Glass Mat Thermoplastic Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Glass Mat Thermoplastic Market covers analysis By Raw Material (Polypropylene (PP), Polyamide (PA), Thermoplastic polyester (TPP).); Product Type (Traditional GMT, Advanced GMT); Application (Automobile and Transportation, Aerospace and Defense, Electrical and Electronics, Consumer Goods, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00014792
  • Category : Chemicals and Materials
  • No. of Pages : 150
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Glass Mat Thermoplastic Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET INTRODUCTION

Glass Mat thermoplastic is a thermoplastic that is easily moldable, and it is used to create multiple components in the automotive industry. It is a semi-finished product that is mostly in the panel form. It is used as a substitute for aluminum and steel. These materials are lightweight and process low relative density and become hard and rigid at relatively low temperatures and are chemical and moisture resistant. These materials are easily recyclable and are durable. They are available in the panel form as well as in the 3D structural component form.

MARKET DYNAMICS

The glass mat thermoplastic market is on the rise because of the rapid industrialization across the world. Due to its advantages like flexibility, corrosion resistance, impact resistance, and durability over the metal materials, it can be an alternative to metals such as steel and aluminum, thus driving the growth of the market. The increase in the demand by the government for higher fuel economy, recycling processes, and ease in processing is driving the glass mat thermoplastic market. The high cost that is involved with the glass mat thermoplastic material may restrict its demand and become of the restraint for the market.

MARKET SCOPE

The "Global Glass Mat Thermoplastic Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the glass mat thermoplastic market with detailed market segmentation by raw material, product type, application and geography. The glass mat thermoplastic market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading glass mat thermoplastic market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The Global Glass Mat Thermoplastic Market is segmented on the basis of raw material, product type and application. On the basis of raw material the market is segmented into Polypropylene (PP), Polyamide (PA), and Thermoplastic polyester (TPP). On the basis of product type the market is segmented into Traditional GMT and Advanced GMT. On the basis of application the market is segmented into Automobile and Transportation, Aerospace and Defense, Electrical and Electronics, Consumer Goods and Others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the glass mat thermoplastic market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The glass mat thermoplastic market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting glass mat thermoplastic market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting glass mat thermoplastic market in these regions.

Glass Mat Thermoplastic Market Report Analysis

Glass Mat Thermoplastic Market

  • CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • BASF SE
  • Celanese Corporation
  • Cytec Industries
  • DuPont
  • Hanwha Group.
  • JFE Chemical Corporation
  • LANXESS
  • Mitsubishi Chemical Advanced Materials group of companies
  • SABIC

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By Raw Material
  • Polypropylene
By Product Type
  • Traditional GMT
  • Advanced GMT
By Application
  • Automobile and Transportation
  • Aerospace and Defense
  • Electrical and Electronics
  • Consumer Goods
  • Others
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS


The reports cover key developments in the glass mat thermoplastic market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from glass mat thermoplastic market are anticipated to lucrative growth opportunities in the future with the rising demand for glass mat thermoplastic in the global market. Below mentioned is the list of few companies engaged in the glass mat thermoplastic market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the glass mat thermoplastic market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   Mitsubishi Chemical Advanced Materials group of companies
  •   BASF SE
  •   DuPont
  •   Cytec Industries
  •   LANXESS
  •   Toray Advanced Composites
  •   JFE Chemical Corporation
  •   SABIC
  •   Celanese Corporation
  •   Hanwha Group.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Glass Mat Thermoplastic Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Raw Material
  • Polypropylene
By Product Type
  • Traditional GMT
  • Advanced GMT
By Application
  • Automobile and Transportation
  • Aerospace and Defense
  • Electrical and Electronics
  • Consumer Goods
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BASF SE
  • Celanese Corporation
  • Cytec Industries
  • DuPont
  • Hanwha Group.
  • JFE Chemical Corporation
  • LANXESS
  • Mitsubishi Chemical Advanced Materials group of companies
  • SABIC
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    The List of Companies

    1. BASF SE
    2. Celanese Corporation
    3. Cytec Industries
    4. DuPont
    5. Hanwha Group.
    6. JFE Chemical Corporation
    7. LANXESS
    8. Mitsubishi Chemical Advanced Materials group of companies
    9. SABIC
    10. Toray Advanced Composites

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