Long Fiber Thermoplastics Market to offer a healthy CAGR of 11.2% during 2020-25

Long Fiber Thermoplastics Market to offer a healthy CAGR of 11.2% during 2020-25

February 11, 2020

Long Fiber Thermoplastics Market Overview:

Long Fiber Thermoplastics Market is likely to witness an impressive CAGR of 11.2% during the forecast period. The market is driven by the high demand for long fiber thermoplastics from the automotive sector. They are employed in the manufacturing of lightweight automobile machineries to reduce inclusive weight and gain fuel efficiency to meet various standards.

Report Overview:

This new report from Stratview Research analyses the Long Fiber Thermoplastics Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.

The following are the key features of the report:

  • Strategic segmentation
  • Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Detailed Competitive Rivalry landscaping
  • Market trend and forecast analysis
  • Future Growth Boulevards  

Get a free sample of the report here:

https://www.stratviewresearch.com/Request-Sample/793/long-fiber-thermoplastics-market.html

Long Fiber Thermoplastics Market Segment Insights:

Application Type automotive, consumer goods and others

Based on the application type, the market is segmented as automotive, consumer goods, sporting goods, industrial goods, and others. Long fiber thermoplastics are progressively employed in the automotive sector to substitute traditional materials for enhanced presentation, design liberty, weathering resistance, and weight lessening.

Click below to run through the detailed ToC of the report:

https://www.stratviewresearch.com/toc/793/long-fiber-thermoplastics-market.html

Fiber Type: long glass fiber thermoplastic and long carbon fiber thermoplastic composites

Based on the fiber type, the market is segmented as long glass fiber thermoplastic and long carbon fiber thermoplastic composites. The long glass fiber thermoplastic segment is estimated to depict significant growth in the coming five years, as they are increasingly used in the automotive and consumer goods industries. On the other hand, long carbon fibers are widely used in applications, such as sporting goods and aerospace, as these applications demand elevated toughness.

A highly/moderately/fragment consolidated Market

Some of the major players in the long fiber thermoplastics market are SABIC, Celanese Corporation, PolyOne, Solvay SA, PlastiComp Inc., RTP Company, and Lanxess AG.

Region: Asia-Pacific is the largest market for Long Fiber Thermoplastics

In terms of regions, Europe was the largest market for long fiber thermoplastics in 2018. The region is estimated to maintain its dominance during the forecast period. The market is driven by the growing demand for long fiber thermoplastics from various end-use industries. Asia-Pacific and North America are also expected to offer sizeable growth opportunities in the coming five years.

Click here for other high value market reports from Stratview Research in the Advanced Material Industry: 

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About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. 

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Author : Emily

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