GVR Report cover Fiberglass Flooring Market Size, Share & Trends Report

Fiberglass Flooring Market Size, Share & Trends Analysis Report By Application (Residential, Commercial, Industrial), By Region (North America, Europe, Asia Pacific, Central & South America, Middle East and Africa), And Segment Forecasts, 2023 - 2030

  • Report ID: GVR-1-68038-730-8
  • Number of Pages: 75
  • Format: Electronic (PDF)

Fiberglass Flooring Market Size & Trends

The global fiberglass flooring market size was valued at USD 810.3 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2030. It is expected to witness immense growth on account of its rising usage in residential, commercial, and industrial applications. Construction growth in emerging countries such as China and India owing to rapid industrialization, population growth, and urbanization is likely to spur growth. Fiberglass is used as a backing material in vinyl flooring products including luxury vinyl tiles, vinyl composite tiles, and vinyl sheets. Fiberglass exhibits superior properties as compared to felt backing including non-allergen and longer lifespan, making it a viable option, which is anticipated to increase its share tremendously over the forecast period.

U.S. Fiberglass Flooring Market size and growth rate, 2023 - 2030

Rapid expansion and capacity addition by various industries including automobile manufacturing, telecom, and semiconductor coupled with the growing number of office buildings in the U.S. will spur the demand for fiberglass floorings. Moreover, the terminal expansion of Los Angeles Airport, Philadelphia Airport, and Newark Liberty Airport is likely to create substantial growth opportunities for the market over the next nine years.

The key driver for the industry is the growth of the construction sector. Factors such as growing population, rising per capita income coupled with the superior properties of fiberglass including the ease of installation, and excellent aesthetic value are expected to aid in the market expansion. Moreover, increasing demand for vinyl flooring with fiberglass backing is expected to augment its demand over the projected period.

Epoxy resins, polyester resins along with glass fiber are the primary raw materials used for manufacturing fiberglass along with difficulty in sourcing them are expected to serve as a major challenge for the flooring manufacturers over the forecast period and restrict growth for fiberglass. . These raw materials are derived from carbon compounds and petroleum. Fluctuating prices of raw materials

Regional Insights

Asia Pacific dominated the market and accounted for the largest revenue share of 32.9% in 2022 and is expected to grow at the fastest CAGR of 7.6% during the forecast period. The region is expected to show high gains on account of the growing usage of the product in the construction sector. Increasing demand for industrial parks, manufacturing & design centers for the industrial sector; malls, hotels, theme parks, and leisure centers for the commercial sector; hospitals and government and municipal offices for the utility sector; and buildings & houses for the residential sector; has resulted in the growth of the construction industry in the region.

Global Fiberglass Flooring Market share and size, 2022

The growing middle-class population and rapid economic development coupled with the rising disposable incomes mainly in developing countries including China, Thailand, Singapore, India, Vietnam, South Korea, and Indonesia are key factors expected to influence the fiberglass flooring market growth positively. Moreover, the presence of major construction companies such as Leighton Asia, DLF, Unitech, and NITTOC Construction will further aid in market growth.

Central & South America is anticipated to grow at a lucrative rate during the forecast period, in light of rising demand for residential buildings. In addition, the development of the “Bogota Urban Renewal” megaproject to establish Bogota as the financial, technological, and industrial capital of Latin America is expected to be a major factor influencing growth in the region.

Application Insights

The commercial segment accounted for the largest revenue share of 53.7% in 2022 and is expected to grow at the fastest CAGR of 5.7% during the forecast period. The growing requirement for office buildings, retail stores, shopping malls, hotels, cafes, hospitals, theme parks, and leisure centers will drive the demand for fiberglass floorings in the commercial construction sector over the forecast period. Residential construction is projected to witness substantial gains owing to the rising need for houses in emerging countries including China, India, Brazil, and South Africa.

Key Companies & Market Share Insights

Industry participants are focusing on partnerships to sustain and strengthen their positions in the global market.

Key Fiberglass Flooring Companies:

  • Mannington Mills, Inc.
  • Shaw Industries Group, Inc
  • Milliken
  • AWI Licensing LLC
  • Gerflor
  • Tarkett

Recent Developments

  • In July 2022, Real Floors Inc. stated that it would merge Arbour Contract Carpet with its family group of companies to create the leading American supplier of multifamily flooring solutions.

  • In August 2022, Owens Corning introduced a new PINK Next Gen Fibreglass insulation. Compared to the company's existing products, the new insulating solution enables installations to be completed up to 23% faster. By tightly weaving together soft, fine fibers, the new advanced fiber technology produces a layer of insulating micro-pockets that is supposed to be extremely robust.

  • In January 2021, Johns Manville announced the introduction of a thermal recycling system for used glass fibers. The system was supposed to save more than 10,000 tons of waste from entering landfills annually and had a predicted recycling efficiency of over three tons per hour.

Fiberglass Flooring Market Report Scope

Report Attribute


Market size value in 2023

USD 864.4 million

Revenue forecast in 2030

USD 1.22 billion

Growth rate

CAGR of 5.3% from 2023 to 2030

Base year for estimation


Historical data

2018 - 2021

Forecast period

2023 - 2030

Report updated

November 2023

Quantitative units

Volume in thousand square feet, revenue in USD million/billion, and CAGR from 2023 to 2030

Report coverage

Volume & Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Application, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; MEA

Country scope

U.S.; Canada; Mexico; U.K.; Germany; France; Italy; Spain; China; Japan; India; Taiwan;  South Korea; Brazil; Argentina; South Africa;  Saudi Arabia

Key companies profiled

MOHAWK INDUSTRIES, INC.; Mannington Mills, Inc.; Shaw Industries Group, Inc; NOX CORP.; Milliken; AWI Licensing LLC; Gerflor; Tarkett

Customization scope

Free report customization (equivalent up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options


Global Fiberglass Flooring Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global fiberglass flooring market report based on application, and region:

Global Fiberglass Flooring Market Report Segmentation

  • Application Outlook (Volume in Thousand Square Feet; Revenue in USD Million, 2018 - 2030)

    • Residential

    • Commercial

    • Industrial

  • Regional Outlook (Volume in Thousand Square Feet; Revenue in USD Million, 2018 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • U.K.

      • Germany

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • Japan

      • India

      • Taiwan

      • South Korea

    • Central & South America

      • Argentina

      • Brazil

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

Frequently Asked Questions About This Report

gvr icn


gvr icn

This FREE sample includes data points, ranging from trend analyses to estimates and forecasts. See for yourself.

gvr icn


We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. Contact us now

Certified Icon

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.