Lucintel Anticipates Global Short Fiber Reinforced Thermoplastic Composites Industry to Reach $5.99 Billion by 2019

The global SFT industry is expected to reach an estimated value of $5.99 billion in 2019. The major drivers of the industry are increasing demand in electrical and electronics, consumer goods and automotive industry, improved weight and fuel savings, better technology and R&D efforts, and low maintenance. Asia and ROW are likely to dominate this industry during the forecast period.

Lucintel, a leading global management consulting and market research firm, has analyzed the global SFT industry, and has come up with a comprehensive research report “Global Short Fiber Reinforced Thermoplastic Composites Market 2014-2019: Trend, Forecast and Opportunity Analysis.” This report provides an analysis of the global SFT industry, including analysis of the market trends, the competitive landscape, emerging trends, and key drivers of industry growth. The study also includes global trends and forecasts for SFT through 2019, segmented by regions and market segments which are listed below.

SFT market by regions:

·         North America

·         Europe

·         Asia and Rest of World

SFT market by industry segments:

·         Automotive

·         Consumer  Goods

·         Electrical and Electronics

On the basis of its comprehensive research, Lucintel forecasts that SFT industry will grow moderately during 2014-2019. DuPont, SABIC, BASF, DSM, Rhodia, Lanxess are among the major suppliers of SFT. Regular innovation of products is very important for companies to sustain their successful position in the market.

This report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on this timely, insightful report and other composites materials market report and carbon fiber market report kindly click on http://www.lucintel.com/reports/chemical_composites/global_short_fiber_reinforced_thermoplastic_composites_market_2014_2019_trend_forecast_and_opportunity_analysis_december_2014.aspx or contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com . You can also contact us through Live Chat in its website to answer your questions in real time.

About Lucintel

Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive benchmarking & due diligence process, opportunity screening, strategic growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.