The Global Glass Fiber Reinforced Plastics (GFRP) Composites Market was valued at US$ 22,060 Million in 2023 and is projected to reach US$ 27,700 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period (2024–2030). This steady growth is propelled by rising demand from the construction, automotive, and wind energy sectors, coupled with the material’s superior strength-to-weight ratio and corrosion resistance.

As industries worldwide pivot towards lightweight and sustainable materials, GFRP composites are becoming indispensable. The market’s expansion is underpinned by key manufacturers who are innovating in fiber technology, resin systems, and manufacturing processes. In this blog, we profile the Top 10 Companies in the GFRP Composites Industry—global leaders and regional powerhouses shaping the future of advanced materials.

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🔟 1. Owens Corning

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

Owens Corning is a global leader in insulation, roofing, and fiberglass composites. Its composites business is a major supplier of glass fiber reinforcements used in transportation, construction, wind energy, and industrial applications. The company is renowned for its extensive R&D and product innovation.

Innovation & Sustainability Initiatives:

• Development of high-performance, sustainable glass fiber products

• Focus on circular economy principles and recycling technologies

• Global production network ensuring supply chain resilience

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, Zhejiang, China
Key Offering: Glass fiber roving, chopped strand mat, fabrics

Jushi Group is one of the world’s largest manufacturers of fiberglass and a dominant player in the Asian market. It produces a wide range of glass fiber products that are essential raw materials for GFRP composites used in electronics, construction, and automotive industries.

Innovation & Sustainability Initiatives:

• Continuous expansion of production capacity to meet global demand

• Investment in energy-efficient manufacturing processes

• Strong focus on research for high-modulus and specialty glass fibers

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8️⃣ 3. PPG Industries

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Glass fibers, Reinforcements

PPG Industries, a leading paints and coatings company, also has a significant presence in the fiberglass market through its fiberglass reinforcements business. Its products are critical for reinforcing composite materials in various high-performance applications.

Innovation & Sustainability Initiatives:

• Development of innovative sizing technologies for better fiber-matrix adhesion

• Commitment to reducing the environmental footprint of manufacturing operations

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7️⃣ 4. CPIC (Chongqing Polycomp International Corp.)

Headquarters: Chongqing, China
Key Offering: Roving, chopped strands, woven roving

CPIC is a major global supplier of glass fiber and is strategically expanding its international footprint. It serves a diverse range of industries, including wind power, infrastructure, and consumer goods, with a focus on quality and cost-effectiveness.

Innovation & Sustainability Initiatives:

• Aggressive capacity expansion and global market penetration

• Investment in R&D for new applications in aerospace and automotive sectors

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, Shandong, China
Key Offering: Glass fiber products, Technical fabrics

As a subsidiary of China National Materials Group (Sinoma), Taishan Fiberglass is a key state-owned enterprise and a leading producer of fiberglass in China. It plays a crucial role in supplying the domestic construction and infrastructure boom.

Innovation & Sustainability Initiatives:

• Integration within a large state-owned conglomerate provides stability and scale

• Focus on meeting China’s internal demand for composite materials

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5️⃣ 6. Nippon Electric Glass (NEG)

Headquarters: Otsu, Shiga, Japan
Key Offering: Glass fibers for composites, Electronic-grade glass

Nippon Electric Glass is a leading Japanese manufacturer known for its high-quality glass and glass fiber products. Its composites division produces fibers for automotive, construction, and industrial applications, with a strong emphasis on precision and performance.

Innovation & Sustainability Initiatives:

• Pioneering ultra-thin glass fibers for specialized applications

• Strong R&D focus on next-generation composite materials

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4️⃣ 7. Johns Manville

Headquarters: Denver, Colorado, USA
Key Offering: Fiberglass mats, Engineered fabrics

A Berkshire Hathaway company, Johns Manville is a leading manufacturer of insulation and building products, including a range of fiberglass reinforcements for the composites industry. Its products are used in roofing, marine, and transportation sectors.

Innovation & Sustainability Initiatives:

• Focus on product durability and performance in harsh environments

• Sustainability initiatives aligned with Berkshire Hathaway’s corporate responsibility goals

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3️⃣ 8. Binani-3B

Headquarters: Mumbai, India / Battice, Belgium
Key Offering: HiPer-tex® woven fabrics, Direct roving

Binani-3B is aglobal player specialized in high-performance glass fiber products. Following corporate restructuring, its operations continue under new ownership, focusing on advanced materials for wind energy, infrastructure, and high-tech industries.

Innovation & Sustainability Initiatives:

• Legacy of innovation in high-strength, corrosion-resistant fibers

• Strategic repositioning in the global market post-acquisition

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2️⃣ 9. Advanced Glassfiber Yarns (AGY)

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

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

Innovation & Sustainability Initiatives:

• Specialization in high-value, performance-driven glass fiber solutions

• R&D focused on meeting stringent requirements for defense and aerospace sectors

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1️⃣ 10. Saint-Gobain Vetrotex

Headquarters: Courbevoie, France
Key Offering: Roving, mats, Multiaxial fabrics

Saint-Gobain Vetrotex, part of the global Saint-Gobain Group, is a major European producer of glass fiber reinforcements. It leverages the group’s vast material science expertise to serve the construction, transportation, and sports/leisure markets.

Innovation & Sustainability Initiatives:

• Access to Saint-Gobain’s extensive R&D capabilities

• Strong commitment to sustainable development and eco-friendly products

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

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

The GFRP composites market is evolving rapidly, driven by the global imperative for fuel efficiency, reduced emissions, and durable infrastructure. While traditional E-glass remains the workhorse, the industry is increasingly investing in high-performance fibers, bio-based resins, and automated manufacturing technologies.

📈 Key Trends Shaping the Market:

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

• Automotive industry’s shift to lightweighting for electric vehicles (EVs)

• Growing adoption in construction for corrosion-resistant rebar and panels

• Technological advancements in recycling and lifecycle management of composites

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

The companies listed above are not only supplying materials—they are engineering the building blocks for a lighter, stronger, and more sustainable future across global industries.