Top 6 Companies in Global Fiber Glass Market

Top 6 Companies in Global Fiber Glass Market

According to the research report, “Global Fiber Glass Market Outlook, 2029” published by Bonafide Research, the market is anticipated to cross USD 25 Billion by 2029, increasing from USD 18.41 Billion in 2023. The market is expected to grow with 6.21% CAGR by 2024-29. Ongoing research in fiber glass production techniques has led to improvements in efficiency and sustainability. Innovations such as continuous glass fiber manufacturing and eco-friendly resin formulations are revolutionizing the industry, reducing environmental impact and enhancing product quality. The fiber glass market exhibits robust growth fueled by increasing demand across key sectors. The construction industry remains a primary driver of demand, with fiber glass finding widespread use in insulation, roofing, and structural components.  

Largest Fiber Glass Market Companies in the World.

1. Compagnie de Saint-Gobain S.A.

Compagnie de Saint-Gobain S.A. is a French multinational corporation, founded in 1665 in Paris and headquartered on the outskirts of Paris, at La Défense and in Courbevoie. Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. These solutions are found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial application. Saint-Gobain is present in 76 countries with more than 160,000 employees. In Financial Year 2023 Sales is €47.9 Billion.

2. Nippon Electric Glass Co., Ltd

NEG was founded over half a century ago, in 1949. In the intervening years, the company has consistently focused on developing and improving its glassmaking technology and introducing new product. In F.Y. 2023 Net Sales is 279.9 Billion Yen. The Company's products include fluorescent light tubes, lenses for light-emitting diodes (LEDs), ceramic integrated circuits (IC) packages, bulbs for cathode ray tube (CRT) displays, and precision sheet glass for liquid crystal displays (LCDs).

3. Johns Manville Corporation

In 1858, at the age of 21, Henry Ward Johns founded the H.W. Johns Manufacturing Company in New York City. Berkshire Hathaway Inc. acquired JM on February 27, 2001. Johns Manville is a leading manufacturer and marketer of premium-quality insulation and commercial roofing, along with glass fibers and nonwovens for commercial, industrial, and residential applications. Global headquarters is in Denver, Colorado. The company also has 44 manufacturing facilities across North America and Europe.

4. Kcc Corporation

Kcc Corporation is based in Seoul, South Korea. The company operates in markets including Malaysia, Turkey, China, Vietnam, Russia, Japan, Hong Kong, Greece, India, Indonesia, Germany, Singapore, UAE and UK. Kcc Corporation was incorporated in 1958. KCC's product portfolio includes interior and exterior building materials; paints; silicones; high-tech materials such as window profiles, insulations, adhesives, and fiberglass. The company’s products find applications in shipbuilding, electronics, home appliances, industrial plants, automobile, and construction industries, among others.

5. AGC Inc

Asahi Glass was founded on 8 September 1907 by Toshiya Iwasaki, the second son of the second president of the original Mitsubishi zaibatsu. It was the first Japanese producer of sheet glass. Asahi Glass Co. is one of the largest flat glass producing companies in the world, owning Glaverbel glass plants across Europe and AFG Industries in North America. The company has business presence across Asia, the Middle East, Africa, the Americas and Europe. AGC is headquartered in Chiyoda-Ku, Tokyo, Japan.

6. Owens Corning

Founded in 1938 and based in Toledo, Ohio, USA, Owens Corning posted 2023 sales of $9.7 billion. Their products include insulation, roofing, and fiberglass composites, as well as related materials and products. The company's goal is to create energy-efficient solutions that improve comfort in commercial and residential buildings. It offers its products under various brand names such as PINK, Next Gen, FIBERGLAS, FOAMGLAS, Paroc, and FOAMULAR. The company has operations in North America, Europe, South and Central America, and Asia-Pacific regions. Owens Corning is headquartered in Toledo, Ohio, the US.

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