An exciting new study from the team of Lucintel found that glass mat thermoplastic market is expected to reach $842.43million by 2027 with a CAGR of 8.3%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

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The glass mat thermoplastic market is segmented based on application, material type, and region. In this market, transportation is expected to remain the largest application, and traditional GMT segment is expected to remain the largest material type. Players can benefit from the available opportunities like the anticipated growth in the end user industries and increasing focus on lightweight thermoplastic composites.

Trend of switching from traditional GMT to lightweight reinforced thermoplastic, expanding with the new matrices, and improvement in existing products and development of new applications are emerging trends having impact on dynamics of the industry.

Quadrant AG/ Mitsubishi Chemical, Hanwha Advanced Materials, JFE Chemical Corporation are some of the major players profiled in this 130 page report.

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Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the glass mat thermoplastic market 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)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the glass mat thermoplastic market?

Q.4 What are some changing demands of customers in the glass mat thermoplastic market?

Q.5 What are the new developments in the glass mat thermoplastic market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this glass mat thermoplastic area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this glass mat thermoplastic market?

This unique report from Lucintel 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 click on this link helpdesk@lucintel.com

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.