Press release
Global LFT-G for Automobile Market Analysis By Major Manufacturers and Competitive landscape 2024-2030
The global LFT-G for Automobile market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
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LFT-G are compounds that are obtained by impregnating continuous glass fiber rovings with thermoplastic resin, cooling then cutting it into rod-like pellets (generally 6-25 mm). These pellets are then injection molded into parts. The benefits of LFT-G include enhanced mechanical properties, improved fatigue performance and high impact performance.
LFT-G for Automobile Market Summary
According to the new market research report "LFT-G for Automobile - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global LFT-G for Automobile market size is projected to reach USD 0.15 billion by 2029, at a CAGR of 10.0% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of LFT-G for Automobile include Shanghai PRET Composites, Kingfa, Nan Ya Plastics (Formosa Plastics), Celanese, Lotte Chemical, Zhejiang NHU, Avient, Solvay, Daicel, BASF, etc. In 2022, the global top five players had a share approximately 42.0% in terms of revenue.
LFT-G for Automobile, Market Drivers and Restraint
Market Drivers:
D1: LFT-G has lower density and high strength, which helps to reduce vehicle weight, improve fuel efficiency, and reduce carbon emissions.
D2: LFT-G is reinforced with long fibers to provide excellent mechanical properties, including strength, stiffness and impact resistance, making it an ideal material to replace traditional metals.
D3: LFT-G materials can create complex shapes through injection molding and other processes, bringing greater freedom to automotive design and promoting innovation and performance optimization.
Restraint:
R1: Compared with traditional materials, the awareness and acceptance of LFT-G materials by the automobile manufacturing industry and consumers may be lower, affecting its widespread application.
R2: There may be certain technical difficulties in the recycling and reuse of LFT-G, which is contrary to the trend of the automotive industry pursuing sustainable development and circular economy.
R3: LFT-G may be subject to certain weather resistance and temperature range limitations under some special environmental conditions, which may limit its use in certain automotive applications.
R4: The production process of LFT-G is relatively complex and requires a high level of technical and equipment support, which may increase production costs and affect its large-scale application.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The LFT-G for Automobile market is segmented as below:
By Company
Shanghai PRET Composites
Kingfa
Nan Ya Plastics (Formosa Plastics)
Celanese
Lotte Chemical
Zhejiang NHU
Avient
Solvay
Daicel
BASF
SABIC
RTP Company
Kolon Plastics
Great Eastern Resins Industrial
Zhejiang Ason New Materials
Segment by Type
12mm
25mm
Segment by Application
Passenger Car
Commercial Vehicle
Each chapter of the report provides detailed information for readers to further understand the LFT-G for Automobile market:
Chapter 1: Introduces the report scope of the LFT-G for Automobile report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of LFT-G for Automobile manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various LFT-G for Automobile market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5: Sales, revenue of LFT-G for Automobile in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of LFT-G for Automobile in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth LFT-G for Automobile competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides LFT-G for Automobile comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides LFT-G for Automobile market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global LFT-G for Automobile Market Research Report 2024
LFT-G for Automobile - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global and United States LFT-G for Automobile Market Report & Forecast 2024-2030
Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
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E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
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JP: https://www.qyresearch.co.jp
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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