The Global Fiberglass Board Market was valued at USD 10.53 Billion in 2023 and is projected to reach USD 17.12 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period (2024–2030). This robust growth is propelled by escalating demand from the construction sector for high-performance insulation and composite materials, stringent energy efficiency regulations, and a rising focus on sustainable building practices.
As industries worldwide pivot towards lightweight, durable, and eco-friendly materials, the fiberglass board market is experiencing transformative growth. The key players in this sector are not just suppliers; they are innovators driving advancements in material science and manufacturing. In this blog, we profile the Top 10 Companies in the Fiberglass Board Industry—a mix of established giants and specialized manufacturers shaping the future of modern construction and industrial applications.
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🔟 1. Owens Corning
Headquarters: Toledo, Ohio, USA
Key Offering: FOAMGLAS® insulation boards, Fiberglass Reinforced Panels (FRP)
Owens Corning is a global leader in insulation, roofing, and fiberglass composites. The company is renowned for its high-performance FOAMGLAS® cellular glass insulation boards, which offer superior fire resistance and moisture impermeability for demanding industrial applications.
Innovation and Sustainability Initiatives:
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Pioneering closed-loop recycling processes for fiberglass
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Committed to achieving carbon neutrality by 2050
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Developing next-generation bio-based and recycled content fiberglass products
9️⃣ 2. Johns Manville
Headquarters: Denver, Colorado, USA
Key Offering: JM Clad™ Fiberglass Boards, Industrial Insulation Boards
A Berkshire Hathaway company, Johns Manville is a leading manufacturer of premium building and specialty products. Their fiberglass boards are widely used in commercial and industrial construction for thermal and acoustic insulation, known for their durability and performance.
Innovation and Sustainability Initiatives:
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Investment in formaldehyde-free binder technology for improved indoor air quality
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Focus on circular economy principles with product take-back and recycling programs
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8️⃣ 3. Saint-Gobain
Headquarters: Courbevoie, France
Key Offering: ISOVER glass wool boards, CertainTeed fiberglass products
Saint-Gobain, through its ISOVER and CertainTeed brands, is a dominant force in the global building materials market. Their fiberglass insulation boards are engineered for energy efficiency, acoustic comfort, and fire safety across residential, commercial, and industrial segments.
Innovation and Sustainability Initiatives:
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Development of ultra-thin, high-performance insulation solutions
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Target of achieving carbon neutrality by 2050 with significant interim goals for 2030
7️⃣ 4. Knauf Insulation
Headquarters: Iphofen, Germany
Key Offering: Knauf Fiber Glass Board, ECOSE® Technology-based products
Knauf Insulation is a family-owned company with a strong global presence, recognized for its innovative ECOSE® Technology. This bio-based binder produces formaldehyde-free fiberglass boards that are softer to the touch and derived from rapidly renewable materials.
Innovation and Sustainability Initiatives:
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Industry-leading ECOSE® Technology for reduced environmental impact
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Aggressive targets to reduce carbon emissions and increase recycled content
6️⃣ 5. PPG Industries
Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Fiberglass Reinforced Plastic (FRP) panels and boards
PPG Industries is a major global supplier of paints, coatings, and specialty materials. Their fiberglass board offerings include high-strength FRP panels used in applications requiring corrosion resistance, such as industrial wall and ceiling systems.
Innovation and Sustainability Initiatives:
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Focus on developing coatings and composites for lightweighting in transportation
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Sustainability commitments include 2025 goals for reducing waste and emissions
5️⃣ 6. Nippon Electric Glass Co., Ltd. (NEG)
Headquarters: Otsu, Shiga, Japan
Key Offering: High-specification glass fiber boards for electronics and composites
Nippon Electric Glass is a leading manufacturer of specialty glass and glass fibers. Their high-performance fiberglass boards are critical components in the electronics industry for printed circuit boards (PCBs) and in advanced composite materials.
Innovation and Sustainability Initiatives:
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R&D in ultra-low dielectric constant glass fibers for 5G and advanced electronics
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Initiatives to reduce energy consumption and greenhouse gas emissions in manufacturing
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4️⃣ 7. China Jushi Co., Ltd.
Headquarters: Tongxiang, Zhejiang, China
Key Offering: A wide range of fiberglass yarns, rovings, and chopped strand mats for board production
As one of the world’s largest fiberglass producers, China Jushi supplies the essential raw materials for fiberglass board manufacturing globally. Their scale and integrated production process make them a key enabler of the downstream composites industry.
Innovation and Sustainability Initiatives:
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Continuous capacity expansion to meet global demand
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Investments in energy-efficient furnace technology and emission control systems
3️⃣ 8. Taishan Fiberglass Inc.
Headquarters: Taian, Shandong, China
Key Offering: Fiberglass mats and reinforcements for laminate boards and other composites
A subsidiary of China National Building Material Group (CNBM), Taishan Fiberglass is a major global supplier of fiberglass reinforcements. Their products are fundamental to producing strong, lightweight fiberglass composite boards used in wind energy, transportation, and construction.
Innovation and Sustainability Initiatives:
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Focus on producing high-strength, corrosion-resistant glass fibers
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Implementation of green manufacturing practices across its production facilities
2️⃣ 9. Binani Industries Ltd. (3B-The fibreglass company)
Headquarters: Mumbai, Maharashtra, India
Key Offering: HiPer-tex® woven rovings and direct roving for composite boards
3B-The fibreglass company, a part of Binani Industries, is a key player in the advanced glass fiber market. Their innovative HiPer-tex® products offer enhanced mechanical properties, making them ideal for high-performance composite boards in demanding applications.
Innovation and Sustainability Initiatives:
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Specialization in high-performance glass fibers for wind turbine blades and infrastructure
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Ongoing R&D to improve the sustainability profile of fiberglass production
1️⃣ 10. AGY Holding Corp.
Headquarters: Aiken, South Carolina, USA
Key Offering: S-2 Glass® high-strength fiberglass and specialty yarns
AGY is a world-leading producer of high-performance glass fibers, notably S-2 Glass®, which offers significantly higher strength and modulus than standard E-glass. Their products are essential for aerospace, defense, and ballistic armor composite boards.
Innovation and Sustainability Initiatives:
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Leadership in high-strength, lightweight fiberglass solutions for aerospace and defense
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Development of advanced sizing technologies to improve composite performance
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Fiberglass Board Market – View in Detailed Research Report
🌍 Outlook: The Future of Fiberglass Board Is Smarter, Stronger, and More Sustainable
The fiberglass board market is undergoing a significant evolution. While traditional thermal insulation remains a core application, the future is being shaped by demand for advanced composites, circular economy principles, and digital manufacturing.
📈 Key Trends Shaping the Market:
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Expansion into Advanced Composites: Growing use in wind energy, automotive lightweighting, and marine applications.
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Sustainability Drive: Increasing use of recycled glass cullet and development of bio-based resins and binders.
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Smart Building Integration: Fiberglass boards with integrated sensors for monitoring building health and energy performance.
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Stringent Regulatory Standards: Global building codes are pushing for higher energy efficiency, fueling demand for superior insulation products.
Read Full Report:
Fiberglass Board Market – View in Detailed Research Report
The companies profiled above are not just supplying materials—they are enabling a more energy-efficient and technologically advanced future across countless industries.
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