Long Glass Fiber Reinforced Polyamide Market Report: Trends, Forecast and Competitive Analysis to 2030
Long Glass Fiber Reinforced Polyamide Trends and Forecast
The future of the global long glass fiber reinforced polyamide market looks promising with opportunities in the automotive, electrical & electronic, consumer good & appliances, aerospace & defense, and industrial equipment & machinery markets. The global long glass fiber reinforced polyamide market is expected to reach an estimated $6.7 billion by 2030 with a CAGR of 8.8% from 2024 to 2030. The major drivers for this market are increasing demand from the automobile sector for lightweight and durable components, expanding application of long glass fiber reinforced polyamide in infrastructure and building projects, as well as, rising acceptance of long glass fiber-reinforced polyamide as an alternative to conventional materials.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Long Glass Fiber Reinforced Polyamide by Segment
The study includes a forecast for the global long glass fiber reinforced polyamide by product type, end use, and region.
Long Glass Fiber Reinforced Polyamide Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- LFT Pellets
- LFT Composites
Long Glass Fiber Reinforced Polyamide Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Automotive
- Electrical & Electronics
- Consumer Goods & Appliances
- Aerospace & Defense
- Industrial Equipment & Machinery
- Others
Long Glass Fiber Reinforced Polyamide Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Long Glass Fiber Reinforced Polyamide Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies long glass fiber reinforced polyamide companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the long glass fiber reinforced polyamide companies profiled in this report include-
- SABIC
- Celanese
- Daicel Polymer
- Lotte Chemical
- BASF
- Nippon Electric Glass
- RTP
Long Glass Fiber Reinforced Polyamide Market Insights
Lucintel forecasts that LFT pellets is expected to witness the highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period due to rising car production in South Korea, Japan, China, and India, along with the quick industrialization and rising foreign investment.
Features of the Global Long Glass Fiber Reinforced Polyamide Market
Market Size Estimates: Long glass fiber reinforced polyamide market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Long glass fiber reinforced polyamide market size by product type, end use, and region in terms of value ($B).
Regional Analysis: Long glass fiber reinforced polyamide market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, end use, and regions for the long glass fiber reinforced polyamide market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the long glass fiber reinforced polyamide market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the long glass fiber reinforced polyamide market size?
Answer: The global long glass fiber reinforced polyamide market is expected to reach an estimated $6.7 billion by 2030.
Q2. What is the growth forecast for long glass fiber reinforced polyamide market?
Answer: The global long glass fiber reinforced polyamide market is expected to grow with a CAGR of 8.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the long glass fiber reinforced polyamide market?
Answer: The major drivers for this market are increasing demand from the automobile sector for lightweight and durable components, expanding application of long glass fiber reinforced polyamide in infrastructure and building projects, as well as, rising acceptance of long glass fiber-reinforced polyamide as an alternative to conventional materials.
Q4. What are the major segments for long glass fiber reinforced polyamide market?
Answer: The future of the global long glass fiber reinforced polyamide market looks promising with opportunities in the automotive, electrical & electronic, consumer good & appliances, aerospace & defense, and industrial equipment & machinery markets.
Q5. Who are the key long glass fiber reinforced polyamide market companies?
Answer: Some of the key long glass fiber reinforced polyamide companies are as follows:
- SABIC
- Celanese
- Daicel Polymer
- Lotte Chemical
- BASF
- Nippon Electric Glass
- RTP
Q6. Which long glass fiber reinforced polyamide market segment will be the largest in future?
Answer: Lucintel forecasts that LFT pellets is expected to witness the highest growth over the forecast period.
Q7. In long glass fiber reinforced polyamide market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising car production in South Korea, Japan, China, and India, along with the quick industrialization and rising foreign investment.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the long glass fiber reinforced polyamide market by product type (LFT pellets and LFT composites), end use (automotive, electrical & electronics, consumer goods & appliances, aerospace & defense, industrial equipment & machinery, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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