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)

Publication Month : Mar 2024

  • Report Code : TIPRE00014792
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
Inquire Before Buy

PRICING

$5190

$4671

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.

World Geography

Have a question?

Analyst

Shejal

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   Speak to Analyst
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
MARKET PLAYERS


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.

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.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
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.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Glass Mat Thermoplastic Market - By Raw Material
1.3.2 Glass Mat Thermoplastic Market - By Product Type
1.3.3 Glass Mat Thermoplastic Market - By Application
1.3.4 Glass Mat Thermoplastic Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. GLASS MAT THERMOPLASTIC MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. GLASS MAT THERMOPLASTIC MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. GLASS MAT THERMOPLASTIC MARKET - GLOBAL MARKET ANALYSIS
6.1. GLASS MAT THERMOPLASTIC - GLOBAL MARKET OVERVIEW
6.2. GLASS MAT THERMOPLASTIC - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. GLASS MAT THERMOPLASTIC MARKET - REVENUE AND FORECASTS TO 2028 - RAW MATERIAL
7.1. OVERVIEW
7.2. RAW MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. POLYPROPYLENE (PP)
7.3.1. Overview
7.3.2. Polypropylene (PP) Market Forecast and Analysis
7.4. POLYAMIDE (PA)
7.4.1. Overview
7.4.2. Polyamide (PA) Market Forecast and Analysis
7.5. THERMOPLASTIC POLYESTER (TPP).
7.5.1. Overview
7.5.2. Thermoplastic polyester (TPP). Market Forecast and Analysis
8. GLASS MAT THERMOPLASTIC MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
8.1. OVERVIEW
8.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
8.3. TRADITIONAL GMT
8.3.1. Overview
8.3.2. Traditional GMT Market Forecast and Analysis
8.4. ADVANCED GMT
8.4.1. Overview
8.4.2. Advanced GMT Market Forecast and Analysis
9. GLASS MAT THERMOPLASTIC MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. AUTOMOBILE AND TRANSPORTATION
9.3.1. Overview
9.3.2. Automobile and Transportation Market Forecast and Analysis
9.4. AEROSPACE AND DEFENSE
9.4.1. Overview
9.4.2. Aerospace and Defense Market Forecast and Analysis
9.5. ELECTRICAL AND ELECTRONICS
9.5.1. Overview
9.5.2. Electrical and Electronics Market Forecast and Analysis
9.6. CONSUMER GOODS
9.6.1. Overview
9.6.2. Consumer Goods Market Forecast and Analysis
9.7. OTHERS
9.7.1. Overview
9.7.2. Others Market Forecast and Analysis

10. GLASS MAT THERMOPLASTIC MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Glass Mat Thermoplastic Market Overview
10.1.2 North America Glass Mat Thermoplastic Market Forecasts and Analysis
10.1.3 North America Glass Mat Thermoplastic Market Forecasts and Analysis - By Raw Material
10.1.4 North America Glass Mat Thermoplastic Market Forecasts and Analysis - By Product Type
10.1.5 North America Glass Mat Thermoplastic Market Forecasts and Analysis - By Application
10.1.6 North America Glass Mat Thermoplastic Market Forecasts and Analysis - By Countries
10.1.6.1 United States Glass Mat Thermoplastic Market
10.1.6.1.1 United States Glass Mat Thermoplastic Market by Raw Material
10.1.6.1.2 United States Glass Mat Thermoplastic Market by Product Type
10.1.6.1.3 United States Glass Mat Thermoplastic Market by Application
10.1.6.2 Canada Glass Mat Thermoplastic Market
10.1.6.2.1 Canada Glass Mat Thermoplastic Market by Raw Material
10.1.6.2.2 Canada Glass Mat Thermoplastic Market by Product Type
10.1.6.2.3 Canada Glass Mat Thermoplastic Market by Application
10.1.6.3 Mexico Glass Mat Thermoplastic Market
10.1.6.3.1 Mexico Glass Mat Thermoplastic Market by Raw Material
10.1.6.3.2 Mexico Glass Mat Thermoplastic Market by Product Type
10.1.6.3.3 Mexico Glass Mat Thermoplastic Market by Application
10.2. EUROPE
10.2.1 Europe Glass Mat Thermoplastic Market Overview
10.2.2 Europe Glass Mat Thermoplastic Market Forecasts and Analysis
10.2.3 Europe Glass Mat Thermoplastic Market Forecasts and Analysis - By Raw Material
10.2.4 Europe Glass Mat Thermoplastic Market Forecasts and Analysis - By Product Type
10.2.5 Europe Glass Mat Thermoplastic Market Forecasts and Analysis - By Application
10.2.6 Europe Glass Mat Thermoplastic Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Glass Mat Thermoplastic Market
10.2.6.1.1 Germany Glass Mat Thermoplastic Market by Raw Material
10.2.6.1.2 Germany Glass Mat Thermoplastic Market by Product Type
10.2.6.1.3 Germany Glass Mat Thermoplastic Market by Application
10.2.6.2 France Glass Mat Thermoplastic Market
10.2.6.2.1 France Glass Mat Thermoplastic Market by Raw Material
10.2.6.2.2 France Glass Mat Thermoplastic Market by Product Type
10.2.6.2.3 France Glass Mat Thermoplastic Market by Application
10.2.6.3 Italy Glass Mat Thermoplastic Market
10.2.6.3.1 Italy Glass Mat Thermoplastic Market by Raw Material
10.2.6.3.2 Italy Glass Mat Thermoplastic Market by Product Type
10.2.6.3.3 Italy Glass Mat Thermoplastic Market by Application
10.2.6.4 United Kingdom Glass Mat Thermoplastic Market
10.2.6.4.1 United Kingdom Glass Mat Thermoplastic Market by Raw Material
10.2.6.4.2 United Kingdom Glass Mat Thermoplastic Market by Product Type
10.2.6.4.3 United Kingdom Glass Mat Thermoplastic Market by Application
10.2.6.5 Russia Glass Mat Thermoplastic Market
10.2.6.5.1 Russia Glass Mat Thermoplastic Market by Raw Material
10.2.6.5.2 Russia Glass Mat Thermoplastic Market by Product Type
10.2.6.5.3 Russia Glass Mat Thermoplastic Market by Application
10.2.6.6 Rest of Europe Glass Mat Thermoplastic Market
10.2.6.6.1 Rest of Europe Glass Mat Thermoplastic Market by Raw Material
10.2.6.6.2 Rest of Europe Glass Mat Thermoplastic Market by Product Type
10.2.6.6.3 Rest of Europe Glass Mat Thermoplastic Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Glass Mat Thermoplastic Market Overview
10.3.2 Asia-Pacific Glass Mat Thermoplastic Market Forecasts and Analysis
10.3.3 Asia-Pacific Glass Mat Thermoplastic Market Forecasts and Analysis - By Raw Material
10.3.4 Asia-Pacific Glass Mat Thermoplastic Market Forecasts and Analysis - By Product Type
10.3.5 Asia-Pacific Glass Mat Thermoplastic Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Glass Mat Thermoplastic Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Glass Mat Thermoplastic Market
10.3.6.1.1 Australia Glass Mat Thermoplastic Market by Raw Material
10.3.6.1.2 Australia Glass Mat Thermoplastic Market by Product Type
10.3.6.1.3 Australia Glass Mat Thermoplastic Market by Application
10.3.6.2 China Glass Mat Thermoplastic Market
10.3.6.2.1 China Glass Mat Thermoplastic Market by Raw Material
10.3.6.2.2 China Glass Mat Thermoplastic Market by Product Type
10.3.6.2.3 China Glass Mat Thermoplastic Market by Application
10.3.6.3 India Glass Mat Thermoplastic Market
10.3.6.3.1 India Glass Mat Thermoplastic Market by Raw Material
10.3.6.3.2 India Glass Mat Thermoplastic Market by Product Type
10.3.6.3.3 India Glass Mat Thermoplastic Market by Application
10.3.6.4 Japan Glass Mat Thermoplastic Market
10.3.6.4.1 Japan Glass Mat Thermoplastic Market by Raw Material
10.3.6.4.2 Japan Glass Mat Thermoplastic Market by Product Type
10.3.6.4.3 Japan Glass Mat Thermoplastic Market by Application
10.3.6.5 South Korea Glass Mat Thermoplastic Market
10.3.6.5.1 South Korea Glass Mat Thermoplastic Market by Raw Material
10.3.6.5.2 South Korea Glass Mat Thermoplastic Market by Product Type
10.3.6.5.3 South Korea Glass Mat Thermoplastic Market by Application
10.3.6.6 Rest of Asia-Pacific Glass Mat Thermoplastic Market
10.3.6.6.1 Rest of Asia-Pacific Glass Mat Thermoplastic Market by Raw Material
10.3.6.6.2 Rest of Asia-Pacific Glass Mat Thermoplastic Market by Product Type
10.3.6.6.3 Rest of Asia-Pacific Glass Mat Thermoplastic Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Glass Mat Thermoplastic Market Overview
10.4.2 Middle East and Africa Glass Mat Thermoplastic Market Forecasts and Analysis
10.4.3 Middle East and Africa Glass Mat Thermoplastic Market Forecasts and Analysis - By Raw Material
10.4.4 Middle East and Africa Glass Mat Thermoplastic Market Forecasts and Analysis - By Product Type
10.4.5 Middle East and Africa Glass Mat Thermoplastic Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Glass Mat Thermoplastic Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Glass Mat Thermoplastic Market
10.4.6.1.1 South Africa Glass Mat Thermoplastic Market by Raw Material
10.4.6.1.2 South Africa Glass Mat Thermoplastic Market by Product Type
10.4.6.1.3 South Africa Glass Mat Thermoplastic Market by Application
10.4.6.2 Saudi Arabia Glass Mat Thermoplastic Market
10.4.6.2.1 Saudi Arabia Glass Mat Thermoplastic Market by Raw Material
10.4.6.2.2 Saudi Arabia Glass Mat Thermoplastic Market by Product Type
10.4.6.2.3 Saudi Arabia Glass Mat Thermoplastic Market by Application
10.4.6.3 U.A.E Glass Mat Thermoplastic Market
10.4.6.3.1 U.A.E Glass Mat Thermoplastic Market by Raw Material
10.4.6.3.2 U.A.E Glass Mat Thermoplastic Market by Product Type
10.4.6.3.3 U.A.E Glass Mat Thermoplastic Market by Application
10.4.6.4 Rest of Middle East and Africa Glass Mat Thermoplastic Market
10.4.6.4.1 Rest of Middle East and Africa Glass Mat Thermoplastic Market by Raw Material
10.4.6.4.2 Rest of Middle East and Africa Glass Mat Thermoplastic Market by Product Type
10.4.6.4.3 Rest of Middle East and Africa Glass Mat Thermoplastic Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Glass Mat Thermoplastic Market Overview
10.5.2 South and Central America Glass Mat Thermoplastic Market Forecasts and Analysis
10.5.3 South and Central America Glass Mat Thermoplastic Market Forecasts and Analysis - By Raw Material
10.5.4 South and Central America Glass Mat Thermoplastic Market Forecasts and Analysis - By Product Type
10.5.5 South and Central America Glass Mat Thermoplastic Market Forecasts and Analysis - By Application
10.5.6 South and Central America Glass Mat Thermoplastic Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Glass Mat Thermoplastic Market
10.5.6.1.1 Brazil Glass Mat Thermoplastic Market by Raw Material
10.5.6.1.2 Brazil Glass Mat Thermoplastic Market by Product Type
10.5.6.1.3 Brazil Glass Mat Thermoplastic Market by Application
10.5.6.2 Argentina Glass Mat Thermoplastic Market
10.5.6.2.1 Argentina Glass Mat Thermoplastic Market by Raw Material
10.5.6.2.2 Argentina Glass Mat Thermoplastic Market by Product Type
10.5.6.2.3 Argentina Glass Mat Thermoplastic Market by Application
10.5.6.3 Rest of South and Central America Glass Mat Thermoplastic Market
10.5.6.3.1 Rest of South and Central America Glass Mat Thermoplastic Market by Raw Material
10.5.6.3.2 Rest of South and Central America Glass Mat Thermoplastic Market by Product Type
10.5.6.3.3 Rest of South and Central America Glass Mat Thermoplastic Market by Application

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. GLASS MAT THERMOPLASTIC MARKET, KEY COMPANY PROFILES
12.1. BASF SE
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. CELANESE CORPORATION
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CYTEC INDUSTRIES
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. DUPONT
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. HANWHA GROUP.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. JFE CHEMICAL CORPORATION
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. LANXESS
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. MITSUBISHI CHEMICAL ADVANCED MATERIALS GROUP OF COMPANIES
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SABIC
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. TORAY ADVANCED COMPOSITES
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
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

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Glass Mat Thermoplastic Market