Latin America Glass Mat Market Size & Outlook, 2023-2030
The glass mat market in Latin America is expected to reach a projected revenue of US$ 141.6 million by 2030. A compound annual growth rate of 8.2% is expected of Latin America glass mat market from 2024 to 2030.
Revenue, 2023 (US$M)
$81.8
Forecast, 2030 (US$M)
$141.6
CAGR, 2024 - 2030
8.2%
Report Coverage
Latin America
Latin America glass mat market, 2018-2030 (US$M)
Latin America glass mat market highlights
- The Latin America glass mat market generated a revenue of USD 81.8 million in 2023.
- The market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, chopped strand was the largest revenue generating mat type in 2023.
- Chopped Strand is the most lucrative mat type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 81.8 million |
| Market revenue in 2030 | USD 141.6 million |
| Growth rate | 8.2% (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, Latin America region accounted for 6.5% of the global glass mat market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 909.5 million by 2030.
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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 |
|---|
Latin America glass mat market
Related regional statistics
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