Glass Mat Thermoplastic (GMT) Resins Market
Glass Mat Thermoplastic (GMT) Resins Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Glass Mat Thermoplastic (GMT) Resins Market Size and Growth
The Glass Mat Thermoplastic (GMT) Resins market is experiencing significant growth, driven by rising demand in automotive and aerospace sectors. The global market size is projected to reach approximately $2 billion by 2025, reflecting a CAGR of over 6%. Innovations in sustainability and processing techniques are further enhancing market opportunities. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Quadrant Plastics Composite
◍ DowDuPont
◍ SABIC
◍ JFE Chemicals Corporation
◍ Royal Ten Cate NV
◍ BASF SE
◍ Cytec Industries
◍ Royal DSM
◍ Hanwha Advanced Materials
The Glass Mat Thermoplastic (GMT) Resins Market features key players like Quadrant Plastics Composite, DowDuPont, and SABIC, which utilize GMT for lightweight, durable applications. These companies enhance market growth through innovation and strategic partnerships. Sales revenues: DowDuPont: $15 billion; BASF SE: $14 billion; Royal DSM: $10 billion.
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Market Segmentation
By Application
Automobiles
Aerospace & Defense ◍ Electrical & Electronics
Consumer Goods
Others
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By Product
Polypropylene
Polyamide
Thermoplastic Polyester
Market Growth
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$ X Billion USD
