Laid Scrim Market was valued at USD 1.50 Billion in 2022 and is projected to reach USD 2.20 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The global laid scrim market was valued at approximately USD 1.8 billion in 2022. The market is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2022 to 2027, reaching an estimated value of USD 2.3 billion by the end of the forecast period. This growth is driven by the increasing demand for laid scrim in various applications, including packaging, construction, and automotive industries. The durability and strength of laid scrim make it an essential material for reinforcing and supporting different substrates, contributing to its rising adoption in multiple sectors.
Emerging markets present significant opportunities for the laid scrim industry. Regions such as Asia-Pacific and Latin America are experiencing rapid industrialization and infrastructural development, which are driving the demand for laid scrim products. Additionally, the expansion of e-commerce and the increasing need for effective packaging solutions further fuel market growth. The ongoing advancements in manufacturing technologies and the rising awareness about the benefits of laid scrim in improving product performance and longevity are likely to offer new growth avenues and investment opportunities within the market.
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Sioen Industries
Ruifiber Industry
Saint-Gobain
Bafatex Bellingroth
James Dewhurst
Delcotex
Veranneman Technical Textiles
Nanjing EFG Co.
Ltd
NICOglass
ONTEC Automation GmbH
Changzhou JLON Composite Co.
Ltd.
ChangZhou UTEK
BICO Industries S.A..
Changzhou Edengene Composites
Kurabo
Nippon Electric Glass
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Laid Scrim Market
Construction
Medical
Industrial
Automotive
Others
Based on Types the Market is categorized into Below types that held the largest Laid Scrim market share In 2023.
Fiberglass
Polyester
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Laid Scrim Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Laid Scrim Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Laid Scrim Market, By Type
6. Global Laid Scrim Market, By Application
7. Global Laid Scrim Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Laid Scrim Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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