Global Long Fiber Thermoplastics (LFT) Market Growth 2023-2029

Global Long Fiber Thermoplastics (LFT) Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Long Fiber Thermoplastics (LFT) Industry Forecast” looks at past sales and reviews total world Long Fiber Thermoplastics (LFT) sales in 2022, providing a comprehensive analysis by region and market sector of projected Long Fiber Thermoplastics (LFT) sales for 2023 through 2029. With Long Fiber Thermoplastics (LFT) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Long Fiber Thermoplastics (LFT) industry.
This Insight Report provides a comprehensive analysis of the global Long Fiber Thermoplastics (LFT) 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 Long Fiber Thermoplastics (LFT) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Long Fiber Thermoplastics (LFT) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Long Fiber Thermoplastics (LFT) 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 Long Fiber Thermoplastics (LFT).
The global Long Fiber Thermoplastics (LFT) market size is projected to grow from US$ 1009.6 million in 2022 to US$ 1233.6 million in 2029; it is expected to grow at a CAGR of 1233.6 from 2023 to 2029.
Global Long Fiber Thermoplastics (LFT) key players include Celanese, LOTTE CHEMICAL, SABIC, JNC Corporation, RTP Company, etc. Global top five manufacturers hold a share about 55%. Europe is the largest market, with a share about 30%, followed by China, with a share about 20 percent. In terms of product, LFT-D is the largest segment, with a share about 70%. And in terms of application, the largest application is Automotive, followed by Non-Automotive (Military, Industrial, Aerospace).
This report presents a comprehensive overview, market shares, and growth opportunities of Long Fiber Thermoplastics (LFT) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
LFT-G
LFT-D
Segmentation by application
Automotive
Non-Automotive (Military, Industrial, Aerospace)
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.
LOTTE CHEMICAL
SABIC
JNC Corporation
RTP Company
Daicel Polymer Limited
Techno Compound
Nippon Electric Glass (PPG)
KINGFA
PlastiComp
Key Questions Addressed in this Report
What is the 10-year outlook for the global Long Fiber Thermoplastics (LFT) market?
What factors are driving Long Fiber Thermoplastics (LFT) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Long Fiber Thermoplastics (LFT) market opportunities vary by end market size?
How does Long Fiber Thermoplastics (LFT) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.