Glass Mat Thermoplastic Composite Market, Global Outlook and Forecast 2022-2028
Glass Mat Thermoplastic Composite Market, Global Outlook and Forecast 2022-2028
Glass Mat Thermoplastic Composite Market by End User (Office Building Construction, Retail Construction, Hospitality Construction, Institutional Construction, Other End Users), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast - is a comprehensive report that provides insights into the market dynamics, including the key drivers, challenges, and opportunities shaping the industry landscape. It also delves into the competitive landscape, highlighting the major players and their strategies.
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Glass Mat 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 Thermoplastic Composite in global, including the following market information:
Global Glass Mat Thermoplastic Composite Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Glass Mat Thermoplastic Composite Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Glass Mat Thermoplastic Composite companies in 2021 (%)
The global Glass Mat 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 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 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 Thermoplastic Composite Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Glass Mat Thermoplastic Composite Market Segment Percentages, by Type, 2021 (%)
Polypropylene (PP) GMT
Polyamide (PA) GMT
Others
Global Glass Mat Thermoplastic Composite Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Glass Mat Thermoplastic Composite Market Segment Percentages, by Application, 2021 (%)
Automotive
Building and Construction
Marine
Others
Global Glass Mat Thermoplastic Composite Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Glass Mat 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 Thermoplastic Composite revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Glass Mat Thermoplastic Composite revenues share in global market, 2021 (%)
Key companies Glass Mat Thermoplastic Composite sales in global market, 2017-2022 (Estimated), (MT)
Key companies Glass Mat 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 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 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 Thermoplastic Composite Overall Market Size
2.1 Global Glass Mat Thermoplastic Composite Market Size: 2021 VS 2028
2.2 Global Glass Mat Thermoplastic Composite Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Glass Mat Thermoplastic Composite Sales: 2017-2028
3 Company Landscape
3.1 Top Glass Mat Thermoplastic Composite Players in Global Market
3.2 Top Global Glass Mat Thermoplastic Composite Companies Ranked by Revenue
3.3 Global Glass Mat Thermoplastic Composite Revenue by Companies
3.4 Global Glass Mat Thermoplastic Composite Sales by Companies
3.5 Global Glass Mat Thermoplastic Composite Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Glass Mat Thermoplastic Composite Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Glass Mat Thermoplastic Composite Product Type
3.8 Tier 1, Tier 2 and Tier 3 Glass Mat Thermoplastic Composite Players in Global Market
3.8.1 List of Global Tier 1 Glass Mat Thermoplastic Composite Companies
3.8.2 List of Global Tier 2 and Tier 3 Glass Mat Thermoplastic Composite Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Glass Mat 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 Thermoplastic Composite Revenue & Forecasts
4.2.1 By Type - Global Glass Mat Thermoplastic Composite Revenue, 2017-2022
4.2.2 By Type - Global Glass Mat Thermoplastic Composite Revenue, 2023-2028
4.2.3 By Type - Global Glass Mat Thermoplastic Composite Revenue Market Share, 2017-2028
4.3 By Type - Global Glass Mat Thermoplastic Composite Sales & Forecasts
4.3.1 By Type - Global Glass Mat Thermoplastic Composite Sales, 2017-2022
4.3.2 By Type - Global Glass Mat Thermoplastic Composite Sales, 2023-2028
4.3.3 By Type - Global Glass Mat Thermoplastic Composite Sales Market Share, 2017-2028
4.4 By Type - Global Glass Mat Thermoplastic Composite Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Glass Mat 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 Thermoplastic Composite Revenue & Forecasts
5.2.1 By Application - Global Glass Mat Thermoplastic Composite Revenue, 2017-2022
5.2.2 By Application - Global Glass Mat Thermoplastic Composite Revenue, 2023-2028
5.2.3 By Application - Global Glass Mat Thermoplastic Composite Revenue Market Share, 2017-2028
5.3 By Application - Global Glass Mat Thermoplastic Composite Sales & Forecasts
5.3.1 By Application - Global Glass Mat Thermoplastic Composite Sales, 2017-2022
5.3.2 By Application - Global Glass Mat Thermoplastic Composite Sales, 2023-2028
5.3.3 By Application - Global Glass Mat Thermoplastic Composite Sales Market Share, 2017-2028
5.4 By Application - Global Glass Mat Thermoplastic Composite Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Glass Mat Thermoplastic Composite Market Size, 2021 & 2028
6.2 By Region - Global Glass Mat Thermoplastic Composite Revenue & Forecasts
6.2.1 By Region - Global Glass Mat Thermoplastic Composite Revenue, 2017-2022
6.2.2 By Region - Global Glass Mat Thermoplastic Composite Revenue, 2023-2028
6.2.3 By Region - Global Glass Mat Thermoplastic Composite Revenue Market Share, 2017-2028
6.3 By Region - Global Glass Mat Thermoplastic Composite Sales & Forecasts
6.3.1 By Region - Global Glass Mat Thermoplastic Composite Sales, 2017-2022
6.3.2 By Region - Global Glass Mat Thermoplastic Composite Sales, 2023-2028
6.3.3 By Region - Global Glass Mat Thermoplastic Composite Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Glass Mat Thermoplastic Composite Revenue, 2017-2028
6.4.2 By Country - North America Glass Mat Thermoplastic Composite Sales, 2017-2028
6.4.3 US Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.4.4 Canada Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.4.5 Mexico Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Glass Mat Thermoplastic Composite Revenue, 2017-2028
6.5.2 By Country - Europe Glass Mat Thermoplastic Composite Sales, 2017-2028
6.5.3 Germany Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.5.4 France Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.5.5 U.K. Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.5.6 Italy Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.5.7 Russia Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.5.8 Nordic Countries Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.5.9 Benelux Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Glass Mat Thermoplastic Composite Revenue, 2017-2028
6.6.2 By Region - Asia Glass Mat Thermoplastic Composite Sales, 2017-2028
6.6.3 China Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.6.4 Japan Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.6.5 South Korea Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.6.6 Southeast Asia Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.6.7 India Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Glass Mat Thermoplastic Composite Revenue, 2017-2028
6.7.2 By Country - South America Glass Mat Thermoplastic Composite Sales, 2017-2028
6.7.3 Brazil Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.7.4 Argentina Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Glass Mat Thermoplastic Composite Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Glass Mat Thermoplastic Composite Sales, 2017-2028
6.8.3 Turkey Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.8.4 Israel Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.8.5 Saudi Arabia Glass Mat Thermoplastic Composite Market Size, 2017-2028
6.8.6 UAE Glass Mat 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 Thermoplastic Composite Major Product Offerings
7.1.4 Hanwha Glass Mat 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 Thermoplastic Composite Major Product Offerings
7.2.4 Quadrant Glass Mat Thermoplastic Composite Sales and Revenue in Global (2017-2022)
7.2.5 Quadrant Key News
8 Global Glass Mat Thermoplastic Composite Production Capacity, Analysis
8.1 Global Glass Mat Thermoplastic Composite Production Capacity, 2017-2028
8.2 Glass Mat Thermoplastic Composite Production Capacity of Key Manufacturers in Global Market
8.3 Global Glass Mat 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 Thermoplastic Composite Supply Chain Analysis
10.1 Glass Mat Thermoplastic Composite Industry Value Chain
10.2 Glass Mat Thermoplastic Composite Upstream Market
10.3 Glass Mat Thermoplastic Composite Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Glass Mat 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 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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