IRVING, Texas, Dec. 19, 2016 /PRNewswire/ -- According to a new market report published by Lucintel, the future of the short fiber thermoplastic (SFT) composites market looks attractive with opportunities in the transportation, consumer goods, and electrical/electronics industries. The global short fiber thermoplastics market is expected to reach an estimated $15.0 billion by 2021 and it is forecast to grow at a CAGR of 4.5% from 2016 to 2021.
This report has 175 figures/charts and 30 tables spread through 186 pages
Asia Pacific (including the Rest of the World) is expected to remain the largest market and is expected to witness highest growth rate during the forecast period due to the anticipated growth in the end user industries and increasing focus on high performance thermoplastic composites.
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Emerging trends in the global SFT market which have a direct impact on the dynamics of the industry are establishment of manufacturing facilities in high growth markets and integration of operational capabilities. BASF SE, DSM NV, DuPont, Saudi Basic Industries Corporation (SABIC), and LANXESS are among the major suppliers of SFT.
The study includes a forecast of the global short fiber reinforced thermoplastic composites market through 2021, segmented by end use application, reinforcement type, matrix type, and region as follows:
By end-use application [Volume (M lbs) and Value ($ Million) from 2010 to 2021]:
- Consumer Goods
- Electrical and Electronics
By reinforcement type [Volume (M lbs) and Value ($ Million) from 2010 to 2021]:
- Glass Fiber
- Carbon Fiber
By resin type [[Volume (M lbs) and Value ($ Million) from 2010 to 2021]:
- Polyamide (PA)
- Polypropylene (PP)
- Polybutylene Terephthalate (PBT)
This 175-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/toc/short_fiber_reinforced_thermoplastic_2016.aspx or firstname.lastname@example.org
Browse related report here http://www.lucintel.com/reports/composites_market_report.aspx
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
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