Glass Mat Market Global Trends, Growth, Opportunities, Market Size Forecast to 2027


Posted July 19, 2021 by leonfrancis

Glass Mat Market By Mat Type (Chopped Strand Mat, Continuous Filament Mat), Binder Type (Emulsion Bonded Glass Mat, Powder Bonded Glass Mat)

 
Glass Mat Market By Mat Type (Chopped Strand Mat, Continuous Filament Mat), Binder Type (Emulsion Bonded Glass Mat, Powder Bonded Glass Mat), End- User (Construction & Infrastructure, Industrial Applications, Automotive & Transportation, Marine, Sports & Leisure Goods, Others), Application (Drywall Tape & Accessories, Flooring Enforcement, Wall Reinforcement, Roofing And Waterproofing, Insulation), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027Glass mat market is expected to reach USD 1,502.07 million by 2027 growing at a growth rate of 4.90% in the forecast period 2020 to 2027. Increasing demand for various end- industries and rising awareness about the advantages of the glass mat are the factors which will enhance the demand for glass mat in the forecast period of 2020 to 2027.Glass mat is a non-woven substance made of massively formed fiberglass which are usually evenly dispersed and bind together by organic additives. They have the ability to create fibres which are usually heat resistant and strong in nature. They are widely used in application such as construction & infrastructure, marine, sports & leisure, and other.

Growing demand for lightweight product in automotive & transportation industry will accelerate the market growth. They are also widely used in construction & infrastructure industries and in industrial application which is also anticipated to enhance the market growth. Increasing production of wind turbines blades will also accelerate the demand for the glass mat in the market. They also have ability to decrease the weight and provide better look as compared to the metal which will also drive the market growth. Availability of high performance alternatives and growth of cold mold application are some of the factors restraining the growth of glass mat in the forecast period of 2020 to 2027.

Global Glass Mat Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. This glass mat market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the glass mat market. To gain more info on Data Bridge Market Research glass mat market contact us for an Analyst Brief our team will help you take an informed market decision to achieve market growth.

Glass Mat Market Country Level Analysis:
Glass mat market is analyzed and market size, volume information is provided by mat type, binder type, end- user and application as referenced above.
The country section of the glass mat market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data. The countries covered in the glass mat market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America. Asia-Pacific region is expected to hold a dominant position amongst all of the regions worldwide, growing at the highest growth rate and holding the largest share in the glass mat market for the forecast period 2020 to 2027. This is due to growth in industrial & chemical industry and construction & infrastructure industry in the region.

Global Glass Mat Market Scope and Market Size:
Glass mat market is segmented on the basis of mat type, binder type, end- user and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of mat type, the glass mat market is segmented into chopped strand mat and continuous filament mat. Glass mat market on the basis of binder type is segmented into emulsion bonded glass mat and powder bonded glass mat. Glass mat market is also segmented on the basis of end- user into construction & infrastructure, industrial applications, automotive & transportation, marine, sports & leisure goods and others. Based on application, the glass mat market is segmented into drywall tape & accessories, flooring enforcement, wall reinforcement, roofing and waterproofing and insulation.
The major players covered in the glass mat report are Owens Corning, Braj Binani Group., ADFORS, TAIWAN GLASS IND. CORP, Nippon Electric Glass Co.,Ltd., China Beihai Fiberglass Co. Ltd., Jiangsu Changhai Composite Materials Co., Ltd., John Manville, KROSGLASS SA, Şişecam Group, Hitech Fibre Glass Mattings (P) Ltd., Jiangsu Jiuding New Materials Co., Ltd., Nitto Boseki Co., Ltd, RUBY MICA CO. LTD., among other domestic and global players. Market Share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Global Glass Mat Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Global Glass Mat Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model

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Last Updated July 19, 2021