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, 2017-2023.

Advanced Materials	MA_181985	Pages: NA	Jul 2018 \| 977 Views
Author's : NA	Tables: NA	Charts: NA	Formats*:

Glass matt thermoplastic (GMT) resins have better mechanical properties than injection molding thermoplastics and exhibit better elastic strength and damage tolerance. Moreover, glass mat thermoplastic resins are considered as alternative to metals such as steel and aluminum, which has increased its utilization majorly in the automobile industry with applications in bumper beams, spare wheel well, seating structures, interior headliners, and so on.

Increase in consumer preference towards lightweight automobiles has increased the demand for glass matt thermoplastic resins. The raw materials used for processing glass mat thermoplastics are polypropylene, polyamide, and thermoplastic polyester. The demand for polypropylene has gained market attraction owing to its excellent low relative density and display of superior stiffness and hardness under elevated operating temperatures.

Furthermore, high productivity of both manufacturing and processing has increased the demand for advanced GMT technologies, which is anticipated to witness growth owing to the increase in application areas. Automobile applications have gained traction owing to the increase in demand for lightweight vehicles. In addition, increase in governmental investments coupled with development in glass matt thermoplastics is expected to raise its market demand in the aerospace & defense industry. Fluctuating prices associated with glass matt thermoplastic resin are expected to hamper the market growth. However, rapid industrialization is likely to drive the GMT market by creating new avenues of applications.

North America and Europe are major markets for GMT resins owing to the increase in demand for automobiles and investment in military & defense. Furthermore, growth in the electronic and electrical sector is anticipated to boost its market demand in Asia-Pacific countries such as China and Japan. In addition, rise in urbanization is anticipated to promote the growth of GMT resin in the LAMEA regions.

The report on global glass matt thermoplastic resins is segmented based on raw material, product, application, and geography. Based on raw material, the report includes, polypropylene, polyamides, and thermoplastic polymers. Based on product, the market is segmented into traditional and advanced GMT. Based on application, the market is segmented into automobiles, aerospace & defense, electrical & electronics, consumer goods, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Top market players in the global glass matt thermoplastic resin market include Quadrant Plastics Composite, Du Pont, SABIC, JFE Chemicals Corporation, Royal Ten Cate NV, BASF SE, Cytec Industries, Royal DSM, and Hanwha Advanced Materials.

Key Benefits for Stakeholders

This report entails the detailed quantitative analysis of current market and estimations from 2014 to 2022 that assist in identifying the prevailing market opportunities to capitalize on the global glass matt thermoplastic resins market.
In-depth coverage of the market including drivers, restraints, and opportunities helps professionals to better understand the market behavior.
Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.
Porters Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.
Pinpoint analysis of geographical segments helps to identify opportunities for growth within the market.

Glass Mat Thermoplastic (Gmt) Resins Market Key Segmentation

By Raw materials

Polypropylene
Polyamide
Thermoplastic Polyester

By Products

Traditional GMT
Advanced GMT

By Application

Automobiles
Aerospace & Defense
Electrical & Electronics
Consumer Goods
Others

By Geography

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
Technologically sophisticated and reliable insights through well audited and veracious research methodology
Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

Patent and regulatory databases for understanding of technical & legal developments
Scientific and technical writings for product information and related preemptions
Regional government and statistical databases for macro analysis
Authentic new articles, web-casts and other related releases for market evaluation
Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

Validates and improves the data quality and strengthens research proceeds
Further develops analyst team’s market understanding and expertise
Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

Chief executives and VPs of leading corporations specific to industry
Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Online Only $3456 Data Pack/Excel $3840 Single User $5370 Five User Online $6450 Enterprise Online $8995

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

Call us on
( U.S. - Canada toll free )
+1-800-792-5285, Int'l : +1-503-894-6022
Drop us an email at
help@alliedmarketresearch.com

Send Enquiry

Shopping Cart is Empty..

Your Shopping Cart Is Empty