Glass Mat Market By Type (Fiberglass Mat, Nonwoven Glass Mat, Glass Filament Mat, Glass Chopped Strand Mat), By Manufacturing Process (Wet Lay-up Process, Spray-up Process, Resin Transfer Molding (RTM), Pultrusion Process), By End-Use Industry (Consumer Goods, Building & Construction, Electrical Equipment, Energy), and By Region; Global Insights & Forecast (2023 ? 2030)

As per Intent Market Research, the Glass Mat Market was valued at USD 1.5 billion in 2024-e and will surpass USD 2.8 billion by 2030; growing at a CAGR of 10.4% during 2025 - 2030.

The glass mat market is an essential part of the global composites and materials industry, primarily driven by the increasing demand for lightweight, high-strength materials in industries such as building and construction, automotive, and energy. Glass mats, composed of glass fibers, are widely used as reinforcement materials in composite products due to their excellent mechanical properties, durability, and cost-effectiveness. The market for glass mats has witnessed significant growth due to their versatility, especially in applications where high tensile strength, corrosion resistance, and thermal stability are crucial. These mats are increasingly being used in manufacturing components for various industries, including consumer goods, electrical equipment, and construction.

Technological advancements in the manufacturing processes and the development of new product formulations have contributed to the growth of the glass mat market. Additionally, the increasing focus on sustainable materials, combined with the ability of glass mats to be recycled and reused, has further fueled demand across multiple end-use industries. With the rise of the renewable energy sector, particularly in wind energy, and the growing need for durable and lightweight materials in the automotive and construction sectors, the glass mat market is positioned for continued expansion globally.

Fiberglass Mat is Largest Due to Its Versatility and Durability

Fiberglass mats hold the largest share in the glass mat market, owing to their versatility and durability. These mats are commonly used in applications that require a high level of mechanical strength, such as in automotive parts, construction materials, and electrical equipment. Fiberglass mats are typically made by combining fine strands of glass into a mat-like structure, which provides superior reinforcement for composite materials. Their widespread use is due to their ability to provide a lightweight yet durable solution for various industries, reducing weight without compromising strength.

In the automotive industry, fiberglass mats are used for manufacturing parts such as body panels, bumpers, and underbody shields, where high strength-to-weight ratios are critical. Additionally, the construction industry benefits from fiberglass mats in applications such as roofing, insulation, and wall reinforcement, where durability and resistance to moisture are key requirements. Fiberglass mats are also extensively used in the production of electrical equipment, where their insulating properties are valuable. As industries continue to prioritize lightweight, strong, and cost-effective materials, fiberglass mats are expected to maintain their dominance in the market.

Wet Lay-Up Process is the Fastest Growing Manufacturing Process

The wet lay-up process is the fastest-growing manufacturing method in the glass mat market, driven by its ability to produce high-quality, cost-effective products. This process involves the manual application of resin onto glass fibers or mats, which is then cured to form composite materials. The simplicity and flexibility of the wet lay-up process make it particularly attractive for low-volume production runs and applications where customization is needed.

The wet lay-up process is extensively used in the production of large components in industries such as automotive, construction, and energy. In automotive manufacturing, this method is employed for producing lightweight, high-strength composite components. Additionally, the construction industry benefits from the wet lay-up process for making durable and fire-resistant panels, roofing materials, and insulation. The growing demand for sustainable and durable materials is further contributing to the popularity of this manufacturing method, making the wet lay-up process a key growth driver in the glass mat market.

Building and Construction Sector Drives Largest Demand for Glass Mats

The building and construction sector is the largest end-user of glass mats, primarily driven by the increasing demand for lightweight and durable materials used in construction applications. Glass mats are widely used for reinforcing concrete and other construction materials, where they provide strength, moisture resistance, and thermal stability. In addition, the rise of sustainable construction practices, which prioritize energy efficiency and the use of recyclable materials, has further boosted the demand for glass mats.

Glass mats are used in various applications within the construction industry, including roofing, flooring, wall reinforcement, and insulation. They are particularly valued for their ability to improve the mechanical properties of construction materials without adding significant weight. The growing focus on green buildings and energy-efficient construction practices is expected to further enhance the demand for glass mats in the building and construction sector. As the global construction market continues to expand, especially in emerging economies, the glass mat market is set to benefit from increasing adoption in this industry.

North America and Europe Lead the Market with Strong Demand from Automotive and Energy Sectors

North America and Europe are the leading regions in the glass mat market, driven by strong demand from the automotive, energy, and construction sectors. In North America, the automotive industry is a significant contributor to the growth of the glass mat market, where the demand for lightweight composite materials for vehicle parts is rising. Additionally, the renewable energy sector in the region, particularly in wind energy, is driving demand for glass mats used in the production of wind turbine blades, where high-strength, lightweight materials are essential.

Europe is also a key market for glass mats, with the region’s growing focus on sustainable materials and green construction practices contributing to the increased use of glass mats in the building and construction industry. The automotive sector in Europe, which is increasingly adopting lightweight materials for improved fuel efficiency and performance, also plays a crucial role in driving the demand for fiberglass mats. As the focus on energy efficiency and sustainability continues to grow, both North America and Europe are expected to remain key regions for glass mat production and consumption.

Competitive Landscape and Leading Companies

The glass mat market is competitive, with several prominent players focused on developing advanced products and expanding their market share through innovation and strategic partnerships. Key companies operating in the market include Owens Corning, Saint-Gobain, Johns Manville, and Jushi Group, among others. These companies are investing heavily in research and development to create advanced glass mats with improved performance characteristics such as enhanced durability, fire resistance, and moisture resistance.

Competition in the market is driven by the demand for high-performance materials in automotive, construction, and energy applications. Companies are focusing on improving the efficiency of their manufacturing processes, reducing production costs, and developing eco-friendly products to meet growing environmental concerns. Additionally, strategic collaborations and acquisitions are common among leading players as they seek to expand their product portfolios and gain access to new markets. The glass mat market is expected to remain dynamic, with ongoing innovation and technological advancements shaping the competitive landscape.

Recent Developments:

  • In December 2024, Owens Corning announced an expansion of its fiberglass mat production facility to meet the rising demand from the automotive industry.
  • In November 2024, Saint-Gobain launched a new line of high-strength glass mats designed for use in wind turbine blades, improving energy efficiency.
  • In October 2024, PPG Industries revealed plans to increase its presence in the wind energy market by offering new types of glass mats optimized for turbine blade manufacturing.
  • In September 2024, Johns Manville acquired a leading glass fiber mat manufacturer to strengthen its position in the construction and insulation sectors.
  • In August 2024, Jushi Group introduced a novel glass mat material that significantly reduces manufacturing time in the automotive sector while maintaining durability.

List of Leading Companies:

  • Owens Corning
  • Jushi Group
  • Saint-Gobain
  • PPG Industries
  • Chongqing Polycomp International Corp.
  • Taiwan Glass Industry Corporation
  • Nittobo Co. Ltd.
  • Nippon Electric Glass Co. Ltd.
  • Lanxess
  • Johns Manville
  • Hubei Bochi New Material Co. Ltd.
  • Huntsman Corporation
  • AGC Inc.
  • Hexcel Corporation
  • Hubei Jusheng Technology Co. Ltd.

Report Scope:

Report Features

Description

Market Size (2024-e)

USD 1.5 billion

Forecasted Value (2030)

USD 2.8 billion

CAGR (2025 – 2030)

10.4%

Base Year for Estimation

2024-e

Historic Year

2023

Forecast Period

2025 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Glass Mat Market By Type (Fiberglass Mat, Nonwoven Glass Mat, Glass Filament Mat, Glass Chopped Strand Mat), By Manufacturing Process (Wet Lay-up Process, Spray-up Process, Resin Transfer Molding (RTM), Pultrusion Process), By End-Use Industry (Consumer Goods, Building & Construction, Electrical Equipment, Energy)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Owens Corning, Jushi Group, Saint-Gobain, PPG Industries, Chongqing Polycomp International Corp., Taiwan Glass Industry Corporation, Nittobo Co. Ltd., Nippon Electric Glass Co. Ltd., Lanxess, Johns Manville, Hubei Bochi New Material Co. Ltd., Huntsman Corporation, AGC Inc., Hexcel Corporation, Hubei Jusheng Technology Co. Ltd.

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Glass Mat Market, by Type (Market Size & Forecast: USD Million, 2023 – 2030)

   4.1. Fiberglass Mat

   4.2. Nonwoven Glass Mat

   4.3. Glass Filament Mat

   4.4. Glass Chopped Strand Mat

   4.5. Others

5. Glass Mat Market, by Manufacturing Process (Market Size & Forecast: USD Million, 2023 – 2030)

   5.1. Wet Lay-up Process

   5.2. Spray-up Process

   5.3. Resin Transfer Molding (RTM)

   5.4. Pultrusion Process

6. Glass Mat Market, by End-Use Industry (Market Size & Forecast: USD Million, 2023 – 2030)

   6.1. Consumer Goods

   6.2. Building & Construction

   6.3. Electrical Equipment

   6.4. Energy

   6.5. Others

7. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030)

   7.1. Regional Overview

   7.2. North America

      7.2.1. Regional Trends & Growth Drivers

      7.2.2. Barriers & Challenges

      7.2.3. Opportunities

      7.2.4. Factor Impact Analysis

      7.2.5. Technology Trends

      7.2.6. North America Glass Mat Market, by Type

      7.2.7. North America Glass Mat Market, by Manufacturing Process

      7.2.8. North America Glass Mat Market, by End-Use Industry

      7.2.9. By Country

         7.2.9.1. US

               7.2.9.1.1. US Glass Mat Market, by Type

               7.2.9.1.2. US Glass Mat Market, by Manufacturing Process

               7.2.9.1.3. US Glass Mat Market, by End-Use Industry

         7.2.9.2. Canada

         7.2.9.3. Mexico

    *Similar segmentation will be provided for each region and country

   7.3. Europe

   7.4. Asia-Pacific

   7.5. Latin America

   7.6. Middle East & Africa

8. Competitive Landscape

   8.1. Overview of the Key Players

   8.2. Competitive Ecosystem

      8.2.1. Level of Fragmentation

      8.2.2. Market Consolidation

      8.2.3. Product Innovation

   8.3. Company Share Analysis

   8.4. Company Benchmarking Matrix

      8.4.1. Strategic Overview

      8.4.2. Product Innovations

   8.5. Start-up Ecosystem

   8.6. Strategic Competitive Insights/ Customer Imperatives

   8.7. ESG Matrix/ Sustainability Matrix

   8.8. Manufacturing Network

      8.8.1. Locations

      8.8.2. Supply Chain and Logistics

      8.8.3. Product Flexibility/Customization

      8.8.4. Digital Transformation and Connectivity

      8.8.5. Environmental and Regulatory Compliance

   8.9. Technology Readiness Level Matrix

   8.10. Technology Maturity Curve

   8.11. Buying Criteria

9. Company Profiles

   9.1. Owens Corning

      9.1.1. Company Overview

      9.1.2. Company Financials

      9.1.3. Product/Service Portfolio

      9.1.4. Recent Developments

      9.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   9.2. Jushi Group

   9.3. Saint-Gobain

   9.4. PPG Industries

   9.5. Chongqing Polycomp International Corp.

   9.6. Taiwan Glass Industry Corporation

   9.7. Nittobo Co. Ltd.

   9.8. Nippon Electric Glass Co. Ltd.

   9.9. Lanxess

   9.10. Johns Manville

   9.11. Hubei Bochi New Material Co. Ltd.

   9.12. Huntsman Corporation

   9.13. AGC Inc.

   9.14. Hexcel Corporation

   9.15. Hubei Jusheng Technology Co. Ltd.

10. Appendix

A comprehensive market research approach was employed to gather and analyze data on the Glass Mat Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Glass Mat Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach -

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Glass Mat Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down -

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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