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Long fiber thermoplastics market 2019-2025 | Exponential Growth from aerospace application

Author : Rahul Varpe | Published Date : 2019-04-24 

Global Long fiber thermoplastics market report 2025 focuses on the major Types and Applications for the key players. The market forecast report also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The research report is a professional and in-depth study on the current state of global Industry.

Long fiber thermoplastics market from aerospace application is projected to surpass USD 450 million by 2025. LFT is a low-cost thermoplastic which is effectively economical than metals which has increased its usage in production of aerospace components. It is used in aviation industry owing to its corrosion free and chemical resistant nature which ensures durability of these components and increased product life.

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Shifting consumer preference towards lightweight and ecofriendly products may fuel demand for long fiber thermoplastics market in foreseeable timeframe owing to its recyclability, biodegradability and high strength to weight ratio. This product has its usage in manufacturing of aerospace, automotive, sports and furniture applications which may foster long fiber thermoplastics market.

Growing awareness among people towards sports activities including cycling to maintain fitness may surge demand for long fiber thermoplastics market owing to its usage in manufacturing of lightweight bicycles. Reinforced LFT is utilized in production of badminton racquets, chess boards and golf shafts because of its rigid and durable nature.

Long fiber thermoplastics market from polypropylene resin is anticipated to witness gain of over 9.5 % by 2025. Polypropylene resin is mixed with LFT and is used significantly in packaging industry which may escalate product demand. It is widely utilized in manufacturing of toys and furniture components owing to its thermal and chemical resistance.

Increase in usage of alternative including thermosets due of its low cost, structural integrity, thermal and heat resistant is utilized in automobile, aerospace and construction industry which may hamper long fiber thermoplastics market.

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U.S. long fiber glass market from construction application is expected to surpass USD 15 million by 2025. LFT is utilized in construction of prefabricated movable houses owing to its low weight and mechanical strength. This polymer also upholds impact and abrasion resistant characteristics which shelters these houses from impacts and harsh environmental condition which may fuel market growth in foreseeable timeframe.

Germany long carbon fiber reinforced thermoplastics market from automotive application is projected to surpass 9.5 % by 2025. LFT is utilized in automotive industry for manufacturing of automotive components. This polymer has flexible characteristics which helps to develop complex and aerodynamic car designs which may stimulate product demand. It is also employed in manufacturing of dashboards, car seats and doors.

Long fiber thermoplastics market is slightly fragmented with key industry players which includes Solvay group, Asahi Kasei, SABIC, Celanese Corporation, Plasticomp, Quadrant Group and RTP Company. Manufacturers are contributing more funds towards research & development activities to develop innovative products from long fiber thermoplastics.

Long fiber thermoplastics Market, By Material

  • Glass Fiber
  • Carbon Fiber

Long fiber thermoplastics Market, By Resin

  • Polypropylene
  • Polyamide
  • Thermoplastic polyurethane
  • Polybutylene terephthalate
  • Polyphenylene sulfide
  • Polycarbonate
  • PEEK
  • Others

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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