Categories: Press Release

Short Fiber Thermoplastic Market is expected to reach $29.9 Billion by 2028- An exclusive market research report by Lucintel

Lucintel’s latest market report analyzed that short fiber thermoplastic provides attractive opportunities in the transportation, consumer goods, and electrical and electronics end uses. The short fiber thermoplastic market is expected to reach $29.9 billion by 2028 with a CAGR of 5.1%. In this market, glass fiber is the largest segment by reinforcement type, whereas consumer goods is largest by end use. 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 provides strategic growth path in this market.

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Based on reinforcement type, the short fiber thermoplastic market is segmented into glass fiber and carbon fiber. The glass fiber segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to because it offers high tensile strength and provides outstanding electrical properties.

Browse in-depth TOC on “Short Fiber Thermoplastic Market”

96 – Tables

138 – Figures

185 – Pages

The Short Fiber Thermoplastic Market is marked by the presence of several big and small players. Some of the prominent players offering short fiber thermoplastic include BASF, DSM, DuPont, SABIC, and Lanxess.

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https://www.lucintel.com/short-fiber-thermoplastics-market.aspx

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link 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.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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