Glass Mat Market by Mat Type (Chopped Strand, Continuous Filament), Binder Type (Emulsion, Powder), End-Use Industry (Construction & Infrastructure, Automotive & Transportation, Industrial & Chemical, Marine), and Region - Global Forecast to 2022

  • ID: 4333273
  • Report
  • Region: Global
  • 141 Pages
  • Markets and Markets
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The Glass Mat Market is Projected to Reach USD 1,238.5 Million by 2022, at a CAGR of 4.83% Between 2017 and 2022

FEATURED COMPANIES

  • Binani Industries Limited
  • Johns Manville GmbH
  • Krosglass S.A.
  • Other Key Players
  • P-D Glasseiden GmbH
  • Sisecam A.S.
  • MORE

“Glass mat market projected to register a CAGR of 4.83% during forecast period”

The glass mat market is projected to reach USD 1,238.5 million by 2022, at a CAGR of 4.83% between 2017 and 2022. The major driver stimulating the glass mat market is the high demand from the construction & infrastructure industry, as glass mat composites provide better properties such as superior aesthetics quality and durability along with low maintenance cost. However, automation in various end-use industries is leading to replacement of glass mat with glass fabrics and roving.

“Industrial & chemical is the fastest-growing application segment in terms of value”

Glass mats are widely used in manufacturing oil & gas composite components. Glass mat is the leading type of reinforcement used in various oil & gas applications, such as piping systems, risers, gratings, tanks, casing, tubing, cable trays, ladders, and walkways. It is also used extensively for various tanks applications, such as chemicals, oil & gas, water and wastewater treatment plants, and pulp & paper. There is a significant rise in the use of glass mat composites in pressure vessels and cylinders due to its lightweight properties. All these factors are driving the glass mat market in the industrial & chemical application segment.

“Asia Pacific is fastest-growing glass mat market”

Asia Pacific is expected to be the fastest-growing market for glass mat in the next five years. The market in this region is driven by the increasing consumption of glass mat composites in various industries such as construction & infrastructure, industrial & chemical, and automotive. China leads the market in Asia Pacific. The industrial & chemical industry dominates the demand for glass mats in the country.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into following three categories:

  • By Company Type: Tier 1 - 37%, Tier 2 - 27%, and Tier 3 - 36%
  • By Designation: C Level - 46%, Director Level - 36%, and Others - 18%
  • By Region: North America - 27%, Europe - 37%, Asia Pacific - 27%, and RoW - 9%

The report provides comprehensive analysis of company profiles listed below:

  • Owen Corning (US)
  • Jushi Group Ltd. (China)
  • Chongqing Polycomp International Corporation (China)
  • Taiwan Glass Ind Corp. (Taiwan)
  • Binani Industries Limited (India)
  • Saint-Gobain S.A. (France)
  • China Beihai Fiberglass Co., Ltd (China)
  • Superior Composites Co, LLC (US)
  • Nippon Electric Glass Co. Ltd. (Japan)
  • Jiangsu Changhai Composite Materials Co., Ltd (China)

Research Coverage:

This report covers the market for glass mat and forecasts the market size until 2021. The report includes the market segmentation by mat type (continuous filament, chopped strand), binder type (emulsion bonded, powder bonded), end-use industry (construction & infrastructure, automotive, industrial & chemical, marine, sports & leisure and others), and region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa). Porter’s five analyses along with drivers, restraints, challenges and opportunities have been discussed in the report. It also provides company profiles and competitive strategies adopted by major players in the glass mat market.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market in the following ways:

  • This report segments the glass mat market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different verticals and regions.
  • The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
  • This report will help stakeholders better understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, exhibitions, and mergers & acquisitions.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Binani Industries Limited
  • Johns Manville GmbH
  • Krosglass S.A.
  • Other Key Players
  • P-D Glasseiden GmbH
  • Sisecam A.S.
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Significant Opportunities in Glass Mat Market, 2017-2022
4.2 Glass Mat Market, By End-Use Industry
4.3 Global Glass Mat Market, By End-Use Industry and Country
4.4 Glass Mat Market, By Mat Type
4.5 Glass Mat Market Growth, By Country (Value)
4.6 Glass Mat Market Size, By Binder Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in the Use of Glass Mats in Industrial Applications and Construction & Infrastructure Industries
5.2.1.2 Increase in Demand for Lightweight Products in the Automotive& Transportation Industry
5.2.1.3 Increasing Demand From Open Mold Applications in Emerging Countries
5.2.2 Restraints
5.2.2.1 Automation in Various Industries is Diverting the Usage of Glass Mats to Other Glass Fabrics and Roving
5.2.2.2 Rapid Growth of Close Mold Applications in Developed Regions
5.2.3 Opportunities
5.2.3.1 Penetration of Composite Material in Emerging Economies
5.2.3.2 Growing Demand From Emerging Markets Due to Growth of Many End -Use Industries
5.2.4 Challenges
5.2.4.1 No Major Research and Technical Advancements
5.2.4.2 High-Performance Substitutes
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry

6 Macroeconomic Overview and Key Drivers
6.1 Introduction
6.2 Trends and Forecast of GDP
6.3 Per Capita GDP vs Per Capita Glass Mat Demand
6.4 Trends and Forecast of Construction Industry
6.5 Trends of the Automotive Industry

7 Glass Fiber Market, By Mat Type
7.1 Introduction
7.2 Chopped Strand Mat
7.3 Continuous Filament Mat

8 Glass Mat Market, By Binder Type
8.1 Introduction
8.2 Emulsion Bonded Mat
8.3 Powder Bonded Glass Mat

9 Glass Mat Market, By End-Use Industry
9.1 Introduction
9.2 Construction & Infrastructure
9.3 Industrial Applications
9.4 Automotive & Transportation
9.5 Marine
9.6 Sports & Leisure Goods
9.7 Other Industries

10 Glass Mat Market, By Region
10.1 Introduction
10.2 North America
10.2.1 North America, By Country
10.2.1.1 U.S.
10.2.1.2 Canada
10.2.2 North America, By Mat Type
10.2.3 North America, By End-Use Industry
10.2.4 North America, By Binder Type
10.3 Europe
10.3.1 Europe, By Country
10.3.1.1 Germany
10.3.1.2 Italy
10.3.1.3 France
10.3.1.4 U.K.
10.3.1.5 Spain
10.3.1.6 Russia
10.3.2 Europe, By Mat Type
10.3.3 Europe, By End-Use Industry
10.3.4 Europe, By Binder Type
10.4 Asia-Pacific
10.4.1 Asia-Pacific, By Country
10.4.1.1 China
10.4.1.2 Japan
10.4.1.3 South Korea
10.4.1.4 India
10.4.1.5 Indonesia
10.4.2 Asia-Pacific, By Mat Type
10.4.3 Asia-Pacific, By End-Use Industry
10.4.4 Asia-Pacific, By Binder Type
10.5 Middle East & Africa (MEA)
10.5.1 MEA, By Country
10.5.1.1 Saudi Arabia
10.5.1.2 Qatar
10.5.1.3 UAE
10.5.1.4 South Africa
10.5.2 MEA, By Mat Type
10.5.3 MEA, By End-Use Industry
10.5.4 MEA, By Binder Type
10.6 Latin America
10.6.1 Latin America, By Country
10.6.1.1 Brazil
10.6.1.2 Mexico
10.6.2 Latin America, By Mat Type
10.6.3 Latin America, By End-Use Industry
10.6.4 Latin America, By Binder Type

11 Competitive Landscape
11.1 Introduction
11.1.1 Dynamics Differentiators
11.1.2 Innovators
11.1.3 Visionary Leaders
11.1.4 Emerging Companies
11.2 Overview
11.2.1 Strength of Product Portfolio
11.2.2 Business Strategy Excellence
11.2.3 Market Ranking of Top 5 Players, 2016
11.2.3.1 Introduction
11.2.3.2 Owens Corning
11.2.3.3 Jushi Group Co., Ltd.
11.2.3.4 Binani Industries Limited
11.2.3.5 Chongqing Polycomp International Corp
11.2.3.6 Saint-Gobin S.A.

12 Company Profiles
12.1 Owens Corning
12.2 Jushi Group Co., Ltd.
12.3 Chongqing Polycomp International Corporation
12.4 Binani Industries Limited
12.5 Saint-Gobain S.A.
12.6 Taiwan Glass Ind Corp.
12.7 Nippon Electric Glass Co., Ltd.
12.8 China Beihai Fiberglass Co., Ltd
12.9 Superior Huntingdon Composites Co., LLC
12.10 Jiangsu Changhai Composite Materials Co., Ltd.
12.11 Other Key Players
12.11.1 Johns Manville GmbH
12.11.2 Central Glass Co., Ltd
12.11.3 Hangzhou Mingda Glass Fibre Co., Ltd.
12.11.4 Nitto Boseki Co., Ltd
12.11.5 Krosglass S.A.
12.11.6 Sisecam A.S.
12.11.7 Eastern Industrial Company (EICO)
12.11.8 Jiangsu Jiuding New Material Co., Ltd
12.11.9 P-D Glasseiden GmbH
12.11.10 Texas Fiberglass Group

13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Subscription Portal
13.4 Introducing RT: Real Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables
Table 1 Glass Mat Market Size, (Value and Volume) 2015-2022
Table 2 Trends and Forecast of GDP, 2016-2022 (USD Billion)
Table 3 Per Capita GDP vs Per Capita Glass Mat Demand, 2016
Table 4 Trends and Forecast of Construction Industry in North America, 2015-2022 (USD Billion)
Table 5 Trends and Forecast of Construction Industry in Europe, 2015-2022 (USD Billion)
Table 6 Trends and Forecast of Construction Industry in Asia-Pacific, 2015-2022 (USD Billion)
Table 7 Trends and Forecast of Construction Industry in MEA, 2015-2022 (USD Billion)
Table 8 Trends and Forecast of Construction Industry in Latin America, 2015-2022 (USD Billion)
Table 9 Automotive Production, 2011-2016 (Million Unit)
Table 10 Glass Mat Market Size, By Mat Type, 2015-2022 (USD Million)
Table 11 Glass Mat Market Size, By Mat Type, 2015-2022 (Kiloton)
Table 12 Chopped Strand Glass Mat Market Size, By Region, 2015-2022 (USD Million)
Table 13 Chopped Strand Glass Mat Market Size, By Region, 2015-2022 (Kiloton)
Table 14 Continuous Filament Glass Mat Market Size, By Region, 2015-2022 (USD Million)
Table 15 Continuous Filament Glass Mat Market Size, By Region, 2015-2022 (Kiloton)
Table 16 Glass Mat Market Size, By Binder Type, 2015-2022 (USD Million)
Table 17 Glass Mat Market Size, By Binder Type, 2015-2022 (Kiloton)
Table 18 Emulsion Bonded Glass Mat Market Size, By Region, 2015-2022 (USD Million)
Table 19 Emulsion Bonded Glass Mat Market Size, By Region, 2015-2022 (Kiloton)
Table 20 Powder Bonded Glass Mat Market Size, By Region, 2015-2022 (USD Million)
Table 21 Powder Bonded Glass Mat Market Size, By Region, 2015-2022 (Kiloton)
Table 22 Global Glass Mat Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 23 Global Glass Mat Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 24 Glass Mat Market in Construction & Infrastructure End-Use Industry, By Region, 2015-2022 (USD Million)
Table 25 Glass Mat Market Size in Construction & Infrastructure End-Use Industry, By Region, 2015-2022 (Kiloton)
Table 26 Glass Mat Market Size in Industrial Applications End-Use Industry, By Region, 2015-2022 (USD Million)
Table 27 Glass Mat Market Size in Industrial Applications End-Use Industry, By Region, 2015-2022 (Kiloton)
Table 28 Glass Mat Market Size in Automotive & Transportation End-Use Industry, By Region, 2015-2022 (USD Million)
Table 29 Glass Mat Market Size in Automotive & Transportation End-Use Industry, By Region, 2015-2022 (Kiloton)
Table 30 Glass Mat Market Size in Marine End-Use Industry, By Region, 2015-2022 (USD Million)
Table 31 Glass Mat Market Size in Marine End-Use Industry, By Region, 2015-2022 (Kiloton)
Table 32 Glass Mat Market Size in Sports & Leisure Goods End-Use Industry, By Region, 2015-2022 (USD Million)
Table 33 Glass Mat Market Size in Sports & Leisure Goods End-Use Industry, By Region, 2015-2022 (Kiloton)
Table 34 Glass Mat Market Size in Other End-Use Industries, By Region, 2015-2022 (USD Million)
Table 35 Glass Mat Market Size in Other End-Use Industries, By Region, 2015-2022 (Kiloton)
Table 36 Glass Mat Market Size, By Region, 2015-2022 (USD Million)
Table 37 Glass Mat Composites Market Size, By Region, 2015-2022 (Kiloton)
Table 38 North America: Glass Mat Market Size, By Country, 2015-2022 (USD Million)
Table 39 North America: Glass Mat Market Size, By Country, 2015-2022 (Kiloton)
Table 40 North America: Glass Mat Market Size, By Mat Type, 2015-2022 (USD Million)
Table 41 North America: Glass Mat Market Size, By Mat Type, 2015-2022 (Kiloton)
Table 42 North America: Glass Mat Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 43 North America: Glass Mat Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 44 North America: Glass Mat Market Size, By Binder Type, 2015-2022 (USD Million)
Table 45 North America: Glass Mat Market Size, By Binder Type, 2015-2022 (Kiloton)
Table 46 Europe: Glass Mat Market Size, By Country, 2015-2022 (USD Million)
Table 47 Europe: Glass Mat Market Size, By Country, 2015-2022 (Kiloton)
Table 48 Europe: Glass Mat Market Size, By Mat Type, 2015-2022 (USD Million)
Table 49 Europe: Glass Mat Market Size, By Mat Type, 2015-2022 (Kiloton)
Table 50 Europe: Glass Mat Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 51 Europe: Glass Mat Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 52 Europe: Glass Mat Market Size, By Binder Type, 2015-2022 (USD Million)
Table 53 Europe: Glass Mat Market Size, By Binder Type, 2015-2022 (Kiloton)
Table 54 Asia-Pacific: Glass Mat Market Size, By Country, 2015-2022 (USD Million)
Table 55 Asia-Pacific: Glass Mat Market Size, By Country, 2015-2022 (Kiloton)
Table 56 Asia-Pacific: Glass Mat Market Size, By Mat Type, 2015-2022 (USD Million)
Table 57 Asia-Pacific: Glass Mat Market Size, By Mat Type, 2015-2022 (Kiloton)
Table 58 Asia-Pacific: Glass Mat Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 59 Asia-Pacific: Glass Mat Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 60 Asia-Pacific: Glass Mat Market Size, By Binder Type, 2015-2022 (USD Million)
Table 61 Asia-Pacific: Glass Mat Market Size, By Binder Type, 2015-2022 (Kiloton)
Table 62 MEA: Glass Mat Market Size, By Country, 2015-2022 (USD Million)
Table 63 MEA: Glass Mat Market Size, By Country, 2015-2022 (Kiloton)
Table 64 MEA: Glass Mat Market Size, By Mat Type, 2015-2022 (USD Million)
Table 65 MEA: Glass Mat Market Size, By Mat Type, 2015-2022 (Kiloton)
Table 66 MEA: Glass Mat Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 67 MEA: Glass Mat Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 68 MEA: Glass Mat Market Size, By Binder Type, 2015-2022 (USD Million)
Table 69 MEA: Glass Mat Market Size, By Binder Type, 2015-2022 (Kiloton)
Table 70 Latin America: Glass Mat Market Size, By Country, 2015-2022 (USD Million)
Table 71 Latin America: Glass Mat Market Size, By Country, 2015-2022 (Kiloton)
Table 72 Latin America: Glass Mat Market Size, By Mat Type, 2015-2022 (USD Million)
Table 73 Latin America: Glass Mat Market Size, By Mat Type, 2015-2022 (Kiloton)
Table 74 Latin America: Glass Mat Market Size, By End-Use Industry, 2015-2022 (USD Million)
Table 75 Latin America: Glass Mat Market Size, By End-Use Industry, 2015-2022 (Kiloton)
Table 76 Latin America: Glass Mat Market Size, By Binder Type, 2015-2022 (USD Million)
Table 77 Latin America: Glass Mat Market Size, By Binder Type, 2015-2022 (Kiloton)

List of Figures
Figure 1 Glass Mat: Market Segmentation
Figure 2 Glass Mat Market: Research Design
Figure 3 Data Triangulation
Figure 4 Chopped Strand Mat to Dominate Glass Mat Market During Forecast Period
Figure 5 Emulsion-Bonded Glass Mat to Dominate Glass Mat Market During Forecast Period
Figure 6 Industrial Applications to Outpace Other End-Use Industries in Growth, 2017-2022
Figure 7 Asia-Pacific Dominated Glass Mat Market, in Terms of Value, 2016
Figure 8 Growing Use of Glass Mat in Construction & Infrastructure Industry Expected to Drive Its Market During Forecast Period
Figure 9 Industrial Applications to Be Fastest-Growing End-Use Industry in Glass Mat Market During Forecast Period
Figure 10 China is Expected to Drive Glass Mat Market in Asia-Pacific Region Between 2017 and 2022
Figure 11 Chopped Strand Mat to Dominate Glass Mat Market During Forecast Period
Figure 12 China to Be Fastest-Growing Country in Glass Mat Market (2017-2022)
Figure 13 Emulsion Binder to Account for Larger Market Share, 2017-2022
Figure 14 Factors Governing Glass Mat Market
Figure 15 Porter’s Five Forces
Figure 16 Trends of GDP, USD Billion (2016)
Figure 17 Per Capita GDP vs Per Capita Glass Mat Demand
Figure 18 Trends and Forecast of Construction Industry in North America, 2017 vs 2022 (USD Billion)
Figure 19 Trends and Forecast of Construction Industry in Europe, 2017 vs 2022 (USD Billion)
Figure 20 Trends and Forecast of Construction Industry in Asia-Pacific, 2017 vs 2022 (USD Billion)
Figure 21 Trends and Forecast of Construction Industry in MEA, 2017 vs 2022 (USD Billion)
Figure 22 Trends and Forecast of Construction Industry in Latin America, 2017 vs 2022 (USD Billion)
Figure 23 Automotive Production in Key Countries, 2011 vs 2016 (Million Unit)
Figure 24 Chopped Strand Mat to Dominate Glass Mat Market, 2017 vs 2022
Figure 25 Asia-Pacific to Dominate Chopped Strand Glass Mat Market, 2017 vs 2022
Figure 26 Asia-Pacific to Dominate Continuous Filament Glass Mat Market, 2017 vs 2022
Figure 27 Emulsion Bonded Glass Mat to Dominate Glass Mat Market, 2017 vs 2022
Figure 28 Asia-Pacific to Dominate Emulsion Bonded Glass Mat Market, 2017 vs 2022
Figure 29 Asia-Pacific to Dominate Powder Bonded Glass Mat Market, 2017 vs 2022
Figure 30 Industrial Application to Be the Fastest Growing End-Use Industry, 2017-2022
Figure 31 Asia-Pacific to Dominate Glass Mat Market in Construction & Infrastructure End-Use Industry, 2017 vs 2022
Figure 32 Asia-Pacific to Be the Leading Glass Mat Market in Industrial Applications End-Use Industry, 2017 vs 2022
Figure 33 Glass Mat Market in Automotive & Transportation End-Use Industry in Europe to Register High CAGR, 2017 vs 2022
Figure 34 Glass Mat Market in Marine End-Use Industry in Europe to Register High CAGR, 2017 vs 2022
Figure 35 North America to Dominate Glass Mat Market in Sports & Leisure Goods End-Use Industry, 2017-2022
Figure 36 Asia-Pacific to Dominate Glass Mat Market in Other End-Use Industry, 2017-2022
Figure 37 Asia-Pacific to Be the Fastest Growing Glass Mat Market, 2017 and 2022, By Volume
Figure 38 U.S. is the More Lucrative Market in North America
Figure 39 Germany Dominated Glass Mat Market in Europe With 22.36% in Terms of Volume, in 2016
Figure 40 China to Be the Biggest Glass Mat Market in Asia-Pacific During the Forecast Period
Figure 41 Construction & Infrastructure to Be Biggest End-Use Industry of Glass Mat in MEA (2017-2022)
Figure 42 Industrial Applications to Be Fastest-Growing End-Use Industry of Glass Mat in Latin America (2017-2022)
Figure 43 Competative Leadership Mapping, 2016
Figure 44 Owens Corning: Company Snapshot
Figure 45 Binani Industries Limited: Company Snapshot
Figure 46 Saint-Gobain: Company Snapshot
Figure 47 Nippon Electric Glass: Company Snapshot

Note: Product cover images may vary from those shown
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  • Binani Industries Limited
  • Central Glass Co., Ltd
  • China Beihai Fiberglass Co., Ltd
  • Chongqing Polycomp International Corporation
  • Eastern Industrial Company (EICO)
  • Hangzhou Mingda Glass Fibre Co., Ltd.
  • Jiangsu Changhai Composite Materials Co., Ltd.
  • Jiangsu Jiuding New Material Co., Ltd
  • Johns Manville GmbH
  • Jushi Group Co., Ltd.
  • Krosglass S.A.
  • Nippon Electric Glass Co., Ltd.
  • Nitto Boseki Co., Ltd
  • Other Key Players
  • Owens Corning
  • P-D Glasseiden GmbH
  • Saint-Gobain S.A.
  • Sisecam A.S.
  • Superior Huntingdon Composites Co., LLC
  • Taiwan Glass Ind Corp.
  • Texas Fiberglass Group
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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