Global Glass Mat Market – Industry Analysis and Forecast (2017-2024) _ by Mat Type (Continuous Filament and Chopped Strand Mat), by Binder Type (Emulsion and Powder Bonded Glass Mat), by End-Use Industry (Construction Infrastructure, Automotive, Industrial Chemical, Marine, Sports Leisure and Others), and by Geography (North America, Europe, Asia Pacific, Middle East Africa and Latin America)
Glass mat is a semi-finished product in the form of panel. It exhibits better mechanical properties due to its higher residual length of the glass strands. Glass mat is usually used as a substitute for metals such as steel and aluminum.
Glass Mat Market valued USD 391.5 Billion in 2016 and expected to reach USD 569.67 Billion by 2024, at a CAGR of 4.8%.
Please click the link to find report description and Table of Content in detail Global Glass Mat Market : Global Industry Analysis and Forecast 2024
Report includes assessment of Global Glass Mat Market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the mat type, binder type, end-use industry and geography to assist in strategic business planning.
The large use of Global Glass Mat Market in industrial applications and construction infrastructure industries and growing demand for lightweight products in the automotive transportation industry is expected to propel market growth during the forecast period.
The chopped strand mat segment is expected to witness significant market growth:
This is due to its wide applications in recreational, transportation, industrial, marine and construction end-use industries.
The emulsion based glass mat segment is estimated to grow at a high CAGR during the forecast period:
As it gives better surface bonding efficiency, better aesthetics to composite parts, better handling properties and easy to process as compared to powder bonded Global Glass Mat Market.
Asia Pacific is expected to hold a major chunk of the market during the forecast period:
This is due to increasing use of glass mats in industrial applications and construction infrastructure industries across countries such as India and China.
Scope of the Report:
Global Glass Mat Market, By Mat Type: Continuous Filament Mat and Chopped Strand Mat
Global Glass Mat Market, By Binder Type: Emulsion Bonded Glass Mat and Powder Bonded Glass Mat
Global Glass Mat Market, By End-Use Industry: Construction Infrastructure, Automotive, Industrial Chemical, Marine, Sports Leisure and Others
Global Glass Mat Market, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and Latin America
Global Glass Mat Market marketplace is growing with the presence of major companies holding a large market share.
Some of them operating in the Global Glass Mat Market are given underneath:
• Owens Corning (US)
• Jushi Group Co. Ltd. (China)
• Chongqing Polycomp International Corporation (China)
• Taiwan Glass Ind Corp. (Taiwan)
• Binani Industries Limited (India)
• Saint-Gobain S.A. (France)
• Nippon Electric Glass Co., Ltd. (Japan)
• China Beihai Fiberglass Co., Ltd (China)
• Superior Huntingdon Composites Co., LLC (US)
• Jiangsu Changhai Composite Materials Co., Ltd. (China)
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