Top 10 Companies in the Southeast Asia GF and GFRP Composites Market (2024): Regional Leaders Driving Innovation and Sustainability

In Business Insights
April 15, 2026

The Southeast Asia GF and GFRP Composites Market was valued at USD 1,256.7 Million in 2023 and is projected to reach USD 2,189.4 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.3% during the forecast period (2024–2030). This growth is being driven by booming infrastructure development, rising demand for lightweight materials in automotive and transportation sectors, and increasing adoption of sustainable composites in building & construction and electronics across Thailand, Indonesia, Vietnam, and other key economies.

As the Southeast Asia manufacturing landscape evolves toward lightweight, durable, and eco-friendly materials, the focus sharpens on leading producers who are pioneering advanced glass fiber (GF) reinforcements and glass fiber reinforced polymer (GFRP) solutions. In this blog, we profile the Top 10 Companies in the Southeast Asia GF and GFRP Composites Industry—a mix of global giants with strong regional presence, local manufacturers, and innovative fabricators shaping the future of composites in construction, transportation, and beyond.


🔟 1. Binani-3B Fibreglass B.V.

Headquarters: Antwerp, Belgium (with major operations in Southeast Asia)
Key Offering: E-Glass Fiberglass Roving, Chopped Strand Mat, GFRP Rebar

Binani-3B Fibreglass stands out as a key supplier of high-performance glass fibers tailored for Southeast Asian markets, particularly in Indonesia and Thailand. The company excels in producing spray-up roving and woven roving fabrics used extensively in marine applications, wind turbine blades, and construction panels. With a robust distribution network, it supports local fabricators in meeting the surging demand for corrosion-resistant GFRP products, helping reduce weight in transportation while enhancing durability in humid climates.

Sustainability Initiatives:

  • Development of recycled glass fiber products to lower carbon footprint
  • Partnerships with ASEAN manufacturers for eco-friendly GFRP formulations
  • Commitment to ISO 14001 standards for environmental management

Download FREE Sample Report: Southeast Asia GF and GFRP Composites Market – View in Detailed Research Report


9️⃣ 2. Nippon Electric Glass Co., Ltd. (NEG)

Headquarters: Otsu, Japan (significant facilities in Southeast Asia)
Key Offering: Glass Fiber Yarns, Continuous Filament Mats, GFRP Sheets

NEG is a powerhouse in the region, supplying advanced glass fibers for electronics and automotive applications in Vietnam and Malaysia. Its products, including high-strength rovings and alkali-resistant fibers, are integral to PCB manufacturing and lightweight vehicle components. The company’s expansion in Southeast Asia underscores its role in supporting the electronics boom, where GF composites enable smaller, more efficient devices.

Sustainability Initiatives:

  • Investment in low-emission melting technologies for glass production
  • Collaboration with regional OEMs for recyclable GFRP automotive parts

8️⃣ 3. PPG Industries

Headquarters: Pittsburgh, Pennsylvania, USA (plants across Southeast Asia)
Key Offering: Wet Chopped Strands, Surface-Treated Glass Fibers, GFRP Panels

PPG Industries delivers specialized glass reinforcements optimized for thermoset resins, widely used in building & construction projects throughout the Philippines and Indonesia. From spray roving for boat hulls to milled fibers for concrete reinforcement, PPG’s offerings enhance strength-to-weight ratios, making them ideal for infrastructure like bridges and high-rises in seismic zones.

Sustainability Initiatives:

  • Targets for 50% recycled content in fiber production by 2030
  • Joint ventures in Malaysia for sustainable GFRP building materials

7️⃣ 4. China Jushi Co., Ltd.

Headquarters: Tongxiang, China (extensive supply chain in Southeast Asia)
Key Offering: E-Glass Direct Roving, Assembled Roving, GFRP Pipes

China Jushi dominates as the world’s largest glass fiber producer, with massive exports and partnerships fueling Southeast Asia’s GFRP market, especially in Thailand and Vietnam for pipe systems and tanks. Its high-volume production ensures cost-effective solutions for water management and chemical storage, critical amid rapid urbanization.

Sustainability Initiatives:

  • Expansion of energy-efficient furnaces reducing CO2 emissions by 20%
  • Large-scale GFRP recycling programs in regional hubs

Download FREE Sample Report: Southeast Asia GF and GFRP Composites Market – View in Detailed Research Report


6️⃣ 5. Saint-Gobain Vetrotex

Headquarters: Chambery, France (operations in Singapore and Malaysia)
Key Offering: 3D Glass Fabrics, Multiaxial Reinforcements, GFRP Profiles

Saint-Gobain Vetrotex provides innovative reinforcements for transportation and sport & leisure sectors in Singapore and Malaysia. Its advanced fabrics are used in electric vehicle battery enclosures and sporting goods, offering superior impact resistance and reduced weight for better performance.

Sustainability Initiatives:

  • Bio-based resin-compatible fibers for greener composites
  • Net-zero roadmap aligned with ASEAN green building standards

5️⃣ 6. Owens Corning

Headquarters: Toledo, Ohio, USA (key plants in Thailand and Indonesia)
Key Offering: Advantex Glass Fiber, Spray-Up Roving, GFRP Roofing

Owens Corning leads with boron-free Advantex glass fibers, powering construction and wind energy projects across Indonesia and Thailand. Renowned for durability in harsh environments, its GFRP solutions are staples in roofing, cladding, and turbine blades, supporting the region’s renewable energy push.

Sustainability Initiatives:

  • Production capacity for over 1 million tons of sustainable fibers annually
  • Target: 100% renewable energy in Asian facilities by 2026

4️⃣ 7. Chongqing Polycomp International Corp. (CPIC)

Headquarters: Chongqing, China (strong footprint in Vietnam and Philippines)
Key Offering: Electronic-Grade Fibers, Woven Fabrics, GFRP Gratings

CPIC specializes in electronic-grade glass fibers for Vietnam’s burgeoning electronics industry, alongside industrial gratings for construction in the Philippines. Its precision-engineered products meet stringent standards for high-speed PCBs and corrosion-resistant walkways.

Sustainability Initiatives:

  • R&D in low-alkali fibers for extended lifecycle products
  • Local innovation centers for ASEAN-specific sustainable composites

3️⃣ 8. Taishan Fiberglass Inc.

Headquarters: Shandong, China (distribution hubs in Malaysia and Thailand)
Key Offering: Chopped Strands, Surface Veils, GFRP Molding Compounds

Taishan Fiberglass supplies essential reinforcements for Malaysia’s automotive sector and Thailand’s construction boom. Its chopped strands enhance SMC/BMC compounds for bumpers and panels, delivering lightweight strength vital for fuel-efficient vehicles.

Sustainability Initiatives:

  • Indigenous development of recyclable GFRP technologies
  • Collaborations to scale low-VOC composites production

2️⃣ 9. Advanced Glassfiber Yarns (AGY)

Headquarters: Aiken, South Carolina, USA (Asian operations in Indonesia)

Key Offering: S-Glass Fibers, Thermoplastic-Compatible Rovings, GFRP Structural Components

AGY brings high-modulus S-Glass to Indonesia’s transportation and defense sectors, where superior tensile strength supports advanced GFRP in railcars and sporting equipment. Its technical expertise aids custom solutions for high-performance needs.

Sustainability Initiatives:

  • Aiming for 800,000 tons/year of renewable-compatible fibers
  • Expansion of supply chains for circular economy GFRP

1️⃣ 10. Jushi Group Co., Ltd.

Headquarters: Dongyang, China (leading supplier across Southeast Asia)
Key Offering: High-Performance Roving, Alkali-Resistant Fibers, Comprehensive GFRP Solutions

Jushi Group tops the list as the premier glass fiber innovator, serving over 200 regional clients in building, electronics, and transportation from bases in Thailand to Singapore. Its end-to-end portfolio, from raw fibers to finished GFRP, powers mega-projects and EV manufacturing, emphasizing compatibility with existing processes.

Sustainability Initiatives:

  • End-to-end green manufacturing with 30% renewable energy usage
  • Strategic alliances with ASEAN governments for GFRP infrastructure

Read Full Report: Southeast Asia GF and GFRP Composites Market – View in Detailed Research Report


🌍 Outlook: The Future of Southeast Asia GF and GFRP Composites Is Lightweight, Durable, and Green

The Southeast Asia GF and GFRP composites market is experiencing explosive growth fueled by infrastructure investments exceeding $1 trillion through 2030, alongside the shift to electric vehicles and smart electronics. Traditional materials are giving way to composites that offer up to 40% weight reduction, corrosion resistance, and recyclability, with investments pouring into advanced manufacturing.

📈 Key Trends Shaping the Market:

  • Rapid capacity expansions in Thailand, Vietnam, and Indonesia for GF production
  • Regulatory mandates for sustainable materials in construction by 2030
  • Digital twins and AI optimizing GFRP design and supply chains
  • Strategic alliances between fabricators and end-users for customized solutions

Read Full Report: Southeast Asia GF and GFRP Composites Market – View in Detailed Research Report

The companies profiled here are not only supplying essential GF and GFRP composites across Southeast Asia—they are leading the charge toward a sustainable, high-performance materials ecosystem.

Download FREE Sample Report: Southeast Asia GF and GFRP Composites Market – View in Detailed Research Report