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Global Fiberglass Roving Industry Trends: Where the Market Is Headed by 2029

November 13, 2025 by The Business Research Company

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How Is The Fiberglass Roving Market Size Likely To Evolve From 2025 Through 2034?

The fiberglass roving market has seen robust growth in recent years. It will increase from $9.53 billion in 2024 to $10.27 billion in 2025, with a CAGR of 7.8%. The historic growth was supported by construction and infrastructure projects, automotive demand, adoption in wind energy, marine manufacturing, and growing aerospace applications.

Anticipation surrounds the market for Fiberglass Roving, which is projected to experience robust expansion in the upcoming years, reaching a valuation of $14.2 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.4%. This forecasted upward trajectory is fueled by several key drivers, notably the global push towards renewable energy sources, the increasing adoption of lighter materials across transportation sectors, significant undertakings in infrastructure repair and renewal, innovations emerging from composites production techniques, and an escalating requirement for materials boasting superior performance characteristics. Within this projection timeframe, significant market dynamics are expected to involve expanding utilization across marine applications, the continued focus on infrastructure restoration efforts, strategic partnerships among leading industry participants, deeper market penetration within the Asia-Pacific region, and the growing necessity for tailored product solutions designed for distinct final applications.

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Which Drivers Are Shaping The Fiberglass Roving Industry’s Market Share?

Anticipated augmentation in the requirements originating from the wind power domain is poised to accelerate the expansion of the fiberglass roving market in the foreseeable future. This wind energy segment encompasses all activities related to designing, manufacturing, erecting, and servicing wind generation machinery and analogous power-generating apparatuses. Within this field, fiberglass roving facilitates the creation of more substantial wind turbine components, consequently boosting the power generation capacity of the units. It serves as a vital substance utilized by the wind power industry for crafting both the turbine housings and the rotor blades themselves. To illustrate this trend, data from the International Energy Agency, an organization based in France, indicated that in 2022, wind-derived electricity saw an exceptional surge of 265 TWh, signifying a 14 percent climb and exceeding a cumulative generation of 2,100 TWh; this growth rate was the second most significant recorded among all forms of renewable energy technology as of July 2023. Consequently, the escalating needs of the wind energy sector are serving as a key impetus for the progression of the fiberglass roving market.

What Are The Primary Types Of Segments Analyzed In The Fiberglass Roving Market?

The fiberglass roving market covered in this report is segmented –

1) By Product Type: Single-End Roving, Multi-End Roving, Chopped Roving

2) By Fiberglass Type: E-glass, ECR-glass, H-glass, AR-glass, S-glass

3) By Application: Electrical And Electronics, Transportation, Construction And Infrastructure, Pipes And Tanks, Energy, Other Applications

Subsegments:

1) By Single-End Roving: Standard Single-End Roving, High-Performance Single-End Roving

2) By Multi-End Roving: Standard Multi-End Roving, High-Strength Multi-End Roving

3) By Chopped Roving: Chopped Roving For Hand Lay-Up, Chopped Roving For Spray-Up, Chopped Roving For Pultrusion

What Key Innovation Trends Are Fueling Advancements In The Fiberglass Roving Market?

A significant trend dominating the fiberglass roving sector involves the introduction of new products, with key market players concentrating on pioneering offerings to solidify their standing. A prime example of this drive is the March 2023 introduction by Johns Manville, an American producer of engineered items, insulation, and roofing supplies, of StarRovLFTplus Fiberglass Roving, a direct roving specifically engineered for use in long fiber-reinforced thermoplastic (LFRT) systems, aiming to provide a robust and reliable option for structural needs within the automotive industry. Furthermore, concurrent with releasing StarRovLFTplus, Johns Manville established a collaborative agreement with Zhongbao Ruiheng Technology Co. Ltd., a Chinese composite materials producer, which is expected to bolster Johns Manville’s presence in the Chinese market by providing entry to different customers and deepening the company’s expertise in composites; the intended application arena for this product centers around automotive structural components like front-end carriers and bumper beams.

Who Are The Core Companies Influencing The Fiberglass Roving Market Landscape?

Major companies operating in the fiberglass roving market include Saertex GmbH, Saint-Gobain S.A., PPG Industries Inc., Owens Corning, China Jushi Co. Ltd., Nippon Electric Glass Co. Ltd., Taiwan Glass Industry Corporation, Johns Manville, Knauf Insulation, Nitto Boseki Co. Ltd., Chongqing Polycomp International Corporation, Jiangsu Jiuding New Material Co. Ltd., Chomarat Group, AGY Holdings Corp., 3B – the fiber glass company, Fiberlay Inc., Nittobo America Inc., Saint-Gobain Vetrotex, Taishan Fiberglass Inc., China Beihai Fiberglass Co. Ltd., PFG Fiberglass Corporation,P-D Glasseiden GmbH, Glass Fiber Technology Co. Ltd.

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Which Region Is Projected To Lead The Fiberglass Roving Market During The Forecast Period?

Asia-Pacific was the largest region in the fiberglass roving market in 2024. The regions covered in the fiberglass roving market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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