Product Code: ETC4913435 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Cabo Verde Glass Mat Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 2.21% in 2025, the market peaks at 3.08% in 2028, and settles at 2.81% by 2029.
The Glass Mat market in Cabo Verde is projected to grow at a stable growth rate of 2.98% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.
The glass mat market in Cape Verde is evolving with the increasing use of glass mats in construction and industrial applications. Glass mats are used for reinforcement in composite materials and as a layer in roofing systems. The market is driven by growth in the construction sector and demand for durable materials. Challenges include the high cost of glass mats and the need for quality control during manufacturing.
The Cape Verde glass mat market benefits from the use of glass mats in composite materials and construction applications. Glass mats provide reinforcement and improve the mechanical properties of various materials, including concrete and plastics. The demand for high-performance and durable construction materials drives the adoption of glass mats. Additionally, the growth of the construction and manufacturing sectors in Cape Verde supports market growth.
The glass mat market in Cape Verde encounters challenges such as high import costs and limited local production. Glass mats, used in various construction and industrial applications, are often imported, which increases their cost. The lack of local manufacturing capabilities further compounds these challenges.
The glass mat market in Cape Verde is shaped by policies that support the construction and automotive industries. Regulations promote the use of glass mats in applications such as roofing and reinforcement. The government offers incentives for projects that utilize glass mats, aiming to enhance the quality and performance of construction materials and products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cape Verde Glass Mat Market Overview |
3.1 Cape Verde Country Macro Economic Indicators |
3.2 Cape Verde Glass Mat Market Revenues & Volume, 2021 & 2031F |
3.3 Cape Verde Glass Mat Market - Industry Life Cycle |
3.4 Cape Verde Glass Mat Market - Porter's Five Forces |
3.5 Cape Verde Glass Mat Market Revenues & Volume Share, By Mat Type, 2021 & 2031F |
3.6 Cape Verde Glass Mat Market Revenues & Volume Share, By Binder Type, 2021 & 2031F |
3.7 Cape Verde Glass Mat Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.8 Cape Verde Glass Mat Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Cape Verde Glass Mat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cape Verde Glass Mat Market Trends |
6 Cape Verde Glass Mat Market Segmentations |
6.1 Cape Verde Glass Mat Market, By Mat Type |
6.1.1 Overview and Analysis |
6.1.2 Cape Verde Glass Mat Market Revenues & Volume, By Chopped Strand Mat, 2021-2031F |
6.1.3 Cape Verde Glass Mat Market Revenues & Volume, By Continuous Filament Mat, 2021-2031F |
6.2 Cape Verde Glass Mat Market, By Binder Type |
6.2.1 Overview and Analysis |
6.2.2 Cape Verde Glass Mat Market Revenues & Volume, By Emulsion Bonded Glass Mat, 2021-2031F |
6.2.3 Cape Verde Glass Mat Market Revenues & Volume, By Powder Bonded Glass Mat, 2021-2031F |
6.3 Cape Verde Glass Mat Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Cape Verde Glass Mat Market Revenues & Volume, By Drywall Tape & Accessories, 2021-2031F |
6.3.3 Cape Verde Glass Mat Market Revenues & Volume, By Flooring Enforcement, 2021-2031F |
6.3.4 Cape Verde Glass Mat Market Revenues & Volume, By Wall Reinforcement, 2021-2031F |
6.3.5 Cape Verde Glass Mat Market Revenues & Volume, By Roofing And Waterproofing, 2021-2031F |
6.3.6 Cape Verde Glass Mat Market Revenues & Volume, By Insulation, 2021-2031F |
6.4 Cape Verde Glass Mat Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Cape Verde Glass Mat Market Revenues & Volume, By Marine, 2021-2031F |
6.4.3 Cape Verde Glass Mat Market Revenues & Volume, By Construction, 2021-2031F |
6.4.4 Cape Verde Glass Mat Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 Cape Verde Glass Mat Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.6 Cape Verde Glass Mat Market Revenues & Volume, By Others, 2021-2031F |
7 Cape Verde Glass Mat Market Import-Export Trade Statistics |
7.1 Cape Verde Glass Mat Market Export to Major Countries |
7.2 Cape Verde Glass Mat Market Imports from Major Countries |
8 Cape Verde Glass Mat Market Key Performance Indicators |
9 Cape Verde Glass Mat Market - Opportunity Assessment |
9.1 Cape Verde Glass Mat Market Opportunity Assessment, By Mat Type, 2021 & 2031F |
9.2 Cape Verde Glass Mat Market Opportunity Assessment, By Binder Type, 2021 & 2031F |
9.3 Cape Verde Glass Mat Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 Cape Verde Glass Mat Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Cape Verde Glass Mat Market - Competitive Landscape |
10.1 Cape Verde Glass Mat Market Revenue Share, By Companies, 2024 |
10.2 Cape Verde Glass Mat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |