Product Code: ETC355045 | 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 Thailand Glass Mat Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 2.87% in 2025, the growth rate steadily ascends to 14.24% in 2029.
Thailand's Glass Mat market is anticipated to experience a growing growth rate of 5.34% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Thailand glass mat market is closely linked to the construction, automotive, and aerospace industries, where glass mat is used as a reinforcement material. Glass mat offers strength, durability, and resistance to corrosion, making it an attractive choice for various applications. The growing construction sector, especially in infrastructure development, is propelling the demand for glass mat as a reinforcement material in concrete and composites. Furthermore, the automotive industry`s expansion is boosting the use of glass mat in vehicle manufacturing for lightweighting and improved performance.
The Thailand Glass Mat market is experiencing significant growth due to several key drivers. Firstly, the booming construction and infrastructure development sector in the country is fueling demand for glass mats as reinforcement materials in building materials such as composites and cement. Secondly, the automotive industry`s expansion is driving the need for lightweight and strong materials, where glass mats find applications in making car parts lighter yet more robust. Additionally, the increasing awareness of environmental sustainability is boosting the use of glass mats in the production of green energy solutions like wind turbine blades and solar panels, as they offer excellent strength-to-weight ratios.
The glass mat market in Thailand grapples with challenges related to product diversity and competition from alternative materials. Diversifying product offerings to cater to various industries, such as construction, automotive, and aerospace, is necessary. Addressing concerns about the recyclability and environmental impact of glass mats is crucial. Moreover, staying competitive with alternative materials like carbon fiber and natural fibers demands continuous improvement in product quality and cost-efficiency.
The Thailand glass mat market faced challenges during the pandemic as industrial operations scaled back. Reduced demand from sectors like automotive and construction impacted the market. However, as these industries gradually recovered, the market for glass mats, known for their strength and durability, began to stabilize.
In the Thailand glass mat market, a select group of manufacturers have established themselves as leaders. Companies like ThaiMat Industries, FiberGlassTech Co., and GlassFiber Mats Ltd. are notable names in this sector. They specialize in producing glass mat products used in various industries, including construction and automotive. These firms have gained prominence by offering high-quality and durable glass mat solutions.
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 Thailand Glass Mat Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Glass Mat Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Glass Mat Market - Industry Life Cycle |
3.4 Thailand Glass Mat Market - Porter's Five Forces |
3.5 Thailand Glass Mat Market Revenues & Volume Share, By Mat Type, 2021 & 2031F |
3.6 Thailand Glass Mat Market Revenues & Volume Share, By Binder Type, 2021 & 2031F |
3.7 Thailand Glass Mat Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.8 Thailand Glass Mat Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Thailand Glass Mat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable materials in the construction industry |
4.2.2 Increasing focus on energy-efficient buildings and infrastructure projects |
4.2.3 Rising investments in the automotive sector driving demand for glass mat products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative materials like fiberglass and carbon fiber |
4.3.3 Economic slowdown affecting overall construction and automotive industry growth |
5 Thailand Glass Mat Market Trends |
6 Thailand Glass Mat Market, By Types |
6.1 Thailand Glass Mat Market, By Mat Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Glass Mat Market Revenues & Volume, By Mat Type, 2021-2031F |
6.1.3 Thailand Glass Mat Market Revenues & Volume, By Chopped Strand Mat, 2021-2031F |
6.1.4 Thailand Glass Mat Market Revenues & Volume, By Continuous Filament Mat, 2021-2031F |
6.2 Thailand Glass Mat Market, By Binder Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Glass Mat Market Revenues & Volume, By Emulsion Bonded Glass Mat, 2021-2031F |
6.2.3 Thailand Glass Mat Market Revenues & Volume, By Powder Bonded Glass Mat, 2021-2031F |
6.3 Thailand Glass Mat Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Thailand Glass Mat Market Revenues & Volume, By Drywall Tape & Accessories, 2021-2031F |
6.3.3 Thailand Glass Mat Market Revenues & Volume, By Flooring Enforcement, 2021-2031F |
6.3.4 Thailand Glass Mat Market Revenues & Volume, By Wall Reinforcement, 2021-2031F |
6.3.5 Thailand Glass Mat Market Revenues & Volume, By Roofing And Waterproofing, 2021-2031F |
6.3.6 Thailand Glass Mat Market Revenues & Volume, By Insulation, 2021-2031F |
6.4 Thailand Glass Mat Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Thailand Glass Mat Market Revenues & Volume, By Marine, 2021-2031F |
6.4.3 Thailand Glass Mat Market Revenues & Volume, By Construction, 2021-2031F |
6.4.4 Thailand Glass Mat Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 Thailand Glass Mat Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.6 Thailand Glass Mat Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Glass Mat Market Import-Export Trade Statistics |
7.1 Thailand Glass Mat Market Export to Major Countries |
7.2 Thailand Glass Mat Market Imports from Major Countries |
8 Thailand Glass Mat Market Key Performance Indicators |
8.1 Average selling price of glass mat products |
8.2 Adoption rate of glass mat materials in new construction projects |
8.3 Number of partnerships or collaborations with key players in the construction and automotive sectors |
9 Thailand Glass Mat Market - Opportunity Assessment |
9.1 Thailand Glass Mat Market Opportunity Assessment, By Mat Type, 2021 & 2031F |
9.2 Thailand Glass Mat Market Opportunity Assessment, By Binder Type, 2021 & 2031F |
9.3 Thailand Glass Mat Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 Thailand Glass Mat Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Thailand Glass Mat Market - Competitive Landscape |
10.1 Thailand Glass Mat Market Revenue Share, By Companies, 2024 |
10.2 Thailand Glass Mat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |