According to our (Global Info Research) latest study, the global Automotive Glass Fiber Composites market size was valued at US$ 4391 million in 2024 and is forecast to a readjusted size of USD 6288 million by 2031 with a CAGR of 5.3% during review period.
This report studies Glass fiber reinforced plastic (GFRP) composites for automotive market. Glass fiber reinforced plastic (GFRP) composites refer to composite materials made of resin reinforced with glass fiber. GFRP composites is used for its high mechanical strength, light weight, corrosion and temperature resistant properties, thermal insulation, smooth internal surface, easy to form complex shapes, ease of repair and its cost effectiveness.
The global automotive glass fiber composites market is experiencing significant growth due to the increasing demand for lightweight, high-strength materials in the automotive industry. This demand is driven by stringent environmental regulations, advancements in automotive design, and the rise of electric vehicles (EVs).
Fuel Efficiency and Emission Reduction: Automotive manufacturers are under pressure to reduce vehicle weight to improve fuel efficiency and meet stringent carbon emission regulations, particularly in Europe and North America. Glass fiber composites, being lightweight and durable, are seen as an ideal substitute for heavier materials like steel and aluminum.
Electric Vehicles (EVs): The rise of EVs is further driving the demand for lightweight materials. As EV batteries are heavy, manufacturers are increasingly using glass fiber composites in body panels, battery enclosures, and structural components to reduce overall vehicle weight and increase driving range.Global key players of automotive glass fiber composites include BASF, Lanxess, SABIC, Evonik, DSM, etc. The top five players hold a share over 29%. Asia-Pacific is the largest market, has a share about 43%, followed by Europe and North America, with share 30% and 22%, separately. In terms of product type, Thermoplastic Plastic Products is the largest segment, occupied for a share of 55%, and in terms of application, Interiors and Others has a share about 37 percent.
This report is a detailed and comprehensive analysis for global Automotive Glass Fiber Composites market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Automotive Glass Fiber Composites market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Automotive Glass Fiber Composites market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Automotive Glass Fiber Composites market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2020-2031
Global Automotive Glass Fiber Composites market shares of main players, shipments in revenue ($ Million), sales quantity (K Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive Glass Fiber Composites
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive Glass Fiber Composites market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, Lanxess, SABIC, Evonik, DSM, Avient, DuPont, DOMO Chemicals, Hexion, Celanese, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Automotive Glass Fiber Composites market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Thermosetting Plastic Products
Thermoplastic Plastic Products
Market segment by Application
Automotive Body & Roof Panels
Automotive Hood
Automotive Chassis
Interiors and Others
Major players covered
BASF
Lanxess
SABIC
Evonik
DSM
Avient
DuPont
DOMO Chemicals
Hexion
Celanese
RTP
Sumitomo Bakelite
Lotte Chemical
Daicel
Kolon
Denka
Kingfa
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive Glass Fiber Composites product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automotive Glass Fiber Composites, with price, sales quantity, revenue, and global market share of Automotive Glass Fiber Composites from 2020 to 2025.
Chapter 3, the Automotive Glass Fiber Composites competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive Glass Fiber Composites breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Automotive Glass Fiber Composites market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Glass Fiber Composites.
Chapter 14 and 15, to describe Automotive Glass Fiber Composites sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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