Sri Lanka Glass Mat Market Outlook | Growth, Forecast, Share, Value, Trends, COVID-19 IMPACT, Industry, Revenue, Analysis, Companies & Size

Market Forecast By Mat Type (Chopped Strand Mat, Continuous Filament Mat), By Binder Type (Emulsion Bonded Glass Mat, Powder Bonded Glass Mat), By Applications (Drywall Tape & Accessories, Flooring Enforcement, Wall Reinforcement, Roofing And Waterproofing, Insulation), By End-use Industry (Marine, Construction, Automotive, Industrial, Others) And Competitive Landscape
Product Code: ETC355051 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

Sri Lanka Glass Mat Market Size Growth Rate


The Sri Lanka Glass Mat Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 8.23% in 2027, following an initial rate of 5.63%, before easing to 5.66% at the end of the period.

Sri Lanka Glass Mat Market Growth Rate

Glass Mat Market: Sri Lanka vs Top 5 Major Economies in 2027 (Asia)


Sri Lanka's Glass Mat market is anticipated to experience a growing growth rate of 8.23% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

Glass Mat Market: Sri Lanka vs Top 5 Major Economies in 2027 (Asia)

Sri Lanka Glass Mat Market Overview

The glass mat market in Sri Lanka is developing, with applications spanning across roofing, flooring, and automotive sectors. Glass mats, used for their reinforcement properties, are crucial in composite material production. The market is driven by the construction industry`s growth, advancements in composite technologies, and the rising demand for durable, high-performance materials in various industrial applications.

Drivers of the market

The demand for glass mats in Sri Lanka is driven by their extensive use in the construction and automotive industries. The superior properties of glass mats, such as high tensile strength, durability, and resistance to moisture and chemicals, make them suitable for various applications. Additionally, the growing emphasis on lightweight and high-strength materials in industrial applications propels the market growth.

Challenges of the market

The glass mat market in Sri Lanka faces challenges related to the high cost of raw materials and production processes. There is also limited local production capacity, resulting in a heavy reliance on imports and exposure to supply chain disruptions. Furthermore, there is a lack of awareness and technical knowledge about the applications and benefits of glass mats, which affects their adoption in various industries.

Government Policy of the market

The glass mat market is supported by policies that encourage innovation in composite materials. The government funds research projects and collaborates with industry stakeholders to develop high-performance glass mats for various applications, including automotive and construction, while providing tax breaks for manufacturers who invest in sustainable production methods.

Key Highlights of the Report:

  • Sri Lanka Glass Mat Market Outlook
  • Market Size of Sri Lanka Glass Mat Market, 2021
  • Forecast of Sri Lanka Glass Mat Market, 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Revenues & Volume for the Period 2018 - 2028
  • Sri Lanka Glass Mat Market Trend Evolution
  • Sri Lanka Glass Mat Market Drivers and Challenges
  • Sri Lanka Glass Mat Price Trends
  • Sri Lanka Glass Mat Porter's Five Forces
  • Sri Lanka Glass Mat Industry Life Cycle
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Mat Type for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Chopped Strand Mat for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Continuous Filament Mat for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Binder Type for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Emulsion Bonded Glass Mat for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Powder Bonded Glass Mat for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Applications for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Drywall Tape & Accessories for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Flooring Enforcement for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Wall Reinforcement for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Roofing And Waterproofing for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Insulation for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By End-use Industry for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Marine for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Construction for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Automotive for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Industrial for the Period 2018 - 2028
  • Historical Data and Forecast of Sri Lanka Glass Mat Market Revenues & Volume By Others for the Period 2018 - 2028
  • Sri Lanka Glass Mat Import Export Trade Statistics
  • Market Opportunity Assessment By Mat Type
  • Market Opportunity Assessment By Binder Type
  • Market Opportunity Assessment By Applications
  • Market Opportunity Assessment By End-use Industry
  • Sri Lanka Glass Mat Top Companies Market Share
  • Sri Lanka Glass Mat Competitive Benchmarking By Technical and Operational Parameters
  • Sri Lanka Glass Mat Company Profiles
  • Sri Lanka Glass Mat Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Sri Lanka Glass Mat Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Sri Lanka Glass Mat Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Sri Lanka Glass Mat Market Overview

3.1 Sri Lanka Country Macro Economic Indicators

3.2 Sri Lanka Glass Mat Market Revenues & Volume, 2021 & 2028F

3.3 Sri Lanka Glass Mat Market - Industry Life Cycle

3.4 Sri Lanka Glass Mat Market - Porter's Five Forces

3.5 Sri Lanka Glass Mat Market Revenues & Volume Share, By Mat Type, 2021 & 2028F

3.6 Sri Lanka Glass Mat Market Revenues & Volume Share, By Binder Type, 2021 & 2028F

3.7 Sri Lanka Glass Mat Market Revenues & Volume Share, By Applications, 2021 & 2028F

3.8 Sri Lanka Glass Mat Market Revenues & Volume Share, By End-use Industry, 2021 & 2028F

4 Sri Lanka Glass Mat Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for eco-friendly and sustainable construction materials

4.2.2 Growth in the construction industry and infrastructure development projects

4.2.3 Rising awareness about the benefits of glass mat in various applications

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting production costs

4.3.2 Lack of skilled labor for specialized glass mat production

4.3.3 Competition from alternative materials like fiberglass and carbon fiber

5 Sri Lanka Glass Mat Market Trends

6 Sri Lanka Glass Mat Market, By Types

6.1 Sri Lanka Glass Mat Market, By Mat Type

6.1.1 Overview and Analysis

6.1.2 Sri Lanka Glass Mat Market Revenues & Volume, By Mat Type, 2018 - 2028F

6.1.3 Sri Lanka Glass Mat Market Revenues & Volume, By Chopped Strand Mat, 2018 - 2028F

6.1.4 Sri Lanka Glass Mat Market Revenues & Volume, By Continuous Filament Mat, 2018 - 2028F

6.2 Sri Lanka Glass Mat Market, By Binder Type

6.2.1 Overview and Analysis

6.2.2 Sri Lanka Glass Mat Market Revenues & Volume, By Emulsion Bonded Glass Mat, 2018 - 2028F

6.2.3 Sri Lanka Glass Mat Market Revenues & Volume, By Powder Bonded Glass Mat, 2018 - 2028F

6.3 Sri Lanka Glass Mat Market, By Applications

6.3.1 Overview and Analysis

6.3.2 Sri Lanka Glass Mat Market Revenues & Volume, By Drywall Tape & Accessories, 2018 - 2028F

6.3.3 Sri Lanka Glass Mat Market Revenues & Volume, By Flooring Enforcement, 2018 - 2028F

6.3.4 Sri Lanka Glass Mat Market Revenues & Volume, By Wall Reinforcement, 2018 - 2028F

6.3.5 Sri Lanka Glass Mat Market Revenues & Volume, By Roofing And Waterproofing, 2018 - 2028F

6.3.6 Sri Lanka Glass Mat Market Revenues & Volume, By Insulation, 2018 - 2028F

6.4 Sri Lanka Glass Mat Market, By End-use Industry

6.4.1 Overview and Analysis

6.4.2 Sri Lanka Glass Mat Market Revenues & Volume, By Marine, 2018 - 2028F

6.4.3 Sri Lanka Glass Mat Market Revenues & Volume, By Construction, 2018 - 2028F

6.4.4 Sri Lanka Glass Mat Market Revenues & Volume, By Automotive, 2018 - 2028F

6.4.5 Sri Lanka Glass Mat Market Revenues & Volume, By Industrial, 2018 - 2028F

6.4.6 Sri Lanka Glass Mat Market Revenues & Volume, By Others, 2018 - 2028F

7 Sri Lanka Glass Mat Market Import-Export Trade Statistics

7.1 Sri Lanka Glass Mat Market Export to Major Countries

7.2 Sri Lanka Glass Mat Market Imports from Major Countries

8 Sri Lanka Glass Mat Market Key Performance Indicators

8.1 Adoption rate of glass mat in new construction projects

8.2 Percentage of repeat customers purchasing glass mat products

8.3 Number of new product developments and innovations in the glass mat market

9 Sri Lanka Glass Mat Market - Opportunity Assessment

9.1 Sri Lanka Glass Mat Market Opportunity Assessment, By Mat Type, 2021 & 2028F

9.2 Sri Lanka Glass Mat Market Opportunity Assessment, By Binder Type, 2021 & 2028F

9.3 Sri Lanka Glass Mat Market Opportunity Assessment, By Applications, 2021 & 2028F

9.4 Sri Lanka Glass Mat Market Opportunity Assessment, By End-use Industry, 2021 & 2028F

10 Sri Lanka Glass Mat Market - Competitive Landscape

10.1 Sri Lanka Glass Mat Market Revenue Share, By Companies, 2021

10.2 Sri Lanka Glass Mat Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All