GLASS MAT THERMOPLASTIC MARKET ANALYSIS
High price is expected to be one of the restraining factors for the growth of glass mat thermoplastic market over the forecast period. This is mainly attributed by the complex process involved in production of glass mat thermoplastics. However, constant research and development to find an alternative manufacturing process for reduction in manufacturing cost is a key strategy adopted by major players. Some of the major companies operating in the global glass mat thermoplastic market include Cytec Solvay Group, BASF SE, Royal DSM, Quadrant Plastic Composites, and Hanwha Advanced Materials.
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