India fiberglass market size reached USD 486.4 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 990.1 Million by 2033, exhibiting a growth rate (CAGR) of 7.63% during 2025-2033. The inherent properties of fiberglass, such as corrosion resistance and durability, which make it a preferred choice in various industries, is primarily driving the market.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 486.4 Million |
Market Forecast in 2033 | USD 990.1 Million |
Market Growth Rate (2025-2033) | 7.63% |
Fiberglass is a composite material made from fine glass fibers woven into a mat or cloth and bonded with a polymer resin, typically epoxy or polyester. This versatile material combines the strength of glass with the flexibility of plastic, resulting in a lightweight and durable substance. Fiberglass is known for its excellent resistance to corrosion, chemicals, and weather, making it widely used in various industries, including construction, automotive, aerospace, and marine applications. Its high tensile strength and low weight make it an ideal choice for reinforcing structures, producing insulation, and crafting intricate shapes. Additionally, fiberglass is valued for its electrical insulating properties. Whether in boat hulls, automobile components, sports equipment, or insulation materials, fiberglass plays a crucial role in modern manufacturing due to its exceptional strength, versatility, and resistance to environmental factors.
The fiberglass market in India is experiencing robust growth, primarily driven by several key factors. To begin with, the escalating demand for lightweight and high-strength materials in various industries has propelled the widespread adoption of fiberglass. Additionally, the construction sector, a major consumer of fiberglass products, is witnessing a surge in activities in India, fueled by urbanization and infrastructure development. Furthermore, the automotive industry's increasing emphasis on fuel efficiency has led to a rising preference for fiberglass composites, as they contribute to reducing vehicle weight without compromising structural integrity. Moreover, the renewable energy sector is playing a pivotal role in boosting the fiberglass market. The growing focus on wind energy and the construction of wind turbines has increased the demand for fiberglass as a crucial component in the manufacturing of turbine blades. Simultaneously, the aerospace industry's constant pursuit of materials with superior performance characteristics has led to the incorporation of fiberglass in aircraft components. In conclusion, the fiberglass market in India is being driven by a confluence of factors, including the demand for lightweight materials, construction activities, automotive industry trends, renewable energy projects, and advancements in aerospace technology. This multifaceted growth is indicative of the versatile applications and increasing indispensability of fiberglass across diverse sectors.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on glass product type, glass fiber type, resin type, application, and end user.
Glass Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the glass product type. This includes glass wool, direct and assembles roving, yarn, chopped strand, and others.
Glass Fiber Type Insights:
A detailed breakup and analysis of the market based on the glass fiber type have also been provided in the report. This includes E-glass, A-glass, S-glass, AR-glass, C-glass, R-glass, and others.
Resin Type Insights:
The report has provided a detailed breakup and analysis of the market based on the resin type. This includes thermoset resin and thermoplastic resin.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes composites and insulation.
End User Insights:
The report has provided a detailed breakup and analysis of the market based on the end user. This includes construction, automotive, wind energy, aerospace and defense, electronics, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Glass Product Types Covered | Glass Wool, Direct and Assembles Roving, Yarn, Chopped Strand, Others |
Glass Fiber Types Covered | E-Glass, A-Glass, S-Glass, AR-Glass, C-Glass, R-Glass, Others |
Resin Types Covered | Thermoset Resin, Thermoplastic Resin |
Applications Covered | Composites, Insulation |
End Users Covered | Construction, Automotive, Wind Energy, Aerospace and Defense, Electronics, Others |
Regions Covered | North India, West and Central India, South India, East and Northeast India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: