Applications as a substitute for aluminium and steel augments the Glass Mat Market Market overview Glass mat thermoplastic is a simply mouldable thermoplastic employed to make multiple components, mainly in the automotive industry. It exhibits many mechanical properties than injection moulded reinforced thermoplastic due to its improved residual length of the glass strands. It is primarily organised as a substitute for aluminium and steel. They are obtainable in the panel form and used in 3D structural component form. Glass Mat Market is estimated to rise from USD 1031.5 Million in 2019 to USD 1,438.5 Million by 2024, at a CAGR of 4.83% between 2019 and 2022. Market Drivers and Restrains Rise in government creativities for higher fuel economy, recycling procedures, and ease of handling are the significant aspects that increase the market growth. In addition, the bumper beam accounts for the leading automotive application, and it is expected to continue as the most significant automotive application in the forecast period. Advanced glass mat is the most extensively used material, due to its lightweight nature when compared to traditional thermoplastics, which is expected to increase the market growth. However, the changing prices of the glass mat thermoplastic material are expected to hinder the popularity and inhibit the global market growth. To know more read https://www.marketdataforecast.com/market-reports/glass-matmarket Report is segmented as By Mat Type • • Chopped Strand Continuous Filament By Binder Type • • Emulsion Powder Geographical Segmentation: Based on geography, the market is divided under several regions such as North America, Europe, Asia-Pacific and the Rest of the World. The Asia-Pacific region has the highest share of the global glass mat market. Key market players: • • • • • • • • • BASF SE Royal DSM Celanese Corporation Cytec Industries JFE Chemical Corporation SABIC Quadrant Plastic Composites Hanwha Advanced Materials Dupont View sample and decide: https://www.marketdataforecast.com/market-reports/glass-matmarket/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: [email protected] Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/

Glass Mat Market is expected to grow by USD 1023.65 Million in 2018 and is expected to grow by USD 1295.93 Million by 2023 at the CAGR of about 4.83%.