Global Glass Mat Thermoplastics (GMT) Industry Growth and Trends Forecast to 2031

Summary

Glass Mat Thermoplastics (GMT) is a Thermoplastic pre-peg, which offers better mechanical properties than injection molded reinforced thermoplastics due to the higher residual length of the glass strands. GMT is widely used in automotive applications such as underbody shields, seat structures, and front-ends.

According to APO Research, The global Glass Mat Thermoplastics (GMT) market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Glass Mat Thermoplastics (GMT) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Glass Mat Thermoplastics (GMT) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Glass Mat Thermoplastics (GMT) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of Glass Mat Thermoplastics (GMT) include Hanwha and Quadrant etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Glass Mat Thermoplastics (GMT), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Glass Mat Thermoplastics (GMT).

The Glass Mat Thermoplastics (GMT) market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Glass Mat Thermoplastics (GMT) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Glass Mat Thermoplastics (GMT) Segment by Company

Hanwha
Quadrant

Glass Mat Thermoplastics (GMT) Segment by Type

Polypropylene (PP) GMT
Polyamide (PA) GMT
Others

Glass Mat Thermoplastics (GMT) Segment by Application

Automotive
Building and Construction
Marine
Others

Glass Mat Thermoplastics (GMT) Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Glass Mat Thermoplastics (GMT) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Glass Mat Thermoplastics (GMT) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Glass Mat Thermoplastics (GMT).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Glass Mat Thermoplastics (GMT) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Glass Mat Thermoplastics (GMT) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview

1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Glass Mat Thermoplastics (GMT) Market Size Estimates and Forecasts (2020-2031)
1.2.2 Global Glass Mat Thermoplastics (GMT) Sales Estimates and Forecasts (2020-2031)
1.3 Glass Mat Thermoplastics (GMT) Market by Type
1.3.1 Polypropylene (PP) GMT
1.3.2 Polyamide (PA) GMT
1.3.3 Others
1.4 Global Glass Mat Thermoplastics (GMT) Market Size by Type
1.4.1 Global Glass Mat Thermoplastics (GMT) Market Size Overview by Type (2020-2031)
1.4.2 Global Glass Mat Thermoplastics (GMT) Historic Market Size Review by Type (2020-2025)
1.4.3 Global Glass Mat Thermoplastics (GMT) Forecasted Market Size by Type (2026-2031)
1.5 Key Regions Market Size by Type
1.5.1 North America Glass Mat Thermoplastics (GMT) Sales Breakdown by Type (2020-2025)
1.5.2 Europe Glass Mat Thermoplastics (GMT) Sales Breakdown by Type (2020-2025)
1.5.3 Asia-Pacific Glass Mat Thermoplastics (GMT) Sales Breakdown by Type (2020-2025)
1.5.4 South America Glass Mat Thermoplastics (GMT) Sales Breakdown by Type (2020-2025)
1.5.5 Middle East and Africa Glass Mat Thermoplastics (GMT) Sales Breakdown by Type (2020-2025)
2 Global Market Dynamics

2.1 Glass Mat Thermoplastics (GMT) Industry Trends
2.2 Glass Mat Thermoplastics (GMT) Industry Drivers
2.3 Glass Mat Thermoplastics (GMT) Industry Opportunities and Challenges
2.4 Glass Mat Thermoplastics (GMT) Industry Restraints
3 Market Competitive Landscape by Company

3.1 Global Top Players by Glass Mat Thermoplastics (GMT) Revenue (2020-2025)
3.2 Global Top Players by Glass Mat Thermoplastics (GMT) Sales (2020-2025)
3.3 Global Top Players by Glass Mat Thermoplastics (GMT) Price (2020-2025)
3.4 Global Glass Mat Thermoplastics (GMT) Industry Company Ranking, 2023 VS 2024 VS 2025
3.5 Global Glass Mat Thermoplastics (GMT) Major Company Production Sites & Headquarters
3.6 Global Glass Mat Thermoplastics (GMT) Company, Product Type & Application
3.7 Global Glass Mat Thermoplastics (GMT) Company Establishment Date
3.8 Market Competitive Analysis
3.8.1 Global Glass Mat Thermoplastics (GMT) Market CR5 and HHI
3.8.2 Global Top 5 and 10 Glass Mat Thermoplastics (GMT) Players Market Share by Revenue in 2024
3.8.3 2023 Glass Mat Thermoplastics (GMT) Tier 1, Tier 2, and Tier 3
4 Glass Mat Thermoplastics (GMT) Regional Status and Outlook

4.1 Global Glass Mat Thermoplastics (GMT) Market Size and CAGR by Region: 2020 VS 2024 VS 2031
4.2 Global Glass Mat Thermoplastics (GMT) Historic Market Size by Region
4.2.1 Global Glass Mat Thermoplastics (GMT) Sales in Volume by Region (2020-2025)
4.2.2 Global Glass Mat Thermoplastics (GMT) Sales in Value by Region (2020-2025)
4.2.3 Global Glass Mat Thermoplastics (GMT) Sales (Volume & Value), Price and Gross Margin (2020-2025)
4.3 Global Glass Mat Thermoplastics (GMT) Forecasted Market Size by Region
4.3.1 Global Glass Mat Thermoplastics (GMT) Sales in Volume by Region (2026-2031)
4.3.2 Global Glass Mat Thermoplastics (GMT) Sales in Value by Region (2026-2031)
4.3.3 Global Glass Mat Thermoplastics (GMT) Sales (Volume & Value), Price and Gross Margin (2026-2031)
5 Glass Mat Thermoplastics (GMT) by Application

5.1 Glass Mat Thermoplastics (GMT) Market by Application
5.1.1 Automotive
5.1.2 Building and Construction
5.1.3 Marine
5.1.4 Others
5.2 Global Glass Mat Thermoplastics (GMT) Market Size by Application
5.2.1 Global Glass Mat Thermoplastics (GMT) Market Size Overview by Application (2020-2031)
5.2.2 Global Glass Mat Thermoplastics (GMT) Historic Market Size Review by Application (2020-2025)
5.2.3 Global Glass Mat Thermoplastics (GMT) Forecasted Market Size by Application (2026-2031)
5.3 Key Regions Market Size by Application
5.3.1 North America Glass Mat Thermoplastics (GMT) Sales Breakdown by Application (2020-2025)
5.3.2 Europe Glass Mat Thermoplastics (GMT) Sales Breakdown by Application (2020-2025)
5.3.3 Asia-Pacific Glass Mat Thermoplastics (GMT) Sales Breakdown by Application (2020-2025)
5.3.4 South America Glass Mat Thermoplastics (GMT) Sales Breakdown by Application (2020-2025)
5.3.5 Middle East and Africa Glass Mat Thermoplastics (GMT) Sales Breakdown by Application (2020-2025)
6 Company Profiles

6.1 Hanwha
6.1.1 Hanwha Comapny Information
6.1.2 Hanwha Business Overview
6.1.3 Hanwha Glass Mat Thermoplastics (GMT) Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Hanwha Glass Mat Thermoplastics (GMT) Product Portfolio
6.1.5 Hanwha Recent Developments
6.2 Quadrant
6.2.1 Quadrant Comapny Information
6.2.2 Quadrant Business Overview
6.2.3 Quadrant Glass Mat Thermoplastics (GMT) Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Quadrant Glass Mat Thermoplastics (GMT) Product Portfolio
6.2.5 Quadrant Recent Developments
7 North America by Country

7.1 North America Glass Mat Thermoplastics (GMT) Sales by Country
7.1.1 North America Glass Mat Thermoplastics (GMT) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.1.2 North America Glass Mat Thermoplastics (GMT) Sales by Country (2020-2025)
7.1.3 North America Glass Mat Thermoplastics (GMT) Sales Forecast by Country (2026-2031)
7.2 North America Glass Mat Thermoplastics (GMT) Market Size by Country
7.2.1 North America Glass Mat Thermoplastics (GMT) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2.2 North America Glass Mat Thermoplastics (GMT) Market Size by Country (2020-2025)
7.2.3 North America Glass Mat Thermoplastics (GMT) Market Size Forecast by Country (2026-2031)
8 Europe by Country

8.1 Europe Glass Mat Thermoplastics (GMT) Sales by Country
8.1.1 Europe Glass Mat Thermoplastics (GMT) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.1.2 Europe Glass Mat Thermoplastics (GMT) Sales by Country (2020-2025)
8.1.3 Europe Glass Mat Thermoplastics (GMT) Sales Forecast by Country (2026-2031)
8.2 Europe Glass Mat Thermoplastics (GMT) Market Size by Country
8.2.1 Europe Glass Mat Thermoplastics (GMT) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2.2 Europe Glass Mat Thermoplastics (GMT) Market Size by Country (2020-2025)
8.2.3 Europe Glass Mat Thermoplastics (GMT) Market Size Forecast by Country (2026-2031)
9 Asia-Pacific by Country

9.1 Asia-Pacific Glass Mat Thermoplastics (GMT) Sales by Country
9.1.1 Asia-Pacific Glass Mat Thermoplastics (GMT) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.1.2 Asia-Pacific Glass Mat Thermoplastics (GMT) Sales by Country (2020-2025)
9.1.3 Asia-Pacific Glass Mat Thermoplastics (GMT) Sales Forecast by Country (2026-2031)
9.2 Asia-Pacific Glass Mat Thermoplastics (GMT) Market Size by Country
9.2.1 Asia-Pacific Glass Mat Thermoplastics (GMT) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2.2 Asia-Pacific Glass Mat Thermoplastics (GMT) Market Size by Country (2020-2025)
9.2.3 Asia-Pacific Glass Mat Thermoplastics (GMT) Market Size Forecast by Country (2026-2031)
10 South America by Country

10.1 South America Glass Mat Thermoplastics (GMT) Sales by Country
10.1.1 South America Glass Mat Thermoplastics (GMT) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.1.2 South America Glass Mat Thermoplastics (GMT) Sales by Country (2020-2025)
10.1.3 South America Glass Mat Thermoplastics (GMT) Sales Forecast by Country (2026-2031)
10.2 South America Glass Mat Thermoplastics (GMT) Market Size by Country
10.2.1 South America Glass Mat Thermoplastics (GMT) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2.2 South America Glass Mat Thermoplastics (GMT) Market Size by Country (2020-2025)
10.2.3 South America Glass Mat Thermoplastics (GMT) Market Size Forecast by Country (2026-2031)
11 Middle East and Africa by Country

11.1 Middle East and Africa Glass Mat Thermoplastics (GMT) Sales by Country
11.1.1 Middle East and Africa Glass Mat Thermoplastics (GMT) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.1.2 Middle East and Africa Glass Mat Thermoplastics (GMT) Sales by Country (2020-2025)
11.1.3 Middle East and Africa Glass Mat Thermoplastics (GMT) Sales Forecast by Country (2026-2031)
11.2 Middle East and Africa Glass Mat Thermoplastics (GMT) Market Size by Country
11.2.1 Middle East and Africa Glass Mat Thermoplastics (GMT) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2.2 Middle East and Africa Glass Mat Thermoplastics (GMT) Market Size by Country (2020-2025)
11.2.3 Middle East and Africa Glass Mat Thermoplastics (GMT) Market Size Forecast by Country (2026-2031)
12 Value Chain and Sales Channels Analysis

12.1 Glass Mat Thermoplastics (GMT) Value Chain Analysis
12.1.1 Glass Mat Thermoplastics (GMT) Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Glass Mat Thermoplastics (GMT) Production Mode & Process
12.2 Glass Mat Thermoplastics (GMT) Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Glass Mat Thermoplastics (GMT) Distributors
12.2.3 Glass Mat Thermoplastics (GMT) Customers
13 Concluding Insights
14 Appendix

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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