The multinational Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composites refer to composite materials made of resin reinforced with glass fiber. GFRTP composites has the advantages of high mechanical strength, light weight, easy formation of complex shapes, good processability, recyclability and other advantages.
Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite can be classified into three types: Roving Glass Fibers, Chopped Glass Fibers and Yarn Glass Fibers. Survey results showed that Roving Glass Fibers of the Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market is 61.06%, Chopped Glass Fibers is 16.66%, 8.81% is Yarn Glass Fibers in 2017. With the development of economy, these industries will need GFRTP Composite. So, GFRTP Composite has a huge market potential in the future.
Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite can be classified into four applications: Transport, Electro & Electronics, Construction and Sport & Leisure. Survey results showed that Transport consumption 730.7K MT, takes 49.4% of GFRTP Composite in 2017.
In the global Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
BASF
Lanxess
DSM
SABIC
PolyOne
DuPont
Solvay
Hexion
Celanese
RTP
SI Group
Sumitomo Bakelite
Evonik
Daicel
Kolon
Denka
Mitsui Chemical
Prime Polymer
Japan Polypropylene Corporation
Quadrant Group
Xiamen LFT Composite Plastic
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Roving Glass Fibers
Chopped Glass Fibers
Yarn Glass Fibers
In market segmentation by applications :
Transport
Electro & Electronics
Construction
Sport & Leisure
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market for the forecast period 2020 - 2025?
• What are the driving forces in the Glass Fiber Reinforced Thermo-Plastic (GFRTP) Composite market for the forecast period 2020 - 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 Glass Fiber Reinforced Thermo-Plastic (GFRTP) 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?