The Market Reports

Synopsis
The global market for Electronic Grade Fiber Glass was estimated to be worth US$ 2236 million in 2024 and is forecast to a readjusted size of US$ 3088 million by 2031 with a CAGR of 4.5% during the forecast period 2025-2031.
Glass fibers are the materials consisting of extremely fine glass fibers, used in making various products, such as yarns, fabrics, insulators, and structural objects or parts. It is also called spun glass. Glass fiber yarn is a long continuous length of interlocked glass fiber. Electronic glass fiber, also known as Electronic grade glass fiber cloth, is the key basic source material for electronic information, aerospace and other industries. It appears in almost every kind of electronic components, and is widely used in various fields of national economy and national defense industry. Electronic glass fiber cloth (short for electronic cloth) woven by electronic glass fiber is an essential basic material for copper clad plate (CCL) and printed circuit board (PCB) industry. Its performance largely determines the electrical, mechanical, dimensional stability and other important properties of CCL and PCB.
Global key electronic grade fiber glass players include Taishan Fiberglass(Sinoma), Taiwan Glass Group and Nittobo etc. The top 3 companies hold a share about 25%. Asia-Pacific is the largest market with a share about 53%, followed by Europe and North America. In terms of product, product for printed circuit boards is the largest segment with a share about 83%. And in terms of applications, the largest application is consumer electronics with a share about 47%.
The driving factors of the electronic grade glass fiber market mainly include the following aspects:
1. The continuous growth of the global electronic products market
With the popularization of consumer electronic products such as smartphones, computers, tablets, and the rapid development of emerging technologies such as smart wearable devices, the Internet of Things, and autonomous driving, the demand for high-performance, lightweight, and high-temperature resistant electronic grade glass fibers continues to increase. The continuous improvement in the performance of these electronic products has promoted the continuous growth of the electronic grade glass fiber market.
2. Policy support and industrial support
In order to promote the development of the new materials industry, governments of various countries have introduced a series of encouraging policies, such as R&D subsidies, tax incentives, and market access. These policies help reduce the production costs of enterprises and improve their innovation capabilities, thereby promoting the rapid development of the electronic grade glass fiber industry. In China, the government is also actively promoting the development of new materials industries such as electronic grade glass fiber, providing a good policy environment and market opportunities for the industry.
3. Technological innovation
Technological innovation is a key factor in promoting the development of the electronic grade glass fiber market. With the continuous advancement of science and technology, the production process and product quality of electronic grade glass fiber have been significantly improved. The application of new composite materials, nanotechnology and other new technologies has made electronic-grade glass fiber achieve breakthroughs in performance, strength, durability and other aspects, providing the market with more application scenarios and market demands. In addition, international technical exchanges and cooperation have also injected new vitality into the development of the electronic-grade glass fiber industry.
4. Urgent demand for domestic substitution
In the electronic information industry, domestic substitution has become a trend. With the continuous improvement of the technical strength of domestic enterprises and the intensification of market competition, more and more domestic enterprises have begun to get involved in the field of electronic-grade glass fiber and have achieved remarkable results. The urgent demand for domestic substitution has also promoted the rapid growth of the electronic-grade glass fiber market.
5. Promotion of new energy and lightweight automotive trends
The new energy field is an important growth point for the glass fiber industry. With the transformation of the global energy structure and the continuous development of new energy technologies, new energy industries such as wind power and photovoltaics will usher in rapid development opportunities. This will drive the continued growth in demand for glass fiber in the fields of wind turbine blades, photovoltaic backplanes, etc. In particular, the rapid development of offshore wind power will bring new market demand to the glass fiber industry. At the same time, lightweighting of automobiles is one of the important ways to reduce automobile fuel consumption and emissions. With the rapid development of new energy vehicles and the trend of lightweight vehicles, the application of glass fiber reinforced composite materials in the automotive field will continue to expand. In particular, in key components such as battery housings and body structures, glass fiber reinforced composite materials will play an important role. This will drive the continued growth in demand for glass fiber in the automotive field, thereby indirectly promoting the development of the electronic-grade glass fiber market.
In summary, the driving factors of the electronic-grade glass fiber market mainly include the continued growth of the global electronic product market, policy support and industrial support, technological innovation, the urgent need for domestic substitution, and the promotion of new energy and lightweight vehicle trends. These factors have jointly promoted the rapid development of the electronic-grade glass fiber market.
This report aims to provide a comprehensive presentation of the global market for Electronic Grade Fiber Glass, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electronic Grade Fiber Glass by region & country, by Type, and by Application.
The Electronic Grade Fiber Glass market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Grade Fiber Glass.
Market Segmentation
By Company
Taishan Fiberglass(Sinoma)
Taiwan Glass Group
Nittobo
Chongqing Polycomp International Corp. (CPIC)
Linzhou Guangyuan New Material Technology Co., Ltd
Grace Fabric Technology Co., Ltd
Saint-Gobain Vetrotex
AGY Holding Corp
Polotsk
BGF Industries
Binani-3B
Sichuan Weibo New Material Group
JPS Composite Materials Corp.
Sichuan Chang Yang Composites Company Limited
Segment by Type
For Printed Circuit Boards
For Special Composite Materials
Segment by Application
Building and Construction
Consumer Electronics
Automotive
Aerospace
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Electronic Grade Fiber Glass manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Electronic Grade Fiber Glass in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Electronic Grade Fiber Glass in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index