The Global Glass Fiber Reinforced Plastic (GFRP) Composites Market was valued at USD 50.73 Billion in 2024 and is projected to reach USD 79.12 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period (2024–2030). This robust growth is primarily driven by escalating demand from the automotive and transportation sector for lightweight materials that enhance fuel efficiency, alongside significant investments in renewable energy, construction, and aerospace applications.

As industries worldwide intensify their focus on performance, sustainability, and energy conservation, the role of advanced composite materials has become crucial. GFRP composites, with their unmatched combination of high strength-to-weight ratio, corrosion resistance, and design flexibility, are at the forefront of this material revolution. In this blog, we profile the Top 10 Companies in the Glass Fiber Reinforced Plastic Composites Industry—a dynamic mix of global chemical giants, specialized materials producers, and fiberglass leaders that are shaping the next generation of high-performance products.

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🔟 1. Owens Corning

Headquarters: Toledo, Ohio, USA
Key Offering: Fiberglass reinforcements (roving, chopped strands, mats), Engineered Composites.

Owens Corning is a Fortune 500® company and a global leader in glass fiber reinforcements and advanced materials. With a vast product portfolio spanning construction, transportation, and industrial markets, it is the world’s largest manufacturer of fiberglass composites. Its reinforcements are a critical component in thousands of composite parts, from automotive body panels to wind turbine blades.

Strategic Initiatives:

• Industry-leading 1.3 million tons/year of glass fiber capacity.
• Major R&D focus on fiber sizing and resin compatibility for next-gen applications.
• Sustainability goal to achieve net-zero Scope 1 and 2 emissions by 2030.

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9️⃣ 2. Jushi Group Co., Ltd.

Headquarters: Tongxiang, Zhejiang, China
Key Offering: E-glass and high-performance glass fibers, rovings, chopped strands, woven fabrics.

Jushi Group is one of the world’s largest and most competitive manufacturers of fiberglass. With massive, modern production facilities in China, Egypt, and the United States, Jushi exerts significant influence on global supply and pricing. Its strategy focuses on vertical integration and economies of scale to serve diverse markets from infrastructure to consumer goods.

Strategic Initiatives:

• Global production capacity exceeding 2.6 million tons per annum.
• Continuous expansion in international markets, including its US plant in South Carolina.
• Active development of specialty fibers for automotive lightweighting and 5G applications.

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8️⃣ 3. China National Building Material Group (CNBM) – Subsidiaries: CPIC, Taishan Fiberglass Inc.

Headquarters: Beijing, China
Key Offering: A full spectrum of fiberglass products through subsidiaries CPIC and Taishan.

As a colossal state-owned enterprise, CNBM is a dominant force in global materials. Its fiberglass subsidiaries, Chongqing Polycomp International Corp (CPIC) and Taishan Fiberglass Inc., are powerhouses in their own right. Together, they command one of the largest slices of the global glass fiber market, driving innovation and capacity expansion.

Strategic Initiatives:

• Combined capacity of subsidiaries places the group as a top global producer.
• Heavy investment in R&D for wind energy, automotive, and electronics-grade fibers.
• Strategic global partnerships to secure raw materials and market access.

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7️⃣ 4. Nippon Electric Glass Co., Ltd. (NEG)

Headquarters: Otsu, Shiga, Japan
Key Offering: High-performance glass fibers (E-glass, C-glass, Advantex®), Specialty glass materials.

Nippon Electric Glass (NEG) is a leading global supplier renowned for its high-quality and innovative glass fiber products. Its Advantex® glass, an boron-free E-CR glass, offers superior acid corrosion resistance, making it a preferred choice for pipes, tanks, and infrastructure in harsh environments.

Strategic Initiatives:

• Focus on high-value, differentiated products for demanding industrial applications.
• Strong technological position in halogen-free flame retardant fibers.
• Global production network supporting key automotive and construction markets.

Download FREE Sample Report: Global Glass Fiber Reinforced Plastic Composites Market – View in Detailed Research Report

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6️⃣ 5. Johns Manville (A Berkshire Hathaway Company)

Headquarters: Denver, Colorado, USA
Key Offering: Engineered fiberglass reinforcements, Specialty glass mats, Composite materials.

Johns Manville, a Berkshire Hathaway company, is a leading manufacturer of premium building products and engineered materials. Its engineered products division produces a wide array of fiberglass reinforcements, including chopped strands, rovings, and mats specifically designed for the composite materials industry, with a strong focus on the transportation and marine sectors.

Strategic Initiatives:

• Investment in product innovation for thermoplastic composites (GMT, LFT).
• Strong emphasis on sustainability and product lifecycle management.
• Global manufacturing and technical service network.

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5️⃣ 6. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: Advanced epoxy, vinyl ester, and polyurethane resin systems for composites.

Huntsman’s Advanced Materials division is a global powerhouse in formulating the resin systems that bind glass fibers into high-performance composites. Their technologies are critical in manufacturing wind turbine blades, automotive components, aerospace structures, and electrical laminates.

Strategic Initiatives:

• World-leading supplier of epoxy resins for the wind energy industry.
• Continuous innovation in fast-cure, low-VOC, and bio-based resin chemistries.
• Extensive global technical support and formulation expertise for customers.

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4️⃣ 7. Gurit Holding AG

Headquarters: Wattwil, Switzerland
Key Offering: Advanced composite materials kits (prepregs, core materials, adhesives, tooling).

Gurit is a specialty materials company and a technology leader in composite solutions. It provides engineered material kits and services, primarily to the wind energy, marine, transportation, and aerospace industries. Gurit’s focus is on providing high-performance, value-added systems rather than bulk commodities.

Strategic Initiatives:

• Market leader in structural core materials (PET, PVC, and balsa) for composites.
• Strong focus on sustainable and recyclable composite solutions.
• Integrated service offering from design and engineering to finished component support.

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3️⃣ 8. PPG Industries

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Fiberglass strands, rovings, and specialty reinforcements.

While best known for paints and coatings, PPG operates a significant glass fiber reinforcements business. PPG’s fiberglass products are essential inputs for the reinforced plastics industry, used in applications ranging from construction materials and corrosion-resistant tanks to automotive underbody shields.

Strategic Initiatives:

• Strong vertical integration from raw materials to finished fiber products.
• Product development focused on compatibility with new resin systems and processes.
• Commitment to increasing the use of renewable energy in its fiberglass production.

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2️⃣ 9. Scott Bader Company Ltd.

Headquarters: Wollaston, Northamptonshire, UK
Key Offering: Structural and gelcoat resins (polyester, vinyl ester, acrylic), adhesive systems.

Scott Bader is a global, employee-owned chemical company specializing in advanced polymer technologies. It is a premier supplier of unsaturated polyester resins, gelcoats, and structural adhesives to the composites industry, particularly strong in the marine, transportation, and construction sectors.

Strategic Initiatives:

• Pioneering work in low-styrene emission and bio-resin technologies.
• Global manufacturing footprint with a strong commitment to ethical and sustainable business practices.
• Technologically advanced products for resin infusion and closed molding processes.

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1️⃣ 10. Saint-Gobain Vetrotex

Headquarters: Courbevoie, France
Key Offering: High-performance glass fiber reinforcements (roving, fabrics, mats) under the “Vetrotex” brand.

Saint-Gobain, a global leader in light and sustainable construction, houses a formidable glass fiber business through its Vetrotex division. It produces a comprehensive range of reinforcements designed for high-performance composites used in demanding environments like aerospace, ballistics, and pressure vessels.

Strategic Initiatives:

• Focus on ultra-high-strength and high-modulus glass fibers (R-glass, HiPer-tex®).
• Significant investment in R&D for next-generation multi-material composites.
• Aligned with Saint-Gobain’s global sustainability goals “Grow and Impact”.

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

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🌍 Outlook: The Future of GFRP Composites is Smarter, Greener, and More Integrated

The GFRP composites market is evolving beyond being a mere material supplier to becoming an enabler of systemic industrial transformation. While traditional applications continue to grow, the future is being shaped by trends in sustainability, digitalization, and multi-functional material systems.

📈 Key Trends Shaping the Market:

• Circular Economy Push: Accelerated development of recyclable thermoset resins (e.g., vitrimers) and improved mechanical recycling processes for end-of-life composite parts.
• Lightweighting Imperative: Unabated demand from electric vehicle manufacturers to extend battery range, driving adoption of GFRP in battery enclosures, chassis, and interior components.
• Renewable Energy Growth: Sustained global investment in wind energy, with longer, more efficient blades requiring advanced glass fiber and resin systems.
• Digital Manufacturing: Increased use of automation, 3D printing (additive manufacturing) of composites, and AI-driven design optimization to reduce waste and improve part performance.

The companies profiled are not just manufacturing materials; they are building the foundation for a lighter, stronger, and more sustainable industrial future. Their innovations in fiber technology, resin chemistry, and application engineering will continue to unlock new possibilities across every sector of the global economy.

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