Global Glass Mat Reinforced Thermoplastic Composite Market Growth 2023-2029
Glass Mat Reinforced Thermoplastic Composite (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.
LPI (LP Information)' newest research report, the “Glass Mat Reinforced Thermoplastic Composite Industry Forecast” looks at past sales and reviews total world Glass Mat Reinforced Thermoplastic Composite sales in 2022, providing a comprehensive analysis by region and market sector of projected Glass Mat Reinforced Thermoplastic Composite sales for 2023 through 2029. With Glass Mat Reinforced Thermoplastic Composite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glass Mat Reinforced Thermoplastic Composite industry.
This Insight Report provides a comprehensive analysis of the global Glass Mat Reinforced Thermoplastic Composite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glass Mat Reinforced Thermoplastic Composite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glass Mat Reinforced Thermoplastic Composite market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glass Mat Reinforced Thermoplastic Composite and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glass Mat Reinforced Thermoplastic Composite.
The global Glass Mat Reinforced Thermoplastic Composite market size is projected to grow from US$ 779.7 million in 2022 to US$ 922.8 million in 2029; it is expected to grow at a CAGR of 922.8 from 2023 to 2029.
United States market for Glass Mat Reinforced Thermoplastic Composite is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Glass Mat Reinforced Thermoplastic Composite is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Glass Mat Reinforced Thermoplastic Composite is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Glass Mat Reinforced Thermoplastic Composite players cover Hanwha and Quadrant etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Glass Mat Reinforced Thermoplastic Composite market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Polypropylene (PP) GMT
Polyamide (PA) GMT
Others
Segmentation by application
Automotive
Building and Construction
Marine
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hanwha
Quadrant
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glass Mat Reinforced Thermoplastic Composite market?
What factors are driving Glass Mat Reinforced Thermoplastic Composite market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glass Mat Reinforced Thermoplastic Composite market opportunities vary by end market size?
How does Glass Mat Reinforced Thermoplastic Composite break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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