Global Glass Mat Thermoplastics (GMT) Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch's in-depth investigation and research, the global Glass Mat Thermoplastics (GMT) market size will reach 909.12 Million USD in 2025 and is projected to reach 1,136.47 Million USD by 2032, with a CAGR of 3.24% (2025-2032). Notably, the China Glass Mat Thermoplastics (GMT) market has changed rapidly in the past few years. By 2025, China's market size is expected to be Million USD, representing approximately % of the global market share.

Research Summary

Glass Mat Thermoplastics (GMT) is a type of composite material that combines glass mat reinforcement with a thermoplastic resin matrix. The manufacturing process involves impregnating a continuous glass mat with a thermoplastic resin, such as polypropylene or polyethylene, followed by heat and pressure to mold the material into the desired shape. GMT offers a high strength-to-weight ratio, impact resistance, and dimensional stability, making it suitable for various applications in the automotive industry, particularly for manufacturing components such as automotive body panels, underbody shields, and interior parts. The continuous glass mat reinforcement contributes to the material's structural integrity, while the thermoplastic matrix allows for efficient processing through injection molding or compression molding, providing a cost-effective and versatile solution for lightweight, durable, and recyclable automotive components.

The major global  manufacturers of Glass Mat Thermoplastics (GMT) include Hanwha, Quantrant Plastic Composites, Crerax, Mitsubishi Chemical Advanced Materials, Nmg Composites, Polyrocks Chemical, NINGBO HUAYE, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Glass Mat Thermoplastics (GMT). Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Glass Mat Thermoplastics (GMT) market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Glass Mat Thermoplastics (GMT) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Glass Mat Thermoplastics (GMT) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Glass Mat Thermoplastics (GMT) Include:

Hanwha

Quantrant Plastic Composites

Crerax

Mitsubishi Chemical Advanced Materials

Nmg Composites

Polyrocks Chemical

NINGBO HUAYE

Glass Mat Thermoplastics (GMT) Product Segment Include:

Polypropylene GMT

PolyamideGMT

Glass Mat Thermoplastics (GMT) Product Application Include:

Automotive

Building and Construction

Marine

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Glass Mat Thermoplastics (GMT) Capacity and Production Analysis

Chapter 3: Global Glass Mat Thermoplastics (GMT) Industry PESTEL Analysis

Chapter 4: Global Glass Mat Thermoplastics (GMT) Industry Porter's Five Forces Analysis

Chapter 5: Global Glass Mat Thermoplastics (GMT) Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Glass Mat Thermoplastics (GMT) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Glass Mat Thermoplastics (GMT) Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Glass Mat Thermoplastics (GMT) Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources