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SFT Market Trends and Forecast
The future of the SFT market looks promising with opportunities in the transportation, consumer goods, and electrical and electronics end uses. The global SFT market is expected to reach an estimated $25.3 billion by 2027 with a CAGR of 6.1% from 2021 to 2027.  The major drivers for growth in this market are increasing demand for light weight materials in different application markets where complex parts are designed.

SFT Market by End Use, Reinforcement Type, and Resin Type

Emerging Trends in the SFT Market
Emerging trends, which have a direct impact on the dynamics of the industry, includes development of high temperature resistance grades of SFT with pa6 to replace high cost resin systems and increasing use of recycled carbon fiber as CF reinforced compounds.
A total of 138 figures / charts and 96 tables are provided in this 185-page report to help in your business decisions. A sample figure with insights is shown below. To learn the scope of benefits, companies researched, and other details of the SFT market report, please download the report brochure.

SFT Market by Segments

SFT Market by Segment
The study includes a forecast for the global SFT market by end use, reinforcement type, resin type, and region as follows:
SFT Market by End Use [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:

SFT Market by Reinforcement Type [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:

SFT Market by Resin Type [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:

SFT Market by Region [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of SFT Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies SFT companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the SFT companies profiled in this report includes.

SFT Market Insight

  • Lucintel forecasts that automotive industry will remain the largest end use industry over the forecast period due to increasing demand for short fiber thermoplastics based plastic products in automotive industry. Consumer goods is expected to witness the highest growth over the forecast period.
  • Glass fiber will remain the largest segment by value and volume over the forecast period because it offers high tensile strength and provides outstanding electrical properties.
  • APAC is expected to remain the largest region by value and volume over the forecast period and ROW is expected to experience the highest growth over the forecast period due to growth in end use industries.

Features of SFT Market

  • Market Size Estimates: SFT market size estimation in terms of value ($M) and Volume (M lbs)
  • Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
  • Segmentation Analysis: Market size by end use, reinforcement type, and resin type, and region
  • Regional Analysis: SFT market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different end use, reinforcement type, and resin type, and regions for the recycled carbon fiber market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the recycled carbon fiber market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ
Q1. What is the SFT market size?
Answer: The global SFT market is expected to reach an estimated $25.3 billion by 2027  
Q2. What is the growth forecast for SFT market?
Answer: The SFT market is expected to grow at a CAGR of 6.1% from 2021 to 2027.       
Q3. What are the major drivers influencing the growth of the SFT market?
Answer: The major drivers for growth in this market are increasing demand for light weight materials in different application markets where complex parts are designed.        
Q4. What are the major applications or end use industries for SFT?
Answer: Transportation and consumer goods are the major end uses for SFT.        
Q5. What are the emerging trends in SFT market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, includes development of high temperature resistance grades of SFT with pa6 to replace high cost resin systems and increasing use of recycled carbon fiber as CF reinforced compounds.
Q6. Who are the key SFT companies?
Answer: Some of the key SFT companies are as follows:

  • BASF
  • DSM  
  • DuPont
  • SABIC           
  • Lanxess                     

Q7. Which SFT reinforcement segment will be the largest in future?
Answer: Lucintel forecasts that glass fiber will remain the largest segment by value and volume over the forecast period because it offers high tensile strength and provides outstanding electrical properties.
Q8. In SFT market, which region is expected to be the largest in next 5 years?
Answer:  APAC is expected to remain the largest region and ROW witness the highest growth over next 5 years  
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high growth opportunities for the global SFT market by end use (transportation, consumer goods, electrical and electronics, and others), reinforcement type (glass fiber and carbon fiber), resin type (polypropylene, polyamide, polybutylene terephthalate and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?

 

Table of Contents
1. Executive Summary

2. Global SFT Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends and Forecasts
3.2: Global SFT Market Trends and Forecast
3.3 Global SFT Market by End Use
3.3.1: Transportation
3.3.1.1: Air Intake Manifold
3.3.1.2: Radiator End Caps
3.3.1.3: Fans and Shrouds
3.3.1.4: Engine Cover and Cam Cover
3.3.1.5: Auto Connectors
3.3.1.6: Auto Switches
3.3.1.7: Others
3.3.2: Consumer Goods
3.3.3: Electrical and Electronics
3.3.4: Others
3.4: Global SFT Market by Reinforcement Type
3.4.1: Glass Fiber
3.4.2: Carbon Fiber
3.4: Global SFT Market by Resin Type
3.4.1: Polypropylene
3.4.2: Polyamide
3.4.3: Polybutylene Terephthalate
3.4.3: Others

4. Market Trends and Forecast Analysis by Region
4.1: Global SFT Market by Region
4.2: North American SFT Market
4.2.1: Market by End Use: Transportation, Consumer Goods, Electrical and Electronics, and Others
4.3: European SFT Market
4.3.1: Market by End Use: Transportation, Consumer Goods, Electrical and Electronics, and Others
4.4: APAC SFT Market
4.4.1: Market by End Use: Transportation, Consumer Goods, Electrical and Electronics, and Others
4.5: ROW SFT Market
4.5.1: Market by End Use: Transportation, Consumer Goods, Electrical and Electronics, and Others

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global SFT Market by End Use
6.1.2: Growth Opportunities for the Global SFT Market by Reinforcement Type
6.1.5: Growth Opportunities for the Global SFT Market by Resin Type
6.1.6: Growth Opportunities for the Global SFT Market by Region
6.2: Emerging Trends in the Global SFT Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion
6.3.3: Mergers and Acquisitions

7. Company Profiles of Leading Players
7.1: BASF SE
7.2: DSM
7.3: DuPont
7.4: SABIC
7.5: Lanxess
.

Buy full report or by chapter as follows

Price by License Type:
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[Chapter Number] [Chapter Name] [Chapter Number Of Pages] [Chapter Price]
Title/Chapter Name Pages Price
Full Report: Short Fiber Thermoplastic Market: Trends, Opportunities and Competitive Analysis Full Report $ 4,850
138 figures/charts and 96 tables are provided in this 185 - page report
Chapter - 1: Executive Summary 6 $ 435
1. Executive Summary
Chapter - 2: Market Background and Classifications 25 $ 218
2. Market Background and Classifications
2.1. Introduction, Background, and Classifications 
2.2. Supply Chain 
2.3. Industry Drivers and Challenges
Chapter - 3: Market Trends and Forecast Analysis 88 $ 1,740
3. Market Trends and Forecast Analysis from 2012 to 2023 
3.1. Macroeconomic Trends and Forecast
3.2. Global SFT Market Trends and Forecast 
3.3. Global SFT Market by End Use Industry 
3.3.1. Transportation 
3.3.1.1. Air Intake Manifold
3.3.1.2. Radiator end caps 
3.3.1.3. Air Cooler End Caps 
3.3.1.4. Engine Cover and Cam Cover 
3.3.1.5. Auto Connectors 
3.3.1.6. Auto Switches 
3.3.1.7. Others 
3.3.2. Consumer Goods 
3.3.3. Electrical/Electronics 
3.3.4. Others 
3.4. Global SFT Market by Reinforcement Type 
3.4.1. Glass Fiber 
3.4.2. Carbon Fiber 
3.5. Global SFT Market by Resin Type 
3.5.1. Polypropylene 
3.5.2. Polyamide 
3.5.3. Polybutylene Terephthalate 
3.5.4. Others 
Chapter - 4: Regional Analysis 29 $ 2,248
4. Market Trends and Forecast Analysis by Region
4.1. Global SFT Market by Region 
4.2. North American SFT Market 
4.2.1. Market by End Use Industry: Transportation, Consumer Goods, Electrical
& Electronics, and Others 
4.3. European SFT Market 
4.3.1. Market by End Use Industry: Transportation, Consumer Goods, Electrical
& Electronics, and Others
4.4. Asia Pacific SFT Market 
4.4.1. Market by End Use Industry: Transportation, Consumer Goods, Electrical
& Electronics, and Others 
4.5. The Rest of the World SFT Market 
4.5.1. Market by End Use Industry: Transportation, Consumer Goods, Electrical
& Electronics, and Others
Chapter - 5: Competitor Analysis 10 $ 725
5. Competitor Analysis 
5.1. Product Portfolio Analysis 
5.2. Market Share Analysis 
5.3. Operational Integration 
5.4. Geographical Reach 
5.5. Porter’s Five Forces Analysis
Chapter - 6: Growth Opportunity and Strategic Analysis 18 $ 870
6. Growth Opportunity and Strategic Analysis
6.1. Growth Opportunities Analysis 
6.1.1. Growth Opportunities for Global SFT Market by End-Use Industry 
6.1.2. Growth Opportunities for the Global SFT Market by Resin Type 
6.1.3. Growth Opportunities for the Global SFT Market by Reinforcement Type
6.1.4. Growth Opportunities for the Global SFT Market by Region 
6.2. Innovations in the SFT Industry 
6.3. Emerging Trends in the Global SFT Market
6.4. Strategic Analysis
6.4.1. New Product Development 
6.4.2. Capacity Expansion of the Global SFT Market
6.4.3. Mergers, Acquisitions and Joint Ventures in the Global SFT Market 
6.5. New Entrants in the Global SFT Market 
Chapter - 7: Company Profiles of Leading Players 18 $ 508
7. Company Profiles of Leading Players 
7.1. BASF SE 
7.2. DSM 
7.3. DowDUPONT 
7.4. SABIC IP 
7.5. LANXESS 
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the SFT market. The major SFT suppliers are BASF SE, DSM NV, DowDuPont, SABIC, LANXESS, LyondellBasell and others.
 
Below is a brief summary of the primary interviews that were conducted by job function for this report.
 

Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
 
 

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