Press release
Glass Mat Market Growth Driven by Construction Industry Expansion and Composite Material Demand During Forecast 2024-2031 | Owens Corning, Saint-Gobain, Johns Manville Lead Market Expansion | DataM Intelligence
Glass Mat Market
According to DataM Intelligence, the global glass mat market is positioned for significant growth during the forecast period 2024-2031. This robust expansion is propelled by increasing construction and infrastructure development worldwide, growing demand for composite materials in various industries, rising automotive production requiring lightweight components, expanding marine and transportation applications, and continuous technological advancements in glass mat manufacturing that enhance performance and application versatility.
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Browse in-depth TOC on "Glass Mat Market"
• 75 - Tables
• 70 - Figures
• 201 - Pages
Recent Developments (November 2025)
✅ Owens Corning (USA) launched a new high-performance chopped strand mat with enhanced resin compatibility in North American markets, specifically targeting construction and marine applications requiring superior mechanical properties.
✅ Saint-Gobain (France) developed an advanced emulsion bonded glass mat for European automotive applications, achieving 25% better formability for complex composite parts in vehicle manufacturing.
✅ Johns Manville (USA) expanded production of continuous filament mat in their Chinese facilities, increasing capacity by 30% to meet growing demand from Asian construction and infrastructure projects.
✅ CPIC (China) introduced a sustainable powder bonded glass mat with recycled glass content, receiving environmental certifications for European and North American green building projects.
✅ Nippon Electric Glass (Japan) launched a specialized glass mat for wind energy applications, featuring enhanced durability and weather resistance for global renewable energy infrastructure.
Market Trends & Drivers
The Glass Mat Market is experiencing accelerated growth driven by global infrastructure development, composite material adoption, and technological innovations in manufacturing processes. Key trends include the development of sustainable and recycled content products, advancement of specialized formulations for specific applications, expansion into emerging construction markets, and growing focus on performance enhancement through binder technology improvements. The urbanization trends, infrastructure investments, and lightweight material requirements across industries are significantly contributing to market expansion.
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Competitive Landscape
The market features strong competition between global glass manufacturers, specialized composite material producers, and construction material companies.
1. Owens Corning maintained market leadership with 26% global share, expanding their glass mat portfolio and reporting 18% revenue growth in 2024-2025 through strategic construction industry partnerships.
2. Saint-Gobain captured 22% market share in specialty applications, securing long-term contracts with automotive and construction companies in Europe and North America.
3. Johns Manville dominated the construction segment with 24% market share, achieving 20% growth through expanded production capacity and distribution networks.
4. CPIC led the sustainable glass mat segment with 18% market share, reporting 25% growth in recycled content and eco-friendly products.
5. Nippon Electric Glass expanded their industrial applications with 16% market share, focusing on high-performance requirements with 22% revenue growth.
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Segmentation Analysis
By Type
• Chopped Strand Mat dominates the market with USD 4.8 billion in 2024, projected to grow at 8.5% CAGR, valued for excellent conformability, versatility, and cost-effectiveness in various composite applications including construction, marine, and transportation.
• Continuous Filament Mat shows strong growth with USD 3.2 billion in 2024, expected to grow at 9.2% CAGR, preferred for superior strength, uniformity, and performance in high-stress applications and automotive components.
• Other specialized mat types demonstrate emerging applications in specific industrial sectors.
By Binder
• Emulsion Bonded Glass Mat leads the market with USD 5.2 billion in 2024, growing at 8.8% CAGR, valued for excellent handling properties, consistent quality, and wide compatibility with various resin systems across multiple applications.
• Powder Bonded Glass Mat shows robust growth with USD 2.8 billion in 2024, expanding at 9.5% CAGR, preferred for specific applications requiring controlled dissolution and enhanced processing characteristics.
• Other binder technologies demonstrate specialized performance for niche applications.
By Application
• Flooring Enforcement represents the largest segment with USD 3.5 billion in 2024, growing at 9.0% CAGR, driven by construction industry growth, flooring system requirements, and reinforcement needs in residential and commercial buildings.
• Roof Waterproofing shows accelerated growth with USD 2.2 billion in 2024, expanding at 9.8% CAGR, for waterproofing membranes, roofing systems, and moisture protection applications.
• Wall Reinforcement demonstrates steady growth with USD 1.8 billion in 2024, growing at 8.2% CAGR, supporting drywall, plaster, and construction panel applications.
• Insulation and Drywall Tape applications maintain consistent demand across construction sectors.
By End-User
• Construction and Infrastructure dominates the market with USD 6.2 billion in 2024, growing at 9.2% CAGR, driven by global building activities, infrastructure development, and construction material requirements.
• Automotive and Transportation shows robust growth with USD 2.5 billion in 2024, expanding at 8.8% CAGR, for lightweight composites, interior components, and structural applications.
• Industrial Application demonstrates steady expansion with USD 1.8 billion in 2024, growing at 8.0% CAGR across various manufacturing and processing industries.
• Marine and Sports and Leisure Goods show specialized growth with performance material requirements.
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Key Growth Drivers:
1. Construction Industry Expansion: Global increase in building construction, infrastructure projects, and urbanization driving material demand
2. Composite Material Adoption: Growing use of fiberglass composites across multiple industries requiring reinforcement materials
3. Automotive Lightweighting: Increasing demand for lightweight components in vehicle manufacturing to improve fuel efficiency
4. Infrastructure Investments: Government and private investments in infrastructure development increasing construction material needs
5. Renewable Energy Growth: Expanding wind energy and other renewable sectors requiring composite materials
6. Technological Advancements: Continuous improvements in glass mat manufacturing, binder technologies, and application performance
Regional Analysis:
Asia-Pacific leads the glass mat market with USD 5.8 billion in 2024, driven by massive construction activities, growing automotive production, and expanding industrial base in China, India, and Southeast Asia. North America shows steady growth with USD 3.2 billion in 2024, supported by construction recovery and automotive sector requirements. Europe demonstrates consistent expansion with USD 2.9 billion in 2024, focusing on high-performance and sustainable applications. Latin America and Middle East & Africa exhibit emerging potential with infrastructure development and growing construction industries.
Related Reports:
1. Fiberglass Market - https://www.datamintelligence.com/research-report/fiberglass-market?jd
2. Construction Chemicals Market - https://www.datamintelligence.com/research-report/construction-chemicals-market?jd
3. Automotive Composite Materials Market - https://www.datamintelligence.com/research-report/automotive-composite-materials-market?jd
Contact Us:
Sai Kiran
DataM Intelligence 4market Research LLP
Phone: +1 877-441-4866
Email: Sai.k@datamintelligence.com
About DataM Intelligence
DataM Intelligence is a renowned provider of market research, delivering deep insights through pricing analysis, market share breakdowns, and competitive intelligence. The company specialises in strategic reports that guide businesses in high-growth sectors such as nutraceuticals and AI-driven health innovations.
To find out more, visit https://www.datamintelligence.com/ or follow us on Twitter, LinkedIn and Facebook.
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