Product Code: ETC355069 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Nigeria Glass Mat Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 0.32% in 2025, the market peaks at 0.42% in 2027, and settles at 0.33% by 2029.
The Nigeria glass mat market is experiencing steady growth, driven by its extensive use in the construction, automotive, and marine industries for reinforcing composite materials. Glass mats provide strength, impact resistance, and sound absorption properties. The market is benefiting from infrastructure development projects and the growing demand for lightweight and durable materials.
The Nigeria glass mat market is driven by the growing construction and automotive industries. Glass mats are widely used in roofing, flooring, and composite applications due to their superior strength, durability, and resistance to corrosion and chemicals.
In the Nigeria glass mat market, challenges include fluctuating raw material prices and availability, particularly for high-quality glass fibers used in mat production. Variability in input costs affects production margins and pricing competitiveness for manufacturers. Moreover, the lack of standardized testing and certification processes for glass mat products poses challenges in ensuring product quality and performance, impacting consumer trust and market demand.
The Nigeria government has established policies to support the glass mat market. The Standards Organisation of Nigeria (SON) sets quality standards and specifications for glass mat materials used in various industries, including automotive and construction sectors. Additionally, the Federal Ministry of Industry, Trade and Investment supports local manufacturing through incentives and subsidies to enhance production capacity and reduce import dependency. These policies aim to promote industrial growth, create employment opportunities, and ensure the availability of high-quality materials for domestic and export markets.
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 Nigeria Glass Mat Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Glass Mat Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Glass Mat Market - Industry Life Cycle |
3.4 Nigeria Glass Mat Market - Porter's Five Forces |
3.5 Nigeria Glass Mat Market Revenues & Volume Share, By Mat Type, 2021 & 2031F |
3.6 Nigeria Glass Mat Market Revenues & Volume Share, By Binder Type, 2021 & 2031F |
3.7 Nigeria Glass Mat Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.8 Nigeria Glass Mat Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Nigeria Glass Mat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for construction activities in Nigeria |
4.2.2 Growth in the automotive sector driving demand for glass mats |
4.2.3 Rising awareness about the benefits of glass mats in various industries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative materials |
4.3.3 Lack of skilled labor for glass mat production |
5 Nigeria Glass Mat Market Trends |
6 Nigeria Glass Mat Market, By Types |
6.1 Nigeria Glass Mat Market, By Mat Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Glass Mat Market Revenues & Volume, By Mat Type, 2021-2031F |
6.1.3 Nigeria Glass Mat Market Revenues & Volume, By Chopped Strand Mat, 2021-2031F |
6.1.4 Nigeria Glass Mat Market Revenues & Volume, By Continuous Filament Mat, 2021-2031F |
6.2 Nigeria Glass Mat Market, By Binder Type |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Glass Mat Market Revenues & Volume, By Emulsion Bonded Glass Mat, 2021-2031F |
6.2.3 Nigeria Glass Mat Market Revenues & Volume, By Powder Bonded Glass Mat, 2021-2031F |
6.3 Nigeria Glass Mat Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Glass Mat Market Revenues & Volume, By Drywall Tape & Accessories, 2021-2031F |
6.3.3 Nigeria Glass Mat Market Revenues & Volume, By Flooring Enforcement, 2021-2031F |
6.3.4 Nigeria Glass Mat Market Revenues & Volume, By Wall Reinforcement, 2021-2031F |
6.3.5 Nigeria Glass Mat Market Revenues & Volume, By Roofing And Waterproofing, 2021-2031F |
6.3.6 Nigeria Glass Mat Market Revenues & Volume, By Insulation, 2021-2031F |
6.4 Nigeria Glass Mat Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Glass Mat Market Revenues & Volume, By Marine, 2021-2031F |
6.4.3 Nigeria Glass Mat Market Revenues & Volume, By Construction, 2021-2031F |
6.4.4 Nigeria Glass Mat Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 Nigeria Glass Mat Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.6 Nigeria Glass Mat Market Revenues & Volume, By Others, 2021-2031F |
7 Nigeria Glass Mat Market Import-Export Trade Statistics |
7.1 Nigeria Glass Mat Market Export to Major Countries |
7.2 Nigeria Glass Mat Market Imports from Major Countries |
8 Nigeria Glass Mat Market Key Performance Indicators |
8.1 Average selling price of glass mats in Nigeria |
8.2 Number of new construction projects utilizing glass mats |
8.3 Percentage of automotive manufacturers using glass mats in their vehicles |
8.4 Adoption rate of glass mats in different industries |
8.5 Rate of investment in glass mat production technology and capacity expansion |
9 Nigeria Glass Mat Market - Opportunity Assessment |
9.1 Nigeria Glass Mat Market Opportunity Assessment, By Mat Type, 2021 & 2031F |
9.2 Nigeria Glass Mat Market Opportunity Assessment, By Binder Type, 2021 & 2031F |
9.3 Nigeria Glass Mat Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 Nigeria Glass Mat Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Nigeria Glass Mat Market - Competitive Landscape |
10.1 Nigeria Glass Mat Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Glass Mat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |