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 $/MT in 2016. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing.
Global Short Fiber Reinforced Thermoplastic Composite market size will increase to 1340 Million US$ by 2025, from 1140 Million US$ in 2018, at a CAGR of 2.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Short Fiber Reinforced Thermoplastic Composite.
This report researches the worldwide Short Fiber Reinforced Thermoplastic Composite market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Short Fiber Reinforced Thermoplastic Composite breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
BASF
Dupont
SABIC
DSM
Rhodia
Lanxess
PolyOne
Xenia
Johns Manville
SGL Group
RTP
Toray
Kingfa Science and Technology
Shanghai PRET Composites
Genius
Short Fiber Reinforced Thermoplastic Composite Breakdown Data by Type
Glass Fiber
Carbon Fiber
Others
Short Fiber Reinforced Thermoplastic Composite Breakdown Data by Application
Automotive
Aerospace/Aviation
Electrical and Electronics
Consumer Goods
Other
Short Fiber Reinforced Thermoplastic Composite Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Short Fiber Reinforced Thermoplastic Composite Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Short Fiber Reinforced Thermoplastic Composite capacity, production, value, consumption, status and forecast;
To focus on the key Short Fiber Reinforced Thermoplastic Composite manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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.
In this study, the years considered to estimate the market size of Short Fiber Reinforced Thermoplastic Composite :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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 Insights, Forecast to 2025. 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.