PUBLISHER: Value Market Research | PRODUCT CODE: 1288800
PUBLISHER: Value Market Research | PRODUCT CODE: 1288800
The global demand for Long Fiber Thermoplastics Market is presumed to reach the market size of nearly USD 14.99 BN by 2030 from USD 6.1 BN in 2022 with a CAGR of 11.89% under the study period of 2022 - 2030. Regarding volume, the market was calculated XX Kilo Tons in 2022 and forecast to touch XX Kilo Tons by 2030 with a CAGR of XX% during 2023-2030.
Long Fiber thermoplastics are innovative structural elements and polymer resins reinforced with long or short fibers of organic and inorganic composites. They are light and provide excellent durability, better toughness, ideal dimensional stability, and more robust mechanical strength to increase product shelf life compared to other metals and low-performance plastic. In addition, long fiber thermoplastics are rigid, environmentally friendly, economical, fatigue resistant, corrosion and chemical resistant, and they offer thermal conductivity.
The increase in long fiber thermoplastic applications in aerospace industries is the driving factor for the product's market growth. Rapid industrialization will directly and favourably impact the market growth of long fiber thermoplastic. The increasing use of fuel-efficient vehicles by automobile manufacturers is a driving factor for long fiber thermoplastic market growth. Demand for high-performance materials for various end-use applications and expanding manufacturing in developing nations will also accelerate the long fiber thermoplastic market expansion. The rising awareness of the material and the government's initiative to promote recyclable components is expected to drive the market growth of long fiber thermoplastic. However, the high cost of manufacturing and processing and raw material prices are expected to hamper the market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of long fiber thermoplastics. The growth and trends of Long Fiber Thermoplastics Industry provide a holistic approach to this study.
This section of the long fiber thermoplastics market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Long Fiber Thermoplastics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the long fiber thermoplastics market include SABIC, RTP Company, JNC Corporation, Avient Corporation, Celanese Corporation, LANXESS, Solvay, Daicel Corporation, Kingfa SCI. & TECH. CO. LTD., SGL Carbon, Asahi Kasei Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.