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Glass Fibre Manufacturing in Germany - Market Research Report (2014-2029)

Ashkan Salim Ashkan Salim Frankfurt, Germany Last Updated: October 2024 WZ C23.14DE

Revenue

€1.1bn

2024

€1.1bn

Past 5-Year Growth

Profit

€XX.Xm

Employees

4,461

Businesses

31

Wages

€XXX.Xm

Glass Fibre Manufacturing in Germany industry analysis

Revenue in the glass fibre and glass fibre products manufacturing industry fell by an average of 1.7% per year between 2019 and 2024 and is expected to amount to EUR 1.1 billion in the current year. As the industry players predominantly produce insulation materials made of glass fibres, the industry's development is significantly influenced by the construction sector. In the telecommunications sector, on the other hand, glass fibres are used to transmit data and signals over long distances, while in the automotive industry, glass fibre-reinforced plastics are used as a lightweight and robust material to manufacture body parts and other components. In 2024, industry revenue is expected to fall by 0.9 %. This is primarily due to the European Central Bank's high key interest rate and the associated slowdown in construction activity, which will dampen demand for glass fibre products in the construction sector.

Trends and Insights

  • Glass fibres are likely to be increasingly used in combination with other materials in the future. The resulting composite materials have properties that the base material alone cannot offer. As a result, new areas of application can be opened up.
  • There is a trend in the industry towards bypassing wholesalers Manufacturers are increasingly selling their products directly to retailers.
  • The Süd region is particularly attractive for companies to relocate to due to its numerous research and development facilities. The proximity to these facilities gives companies better access to new technologies and innovation opportunities.
  • Industry companies are facing strong competition from imports. Large manufacturers are endeavouring to reduce their unit costs by achieving economies of scale in order to be able to offer competitive prices.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 1.7 % over the past five years, to reach an estimated €1.1bn in 2024.

Trends and Insights

Insulation materials made of glass fibres are a sustainable means of reducing the energy requirements of buildings

  • The increasing environmental awareness of the population in Germany as well as government regulations and support measures to reduce energy consumption are having a positive effect on the demand for insulation materials made of glass fibres.
  • Additional trends and insights available with purchase
Glass Fibre Manufacturing in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to decline over the next five years.

Trends and Insights

The trend towards sustainability will continue to have a strong influence on the industry in the coming years

  • In the coming years, the industry is expected to use more recycled materials in the manufacturing process in order to reduce the amount of waste. This includes the use of recycled glass, but also other materials such as resins and chemicals. In addition, the industry is expected to continue to emphasise sustainable product design, including the use of biodegradable materials.

Biggest companies in the Glass Fibre Manufacturing in Germany

Company
Market Share (%)
2024
Revenue (€m)
2024
Saint-Gobain Isover G+H AG
174.5
Knauf Insulation GmbH
135.5
Ursa Deutschland GmbH
76.8

To view the market share and analysis for all 5 top companies in this industry, view purchase options.

Products & Services Segmentation

Glass Fibre Manufacturing in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Glass and insulating mats, Optical glass fibres and various glass fibre products and Nonwovens made from glass fibres. Glass and insulating mats is the largest segment of the Glass Fibre Manufacturing in Germany.

Trends and Insights

The trend towards energy-efficient construction has resulted in a high demand for glass and insulating mats

  • Glass and insulating mats are flat, flexible materials that are mainly used as insulating material for thermal, acoustic and fire protection, but also as a reinforcing material for plastics and concrete. The fibres are processed into mats, which generally have a low density and high porosity to enable high thermal and sound insulation. They are often offered in the form of rolls or sheets and are available in various thicknesses and sizes.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

The companies in this sector manufacture glass fibre rovings and produce goods from glass fibres such as heat transfer materials, insulating mats and nonwovens. The industry definition does not include the production of fabrics made from glass fibres or glass fibre cables.

What's included in this industry?

Glass and insulating matsOptical glass fibres and various glass fibre productsNonwovens made from glass fibresGlass fibres and yarns

Companies

Saint-Gobain Isover G+H AGKnauf Insulation GmbHUrsa Deutschland GmbH

Purchase this report to view all 5 major companies in this industry.

Related Terms

5GADVANCED COMPOSITESDRAPABILITYEXPANDED POLYSTYRENE (EPS)EXTRUDED POLYSTYRENE (XPS)ROVINGSTAPLE FIBRE

Industry Code

WZ 2008

WZ 23.14 - Glass Fibre Manufacturing in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Glass fibres are likely to be increasingly used in combination with other materials in the future. The resulting composite materials have properties that the base material al...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

There is a trend in the industry towards bypassing wholesalers Manufacturers are increasingly selling their products directly to retailers.

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

The Süd region is particularly attractive for companies to relocate to due to its numerous research and development facilities. The proximity to these facilities gives compan...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Industry companies are facing strong competition from imports. Large manufacturers are endeavouring to reduce their unit costs by achieving economies of scale in order to be ...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

The market-leading companies are increasingly emphasising sustainability aspects. Knauf Insulation has launched Ecose, a new type of binder technology based on recycled mater...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Saint-Gobain Isover G+H AG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Knauf Insulation GmbH's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Ursa Deutschland GmbH's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 2 additional companies

Detailed analysis

  • Description and key data for Saint-Gobain Isover G+H AG, and factors influencing its performance in the industry
  • Description and key data for Knauf Insulation GmbH, and factors influencing its performance in the industry
  • Description and key data for Ursa Deutschland GmbH, and factors influencing its performance in the industry
  • Description, key data and performance trends for 2 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The slowdown in construction activity due to high interest rates is impacting demand for industry products. Due to lower construction activity, less glass wool is required as...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

In view of the shortage of skilled labour, companies are being forced to pay higher wages in order to recruit staff. The automation of processes is intended to save on person...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Glass Fibre Manufacturing industry in Germany in 2024?

The market size of the Glass Fibre Manufacturing industry in Germany is €1.1bn in 2024.

How many businesses are there in the Glass Fibre Manufacturing in Germany industry in 2024?

There are 31 businesses in the Glass Fibre Manufacturing industry in Germany, which has grown at a CAGR of 0.7 % between 2019 and 2024.

Has the Glass Fibre Manufacturing industry in Germany grown or declined over the past 5 years?

The market size of the Glass Fibre Manufacturing industry in Germany has been declining at a CAGR of 1.7 % between 2019 and 2024.

What is the forecast growth of the Glass Fibre Manufacturing industry in Germany over the next 5 years?

Over the next five years, the Glass Fibre Manufacturing industry in Germany is expected to decline.

What are the biggest companies in the Glass Fibre Manufacturing market in Germany?

The biggest companies operating in the Glass Fibre Manufacturing market in Germany are Saint-Gobain Isover G+H AG, Knauf Insulation GmbH and Ursa Deutschland GmbH

What does the Glass Fibre Manufacturing in Germany include?

Glass and insulating mats and Optical glass fibres and various glass fibre products are part of the Glass Fibre Manufacturing industry.

Which companies have the highest market share in the Glass Fibre Manufacturing in Germany?

The company holding the most market share in Germany is Saint-Gobain Isover G+H AG.

How competitive is the Glass Fibre Manufacturing industry in Germany?

The level of competition is moderate and steady in the Glass Fibre Manufacturing industry in Germany.

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Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.