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.
This report contains market size and forecasts of Glass Mat Reinforced Thermoplastic Composite in global, including the following market information:
Global Glass Mat Reinforced Thermoplastic Composite Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Glass Mat Reinforced Thermoplastic Composite Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Glass Mat Reinforced Thermoplastic Composite companies in 2021 (%)
The global Glass Mat Reinforced Thermoplastic Composite market was valued at 820.1 million in 2021 and is projected to reach US$ 958.2 million by 2028, at a CAGR of 2.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Polypropylene (PP) GMT Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Glass Mat Reinforced Thermoplastic Composite include Hanwha and Quadrant etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Glass Mat Reinforced Thermoplastic Composite manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Glass Mat Reinforced Thermoplastic Composite Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Glass Mat Reinforced Thermoplastic Composite Market Segment Percentages, by Type, 2021 (%)
Polypropylene (PP) GMT
Polyamide (PA) GMT
Others
Global Glass Mat Reinforced Thermoplastic Composite Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Glass Mat Reinforced Thermoplastic Composite Market Segment Percentages, by Application, 2021 (%)
Automotive
Building and Construction
Marine
Others
Global Glass Mat Reinforced Thermoplastic Composite Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Glass Mat Reinforced Thermoplastic Composite Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Glass Mat Reinforced Thermoplastic Composite revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Glass Mat Reinforced Thermoplastic Composite revenues share in global market, 2021 (%)
Key companies Glass Mat Reinforced Thermoplastic Composite sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Glass Mat Reinforced Thermoplastic Composite sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hanwha
Quadrant