Automotive Glass Fiber Composites Market Global Report 2026

The automotive glass fiber composites market size has grown strongly in recent years. It will grow from $3.13 billion in 2025 to $3.33 billion in 2026 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to increasing demand for vehicle weight reduction, rising adoption of corrosion-resistant materials, growing vehicle production, increasing demand for durable automotive components, and rising use of glass fiber composites in structural applications.

The automotive glass fiber composites market size is expected to see strong growth in the next few years. It will grow to $4.31 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to increasing demand for lightweight electric vehicle components, growing preference for high-strength composite materials, rising demand for recyclable composite materials, increasing adoption of advanced resin systems, and expanding use of glass fiber composites in automotive interiors and exteriors. Major trends in the forecast period include increasing demand for lightweight glass fiber composite components, rising preference for corrosion-resistant automotive composites, growing demand for high-strength glass fiber-reinforced materials, increasing adoption of impact-resistant composite components, and rising demand for design-flexible automotive composite parts.

The rising production of electric vehicles (EVs) is expected to propel the growth of the automotive glass fiber composites market in the coming years. Electric vehicles (EVs) are automobiles powered wholly or partially by electric motors using rechargeable battery systems instead of conventional internal combustion engines. The increasing production of electric vehicles is driven by growing environmental concerns, as they produce lower emissions than conventional vehicles and support the transition toward cleaner and more sustainable transportation, along with supportive government policies and incentives. Rising production of electric vehicles drives demand for automotive glass fiber composites by increasing the need for lightweight, high-strength, and cost-effective materials that enable improved vehicle range, enhanced structural integrity, superior thermal and acoustic insulation, and greater design flexibility for EV components such as battery enclosures, underbody shields, and interior parts. For instance, in January 2025, according to Cox Automotive, a US-based system software company, new electric vehicle sales totaled 102,243 units, marking a 29.9% increase compared to the same period last year. Therefore, the rising production of electric vehicles (EVs) is driving the growth of the automotive glass fiber composites market.

Major companies operating in the automotive glass fiber composites market are concentrating on developing innovative glass-fiber composite components, such as glass-fiber reinforced leaf springs and battery case components, to reduce vehicle weight, improve structural performance, and support the adoption of lightweight materials in automotive applications. Glass-fiber reinforced composites are advanced materials that combine glass fibers with a polymer matrix to deliver high strength, stiffness, durability, and weight reduction compared with conventional metal components, making them suitable for structural and electric vehicle applications. For instance, in May 2025, SGL Carbon, a Germany-based carbon and composite materials company, announced that its facility in Ort im Innkreis, Austria, received Q1 status from Ford Motor Company for its production of fiber-reinforced composite automotive components. The facility manufactures large-series composite components, including glass-fiber-based composite leaf springs and battery case components, and has supplied Ford with glass-fiber composite leaf springs for multiple vehicle models, including the Ford Transit.

In February 2025, ASC Investment, a France-based investment company, acquired Faurecia Automotive Composites SAS from Forvia SE for an undisclosed amount. Through this acquisition, ASC Investment aimed to strengthen its position in the automotive composites sector by ensuring operational continuity, expanding its capabilities in lightweight composite solutions, and supporting the growth of the acquired business under the new Compositec brand while continuing to serve existing and future customers. Faurecia Automotive Composites SAS is a France-based automotive manufacturing company specializing in the development and production of automotive glass fiber composites.

Major companies operating in the automotive glass fiber composites market are BASF SE, Compagnie de Saint-Gobain SA, Celanese Corporation, Owens Corning, Lanxess AG, Mitsubishi Chemical Group Corporation, Toray Industries Inc, Teijin Limited, Arkema SA, DuPont de Nemours Inc, Asahi Kasei Corporation, Johns Manville Corporation, Jushi Group Co Ltd, Nippon Electric Glass Co Ltd, Nitto Boseki Co Ltd, Hexcel Corporation, SGL Carbon SE, Magna International Inc, Samvardhana Motherson International Limited, OPmobility SE, Minth Group Limited, LG Chem Ltd, Daicel Corporation, Denka Company Limited, Exel Composites Oyj.

Asia-Pacific was the dominant region in the automotive glass fiber composites market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the automotive glass fiber composites market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive glass fiber composites market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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