Press release
Lucintel Forecasts Glass Mat Thermoplastic Market to Reach $828 million by 2031
![Glass Mat Thermoplastic Market: Trends, Opportunities and Competitive Analysis [2025-2031]](https://cdn.open-pr.com/7/0/704509062_g.jpg)
Glass Mat Thermoplastic Market: Trends, Opportunities and Competitive Analysis [2025-2031]
According to the recent study the glass mat thermoplastic market [https://www.lucintel.com/glass-mat-thermoplastic-market.aspx] is projected to reach an estimated $828 million by 2031 from $638.6 million by 2024, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily driven by the increasing use of glass mat thermoplastic in automotive and construction applications, increasing use for lightweight materials, recyclability, and ease of processing of GMT.
Browse 107 figures / charts and 68 tables in this 205 -page report to understand trends, opportunities and forecast in glass mat thermoplastic market by application (transportation, construction, and others), material type (traditional GMT and advance GMT), and region (North America, Europe, and Asia Pacific & Rest of the World).
Lucintel forecasts that transportation will remain the largest application by value and volume due to increasing government mandates for higher fuel economy, recyclability, and ease of processing are the major driving forces that spur growth for GMT.
Traditional GMT is expected to remain the largest market by value and volume, mainly driven by its various mechanical properties like lower mass, recyclability, high productivity, and low tooling cost.
Download sample by clicking on glass mat thermoplastic market
Asia Pacific (APAC) expected to remain the largest market and it is also expected to witness the highest growth over the forecast period due to the anticipated growth in the end user industries and increasing focus on lightweight thermoplastic composites
Mitsubishi Chemical Advanced Materials, Hanwha Advanced Materials, JFE Chemical Corporation are the major supplier in the glass mat thermoplastic market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact: Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. +1 972.636.5056
Explore Our Latest Publications
[https://www.lucintel.com/alkylpyridine-quat-market.aspx]
[https://www.lucintel.com/below-20mm-neoprene-sponge-cord-market.aspx]
[https://www.lucintel.com/betahistine-market.aspx]
[https://www.lucintel.com/fluphenazine-decanoate-market.aspx]
Intestinal Ascariasis Medicine Market
Rare Earth Hydrogen Storage Material Market
Media Contact
Company Name: Lucintel
Contact Person: Roy Almaguer
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=lucintel-forecasts-glass-mat-thermoplastic-market-to-reach-828-million-by-2031]
Phone: 972.636.5056
Address:8951 Cypress Waters Blvd., Suite 160
City: Dallas
State: TEXAS
Country: United States
Website: https://www.lucintel.com/
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lucintel Forecasts Glass Mat Thermoplastic Market to Reach $828 million by 2031 here
News-ID: 4093253 • Views: …
More Releases from ABNewswire
Superb Peptides LLC Raises Industry Standards with Third-Party Testing and Compr …
Superb Peptides LLC, an American-owned and operated research peptide supplier, has established itself as a premier source for quality-verified peptides through rigorous third-party testing protocols. The company's commitment to transparency and quality assurance sets a new benchmark for the research peptide industry, providing customers with comprehensive certificates of analysis.
Superb Peptides LLC has emerged as a leading force in the research peptide market by prioritizing quality verification and customer transparency. As…
Augmented LLC Proves Independent Artist Success Model Through Client Achievement …
Without accepting a single dollar of outside investment, Augmented LLC has built a thriving ecosystem that has helped independent musicians achieve millions of streams, build sustainable income sources, and maintain complete creative control. The company's success stories demonstrate that artists can build professional careers without surrendering ownership or autonomy to major labels, validating a new model for the music industry.
The narrative around independent musicians has often been one of struggle,…
Specialty Coffee Roaster Catahoula Java Co. Champions Shelter Animals as Future …
Catahoula Java Co. is launching an awareness campaign to encourage service animal trainers to discover their next working dogs and cats in animal shelters and rescues. The initiative challenges misconceptions about rescue animals while supporting the company's ongoing commitment to animal welfare through charitable donations from coffee sales.
Catahoula Java Co., a mission-driven specialty coffee company, is taking its commitment to animal welfare to the next level with a focused campaign…
Oliver's Coffee and Teas Redefines Morning Ritual with Ethically Sourced Premium …
TKDS Media LLC announces Oliver's Coffee and Teas has established itself as a destination for coffee and tea lovers seeking ethically sourced, premium-quality beverages. The company emphasizes sourcing transparency and unique flavor profiles that transform everyday drinking into an intentional experience. Oliver's Coffee and Teas serves a growing community of enthusiasts who value both quality and ethical practices.
In a marketplace saturated with mass-produced coffee and tea products, Oliver's Coffee and…
More Releases for Lucintel
Lucintel Forecasts the Global Carbon Fiber Textile Market
Lucintel finds that the future of the global carbon fiber textile intermediate material market looks promising with opportunities in transportation, marine, wind energy, aerospace and defense, construction, consumer goods end use industries. The global carbon fiber textile market is expected to reach an estimated $3 billion by 2031 with a CAGR of 5% from 2024 to 2031
According to a market report by Lucintel, the future of the global carbon fiber…
Lucintel Forecasts Bicycle Market to Reach $62.0 billion
According to the recent study the bicycle market is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030
According to the recent study the bicycle market [https://www.lucintel.com/bicycle-market-report.aspx] is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily…
Lucintel Forecasts BRIC Composites Market
According to the recent study the BRIC composites market is projected to reach an estimated $25.0 billion by 2030 from $18.4 billion in 2023, at a CAGR of 5.0% from 2023 to 2030
According to the recent study the BRIC composites market [https://www.lucintel.com/bric-composites-market.aspx] is projected to reach an estimated $25.0 billion by 2030 from $18.4 billion in 2023, at a CAGR of 5.0% from 2023 to 2030. Growth in this market…
Lucintel Forecasts FRP Pole Market to Reach $277.0 million
According to the recent study the FRP Pole Market is projected to reach an estimated $277.0 million by 2030 from $218.3 million in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by the ongoing replacement of obsolete wooden poles and performance benefits of FRP poles like rot and corrosion resistance, minimal maintenance, and easy installation over wood, steel, and other poles.
According…
Lucintel Forecasts Acrylonitrile Market to Reach $13.0 billion by 2023
According to the recent study the acrylonitrile market is projected to reach an estimated $13.0 billion by 2023 from $10.6 billion in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by increasing use of acrylonitrile in various parts of automotive and construction industry for its chemical and thermal properties, and the use of acrylonitrile in manufacturing acrylic fiber and acrylonitrile butadiene…
Lucintel Forecasts Recycled Carbon Fiber Market
According to the recent study the recycled carbon fiber market is projected to reach an estimated $103.0 million by 2030 from $59.20 million in 2023, at a CAGR of 8.0% from 2023 to 2030. Growth in this market is primarily driven by regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber.
According to the recent study the recycled carbon fiber…
