1 Global Glass Fiber Tissue Market Size (Revenue) and CAGR (2024-2033)
Global Glass Fiber Tissue market generated revenue of USD 871.59 Million in 2024 with a CAGR of 6.05% during 2024 to 2033.
This growth trend is mainly attributed to the expanding downstream applications and increasing demand, such as the growing reliance on glass fiber tissue in the construction, electronics, and automotive industries. Especially in the electronics sector, with the promotion of 5G communication technology and the replacement of electronic equipment, the demand for electronic grade glass fiber tissue has risen significantly, driving the market growth.
In addition, the rapid development of infrastructure construction also provides a wide market space for the glass fiber tissue market. In the construction field, glass fiber tissue is widely used in building bearing engineering reinforcement materials, internal and external wall insulation, waterproofing, and anti-cracking materials, etc. With the rapid growth in the total output value of the construction industry, the demand for glass fiber tissue as a basic construction material has also increased.
Figure Global Glass Fiber Tissue Market Size (M USD) Outlook (2024-2033)
2 Advances in Innovation and Technology for Glass Fiber Tissue
In recent years, the enterprises in the industry continue to carry out technological innovation and integration in the design of production line of large tank furnace with high melting rate, logistics automation and intelligence, waste heat utilization, development of large leakage plate, modification and recovery of wetting agent, detection and analysis of glass raw materials and formula development, and promote the continuous improvement and improvement of glass fiber technology. The continuous optimization of production process and technology has led to a continuous increase in the ceiling of production capacity, a significant reduction in energy consumption per unit product and the platinum loss rate of leakage plate, and a reduction in the number of production operators, which has greatly improved the production efficiency and product quality of glass fiber and reduced the unit cost of glass fiber.
3 Global Glass Fiber Tissue Market by Type in 2024
The global glass fiber tissue market is segmented into two primary product types: Wet-Laid Process and Dry-Laid Process.
In 2024, the Wet-Laid Process type held a significant market share, accounting for 92.47% of the total market, with a market size of 224.4 thousand tons. This process involves the formation of glass fiber tissue through a wet-lay process where raw materials are rinsed, mixed with adhesive, and then formed and dried by vacuum suction and filtration. The resulting product has characteristics such as low slag rate, short fiber, high density, and poor bending ability, making it suitable for applications requiring high strength and dimensional stability.
On the other hand, the Dry-Laid Process, which accounted for 7.53% of the market in 2024, involves melting the raw material, spraying it into cotton, and simultaneously applying binder and moisture-proof agents before drying. This process yields products with low density, long fiber, high yield, and excellent performance. The tensile strength of dry products is 2 to 3 times that of wet products with the same density, and they have lower thermal conductivity.
Table Global Glass Fiber Tissue Market Size and Share by Type in 2024
Type | 2024 Market Size (K Tons) | 2024 Market Share (%) |
|---|---|---|
Wet-Laid Process | 224.4 | 92.47 |
Dry-Laid Process | 18.3 | 7.53 |
Total | 242.7 | 100.00 |
4 Global Glass Fiber Tissue Market by Application in 2024
The glass fiber tissue market finds application across a variety of industries, each with its own market size and share. In 2024, the Floor Covering application held the largest market share, accounting for 28.47% of the total market, with a consumption of 69.1 thousand tons. Floor Covering applications benefit from the moisture-resistant, flexible, soft, warm, and sound-insulating properties of glass fiber tissue, making it ideal for use in homes and small businesses, especially when installed on concrete subfloors.
The Electronics & Automobiles application, which includes the use of glass fiber tissue in high-voltage laminates for printed circuit boards (PCBs), had a market share of 16.91% in 2024. This application is driven by the growing demand for electronic devices and the automotive industry’s shift towards electrification and high driving support. The excellent electrical resistance and insulation properties of glass fiber tissue make it a critical component in these applications.
The Plasterboard application, with a market share of 14.17% in 2024, utilizes glass fiber tissue for its superior weather resistance and tailored air permeability, which helps control slurry penetration and protect building walls from cracking. The Roof Material application, accounting for 22.30% of the market in 2024, benefits from the strength, dimensional stability, puncture resistance, and durability of glass fiber tissue, which are crucial for roofing applications.
In terms of growth rate, the Electronics & Automobiles application exhibited the fastest growth rate among all applications. The market consumption of this application was expected to grow at a CAGR of 6.88% from 2021 to 2029. This rapid growth is attributed to the expansion of the electronics industry and the high growth of the consumer electronics industry, which in turn increases the global demand for PCBs, thereby boosting the demand for glass fiber tissue in this application.
Table Global Glass Fiber Tissue Market Size and Share by Application in 2024
Application | 2024 Market Size (K Tons) | 2024 Market Share (%) |
|---|---|---|
Plasterboard | 34.4 | 14.17 |
Floor Covering | 69.1 | 28.47 |
Roof Material | 54.1 | 22.30 |
Electronics & Automobiles | 41.0 | 16.91 |
Others | 44.0 | 18.15 |
Total | 242.7 | 100.00 |
5 Global Glass Fiber Tissue Market by Region in 2024
The global glass fiber tissue market has been experiencing significant growth, driven by increasing demand from various industries such as construction, automotive, and electronics. In 2024, the market continued to expand, with different regions contributing to its overall growth.
In 2024, the global glass fiber tissue market was dominated by several key regions, each with its own unique market dynamics and growth drivers. Europe maintained its position as the largest market by revenue, accounting for a significant share of the global market. The region’s well-established construction and automotive industries, coupled with a strong focus on renewable energy, particularly wind energy, contributed to its robust market performance. The demand for glass fiber tissue in Europe was primarily driven by its use in lightweight and long rotor blades for wind energy installations, as well as in various construction applications such as gypsum board and roofing materials.
China emerged as the fastest-growing region in the market. The rapid industrialization and urbanization led to a surge in demand for glass fiber tissue in the construction and infrastructure sectors. The region’s growing automotive industry also played a crucial role in driving market growth, as glass fiber tissue is increasingly being used in automotive applications for weight reduction and improved fuel efficiency. Furthermore, the increasing adoption of renewable energy in China, especially in the form of wind and solar power, created a favorable market environment for glass fiber tissue manufacturers.
North America also contributed significantly to the global market, with the United States being a key market driver. The country’s construction industry, which is one of the largest in the world, provided a stable demand base for glass fiber tissue. Additionally, the growth of the electronics and automotive industries in the United States further boosted the market. The region’s focus on innovation and technological advancements also played a role in enhancing the performance and applications of glass fiber tissue, making it more attractive to end-users.
Overall, the global Glass Fiber Tissue market in 2024 was characterized by robust growth and regional diversity. The Asia-Pacific region led the market in terms of revenue, driven by its industrial prowess and technological advancements. The fastest-growing region was also the Asia-Pacific, reflecting its dynamic economic landscape and the increasing demand for high-performance materials in various industries. As the market continues to evolve, regional dynamics will play a crucial role in shaping the future of the Glass Fiber Tissue industry.
Table Global Glass Fiber Tissue Market Sales, Region Wise in 2024
Region | 2024 Market Size (K Tons) |
|---|---|
United States | 64.0 |
Europe | 75.3 |
China | 51.9 |
Japan | 12.5 |
India | 7.4 |
Southeast Asia | 8.9 |
Latin America | 8.9 |
Middle East & Africa | 5.1 |
6 Global Glass Fiber Tissue Market Top 3 Players
Ahlstrom-Munksjö is a leading global supplier of fiber-based materials, with a strong presence in the glass fiber tissue market. The company offers a wide range of products, including glass fiber nonwovens for wall-liners, which are made from chemically bonded, randomly dispersed glass fibers. These products are known for their uniform fiber dispersion, smooth surface, and excellent mold obedience, making them ideal for various applications such as construction and automotive. In 2024, Ahlstrom-Munksjö reported a revenue of 122.07 million USD, reflecting its strong market position and continuous growth in the glass fiber tissue sector.
Saint-Gobain is a multinational corporation that designs, manufactures, and distributes materials and solutions for multiple markets, including construction, mobility, healthcare, and general manufacturing. The company’s glass fiber tissue products are used in a variety of applications, such as wet laid and dry laid glass veil processes, which are essential for providing dimensional stability and tensile strength in roofing and other construction applications. Saint-Gobain’s commitment to innovation and quality has enabled it to maintain a significant share of the global glass fiber tissue market. In 2024, the company’s revenue in the glass fiber tissue segment reached 100.52 million USD, showcasing its robust business performance.
Johns Manville is a prominent manufacturer and marketer of premium-quality insulation and commercial roofing products, as well as glass fibers and nonwovens for various applications. The company’s fiberglass mats for bituminous roofing are particularly noteworthy, as they provide dimensional stability and tensile strength to flat roof systems, making them more durable and resistant to differential movements. Johns Manville’s extensive product portfolio and strong market presence have contributed to its success in the glass fiber tissue market. In 2024, the company achieved a revenue of 103.87 million USD in this segment, highlighting its continued growth and market leadership.
Table Global Glass Fiber Tissue Revenue Share of Top3 Players in 2022
Company | 2022 |
Ahlstrom-Munksjö | 15.62% |
Saint-Gobain | 12.86% |
Johns Manville | 13.29% |