The Global Glass Fiber Reinforced Plastic (GFRP) Composites Market was valued at USD 73.2 Billion in 2024 and is projected to reach USD 112.5 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period (2024–2030). This robust growth is fueled by the escalating demand for lightweight, high-strength materials across the automotive, aerospace, wind energy, and construction sectors, driven by the global push for energy efficiency and sustainability.

As industries worldwide pivot towards material solutions that offer superior performance with reduced environmental impact, the role of GFRP composites has become more critical than ever. These composites, known for their excellent strength-to-weight ratio, corrosion resistance, and design flexibility, are at the forefront of modern manufacturing. In this blog, we profile the Top 10 Companies in the Glass Fiber Reinforced Plastic Composites Industry—a group of material science innovators, manufacturers, and sustainability leaders shaping the built environment and transportation of tomorrow.

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🔟 1. Owens Corning

Headquarters: Toledo, Ohio, USA
Key Offering: Glass Fiber reinforcements, Composite Solutions, Insulation

Owens Corning is a global leader in building and construction materials and composite solutions. The company is a premier manufacturer of glass fiber reinforcements, supplying a wide range of products for thermoset and thermoplastic composites used in transportation, infrastructure, and consumer goods.

Sustainability Initiatives:

• Target of achieving carbon neutrality by 2030

• Development of eco-friendly binders and recycling technologies for glass fiber

• Product portfolios focused on enhancing energy efficiency in buildings and vehicles

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9️⃣ 2. Jushi Group

Headquarters: Tongxiang, Zhejiang, China
Key Offering: E-glass and Specialty Glass Fibers, Roving, Chopped Strand Mat

Jushi Group is one of the world’s largest manufacturers of fiberglass and a key global supplier of glass fiber reinforcements. With a massive production capacity, Jushi serves a diverse range of industries from wind energy and automotive to electronics and construction, playing a pivotal role in the global supply chain.

Innovation Focus:

• Significant investment in capacity expansion to meet global demand

• Development of high-performance glass fibers for advanced composites

• Focus on operational efficiency and cost-competitive manufacturing

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8️⃣ 3. China National Building Material Group (CNBM) / Taishan Fiberglass

Headquarters: Beijing, China
Key Offering: Glass Fiber, Fiberglass Fabrics, Reinforcements

As part of the state-owned CNBM, Taishan Fiberglass is a major force in the global glass fiber market. The company produces a comprehensive range of fiberglass products, including direct roving, assembled roving, and chopped strand mats, catering to both domestic Chinese and international markets.

Strategic Position:

• Leverages vertical integration within the CNBM conglomerate

• Key supplier to Asia’s rapidly growing construction and industrial sectors

• Continuous modernization of production facilities for quality and scale

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7️⃣ 4. PPG Industries

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Continuous Strand Mat, Chop Strand Mat, Specialty Glass Fibers

PPG Industries is a leading global supplier of paints, coatings, and specialty materials, including a substantial fiberglass business. PPG’s fiberglass reinforcements are essential components in a multitude of composite applications, from marine and transportation to corrosion-resistant tanks and pipes.

Market Strengths:

• Strong technical support and customer application expertise

• Broad product portfolio for various composite manufacturing processes

• Global manufacturing footprint ensuring reliable supply

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

Headquarters: Otsu, Shiga, Japan
Key Offering: E-glass, C-glass, AR-glass, Specialty Glass Fibers

Nippon Electric Glass is a prominent Japanese manufacturer with a strong focus on technology and quality. The company produces high-performance glass fibers for demanding applications in electronics, telecommunications, and advanced composite materials, known for their precision and reliability.

Technological Leadership:

• R&D focused on ultra-thin glass fibers and functional coatings

• Strong presence in high-value niche markets beyond traditional composites

• Commitment to quality control and product consistency

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5️⃣ 6. CPIC (Chongqing Polycomp International Corp.)

Headquarters: Chongqing, China
Key Offering: Roving, Chopped Strands, Fabrics, Thermoplastic Composites

CPIC is a leading Chinese fiberglass producer with a rapidly expanding global presence. The company has invested heavily in state-of-the-art production facilities and has become a key supplier for the wind energy industry, as well as for automotive and infrastructure applications worldwide.

Growth Strategy:

• Aggressive capacity expansion to capture global market share

• Strategic focus on the high-growth wind turbine blade market

• Development of customized solutions for specific customer needs

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4️⃣ 7. Johns Manville

Headquarters: Denver, Colorado, USA
Key Offering: Fiber Glass Mat, Reinforcements, High-Temperature Materials

A Berkshire Hathaway company, Johns Manville is a leading manufacturer of insulation and building products, including a range of fiberglass reinforcements for composite applications. Their products are used in roofing, flooring, and various industrial composites, valued for their durability and performance.

Corporate Stability & Focus:

• Backed by the long-term investment philosophy of Berkshire Hathaway

• Strong emphasis on product safety and environmental stewardship

• Diverse product range serving both construction and industrial markets

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3️⃣ 8. Binani 3B-The Fibreglass Company

Headquarters: Brussels, Belgium
Key Offering: HiPer-tex® WF Roving, BMC, Thermoplastic Compounds

3B is a specialist in the development and production of fibreglass products and solutions, particularly known for its innovation in the wind energy and high-performance composite sectors. The company focuses on creating value-added products that enhance the mechanical properties of composites.

Innovation & Specialization:

• Pioneer in glass fiber sizing technology for improved composite performance

• Strong R&D partnerships with leading composite manufacturers

• Focus on sustainability through product life cycle assessment

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2️⃣ 9. Saint-Gobain Vetrotex

Headquarters: Courbevoie, France
Key Offering: Roving, Mats, Fabrics, Specialty Glass Fibers

As part of the global materials giant Saint-Gobain, Vetrotex has a long history of innovation in the glass fiber industry. The company offers a wide array of reinforcement solutions for composites used in construction, transportation, and sports and leisure, leveraging Saint-Gobain’s vast research capabilities.

Heritage & Research:

• Access to Saint-Gobain’s global R&D network

• Focus on developing sustainable construction solutions

• Strong brand reputation and technical expertise built over decades

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1️⃣ 10. Advanced Glassfiber Yarns LLC (AGY)

Headquarters: Aiken, South Carolina, USA
Key Offering: S-2 Glass® Fibers, High-Strength Specialties

AGY is a leading manufacturer of high-performance, specialty glass fibers, most notably S-2 Glass®. These fibers offer significantly higher strength and modulus than standard E-glass, making them critical for aerospace, defense, ballistic armor, and other demanding applications where performance is paramount.

High-Performance Focus:

• World leader in S-2 Glass® technology for aerospace and defense

• Custom engineering solutions for mission-critical applications

• Stringent quality controls for the most demanding industry specifications

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🌍 Outlook: The Future of GFRP Composites is Lightweight and Sustainable

The Glass Fiber Reinforced Plastic Composites market is experiencing a transformative phase. While traditional applications continue to grow, the industry is increasingly driven by the need for lightweighting to improve energy efficiency and reduce carbon emissions across all sectors.

📈 Key Trends Shaping the Market:

• Rising demand from the wind energy sector for larger, more efficient turbine blades

• Automotive industry’s shift to lightweight composites for electric vehicles (EVs) to extend range

• Growing adoption in construction for durable, corrosion-resistant, and low-maintenance structures

• Increased focus on recycling technologies and sustainable end-of-life solutions for composites

Get Full Report Here:
Glass Fiber Reinforced Plastic Composites Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials—they are enabling the lightweight revolution that is critical for a more sustainable and efficient global economy.