Market Research Report
Global Long-Fiber Thermoplastic Market 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||888726|
Delivery time: 2-3 business days
|Global Long-Fiber Thermoplastic Market 2019-2025|
|Published: July 9, 2019||Content info:||
Global Long-Fiber Thermoplastic Market Size, Share & Trends Analysis Report by Resin Type (Polypropylene, Polyamide, Polybutylene Terephthalate, and Others), by Application (Automotive, Consumer Goods, Sporting Goods, Industrial Goods, and Others) and Forecasts, 2019 - 2025
Long-fiber thermoplastics are composite materials that have been extensively used in a number of applications due their significant properties such as superior mechanical properties, significant processability, low density, recyclability, low cost, significant corrosion resistance, good vibration damping, and infinite shelf life. Various thermoplastic polymers have been used as long-fiber thermoplastic matrices, ranging from commodity polymers to high-performance engineering polymers. The thermoplastic polymers used in long-fiber thermoplastic include polypropylene, polyamide, high-density polyethylene (HDPE), polylactic acid (PLA), polybutylene terephthalate (PBT), and polyethylene terephthalate (PET), among others. The global long-fiber thermoplastic market is expected to expand at a significant rate over the forecast period.
Long-fiber thermoplastics are widely used in the automotive industry owing to their stiffness and robustness. The growth of the market is primarily driven by surging automotive industry across the globe. The US, China, Germany, UK, Japan, India, France, and South Korea are the major market of the automotive and so expected to have a significant market of long-fiber thermoplastic. As per the International Organization of Motor Vehicle Manufacturers, around 97 million vehicles were sold in 2017 as compared to 94 million in 2016 globally. China is one of the major markets for automotive with a sale of about 29 million vehicles in 2017. Thereby, leading to market growth over the forecast period.
The report analyzes the market on the basis of resin type, application, and region. Geographically, the market has been analyzed into North America, Europe, Asia-Pacific, and Rest of the World. Furthermore, the global long-fiber thermoplastic market is further influenced by the presence of market players. Some of the players operating in the market include Celanese Corp., PolyOne Corp., RTP Co. Inc., BASF SE, and Lanxess AG. These market players are contributing to the market by adopting various market approaches including product launch & approvals, merger and acquisition, partnerships and collaborations, and others for gaining a strong position in the market.
The market study of the global long-fiber thermoplastic market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for market research firms, investment companies, automotive companies, building & construction sector, consumer goods companies, sports goods manufacturing companies, government societies for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
ASIA-PACIFIC LONG-FIBER THERMOPLASTIC MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)