Product Code: ETC355076 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Ghana Glass Mat market currently, in 2023, has witnessed an HHI of 3187, Which has increased slightly as compared to the HHI of 1572 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Glass mats are non-woven fabrics made of glass fibers bonded with resin, used for reinforcement and reinforcement in composite materials such as fiberglass laminates, roofing shingles, and automotive components. In Ghana, the glass mat market is growing as industries adopt lightweight and durable materials for structural and non-structural applications, driving demand for glass mat products in construction, transportation, and industrial sectors.
The Ghana glass mat market is experiencing growth propelled by the increasing demand for reinforcement materials in composites manufacturing, construction, and automotive industries. Glass mats, comprising randomly oriented glass fibers bonded together with a binder, offer superior strength, stiffness, and impact resistance compared to traditional materials such as paper and fiberglass cloth. Factors such as infrastructure development projects, lightweighting initiatives, and the need for high-performance materials are driving the adoption of glass mats in Ghana. Moreover, advancements in material formulations, processing techniques, and product customization options are further fueling market growth in the country.
Challenges facing the glass mat market in Ghana include material handling and processing challenges for producing reinforced fiberglass mats used in roofing, flooring, and composite manufacturing applications. Moreover, addressing product quality and consistency concerns may pose obstacles for glass mat manufacturers in meeting industry standards and customer expectations for performance and durability.
With its applications in roofing, flooring, and composite materials, glass mat provides reinforcement and stability for various construction and industrial products. The government of Ghana has implemented policies to support the development of the glass mat market, including incentives for local production and processing of mat materials, investment in research and development of advanced mat formulations and manufacturing techniques, and promotion of standards and regulations to ensure product quality and performance in glass mat applications.
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 Ghana Glass Mat Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Glass Mat Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Glass Mat Market - Industry Life Cycle |
3.4 Ghana Glass Mat Market - Porter's Five Forces |
3.5 Ghana Glass Mat Market Revenues & Volume Share, By Mat Type, 2021 & 2031F |
3.6 Ghana Glass Mat Market Revenues & Volume Share, By Binder Type, 2021 & 2031F |
3.7 Ghana Glass Mat Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.8 Ghana Glass Mat Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Ghana Glass Mat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Glass Mat Market Trends |
6 Ghana Glass Mat Market, By Types |
6.1 Ghana Glass Mat Market, By Mat Type |
6.1.1 Overview and Analysis |
6.1.2 Ghana Glass Mat Market Revenues & Volume, By Mat Type, 2021-2031F |
6.1.3 Ghana Glass Mat Market Revenues & Volume, By Chopped Strand Mat, 2021-2031F |
6.1.4 Ghana Glass Mat Market Revenues & Volume, By Continuous Filament Mat, 2021-2031F |
6.2 Ghana Glass Mat Market, By Binder Type |
6.2.1 Overview and Analysis |
6.2.2 Ghana Glass Mat Market Revenues & Volume, By Emulsion Bonded Glass Mat, 2021-2031F |
6.2.3 Ghana Glass Mat Market Revenues & Volume, By Powder Bonded Glass Mat, 2021-2031F |
6.3 Ghana Glass Mat Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Ghana Glass Mat Market Revenues & Volume, By Drywall Tape & Accessories, 2021-2031F |
6.3.3 Ghana Glass Mat Market Revenues & Volume, By Flooring Enforcement, 2021-2031F |
6.3.4 Ghana Glass Mat Market Revenues & Volume, By Wall Reinforcement, 2021-2031F |
6.3.5 Ghana Glass Mat Market Revenues & Volume, By Roofing And Waterproofing, 2021-2031F |
6.3.6 Ghana Glass Mat Market Revenues & Volume, By Insulation, 2021-2031F |
6.4 Ghana Glass Mat Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Ghana Glass Mat Market Revenues & Volume, By Marine, 2021-2031F |
6.4.3 Ghana Glass Mat Market Revenues & Volume, By Construction, 2021-2031F |
6.4.4 Ghana Glass Mat Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 Ghana Glass Mat Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.6 Ghana Glass Mat Market Revenues & Volume, By Others, 2021-2031F |
7 Ghana Glass Mat Market Import-Export Trade Statistics |
7.1 Ghana Glass Mat Market Export to Major Countries |
7.2 Ghana Glass Mat Market Imports from Major Countries |
8 Ghana Glass Mat Market Key Performance Indicators |
9 Ghana Glass Mat Market - Opportunity Assessment |
9.1 Ghana Glass Mat Market Opportunity Assessment, By Mat Type, 2021 & 2031F |
9.2 Ghana Glass Mat Market Opportunity Assessment, By Binder Type, 2021 & 2031F |
9.3 Ghana Glass Mat Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 Ghana Glass Mat Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Ghana Glass Mat Market - Competitive Landscape |
10.1 Ghana Glass Mat Market Revenue Share, By Companies, 2024 |
10.2 Ghana Glass Mat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |