The Global Automotive Glass Fiber Reinforced Plastic Market was valued at USD 7.26 Billion in 2023 and is projected to reach USD 12.80 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period (2023–2032). This substantial growth is fueled by automakers’ urgent need for weight reduction solutions, stringent emissions regulations worldwide, and GRP composites’ superior strength-to-weight ratio compared to steel and aluminum.
As the automotive industry accelerates its electrification and sustainability initiatives, glass fiber reinforced plastics have become the material of choice for manufacturers seeking to balance performance, cost and environmental impact. In this analysis, we examine the Top 10 Companies in the Automotive Glass Fiber Reinforced Plastic Industry—innovators that are reshaping vehicle design through advanced composite technologies.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Ultramid® (PA), Ultradur® (PBT), Acrodur® thermosets
BASF leads the automotive composites market with one of the industry’s most comprehensive portfolios of glass fiber reinforced polymers. The German chemical giant supplies 60% of European automakers and has seen 45% growth in lightweight materials demand since 2019.
Innovation Highlights:
- 30% weight savings versus metal components across applications
- High-flow composites enabling complex EV battery housings
- Post-consumer recycled content programs achieving 75% material reuse
Download FREE Sample Report:
Automotive Glass Fiber Reinforced Plastic Market – View in Detailed Research Report
9️⃣ 2. SABIC
Headquarters: Riyadh, Saudi Arabia
Key Offering: STAMAX™ long glass fiber PP, ULTEM™ resins, LNP™ compounds
SABIC’s innovative glass fiber solutions enable automakers to reduce component weight by 20-50% while maintaining structural integrity. The company holds over 200 patents in automotive composites.
Innovation Highlights:
- Flame-retardant formulations meeting EV battery UL94 V-0 standards
- Low-warpage materials for large exterior body panels
- Closed-loop recycling partnerships with major OEMs
8️⃣ 3. Lanxess AG
Headquarters: Cologne, Germany
Key Offering: Durethan® polyamides, Pocan® polyesters
Specializing in high-performance engineering plastics, Lanxess supplies glass fiber reinforced materials for critical automotive applications requiring exceptional mechanical properties and thermal stability.
Innovation Highlights:
- Crash-optimized formulations with 40% glass fiber content
- Integrated processing technologies reducing cycle times by 30%
- Moisture-resistant solutions for under-hood components
7️⃣ 4. Solvay S.A.
Headquarters: Brussels, Belgium
Key Offering: Technyl® polyamides, composite material systems
With over 50 years in automotive composites, Solvay provides complete material solutions from glass fiber formulations to manufacturing process integration for structural vehicle components.
Innovation Highlights:
- Metal replacement solutions reducing component weight by 50%
- High-temperature resistant grades for e-mobility applications
- Co-development programs with 15+ global automakers
Download FREE Sample Report:
Automotive Glass Fiber Reinforced Plastic Market – View in Detailed Research Report
6️⃣ 5. PPG Industries
Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: Glass fiber reinforcements, composite materials
As a pioneer in fiberglass technology since 1938, PPG supplies foundational glass fiber materials to composite manufacturers worldwide, with 35% of production dedicated to automotive applications.
Innovation Highlights:
- Ultra-thin fibers (9 micron) for enhanced surface finish
- Compatible sizings for epoxy, polyurethane and thermoplastic matrices
- Global capacity expansions to meet growing EV demand
5️⃣ 6. Owens Corning
Headquarters: Toledo, Ohio, USA
Key Offering: Fiberglass reinforcements, composite solutions
Owens Corning manufactures automotive-grade glass fibers that meet the most stringent OEM specifications while supporting sustainability goals through reduced carbon footprint production.
Innovation Highlights:
- Low-dielectric formulations for radar-transparent components
- Hyglass® technology optimizing fiber-matrix adhesion
- Regional production facilities ensuring just-in-time delivery
4️⃣ 7. PolyOne Corporation (Avient)
Headquarters: Avon Lake, Ohio, USA
Key Offering: Specialty compounded materials, reinforced thermoplastics
PolyOne (now Avient) develops customized glass fiber reinforced compounds that balance mechanical performance with processing efficiency and sustainability.
Innovation Highlights:
- 40% glass-filled compounds for structural applications
- Recycled-content materials with OEM-approved performance
- Color-matched solutions eliminating secondary painting
3️⃣ 8. Teijin Limited
Headquarters: Osaka, Japan
Key Offering: CFRTP, glass fiber reinforced thermoplastics
Teijin combines Japanese engineering precision with advanced thermoplastic technologies to create lightweight composite solutions favored by Asian automakers.
Innovation Highlights:
- High-speed compression molding technologies
- 40% faster cycle times versus conventional composites
- Closed-loop recycling systems for production waste
2️⃣ 9. DSM Engineering Materials
Headquarters: Heerlen, Netherlands
Key Offering: EcoPaXX®, Arnite®, Stanyl® composites
DSM specializes in high-performance glass fiber reinforced materials that address unique automotive challenges from crash safety to electromagnetic shielding.
Innovation Highlights:
- Bio-based polyamide 410 from renewable sources
- EMI shielding formulations for sensitive electronics
- Thin-wall molding technologies reducing material usage
1️⃣ 10. Hexcel Corporation
Headquarters: Stamford, Connecticut, USA
Key Offering: Glass fiber reinforcements, hybrid composites
Hexcel brings aerospace composite expertise to automotive applications through advanced glass fiber technologies that deliver structural performance at accessible price points.
Innovation Highlights:
- Hybrid glass/carbon fiber solutions balancing cost/performance
- Optimized fabrics for resin transfer molding processes
- Crash energy management technologies
Get Full Report Here:
Automotive Glass Fiber Reinforced Plastic Market – View in Detailed Research Report
🚀 Outlook: The Future of Automotive GRP Converges Performance and Sustainability
The automotive glass fiber reinforced plastic sector stands at an inflection point as material innovations intersect with vehicle electrification and circular economy initiatives. While GRP already delivers significant weight savings versus metals, next-generation developments promise even greater advancements.
📈 Key Trends Shaping the Market:
- Accelerating adoption in battery enclosures and structural EV components
- Development of bio-based resins and recycled glass fiber reinforcements
- Smart composites integrating sensors for structural health monitoring
- Hybrid material systems combining GRP with carbon fiber and natural fibers
Transformative Developments in Automotive GRP Applications
- Multi-material vehicle architectures — Strategic placement of GRP components optimizes weight distribution while controlling costs
- Regional supply chain localization — Material producers establish manufacturing near automotive hubs to reduce logistics emissions
- Digital twin technologies — Advanced simulation tools predict composite performance throughout the vehicle lifecycle
- High-volume production methods — Innovations in compression molding and thermoplastic composites enable mass adoption
- End-of-life solutions — New chemical recycling processes recover glass fibers for reuse in automotive applications
Get Full Report Here:
Automotive Glass Fiber Reinforced Plastic Market – View in Detailed Research Report