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
SHOCK VITALIZE Announces Black Friday Mega Sale: Up to $300 Cashback, Free Acces …
SHOCK VITALIZE, a trusted name in non-invasive shockwave therapy pain relief and recovery technology, has officially announced its annual Black Friday Sale, offering customers the most powerful deal of the year from November 19 through December 1, 2025. The upcoming event will feature limited-time cashback rewards, free gifts, and exclusive savings on SHOCK VITALIZE's best-selling devices, including the SV-LITE [https://shockvitalize.com/products/shock-vitalize-lite/https://shockvitalize.com/] and SV-MEGA [https://shockvitalize.com/products/shock-vitalize-mega] shockwave therapy machines.
Black Friday Timeline: Nov 19th…
Golden Times Launches Innovative Space Series Playground for Global Markets
Wenzhou Golden Times Amusement Toys Co., Ltd. [https://www.goldentimestoy.com/], a leading manufacturer of outdoor playground equipment since 2003, has announced the launch of its latest product line: the Space Series Playground. Designed for children aged 3-12, this new series combines imaginative design, durable construction, and international safety standards to redefine outdoor play experiences for schools, parks, and entertainment venues worldwide.
Introducing the Space Series Playground
The Space Series Playground [https://www.goldentimestoy.com/product_category/outdoor-playground/] is a versatile…
Javas Gusto! Brings 15+ Innovative Coffee Flavors to Holiday Tables with Health- …
Startup beverage company Javas Gusto! revolutionizes coffee subscriptions with unique flavors like mushroom coffee and Dubai chocolate while maintaining health benefits. As specialty coffee sales surge 20% annually, the company offers convenient monthly delivery perfect for holiday gifting.
Javas Gusto! advances the specialty coffee revolution with its comprehensive collection of health-conscious, flavor-forward coffees and teas, introducing monthly subscription services that transform daily beverage routines into culinary adventures while capitalizing on the…
Why Glasgow's Tech Scene Is Embracing Financial Wellbeing Apps
Glasgow's booming tech community is increasingly relying on financial wellbeing apps to simplify tax filing, manage budgets, and maintain healthier financial habits amid a rising cost of living and growing self-employed workforce.
GLASGOW, United Kingdom - 18 November, 2025 - Glasgow's booming tech community is increasingly relying on financial wellbeing apps to simplify tax filing, manage budgets, and maintain healthier financial habits amid a rising cost of living and growing self-employed…
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…
