Automotive Glass Fiber Composites Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Automotive Glass Fiber Composites Market is segmented by Intermediate Type (Short Fiber Thermoplastic (SFT), Long Fiber Thermoplastic (LFT), Continuous Fiber Thermoplastic (CFT), and Other Intermediate Types), Application (Interior, Exterior, Structural Assembly, Power-train Components, and Other Applications), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The report offers the market size in value (USD billion) and forecasts for all the above segments.

Automotive Glass Fiber Composites Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Automotive Glass Fiber Composites Industry Overview

The automotive glass fiber composites market is mildly consolidated. Some major glass fiber composites market companies include Solvay Group, 3B (Braj Binani Group), Owens Corning, Veplas Group, and SAERTEX GmbH & Co.KG. Major players' product innovations aid the market. For instance,

In June 2022, Teijin Limited (Teijin) announced that glass fiber sheet molding compound (GF-SMC) produced by Teijin Automotive Technologies (TAT), a Teijin subsidiary in the United States, has been chosen for the pickup box of the 2022 Toyota Tundra Pickup truck for the North American market. TAT's plant in Seguin, Texas, manufactures the pickup boxes. The GF-SMC is a molding material composed of a sheet of glass fiber impregnated with a thermosetting resin. TAT's proprietary composite formulation and molding technologies are used to press-mold the Tundra pickup box in one piece.

Automotive Glass Fiber Composites Market Leaders

  1. 3B (Braj Binani Group)

  2. Owens Corning

  3. Solvay Group

  4. Veplas Group

  5. SAERTEX GmbH & Co.KG

  6. *Disclaimer: Major Players sorted in no particular order
Automotive Glass Fiber Composites Market Concentration