Dublin, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The "Short Fiber Thermoplastic Market: Market Size, Trends, Opportunities and Forecast by Resin Type, Application, Reinforcement Type, Region, By Country: 2020-2030" report has been added to ResearchAndMarkets.com's offering.
Global Short Fiber Thermoplastic Market is expected to grow at a CAGR of 6% during 2025-2030.
The report explores a multi-faceted opportunity landscape in terms of market segmentation by Resin Type (Polypropylene, Polyamide, PEEK, PBT and Other Resin Types), By Application (Automotive & Transportation, Consumer Goods, Aerospace & Defense and Other Applications) and By Reinforcement Type (Glass Fiber and Carbon Fiber).
The Short Fiber Thermoplastic (SFT) Market is growing rapidly, driven by the increasing demand for lightweight, high-performance materials in industries such as automotive, aerospace, consumer goods, and electronics. Short fiber thermoplastics are composites made by reinforcing thermoplastic polymers with short fibers, typically glass or carbon fibers. These materials offer a unique combination of strength, flexibility, and lightness, making them ideal for applications where reducing weight without compromising performance is essential.
One of the key drivers of the SFT market is the automotive industry's focus on lightweight materials to improve fuel efficiency and reduce emissions. As automakers strive to meet stringent environmental regulations, the use of short fiber thermoplastics in components such as interior panels, engine covers, and structural parts has increased. These materials help reduce the overall weight of the vehicle, leading to improved fuel economy and lower CO2 emissions, making them a preferred choice for automotive manufacturers.
In addition to automotive applications, short fiber thermoplastics are widely used in the aerospace industry to manufacture lightweight components that can withstand high stress and extreme temperatures. The demand for fuel-efficient aircraft has driven the adoption of SFT in the production of interior and structural parts. The consumer goods and electronics industries are also key markets for SFT, as manufacturers seek materials that offer both durability and design flexibility for products such as smartphones, laptops, and home appliances.
Segment Insights
The automotive & transportation segment holds the largest share of the Short Fiber Thermoplastic Market, accounting for around 45% of the market in 2023. The increasing use of lightweight materials in vehicle production to meet fuel efficiency and emissions standards is a key driver of this segment. The aerospace segment is also experiencing significant growth, driven by the demand for lightweight and durable materials in aircraft manufacturing.
Geographical Insights
The Asia-Pacific region dominates the Short Fiber Thermoplastic Market, driven by the presence of major semiconductor manufacturers in countries such as Taiwan, South Korea, and China. The region's strong focus on semiconductor production and innovation has contributed to its leadership in the market. The Americas, particularly the U.S., are also significant players, as semiconductor manufacturing is a critical component of their high-tech and automotive industries.
Reasons to buy this report:
- In-Depth Comparative Assessment of Top 20 Markets in the Short Fiber Thermoplastic Market Application: Comparative assessment of 20 leading countries highlighting the total addressable market, opportunities, lucrative segments and competitive positioning of leading companies.
- Comprehensive Historical, Present, and Future Analytics of the Short Fiber Thermoplastic Market: A deep dive in the historical (2020-2023), current (2024) and forecast (2025-2030) market analytics of Short Fiber Thermoplastic Market.
- Detailed Analysis of Short Fiber Thermoplastic Market By Resin Type, Application, and Reinforcement Type Across 20 Countries
- Beyond the Purchase: 90 Days of Support
- Direct Access to Analysts: Have questions after reading the report? Our expert analysts are just a call or email away.
- Customized Assistance: Whether you're integrating insights into your strategy or have questions about market dynamics, our team provides tailored support to meet your specific business needs.
- Data Customization Requests: During the support period, you have the flexibility to request additional data cuts or deeper dives into specific areas of interest.
- Gain insights specific to new entrants or new market areas to tap: The study provides detailed market entry strategies, including analysis of barriers to entry, pricing strategies, opportunities, trends, drivers, and challenges and product positioning using the Opportunity Portfolio Matrix (OPM)
- Strategic Application Movements: Tracking Competitive Developments and Key Players in the Market
Competitive Landscape
The report assesses the competitive developments, strategies, mergers and acquisitions and new product development and market share portfolio of top 15 companies.
- Avient
- DuPont
- DSM
- Victrex plc.
- SABIC
- BASF SE
- Solvay
- SGL Carbon
- Lanxess
- Celanese Corporation
Key Topics Covered:
1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Analyst Recommendations
3. Global Short Fiber Thermoplastic Market: Historic and Forecast
3.1 Impact Analysis of Macro Economic Factors on Global Short Fiber Thermoplastic Market
3.2 Short Fiber Thermoplastic Market Type Matrix
3.3 Global Short Fiber Thermoplastic Market: Dashboard
3.4 Global Short Fiber Thermoplastic Market: Market Size and CAGR, By Value, 2020-2030 (USD Million & CAGR)
3.5 Global Short Fiber Thermoplastic Market: Market Value Assessment
3.6 Assessment Degree of Impact of COVID-19 on Global Short Fiber Thermoplastic Market
3.7 Global Short Fiber Thermoplastic Market Segmentation: By Resin Type
3.7.1 Global Short Fiber Thermoplastic Market, By Resin Type Overview
3.7.2 Global Short Fiber Thermoplastic Market Attractiveness Index, By Resin Type (2025-2030)
3.7.3 Global Short Fiber Thermoplastic Market Size, By Polypropylene, By Value, 2020H-2030F (USD Million & CAGR)
3.7.4 Global Short Fiber Thermoplastic Market Size, By Polyamide, By Value, 2020H-2030F (USD Million & CAGR)
3.7.5 Global Short Fiber Thermoplastic Market Size, By PEEK, By Value, 2020H-2030F (USD Million & CAGR)
3.7.6 Global Short Fiber Thermoplastic Market Size, By PBT, By Value, 2020H-2030F (USD Million & CAGR)
3.7.7 Global Short Fiber Thermoplastic Market Size, By Other Resin Types, By Value, 2020H-2030F (USD Million & CAGR)
3.8 Global Short Fiber Thermoplastic Market Segmentation: By Application
3.8.1 Global Short Fiber Thermoplastic Market, By Application Overview
3.8.2 Global Short Fiber Thermoplastic Market Attractiveness Index, By Application (2025-2030)
3.8.3 Global Short Fiber Thermoplastic Market Size, By Automotive & Transportation , By Value, 2020H-2030F (USD Million & CAGR)
3.8.4 Global Short Fiber Thermoplastic Market Size, By Consumer Goods , By Value, 2020H-2030F (USD Million & CAGR)
3.8.5 Global Short Fiber Thermoplastic Market Size, By Aerospace & Defense, By Value, 2020H-2030F (USD Million & CAGR)
3.8.6 Global Short Fiber Thermoplastic Market Size, By Other Applications, By Value, 2020H-2030F (USD Million & CAGR)
3.9 Global Short Fiber Thermoplastic Market Segmentation: By Reinforcement Type
3.9.1 Global Short Fiber Thermoplastic Market, By Reinforcement Type Overview
3.9.2 Global Short Fiber Thermoplastic Market Attractiveness Index, By Reinforcement Type (2025-2030)
3.9.3 Global Short Fiber Thermoplastic Market Size, By Glass Fiber , By Value, 2020H-2030F (USD Million & CAGR)
3.9.4 Global Short Fiber Thermoplastic Market Size, By Carbon Fiber, By Value, 2020H-2030F (USD Million & CAGR)
4. Short Fiber Thermoplastic Market, Region Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
For more information about this report visit https://www.researchandmarkets.com/r/1sq8g7
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