Europe Glass Mat Market Size & Outlook, 2023-2030
The glass mat market in Europe is expected to reach a projected revenue of US$ 543.3 million by 2030. A compound annual growth rate of 8.4% is expected of Europe glass mat market from 2024 to 2030.
Revenue, 2023 (US$M)
$309.4
Forecast, 2030 (US$M)
$543.3
CAGR, 2024 - 2030
8.4%
Report Coverage
Europe
Europe glass mat market highlights
- The Europe glass mat market generated a revenue of USD 309.4 million in 2023.
- The market is expected to grow at a CAGR of 8.4% 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.
Europe data book summary
| Market revenue in 2023 | USD 309.4 million |
| Market revenue in 2030 | USD 543.3 million |
| Growth rate | 8.4% (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, Europe region accounted for 24.7% 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nippon Electric Glass | View profile | 1001-5000 | Otsu, Shiga, Japan, Asia | https://www.neg.co.jp/en/ |
| Owens Corning | View profile | 10001+ | Toledo, Ohio, United States, North America | http://www.owenscorning.com/ |
| Taiwan Glass Industry | View profile | 10001+ | Taipei, T'ai-pei, Taiwan, Asia | http://www.taiwanglass.com/ |
| Johns Manville | View profile | 5001-10000 | Denver, Colorado, United States, North America | http://www.jm.com/ |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
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