유리섬유 로빙 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 유형별, 제품별, 최종사용자별, 지역별 및 경쟁(2021-2031년)

The Global fiberglass roving market is anticipated to expand from USD 15.47 billion in 2025 to USD 23.11 billion by 2031, reflecting a compound annual growth rate (CAGR) of 6.92%. Composed of continuous glass filaments bundled together, fiberglass roving serves as a fundamental reinforcement in diverse composite manufacturing processes due to its exceptional versatility and high strength-to-weight ratio. This market expansion is primarily fueled by a rising need for strong yet lightweight materials in major industries, such as automotive and transportation, where improving fuel economy and lowering emissions are top priorities. Furthermore, the strong growth of the wind energy industry, particularly in manufacturing turbine blades, acts as a major catalyst. Data from the European Composites Industry Association indicates that roving accounted for more than 35% of all fiberglass used in composites in 2025, with heavy usage in Europe and the Asia-Pacific region highlighting its essential function in advancing energy efficiency.

In addition, the infrastructure and construction industries play a major role in driving market growth, drawn by the material's superior durability and resistance to corrosion. Despite these positive trends, a significant barrier to further market development is the fluctuating cost of raw materials, which has the potential to disrupt production expenses and squeeze profit margins across the industry.

Market Driver

The Global fiberglass roving market is heavily driven by surging demand within the wind energy industry, fueled by the steady worldwide growth of renewable energy projects. This material is indispensable for crafting strong, lightweight wind turbine blades that are crucial for optimizing operational efficiency and energy generation. As the industry requires larger, more resilient blades designed to endure severe weather conditions, the dependence on sophisticated composites like fiberglass roving continues to grow. Highlighting this trend, Vestas' Annual Report 2023, released in February 2024, revealed a record-breaking full-year order intake of 18.4 GW for wind turbines, pointing to vigorous growth in wind energy production and a reliably strong demand for fiberglass roving.

The growing use of fiberglass roving in construction and infrastructure applications serves as another major catalyst for the global market. Because it offers a high strength-to-weight ratio, long-lasting durability, and excellent resistance to corrosion, the material is highly sought after for creating tough pipes and panels, manufacturing composite rebars, and reinforcing concrete. Ultimately, these uses help reduce ongoing maintenance expenses while extending the lifespan of critical infrastructure. The American Composites Manufacturers Association noted in its "US Composites Market Monthly Insights October 2023" that the construction industry saw year-over-year growth of 5% to 6%, underscoring the rising reliance on composites in civil engineering and building projects. This momentum supports the wider glass fiber industry, which saw total volume demand hit 14.3 billion pounds in 2023 according to a February 2024 report by the same association.

Market Challenge

Unpredictable raw material pricing remains a significant obstacle for the global fiberglass roving market. Erratic shifts in the costs of crucial supplies, particularly the petrochemical derivatives necessary for resin production, immediately drive up manufacturing overhead. Consequently, producers struggle to keep fiberglass roving prices steady, leading to narrowed profit margins that can ultimately discourage investments in capacity growth and technological innovation.

This cost unpredictability creates widespread supply chain uncertainty, hampering long-term strategic planning and potentially stalling market expansion. Demonstrating this issue, Composites UK reported that in March 2026, the price of crude oil-a foundational upstream ingredient for petrochemicals used in composites-surged from roughly $60 to more than $100 per barrel. Such drastic hikes in basic material expenses directly inflate the total production costs for fiberglass roving, threatening its competitive edge against substitute materials across multiple consumer industries.

Market Trends

A heightened emphasis on environmental responsibility is spurring the creation and use of sustainable fiberglass roving, significantly impacting how products are designed and manufactured. Companies are consciously working to reduce their environmental impact across the entire lifecycle of their products, spanning from the initial sourcing of materials to final disposal. Driven by stricter regulations and consumer preference for eco-friendly alternatives, this movement includes adopting energy-saving manufacturing methods, creating recyclable fiberglass options, and utilizing bio-based resins. Illustrating this shift, the Owens Corning 2024 Sustainability Report released in April 2025 revealed that the firm successfully cut its total waste by 64,676 metric tons between 2023 and 2024, showcasing concrete achievements in green production.

The incorporation of artificial intelligence and digital technologies is radically reshaping the manufacturing of fiberglass roving, paving the way for highly intelligent and streamlined production facilities. This evolution involves leveraging machine learning, real-time data analysis, and sophisticated automation to refine every phase of operations, including quality assurance and material processing. By utilizing AI-powered predictive maintenance and digital twins, facilities can significantly boost operational flexibility and minimize unexpected downtime. Supporting this, an October 31, 2025, prospective study in Frontiers of Chemical Science and Engineering noted that adding AI to composite production processes could slash cycle times by up to 30%, lowering waste and maximizing efficiency. Embracing these advanced technologies is essential for companies aiming to stay competitive while satisfying the market's continuous need for dependable, top-tier fiberglass roving.

Key Market Players

• Taiwan Glass Industry Corporation
• PFG Fiberglass Corporation
• Reliance Industries Limited
• Nitto Boseki Co. Limited
• China National Building Material Company Limited
• Nippon Electric Glass Co Ltd
• Saint-Gobain Vetrotex
• BIL VYAPAR LIMITED
• AGY Holding Corporation
• Berkshire Hathaway Inc

Report Scope

In this report, the Global Fiberglass Roving Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Fiberglass Roving Market, By Product

• E
• ECR
• H
• AR
• S

Fiberglass Roving Market, By Product

• Single-end
• Multi-end
• Chopped

Fiberglass Roving Market, By End User

• Transportation
• Construction
• Electrical & Electronics
• Pipe & Tank
• Others

Fiberglass Roving Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Fiberglass Roving Market.

Available Customizations:

Global Fiberglass Roving Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Fiberglass Roving Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Type (E, ECR, H, AR and S)
  • 5.2.2. By Product (Single-end, Multi-end, Chopped)
  • 5.2.3. By End User (Transportation, Construction, Electrical & Electronics, Pipe & Tank, Others)
  • 5.2.4. By Region
  • 5.2.5. By Company (2025)
• 5.3. Market Map

6. North America Fiberglass Roving Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Type
  • 6.2.2. By Product
  • 6.2.3. By End User
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Fiberglass Roving Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Type
      • 6.3.1.2.2. By Product
      • 6.3.1.2.3. By End User
  • 6.3.2. Canada Fiberglass Roving Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Type
      • 6.3.2.2.2. By Product
      • 6.3.2.2.3. By End User
  • 6.3.3. Mexico Fiberglass Roving Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Type
      • 6.3.3.2.2. By Product
      • 6.3.3.2.3. By End User

7. Europe Fiberglass Roving Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Product
  • 7.2.3. By End User
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Fiberglass Roving Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Type
      • 7.3.1.2.2. By Product
      • 7.3.1.2.3. By End User
  • 7.3.2. France Fiberglass Roving Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Type
      • 7.3.2.2.2. By Product
      • 7.3.2.2.3. By End User
  • 7.3.3. United Kingdom Fiberglass Roving Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Type
      • 7.3.3.2.2. By Product
      • 7.3.3.2.3. By End User
  • 7.3.4. Italy Fiberglass Roving Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Type
      • 7.3.4.2.2. By Product
      • 7.3.4.2.3. By End User
  • 7.3.5. Spain Fiberglass Roving Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Type
      • 7.3.5.2.2. By Product
      • 7.3.5.2.3. By End User

8. Asia Pacific Fiberglass Roving Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Product
  • 8.2.3. By End User
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Fiberglass Roving Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Type
      • 8.3.1.2.2. By Product
      • 8.3.1.2.3. By End User
  • 8.3.2. India Fiberglass Roving Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Type
      • 8.3.2.2.2. By Product
      • 8.3.2.2.3. By End User
  • 8.3.3. Japan Fiberglass Roving Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Type
      • 8.3.3.2.2. By Product
      • 8.3.3.2.3. By End User
  • 8.3.4. South Korea Fiberglass Roving Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Type
      • 8.3.4.2.2. By Product
      • 8.3.4.2.3. By End User
  • 8.3.5. Australia Fiberglass Roving Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Type
      • 8.3.5.2.2. By Product
      • 8.3.5.2.3. By End User

9. Middle East & Africa Fiberglass Roving Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Product
  • 9.2.3. By End User
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Fiberglass Roving Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Type
      • 9.3.1.2.2. By Product
      • 9.3.1.2.3. By End User
  • 9.3.2. UAE Fiberglass Roving Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Type
      • 9.3.2.2.2. By Product
      • 9.3.2.2.3. By End User
  • 9.3.3. South Africa Fiberglass Roving Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Type
      • 9.3.3.2.2. By Product
      • 9.3.3.2.3. By End User

10. South America Fiberglass Roving Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Product
  • 10.2.3. By End User
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Fiberglass Roving Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Type
      • 10.3.1.2.2. By Product
      • 10.3.1.2.3. By End User
  • 10.3.2. Colombia Fiberglass Roving Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Type
      • 10.3.2.2.2. By Product
      • 10.3.2.2.3. By End User
  • 10.3.3. Argentina Fiberglass Roving Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Type
      • 10.3.3.2.2. By Product
      • 10.3.3.2.3. By End User

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Fiberglass Roving Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Taiwan Glass Industry Corporation
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. PFG Fiberglass Corporation
• 15.3. Reliance Industries Limited
• 15.4. Nitto Boseki Co. Limited
• 15.5. China National Building Material Company Limited
• 15.6. Nippon Electric Glass Co Ltd
• 15.7. Saint-Gobain Vetrotex
• 15.8. BIL VYAPAR LIMITED
• 15.9. AGY Holding Corporation
• 15.10. Berkshire Hathaway Inc

16. Strategic Recommendations

17. About Us & Disclaimer