Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass.

Glass fiber & 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.
Ore powder material and Chemical raw materials are the main raw materials for the production of glass fibers. With the development of glass fibers industry, raw materials’ manufacturers are also benefited from the glass fibers industry in some extent.
This industry is affected by the policy, so it’s important to put an eye on different countries policy.
We tend to believe this industry now is mature, and the consumption increasing degree will show a slowly rising curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.

The global Glass Fiber Reinforced Plastics (GFRP) Composites market was valued at 7150 million US$ in 2018 and will reach 9230 million US$ by the end of 2025, growing at a CAGR of 3.3% during 2019-2025.
This report focuses on Glass Fiber Reinforced Plastics (GFRP) Composites volume and value at global level, regional level and company level. From a global perspective, this report represents overall Glass Fiber Reinforced Plastics (GFRP) Composites market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Glass Fiber Reinforced Plastics (GFRP) Composites in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Glass Fiber Reinforced Plastics (GFRP) Composites manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

The following manufacturers are covered:
Owens Corning
Jushi Group
PPG Industries
CPIC
Taishan Fiberglass (Sinoma)
Advanced Glassfiber Yarns
Binani-3B
Johns Mansville
Nippon Electric Glass
Nittobo
Saint-Gobain Vetrotex

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
General-Purpose Glass Fibers
Special-Purpose Glass Fibers

Segment by Application
Building & Construction
Electronics
Transportation
Other