Middle East & Africa Glass Mat Market Size & Outlook
The glass mat market in Middle East & Africa is expected to reach a projected revenue of US$ 135.2 million by 2030. A compound annual growth rate of 8.9% is expected of Middle East & Africa glass mat market from 2024 to 2030.
Revenue, 2023 (US$M)
$74.7
Forecast, 2030 (US$M)
$135.2
CAGR, 2024 - 2030
8.8%
Report Coverage
Middle East & Africa
Middle East & Africa glass mat market, 2018-2030 (US$M)
MEA glass mat market highlights
- The MEA glass mat market generated a revenue of USD 74.7 million in 2023.
- The market is expected to grow at a CAGR of 8.9% 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.
MEA data book summary
| Market revenue in 2023 | USD 74.7 million |
| Market revenue in 2030 | USD 135.2 million |
| Growth rate | 8.9% (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, MEA region accounted for 6.0% 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 |
|---|
Middle East & Africa glass mat market
Related regional statistics
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