According to a market report by Lucintel, the future of the global short fiber thermoplastic market looks promising with opportunities in the transportation, consumer goods, and electrical and electronics end use industries. The global short fiber thermoplastic market is expected to reach an estimated $28 billion by 2035 with a CAGR of 3% from 2025 to 2035. The major drivers for growth in this market are increasing demand for lightweight materials in different application markets where complex parts are designed.
A more
than 150-page report to understand trends, opportunity and forecast in global short
fiber thermoplastic market to 2035 by end use industry (transportation,
consumer goods, electrical and electronics, and other end use industries),
reinforcement type (glass fiber and carbon fiber), resin type (polypropylene,
polyamide, polybutylene terephthalate, and other resin types), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that transportation will remain the largest end use industry over the
forecast period due to increasing demand for short fiber thermoplastics based
plastic products in automotive industry. Consumer goods is expected to witness
the highest growth over the forecast period.
Glass fiber
will remain the largest segment by value and volume over the forecast period
because it offers high tensile strength and provides outstanding electrical
properties. Carbon fiber is expected to witness highest growth rate over the
forecast period.
Download
sample by clicking on short
fiber thermoplastic market.
APAC is
expected to remain the largest region by value and volume and it is also
expected to witness highest growth over the forecast period due to growth in
end uses.
BASF,
DuPont, SABIC, Lanxess are the major suppliers in the short fiber thermoplastic 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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