Fiberglass Mat Market Likely To Touch New Heights By End Of Forecast Period 2031

Fiberglass Mat Market Study Provides Latest Intelligence on Growth in 2021 and Beyond
Global Fiberglass Mat supply-demand continues to be impacted by broader developments in the chemicals sector. The new Fiberglass Mat market research report outlines the key factors that will impact production, supply, and demand during the assessment period (2021-2031).
The study tracks Fiberglass Mat demand and sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study also analyzes the impact of COVID-19 on chemicals industry in general and Fiberglass Mat in particular.
How will Fiberglass Mat Sales Grow in 2021 and Beyond
The Fiberglass Mat industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies.
Overall, demand for Fiberglass Mat will be heavily influenced by broader developments in the chemicals sector. The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.
Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2021 with sales expected to be in the range of 15.5 million to 16 million.

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Housing is another key demand generator for chemicals sector. The record low mortgage rates have led to momentum in the US housing sector, but it will remain to be seen whether an increase subdues the enthusiasm.
The European chemical sector is also set to recover in 2021, after contracting by 2% in 2020. Recovery is likely to be sustained with a growth of 2% also expected in 2022.
Growth of chemicals sector in Asia Pacific will also contribute to overall recovery. The resurgence of a virulent variant in India has taken the sheen away from the recovery made in 2021, but other economies in the region continue to be on the path to recovery.
The chemical sector in Japan and South Korea is also shifting toward use of green chemicals. Regulation, combined with evolving demand of end-users, is creating a market scenario that is conducive to green chemicals.

Segmentation of Fiberglass Mat Market:
The global Fiberglass mat market is segmented as follow: based on glass type, mat type, application and region.

Based on glass type fiberglass mats market is segregated as follows:
E Glass
ECR Glass
S Glass
AR Glass
H Glass
Others
Based on mat type fiberglass mats market is segregated as follows:
Needle Fiberglass mats
Combo Fiberglass mats
Woven Roving Fiberglass mats
Chopped Strand Fiberglass mats
Core Fiberglass mats
Based on application fiberglass mats market is segregated as follows:
High & Low Pressure Injection
Infusion & Compression Modeling
Automotive
Industrial
Aerospace industry
Based on region fiberglass mats market is segregated as follows:
North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia & Oceania (India, ASEAN, Australia and New Zealand, Rest of South Asia & Oceania)
The Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)

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Competitive Landscape
The Fact.MR study profiles the business, product and other key strategies of the leading Fiberglass Mat companies in detail. The competitive landscape section of the study tracks market leaders, incumbents, and aspirants, laying out a layered information model that readers can use.

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The Fiberglass Mat Regional Market Analysis Includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia & Oceania (India, ASEAN, Australia and New Zealand, Rest of South Asia & Oceania)
The Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)

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This release was published on openPR.