Glass Mat Reinforced Thermoplastic Composite Market, Global Outlook and Forecast 2022-2028
Glass Mat Reinforced Thermoplastic Composite Market, Global Outlook and Forecast 2022-2028
Discover the latest insights into the booming Glass Mat Reinforced Thermoplastic Composite Market. This report analyzes market size, growth trends (CAGR ), key players, and regional performance, offering valuable data for investors and industry professionals. Explore market drivers, restraints, and future projections for -.
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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.
The latest research study released by Market IntelliX evaluates 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.
MI 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.
Market Segmentations:
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 (%)
The report presents profiles of competitors in the market, Some of the prominent key players covered:
Hanwha
Quadrant
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Glass Mat Reinforced Thermoplastic Composite Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Glass Mat Reinforced Thermoplastic Composite Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Glass Mat Reinforced Thermoplastic Composite Overall Market Size
2.1 Global Glass Mat Reinforced Thermoplastic Composite Market Size: 2021 VS 2028
2.2 Global Glass Mat Reinforced Thermoplastic Composite Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Glass Mat Reinforced Thermoplastic Composite Sales: 2017-2028
3 Company Landscape
3.1 Top Glass Mat Reinforced Thermoplastic Composite Players in Global Market
3.2 Top Global Glass Mat Reinforced Thermoplastic Composite Companies Ranked by Revenue
3.3 Global Glass Mat Reinforced Thermoplastic Composite Revenue by Companies
3.4 Global Glass Mat Reinforced Thermoplastic Composite Sales by Companies
3.5 Global Glass Mat Reinforced Thermoplastic Composite Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Glass Mat Reinforced Thermoplastic Composite Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Glass Mat Reinforced Thermoplastic Composite Product Type
3.8 Tier 1, Tier 2 and Tier 3 Glass Mat Reinforced Thermoplastic Composite Players in Global Market
3.8.1 List of Global Tier 1 Glass Mat Reinforced Thermoplastic Composite Companies
3.8.2 List of Global Tier 2 and Tier 3 Glass Mat Reinforced Thermoplastic Composite Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Glass Mat Reinforced Thermoplastic Composite Market Size Markets, 2021 & 2028
4.1.2 Polypropylene (PP) GMT
4.1.3 Polyamide (PA) GMT
4.1.4 Others
4.2 By Type - Global Glass Mat Reinforced Thermoplastic Composite Revenue & Forecasts
4.2.1 By Type - Global Glass Mat Reinforced Thermoplastic Composite Revenue, 2017-2022
4.2.2 By Type - Global Glass Mat Reinforced Thermoplastic Composite Revenue, 2023-2028
4.2.3 By Type - Global Glass Mat Reinforced Thermoplastic Composite Revenue Market Share, 2017-2028
4.3 By Type - Global Glass Mat Reinforced Thermoplastic Composite Sales & Forecasts
4.3.1 By Type - Global Glass Mat Reinforced Thermoplastic Composite Sales, 2017-2022
4.3.2 By Type - Global Glass Mat Reinforced Thermoplastic Composite Sales, 2023-2028
4.3.3 By Type - Global Glass Mat Reinforced Thermoplastic Composite Sales Market Share, 2017-2028
4.4 By Type - Global Glass Mat Reinforced Thermoplastic Composite Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Glass Mat Reinforced Thermoplastic Composite Market Size, 2021 & 2028
5.1.2 Automotive
5.1.3 Building and Construction
5.1.4 Marine
5.1.5 Others
5.2 By Application - Global Glass Mat Reinforced Thermoplastic Composite Revenue & Forecasts
5.2.1 By Application - Global Glass Mat Reinforced Thermoplastic Composite Revenue, 2017-2022
5.2.2 By Application - Global Glass Mat Reinforced Thermoplastic Composite Revenue, 2023-2028
5.2.3 By Application - Global Glass Mat Reinforced Thermoplastic Composite Revenue Market Share, 2017-2028
5.3 By Application - Global Glass Mat Reinforced Thermoplastic Composite Sales & Forecasts
5.3.1 By Application - Global Glass Mat Reinforced Thermoplastic Composite Sales, 2017-2022
5.3.2 By Application - Global Glass Mat Reinforced Thermoplastic Composite Sales, 2023-2028
5.3.3 By Application - Global Glass Mat Reinforced Thermoplastic Composite Sales Market Share, 2017-2028
5.4 By Application - Global Glass Mat Reinforced Thermoplastic Composite Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Glass Mat Reinforced Thermoplastic Composite Market Size, 2021 & 2028
6.2 By Region - Global Glass Mat Reinforced Thermoplastic Composite Revenue & Forecasts
6.2.1 By Region - Global Glass Mat Reinforced Thermoplastic Composite Revenue, 2017-2022
6.2.2 By Region - Global Glass Mat Reinforced Thermoplastic Composite Revenue, 2023-2028
6.2.3 By Region - Global Glass Mat Reinforced Thermoplastic Composite Revenue Market Share, 2017-2028
6.3 By Region - Global Glass Mat Reinforced Thermoplastic Composite Sales & Forecasts
6.3.1 By Region - Global Glass Mat Reinforced Thermoplastic Composite Sales, 2017-2022
6.3.2 By Region - Global Glass Mat Reinforced Thermoplastic Composite Sales, 2023-2028
6.3.3 By Region - Global Glass Mat Reinforced Thermoplastic Composite Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Glass Mat Reinforced Thermoplastic Composite Revenue, 2017-2028
6.4.2 By Country - North America Glass Mat Reinforced Thermoplastic Composite Sales, 2017-2028
6.4.3 US Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.4.4 Canada Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.4.5 Mexico Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Glass Mat Reinforced Thermoplastic Composite Revenue, 2017-2028
6.5.2 By Country - Europe Glass Mat Reinforced Thermoplastic Composite Sales, 2017-2028
6.5.3 Germany Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.5.4 France Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.5.5 U.K. Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.5.6 Italy Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.5.7 Russia Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.5.8 Nordic Countries Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.5.9 Benelux Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Glass Mat Reinforced Thermoplastic Composite Revenue, 2017-2028
6.6.2 By Region - Asia Glass Mat Reinforced Thermoplastic Composite Sales, 2017-2028
6.6.3 China Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.6.4 Japan Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.6.5 South Korea Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.6.6 Southeast Asia Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.6.7 India Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Glass Mat Reinforced Thermoplastic Composite Revenue, 2017-2028
6.7.2 By Country - South America Glass Mat Reinforced Thermoplastic Composite Sales, 2017-2028
6.7.3 Brazil Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.7.4 Argentina Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Glass Mat Reinforced Thermoplastic Composite Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Glass Mat Reinforced Thermoplastic Composite Sales, 2017-2028
6.8.3 Turkey Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.8.4 Israel Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.8.5 Saudi Arabia Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
6.8.6 UAE Glass Mat Reinforced Thermoplastic Composite Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Hanwha
7.1.1 Hanwha Corporate Summary
7.1.2 Hanwha Business Overview
7.1.3 Hanwha Glass Mat Reinforced Thermoplastic Composite Major Product Offerings
7.1.4 Hanwha Glass Mat Reinforced Thermoplastic Composite Sales and Revenue in Global (2017-2022)
7.1.5 Hanwha Key News
7.2 Quadrant
7.2.1 Quadrant Corporate Summary
7.2.2 Quadrant Business Overview
7.2.3 Quadrant Glass Mat Reinforced Thermoplastic Composite Major Product Offerings
7.2.4 Quadrant Glass Mat Reinforced Thermoplastic Composite Sales and Revenue in Global (2017-2022)
7.2.5 Quadrant Key News
8 Global Glass Mat Reinforced Thermoplastic Composite Production Capacity, Analysis
8.1 Global Glass Mat Reinforced Thermoplastic Composite Production Capacity, 2017-2028
8.2 Glass Mat Reinforced Thermoplastic Composite Production Capacity of Key Manufacturers in Global Market
8.3 Global Glass Mat Reinforced Thermoplastic Composite Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Glass Mat Reinforced Thermoplastic Composite Supply Chain Analysis
10.1 Glass Mat Reinforced Thermoplastic Composite Industry Value Chain
10.2 Glass Mat Reinforced Thermoplastic Composite Upstream Market
10.3 Glass Mat Reinforced Thermoplastic Composite Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Glass Mat Reinforced Thermoplastic Composite Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Glass Mat Reinforced Thermoplastic Composite Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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