Global Thermoplastic Composites Market Expected to reach $ 6.2 Billion in 2014: Transportation remains largest market ahead of Consumer Goods Market

Dallas - July 21, 2009 - The Global Thermoplastic Composites (TPC) market has experienced significant growth during last 5 years and is expected to reach $6.2 Billion in 2014 with a global growth rate of 5.9% in volume shipment for the next five years.

Lucintel, a leading global management consulting and market research firm with over 1000 clients worldwide has analyzed thermoplastic composites market to develop a comprehensive research report entitled "Opportunities in Global Thermoplastic Composites Market 2009-2014: Trends, Forecasts and Opportunity Analysis".

As per the study, contributing factors for the rise of growth during last 5 years were LFT applications. Transportation is the largest market for TPC ahead of Consumer Goods market. According to Lucintel Analyst Abhishek Nannore, "To gain competitive advantage in this segment, materials suppliers have to focus on growth opportunities through new applications, competence in process development and a customer oriented and innovation driven growth strategy. To achieve greater market penetration, thermoplastic composites suppliers must rationalize prices, enhance performance, productivity & ease of processing and improve recycling of thermoplastic composites."

This detailed research report contains Industry Background and Characteristics, TPC Market Competitive Analysis, TPC Market Trends and Forecast, Growth Opportunities for TPC and many other elements, all of which can help you make confident business decisions in this globally competitive and growing marketplace. All four forms of thermoplastic materials such as LFT, SFT, GMT and CFRT are detailed in this report.

For a detailed table of contents and pricing information on this timely and insightful report, please contact helpdesk at +1-972-636-5056 or via email at helpdesk@lucintel.com Lucintel provides cutting edge decision support services that help you make critical decisions with greater speed, insight and cost-efficiency. To find out more, please visit www.lucintel.com.