The Global Glass Fiber Reinforced Plastics (GFRP) Composites Market was valued at USD 23.39 Billion in 2023 and is projected to reach USD 30.79 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.10% during the forecast period (2024–2032). This expansion is driven by an escalating demand for lightweight, high-strength, and corrosion-resistant materials across automotive, construction, wind energy, and aerospace sectors, coupled with a global push for sustainable and energy-efficient manufacturing solutions.

As global industries pivot towards material solutions that enhance performance while reducing environmental impact, the foundational suppliers of glass fiber reinforcements and composite technologies are more critical than ever. This blog profiles the Top 10 Companies in the Glass Fiber Reinforced Plastics (GFRP) Composites Industry—a mix of global material giants and specialized innovators who are engineering the future of modern materials.

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🔟 1. Owens Corning

Headquarters: Toledo, Ohio, USA
Key Offering: Fiberglass reinforcements (roving, mats, fabrics), Composite Solutions

Owens Corning is a dominant global force in the GFRP composites market, recognized for its extensive portfolio of glass fiber reinforcements under well-known brands like Advantex® and OC Vetrotex. The company serves the building materials, transportation, and industrial markets, continuously innovating for better performance and sustainability.

Innovation & Sustainability Initiatives:

• Development of High-Modulus and High-Strength glass fibers for demanding applications
• Focus on reducing the carbon footprint of its glass fiber production processes
• Investments in circularity and recycled content within its composite solutions

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Glass Fiber Reinforced Plastics (GFRP) Composites Market – View in Detailed Research Report

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9️⃣ 2. Jushi Group Co., Ltd.

Headquarters: Tongxiang, Zhejiang, China
Key Offering: Fiberglass yarn, roving, chopped strand mat, woven fabrics

Jushi Group is one of the world’s largest manufacturers of fiberglass and a pivotal player in the global supply chain. With massive production capacity and a vertically integrated model from raw materials to finished products, it plays a key role in supplying both domestic Chinese growth and international markets.

Innovation & Sustainability Initiatives:

• Rapid capacity expansion in major markets including the United States and Egypt
• Focus on technological upgrades for energy efficiency in glass melting furnaces
• Expansion of product lines for specialized applications like wind energy and automotive

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8️⃣ 3. PPG Industries, Inc.

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Hybon® and StarRov® fiberglass reinforcements, Specialty Glass Fibers

Through its PPG Fiber Glass business, the company offers a comprehensive range of high-performance reinforcements. PPG is renowned for its focus on quality, consistency, and technical support, serving demanding industries such as aerospace, pressure vessels, and infrastructure.

Innovation & Sustainability Initiatives:

• Leading producer of single-end and direct draw roving for high-pressure composite processes
• Development of fiberglass products that enhance the mechanical properties of thermoplastic composites
• Commitment to operational efficiency and responsible manufacturing practices

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7️⃣ 4. China Jushi Co., Ltd. (CPIC)

Headquarters: Chongqing, China
Key Offering: Glass fiber roving, chopped strands, woven roving, multi-axial fabrics

As a publicly listed subsidiary of Jushi Group and one of China’s leading fiberglass producers, CPIC holds significant market influence. The company is a key supplier for the rapidly growing wind energy sector in China and globally, providing critical reinforcement materials for wind turbine blades.

Innovation & Sustainability Initiatives:

• Strategic investments in new production bases to capture regional demand
• Strong R&D focus on fibers for wind energy, automotive lightweighting, and 5G applications

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6️⃣ 5. Taishan Fiberglass Inc. (Sinoma)

Headquarters: Tai’an, Shandong, China
Key Offering: E-glass and specialty glass fibers, Textile yarns

A major subsidiary of the Sinoma Science & Technology group, Taishan Fiberglass is a top-tier Chinese manufacturer with a global footprint. The company is known for its reliable quality and competitive positioning, serving diverse markets from electronics to construction.

Innovation & Sustainability Initiatives:

• Continuous expansion of production capacity to maintain market leadership
• Development of fine yarns and fabrics for high-precision PCB and electronic applications

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Glass Fiber Reinforced Plastics (GFRP) Composites Market – View in Detailed Research Report

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5️⃣ 6. Nippon Electric Glass Co., Ltd. (NEG)

Headquarters: Otsu, Shiga, Japan
Key Offering: Glass fibers for reinforcements, Microglass fibers, Hollow glass fibers

Nippon Electric Glass (NEG) is a technology leader, known for its specialization in advanced and high-value glass fiber products. Beyond standard reinforcements, NEG excels in developing unique fibers for specialized applications, including ultra-thin fibers for electronics and high-strength types for automotive.

Innovation & Sustainability Initiatives:

• Pioneering development of low-dielectric glass fibers for next-generation high-frequency circuit boards
• Innovations in glass fiber compositions for enhanced thermal and mechanical performance

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4️⃣ 7. Johns Manville (Berkshire Hathaway Company)

Headquarters: Denver, Colorado, USA
Key Offering: Fiber glass reinforcements, Engineered nonwovens, Composite materials

A Berkshire Hathaway company, Johns Manville is a long-established and trusted manufacturer of building materials and engineered products. Its reinforcements division supplies critical materials for the marine, transportation, and corrosion-resistant pipe and tank markets, known for product consistency and durability.

Innovation & Sustainability Initiatives:

• Focus on product development for infrastructure and water management applications
• Strong emphasis on safety, health, and environmental stewardship across operations

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3️⃣ 8. Binani-3B (3B-the fibreglass company)

Headquarters: Battice, Belgium
Key Offering: HiPer-tex® high-performance roving, Direct rovings, Woven fabrics

Specializing in high-performance glass fiber reinforcements, Binani-3B is a key European player with a strong technological focus. The company is particularly noted for its HiPer-tex® and other advanced rovings designed for superior mechanical properties in demanding wind energy, transportation, and ballistic protection applications.

Innovation & Sustainability Initiatives:

• Leadership in developing glass fibers optimized for resin infusion and pultrusion processes
• Commitment to producing reinforcements that enable lighter, stronger composite structures, contributing to energy savings

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2️⃣ 9. Saint-Gobain Vetrotex

Headquarters: Chambéry, France
Key Offering: Roving, mats, fabrics under the VETROTEX brand, Specialty glass compositions

As part of the global materials giant Saint-Gobain, Vetrotex brings immense R&D capabilities and a deep understanding of materials science to the GFRP market. The company provides high-quality, application-engineered reinforcements for sectors ranging from construction and marine to industrial and consumer goods.

Innovation & Sustainability Initiatives:

• Integration within Saint-Gobain’s ecosystem drives innovation in sustainable construction and mobility solutions
• Focus on developing products that support circular economy principles, including recyclability of composite parts

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1️⃣ 10. Nitto Boseki Co., Ltd. (Nittobo)

Headquarters: Tokyo, Japan
Key Offering: Glass fiber textiles, Roving, Chopped strands, Glass fiber nonwovens

Nittobo is a significant Japanese manufacturer with expertise spanning from glass fiber reinforcements to advanced textile products. The company serves a broad spectrum of industries with a focus on quality, precision, and developing fibers for niche, high-tech applications, including electronics and filtration.

Innovation & Sustainability Initiatives:

• Development of ultra-fine glass fibers and nonwovens for high-efficiency air and liquid filtration
• Continuous improvement in manufacturing processes for higher efficiency and reduced environmental impact

Read Full Report:
Glass Fiber Reinforced Plastics (GFRP) Composites Market – View in Detailed Research Report

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🌍 Outlook: The Future of GFRP Composites is Smarter and More Sustainable

The GFRP composites market is undergoing a significant evolution. While traditional, cost-effective E-glass continues to dominate volume, the industry frontier is defined by advanced glass formulations, automated manufacturing, and enhanced sustainability profiles. The leading companies are at the heart of this transformation, enabling new levels of performance and environmental responsibility.

📈 Key Trends Shaping the Market:

• Accelerated demand from the wind energy sector, particularly for larger, more efficient turbine blades requiring advanced reinforcements.
• The automotive industry’s relentless push for lightweighting to meet EV range and emission standards drives adoption of high-performance glass composites.
• Growing investments in thermoplastic composites, creating demand for compatible glass fiber products.
• Increased focus on recycling technologies and developing glass fiber products with recycled content or designed for end-of-life recovery.
• Digitalization of the supply chain, from smart manufacturing of fibers to digital twins for composite part design and validation.

The companies profiled are not just material suppliers; they are enablers of innovation across the global industrial landscape. Their ongoing advancements in glass fiber technology are fundamental to building a lighter, stronger, and more sustainable future.

Read Full Report:
Glass Fiber Reinforced Plastics (GFRP) Composites Market – View in Detailed Research Report