ALL >> Business >> View Article
Lucintel Forecasts Long Fiber Thermoplastics Market To Reach $1,180 Million By 2030

According to the recent study the long fiber thermoplastics market is projected to reach an estimated $1,180 million by 2030 from $949 million in 2023 at a CAGR of 3% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for lightweight parts with high performance benefits in the automotive industry helped to boost the global demand for long fiber thermoplastics.
Browse 107 figures/charts and 68 tables in this 205-page report to understand trends, opportunities and forecast in long fiber thermoplastics market by end use (automotive, consumer goods, industrial goods, and others), material forms (LFRT and D-LFT), fiber type (glass fiber, carbon fiber and others), resin type (polypropylene, polyamide, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that automotive industry will remain the largest end use and it is also expected to witness highest growth over the forecast period due to increasing demand for long fiber thermoplastics based plastic products in automotive end use.
LFRT will remain the largest segment by material ...
... form both in terms of value and volume because it offers greater design flexibility and provides better resistance to chemicals and corrosion. LFRT is also expected to witness the highest growth over the forecast period.
Download sample by clicking on long fiber thermoplastics market.
Europe is expected to remain the largest region by value and volume and ROW is expected to experience the highest growth over the forecast period due to growth in end uses.
SABIC, RTP Company, Cytec Solvay Group, JNC Corporation, Borealis AG, TechnoCompound, Sambark LFT Inc., Xiamen LFT Composites, Avient, and Celanese Corporation are among the major long fiber thermoplastics providers.
This unique 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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Hydrogen Rail Vehicle Market
Hydrogen Storage Material Market
Merchant Hydrogen Market
SSD Main Control Chip Market
Turquoise Hydrogen Market
Acid Blue 40 Market
Add Comment
Business Articles
1. Lucintel Forecasts The Global Wall-mounted Ac Ev Charger Market To Grow With A Cagr Of 22.4% From 2025 To 2031Author: Lucintel LLC
2. Technology Landscape, Trends And Opportunities In Global 3d Printing Photopolymer Market
Author: Lucintel LLC
3. Lucintel Forecasts The Global Smart Home Market To Reach $372 Billion By 2030
Author: Lucintel LLC
4. Second Marriage Matrimonial – Verified Matches & Free Registration
Author: Truelymarry
5. Core: Leading The Way In Managed It Services For Businesses Across London
Author: IT Management
6. The Role And Function Of A Collection Agency
Author: Bennett Carter
7. Understanding Debt Collection Agencies: What They Do And How They Affect Consumers
Author: Bennett Carter
8. How To Use An Smm Panel Effectively For Fast Social Media Growth
Author: Smm Panel
9. Essential Tips For Beginners And The Power Of Professional Editing
Author: Sam
10. How To Improve Field Staff Efficiency With Geolocation Tools
Author: TrackHr App
11. Building An Effective Energy Management System
Author: Jane
12. Internal Auditor Training: The Key To Effective Risk Management And Compliance
Author: Sqccertification
13. Why Accurate Accounting In Property Management Is The Key To Higher Roi
Author: Harsh Vardhan
14. Kaal Sarp Puja In Trimbakeshwar – Benefits, Process & Trusted Pandit Contact
Author: Pandit Milind Guruji
15. Data Entry Vs. Data Processing: What’s The Difference And Why It Matters
Author: Allianze BPO