Global Short Fiber Reinforced Thermoplastic Composite Market Growth 2023-2029

Global Short Fiber Reinforced Thermoplastic Composite Market Growth 2023-2029

Product Code:457269

Published Date: Feb 08,2023

Pages: 114

Region: Global

Category: Chemical & Material

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Short fiber reinforced thermoplastic composite is a composite material made of a thermoplastic resin reinforced with short fibers. A thermoplastic plastic is a polymer that becomes pliable or moldable above a specific temperature and solidifies upon cooling. Fiber reinforcement in thermoplastic has three basic forms: short fiber, long fiber, and short fiber. The fibers are usually glass, carbon, and aramid. The thermoplastic resin is usually PA, PP, and PBT. Short fiber reinforced thermoplastic composite are commonly used in Aerospace/Aviation/Aviation, automotive, marine, consumer goods, electrical and electronics.

LPI (LP Information)' newest research report, the “Short Fiber Reinforced Thermoplastic Composite Industry Forecast” looks at past sales and reviews total world Short Fiber Reinforced Thermoplastic Composite sales in 2022, providing a comprehensive analysis by region and market sector of projected Short Fiber Reinforced Thermoplastic Composite sales for 2023 through 2029. With Short Fiber Reinforced Thermoplastic Composite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Short Fiber Reinforced Thermoplastic Composite industry.

This Insight Report provides a comprehensive analysis of the global Short Fiber Reinforced Thermoplastic Composite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Short Fiber Reinforced Thermoplastic Composite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Short Fiber Reinforced Thermoplastic Composite market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Short Fiber Reinforced Thermoplastic Composite and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Short Fiber Reinforced Thermoplastic Composite.

The global Short Fiber Reinforced Thermoplastic Composite market size is projected to grow from US$ 1213.4 million in 2022 to US$ 1401 million in 2029; it is expected to grow at a CAGR of 1401 from 2023 to 2029.

Global Short Fiber Reinforced Thermoplastic Composite key players include BASF, DowDuPont, SABIC, DSM, Rhodia etc. Global top five manufacturers hold a share over 35%. 
Europe is the largest market, with a share over 35%, followed by North America and China, both have a share over 60% percent. 
In terms of product, Glass Fiber Type is the largest segment, with a share over 60%. And in terms of application, the largest application is Automotive followed by Aerospace/Aviation.

This report presents a comprehensive overview, market shares, and growth opportunities of Short Fiber Reinforced Thermoplastic Composite market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Glass Fiber
    Carbon Fiber
    Others

Segmentation by application
    Automotive
    Aerospace/Aviation
    Electrical and Electronics
    Consumer Goods
    Other

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    BASF
    DuPont
    SABIC
    DSM
    Rhodia
    Lanxess
    PolyOne
    Xenia
    Johns Manville
    SGL
    RTP
    Toray
    Kingfa Science and Technology
    Shanghai PRET Composites
    Genius

Key Questions Addressed in this Report
What is the 10-year outlook for the global Short Fiber Reinforced Thermoplastic Composite market?
What factors are driving Short Fiber Reinforced Thermoplastic Composite market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Short Fiber Reinforced Thermoplastic Composite market opportunities vary by end market size?
How does Short Fiber Reinforced Thermoplastic Composite break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?