The Global Glass Fiber Felt Market was valued at approximately USD 2.1 Billion in 2023 and is projected to reach USD 3.1 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This robust growth is propelled by escalating demand from the construction, automotive, and wind energy sectors, alongside the accelerating adoption of lightweight, high-performance composite materials for sustainability and energy efficiency.

As global industries pivot toward advanced material solutions that offer superior insulation, corrosion resistance, and structural integrity, the focus intensifies on the key manufacturers driving innovation, scale, and technological advancement. In this blog, we profile the Top 10 Companies in the Glass Fiber Felt Industry—a definitive mix of global giants and specialized innovators shaping the future of materials science.

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🔟 1. Owens Corning

Headquarters: Toledo, Ohio, USA
Key Offering: Fiberglass insulation, Composite materials, Roofing products

Owens Corning is a global leader in glass fiber reinforcements and insulation materials, with a significant market share in glass fiber felt production. The company’s materials are essential for thermal and acoustic insulation in construction and for reinforcing composites in automotive and industrial applications.

Innovation & Sustainability Initiatives:

• Investment in next-generation, bio-based binder technologies
• Commitment to achieving carbon neutrality by 2030
• Product portfolio focused on enhancing energy efficiency in buildings

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9️⃣ 2. Jushi Group

Headquarters: Tongxiang, Zhejiang, China
Key Offering: Glass fiber rovings, chopped strands, mats, and felts

Jushi Group is one of the world’s largest manufacturers of fiberglass products, with a massive production capacity that serves global markets. The company is a key supplier of glass fiber felt for a wide range of applications, from electronic substrates to marine composites.

Innovation & Sustainability Initiatives:

• Continuous expansion of production capacity to meet global demand
• Focus on developing high-performance, environmentally friendly glass compositions
• Strategic global supply chain optimization

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8️⃣ 3. PPG Industries

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Glass fibers, Coatings, Specialty materials

PPG Industries, through its fiberglass division, is a major producer of continuous strand mats and reinforced thermoplastics. Their glass fiber felts are critical in the manufacture of bathtubs, showers, and other high-strength composite products.

Innovation & Sustainability Initiatives:

• Development of low-emission manufacturing processes
• R&D in fiber sizing technologies for improved composite performance
• Commitment to sustainable water and energy use in operations

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7️⃣ 4. Johns Manville

Headquarters: Denver, Colorado, USA
Key Offering: Insulation products, Roofing systems, Engineered products

A Berkshire Hathaway company, Johns Manville is a leading manufacturer of premium building and specialty products. Their expertise in glass fiber nonwovens and felts is pivotal for applications requiring high-temperature resilience and sound absorption.

Innovation & Sustainability Initiatives:

• Pioneering formaldehyde-free insulation products
• Advanced manufacturing for high-purity materials for battery separators
• Strong focus on circular economy principles and product recyclability

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

Headquarters: Otsu, Shiga, Japan
Key Offering: Glass fibers for PCB, Display glass, Specialty glass

Nippon Electric Glass is a key player in high-performance glass fibers, particularly for the electronics industry. Their ultra-thin glass fiber felts are essential for printed circuit board (PCB) substrates and other high-tech applications requiring dimensional stability.

Innovation & Sustainability Initiatives:

• Leading R&D in low-dielectric glass fibers for 5G infrastructure
• Development of environmentally benign glass formulations
• Global expansion of technical glass production facilities

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5️⃣ 6. Taishan Fiberglass Inc.

Headquarters: Taian, Shandong, China
Key Offering: Fiberglass yarn, Roving, Mats, and Felts

As a subsidiary of China Jushi, Taishan Fiberglass is a major force in the Asian market, producing a comprehensive range of fiberglass products. The company’s glass fiber felts are widely used in construction, transportation, and industrial insulation.

Innovation & Sustainability Initiatives:

• Rapid scaling of production to capitalize on Asia-Pacific growth
• Investment in automation to improve product consistency and reduce waste
• Focus on cost-effective solutions for emerging economies

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4️⃣ 7. AGY Holding Corp.

Headquarters: Aiken, South Carolina, USA
Key Offering: High-strength glass fibers, S-2 Glass®, Specialty yarns

AGY is a leading global producer of high-performance, high-strength glass fibers. Their advanced glass fiber felts are specified for demanding applications in aerospace, defense, and ballistic armor due to their superior mechanical properties.

Innovation & Sustainability Initiatives:

• Specialization in S-2 Glass® for mission-critical composites
• Continuous innovation in fiber surface treatments for enhanced bonding
• Commitment to reducing the environmental footprint of high-performance materials

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3️⃣ 8. Jiangsu Jiuding New Material Co., Ltd.

Headquarters: Yancheng, Jiangsu, China
Key Offering: Glass fiber needled felt, Geotextiles, Filter materials

Jiangsu Jiuding New Material specializes in glass fiber needled felts, which are critical for high-temperature air filtration, thermal insulation, and reinforced plastic flooring. The company has carved a niche in specialized industrial applications.

Innovation & Sustainability Initiatives:

• Expertise in needling technology for enhanced felt strength and uniformity
• Development of felts for environmental protection applications like baghouse filters
• Expansion into new verticals such as battery separator substrates

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2️⃣ 9. Saint-Gobain

Headquarters: Courbevoie, France
Key Offering: Glass wool insulation, High-performance materials, Construction products

Saint-Gobain’s CertainTeed and Isover divisions are global powerhouses in insulation. Their glass fiber felts and mats are foundational to energy-efficient building envelopes and industrial pipe insulation across Europe and North America.

Innovation & Sustainability Initiatives:

• Multi-material approach to sustainable construction
• Development of carbon-reducing insulation solutions
• Commitment to achieving net-zero carbon emissions by 2050

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1️⃣ 10. Binani Industries (3B-the fibreglass company)

Headquarters: Mumbai, India
Key Offering: Glass fiber reinforcements, Direct roving, Chopped strands

3B, a key player formerly under Binani Industries and now part of a global strategic framework, is a significant supplier of fiberglass reinforcements. Their products are used to manufacture glass fiber felts for the wind energy and automotive sectors.

Innovation & Sustainability Initiatives:

• Focus on innovations for the wind turbine blade market
• Development of high-flow and corrosion-resistant glass fiber products
• Strategic positioning to serve the growing Indian and Middle Eastern markets

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🌍 Outlook: The Future of Glass Fiber Felt Is High-Performance and Sustainable

The glass fiber felt market is undergoing a significant transformation. While traditional construction applications continue to drive volume, the industry is rapidly evolving to meet the demands of high-tech sectors like electric vehicles, renewable energy, and advanced electronics.

📈 Key Trends Shaping the Market:

• Surging demand for lightweight composites in electric vehicle battery enclosures and components
• Expansion of wind energy capacity globally, driving need for turbine blade materials
• Stringent building energy codes fueling demand for high-efficiency insulation
• Development of sustainable, recyclable, and bio-based binder systems

Get Full Report Here: Glass Fiber Felt Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials—they are enabling the advanced manufacturing and sustainable infrastructure of tomorrow.