BESTSELLER

Long-fiber Thermoplastics Market - Growth, Trends, and Forecast (2020 - 2025)

The Long-fiber Thermoplastics Market is segmented by Resin Type (Polypropylene, Polyamide, Polybutylene Terephthalate, and Other Resin Types), End-user Industry (Automotive, Aerospace, Electrical and Electronics, Buildings and Construction, Sporting Equipment, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Long-fiber Thermoplastics Market Snapshot

Study Period:

2016-2025

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

Europe

CAGR:

6 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The long-fiber thermoplastics market is expected to register a CAGR over 6%, during the forecast period. The major factor driving the growth of the market studied is increase in the demand for fuel-efficient transport vehicles.

  • However, technically advanced and expensive forming processact as hurdle to the market studied.
  • Growing usage in the Asia-Pacific region is projected to act as an opportunity for the market, in the future.

Scope of the Report

The long-fiber thermoplastics market report includes:

Resin Type
Polypropylene
Polyamide
Polybutylene Terephthalate
Other Resin Types
End-user Industry
Automotive
Aerospace
Electrical & Electronics
Buildings & Construction
Sporting Equipment
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Demand for Long-fiber Thermoplastics in Automotive Production

  • Long-fiber thermoplastics have gained popularity among thermoplastics matrix composites, mainly due to significant technological developments in the automotive industries.
  • Long-fiber thermoplastics are used in the automotive industry, in order to reduce the overall weight of an automobile and gain fuel efficiency, to meet various regulations by EPA and other government authorities.
  • Long-fiber thermoplastics are used in both interior and exterior applications. The most common applications include powertrain, under-hood, and body components, such as upper front end, service panel, and battery cooling box, door module, wheel cover, latch bracket, sun roof components, seat handle, seat back, and air inlet components, among others.
  • Furthermore, long-fiber thermoplastics provide high strength, freedom of design, and have dimensional stability. Thereby, they have gradually become an integral part of the automotive industry.
  • With long-fiber thermoplastics expected to replace conventional materials in the aforementioned industry, its usage is expected to grow in the coming years. Moreover, the rising demand for automobiles is estimated to positively impact the demand for long-fiber thermoplastics, during the forecast period.

To understand key trends, Download Sample Report

Asia-Pacific Region to Experience Healthy Growth

  • Asia-Pacific has been projected to experience healthy growth in the long-fiber thermoplastics market, owing to major developing nations, such as China, India, and the ASEAN countries.
  • China is one of the largest producers and consumers of long-fiber thermoplastics in the region. In China, the consumption of long-fiber thermoplastics had increased drastically in the recent past, due to growing population, increasing urbanization, and substitution of many metals by suitable long-fiber thermoplastics in variable applications.
  • The long-fiber thermoplastics are used to manufacture various products employed in the packaging, automotive, and many other sectors. The demand for long-fiber thermoplastics is increasing from various end-user sectors, including electrical and electronics, aerospace, automotive, buildings and construction, sporting equipment, and others.
  • The abundant availability of raw materials and low cost of production are estimated to drive the demand for long-fiber thermoplastics in the Asia-Pacific region, during the forecast period.

To understand geography trends, Download Sample Report.

Competitive Landscape

The long-fiber thermoplastics market is partially fragmented. Key players in the market include Celanese Corporation, PolyOne Corporation, RTP Company, Solay, and LANXESS, amongst others.

You can also purchase parts of this report. Do you want to check out a section wise price list?

Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increase in Defense Spending by Many Countries

      2. 4.1.2 Increase in Demand for Fuel-efficient Transport Vehicles

    2. 4.2 Restraints

      1. 4.2.1 Technically Advanced and Expensive Forming Process

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Resin Type

      1. 5.1.1 Polypropylene

      2. 5.1.2 Polyamide

      3. 5.1.3 Polybutylene Terephthalate

      4. 5.1.4 Other Resin Types

    2. 5.2 End-user Industry

      1. 5.2.1 Automotive

      2. 5.2.2 Aerospace

      3. 5.2.3 Electrical & Electronics

      4. 5.2.4 Buildings & Construction

      5. 5.2.5 Sporting Equipment

      6. 5.2.6 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 France

        4. 5.3.3.4 Italy

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Asahi Kasei Corporation

      2. 6.4.2 BASF SE

      3. 6.4.3 Celanese Corporation

      4. 6.4.4 Daicel corporation

      5. 6.4.5 GS Caltex Corporation

      6. 6.4.6 LANXESS

      7. 6.4.7 Mitsui Chemicals Inc.

      8. 6.4.8 PolyOne Corporation

      9. 6.4.9 Polyram Plastic Industries LTD

      10. 6.4.10 RTP Company

      11. 6.4.11 SABIC

      12. 6.4.12 SGL Carbon

      13. 6.4.13 RTP Company

      14. 6.4.14 Solvay

      15. 6.4.15 Sumitomo Bakelite Co. Ltd (SBHPP)

      16. 6.4.16 Sumitomo Chemical Co. Ltd

      17. 6.4.17 TechnoCompound GmbH (Polymer Group)

      18. 6.4.18 TORAY INDUSTRIES INC.

      19. 6.4.19 Xiamen LFT Composite Plastic Co. Ltd

  7. *List Not Exhaustive
  8. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Growing Usage in the Asia-Pacific Region

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Related Reports