Automotive Glass Fiber Composites Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Automotive Glass Fiber Composites Market is Segmented by Intermediate Type (Short Fiber Thermoplastic (SFT), Long Fiber Thermoplastic (LFT), Continuous Fiber Thermoplastic (CFT), and Other Intermediate Types), Application (Interior, Exterior, Structural Assembly, Power-Train Components, and Other Applications), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The Report Offers the Market Size in Value (USD Billion) and Forecasts for all the Above Segments.

Automotive Glass Fiber Composites Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Automotive Glass Fiber Composites Market Size

Automotive Glass Fiber Composites Market (2024 - 2029)
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 5.50 %
Fastest Growing Market Europe
Largest Market Europe
Market Concentration High

Major Players

Automotive Glass Fiber Composites Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Automotive Glass Fiber Composites Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Automotive Glass Fiber Composites Market Analysis

The Automotive Glass Fiber Composites Market is expected to register a CAGR of greater than 5.5% during the forecast period.

The COVID-19 pandemic has severely impacted the automotive industry across the world. The disruptions in supply chain activities, the interruption in large-scale manufacturing, restrictions on travel, and the declining sales of vehicles during 2020, are responsible for the declining growth of the market. However, the surge in the manufacturing volume of passenger cars and hybrid electric vehicles was observed globally after the pandemic due to the easing of restrictions in the country. The market will cope with all the losses during the period and grow at a certain pace.

  • Over the long term, the major growth drivers associated with this market are the rise in automotive production and the increasing demand for durable and lightweight materials because of stringent government regulations to reduce greenhouse gas emissions.
  • The future of the global automotive glass fiber composites market looks bright, with opportunities in different automobile applications, such as interiors, exteriors, structural assembly, power-train and engine components, electrical and electronics, and others. The market for glass fiber composites in automobile structures is expected to be the fastest-growing segment due to the wide variety of applications.
  • Strategic alliances between car manufacturers, glass fiber, and resin suppliers are the trends that directly impact the dynamics of the automotive composites industry. Within the intermediates type, short fiber thermoplastic (SFT), long fiber thermoplastic (LFT), and continuous fiber thermoplastic (CFT) are the major ones that are used in automotive applications. SFT is expected to be the largest market by value, mainly driven by power-train and engine components applications, which feature small complex-shaped components.

Automotive Glass Fiber Composites Industry Overview

The automotive glass fiber composites market is mildly consolidated. Some major glass fiber composites market companies include Solvay Group, 3B (Braj Binani Group), Owens Corning, Veplas Group, and SAERTEX GmbH & Co.KG. Major players' product innovations aid the market. For instance,

In June 2022, Teijin Limited (Teijin) announced that glass fiber sheet molding compound (GF-SMC) produced by Teijin Automotive Technologies (TAT), a Teijin subsidiary in the United States, has been chosen for the pickup box of the 2022 Toyota Tundra Pickup truck for the North American market. TAT's plant in Seguin, Texas, manufactures the pickup boxes. The GF-SMC is a molding material composed of a sheet of glass fiber impregnated with a thermosetting resin. TAT's proprietary composite formulation and molding technologies are used to press-mold the Tundra pickup box in one piece.

Automotive Glass Fiber Composites Market Leaders

  1. 3B (Braj Binani Group)

  2. Owens Corning

  3. Solvay Group

  4. Veplas Group

  5. SAERTEX GmbH & Co.KG

  6. *Disclaimer: Major Players sorted in no particular order
Automotive Glass Fiber Composites Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Automotive Glass Fiber Composites Market News

  • November 2022: Solvay and Orbia announced a framework agreement for a joint venture to produce battery materials creating the largest capacity in North America. The total investment is estimated to be around USD 850 million, partially funded by a USD 178 million grant from the US Department of Energy to Solvay to build a facility in Augusta, Georgia. Solvay and Orbia intend to use two production sites in the southeastern United States, one for raw materials and the other for finished goods. Both plants will be fully operational by 2026.
  • October 2022: Solvay has introduced the SolvaLite SF200 surfacing film, a light tack film for paintable 'Class A' body panels. From October 17 to 20, 2022, the new product was officially introduced at the Composite and Advanced Materials Expo (CAMX) in Anaheim, California. SolvaLite SF200 is designed for large body panels on premium sports and other high-end vehicles. It is an addition to Solvay's new SolvaLite 714 Prepregs, which are available in various unidirectional carbon fiber reinforced and woven-fabric formats for automotive and high-volume press-cure applications.
  • February 2022: Teijin Automotive Technologies announced the commencement of commercial operation of its new manufacturing facility in Wujin National Hi-Tech Industrial Zone, China. The company also unveiled the construction of its third plant in China, in Shenyang, to cater to the surging demand for electric vehicles.

Automotive Glass Fiber Composites Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION ( Value in USD Billion/Million)

  • 5.1 Intermediate Type
    • 5.1.1 Short Fiber Thermoplastic (SFT)
    • 5.1.2 Long Fiber Thermoplastic (LFT)
    • 5.1.3 Continuous Fiber Thermoplastic (CFT)
    • 5.1.4 Other Intermediate Types
  • 5.2 Application
    • 5.2.1 Interiors
    • 5.2.2 Exteriors
    • 5.2.3 Structural Assembly
    • 5.2.4 Power-train Components
    • 5.2.5 Others
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 United Arab Emirates
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 Solvay Group
    • 6.2.2 3B (Braj Binani Group)
    • 6.2.3 Owens Corning
    • 6.2.4 Jiangsu Changhai Composite Materials
    • 6.2.5 Veplas Group
    • 6.2.6 SAERTEX GmbH & Co.KG
    • 6.2.7 ASAHI FIBER GLASS Co., Ltd.
    • 6.2.8 Nippon Sheet Glass Company, Limited
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Automotive Glass Fiber Composites Industry Segmentation

Glass-fiber composite is a type of fiber-reinforced polymer composite. Glass-fiber composite holds good properties such as low density, high strength, and easy processing, so widely used in automotive applications for increased fuel efficiency with reduced emissions.

The automotive glass fiber composites market has been segmented by intermediate type (short fiber thermoplastic (SFT), long fiber thermoplastic (LFT), continuous fiber thermoplastic (CFT), and other intermediate types), application (interior, exterior, structural assembly, power-train components, and others), and geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa).

The report offers the market size in value (USD Billion) and forecasts for all the above segments.

Intermediate Type Short Fiber Thermoplastic (SFT)
Long Fiber Thermoplastic (LFT)
Continuous Fiber Thermoplastic (CFT)
Other Intermediate Types
Application Interiors
Exteriors
Structural Assembly
Power-train Components
Others
Geography North America United States
Canada
Rest of North America
Europe Germany
United Kingdom
France
Rest of Europe
Asia-Pacific China
Japan
India
Rest of Asia-Pacific
South America Brazil
Rest of South America
Middle-East and Africa United Arab Emirates
South Africa
Rest of Middle-East and Africa
Need A Different Region or Segment?
Customize Now

Automotive Glass Fiber Composites Market Research Faqs

What is the current Automotive Glass Fiber Composites Market size?

The Automotive Glass Fiber Composites Market is projected to register a CAGR of greater than 5.5% during the forecast period (2025-2030)

Who are the key players in Automotive Glass Fiber Composites Market?

3B (Braj Binani Group), Owens Corning, Solvay Group, Veplas Group and SAERTEX GmbH & Co.KG are the major companies operating in the Automotive Glass Fiber Composites Market.

Which is the fastest growing region in Automotive Glass Fiber Composites Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Automotive Glass Fiber Composites Market?

In 2025, the Europe accounts for the largest market share in Automotive Glass Fiber Composites Market.

What years does this Automotive Glass Fiber Composites Market cover?

The report covers the Automotive Glass Fiber Composites Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Automotive Glass Fiber Composites Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Automotive Glass Fiber Composites Industry Report

Statistics for the 2025 Automotive Glass Fiber Composites market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Automotive Glass Fiber Composites analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.