Glass Mat Market - Global Industry Size, Share, Trends, Opportunity & Forecast, Segmented By Type, By Application, By End User, By Region & Competition, 2020-2030F
The Global Glass Mat Market was valued at USD 1.44 billion in 2024 and is projected to reach USD 2.20 billion by 2030, growing at a CAGR of 7.25% during the forecast period. Glass mats are non-woven materials composed of randomly arranged fiberglass strands bonded using organic additives. Known for their heat resistance, durability, and strength, these mats are widely utilized in sectors such as construction, automotive, marine, and industrial applications. The market is being propelled by increasing demand for lightweight and high-performance materials, particularly in the automotive and wind energy industries, where glass mats contribute to improved efficiency and structural integrity while reducing weight and enhancing design flexibility.
Market Overview
Forecast Period
2026-2030
Market Size 2024
USD 1.44 Billion
Market Size 2030
USD 2.20 Billion
CAGR 2025-2030
7.25%
Fastest Growing Segment
Chopped Strand Mat
Largest Market
Asia Pacific
Key Market Drivers
Growing Demand of Glass Mat in Construction Industry
The construction sector is a major contributor to the growing demand for glass mats due to their superior performance characteristics. These mats are composed of silica-based glass fibers bonded with binders, creating a durable and resilient material. Their high resistance to moisture, fire, and mold makes them ideal for use in roofing systems, drywall tapes, flooring reinforcement, wall insulation, and waterproofing applications. As construction standards continue to evolve to emphasize longevity, safety, and efficiency, the use of glass mats is becoming increasingly integral to modern building materials.
Key Market Challenges
Volatility in Prices of Raw Materials
A critical challenge in the glass mat market lies in the unpredictable nature of raw material costs. The production of glass mats requires glass fibers and resins, both of which are subject to global supply chain fluctuations, commodity market variations, and regional sourcing constraints. These price instabilities affect manufacturers' production costs, potentially impacting profit margins. In efforts to maintain profitability, some producers may pass these costs on to consumers, which can hinder adoption in cost-sensitive markets and industries where budget constraints are a major consideration.
Key Market Trends
Innovations in Binder Technology
The evolution of binder technologies is significantly influencing the glass mat market. Binders are crucial for holding glass fibers together, determining the mechanical and chemical properties of the mat. Traditionally, formaldehyde-based resins dominated the industry, but rising environmental and regulatory pressures have led to the development of low-emission, eco-friendly alternatives. These new-generation binders enhance performance attributes such as flexibility, moisture resistance, and fire retardancy, while aligning with sustainability and health standards, thereby expanding their use across diverse industrial and residential applications.
Key Market Players
Owens Corning
Binani Industries Ltd
Saint-Gobain ADFORS
TAIWAN GLASS IND. CORP
Nippon Electric Glass Co. Ltd.
China Beihai Fiberglass Co. Ltd.
Jiangsu Changhai Composite Materials Co. Ltd.
John Manville Corp.
KROSGLASS SA
Sisecam Dis Ticaret AS
Report Scope:
In this report, the Global Glass Mat Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Glass Mat Market, By Type:
Chopped Strand Mat
Continuous Filament Mat
Glass Mat Market, By Application:
Drywall Tape & Accessories
Flooring Enforcement
Wall Reinforcement
Roofing & Waterproofing
Insulation
Glass Mat Market, By End User:
Construction & Infrastructure
Automotive
Industrial & Chemical
Marine
Others
Glass Mat Market, By Region:
North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia-Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Glass Mat Market.
Available Customizations:
Global Glass Mat Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Glass Mat Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value &Volume
5.2. Market Share & Forecast
5.2.1. By Type (Chopped Strand Mat, Continuous Filament Mat)