Global Long Fiber Reinforced Thermoplastic Material Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Long Fiber Reinforced Thermoplastic Material Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Long Fiber Reinforced Thermoplastic Material market size was valued at USD 1061.9 million in 2023 and is forecast to a readjusted size of USD 1277.8 million by 2030 with a CAGR of 2.7% during review period.

Long-fiber-reinforced thermoplastic (LFRTs) is a type of easily mouldable thermoplastic used to create a variety of components used primarily in the automotive industry. LFRTs are one of the fastest growing categories in thermoplastic technologies. Leading this expansion is one of the oldest forms, glass mat thermoplastic (GMT) and two of the segment’s newest: precompounded (pelletized) LFRTs (long-fiber-reinforced thermoplastics), also known as LFTs, and inline compounded (ILC) or direct LFTs (D-LFTs).

In the past 20 years, car lightweighting gradually become the development trend of new cars because of the energy crisis and increasing price of oil. And People have turned their attention to the research and development of LFT low-density materials.

The Global Info Research report includes an overview of the development of the Long Fiber Reinforced Thermoplastic Material industry chain, the market status of Automotive (LFT-G, LFT-D), Non-Automotive (Military, Industrial, Aerospace) (LFT-G, LFT-D), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Long Fiber Reinforced Thermoplastic Material.

Regionally, the report analyzes the Long Fiber Reinforced Thermoplastic Material markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Long Fiber Reinforced Thermoplastic Material market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Long Fiber Reinforced Thermoplastic Material market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Long Fiber Reinforced Thermoplastic Material industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., LFT-G, LFT-D).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Long Fiber Reinforced Thermoplastic Material market.

Regional Analysis: The report involves examining the Long Fiber Reinforced Thermoplastic Material market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Long Fiber Reinforced Thermoplastic Material market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Long Fiber Reinforced Thermoplastic Material:

Company Analysis: Report covers individual Long Fiber Reinforced Thermoplastic Material manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Long Fiber Reinforced Thermoplastic Material This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Non-Automotive (Military, Industrial, Aerospace)).

Technology Analysis: Report covers specific technologies relevant to Long Fiber Reinforced Thermoplastic Material. It assesses the current state, advancements, and potential future developments in Long Fiber Reinforced Thermoplastic Material areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Long Fiber Reinforced Thermoplastic Material market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Long Fiber Reinforced Thermoplastic Material market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
LFT-G
LFT-D

Market segment by Application
Automotive
Non-Automotive (Military, Industrial, Aerospace)

Major players covered
LOTTE CHEMICAL
SABIC
JNC Corporation
RTP Company
Daicel Polymer Limited
Techno Compound
Nippon Electric Glass (PPG)
KINGFA
PlastiComp
Celanese

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Long Fiber Reinforced Thermoplastic Material product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Long Fiber Reinforced Thermoplastic Material, with price, sales, revenue and global market share of Long Fiber Reinforced Thermoplastic Material from 2019 to 2024.

Chapter 3, the Long Fiber Reinforced Thermoplastic Material competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Long Fiber Reinforced Thermoplastic Material breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Long Fiber Reinforced Thermoplastic Material market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Long Fiber Reinforced Thermoplastic Material.

Chapter 14 and 15, to describe Long Fiber Reinforced Thermoplastic Material sales channel, distributors, customers, research findings and conclusion.