The Global Glass Fiber Reinforced Plastics (GFRP) Composites Market was valued at US$ 22.06 Billion in 2023 and is projected to reach US$ 27.70 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period. This steady expansion is fueled by escalating demand from the construction, automotive, and electronics sectors, propelled by the material’s superior strength-to-weight ratio, corrosion resistance, and design flexibility.

As industries worldwide pivot towards lightweight and durable material solutions, GFRP composites are becoming indispensable. This landscape is defined by global material science leaders who are continuously innovating in fiber production, resin systems, and composite manufacturing processes. Here, we profile the Top 10 Companies in the GFRP Composites Industry—a mix of fiberglass giants, chemical conglomerates, and specialized manufacturers driving the future of advanced materials.

---

🔟 1. Owens Corning

Headquarters: Toledo, Ohio, USA
Key Offering: Fiberglass reinforcements, Composite materials systems

Owens Corning is a global leader in insulation, roofing, and fiberglass composites. Its composites business is a premier provider of glass fiber reinforcements used in thousands of applications, from wind turbine blades to automotive components. The company’s extensive R&D focuses on developing high-performance, sustainable glass fiber solutions.

Sustainability and Innovation Initiatives:

• Commitment to 100% GHG emissions reduction by 2050
• Development of Advantex® glass fiber, an eco-profile alternative to E-glass
• Recycling programs for glass fiber manufacturing waste

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

---

9️⃣ 2. Jushi Group

Headquarters: Tongxiang, Zhejiang, China
Key Offering: E-glass and specialty glass fibers, Roving, Chopped Strand Mat

As one of the world’s largest fiberglass producers, Jushi Group manufactures a comprehensive portfolio of fiberglass products. Its massive production capacity and global distribution network make it a key supplier to composite manufacturers worldwide, particularly dominating the Asia-Pacific market.

Sustainability and Innovation Initiatives:

• Significant investments in capacity expansion to meet global demand
• Focus on energy efficiency and emission control in production processes
• Development of high-modulus and high-strength glass fiber variants

---

8️⃣ 3. PPG Industries

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: HYBON® and SEERMAX® fiberglass rovings, Reinforcements for thermoset and thermoplastic composites

PPG Industries is a leading supplier of fiberglass reinforcements, with a strong focus on innovation for the transportation, infrastructure, and energy markets. Its products are engineered for superior processing and end-product performance in pultrusion, compression molding, and filament winding.

Sustainability and Innovation Initiatives:

• Development of sizing technologies for enhanced composite performance
• Products designed for lightweighting to improve fuel efficiency in vehicles
• Commitment to sustainable operations and product stewardship

---

7️⃣ 4. CPIC (Chongqing Polycomp International Corp.)

Headquarters: Chongqing, China
Key Offering: Glass fiber roving, Chopped strands, Woven roving, Multi-axial fabrics

CPIC is a major global player in the fiberglass industry, with a significant market share and a strong international presence. The company supplies a wide array of reinforcement products to the construction, automotive, marine, and electronics industries.

Sustainability and Innovation Initiatives:

• Global expansion of production facilities, including plants in Brazil and Bahrain
• Investment in R&D for high-performance and corrosion-resistant glass fibers
• Implementation of advanced manufacturing technologies for quality and efficiency

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

---

6️⃣ 5. Taishan Fiberglass (Sinoma)

Headquarters: Tai’an, Shandong, China
Key Offering: E-glass fibers, Direct roving, Assembled roving, Spray-up roving

A subsidiary of China National Materials Group (Sinoma), Taishan Fiberglass is a leading manufacturer of fiberglass reinforcements. The company is renowned for its large-scale, cost-effective production and serves a diverse range of composite applications globally.

Sustainability and Innovation Initiatives:

• Continuous capacity increases to solidify its position as a top-tier global supplier
• Focus on product consistency and quality control for industrial applications
• Exploration of new glass formulations for enhanced mechanical properties

---

5️⃣ 6. Advanced Glassfiber Yarns (AGY)

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

AGY is a leading manufacturer of high-performance, specialty glass fibers. Its flagship S-2 Glass® products offer significantly higher strength and modulus than standard E-glass, making them critical for aerospace, defense, and high-end sporting goods.

Sustainability and Innovation Initiatives:

• Pioneer in high-strength S-2 Glass® technology for demanding applications
• Custom engineering of fiber sizings for optimal bonding with specific resin systems
• Supplying critical materials for ballistic armor and aerospace components

---

4️⃣ 7. Binani-3B

Headquarters: Mumbai, India / Battice, Belgium
Key Offering: Glass fiber reinforcements, Technical fabrics, Specialty products

Binani-3B, now part of the 3B Fibreglass group, is a key global supplier of glass fiber reinforcements. With a strong focus on innovation, the company produces a wide range of products for the wind energy, transportation, and construction markets from its facilities in Europe and India.

Sustainability and Innovation Initiatives:

• Development of eco-efficient glass fiber products
• Strong presence in the rapidly growing wind energy composite sector
• Focus on technological partnerships with downstream composite manufacturers

---

3️⃣ 8. Johns Manville

Headquarters: Denver, Colorado, USA
Key Offering: Fiber glass roving, Mats, Specialty nonwovens

A Berkshire Hathaway company, Johns Manville is a leading manufacturer of insulation and building materials, including a significant fiberglass reinforcements division. Its products are used in a variety of composite applications, from bathtubs to circuit boards.

Sustainability and Innovation Initiatives:

• Investment in sustainable manufacturing practices and product life cycle analysis
• Development of reinforcements for thermoplastic composites (GMT, LFT)
• Strong commitment to employee safety and environmental responsibility

---

2️⃣ 9. Nippon Electric Glass (NEG)

Headquarters: Otsu, Shiga, Japan
Key Offering: E-glass and C-glass fibers, Microglass fibers, Electronic-grade glass

Nippon Electric Glass is a diversified glass manufacturer with a substantial business in glass fibers. It produces a wide range of fiberglass products, including standard reinforcements and highly specialized fibers for the electronics industry, such as those used in printed circuit boards.

Sustainability and Innovation Initiatives:

• Expertise in ultra-fine glass fibers for micro-level reinforcement
• Strong focus on R&D for next-generation electronic materials
• Global strategy to expand its composites materials footprint

---

1️⃣ 10. Saint-Gobain Vetrotex

Headquarters: Chambéry, France
Key Offering: Roving, Mats, Woven fabrics, Multi-axial reinforcements

As part of the global materials giant Saint-Gobain, Vetrotex is a leading European manufacturer of glass fiber reinforcements. The company leverages Saint-Gobain’s vast research capabilities to develop innovative solutions for the construction, marine, and industrial sectors.

Sustainability and Innovation Initiatives:

• Focus on sustainable construction solutions and green building materials
• Development of high-flow and fast-wetting rovings for improved processing
• Integration within Saint-Gobain’s circular economy initiatives

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

---

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

The GFRP composites market is poised for transformative growth, driven by the relentless pursuit of material efficiency and environmental responsibility. While traditional applications continue to dominate volume, the industry is rapidly advancing towards high-performance grades, recyclable solutions, and digital manufacturing techniques.

📈 Key Trends Shaping the Market:

• Accelerated adoption in electric vehicle lightweighting for extended battery range
• Growing demand from the wind energy sector for longer, more durable turbine blades
• Development of thermoplastic composites for easier recycling and reprocessing
• Increased use of automation and digital twin technology in composite part manufacturing

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

The companies profiled are not merely supplying materials—they are foundational to the lightweighting and sustainability revolutions sweeping across global industries.