Home / Market Reports / Chemical & Material
/ Global Glass Mat Thermoplastics (GMT) Market Growth 2023-2029
Global Glass Mat Thermoplastics (GMT) Market Growth 2023-2029
Product Code:456985
Published Date: Feb 08,2023
Pages: 77
Region: Global
Category: Chemical & Material
PDF DOWNLOAD
GET FREE SAMPLE
CUSTOMIZE REQUEST
PDF DOWNLOAD
GET FREE SAMPLE
CUSTOMIZE REQUEST
Provide comprehensive and accurate analysis and reports according to your exact requirements
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.
LPI (LP Information)' newest research report, the “Glass Mat Thermoplastics (GMT) Industry Forecast” looks at past sales and reviews total world Glass Mat Thermoplastics (GMT) sales in 2022, providing a comprehensive analysis by region and market sector of projected Glass Mat Thermoplastics (GMT) sales for 2023 through 2029. With Glass Mat Thermoplastics (GMT) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glass Mat Thermoplastics (GMT) industry.
This Insight Report provides a comprehensive analysis of the global Glass Mat Thermoplastics (GMT) 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 Thermoplastics (GMT) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glass Mat Thermoplastics (GMT) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glass Mat Thermoplastics (GMT) 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 Thermoplastics (GMT).
The global Glass Mat Thermoplastics (GMT) market size is projected to grow from US$ 779.7 million in 2022 to US$ 926.1 million in 2029; it is expected to grow at a CAGR of 926.1 from 2023 to 2029.
Global Glass Mat Thermoplastics (GMT) main manufacturers include Hanwha, Quadrant, etc., accounting for about 70%, 30% respectively. Europe is the largest market, with a share over 46%. As for the types of products, it can be divided into polypropylene (PP) GMT, polyamide (PA) GMT and others. Polypropylene (PP) GMT is the largest segment, holding a share over 92%. In terms of distribution channel, it can be divided into automotive, building and construction, marineand and others. Automotive is the largest segment, with a share over 92%.
This report presents a comprehensive overview, market shares, and growth opportunities of Glass Mat Thermoplastics (GMT) 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 Thermoplastics (GMT) market?
What factors are driving Glass Mat Thermoplastics (GMT) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glass Mat Thermoplastics (GMT) market opportunities vary by end market size?
How does Glass Mat Thermoplastics (GMT) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?