Global Glass Mat market is expected to reach 322.70 million USD by the end of 2022

The global Glass Mat market is valued at 293.53 million USD in 2016 and is expected to reach 322.70 million USD by the end of 2022, growing at a CAGR of 1.59% between 2016 and 2022.

Publisher: QYResearch

Published Date: 2018-05-25

The global market of Glass Mat Industry is really scattered due to the wide application and consumption scale.

In 2016, Glass Mat market managed to increase sales in USA, with the revenue 293.53 million USD. In the next five years, the USA revenue of Glass Mats will maintain a 1%~2% annual growth rate, revenue is expected in 2022 will be 322.70 Million USD.

The price of Glass Mats is slightly decreased in nearly five years. For being accorded with the corresponding application area, the product price has a large differences.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this areas, the future will still have more new investment enter the field.

As large demand of Glass Mats product, the domestic enterprises should hold the opportunity to improve their technology with domestic advantages, such as low raw material price.

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