Press release
Lucintel Forecasts the Global Glass Mat Thermoplastic Market to Reach $828 million by 2031
Key data points: The market size in 2024 = $638.6 million, growth forecast = 4% annually next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecast in the global GMT market to 2031 by application (transpo
According to a market report by Lucintel, the future of the global glass mat thermoplastic market [https://www.lucintel.com/glass-mat-thermoplastic-market.aspx] looks promising with opportunities in the transportation and construction applications. The global glass mat thermoplastic market is expected to reach an estimated $828 million by 2031 with a CAGR of 4% from 2024 to 2031 The major drivers for this market are the increasing use of glass mat thermoplastic in transportation and construction applications, increasing use for lightweight materials, recyclability, and ease of processing of GMT.
A more than 150-page report to understand trends, opportunity and forecast in glass mat thermoplastic market to 2031 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 & ROW 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 Group, Hanwha Advanced Materials, and JFE Chemical Corporation are the major suppliers 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
Media Contact
Company Name: Lucintel
Contact Person: Roy Almaguer
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=lucintel-forecasts-the-global-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 the Global Glass Mat Thermoplastic Market to Reach $828 million by 2031 here
News-ID: 4218779 • Views: …
More Releases from ABNewswire
The Boston Brown Coffee Company Expands Beverage Excellence with Premium Herbal …
The Boston Brown Coffee Company announces the addition of 12 thoughtfully selected premium herbal teas to its product lineup. Each tea has been chosen for its soothing qualities, vibrant aromas, and comforting flavors, providing customers with refined alternatives that complement the company's renowned coffee selection.
The Boston Brown Coffee Company has expanded beyond its coffee expertise to introduce a carefully curated collection of 12 premium herbal teas, marking a significant evolution…
Adsome Named Best AI Creative Production Agency for E-Commerce Brands in 2026
Stockholm-based Adsome solves the "Creative Starvation" bottleneck for global e-commerce brands by delivering high-performance, 100% digital ad creatives at scale following Meta's Andromeda algorithm update.
STOCKHOLM, SWEDEN - February 25, 2026 - Adsome, recognized as the best AI creative production agency for e-commerce brands, today announced the expansion of its performance-driven ad production service. The expansion meets surging demand from product brands across the Americas, Europe, and the Nordics by delivering…
Concrete Cleaning Professionals in Millsboro DE Provided by Hose Bros Inc for Ha …
Hose Bros Inc continues to serve Millsboro DE as a steady provider of concrete cleaning solutions, supporting the needs of Harbeson and Laurel residents. Through structured, reliable concrete cleaning services, the company provides consistent access to professional maintenance that prioritizes safety, functionality, and visual upkeep. Hose Bros Inc remains a trusted local resource, offering residents clear guidance and dependable execution for all their concrete surface needs.
Introduction: Concrete Cleaning in Millsboro…
Sky Vacations Unveils SV Prive: The Next Generation of Private Car Touring
Image: https://www.abnewswire.com/upload/2026/02/43245a867a0749dfca441b13931e87e1.jpg
New York City, NY - Building on decades of success as one of North America's most respected outbound luxury tour operators, Sky Vacations today announced the launch of SV Prive, a new collection of ultra-elevated private car journeys designed for travelers who expect more; more access, more intention, and more meaning in every mile.
With a presence that spans six continents, Sky Vacations has long been recognized as a trusted…
More Releases for GMT
Aircraft Mounts Market Hits New High | Major Giants Lord Corporation, GMT Rubber …
HTF MI recently introduced Global Aircraft Mounts Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Lord Corporation, GMT Rubber-Metal-Technic, Trelleborg, Hutchinson, Cadence Aerospace, Vibration Solutions.
Download Sample Report PDF…
GMT for Automobile Research:CAGR of 4.2% during the forecast period
QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Glass Fiber Mat Reinforced Thermoplastic Composites (GMT) for Automobile- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and…
Glass Mat Thermoplastics (GMT) Market 2023 | Detailed Report
The Glass Mat Thermoplastics (GMT) market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The Glass Mat Thermoplastics (GMT) report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period.
The Glass Mat Thermoplastics (GMT) research report also provides…
Global Floor Spring Market: Emerging Trends, Major Key Players Ryobi and Stanley …
According to the report, The global Floor Spring market is predicted to grow from $ billion in 2020 to $ billion in 2028 at a CAGR of XX%.
Request Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=006950
The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global FLOOR SPRING industry including a look at the current market size and forecasts for key segments and…
Anti-Vibration Mounts Market Scope, Future Prospects And Competitive Analysis 20 …
Crafting a beneficial marketing strategy is easy with this unique Anti-Vibration Mounts market analysis. It helps market players in better understanding of target market of the company. By knowing target market, launchings of better products and expanding the business becomes easy. This research analysis provides pricing structure, new advancements in the market and best customer experience. It further provides quick insights into driving and hindering factors of market growth along…
Glass Mat Thermoplastic (GMT) Resins Market: Analyzing Growth by focusing on Top …
Allied Market Research published a new report, titled, " Glass Mat Thermoplastic (GMT) Resins Market by Raw Materials (Polypropylene, Polyamide, and Thermoplastic Polyester), Product (Traditional and Advanced) and Application (Automobiles, Aerospace & Defense, Electrical & Electronics, Consumer Goods, and Others) - Global Opportunity Analysis & Industry Forecast, 2020-2027." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This…
