According to a new country report published by Lucintel, the future of the short fiber reinforced thermoplastics market in the United States looks promising with opportunities in transportation, consumer goods, and electrical/electronics industries. The short fiber reinforced thermoplastics market in the United States is primarily driven by growing demand for lightweight materials as well as recyclability, ease of processing, and better capability of making parts with complex geometry.
This report studies factors affecting the short fiber reinforced thermoplastics market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that transportation will remain the largest end use industry by value and volume due to the wide application of SFT as it offers higher strength to weight ratio, recyclability, and have ability to mold complex shapes. Within the short fiber reinforced thermoplastics market in the United States, glass fiber based SFT is expected to remain the largest segment over the forecast period. By resin type, polyamide based composites is expected to remain the largest segment by both value and volume. The growing use of high heat resistance thermoplastic composites is likely to drive the consumption of polyamide resin based SFT over the forecast period.
Emerging trends, which have a direct impact on the dynamics of the industry, include development of high temperature resistance PA6 compounds to replace PA46 and PA12 and increasing use of recycled carbon fiber in SFT.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the short fiber reinforced thermoplastics market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Short Fiber Thermoplastics Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the short fiber reinforced thermoplastics market in the United States by end use industry, resin type, and fiber type as follows:
Short Fiber Reinforced Thermoplastics Market by End Use Industry [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Transportation
>Air Intake Manifold
>Radiator end caps
>Air Cooler End Caps
>Engine Cover and Cam Cover
>Auto Connectors
>Auto Switches
>Others
• Consumer Goods
• Electrical & Electronics
• Others
Short Fiber Reinforced Thermoplastics Market by Fiber Type [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Glass fiber
• Carbon fiber
Short Fiber Reinforced Thermoplastics Market by Resin Type [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Polyamide (PA)
• Polypropylene (PP)
• Polybutylene terephthalate (PBT)
• Others
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/short-fiber-thermoplastics.aspx or write to us at helpdesk@lucintel.com
About Lucintel
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