Diesel Engines Market by Speed (Low, Medium, High), Power Rating (Below 0.5 MW, 0.5-1.0 MW, 1.1-2.0 MW, 2.1-5.0 MW, Above 5.0 MW), End User (Power Generation, Marine, Locomotive, Mining, Oil & Gas, Construction) & Region - Global Forecast to 2028

Abstract
The global diesel engines market is estimated to grow from USD 63.9 Billion in 2023 to USD 78.8 Billion by 2028; it is expected to record a CAGR of 4.3% during the forecast period. Increasing rising electricity consumption driving the need to fulfill the growing energy requirements with backup power solutions is expected to boost the market.

“High-Speed engines is projected to be the largest growing segment in the market “

Based on speed, the diesel engine market has been categorized into low, medium, and high. High-speed engines are expected to be the largest segment in the diesel engines market. The high-speed engines include engine speeds of 1200–1800 rpm and above 1800 rpm. The power generation industry is the primary end-user for diesel engines, majorly of high speed, hence expected to drive the growth of this segment.

“Below 0.5 MW followed by 1.1-2.0 MW segment is expected to emerge as the largest segments based on power rating”

The diesel engine market has been categorized based on power rating as below 0.5 MW, 0.5–1 MW, 1.1–2 MW, 2.1–5 MW, and above 5 MW. 1.1–2.0 MW is the second largest diesel engine segment in the diesel engine market. Residential and commercial end users usually prefer low-power options. Medium-power models are generally used in commercial and small-scale industrial applications. Large hospitals, data centers, and commercial facilities also install multiple 1.1–2.0 MW units operating in parallel to support their large connected loads. Therefore, increased investments in the data center space are expected to contribute to segment growth.

“By End User, the power generation segment is expected to be the fastest growing market during the forecast period.”

Based on end user, the power generation segment is expected to be the fastest-growing segment during the forecast period. Power generation end users require a reliable, uninterrupted power supply to carry out operations without hindrances. Unlike the power generated from conventional power plants, renewable sources are not dispatchable and fluctuate over time. Hence, power plants constructed with diesel engines are the ideal complement to intermittent renewables in the power generation sector.

“North America is expected to be the second fastest-growing region in the diesel engines market.”

North America, after Asia Pacific, is expected to be the second fastest region in the diesel engines market during the forecast period. The market growth in North America can be attributed to the urbanization in the region. Aging infrastructures resulting in power blackouts in the region, lead to economic losses. In a large-scale outage, diesel power engines will likely play a key role as a backup source of electricity generation.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:
By Company Type: Tier 1- 40%, Tier 2- 35%, and Tier 3- 25%
By Designation: C-Level- 35%, Director Levels- 25%, and Others- 40%
By Region: North America- 5%, Asia Pacific- 60%, Europe- 5%, South America- 5%, Middle East & Africa- 25%

Note: Others include product engineers, product specialists, and engineering leads.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

The diesel engines market is dominated by many global players that have a wide regional and gloal presence. The leading players in the diesel engine market are Caterpillar (US), Cummins Inc. (US), Volvo Penta (Sweden), Hyundai Heavy Industries (South Korea), and MAN Energy Solutions (Germany).

Research Coverage:
The report defines, describes, and forecasts the global diesel engine market by speed, power rating, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the diesel engines market.

Key Benefits of Buying the Report
•High rate of adoption of power backup solutions driving the need for diesel engines is a major driver for the market.
•Product Development/ Innovation: With built-in upgradability and fuel flexibility, Wartsila adds two-stage turbocharging to deliver unprecedented efficiency and power density across a wide operational range for vessels in every segment. It represents the next generation of medium-speed engines. It is designed to set a new benchmark for fuel efficiency and emissions performance and is ready to run on future fuels.
•Market Development: Cummins Inc. and Isuzu Motors Limited (Isuzu) announced agreements for a global mid-range diesel powertrain and an advanced engineering collaboration, marking another step forward in the Isuzu Cummins Powertrain Partnership (ICPP). Under this global mid-range diesel collaboration agreement, Cummins provided Isuzu mid-range B6.7 diesel platforms for medium-size trucks to meet global customer needs.
•Market Diversification: The power demands of remote sites are met through diesel generators. However, the growing power demand can be met by deploying hybrid power systems designed according to the individual power requirements of residential and non-residential customers. The hybrid power system combines diesel generators with renewable sources (wind, solar, or both) to ensure a 24*7 power supply to off-grid sites with fewer interruptions.
•Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Caterpillar (US), Cummins Inc. (US), Volvo Penta (Sweden), Hyundai Heavy Industries (South Korea), and MAN Energy Solutions (Germany) among others in the diesel engines market.

Content
Table of Contents

1INTRODUCTION38
1.1STUDY OBJECTIVES38
1.2MARKET DEFINITION38
1.2.1INCLUSIONS & EXCLUSIONS39
1.3STUDY SCOPE39
FIGURE 1GLASS MAT MARKET SEGMENTATION39
1.3.1REGIONS COVERED40
1.3.2YEARS CONSIDERED40
1.4CURRENCY41
1.5UNITS CONSIDERED41
1.6LIMITATIONS41
1.7STAKEHOLDERS41
1.8SUMMARY OF CHANGES42
1.8.1IMPACT OF RECESSION42
2RESEARCH METHODOLOGY43
2.1RESEARCH APPROACH43
FIGURE 2GLASS MAT MARKET: RESEARCH DESIGN44
2.2BASE NUMBER CALCULATION45
2.2.1APPROACH 1: SUPPLY-SIDE ANALYSIS45
2.2.2APPROACH 2: DEMAND-SIDE ANALYSIS45
2.3IMPACT OF RECESSION46
2.4FORECAST NUMBER CALCULATION46
2.4.1SUPPLY SIDE46
2.4.2DEMAND SIDE46
2.5RESEARCH DATA47
2.5.1SECONDARY DATA47
2.5.1.1Key data from secondary sources47
2.5.2PRIMARY DATA47
2.5.2.1Key data from primary sources48
2.5.2.2Primary interviews with top glass mat manufacturers48
2.5.2.3Breakdown of primary interviews49
2.5.2.4Key industry insights49
2.6MARKET SIZE ESTIMATION50
2.6.1BOTTOM-UP APPROACH50
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH50
2.6.2TOP-DOWN APPROACH50
FIGURE 4TOP-DOWN APPROACH50
2.7DATA TRIANGULATION51
FIGURE 5GLASS MAT MARKET: DATA TRIANGULATION51
2.8FACTOR ANALYSIS52
2.9ASSUMPTIONS52
2.10MARKET GROWTH RATE ASSUMPTIONS/GROWTH FORECAST53
2.11LIMITATIONS53
2.12RISKS ASSOCIATED WITH GLASS MAT MARKET53
3EXECUTIVE SUMMARY54
FIGURE 6CHOPPED STRAND GLASS MAT SEGMENT DOMINATED GLOBAL GLASS MAT MARKET IN 202255
FIGURE 7EMULSION BONDED GLASS MAT SEGMENT ACCOUNTED FOR LARGER MARKET SHARE BASED ON BINDER TYPE IN 202255
FIGURE 8WET-LAID MANUFACTURING PROCESS TO BE LARGEST SEGMENT IN 202356
FIGURE 9CONSTRUCTION & INFRASTRUCTURE INDUSTRY ACCOUNTED FOR LARGEST SHARE OF GLASS MAT MARKET IN 202256
FIGURE 10ASIA PACIFIC LED GLASS MAT MARKET IN 202257
4PREMIUM INSIGHTS58
4.1ATTRACTIVE OPPORTUNITIES IN GLASS MAT MARKET58
FIGURE 11SIGNIFICANT GROWTH EXPECTED IN GLASS MAT MARKET BETWEEN 2023 AND 202858
4.2GLASS MAT MARKET, BY MAT TYPE AND REGION58
FIGURE 12CHOPPED STRAND MAT AND ASIA PACIFIC DOMINATED MARKET IN 202258
4.3GLASS MAT MARKET, BY BINDER TYPE59
FIGURE 13EMULSION BONDED GLASS MAT SEGMENT CONTRIBUTED LARGER SHARE TO MARKET IN 202259
4.4GLASS MAT MARKET, BY MANUFACTURING PROCESS59
FIGURE 14WET-LAID MANUFACTURING PROCESS SEGMENT CONTRIBUTED LARGEST SHARE TO MARKET IN 202259
4.5GLASS MAT MARKET, BY END-USE INDUSTRY60
FIGURE 15CONSTRUCTION & INFRASTRUCTURE LARGEST SEGMENT OF MARKET IN 202260
4.6GLASS MAT MARKET GROWTH, BY KEY COUNTRIES60
FIGURE 16SAUDI ARABIA TO BE FASTEST-GROWING GLASS MAT MARKET DURING FORECAST PERIOD60
5MARKET OVERVIEW61
5.1INTRODUCTIONS61
5.2MARKET DYNAMICS61
FIGURE 17DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN GLASS MAT MARKET61
5.2.1DRIVERS62
5.2.1.1Increased use in construction and infrastructure industries62
5.2.1.2Rise in demand for lightweight products in automotive & transportation sector62
TABLE 1NUMBER OF FCEVS, BY MAJOR COUNTRY/REGION, 202163
5.2.1.3Increased demand for open molding in emerging countries63
5.2.2RESTRAINTS64
5.2.2.1Increased automation resulting in reduced use across industries64
5.2.2.2Rapid adoption of close molding method in developed countries64
5.2.3OPPORTUNITIES64
5.2.3.1Penetration of composite materials in emerging economies64
5.2.3.2Rise in demand from emerging markets due to growth in end-use industries64
TABLE 2NEW WIND POWER INSTALLATIONS (ONSHORE), BY REGION, 2022 & 202765
5.2.3.3Increased demand in construction and infrastructure industries in Middle East & Africa65
5.2.4CHALLENGES65
5.2.4.1Lack of major research and technical advancements65
5.2.4.2Competition from alternative substitutes65
5.3PORTER’S FIVE FORCES ANALYSIS66
FIGURE 18GLASS MAT MARKET: PORTER’S FIVE FORCES ANALYSIS66
5.3.1BARGAINING POWER OF BUYERS66
5.3.2BARGAINING POWER OF SUPPLIERS67
5.3.3THREAT OF NEW ENTRANTS67
5.3.4THREAT OF SUBSTITUTES67
5.3.5INTENSITY OF COMPETITIVE RIVALRY67
TABLE 3GLASS MAT MARKET: PORTER’S FIVE FORCES ANALYSIS68
5.4SUPPLY CHAIN ANALYSIS68
TABLE 4GLASS MAT MARKET: COMPANIES AND THEIR ROLE IN ECOSYSTEM68
5.5PRICING ANALYSIS69
5.5.1AVERAGE SELLING PRICES IN END-USE INDUSTRIES, BY KEY PLAYERS69
FIGURE 19AVERAGE SELLING PRICES IN TOP 3 END-USE INDUSTRIES, BY KEY PLAYERS (USD/KG)69
TABLE 5AVERAGE SELLING PRICES IN TOP 3 END-USE INDUSTRIES, BY KEY PLAYERS (USD/KG)70
5.6AVERAGE SELLING PRICES, BY MAT TYPE70
FIGURE 20AVERAGE SELLING PRICES OF DIFFERENT MAT TYPES (USD/KG)70
5.7AVERAGE SELLING PRICES, BY BINDER TYPE70
FIGURE 21AVERAGE SELLING PRICES OF DIFFERENT BINDER TYPES (USD/KG)70
5.8AVERAGE SELLING PRICE TREND71
TABLE 6AVERAGE SELLING PRICE TREND IN GLASS MAT MARKET, BY REGION71
5.9KEY STAKEHOLDERS & BUYING CRITERIA71
5.9.1KEY STAKEHOLDERS IN BUYING PROCESS71
FIGURE 22INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USE INDUSTRIES71
TABLE 7INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USE INDUSTRIES72
5.9.2BUYING CRITERIA72
FIGURE 23KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES72
TABLE 8KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES72
5.10TECHNOLOGY ANALYSIS73
TABLE 9GLASS MAT MANUFACTURING PROCESS73
5.11ECOSYSTEM: GLASS MAT MARKET74
5.12VALUE CHAIN ANALYSIS74
FIGURE 24VALUE CHAIN ANALYSIS: GLASS MAT MARKET74
5.13CASE STUDY ANALYSIS75
5.14TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS75
5.15KEY MARKETS FOR IMPORT/EXPORT76
5.15.1JAPAN76
5.15.2CHINA76
5.15.3TAIWAN76
5.15.4US76
5.15.5INDIA77
5.16TARIFF AND REGULATIONS77
5.16.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS77
TABLE 10NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS77
TABLE 11EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS78
TABLE 12ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS79
TABLE 13REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS79
5.17GLASS MAT MARKET: OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS80
TABLE 14GLASS MAT MARKET: CAGR (BY VALUE) IN OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS80
5.17.1OPTIMISTIC SCENARIO80
5.17.2PESSIMISTIC SCENARIO80
5.17.3REALISTIC SCENARIO80
5.17.4STANDARDS FOR GLASS MAT MARKET80
TABLE 15CURRENT STANDARD CODES FOR GLASS MAT MARKET81
5.18PATENT ANALYSIS82
5.18.1INTRODUCTION82
5.18.2METHODOLOGY82
5.18.3DOCUMENT TYPE82
TABLE 16GLASS MAT MARKET: GLOBAL PATENTS82
FIGURE 25GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE83
FIGURE 26GLOBAL PATENT PUBLICATION TREND, 2012-202283
5.18.4INSIGHTS83
5.18.5LEGAL STATUS OF PATENTS83
FIGURE 27GLASS MAT MARKET: LEGAL STATUS OF PATENTS84
5.18.6JURISDICTION ANALYSIS84
FIGURE 28GLOBAL JURISDICTION ANALYSIS84
5.18.7ANALYSIS OF TOP APPLICANTS85
FIGURE 29GLOBAL ANALYSIS OF TOP PATENT APPLICANTS85
5.18.8PATENTS BY JOHNS MANVILLE85
5.18.9PATENTS BY BMIC LLC86
5.18.10PATENTS BY NIPPO ELECTRIC CO., LTD.86
5.18.11US: TOP 10 PATENT OWNERS IN LAST 10 YEARS87
5.19KEY CONFERENCES & EVENTS87
TABLE 17DETAILED LIST OF CONFERENCES & EVENTS RELATED TO GLASS MAT AND RELATED MARKETS, 2023 & 202487
6GLASS MAT MARKET, BY MAT TYPE89
6.1INTRODUCTION90
FIGURE 30CHOPPED STRAND MAT TO DOMINATE GLASS MAT MARKET90
TABLE 18GLASS MAT MARKET, BY MAT TYPE, 2018–2022 (KILOTON)90
TABLE 19GLASS MAT MARKET, BY MAT TYPE, 2018–2022 (USD MILLION)90
TABLE 20GLASS MAT MARKET, BY MAT TYPE, 2023–2028 (KILOTON)91
TABLE 21GLASS MAT MARKET, BY MAT TYPE, 2023–2028 (USD MILLION)91
6.2CHOPPED STRAND GLASS MAT91
6.2.1GROWTH IN AUTOMOTIVE AND CONSTRUCTION INDUSTRIES TO DRIVE SEGMENT91
FIGURE 31CHOPPED STRAND GLASS MAT MARKET TO REGISTER HIGHEST GROWTH IN ASIA PACIFIC92
6.2.2CHOPPED STRAND GLASS MAT MARKET, BY REGION92
TABLE 22CHOPPED STRAND GLASS MAT MARKET SIZE, BY REGION, 2018–2022 (KILOTON)92
TABLE 23CHOPPED STRAND GLASS MAT MARKET SIZE, BY REGION, 2018–2022 (USD MILLION)92
TABLE 24CHOPPED STRAND GLASS MAT MARKET SIZE, BY REGION, 2023–2028 (KILOTON)93
TABLE 25CHOPPED STRAND GLASS MAT MARKET, BY REGION, 2023–2028 (USD MILLION)93
6.3CONTINUOUS FILAMENT GLASS MAT93
6.3.1INCREASED DEMAND IN INDUSTRIAL APPLICATIONS TO PROPEL SEGMENT93
FIGURE 32ASIA PACIFIC TO DOMINATE CONTINUOUS FILAMENT GLASS MAT MARKET94
6.3.2CONTINUOUS FILAMENT GLASS MAT MARKET, BY REGION94
TABLE 26CONTINUOUS FILAMENT GLASS MAT MARKET SIZE, BY REGION, 2018–2022 (KILOTON)94
TABLE 27CONTINUOUS FILAMENT GLASS MAT MARKET SIZE, BY REGION, 2018–2022 (USD MILLION)94
TABLE 28CONTINUOUS FILAMENT GLASS MAT MARKET SIZE, BY REGION, 2023–2028 (KILOTON)95
TABLE 29CONTINUOUS FILAMENT GLASS MAT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION)95
7GLASS MAT MARKET, BY BINDER TYPE96
7.1INTRODUCTION97
FIGURE 33EMULSION BONDED GLASS MAT TO DOMINATE GLASS MAT MARKET DURING FORECAST PERIOD97
TABLE 30GLASS MAT MARKET, BY BINDER TYPE, 2018–2022 (KILOTON)97
TABLE 31GLASS MAT MARKET, BY BINDER TYPE, 2018–2022 (USD MILLION)97
TABLE 32GLASS MAT MARKET, BY BINDER TYPE, 2023–2028 (KILOTON)98
TABLE 33GLASS MAT MARKET, BY BINDER TYPE, 2023–2028 (USD MILLION)98
7.2EMULSION BONDED GLASS MAT98
7.2.1SUPERIOR PROPERTIES COMPARED WITH POWDER BONDED GLASS MATS TO DRIVE SEGMENT98
FIGURE 34ASIA PACIFIC TO REGISTER FASTEST GROWTH IN EMULSION BONDED GLASS MAT MARKET99
7.2.2EMULSION BONDED GLASS MAT MARKET, BY REGION99
TABLE 34EMULSION BONDED GLASS MAT MARKET SIZE, BY REGION, 2018–2022 (KILOTON)99
TABLE 35EMULSION BONDED GLASS MAT MARKET SIZE, BY REGION, 2018–2022 (USD MILLION)99
TABLE 36EMULSION BONDED GLASS MAT MARKET SIZE, BY REGION, 2023–2028 (KILOTON)100
TABLE 37EMULSION BONDED GLASS MAT MARKET, BY REGION, 2023–2028 (USD MILLION)100
7.3POWDER BONDED GLASS MAT101
7.3.1COMPATIBILITY WITH EPOXY RESIN TO PROPEL SEGMENT101
FIGURE 35ASIA PACIFIC TO DOMINATE POWDER BONDED GLASS MAT MARKET101
7.3.2POWDER BONDED GLASS MAT MARKET, BY REGION101
TABLE 38POWDER BONDED GLASS MAT MARKET SIZE, BY REGION, 2018–2022 (KILOTON)101
TABLE 39POWDER BONDED GLASS MAT MARKET SIZE, BY REGION, 2018–2022 (USD MILLION)102
TABLE 40POWDER BONDED GLASS MAT MARKET SIZE, BY REGION, 2023–2028 (KILOTON)102
TABLE 41POWDER BONDED GLASS MAT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION)102
8GLASS MAT MARKET, BY MANUFACTURING PROCESS103
8.1INTRODUCTION104
FIGURE 36WET-LAID MANUFACTURING PROCESS SEGMENT TO DOMINATE GLASS MAT MARKET DURING FORECAST PERIOD104
TABLE 42GLASS MAT MARKET, BY MANUFACTURING PROCESS, 2018–2022 (KILOTON)104
TABLE 43GLASS MAT MARKET, BY MANUFACTURING PROCESS, 2018–2022 (USD MILLION)105
TABLE 44GLASS MAT MARKET, BY MANUFACTURING PROCESS, 2023–2028 (KILOTON)105
TABLE 45GLASS MAT MARKET, BY MANUFACTURING PROCESS, 2023–2028 (USD MILLION)105
9GLASS MAT MARKET, BY END-USE INDUSTRY106
9.1INTRODUCTION107
FIGURE 37CONSTRUCTION & INFRASTRUCTURE END-USE INDUSTRY TO DOMINATE GLASS MAT MARKET107
TABLE 46GLASS MAT MARKET, BY END-USE INDUSTRY, 2018–2022 (KILOTON)108
TABLE 47GLASS MAT MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)108
TABLE 48GLASS MAT MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)108
TABLE 49GLASS MAT MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)109
9.2CONSTRUCTION & INFRASTRUCTURE109
9.2.1INCREASED USE FOR TENSILE STRENGTH AND STRENGTH-TO-WEIGHT RATIO TO DRIVE SEGMENT109
FIGURE 38ASIA PACIFIC TO REGISTER FASTEST GROWTH IN GLASS MAT MARKET IN CONSTRUCTION & INFRASTRUCTURE END-USE INDUSTRY110
9.2.2GLASS MAT MARKET IN CONSTRUCTION & INFRASTRUCTURE END-USE INDUSTRY, BY REGION110
TABLE 50GLASS MAT MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE END-USE INDUSTRY, BY REGION, 2018–2022 (KILOTON)110
TABLE 51GLASS MAT MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE END-USE INDUSTRY, BY REGION, 2018–2022 (USD MILLION)111
TABLE 52GLASS MAT MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE END-USE INDUSTRY, BY REGION, 2023–2028 (KILOTON)111
TABLE 53GLASS MAT MARKET SIZE IN CONSTRUCTION & INFRASTRUCTURE END-USE INDUSTRY, BY REGION, 2023–2028 (USD MILLION)111
9.3INDUSTRIAL APPLICATIONS112
9.3.1EXTENSIVE USE IN CHEMICAL, OIL & GAS, AND PULP & PAPER INDUSTRIES TO PROPEL SEGMENT112
FIGURE 39ASIA PACIFIC EXPECTED TO DOMINATE GLASS MAT MARKET IN INDUSTRIAL APPLICATIONS END-USE INDUSTRY112
9.3.2GLASS MAT MARKET IN INDUSTRIAL APPLICATIONS END-USE INDUSTRY, BY REGION113
TABLE 54GLASS MAT MARKET SIZE IN INDUSTRIAL APPLICATIONS END-USE INDUSTRY, BY REGION, 2018–2022 (KILOTON)113
TABLE 55GLASS MAT MARKET SIZE IN INDUSTRIAL APPLICATIONS END-USE INDUSTRY, BY REGION, 2018–2022 (USD MILLION)113
TABLE 56GLASS MAT MARKET SIZE IN INDUSTRIAL APPLICATIONS END-USE INDUSTRY, BY REGION, 2023–2028 (KILOTON)113
TABLE 57GLASS MAT MARKET SIZE IN INDUSTRIAL APPLICATIONS END-USE INDUSTRY, BY REGION, 2023–2028 (USD MILLION)114
9.4AUTOMOTIVE & TRANSPORTATION114
9.4.1INCREASED ADOPTION TO IMPROVE VEHICLE PERFORMANCE TO PROPEL SEGMENT114
9.4.2GLASS MAT MARKET IN AUTOMOTIVE & TRANSPORTATION END-USE INDUSTRY, BY REGION115
TABLE 58GLASS MAT MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION END-USE INDUSTRY, BY REGION, 2018–2022 (KILOTON)115
TABLE 59GLASS MAT MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION END-USE INDUSTRY, BY REGION, 2018–2022 (USD MILLION)115
TABLE 60GLASS MAT MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION END-USE INDUSTRY, BY REGION, 2023–2028 (KILOTON)115
TABLE 61GLASS MAT MARKET SIZE IN AUTOMOTIVE & TRANSPORTATION END-USE INDUSTRY, BY REGION, 2023–2028 (USD MILLION)116
9.5MARINE116
9.5.1LOW MAINTENANCE AND RESISTANCE TO CORROSION AND WATERLOGGING PROPERTIES TO BOOST SEGMENT116
9.5.2GLASS MAT MARKET IN MARINE END-USE INDUSTRY, BY REGION117
TABLE 62GLASS MAT MARKET SIZE IN MARINE END-USE INDUSTRY, BY REGION, 2018–2022 (KILOTON)117
TABLE 63GLASS MAT MARKET SIZE IN MARINE END-USE INDUSTRY, BY REGION, 2018–2022 (USD MILLION)117
TABLE 64GLASS MAT MARKET SIZE IN MARINE END-USE INDUSTRY, BY REGION, 2023–2028 (KILOTON)117
TABLE 65GLASS MAT MARKET SIZE IN MARINE END-USE INDUSTRY, BY REGION, 2023–2028 (USD MILLION)118
9.6SPORTS & LEISURE GOODS118
9.6.1INCREASED DEMAND FOR SPORTING GOODS FROM ASIA PACIFIC AND NORTH AMERICA TO DRIVE SEGMENT118
9.6.2GLASS MAT MARKET IN SPORTS & LEISURE GOODS END-USE INDUSTRY, BY REGION118
TABLE 66GLASS MAT MARKET SIZE IN SPORTS & LEISURE GOODS END-USE INDUSTRY, BY REGION, 2018–2022 (KILOTON)118
TABLE 67GLASS MAT MARKET SIZE IN SPORTS & LEISURE GOODS END-USE INDUSTRY, BY REGION, 2018–2022 (USD MILLION)119
TABLE 68GLASS MAT MARKET SIZE IN SPORTS & LEISURE GOODS END-USE INDUSTRY, BY REGION, 2023–2028 (KILOTON)119
TABLE 69GLASS MAT MARKET SIZE IN SPORTS & LEISURE GOODS END-USE INDUSTRY, BY REGION, 2023–2028 (USD MILLION)119
9.7OTHER INDUSTRIES120
9.7.1GLASS MAT MARKET IN OTHER END-USE INDUSTRIES, BY REGION120
TABLE 70GLASS MAT MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2018–2022 (KILOTON)120
TABLE 71GLASS MAT MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2018–2022 (USD MILLION)121
TABLE 72GLASS MAT MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2023–2028 (KILOTON)121
TABLE 73GLASS MAT MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2023–2028 (USD MILLION)122
10GLASS MAT MARKET, BY REGION123
10.1INTRODUCTION124
FIGURE 40SAUDI ARABIA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD124
TABLE 74GLASS MAT MARKET SIZE, BY REGION, 2018–2022 (KILOTON)124
TABLE 75GLASS MAT MARKET SIZE, BY REGION, 2018–2022 (USD MILLION)125
TABLE 76GLASS MAT MARKET SIZE, BY REGION, 2023–2028 (KILOTON)125
TABLE 77GLASS MAT MARKET SIZE, BY REGION, 2023–2028 (USD MILLION)125
10.2NORTH AMERICA126
10.2.1IMPACT OF RECESSION126
FIGURE 41NORTH AMERICA: GLASS MAT MARKET SNAPSHOT127
10.2.2NORTH AMERICA: GLASS MAT MARKET, BY MAT TYPE127
TABLE 78NORTH AMERICA: GLASS MAT MARKET SIZE, BY MAT TYPE, 2018–2022 (KILOTON)127
TABLE 79NORTH AMERICA: GLASS MAT MARKET SIZE, BY MAT TYPE, 2018–2022 (USD MILLION)128
TABLE 80NORTH AMERICA: GLASS MAT MARKET SIZE, BY MAT TYPE, 2023–2028 (KILOTON)128
TABLE 81NORTH AMERICA: GLASS MAT MARKET SIZE, BY MAT TYPE, 2023–2028 (USD MILLION)128
10.2.3NORTH AMERICA: GLASS MAT MARKET, BY BINDER TYPE128
TABLE 82NORTH AMERICA: GLASS MAT MARKET SIZE, BY BINDER TYPE, 2018–2022 (KILOTON)128
TABLE 83NORTH AMERICA: GLASS MAT MARKET SIZE, BY BINDER TYPE, 2018–2022 (USD MILLION)129
TABLE 84NORTH AMERICA: GLASS MAT MARKET SIZE, BY BINDER TYPE, 2023–2028 (KILOTON)129
TABLE 85NORTH AMERICA: GLASS MAT MARKET SIZE, BY BINDER TYPE, 2023–2028 (USD MILLION)129
10.2.4NORTH AMERICA: GLASS MAT MARKET, BY END-USE INDUSTRY130
TABLE 86NORTH AMERICA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)130
TABLE 87NORTH AMERICA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)130
TABLE 88NORTH AMERICA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)131
TABLE 89NORTH AMERICA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)131
10.2.5NORTH AMERICA: GLASS MAT MARKET, BY COUNTRY132
TABLE 90NORTH AMERICA: GLASS MAT MARKET SIZE, BY COUNTRY, 2018–2022 (KILOTON)132
TABLE 91NORTH AMERICA: GLASS MAT MARKET SIZE, BY COUNTRY, 2018–2022 (USD MILLION)132
TABLE 92NORTH AMERICA: GLASS MAT MARKET SIZE, BY COUNTRY, 2023–2028 (KILOTON)132
TABLE 93NORTH AMERICA: GLASS MAT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)132
10.2.5.1US133
10.2.5.1.1Growth of construction & infrastructure and automotive & transportation sectors to drive market133
10.2.5.1.2US: glass mat market, by end-use industry133
TABLE 94US: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)133
TABLE 95US: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)134
TABLE 96US: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)134
TABLE 97US: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)134
10.2.5.2Canada135
10.2.5.2.1Surge in demand from automotive & transportation and wind energy sectors to drive market135
10.2.5.2.2Canada: glass mat market, by end-use industry135
TABLE 98CANADA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)135
TABLE 99CANADA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)136
TABLE 100CANADA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)136
TABLE 101CANADA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)137
10.3EUROPE137
10.3.1IMPACT OF RECESSION137
FIGURE 42EUROPE: GLASS MAT MARKET SNAPSHOT138
10.3.2EUROPE: GLASS MAT MARKET, BY MAT TYPE138
TABLE 102EUROPE: GLASS MAT MARKET SIZE, BY MAT TYPE, 2018–2022 (KILOTON)138
TABLE 103EUROPE: GLASS MAT MARKET SIZE, BY MAT TYPE, 2018–2022 (USD MILLION)139
TABLE 104EUROPE: GLASS MAT MARKET SIZE, BY MAT TYPE, 2023–2028 (KILOTON)139
TABLE 105EUROPE: GLASS MAT MARKET SIZE, BY MAT TYPE, 2023–2028 (USD MILLION)139
10.3.3EUROPE: GLASS MAT MARKET, BY BINDER TYPE139
TABLE 106EUROPE: GLASS MAT MARKET SIZE, BY BINDER TYPE, 2018–2022 (KILOTON)139
TABLE 107EUROPE: GLASS MAT MARKET SIZE, BY BINDER TYPE, 2018–2022 (USD MILLION)140
TABLE 108EUROPE: GLASS MAT MARKET SIZE, BY BINDER TYPE, 2023–2028 (KILOTON)140
TABLE 109EUROPE: GLASS MAT MARKET SIZE, BY BINDER TYPE, 2023–2028 (USD MILLION)140
10.3.4EUROPE: GLASS MAT MARKET, BY END-USE INDUSTRY141
TABLE 110EUROPE: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)141
TABLE 111EUROPE: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)141
TABLE 112EUROPE: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)142
TABLE 113EUROPE: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)142
10.3.5EUROPE: GLASS MAT MARKET, BY COUNTRY143
TABLE 114EUROPE: GLASS MAT MARKET SIZE, BY COUNTRY, 2018–2022 (KILOTON)143
TABLE 115EUROPE: GLASS MAT MARKET SIZE, BY COUNTRY, 2018–2022 (USD MILLION)143
TABLE 116EUROPE: GLASS MAT MARKET SIZE, BY COUNTRY, 2023–2028 (KILOTON)144
TABLE 117EUROPE: GLASS MAT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)144
10.3.5.1Germany145
10.3.5.1.1Large automotive industry to drive market145
10.3.5.1.2Germany: glass mat market, by end-use industry145
TABLE 118GERMANY: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)145
TABLE 119GERMANY: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)145
TABLE 120GERMANY: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)146
TABLE 121GERMANY: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)146
10.3.5.2Italy147
10.3.5.2.1Recovering economy to support market growth147
10.3.5.2.2Italy: glass mat market, by end-use industry147
TABLE 122ITALY: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)147
TABLE 123ITALY: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)147
TABLE 124ITALY: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)148
TABLE 125ITALY: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)148
10.3.5.3France149
10.3.5.3.1Increased use in wind turbines to drive market149
10.3.5.3.2France: glass mat market, by end-use industry149
TABLE 126FRANCE: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)149
TABLE 127FRANCE: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)149
TABLE 128FRANCE: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)150
TABLE 129FRANCE: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)150
10.3.5.4UK151
10.3.5.4.1Extensive use in manufacturing of cost-effective automobile parts to boost market151
10.3.5.4.2UK: glass mat market, by end-use industry151
TABLE 130UK: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)151
TABLE 131UK: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)151
TABLE 132UK: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)152
TABLE 133UK: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)152
10.3.5.5Spain153
10.3.5.5.1High demand from automotive sector to drive market153
10.3.5.5.2Spain: glass mat market, by end-use industry153
TABLE 134SPAIN: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)153
TABLE 135SPAIN: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)153
TABLE 136SPAIN: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)154
TABLE 137SPAIN: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)154
10.3.5.6Russia155
10.3.5.6.1Development of fiber-reinforced technologies to propel market155
10.3.5.6.2Russia: glass mat market, by end-use industry155
TABLE 138RUSSIA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)155
TABLE 139RUSSIA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)155
TABLE 140RUSSIA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)156
TABLE 141RUSSIA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)156
10.3.6REST OF EUROPE157
10.3.6.1Rest of Europe: glass mat market, by end-use industry157
TABLE 142REST OF EUROPE: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)157
TABLE 143REST OF EUROPE: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)157
TABLE 144REST OF EUROPE: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)158
TABLE 145REST OF EUROPE: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)158
10.4ASIA PACIFIC159
10.4.1IMPACT OF RECESSION159
FIGURE 43ASIA PACIFIC: GLASS MAT MARKET SNAPSHOT160
10.4.2ASIA PACIFIC: GLASS MAT MARKET, BY MAT TYPE160
TABLE 146ASIA PACIFIC: GLASS MAT MARKET SIZE, BY MAT TYPE, 2018–2022 (KILOTON)160
TABLE 147ASIA PACIFIC: GLASS MAT MARKET SIZE, BY MAT TYPE, 2018–2022 (USD MILLION)161
TABLE 148ASIA PACIFIC: GLASS MAT MARKET SIZE, BY MAT TYPE, 2023–2028 (KILOTON)161
TABLE 149ASIA PACIFIC: GLASS MAT MARKET SIZE, BY MAT TYPE, 2023–2028 (USD MILLION)161
10.4.3ASIA PACIFIC: GLASS MAT MARKET, BY BINDER TYPE161
TABLE 150ASIA PACIFIC: GLASS MAT MARKET SIZE, BY BINDER TYPE, 2018–2022 (KILOTON)161
TABLE 151ASIA PACIFIC: GLASS MAT MARKET SIZE, BY BINDER TYPE, 2018–2022 (USD MILLION)162
TABLE 152ASIA PACIFIC: GLASS MAT MARKET SIZE, BY BINDER TYPE, 2023–2028 (KILOTON)162
TABLE 153ASIA PACIFIC: GLASS MAT MARKET SIZE, BY BINDER TYPE, 2023–2028 (USD MILLION)162
10.4.4ASIA PACIFIC: GLASS MAT MARKET, BY END-USE INDUSTRY163
TABLE 154ASIA PACIFIC: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)163
TABLE 155ASIA PACIFIC: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)163
TABLE 156ASIA PACIFIC: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)164
TABLE 157ASIA PACIFIC: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)164
10.4.5ASIA PACIFIC: GLASS MAT MARKET, BY COUNTRY165
TABLE 158ASIA PACIFIC: GLASS MAT MARKET SIZE, BY COUNTRY, 2018–2022 (KILOTON)165
TABLE 159ASIA PACIFIC: GLASS MAT MARKET SIZE, BY COUNTRY, 2018–2022 (USD MILLION)165
TABLE 160ASIA PACIFIC: GLASS MAT MARKET SIZE, BY COUNTRY, 2023–2028 (KILOTON)165
TABLE 161ASIA PACIFIC: GLASS MAT MARKET SIZE, BY COUNTRY, 2023–2028 (USD MILLION)166
10.4.5.1China166
10.4.5.1.1Rise in number of non-residential construction projects to drive market166
10.4.5.1.2China: glass mat market, by end-use industry167
TABLE 162CHINA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)167
TABLE 163CHINA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)167
TABLE 164CHINA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)168
TABLE 165CHINA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)168
10.4.5.2Japan169
10.4.5.2.1Extensive product innovation to propel market169
10.4.5.2.2Japan: glass mat market, by end-use industry169
TABLE 166JAPAN: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)169
TABLE 167JAPAN: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)169
TABLE 168JAPAN: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)170
TABLE 169JAPAN: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)170
10.4.5.3India171
10.4.5.3.1Growth in construction & infrastructure end-use industries to fuel demand171
10.4.5.3.2India: glass mat market, by end-use industry171
TABLE 170INDIA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)171
TABLE 171INDIA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)171
TABLE 172INDIA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)172
TABLE 173INDIA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)172
10.4.5.4South Korea173
10.4.5.4.1Significant use in recreational equipment to drive market173
10.4.5.4.2South Korea: glass mat market, by end-use industry173
TABLE 174SOUTH KOREA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)173
TABLE 175SOUTH KOREA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)173
TABLE 176SOUTH KOREA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)174
TABLE 177SOUTH KOREA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)174
10.4.5.5Indonesia175
10.4.5.5.1Extensive use in transportation and construction & infrastructure industries to propel market175
10.4.5.5.2Indonesia: glass mat market, by end-use industry175
TABLE 178INDONESIA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)175
TABLE 179INDONESIA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)175
TABLE 180INDONESIA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)176
TABLE 181INDONESIA: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)176
10.4.5.6Rest of Asia Pacific177
10.4.5.6.1Rest of Asia Pacific: glass mat market, by end-use industry177
TABLE 182REST OF ASIA PACIFIC: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (KILOTON)177
TABLE 183REST OF ASIA PACIFIC: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)177
TABLE 184REST OF ASIA PACIFIC: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (KILOTON)178
TABLE 185REST OF ASIA PACIFIC: GLASS MAT MARKET SIZE, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)178