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Glass Mat Thermoplastic Market Trends and Forecast

The future of the global glass mat thermoplastic market looks promising with opportunities in transportation and construction applications. The global glass mat thermoplastic market is expected to reach an estimated $967.1 million by 2028 with a CAGR of 5.5% from 2022 to 2028. The major growth drivers for this market are the increasing use of glass mat thermoplastic in automotive and construction applications, increasing use for lightweight materials, recyclability, and ease of processing of GMT.