The Global Glass Fiber Reinforced Plastics (GFRP) Composites Market was valued at USD 22.06 Billion in 2023 and is projected to reach USD 27.7 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period (2024-2030). This growth is being driven by increasing demand from aerospace, automotive, and construction sectors for lightweight, high-strength materials that improve energy efficiency and structural performance.

As industries transition toward sustainable and high-performance materials, GFRP composites are becoming essential to modern manufacturing. These advanced materials combine glass fibers with polymer matrices to create products with superior strength-to-weight ratios, corrosion resistance, and design flexibility. In this blog, we profile the Top 10 Companies in the GFRP Composites Industry—innovators and manufacturers that are shaping the future of material science.

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🔟 1. Owens Corning

Headquarters: Toledo, Ohio, USA
Key Offering: Fiberglass reinforcements, composite solutions

Owens Corning is a global leader in glass fiber technology, producing materials used in construction, transportation, and industrial applications. The company’s ADVANTEX® and PerforMax® glass fibers set industry standards for performance and sustainability.

Innovation Focus:

• 30% reduction in greenhouse gas intensity by 2030
• High-performance solutions for electric vehicle components
• Closed-loop recycling initiatives for composite materials

Download FREE Sample Report: Glass Fiber Reinforced Plastics (GFRP) Composites Market – View in Detailed Research Report

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9️⃣ 2. Jushi Group

Headquarters: Tongxiang, China
Key Offering: E-glass, C-glass, and specialty glass fibers

As the world’s largest glass fiber producer, Jushi Group manufactures over 2 million tons annually across global markets. The company serves infrastructure, transportation, and industrial applications with high-performance composite solutions.

Innovation Focus:

• Expanding production capacity to 3 million tons by 2025
• Developing advanced flame-retardant fibers

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8️⃣ 3. PPG Industries

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Fiberglass reinforcements, resin systems

PPG operates an extensive fiberglass production network, serving aerospace, automotive, and industrial markets with advanced composite solutions. The company focuses on developing sustainable materials for next-generation applications.

Innovation Focus:

• Hybrid composite technologies for weight reduction
• Eco-conscious resin formulations

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7️⃣ 4. CPIC

Headquarters: Chongqing, China
Key Offering: E-glass, S-glass, and thermoplastic composites

China’s second-largest fiberglass manufacturer, CPIC supplies materials for wind energy, automotive, and aerospace applications. The company has established an international presence with production bases in multiple countries.

Innovation Focus:

• Specialized aerospace-grade fiber development
• Expanding in North American and European markets

Download FREE Sample Report: Glass Fiber Reinforced Plastics (GFRP) Composites Market – View in Detailed Research Report

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6️⃣ 5. Taishan Fiberglass (Sinoma)

Headquarters: Tai’an, China
Key Offering: E-glass and C-glass rovings, chopped strands

A subsidiary of Sinoma, Taishan Fiberglass is a major global supplier with applications spanning construction, industrial composites, and thermal insulation. The company operates one of Asia’s most automated production facilities.

Innovation Focus:

• Digital manufacturing transformation
• High-modulus fiber development

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5️⃣ 6. Advanced Glassfiber Yarns (AGY)

Headquarters: Aiken, South Carolina, USA
Key Offering: Specialty glass yarns, woven reinforcements

AGY specializes in high-performance glass fibers for aerospace, defense, and electronics applications. The company produces some of the most technically advanced composite materials commercially available.

Innovation Focus:

• Military and aerospace composite solutions
• Advanced thermal management systems

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4️⃣ 7. Binani-3B

Headquarters: Mumbai, India
Key Offering: HiPer-tex® woven fabrics, direct rovings

Binani-3B provides engineered composite solutions through facilities in India, Belgium, and China. The company specializes in high-performance fibers for demanding industrial applications.

Innovation Focus:

• High-temperature resistant systems
• Structural composite technologies

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

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3️⃣ 8. Johns Manville

Headquarters: Denver, Colorado, USA
Key Offering: Fiberglass reinforcements, composite materials

A Berkshire Hathaway subsidiary, Johns Manville provides glass fiber solutions for transportation, infrastructure, and industrial applications with an emphasis on sustainable manufacturing practices.

Innovation Focus:

• 50% carbon footprint reduction by 2030
• Recyclable composite system development

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2️⃣ 9. Nippon Electric Glass

Headquarters: Otsu, Japan
Key Offering: E-glass, ECR glass, specialty fibers

NEG is a leading Japanese manufacturer with applications ranging from automotive components to electronics. The company maintains extensive R&D capabilities in advanced fiber technologies.

Innovation Focus:

• Ultra-thin glass fiber solutions
• High-temperature resistant composites

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1️⃣ 10. Saint-Gobain Vetrotex

Headquarters: Paris, France
Key Offering: Multicomposite, Twintex®, hybrid solutions

Saint-Gobain’s Vetrotex division develops innovative glass fiber reinforcements for thermoplastic and thermoset composites, focusing on sustainable material solutions for diverse industrial applications.

Innovation Focus:

• Bio-based resin compatible fibers
• Composite solutions for energy storage

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🌍 Outlook: The Future of GFRP Composites Is Sustainable and High-Performance

The GFRP composites market is undergoing significant transformation as industries seek advanced materials that combine strength, light weight, and environmental responsibility. As traditional materials face performance and sustainability challenges, glass fiber composites are positioned for expanded adoption.

📈 Key Trends Driving Market Growth:

• Increasing use in electric vehicle components and battery systems
• Growing applications in renewable energy infrastructure
• Advancements in recyclable and bio-based composite systems
• Construction industry adoption of prefabricated composite elements

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

The companies profiled above are not only leading material innovation—they’re enabling the next generation of engineering solutions across multiple industries.