Owens Corning manufactures, develops, and markets roofing, insulation and fiberglass composites. The company is a major producer of asphalt roofing shingles and fiberglass insulation in North America. It offers roofing products like laminate asphalt shingles, roofing components, and oxidized asphalt. Its products are sold through distributors, home centers, lumberyards, retailers, and online platforms. Owens Corning serves various industries including transportation, defense, automotive, residential, commercial, industrial, power and energy. The company has operations in 31 countries.

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Owens Corning conducts its R&D activities primarily at its Science and Technology Center, located on approximately 500 acres of land owned by the company outside of Granville, Ohio. The center plays a crucial role in managing and advancing the company's R&D initiatives. This center consists of approximately 20 structures totaling more than 650,000 square feet. Additionally, the company has application development and other product and market-focused research and development centers in various locations. The expansion in product lines, especially in the roofing and insulation segments, has catered to evolving market demands and strict environmental standards. The introduction of EcoTouch, PINK, Fiberglas Insulation with PureFiber Technology, represents a leap in ecological product offerings, reinforcing the company’s commitment to sustainability and meeting consumer expectations for green products. In FY2025, the company incurred an expense of US$150 million on its R&D, which grew by 14.5%YoY and stood at 1.4% of its total revenue.