| Product Code: ETC4498886 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand glass mat material market witnessed a significant decline in import momentum from 2020 to 2024, with a compound annual growth rate (CAGR) of -86.42%. This sharp decrease suggests a substantial demand shift or market instability impacting trade performance during this period.
Glass mat materials are widely used in the construction and transportation industries for reinforcing composites and enhancing structural integrity. The Thailand Glass Mat Material Market is expanding, supported by construction projects and the demand for lightweight materials in transportation. The market offers solutions for both durability and weight reduction, aligning with the evolving industry requirements.
The Glass Mat Material market in Thailand is witnessing substantial growth, driven by the increasing demand for reinforcing materials in construction, automotive, and industrial applications. Glass mat materials, composed of randomly oriented glass fibers, are gaining prominence for their strength, flexibility, and corrosion resistance. The growth of the construction and infrastructure sector, the rising need for lightweight and durable materials, and the focus on enhancing product performance in Thailand are contributing to the adoption of glass mat materials. Moreover, the advancements in manufacturing processes and the innovations in glass fiber formulations are further propelling the positive trajectory of the glass mat material market.
The Thailand Glass Mat Material market faces challenges associated with raw material availability and cost fluctuations. The production of glass mat materials relies heavily on glass fiber, and any disruptions in the supply chain can impact market stability. Fluctuations in raw material prices can also affect the overall cost structure, making it challenging for market players to maintain competitive pricing. Developing strategies to secure a stable supply chain and managing costs effectively are critical for the sustainable growth of the market.
The Thailand Glass Mat Material market faced challenges during the COVID-19 pandemic, with disruptions in construction and infrastructure projects. The market is recovering as these sectors resume normal activities, and there is a growing demand for reinforced materials in various applications. Manufacturers are focusing on providing glass mat materials for use in roofing, flooring, and composite structures, addressing the need for durability and strength in the post-pandemic landscape.
Prominent players in the Thailand Glass Mat Material Market include Owens Corning, Nippon Electric Glass Co., Ltd., and Jushi Group Co., Ltd. These key players are actively contributing to the growth of the glass mat material market in Thailand with their innovative products and 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 Material Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Glass Mat Material Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Glass Mat Material Market - Industry Life Cycle |
3.4 Thailand Glass Mat Material Market - Porter's Five Forces |
3.5 Thailand Glass Mat Material Market Revenues & Volume Share, By Glass Type, 2021 & 2031F |
3.6 Thailand Glass Mat Material Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Thailand Glass Mat Material Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Glass Mat Material Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and eco-friendly materials in construction and automotive industries. |
4.2.2 Growing infrastructure development projects in Thailand. |
4.2.3 Rising awareness about the benefits of using glass mat materials in various applications. |
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 Stringent regulations and standards related to environmental impact and safety concerns. |
5 Thailand Glass Mat Material Market Trends |
6 Thailand Glass Mat Material Market, By Types |
6.1 Thailand Glass Mat Material Market, By Glass Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Glass Mat Material Market Revenues & Volume, By Glass Type, 2021-2031F |
6.1.3 Thailand Glass Mat Material Market Revenues & Volume, By E-Glass, 2021-2031F |
6.1.4 Thailand Glass Mat Material Market Revenues & Volume, By ECR-Glass, 2021-2031F |
6.1.5 Thailand Glass Mat Material Market Revenues & Volume, By H-Glass, 2021-2031F |
6.1.6 Thailand Glass Mat Material Market Revenues & Volume, By AR-Glass, 2021-2031F |
6.1.7 Thailand Glass Mat Material Market Revenues & Volume, By S-Glass, 2021-2031F |
6.2 Thailand Glass Mat Material Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Glass Mat Material Market Revenues & Volume, By Glass Wool, 2021-2031F |
6.2.3 Thailand Glass Mat Material Market Revenues & Volume, By Direct , 2021-2031F |
6.2.4 Thailand Glass Mat Material Market Revenues & Volume, By Assembled Roving, 2021-2031F |
6.2.5 Thailand Glass Mat Material Market Revenues & Volume, By Yarn, 2021-2031F |
6.2.6 Thailand Glass Mat Material Market Revenues & Volume, By Chopped Strand, 2021-2031F |
6.3 Thailand Glass Mat Material Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Glass Mat Material Market Revenues & Volume, By Composites, 2021-2031F |
6.3.3 Thailand Glass Mat Material Market Revenues & Volume, By Insulation, 2021-2031F |
7 Thailand Glass Mat Material Market Import-Export Trade Statistics |
7.1 Thailand Glass Mat Material Market Export to Major Countries |
7.2 Thailand Glass Mat Material Market Imports from Major Countries |
8 Thailand Glass Mat Material Market Key Performance Indicators |
8.1 Percentage of glass mat material used in new construction projects. |
8.2 Number of partnerships or collaborations with key players in the construction and automotive industries. |
8.3 Research and development investment in innovative glass mat material technologies. |
8.4 Adoption rate of glass mat materials in emerging applications such as renewable energy and aerospace industries. |
9 Thailand Glass Mat Material Market - Opportunity Assessment |
9.1 Thailand Glass Mat Material Market Opportunity Assessment, By Glass Type, 2021 & 2031F |
9.2 Thailand Glass Mat Material Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Thailand Glass Mat Material Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Glass Mat Material Market - Competitive Landscape |
10.1 Thailand Glass Mat Material Market Revenue Share, By Companies, 2024 |
10.2 Thailand Glass Mat Material Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |