Glass Surface Veils Market
The market for Glass Surface Veils was estimated at $358 million in 2024; it is anticipated to increase to $534 million by 2030, with projections indicating growth to around $745 million by 2035.
Global Glass Surface Veils Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Glass Surface Veils industry revenue is expected to be around $382.2 million in 2025 and expected to showcase growth with 6.9% CAGR between 2025 and 2034. The strong expansion of the Glass Surface Veils market is being driven by important factors The rising need in sectors like construction automotive and aerospace for top notch long lasting materials plays a crucial role Glass Surface Veils are increasingly favored in these industries due to their exceptional strength and resistance to corrosion Furthermore ongoing advancements in technology and improvements, in manufacturing methods are leading to more effective and budget friendly production of Glass Surface Veils which is boosting market growthThe markets growth is further fueled by the increasing focus, on sustainability and the adoption of materials. Glass Surface Veils show promise in this regard.
Glass Surface Veils are textiles made mainly of glass fibers that stand out for their smooth surface finish and impressive strength while being highly resistant to corrosion - qualities that make them perfect for a range of uses across different sectors like construction (for roofing and wall systems) automotive (to boost the resilience and visual charm of vehicle components) and aerospace (support, in ensuring the structural soundness of aircraft parts).
Market Key Insights
- The Glass Surface Veils market is projected to grow from $357.5 million in 2024 to $697 million in 2034. This represents a CAGR of 6.9%, reflecting rising demand across Marine Industry, Construction Industry and Automotive Sector.
- Owens Corning, Saint-Gobain, Nippon Electric Glass are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Glass Surface Veils market and are expected to observe the growth CAGR of 4.5% to 6.6% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 7.9% to 9.5%.
- Transition like Advancements in Material Science has greater influence in U.S. and Germany market's value chain; and is expected to add $21 million of additional value to Glass Surface Veils industry revenue by 2030.
- The Glass Surface Veils market is set to add $339 million between 2024 and 2034, with manufacturer targeting Electrical Insulation & Corrosion Resistance Applications projected to gain a larger market share.
- With
increasing demand in construction industry, and
technological advancements in manufacturing processes, Glass Surface Veils market to expand 95% between 2024 and 2034.
Opportunities in the Glass Surface Veils
Growth Opportunities in North America and Asia Pacific
Market Dynamics and Supply Chain
Driver: Increasing Demand in Construction Industry, and Rising Popularity in Automotive Sector
Restraint: High Production Cost
Opportunity: Expanding Applications in Renewable Energy and Strategic Collaborations for Market Expansion
Challenge: Environmental Concerns
Supply Chain Landscape
Raw Material Procurement
Material Processing
Manufacturing
Distribution & End-User
Raw Material Procurement
Material Processing
Manufacturing
Distribution & End-User
Use Cases of Glass Surface Veils in Marine & Construction
Recent Developments
The Glass Surface Veils sector has experienced progress in recent times due to a noticeable rise in the need for this item across different fields, like building construction and the automotive and electronics industries mainly driving this surge in demand.