The global long fibre thermoplastics (LFT) market was expected to grow from USD 4.28 billion in 2019 to USD 8.72 billion by 2027, at a CAGR of 9.3% during the forecast period 2020-2027.
Long fibre thermoplastics are bulk shaping substances with significant mechanical exhibit properties such as stiffness, strength and toughness which are merged into a single element, thereby, creating a replacement to metals. These long fibre thermoplastics are connected fibre threads continuing on the length of the rock, with enhanced stiffness, strength and impact protection. The critical characteristics of long fibre thermoplastics are stiffness, strength, durability, weight reduction, system cost, corrosion resistance, dimensional solidity, heat resistance, thermal conductivity and functional performance.
Broad application in fabricating lightweight fundamental parts in automobiles, growing application of polyamide LFT in turbocharged motors and crash absorbers, form of augmented polypropylene in the building industry, increasing the effectiveness of LFTs in wind turbines & developing importance in aviation and electronics sector are some of the determinants of the global long fibre thermoplastic market.
Based on the fibre type, the global long fibre thermoplastics market has been segmented as long glass fibre thermoplastics and long carbon fibre thermoplastics. Long glass fibre thermoplastics market is projected to grow during the projection period on record of the accelerated requirement for glass fibres in automotive, electrical and electronics enterprise. Long carbon fibres are employed in applications, including aerospace and sporting goods that need high stiffness and high-performance outputs.
On the basis of application, the long fibre thermoplastics is segmented into automotive, electrical & electronics, sporting goods, and consumer goods. The automotive industry is forecasted to drive the large fibre thermoplastics market, in terms of revenue and volume, due to massive demand for lightweight materials and reduce greenhouse gas emissions. Additionally, growth in the automotive industry is expected to encourage the application of long fibre thermoplastics in modular forms, including front end modules, door modules, and underbody systems. Industrial goods being the second-largest market for LFT, are anticipated to undergo robust growth as the performance of the industrial products can be improved with the application of resins along with long fibre thermoplastics.
Asia Pacific, led by India, South Korea, and Japan long fibre thermoplastics market is predicted to capture the significant share of the global market. The product has practice in manufacturing of automotive interiors, hood components and under bumpers, thereby driving industry growth. Europe prompted by Italy, France, UK and Germany long fibre thermoplastics industry size may observe significant gains. Automobile industry in the European region has evolved very rapidly as it houses many big automobile manufacturing companies which has its sales globally. Long fibre thermoplastics market size may witness notable gains as carbon-reinforced thermoplastics are used in the manufacturing of automobiles to decrease rim weight of vehicles which will suggestively offer cars fuel-efficient. These determinants are likely to boost regional demand. Brazil in the North American region long fibre thermoplastics market size may observe steady growth in the projected timeframe due to mounting sanitization projects. Action by the administration has been taken to enhance sanitization of this region which in turn has improved construction of wastewater management systems which may increase the market demand owing to its low weight and sturdiness.
Some of the key players of the global long fibre thermoplastic market are JNC Corporation, Daicel Polymer Limited, Sumitomo Chemical Company Ltd, RTP Company, Celanese Corporation, PPG Industries, Inc., SABIC, CTC Plastics, LANXESS and Solvay.
The Study delivers comprehensive analysis of the following segments:
Global Long Fibre Thermoplastics (LFT) Market Analysis And Forecast, By Type
Global Long Fibre Thermoplastics (LFT) Market Analysis And Forecast, By Fibre Type
Global Long Fibre Thermoplastics (LFT) Market Analysis And Forecast, by Application
Global Long Fibre Thermoplastics (LFT) Market And Forecast, By Regional Analysis
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Fibre Type
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restrains
5.4. Challenges
5.5. Opportunities
6. Global Long Fibre Thermoplastics Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Polypropylene
6.3. Polyamide
6.4. Polybutylene
6.5. Terephthalate
7. Global Long Fibre Thermoplastics Market Analysis and Forecast, By Fibre Type
7.1. Segment Overview
7.2. Carbon Fibre
7.3. Glass Fibre
8. Global Long Fibre Thermoplastics Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Automotive
8.3. Consumer Goods
8.4. Industrial Goods
8.5. Sporting Goods
9. Global Long Fibre Thermoplastics Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Long Fibre Thermoplastics Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Long Fibre Thermoplastics Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. JNC Corporation
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Daicel Polymer Limited
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Sumitomo Chemical Company Ltd
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. RTP Company
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Celanese Corporation
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. PPG Industries, Inc.
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. SABIC
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. CTC Plastics
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. LANXESS
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Solvay
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
2. Global Polypropylene, Long Fibre Thermoplastics Market, By Region, 2017-2027 (USD Billion) (Tons)
3. Global Polyamide, Long Fibre Thermoplastics Market, By Region, 2017-2027 (USD Billion) (Tons)
4. Global Polybutylene, Long Fibre Thermoplastics Market, By Region, 2017-2027 (USD Billion) (Tons)
5. Global Terephthalate, Long Fibre Thermoplastics Market, By Region, 2017-2027 (USD Billion) (Tons)
6. Global Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
7. Global Glass Fibre, Long Fibre Thermoplastics Market, By Region, 2017-2027 (USD Billion) (Tons)
8. Global Carbon Fibre, Long Fibre Thermoplastics Market, By Region, 2017-2027 (USD Billion) (Tons)
9. Global Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
10. Global Automotive, Long Fibre Thermoplastics Market, By Region, 2017-2027 (USD Billion) (Tons)
11. Global Consumer Goods Long Fibre Thermoplastics Market, By Region, 2017-2027 (USD Billion) (Tons)
12. Global Industrial Goods Long Fibre Thermoplastics Market, By Region, 2017-2027 (USD Billion) (Tons)
13. Global Sporting Goods Long Fibre Thermoplastics Market, By Region, 2017-2027 (USD Billion) (Tons)
14. Global Long Fibre Thermoplastics Market, By Region, 2017-2027 (USD Billion) (Tons)
15. North America Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
16. North America Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
17. North America Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
18. U.S. Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
19. U.S. Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
20. U.S. Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
21. Canada Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
22. Canada Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
23. Canada Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
24. Mexico Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
25. Mexico Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
26. Mexico Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
27. Europe Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
28. Europe Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
29. Europe Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
30. Germany Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
31. Germany Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
32. Germany Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
33. France Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
34. France Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
35. France Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
36. U.K. Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
37. U.K. Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
38. U.K. Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
39. Italy Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
40. Italy Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
41. Italy Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
42. Spain Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
43. Spain Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
44. Spain Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
45. Asia Pacific Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
46. Asia Pacific Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
47. Asia Pacific Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
48. Japan Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
49. Japan Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
50. Japan Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
51. China Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
52. China Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
53. China Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
54. India Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
55. India Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
56. India Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
57. South America Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
58. South America Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
59. South America Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
60. Brazil Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
61. Brazil Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
62. Brazil Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
63. Middle East and Africa Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
64. Middle East and Africa Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
65. Middle East and Africa Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
66. UAE Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
67. UAE Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
68. UAE Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
69. South Africa Long Fibre Thermoplastics Market, By Type, 2017-2027 (USD Billion) (Tons)
70. South Africa Long Fibre Thermoplastics Market, By Fibre Type, 2017-2027 (USD Billion) (Tons)
71. South Africa Long Fibre Thermoplastics Market, By Application, 2017-2027 (USD Billion) (Tons)
List of Figures
1. Global Long Fibre Thermoplastics Market Segmentation
2. Global Long Fibre Thermoplastics Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Long Fibre Thermoplastics Market Attractiveness Analysis By Type
9. Global Long Fibre Thermoplastics Market Attractiveness Analysis By Fibre Type
10. Global Long Fibre Thermoplastics Market Attractiveness Analysis By Application
11. Global Long Fibre Thermoplastics Market Attractiveness Analysis By Region
12. Global Long Fibre Thermoplastics Market: Dynamics
13. Global Long Fibre Thermoplastics Market Share by Type (2020 & 2027)
14. Global Long Fibre Thermoplastics Market Share by Fibre Type (2020 & 2027)
15. Global Long Fibre Thermoplastics Market Share by Application (2020 & 2027)
16. Global Long Fibre Thermoplastics Market Share by Regions (2020 & 2027)
17. Global Long Fibre Thermoplastics Market Share by Company (2019)
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