Aug 30, 2025
IndexBox has just published a new report: U.S. – Glass Fibre Mats – Market Analysis, Forecast, Size, Trends And Insights.
The glass fibre mats market in the United States is expected to see growth in both volume and value terms, with a forecasted CAGR of +0.4% for volume and +0.9% for value from 2024 to 2035. This upward trend in consumption is driven by increasing demand for glass fibre mats.
Market Forecast
Driven by increasing demand for glass fibre mats in the United States, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.4% for the period from 2024 to 2035, which is projected to bring the market volume to 398K tons by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +0.9% for the period from 2024 to 2035, which is projected to bring the market value to $1.3B (in nominal wholesale prices) by the end of 2035.
ConsumptionUnited States’s Consumption of Glass Fibre Mats
In 2024, consumption of glass fibre mats decreased by -0.2% to 380K tons, falling for the fourth year in a row after two years of growth. Over the period under review, consumption, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 4.4% against the previous year. Glass fibre mat consumption peaked at 388K tons in 2020; however, from 2021 to 2024, consumption remained at a lower figure.
The value of the glass fibre mat market in the United States contracted to $1.1B in 2024, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Overall, the total consumption indicated a tangible increase from 2013 to 2024: its value increased at an average annual rate of +2.9% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +7.7% against 2022 indices. Glass fibre mat consumption peaked at $1.2B in 2020; however, from 2021 to 2024, consumption remained at a lower figure.
ProductionUnited States’s Production of Glass Fibre Mats
In 2024, the amount of glass fibre mats produced in the United States contracted to 311K tons, waning by -11.3% against 2023. Overall, production continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 17% against the previous year. Over the period under review, production attained the maximum volume at 395K tons in 2013; however, from 2014 to 2024, production remained at a lower figure.
In value terms, glass fibre mat production declined to $966M in 2024. The total output value increased at an average annual rate of +1.3% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2023 with an increase of 27%. As a result, production reached the peak level of $1.1B, and then contracted in the following year.
ImportsUnited States’s Imports of Glass Fibre Mats
In 2024, the amount of glass fibre mats imported into the United States soared to 105K tons, picking up by 53% compared with the year before. In general, imports recorded a relatively flat trend pattern. Imports peaked at 179K tons in 2018; however, from 2019 to 2024, imports stood at a somewhat lower figure.
In value terms, glass fibre mat imports expanded sharply to $187M in 2024. Over the period under review, imports, however, saw a mild reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 34% against the previous year. As a result, imports attained the peak of $358M. From 2019 to 2024, the growth of imports remained at a lower figure.
Imports By Country
In 2024, China (65K tons) constituted the largest glass fibre mat supplier to the United States, with a 62% share of total imports. Moreover, glass fibre mat imports from China exceeded the figures recorded by the second-largest supplier, Mexico (12K tons), fivefold. Canada (7.9K tons) ranked third in terms of total imports with a 7.6% share.
From 2013 to 2024, the average annual rate of growth in terms of volume from China totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-4.5% per year) and Canada (-5.7% per year).
In value terms, China ($70M) constituted the largest supplier of glass fibre mats to the United States, comprising 38% of total imports. The second position in the ranking was taken by Canada ($34M), with an 18% share of total imports. It was followed by Mexico, with a 15% share.
From 2013 to 2024, the average annual rate of growth in terms of value from China stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-1.7% per year) and Mexico (-3.7% per year).
Import Prices By Country
In 2024, the average glass fibre mat import price amounted to $1,788 per ton, declining by -25.8% against the previous year. Over the period under review, the import price continues to indicate a slight setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 10%. Over the period under review, average import prices reached the maximum at $2,410 per ton in 2023, and then contracted markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,579 per ton), while the price for Morocco ($1,077 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Italy (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
ExportsUnited States’s Exports of Glass Fibre Mats
In 2024, shipments abroad of glass fibre mats decreased by -6.8% to 35K tons, falling for the second year in a row after two years of growth. In general, exports faced a abrupt slump. The pace of growth was the most pronounced in 2016 with an increase of 20%. As a result, the exports reached the peak of 134K tons. From 2017 to 2024, the growth of the exports failed to regain momentum.
In value terms, glass fibre mat exports fell to $121M in 2024. Over the period under review, exports recorded a perceptible slump. The most prominent rate of growth was recorded in 2015 when exports increased by 12% against the previous year. Over the period under review, the exports attained the peak figure at $207M in 2016; however, from 2017 to 2024, the exports failed to regain momentum.
Exports By Country
Canada (25K tons) was the main destination for glass fibre mat exports from the United States, accounting for a 72% share of total exports. Moreover, glass fibre mat exports to Canada exceeded the volume sent to the second major destination, Mexico (6.9K tons), fourfold. China (638 tons) ranked third in terms of total exports with a 1.8% share.
From 2013 to 2024, the average annual rate of growth in terms of volume to Canada amounted to -11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-1.7% per year) and China (-5.6% per year).
In value terms, Canada ($53M), Mexico ($49M) and Germany ($4.1M) constituted the largest markets for glass fibre mat exported from the United States worldwide, together accounting for 87% of total exports.
Mexico, with a CAGR of +0.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.
Export Prices By Country
In 2024, the average glass fibre mat export price amounted to $3,423 per ton, shrinking by -2% against the previous year. Overall, the export price, however, saw a strong increase. The pace of growth appeared the most rapid in 2017 an increase of 89%. Over the period under review, the average export prices hit record highs at $3,771 per ton in 2020; however, from 2021 to 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2024, amid the top suppliers, the country with the highest price was Mexico ($7,025 per ton), while the average price for exports to Canada ($2,073 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.