Glass Mat Reinforced Thermoplastic Composite Market
Glass Mat Reinforced Thermoplastic Composite
Market Scope: Industry Analysis, Market Size,
Growth, Trends Till 2031
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Glass Mat Reinforced Thermoplastic Composite Market Size and Growth
The Glass Mat Reinforced Thermoplastic Composite market is experiencing significant growth, driven by increased demand in automotive and aerospace industries. As of 2023, the market size is valued at approximately USD 1.2 billion, with projections indicating continued expansion due to advancements in material technology and sustainable manufacturing practices. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Hanwha
◍ Quadrant
The Glass Mat Reinforced Thermoplastic Composite Market features key players like Hanwha and Quadrant, which leverage advanced composites for enhanced durability in automotive and industrial applications. Their innovations foster market growth through improved product performance and sustainability. Specific revenue figures include Hanwha’s $25 billion and Quadrant’s $500 million in 2022.
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Market Segmentation
By Application
Automotive
Building and Construction
Marine
Others
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By Product
Polypropylene (PP) GMT
Polyamide (PA) GMT
Others
Market Growth
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$ X Billion USD
