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The global fiberglass market size is expected to grow from USD 27.5 billion in 2022 to USD 38.8 billion by 2027, at a CAGR of 7.1% during the forecast period.

The Worldwide Fiberglass Industry is Expected to Reach $38.8 Billion by 2027 - ResearchAndMarkets.com

The "Fiberglass Market by Glass Type (E-Glass, ECR-Glass, H-Glass, AR-Glass, S-Glass), Product Type (Glass Wool, Direct and Assembled Roving, Yarn, Chopped Strand), Application (Composites, Insulation) and Region - Global Forecast 2027" report has been added to ResearchAndMarkets.com's offering

By AP News
Published - Oct 31, 2022, 08:42 AM ET
Last Updated - Jun 14, 2024, 06:24 AM EDT

DUBLIN--(BUSINESS WIRE)--Oct 31, 2022--

The global fiberglass market size is expected to grow from USD 27.5 billion in 2022 to USD 38.8 billion by 2027, at a CAGR of 7.1% during the forecast period.

Fiberglass composites are being used in the construction & infrastructure, aerospace, wind energy, automotive, electronics, and other end-use industries. The increasing wind energy projects and demand of lightweight material from automotive industry support the demand for fiberglass in the wind energy and automotive end-use industry.

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