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Global Long Fiber Thermoplastics Market 2018-2022

  • Published: May 2018
  • Pages: 117
  • SKU: IRTNTR21871
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The global long fiber thermoplastics (LFT) market size will grow by USD 2.04 billion during 2018-2022. This report offers an analysis of the market based on application (automotive, industrial goods, consumer goods, and others) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several companies including Celanese, LANXESS, PlastiComp, PolyOne, SABIC, and Solvay.

Below are some of the key findings from the long fiber thermoplastics market research report

Long Fiber Thermoplastics Market

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Global Long Fiber Thermoplastics Industry Overview

The high demand for long fiber thermoplastics from the automotive industry is identified as a key factor contributing to the growth of the global long fiber thermoplastics market. Long fiber thermoplastics (LFTs) are extensively used as replacements for conventional materials such as metal assemblies, die castings, and underperforming plastics in the automotive industry. They are lightweight and enhance the performance, dimensional stability, and strength of the automobile. They also improve resistance to corrosion and offer flexibility in designs. LFTs reduce the overall weight of an automobile and improve the fuel efficiency to meet the quality standards set by regulatory bodies. The reduced vehicle weight aids in saving energy by reducing brake and tire wear and emissions. LFTs are lightweight, environment-friendly alternatives to heavy metals and help in lowering the total material costs. The increasing number of automobiles and the consequent rise in the use of LFTs in the automotive industry will drive growth in the market.

Moreover, our market experts observed that hybrid LFTs offer high performance at low cost by blending carbon fibers with other fiber reinforcements such as glass fibers. It has been observed that the combination of glass and fiber reinforcements enhances performance and reduces the overall weight. The development of hybrid LFTs is identified as one of the key trends that will gain traction in the long fiber thermoplastics market until the end of 2022. Owing to such factors the long fiber thermoplastics market is expected to grow at a CAGR over 9% during 2018-2022.

Top long fiber thermoplastics companies covered in this market research report

Industry analysts observed that the long fiber thermoplastics market is moderately fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this long fiber thermoplastics industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

  • Celanese
  • LANXESS
  • PlastiComp
  • PolyOne
  • SABIC
  • Solvay

Long fiber thermoplastics market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

In terms of geography, the long fiber thermoplastic application market witnessed growth in EMEA and will continue to grow in the region throughout the projected period due to the presence of numerous automotive companies in the region, especially in Germany.

Long fiber thermoplastics market segmentation based on application

  • Automotive
  • Industrial goods
  • Consumer goods
  • Others

The automotive segment will account for the highest growth in the market. the automotive segment held the largest market share in 2017, accounting for nearly 45% of the market. The market share for this application is expected to increase by nearly 1% by 2022. Additionally, the report also provides an accurate prediction of the contribution of the various applications segments to the growth of the long fiber thermoplastics market size.

Key highlights of the global long fiber thermoplastics market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the long fiber thermoplastics market during the next five years
  • Precise estimation of the global long fiber thermoplastics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • Growth of the long fiber thermoplastics industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of long fiber thermoplastics companies

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PART 01:  EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by application
  • Comparison by application
  • Automotive – Market size and forecast 2017-2022
  • Industrial goods – Market size and forecast 2017-2022
  • Consumer goods – Market size and forecast 2017-2022
  • Others – Market size and forecast 2017-2022
  • Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • EMEA – Market size and forecast 2017-2022
  • Americas – Market size and forecast 2017-2022
  • APAC – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Development of hybrid LFTs
  • Rising popularity of bio-based and natural LFTs

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Celanese
  • LANXESS
  • PlastiComp
  • PolyOne
  • SABIC
  • Solvay

PART 15: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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