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.
According to this study, over the next five years the Long Fiber Thermoplastics (LFT) market will register a 2.3% CAGR in terms of revenue, the global market size will reach US$ 1050 million by 2024, from US$ 910 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Long Fiber Thermoplastics (LFT) business, shared in Chapter 3.
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.
This study considers the Long Fiber Thermoplastics (LFT) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
LFT-G
LFT-D
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Non-Automotive (Military, Industrial, Aerospace)
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Celanese
SABIC
PlastiComp
JNC Corporation
RTP Company
LOTTE CHEMICAL
Daicel Polymer Limited
Techno Compound
PPG Fiber Glass
KINGFA
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Long Fiber Thermoplastics (LFT) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Long Fiber Thermoplastics (LFT) market by identifying its various subsegments.
Focuses on the key global Long Fiber Thermoplastics (LFT) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Long Fiber Thermoplastics (LFT) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Long Fiber Thermoplastics (LFT) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Long Fiber Thermoplastics (LFT) . Industry analysis & Market Report on Long Fiber Thermoplastics (LFT) is a syndicated market report, published as Global Long Fiber Thermoplastics (LFT) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Long Fiber Thermoplastics (LFT) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.