The global market for Glass Fiber Veils was estimated at US$986.1 Million in 2024 and is projected to reach US$1.4 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Glass Fiber Veils market.
Global 'Glass Fiber Veils' Market - Key Trends & Drivers Summarized
Why Are Glass Fiber Veils Gaining Popularity Across High-Performance Industries?
Glass fiber veils are increasingly being recognized as essential components in composite manufacturing due to their uniform texture, high tensile strength, and ability to improve surface finish and durability. Used extensively in automotive, construction, filtration, and electronics applications, these veils serve as surface layers that enhance the mechanical and aesthetic properties of fiber-reinforced composites. The growing emphasis on lightweight materials particularly in the transportation and aerospace sectors is contributing to a surge in demand for glass fiber veils. These materials are ideal for reducing weight without sacrificing performance, making them crucial in developing fuel-efficient vehicles and aircraft. Their excellent fire resistance, corrosion protection, and dimensional stability further make them a preferred material in infrastructure and utility industries.What Technological Advancements Are Improving Manufacturing Efficiency and Product Quality?
Ongoing technological innovation is playing a critical role in refining the production of glass fiber veils. Manufacturers are increasingly employing advanced spinning techniques, binder chemistry optimization, and surface treatment processes to produce veils with better consistency and performance. The introduction of non-woven continuous filament technology allows for more uniform fiber distribution and increased porosity control, enabling tailored properties for specific applications. Additionally, eco-friendly binders and resin compatibility enhancements are improving recyclability and sustainability an increasingly important factor in European and North American markets. These developments are making glass fiber veils more suitable for demanding environments, such as battery separators, circuit board laminates, and chemically aggressive settings, expanding their adoption.How Are Regional Markets and End-Use Sectors Fueling Demand for Glass Fiber Veils?
Asia-Pacific currently leads the global glass fiber veil market, driven by the booming construction and automotive sectors in China, India, and Southeast Asia. These countries are heavily investing in infrastructure modernization, public transit systems, and clean energy projects that demand durable and lightweight materials. In North America and Europe, stringent environmental regulations and advanced R&D ecosystems are driving the adoption of veils in energy-efficient buildings, electric vehicles, and wind turbine components. Meanwhile, the Middle East and Latin America are emerging as high-potential regions, thanks to industrial diversification initiatives and investments in desalination, oil & gas, and civil engineering all sectors where glass fiber veils provide long-term value. Across regions, filtration applications are also on the rise, driven by increasing concerns around air quality and water purification.What Are the Key Drivers and Market Challenges Going Forward?
The growth in the glass fiber veils market is driven by a growing preference for composite materials, advancements in production processes, and the global push for sustainable infrastructure. End-users in automotive, marine, and aerospace sectors continue to seek high-performance materials that meet durability standards while reducing environmental impact and lifecycle costs. However, the market faces challenges, including fluctuations in raw material prices, the need for skilled manufacturing expertise, and limited awareness of veil benefits in some developing regions. In addition, the competitive landscape includes alternatives like carbon fiber veils and natural fiber mats, which may limit growth in cost-sensitive markets. Nevertheless, the trend toward high-performance, environmentally friendly composites strongly positions glass fiber veils for long-term global expansion.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Wet Laid Process segment, which is expected to reach US$914.7 Million by 2030 with a CAGR of a 7.5%. The Dry Laid Process segment is also set to grow at 4.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $268.7 Million in 2024, and China, forecasted to grow at an impressive 9.9% CAGR to reach $292.4 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Glass Fiber Veils Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Glass Fiber Veils Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Glass Fiber Veils Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Ahlstrom-Munksjö, AOC Aliancys, Asahi Fiber Glass Co., Ltd., BGF Industries, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 41 companies featured in this Glass Fiber Veils market report include:
- Ahlstrom-Munksjö
- AOC Aliancys
- Asahi Fiber Glass Co., Ltd.
- BGF Industries
- Chongqing Polycomp Int'l
- CPIC (China Pacific Industry Corp)
- Chongqing Polycomp International
- Daicel Corporation
- DIC Corporation
- Dragon Fiberglass Company
- Fibertex Nonwovens
- Fuzhou Shengxin Nonwovens
- Jushi Group Co., Ltd.
- Johns Manville (JM)
- Lanxess AG
- Nitto Denko Corporation
- Owens Corning
- PPG Industries
- Saint-Gobain Vetrotex
- Shaanxi Jintong Special Fibers
- Shandong Chenhua New Material
- Taishan Fiberglass Inc.
- Taishan Fiberglass
- Teijin Limited
- Toray Industries, Inc.
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ahlstrom-Munksjö
- AOC Aliancys
- Asahi Fiber Glass Co., Ltd.
- BGF Industries
- Chongqing Polycomp Int'l
- CPIC (China Pacific Industry Corp)
- Chongqing Polycomp International
- Daicel Corporation
- DIC Corporation
- Dragon Fiberglass Company
- Fibertex Nonwovens
- Fuzhou Shengxin Nonwovens
- Jushi Group Co., Ltd.
- Johns Manville (JM)
- Lanxess AG
- Nitto Denko Corporation
- Owens Corning
- PPG Industries
- Saint-Gobain Vetrotex
- Shaanxi Jintong Special Fibers
- Shandong Chenhua New Material
- Taishan Fiberglass Inc.
- Taishan Fiberglass
- Teijin Limited
- Toray Industries, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 281 |
Published | June 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 986.1 Million |
Forecasted Market Value ( USD | $ 1400 Million |
Compound Annual Growth Rate | 6.2% |
Regions Covered | Global |