Short Fiber Reinforced Thermoplastic Composite Market (Updated Version Available)

The report offers detailed coverage of Short Fiber Reinforced Thermoplastic Composite industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Short Fiber Reinforced Thermoplastic Composite by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Short fiber reinforced thermoplastic composite is a composite material made of a thermoplastic resin reinforced with short fibers. A thermoplastic plastic is a polymer that becomes pliable or moldable above a specific temperature and solidifies upon cooling. Fiber reinforcement in thermoplastic has three basic forms: short fiber, long fiber, and short fiber. The fibers are usually glass, carbon, and aramid. The thermoplastic resin is usually PA, PP, and PBT. Short fiber reinforced thermoplastic composite are commonly used in Aerospace/Aviation/Aviation, automotive, marine, consumer goods, electrical and electronics.
In terms of volume, the production of Short Fiber Reinforced Thermoplastic Composite was about 5356 K MT in 2016. And it is anticipated to reach 7501 K MT by 2022.

Europe is the dominate producer of Short Fiber Reinforced Thermoplastic Composite, the production was 1835 K MT in 2016, accounting for about 34.26% of the total amount, followed by North America, with the production market share of 29.95%. China has the highest production growth rate of 8.28% from 2012 to 2016. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved.

Leading players in Short Fiber Reinforced Thermoplastic Composite industry are BASF, Dupont, SABIC, Rhodia. BASF is the largest manufacturer, with the production market share of 9.17% in 2016. The top four companies occupied about 30.88% production share of the market in 2016.

Automotive accounted for the largest market with about 32.71% of the global consumption volume for Short Fiber Reinforced Thermoplastic Composite in 2016. Moreover, it is anticipated to grow at a CAGR of 5.83% from 2017 to 2022. With over 24.84% share in the Short Fiber Reinforced Thermoplastic Composite market, Aerospace/Aviation was the second largest application market in 2016, and is anticipated to grow at a CAGR of 5.88%, in terms of consumption volume, from 2017 to 2022.

Under the influence of raw material, market competitions and economic conditions, the price of Short Fiber Reinforced Thermoplastic Composite was lower year by year from 2439 $/MT in 2012 to 2095 $/MT in 2016. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing.



The report forecast global Short Fiber Reinforced Thermoplastic Composite market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Short Fiber Reinforced Thermoplastic Composite market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
BASF
Dupont
SABIC
DSM
Rhodia
Lanxess
PolyOne
Xenia
Johns Manville
SGL Group
RTP
Toray
Kingfa Science and Technology
Shanghai PRET Composites
Genius


At the same time, we classify Short Fiber Reinforced Thermoplastic Composite according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Glass Fiber
Carbon Fiber
Others
Market by Application
Automotive
Aerospace/Aviation
Electrical and Electronics
Consumer Goods
Other

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Short Fiber Reinforced Thermoplastic Composite market for the forecast period 2021 - 2025?
• What are the driving forces in the Short Fiber Reinforced Thermoplastic Composite market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Short Fiber Reinforced Thermoplastic Composite industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?