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.
Global glass mat thermoplastics (GMT) industry is concentrated highly. Currently, there are two producing companies in the global glass mat thermoplastics (GMT) industry, including Hanwha and Quadrant. Hanwha is the leader with more than 70% of the global production.
In the glass mat thermoplastics (GMT) market, total global consumption was 200666 MT in 2018. Asia-Pacific was the largest consumption region due to the bigger demand of downstream applications. In 2018, it occupied 40.30% of the global consumption volume. Followed by Europe with 29.27% of global consumption volume.
Glass mat thermoplastics (GMT) could be applied in many fields, such as automotive, building and construction, marine, etc. Automotive is the main application field. In 2018, it occupied 92.28% of the global consumption.
According to this study, over the next five years the Glass Mat Thermoplastics (GMT) market will register a 2.2% CAGR in terms of revenue, the global market size will reach US$ 860 million by 2024, from US$ 770 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Glass Mat Thermoplastics (GMT) business, shared in Chapter 3.
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.
This study considers the Glass Mat Thermoplastics (GMT) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Polypropylene (PP) GMT
Polyamide (PA) GMT
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Building and Construction
Marine
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Hanwha
Quadrant
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Glass Mat Thermoplastics (GMT) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Glass Mat Thermoplastics (GMT) market by identifying its various subsegments.
Focuses on the key global Glass Mat Thermoplastics (GMT) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Glass Mat Thermoplastics (GMT) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Glass Mat Thermoplastics (GMT) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Glass Mat Thermoplastics (GMT). Industry analysis & Market Report on Glass Mat Thermoplastics (GMT) is a syndicated market report, published as Global Glass Mat Thermoplastics (GMT) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Glass Mat Thermoplastics (GMT) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.