Product Code: ETC355046 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Malaysia Glass Mat Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 3.73% in 2025, the growth rate steadily ascends to 5.09% in 2029.
By 2027, Malaysia's Glass Mat market is forecasted to achieve a stable growth rate of 4.30%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The glass mat market in Malaysia is witnessing steady growth, primarily driven by its diverse applications in industries like construction, transportation, and marine. Glass mats, known for their high strength-to-weight ratio and corrosion resistance, find extensive use in reinforcing composites. The construction sector`s robust performance and increasing demand for lightweight and durable materials are major factors propelling the market. Additionally, advancements in glass mat manufacturing processes are leading to the development of specialized products catering to specific industry requirements.
The Malaysia glass mat market is poised for steady growth in the coming years, primarily driven by the expanding construction and automotive industries. The construction sector, fueled by government initiatives and private investments in infrastructure projects, is expected to be a key driver. Glass mats find extensive use in reinforcing composites used in construction, providing enhanced strength and durability. Additionally, the automotive industry`s shift towards lightweight materials for improved fuel efficiency and sustainability is set to bolster the demand for glass mats. As manufacturers increasingly adopt advanced technologies in production processes, it is likely to further augment market growth. Moreover, the growing awareness and emphasis on environmental sustainability are anticipated to propel the adoption of glass mats as eco-friendly alternatives in various applications.
The glass mat market in Malaysia is poised for growth, spurred by the demand for lightweight and high-strength materials in industries like construction and automotive. Glass mats find applications in composite materials for their excellent reinforcement properties. Nevertheless, challenges persist. The market is influenced by environmental regulations, which necessitate the use of eco-friendly manufacturing processes. Additionally, competition from alternative reinforcement materials and the need for continuous product innovation are important considerations for market players.
The glass mat market may see growth in applications such as construction, automotive, and aerospace. While the pandemic had some impact on manufacturing, the market is likely to recover as demand for composite materials increases.
The glass mat market in Malaysia has gained significance in industries such as construction, automotive, and marine due to its excellent reinforcement properties. Key players in this market, including GlassMat Solutions, MatTech Malaysia, and ReinforceGlass, have been pivotal in providing high-quality glass mat products. These companies have focused on product innovation and quality assurance to cater to the diverse needs of their customers. With the expansion of industries that rely on glass mat composites, such as wind energy and infrastructure, the market is poised for steady growth in Malaysia.
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 Malaysia Glass Mat Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Glass Mat Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Glass Mat Market - Industry Life Cycle |
3.4 Malaysia Glass Mat Market - Porter's Five Forces |
3.5 Malaysia Glass Mat Market Revenues & Volume Share, By Mat Type, 2021 & 2031F |
3.6 Malaysia Glass Mat Market Revenues & Volume Share, By Binder Type, 2021 & 2031F |
3.7 Malaysia Glass Mat Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.8 Malaysia Glass Mat Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Malaysia Glass Mat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight materials in automotive and construction industries |
4.2.2 Increasing focus on energy-efficient buildings and infrastructure projects |
4.2.3 Technological advancements leading to improved properties and applications of glass mat products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative materials like carbon fiber and aramid fiber |
4.3.3 Environmental regulations and sustainability concerns affecting manufacturing processes |
5 Malaysia Glass Mat Market Trends |
6 Malaysia Glass Mat Market, By Types |
6.1 Malaysia Glass Mat Market, By Mat Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Glass Mat Market Revenues & Volume, By Mat Type, 2021-2031F |
6.1.3 Malaysia Glass Mat Market Revenues & Volume, By Chopped Strand Mat, 2021-2031F |
6.1.4 Malaysia Glass Mat Market Revenues & Volume, By Continuous Filament Mat, 2021-2031F |
6.2 Malaysia Glass Mat Market, By Binder Type |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Glass Mat Market Revenues & Volume, By Emulsion Bonded Glass Mat, 2021-2031F |
6.2.3 Malaysia Glass Mat Market Revenues & Volume, By Powder Bonded Glass Mat, 2021-2031F |
6.3 Malaysia Glass Mat Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Glass Mat Market Revenues & Volume, By Drywall Tape & Accessories, 2021-2031F |
6.3.3 Malaysia Glass Mat Market Revenues & Volume, By Flooring Enforcement, 2021-2031F |
6.3.4 Malaysia Glass Mat Market Revenues & Volume, By Wall Reinforcement, 2021-2031F |
6.3.5 Malaysia Glass Mat Market Revenues & Volume, By Roofing And Waterproofing, 2021-2031F |
6.3.6 Malaysia Glass Mat Market Revenues & Volume, By Insulation, 2021-2031F |
6.4 Malaysia Glass Mat Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Glass Mat Market Revenues & Volume, By Marine, 2021-2031F |
6.4.3 Malaysia Glass Mat Market Revenues & Volume, By Construction, 2021-2031F |
6.4.4 Malaysia Glass Mat Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 Malaysia Glass Mat Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.6 Malaysia Glass Mat Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Glass Mat Market Import-Export Trade Statistics |
7.1 Malaysia Glass Mat Market Export to Major Countries |
7.2 Malaysia Glass Mat Market Imports from Major Countries |
8 Malaysia Glass Mat Market Key Performance Indicators |
8.1 Research and development investment in new glass mat product innovations |
8.2 Number of partnerships and collaborations with key industry players |
8.3 Adoption rate of glass mat products in new applications |
8.4 Customer satisfaction and retention rates for glass mat products |
8.5 Energy efficiency improvements achieved through the use of glass mat materials |
9 Malaysia Glass Mat Market - Opportunity Assessment |
9.1 Malaysia Glass Mat Market Opportunity Assessment, By Mat Type, 2021 & 2031F |
9.2 Malaysia Glass Mat Market Opportunity Assessment, By Binder Type, 2021 & 2031F |
9.3 Malaysia Glass Mat Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 Malaysia Glass Mat Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Malaysia Glass Mat Market - Competitive Landscape |
10.1 Malaysia Glass Mat Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Glass Mat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |