An exciting new study from the team of Lucintel found that thermoplastic composites market is expected to reach $15.1 billion by 2025 with a CAGR of 2.2%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The thermoplastic compositesmarket is segmented based on end use industry, material type, resin, reinforcement, and region. In this market, SFT is the largest segment by material type, whereas transportation is largest by end use industry. Players can benefit from the available opportunities like increasing inter-material competition and increasing focus on continuous fiber reinforced thermoplastic composites.
The increasing inter-material competition and increasing focus on continuous fiber reinforced thermoplastic composites are emerging trends having impact on dynamics of the industry.
SABIC, Celanese, BASF, DSM, Solvay, and Hanwha and othersare some of the major players profiled in this 259-page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the thermoplastic composites market by end use industry (transportation, consumer goods, construction, industrial, and others), material type (SFT, LFT, GMT, and CFT), reinforcement type (glass fiber, and carbon fiber and other), resin type (PP, PA, PBT, 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.3What are the business risks and threats to the thermoplastic compositesmarket?
Q.4What are some changing demands of customers in the thermoplastic compositesmarket?
Q.5What are the new developments in the thermoplastic compositesmarket? Which companies are leading these developments?
Q.6What strategic initiatives are being implemented by key players for business growth?
Q.7What are some of the competitive products and processes in this thermoplastic composites area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this thermoplastic compositesmarket?
This unique report from Lucintelwill 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 [email protected]