| Product Code: ETC8638429 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to see significant imports of wet-laid fiberglass mat, with top exporters being Saudi Arabia, China, Turkey, Kuwait, and South Korea. The market displayed high concentration with a high Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 14.05% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -23.95%. This fluctuation may indicate shifts in market dynamics or external factors impacting the import shipments of wet-laid fiberglass mat in Nigeria.

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 Wet-Laid Fiberglass Mat Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Wet-Laid Fiberglass Mat Market - Industry Life Cycle |
3.4 Nigeria Wet-Laid Fiberglass Mat Market - Porter's Five Forces |
3.5 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Wet-Laid Fiberglass Mat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in construction and automotive industries |
4.2.2 Growth in infrastructure development projects in Nigeria |
4.2.3 Rising awareness about the benefits of wet-laid fiberglass mats in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Lack of skilled labor for manufacturing wet-laid fiberglass mats |
4.3.3 Competition from alternative materials like carbon fiber and aramid fibers |
5 Nigeria Wet-Laid Fiberglass Mat Market Trends |
6 Nigeria Wet-Laid Fiberglass Mat Market, By Types |
6.1 Nigeria Wet-Laid Fiberglass Mat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By Battery Separator Tissue, 2021- 2031F |
6.1.4 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By Wall Covering Tissue, 2021- 2031F |
6.1.5 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By Carpet Tiles Tissue, 2021- 2031F |
6.1.6 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By Pipe Tissue, 2021- 2031F |
6.1.7 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By Roofing Tissue, 2021- 2031F |
6.1.8 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By Surfacing Tissue, 2021- 2031F |
6.1.9 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By PCB Electronic Mat (Copper Clad Laminate Mat), 2021- 2031F |
6.1.10 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By PCB Electronic Mat (Copper Clad Laminate Mat), 2021- 2031F |
6.2 Nigeria Wet-Laid Fiberglass Mat Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By Interior and Exterior Wall Decoration, 2021- 2031F |
6.2.3 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By Building Waterproof Material, 2021- 2031F |
6.2.4 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By Electronic Substrate (Copper Clad Laminate), 2021- 2031F |
6.2.5 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By Anticorrosion of Tank and Vehicle Body, 2021- 2031F |
6.2.6 Nigeria Wet-Laid Fiberglass Mat Market Revenues & Volume, By Carpet Reinforcement, 2021- 2031F |
7 Nigeria Wet-Laid Fiberglass Mat Market Import-Export Trade Statistics |
7.1 Nigeria Wet-Laid Fiberglass Mat Market Export to Major Countries |
7.2 Nigeria Wet-Laid Fiberglass Mat Market Imports from Major Countries |
8 Nigeria Wet-Laid Fiberglass Mat Market Key Performance Indicators |
8.1 Average selling price of wet-laid fiberglass mats |
8.2 Percentage of market share among key players in the industry |
8.3 Number of new product innovations and patents filed in the market |
9 Nigeria Wet-Laid Fiberglass Mat Market - Opportunity Assessment |
9.1 Nigeria Wet-Laid Fiberglass Mat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Wet-Laid Fiberglass Mat Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Wet-Laid Fiberglass Mat Market - Competitive Landscape |
10.1 Nigeria Wet-Laid Fiberglass Mat Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Wet-Laid Fiberglass Mat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |