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Long Fiber Thermoplastics Market worth $6.34 billion by 2030, growing at a CAGR of 9.07% - Exclusive Report by 360iResearch
Long Fiber Thermoplastics Market | 360iResearch
The Global Long Fiber Thermoplastics Market to grow from USD 3.45 billion in 2023 to USD 6.34 billion by 2030, at a CAGR of 9.07%.
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Long fiber composites offer advanced structural performance in injection moldable thermoplastics while combining high stiffness, strength, and toughness levels in a single material. Long fiber composites' high mechanical performance characteristics make them a preferred substitute for metals, as a replacement for under-performing plastics, or as alternatives to higher-cost engineering polymers through up-engineering of lower-cost plastics. They are widely utilized in the automotive and aerospace industries, and many users have started to adopt bio-based versions of this material. However, the price volatility of raw materials, primarily polyamide and polypropylene, and complex manufacturing and maintenance of long fiber thermoplastics impede their development. Market players are investing in research and development (R&D) activities to continue the advancement of long-fiber thermoplastic technology and materials to meet the changing industry standards. Long fiber composites are also being recycled, which reduces their environmental impacts.
The European long-fiber thermoplastics market is growing, driven by the presence of well-established players joining long-term contracts with end-users for various products. The region has thermoplastics production facilities across Germany, Italy, France, the Netherlands, and the UK, with various distribution units serving multiple markets. With the need for light-weight and fuel-efficient vehicles rising across the region with the government support, the production of vehicles is expected to rise significantly in the region. The Americas portrays a largely growing aerospace and automotive market, requiring advanced materials for developing vehicles. The market players in Europe are also focused on offering material customization to meet the performance and sustainability requirements of each end-user. The Asia-Pacific region offers a large offering of raw materials for global long-fiber thermoplastics manufacturers and has emerged as a potential hub for manufacturing facility expansion.
Market Segmentation & Coverage:
This research report categorizes the Long Fiber Thermoplastics Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Resin, market is studied across Polyamide / Nylon, Polyphthalamide, and Polypropylene.
Based on Fiber, market is studied across Carbon and Glass. The Carbon is projected to witness significant market share during forecast period.
Based on Manufacturing Process, market is studied across Direct-LFT, Injection Molding, and Pultrusion. The Direct-LFT is projected to witness significant market share during forecast period.
Based on End-Use Industry, market is studied across Aerospace, Automotive, Buildings & Construction, Consumer Goods, Electrical & Electronics, and Sporting Goods. The Aerospace is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Long Fiber Thermoplastics Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Long Fiber Thermoplastics Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Long Fiber Thermoplastics Market, highlighting leading vendors and their innovative profiles. These include APPL Industries Limited, Arkema S.A., Asahi Kasei Corporation, ASTM International, Avient Corporation, BASF SE, Borealis AG, CEJN AB, Celanese Corporation, Clariant AG, Coperion GmbH, Covestro AG, Daicel Corporation, Dieffenbacher GmbH Maschinen- und Anlagenbau, Eastman Chemical Company, Ems-chemie Holding AG, Ensinger GmbH, Ferro Corporation, Fluoro-Plastics, Inc., Formosa Chemicals & Fibre Corporation, Formosa Plastics Corporation, Great Eastern Resins Industrial Co., Ltd., GS Caltex Czech, s.r.o., Interstate Plastics, Inc., JM Eagle Corporation, JNC Corporation, Kingfa Sci & Tec Co., Kuriyama of America, Inc., LANXESS Deutschland GmbH, Mitsubishi Chemical Group Corporation, Nan Ya Plastics Corporation, Norplex, Inc., Pexco LLC, Polymer Group Ltd., Quadrant Plastic Composites (Schweiz) AG, RS Group PLC, RTP Company, Röchling SE & Co. KG, SABIC, SambarkLFT Co., Ltd., SGL group, Inc., SKYi Composites Private Limited, Solvay SA, Sumitomo Bakelite Company Limited, TechnoCompound GmbH, Toray Industries, Inc., Victrex PLC, Westlake Corporation, Xiamen LFT composite plastic Co.,Ltd., and Zhejiang NetSun Co., Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Long Fiber Thermoplastics Market, by Resin
7. Long Fiber Thermoplastics Market, by Fiber
8. Long Fiber Thermoplastics Market, by Manufacturing Process
9. Long Fiber Thermoplastics Market, by End-Use Industry
10. Americas Long Fiber Thermoplastics Market
11. Asia-Pacific Long Fiber Thermoplastics Market
12. Europe, Middle East & Africa Long Fiber Thermoplastics Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Long Fiber Thermoplastics Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Long Fiber Thermoplastics Market?
3. What is the competitive strategic window for opportunities in the Long Fiber Thermoplastics Market?
4. What are the technology trends and regulatory frameworks in the Long Fiber Thermoplastics Market?
5. What is the market share of the leading vendors in the Long Fiber Thermoplastics Market?
6. What modes and strategic moves are considered suitable for entering the Long Fiber Thermoplastics Market?
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