Short fiber reinforced thermoplastic composite is a composite material made of a thermoplastic resin reinforced with short fibers. A thermoplastic plastic is a polymer that becomes pliable or moldable above a specific temperature and solidifies upon cooling. Fiber reinforcement in thermoplastic has three basic forms: short fiber, long fiber, and short fiber. The fibers are usually glass, carbon, and aramid. The thermoplastic resin is usually PA, PP, and PBT. Short fiber reinforced thermoplastic composite are commonly used in Aerospace/Aviation/Aviation, automotive, marine, consumer goods, electrical and electronics.
In terms of volume, the production of Short Fiber Reinforced Thermoplastic Composite was about 5356 K MT in 2016. And it is anticipated to reach 7501 K MT by 2022.
Europe is the dominate producer of Short Fiber Reinforced Thermoplastic Composite, the production was 1835 K MT in 2016, accounting for about 34.26% of the total amount, followed by North America, with the production market share of 29.95%. China has the highest production growth rate of 8.28% from 2012 to 2016. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved.
Leading players in Short Fiber Reinforced Thermoplastic Composite industry are BASF, Dupont, SABIC, Rhodia. BASF is the largest manufacturer, with the production market share of 9.17% in 2016. The top four companies occupied about 30.88% production share of the market in 2016.
Automotive accounted for the largest market with about 32.71% of the global consumption volume for Short Fiber Reinforced Thermoplastic Composite in 2016. Moreover, it is anticipated to grow at a CAGR of 5.83% from 2017 to 2022. With over 24.84% share in the Short Fiber Reinforced Thermoplastic Composite market, Aerospace/Aviation was the second largest application market in 2016, and is anticipated to grow at a CAGR of 5.88%, in terms of consumption volume, from 2017 to 2022.
Under the influence of raw material, market competitions and economic conditions, the price of Short Fiber Reinforced Thermoplastic Composite was lower year by year from 2439 $/MT in 2012 to 2095 $/MT in 2016. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing.
The global Short Fiber Reinforced Thermoplastic Composite market is valued at 1140 million US$ in 2018 is expected to reach 1340 million US$ by the end of 2025, growing at a CAGR of 2.0% during 2019-2025.
This report focuses on Short Fiber Reinforced Thermoplastic Composite volume and value at global level, regional level and company level. From a global perspective, this report represents overall Short Fiber Reinforced Thermoplastic Composite market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
BASF
Dupont
SABIC
DSM
Rhodia
Lanxess
PolyOne
Xenia
Johns Manville
SGL Group
RTP
Toray
Kingfa Science and Technology
Shanghai PRET Composites
Genius
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Glass Fiber
Carbon Fiber
Others
Segment by Application
Automotive
Aerospace/Aviation
Electrical and Electronics
Consumer Goods
Other
Summary:
Get latest Market Research Reports on Short Fiber Reinforced Thermoplastic Composite . Industry analysis & Market Report on Short Fiber Reinforced Thermoplastic Composite is a syndicated market report, published as Global Short Fiber Reinforced Thermoplastic Composite Market Research Report 2019. It is complete Research Study and Industry Analysis of Short Fiber Reinforced Thermoplastic Composite market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.