According to a market report by Lucintel, the future of the global thermoplastic composite for the industrial market looks promising with opportunities in the pump component, plate and tube stock, enclosure, shipping pallet, and machinery shielding markets. The global thermoplastic composite for the industrial market is expected to grow with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increasing demand for lightweight and high-performance materials in industrial sectors, growing focus on sustainability and recyclability, and advancements in manufacturing technologies enhance efficiency and reduce production costs.
A more
than 150-page report to understand trends, opportunity and forecast in global thermoplastic
composite for the industrial market to 2030 by fiber type (glass fiber, carbon
fiber, and others), resin type (PP, PA,PBT, others, and), material type (SFT,
LFT, GMT, and CFT), application (pump components, plate and tube stock,
enclosures, shipping pallets, machinery shielding, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the fiber type category, glass fiber is expected to
witness the highest growth over the forecast period.
Within the
application category, pump component will remain the largest segment.
Download
sample by clicking on thermoplastic
composite for the industrial market.
In terms
of regions, APAC is expected to witness the highest growth over the forecast
period.
Qorvo,
Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo
Electric Industries, Win Semiconductors are the major suppliers in the thermoplastic composite for the
industria market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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