Global Glass Mat Market Size & Outlook, 2023-2030
The glass mat industry worldwide is expected to reach a projected revenue of US$ 2,244.0 million by 2030. A compound annual growth rate of 8.7% is expected of the worldwide glass mat industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,251.5
Forecast, 2030 (US$M)
$2,244.0
CAGR, 2024 - 2030
8.7%
Report Coverage
Worldwide
Global glass mat market, 2018-2030 (US$M)
Global glass mat market highlights
- The global glass mat market generated a revenue of USD 1,251.5 million in 2023 and is expected to reach USD 2,244.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.7% by 2030.
- In terms of segment, chopped strand accounted for a revenue of USD 1,251.5 million in 2023.
- Chopped Strand is the most lucrative mat type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 1,251.5 million |
| Market revenue in 2030 | USD 2,244.0 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Chopped strand |
| Fastest growing segment | Chopped Strand |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chopped Strand |
Other key industry trends
- In terms of revenue, the North America accounted for 23.1% of the global glass mat market in 2023.
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Glass Mat Market Scope
Glass mat market segmentation & scope
End Use
Construction
Automotive
Industrial
Marine
Others
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
UK
Spain
Sweden
Norway
Australia
China
India
Japan
South Korea
Thailand
Brazil
Argentina
Kuwait
Saudi Arabia
South Africa
UAE
Glass Mat Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global glass mat market size, by regions, 2018-2030 (US$M)
Related regional statistics
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