According to a new country report published by Lucintel, the future of the thermoplastic composites market in the United States looks promising with opportunities in transportation, consumer goods, industrial, and construction industries. The thermoplastic composites market in the United States is primarily driven by growing demand for lightweight and environmentally sustainable materials and replacement of metals with composites in different end use industries.
This report studies factors affecting the thermoplastic composites 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 SFT will remain the largest market due to its wide usage in injection molding part fabrication. Within the thermoplastic composites market in the United States, transportation will remain the largest end use industry by value and volume due to increasing demand for lightweight materials. The consumer goods segment is expected to witness the highest growth over the forecast period due to the increasing demand for lightweight and high performance plastic compounds.
Emerging trends, which have a direct impact on the dynamics of the thermoplastic composites industry, include increasing inter-material competition and increasing focus on continuous fiber reinforced thermoplastic composites .
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 thermoplastic composites market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Thermoplastic Composites 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 thermoplastic composites market in the United States by end use industry, material type, resin, and reinforcement as follows:
Thermoplastic Composites Market in the United States by End Use Industry [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Transportation
• Consumer Goods
• Construction
• Industrial
• Others
Thermoplastic Composites Market in the United States by Material Type [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Short Fiber Thermoplastics (SFT)
• Long Fiber Thermoplastics (LFT)
• Continuous Fiber Thermoplastics (CFT)
• Glass Mat Thermoplastics (GMT)
Thermoplastic Composites Market in the United States by Reinforcement Type [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Glass Fiber
• Carbon Fiber & Others
Thermoplastic Composites Market in the United States by Resin Type [Volume (Kilotons) and $M shipment analysis from 2014 to 2025]:
• Polypropylene (PP)
• Polyamide (PA)
• 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/thermoplastic-composites.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com