 
Worldwide
LFRT Competitive Analysis and Leadership
Study 2008
Publication
date: September 2008, Total 136 pages, 60 figures/charts and
10 tables.
Long fiber
reinforced thermoplastic composites (LFRTs)
are one of the most dynamic and fastest
growing materials in the plastics industry
today. Although the materials have been
around for several decades, advances in
technology and increased acceptance in the
automotive market have been the major
driving forces for their rapid growth. LFRT
competes with a wide range of materials,
including short fiber reinforced engineering
plastic, glass mat thermoplastic (GMT),
sheet molding compound/ bulk molding
compound (SMC/BMC), D-LFT and metals. This
broad competitive arena will result in new
applications and markets fueling continued
growth.
Low cost producers will win most
of the volume growth. This is inevitable
with production overcapacity, high growth
rates, automotive volume influence and savvy
negotiations by buyers with knowledge of the
benefits of LFT. Niche suppliers will seek
margins in product differentiation. Not
surprisingly, this current environment has
attracted considerable attention from the
investment community as well as potential
customers interested in alternative
materials. The LFT market is shifting from a
seller “push” to a buyer “pull” situation.
LFT is no longer an emerging technology, but
neither is it mature. It is showing some
elements of commoditization, however.
Automotive end users, as well as Tier 1
suppliers are well aware of the benefits of
LFT. Materials suppliers are repositioning
their companies by developing innovative
product marketing strategies. LFT suppliers
are opening up manufacturing plants in high
growth markets – China, Korea. For example,
Ticona and RTP recently started domestic
productions of LFT materials in China and
SABIC opened up a plant in Korea.
The world's leading LFRT
producers are also closely monitoring
competitive activities in an attempt to
navigate the landscape more adeptly and to
capture as much share as possible. In
virtually every respect, these producers are
seeking to establish a tangible competitive
advantage in the marketplace through the
implementation of innovative strategies and
creative product development capabilities.
Lucintel's Leadership Quadrant considers a
variety of critical factors – from
management effectiveness to product range to
market strength to financial strength– and
then ranks each firm accordingly on the grid
for quick comparison. This report answers
following key questions:
-
What are the market shares of LFRT
suppliers in automotive, industrial
goods and consumer goods market?
-
Who are the market leaders in various
regions and what are their market
shares?
-
Which companies are more aligned with
market opportunities and which companies
have more ability to gain market share?
-
What are the key differentiators for
major LFRT suppliers?
-
Which company has the widest product
range and how the product mapping looks
among various players?
-
Which companies will gain market share
and who will lose market shares in
future?
The dynamics of the LFRT industry extends
beyond routine macro-economic elements of
supply and demand. It is the relationship
between buyer's needs and seller's
capabilities as well as the macroeconomic
forces at work that affect the market. It is
how well and how efficiently the sellers
meet the needs of the buyers that determine
long-term success.
In Lucintel's newest competitive research
study on the world's leading LFRT producers,
“Worldwide LFRT Competitive Analysis and
Leadership Study 2008”, we thoroughly
profile the following seven companies
with detailed competitive assessments of the
following organizations:
-
SABIC Europe BV
-
SABIC IP
-
Ticona
-
RTP
-
TechnoCompound
-
FACT
-
Chisso
The
detailed analysis of each company offers a
critical view into key strategic areas,
including:
-
LFRT producer target markets
-
Key differentiators, strengths,
competitors
-
Product line overview, positioning, and
mapping
-
Market position in global LFRT business
-
Revenue breakdown by market segments and
regions
-
Global manufacturing operations
-
Innovation and market leadership
-
Marketing, sales, and organizational
capabilities
-
Management commitment and track record
-
Financial strength
Collected from a series of primary vendor
interviews and secondary sources, Lucintel
also provides its own scorecard for
determining which of these companies is
better aligned with future market
opportunities and which has the ability to
gain additional market share.
Using its proprietary research methodology,
Lucintel developed a comparative analysis
named the Lucintel Leadership Quadrant which
identifies leaders and challengers in the
LFRT industry. Leadership closely examined
and rated each LFRT maker on two primary
criteria as shown below:
1. Alignment with market opportunity
2. Ability to gain market share
Over
the past 12 months, the level of demand for
carbon fiber and
carbon fiber reinforced composites has
steadily increased in striking parallel with
the number of industrial applications using
composite materials. From aerospace, to
sporting goods, to wind energy, carbon fiber
is rapidly gaining acceptance as an
alternative material to metals, wood and
plastics and is becoming more widely
recognized for its high-performance
characteristics.
Yet,
for those firms that produce carbon fiber
and carbon fiber reinforced composites, many
of these companies are approaching market
opportunities with starkly different
strategies. In a major new research report, Worldwide
Carbon Fiber Competitive Analysis and
Leadership Study 2007,
Lucintel's analysts examine and profile
seven of the world's leading carbon fiber
producers – a full competitive analysis
from target markets, to product mapping, to
selling strategy, to production
capabilities. Leadership
closely examined and rated each carbon fiber
maker on two primary criteria as shown
below:
1.
Alignment with market opportunity
2.
Ability to gain market share

Ability to gain market share was analyzed
using following parameters:
-
Product portfolio
-
Financial strength
-
Asset position
-
Execution skill
-
Customer experience
Alignment with market opportunity was
analyzed using following parameters:
In addition to the Lucintel Leadership
Quadrant, this comprehensive research report
also offers for consumers of LFRT as well as
the investment community content-rich
comparative analyses detailing which
producers have the production capacity,
service capabilities and vision to deliver
fully on its promises.
For detailed table of content and
pricing information for US customers on this report, please e-mail Helpdesk@Lucintel.com
or call 972-636-5056
For UK customers please e-mail
saleseurope@Lucintel.com
or call +44 20 7558 8798

For Denmark
customers please e-mail
saleseurope@Lucintel.com
or call +45 36 93 49 98

For Hong Kong
customers please e-mail
salesapac@Lucintel.com
or call +852 8199 0548

For Australian
customers please e-mail
salesapac@Lucintel.com
or call +61 2 8011 4771

For Indian
customers please e-mail
helpdesk@Lucintel.com
or call +91.11.46563542, +91.9810808213 in
New Delhi, +91-771-4059008 +91.771.4024552
in Raipur.

Lucintel
is a
Dallas
,
Texas
(
USA
) based global market intelligence and
business consulting firm that has been
delivering results of significant value and
long term growth for last 9 years. We
analyze and predict market and technology
trends so that our clients can make
strategic and fact-based decisions. We
provide insights, competitive analyses and
forecasts for the various industries such as
automotive, aerospace, wind energy, boat,
construction, sporting goods and other.
Lucintel has an extensive background in
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of the composites industry that support
executive decision making. Lucintel's
customers include many small to Fortune 500
companies such as 3M, AT Kearney, AOC, ACG,
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