fiberglass Products

AGY is a globally recognized leader in the development and manufacturing of high-performance glass fibers, holding the trademark for S-2 Glass®. The company’s products are renowned for their exceptional strength, durability, and resistance to extreme environments, making them indispensable in aerospace, ballistics, and high-performance sports equipment.

Innovation and Market Leadership:

  • Pioneer and primary global producer of S-2 Glass® fiber

  • Strategic focus on next-generation aerospace and defense composites

  • Extensive R&D investments in fiber technology and sustainability

Download FREE Sample Report: Global S-2 Glass Fiber Yarn Market – View in Detailed Research Report


9️⃣ 2. Mitsubishi Chemical Carbon Fiber and Composites, Inc.

Headquarters: New York, New York, USA (Subsidiary of Mitsubishi Chemical Group, Japan)
Key Offering: S-2 Glass Yarns, Hybrid Composites, Advanced Materials

As part of the global Mitsubishi Chemical Group, this entity leverages immense resources to produce and distribute high-performance S-2 glass fiber yarns. The company integrates these yarns into sophisticated composite solutions for the automotive, aerospace, and industrial sectors, emphasizing lightweighting and structural efficiency.

Innovation and Market Leadership:

  • Global supply chain strength and technical support capabilities

  • Development of hybrid composites combining carbon and S-2 glass fibers

  • Strong focus on automotive and renewable energy applications


8️⃣ 3. Huatek New Material Co., Ltd.

Headquarters: Nanjing, Jiangsu, China
Key Offering: S-2 Glass Fiber Yarns, Rovings, Woven Fabrics

Huatek New Material is a key Chinese manufacturer specializing in advanced glass fiber products. The company has made significant strides in producing high-quality S-2 glass yarns, catering to the rapidly growing domestic and Asian markets for aerospace, military, and high-end industrial applications.

Innovation and Market Leadership:

  • Rapid scaling of production capacity to meet regional demand

  • Focus on cost-competitive high-performance materials

  • Strategic partnerships with domestic aerospace and defense contractors


7️⃣ 4. Hexcel Corporation

Headquarters: Stamford, Connecticut, USA
Key Offering: HiMax® and HexForce® Reinforcements (including S-2 Glass), Composite Materials

Hexcel is a premier advanced composites company, supplying a wide range of materials to the commercial aerospace, space, and defense industries. While renowned for its carbon fibers, Hexcel also offers high-performance S-2 glass reinforcements that are critical for applications requiring high impact resistance and damage tolerance.

Innovation and Market Leadership:

  • Leading supplier to major aerospace OEMs like Airbus and Boeing

  • Advanced product portfolio for primary and secondary aircraft structures

  • Continuous innovation in weaving and fabric technologies

Download FREE Sample Report: Global S-2 Glass Fiber Yarn Market – View in Detailed Research Report


6️⃣ 5. JPS Composite Materials

Headquarters: Anderson, South Carolina, USA
Key Offering: S-2 Glass Fiber, Composite Reinforcements, Industrial Fabrics

JPS Composite Materials is a significant North American producer of glass and carbon fiber reinforcements. The company manufactures a comprehensive line of S-2 glass yarns and fabrics that are used in demanding applications such as ballistic armor, marine vessels, and industrial equipment.

Innovation and Market Leadership:

  • Strong presence in the defense and ballistic protection markets

  • Expertise in custom weaving and fabric design

  • Commitment to stringent quality control for high-reliability applications


5️⃣ 6. Fiber Glast Developments Corp.

Headquarters: Brookville, Ohio, USA
Key Offering: S-2 Glass Fabrics, Yarns, Composite Supplies

Fiber Glast is a leading distributor and fabricator of composite materials, serving a broad customer base from hobbyists to industrial manufacturers. The company supplies high-quality S-2 glass fiber yarns and fabrics, providing essential materials for prototyping, repair, and low-volume production runs.

Innovation and Market Leadership:

  • Extensive online distribution network for composite materials

  • Focus on customer education and technical support

  • Supplies a wide range of fiberglass, carbon fiber, and aramid products


4️⃣ 7. China Beihai Fiberglass Co., Ltd.

Headquarters: Weifang, Shandong, China
Key Offering: S-2 Glass Rovings, Yarns, Chopped Strands

As one of China’s major fiberglass producers, China Beihai Fiberglass has developed capabilities in manufacturing S-2 glass products. The company plays a crucial role in supplying the domestic market, supporting China’s growing aerospace, wind energy, and infrastructure sectors with high-performance materials.

Innovation and Market Leadership:

  • Significant production scale and cost advantages

  • Alignment with Chinese national industrial and technological priorities

  • Expanding export footprint in Asia and other emerging markets


3️⃣ 8. Tianjin Binjin New Material Co., Ltd.

Headquarters: Tianjin, China
Key Offering: Specialty Glass Fiber Yarns, S-2 Glass Products

Tianjin Binjin New Material specializes in the research, development, and production of advanced glass fiber materials. The company’s S-2 glass yarns are engineered for superior mechanical properties, targeting high-value applications in electronics, telecommunications, and specialized industrial sectors.

Innovation and Market Leadership:

  • Focus on niche, high-margin specialty glass fiber segments

  • Strong R&D focus on material properties and application-specific solutions

  • Growing reputation as a reliable supplier for precision applications


2️⃣ 9. BGF Industries, Inc.

Headquarters: Greensboro, North Carolina, USA
Key Offering: Industrial Fabrics, S-2 Glass Woven Materials, Coated Fabrics

A subsidiary of the international multi-industrial company Standard Industries, BGF Industries is a leading manufacturer of engineered fabrics. The company produces high-performance woven materials using S-2 glass yarns for use in demanding environments such as high-temperature insulation, electrical laminates, and composite molding.

Innovation and Market Leadership:

  • Long history and expertise in industrial fabric weaving and coating

  • Integration into a global industrial conglomerate provides stability and reach

  • Diverse application base reduces dependence on any single market


1️⃣ 10. Owens Corning (Reinforcements Business)

Headquarters: Toledo, Ohio, USA
Key Offering: High-Performance Glass Fibers, Composite Solutions

While primarily known for its E-glass products and building materials, Owens Corning’s reinforcements business engages in the development of advanced glass fibers, including S-2 type formulations for specific high-performance applications. The company’s global scale and technical expertise make it a significant player in the composite materials landscape.

Innovation and Market Leadership:

  • World’s largest manufacturer of glass fiber reinforcements

  • Extensive R&D resources dedicated to material science

  • Strong focus on sustainability and lifecycle assessment of composite materials

Get Full Report Here: Global S-2 Glass Fiber Yarn Market – View in Detailed Research Report


🌍 Outlook: The Future of S-2 Glass Fiber Yarn Is Stronger and Smarter

The S-2 glass fiber yarn market is experiencing a significant transformation. While traditional applications in aerospace and defense continue to drive demand, new opportunities in renewable energy, electric vehicles, and advanced electronics are expanding the market’s horizons. The industry is investing in advanced manufacturing technologies, sustainable production processes, and customized fiber solutions to meet evolving customer needs.

📈 Key Trends Shaping the Market:

  • Rising demand for lightweight composite materials in the aerospace and automotive industries to improve fuel efficiency and reduce emissions.

  • Expansion of the wind energy sector, where S-2 glass is used in turbine blades for its excellent fatigue resistance.

  • Growth in ballistic protection applications for military, law enforcement, and civilian security.

  • Increasing adoption in high-performance sporting goods and marine industries for durability and strength.

Get Full Report Here: Global S-2 Glass Fiber Yarn Market – View in Detailed Research Report

The companies profiled above are not only supplying essential materials—they are enabling the next generation of technological innovation across a multitude of high-stakes industries.