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 our (Global Info Research) latest study, the global Glass Mat Thermoplastics (GMT) market size was valued at USD 820.1 million in 2022 and is forecast to a readjusted size of USD 961.4 million by 2029 with a CAGR of 2.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 is a detailed and comprehensive analysis for global Glass Mat Thermoplastics (GMT) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Glass Mat Thermoplastics (GMT) market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Glass Mat Thermoplastics (GMT) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Glass Mat Thermoplastics (GMT) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/MT), 2018-2029
Global Glass Mat Thermoplastics (GMT) market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Glass Mat Thermoplastics (GMT)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Glass Mat Thermoplastics (GMT) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hanwha and Quadrant.. etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Glass Mat Thermoplastics (GMT) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Polypropylene (PP) GMT
Polyamide (PA) GMT
Others
Market segment by Application
Automotive
Building and Construction
Marine
Others
Major players covered
Hanwha
Quadrant
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Glass Mat Thermoplastics (GMT) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Glass Mat Thermoplastics (GMT), with price, sales, revenue and global market share of Glass Mat Thermoplastics (GMT) from 2018 to 2023.
Chapter 3, the Glass Mat Thermoplastics (GMT) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Glass Mat Thermoplastics (GMT) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Glass Mat Thermoplastics (GMT) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Glass Mat Thermoplastics (GMT).
Chapter 14 and 15, to describe Glass Mat Thermoplastics (GMT) sales channel, distributors, customers, research findings and conclusion.
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 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. 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.