GF and GFRP Composites Market Size, Share, and Outlook, 2025 Report- By Type (General-Purpose Glass Fibers, Special-Purpose Glass Fibers), By Application (Transportation, Electronics, Construction, Sports, Others), 2018-2032

GF and GFRP Composites Market Outlook

GF and GFRP Composites Market Size is forecast to reach $46.1 Billion in 2032 from $35.7 Billion in 2025, at an optimistic growth rate of 3.7% from 2025 to 2032. The robust GF and GFRP Composites Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on GF and GFRP Composites Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (General-Purpose Glass Fibers, Special-Purpose Glass Fibers), By Application (Transportation, Electronics, Construction, Sports, Others). Over 70 tables and charts showcase findings from our latest survey report on GF and GFRP Composites Markets.

GF and GFRP Composites Market Insights, 2025: GF and GFRP Composites: Key Drivers and Opportunities

Glass fiber (GF) and glass fiber-reinforced plastic (GFRP) composites are gaining traction across industries due to their lightweight, high strength, and corrosion-resistant properties. A key driver for this market is the growing demand for lightweight materials in the automotive and aerospace sectors. With automakers under pressure to improve fuel efficiency and reduce carbon emissions, GFRP composites are increasingly replacing traditional metals in vehicle structures. Similarly, in aerospace, companies like Boeing and Airbus are incorporating GFRP components in aircraft to enhance performance while minimizing weight. The wind energy sector is another major consumer, utilizing GFRP composites for durable and lightweight turbine blades.

Opportunities in this market are expanding due to advancements in manufacturing processes such as resin transfer molding (RTM) and automated fiber placement (AFP). The construction industry is also adopting GFRP composites for bridge reinforcements, façade panels, and seawalls due to their corrosion resistance in harsh environments. Companies like Owens Corning and Hexcel Corporation are driving innovation by developing high-performance GFRP materials tailored for extreme conditions. Additionally, the increasing demand for sustainable composites has led to research into bio-based resins and recyclable GFRP materials, aligning with global sustainability goals.

Five Trends that will define global GF and GFRP Composites Market in 2025 and Beyond

A closer look at the multi-million global market for GF and GFRP Composites Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading GF and GFRP Composites Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the GF and GFRP Composites Industry?

The GF and GFRP Composites Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

GF and GFRP Composites Market Segment Insights

The GF and GFRP Composites Industry presents strong offers across categories. The analytical report offers forecasts of GF and GFRP Composites Industry performance across segments and countries. Key segments in the industry include- By Type (General-Purpose Glass Fibers, Special-Purpose Glass Fibers), By Application (Transportation, Electronics, Construction, Sports, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, GF and GFRP Composites Market size outlook is provided for 22 countries across these regions.

GF and GFRP Composites Industry Value Chain

The chapter identifies potential companies and their operations across the global GF and GFRP Composites Industry ecosystem. It assists decision-makers in evaluating global GF and GFRP Composites Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the GF and GFRP Composites Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific GF and GFRP Composites Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe GF and GFRP Composites Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for GF and GFRP Composites Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key GF and GFRP Composites Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US GF and GFRP Composites Market Insights- Executives are most excited about opportunities for the US GF and GFRP Composites Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US GF and GFRP Composites Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American GF and GFRP Composites Market.

Latin American GF and GFRP Composites Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa GF and GFRP Composites Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African GF and GFRP Composites Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern GF and GFRP Composites Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How GF and GFRP Composites Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Asahi Kasei Corp, BASF SE, Braj Binani Group, China Beihai Fiberglass Co. Ltd, China Jushi Co. Ltd, Chongqing Polycomp International Corp, Compagnie de Saint-Gobain SA, Nippon Electric Glass Co. Ltd, Owens Corning, Sinoma Science & Technology Co. Ltd.

GF and GFRP Composites Market Scope and Segmentation

By Type

General-Purpose Glass Fibers

Special-Purpose Glass Fibers

By Application

Transportation

Electronics

Construction

Sports

Others

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the GF and GFRP Composites Market Research-

Asahi Kasei Corp

BASF SE

Braj Binani Group

China Beihai Fiberglass Co. Ltd

China Jushi Co. Ltd

Chongqing Polycomp International Corp

Compagnie de Saint-Gobain SA

Nippon Electric Glass Co. Ltd

Owens Corning

Sinoma Science & Technology Co. Ltd

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
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• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
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