Global Long Fiber Thermoplastics Market– Industry Trends and Forecast to 2024

  • Chemical and Materials
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  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
Global Long Fiber Thermoplastics Market by Fiber Type (Glass Fiber, Carbon Fiber), Resin Type (Polypropylene, Polybutylene Terephthalate¸ Polyamide), Application (Electrical & Electronics, Automotive, Sporting Goods, Consumer Goods), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024 The Global Long Fiber Thermoplastics Market accounted for USD 2.78 billion in 2016 and is projected to grow at a CAGR of 8.97% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: Global Long Fiber Thermoplastics Market

Long fiber thermoplastics can easily be molded in any shape and can be utilized in making different automotive parts. It provides the material with strength, stability, durability, toughness, corrosion resistance and stiffness feature. It can be applied at automotive, electronics and consumer goods.

Major Market Drivers: Global Long Fiber Thermoplastics Market

  • Strict regulation against the usage of CO2 emission vehicle and replacement with light weighted vehicle
  • Numerous features such as easily recyclable and corrosive resistance.
  • Growing usage in the different industries
Market Restraint:                  
  • High manufacturing and processing cost

Market Segmentation: Global Long Fiber Thermoplastics Market

On the basis of fiber type, global long fiber thermoplastics are segmented into glass fiber long fiber thermoplastics and carbon fiber long fiber thermoplastics. On the basis of resin type, global long fiber thermoplastics are segmented into polypropylene, polybutylene terephthalate, polyamide and others. Other types of resins are polyether ether ketone and polyphenylene sulfide. On the basis of application, global long fiber thermoplastics are segmented into electrical & electronics, automotive, sporting goods, consumer goods and others. Other types of application includes aerospace and marine. On the basis of geography, the global long fiber thermoplastics market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Competitive Landscape: Global Long Fiber Thermoplastics Market

The global long fiber thermoplastics market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Competitors: Global Long Fiber Thermoplastics Market

Some of the major players in global long fiber thermoplastics market include Celanese Corporation, Solvay, Daicel Polymer Ltd., LANXESS, the Quadrant group of companies, Sbhpp, Asahi Kasei Plastics, PolyOne, RTP Company, PlastiComp Inc., PPG Industries, Inc., Kingfa Science & Technology Limited,  SGL Group, Dieffenbacher, TechnoCompound GmbH, JNC Corporation, Sumitomo Chemical Co. Ltd and  SABIC among others.

Research Methodology: Global Long Fiber Thermoplastics Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or drop down your inquiry. The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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