When fiberglass fabric is coated with neoprene and is put through a vulcanization process, the neoprene coated fiberglass fabric is formed. After being compounded with fiberglass fabric, the material is of a very high quality and can be widely used. It has not only the features of fiberglass fabric, but also of the neoprene coating. The product has many applications, such as anti-oxidation, anti-ozone, anti-corrosion, heat-resistance and so on. It can be used in special environments to make full use of these properties.