Long Fiber Thermoplastics (LFT) Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Long Fiber Thermoplastics (LFT) market including various factors related to and dependent influencing the market growth.
Long Fiber Thermoplastics (LFT) is a type of easily mouldable thermoplastic used to create a variety of components used primarily in the automotive industry.
Using LFT reinforcements in the thermoplastic composite process enables molders to produce structural and semi-structural parts, compounding the fiber glass in line with injection or compression molding techniques.
LFT\'s development and application in China are relatively later than other countries, but it develops very fast. In China, materials of LFT are very rich, and the technique of LFT is becoming more and more mature, all these reasons result that LFT has a very large market in China.
The manufacturing cost of LFT is liable to be influenced by the raw materials, and the price of raw materials tends to decrease in these years. Raw materials of LFT mainly include substrate materials and reinforced materials. Among substrate materials, the most widely-used substrate is polypropylene, next is polyamide. Both of them have mature techniques, and also they have many manufactures, such as BASF, DOW Chemical and so on. As one of the best reinforced materials, Fiberglass has a high requirement on the manufacturing process, so the number of its manufactures is very few, and Jushi Group can be the most representative manufacture.
At present, the common products of LFT are mainly LFT-G and LFT-D, and the finished LFT-G is grain-like, while LFT-D is processed by direct injection moulding. The main equipments used are single screw extruder, twin-screw extruder, and injection moulding machine. Now all over the world, most of LFT companies introduced automatic production lines, but the machinery makers possessing these technologies are very few, they are mainly Fujian Haiyuan Automatic Equipments, Dieffenbacher, CPI, KraussMaffei Group.
Global Long Fiber Thermoplastics (LFT) market size will increase to 1000 Million US$ by 2030, from 910 Million US$ in 2020, at a CAGR of 1.2% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Long Fiber Thermoplastics (LFT).
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Long Fiber Thermoplastics (LFT) market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Long Fiber Thermoplastics (LFT) market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Long Fiber Thermoplastics (LFT) market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Long Fiber Thermoplastics (LFT) Market:
The major competitors working in the market are:
, Celanese, SABIC, PlastiComp, JNC Corporation, RTP Company, LOTTE CHEMICAL, Daicel Polymer Limited, Techno Compound, PPG Fiber Glass, KINGFA
Market by Order Type
LFT-G
LFT-D
Long Fiber Thermoplastics (LFT) Data by Application
Automotive
Non-Automotive (Military, Industrial, Aerospace)
Long Fiber Thermoplastics (LFT) Production Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Long Fiber Thermoplastics (LFT) market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Long Fiber Thermoplastics (LFT) Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Long Fiber Thermoplastics (LFT) market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Long Fiber Thermoplastics (LFT) market size and their forecasts
- To provide strategic profiles of the key players operating in the Long Fiber Thermoplastics (LFT) market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Long Fiber Thermoplastics (LFT) market
Target Audiences for Long Fiber Thermoplastics (LFT) Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
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