Market Overview:
The global long glass fiber reinforced polypropylene market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for long glass fiber reinforced polypropylene in automotive, aerospace, electrical & electronics, construction and other applications. In terms of volume, the automotive segment is expected to account for the largest share of the global long glass fiber reinforced polypropylene market in 2018. Asia Pacific is expected to be the fastest growing region during the forecast period.
Product Definition:
A long glass fiber reinforced polypropylene (LGFRP) is a polymer that contains long glass fibers. These fibers help to reinforce the polymer, making it stronger and more durable. LGFRP is often used in construction or manufacturing applications where strength and durability are important factors.
By Types:
The global by types market size was valued at USD 5.0 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for long glass fiber reinforced polypropylene (LGRP PP) from various end-use industries such as building & construction, automotive, and packaging among others.
Glass Fiber:
Glass fiber is also known as fiberglass and is a type of lightweight, strong, flexible, and thin-walled material. It has major applications in the construction industry owing to its high tensile strength properties. Glass fibers are used in reinforcement of plastics & composites for use in various end-use industries including automotive & transportation and building & construction among others.
Application Insights:
The automotive application segment led the global market and accounted for more than 30.0% share of the overall revenue in 2017. The growing demand for lightweight materials with superior mechanical properties is expected to drive the product demand in this application over the forecast period.
Aerospace was one of the prominent applications that contributed to a significant extent to exceeding 30% share of total volume in 2017. Long-fiber reinforcements are used as an alternative to conventional fibers owing to their superior strength-to-weight ratio and impact resistance, which makes them suitable for aircraft interiors and exterior parts including landing gear doors, fuselage structure, leading and trailing edge panels on an aircraft wing, etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia, Malaysia Philippines Thailand Vietnam and Myanmar. These countries are witnessing strong economic growth owing to various factors such as rapid urbanization due to a large population or increasing per capita income of consumers.
The Asia Pacific has also been one of the key manufacturing hubs for automotive manufacturers across the globe owing to low labor costs and easy availability of resources in this region. In addition, favorable government policies encouraging FDI have contributed significantly toward regional growth over past few years. Increasing demand for passenger cars from developing nations such as China & India coupled with growing aerospace industry will drive long glass fiber reinforced polypropylene (LTPR) market in Asia Pacific during the forecast period (2018 - 2030).
Europe was estimated at USD X billion in 2017.
Growth Factors:
- Growing demand from the automotive industry for lightweight and fuel-efficient vehicles
- Increasing demand for long glass fiber reinforced polypropylene in construction and infrastructure projects
- Rising popularity of long glass fiber reinforced polypropylene in electrical and electronic applications
- Growing use of long glass fiber reinforced polypropylene in medical devices and implants
- Proliferation of new manufacturing technologies that can produce high-quality long glass fiber reinforced polypropylene products
Scope Of The Report
Report Attributes
Report Details
Report Title
Long Glass Fiber Reinforced Polypropylene Market Research Report
By Type
By Types, Glass Fiber, Carbon Fiber, By Technology, Injection Molding, Extrusion Molding
By Application
Automotive, Aerospace, Electrical & Electronics, Construction, Others
By Companies
SABIC, Celanese Corporation, Daicel Polymer, PolyOne, Lotte Chemical, Solvay, PPG Fiber Glass, RTP, Core Molding Technologies, PlastiComp, Toray, Mitsubishi Rayon, Teijin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Long Glass Fiber Reinforced Polypropylene Market Report Segments:
The global Long Glass Fiber Reinforced Polypropylene market is segmented on the basis of:
Types
By Types, Glass Fiber, Carbon Fiber, By Technology, Injection Molding, Extrusion Molding
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Aerospace, Electrical & Electronics, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SABIC
- Celanese Corporation
- Daicel Polymer
- PolyOne
- Lotte Chemical
- Solvay
- PPG Fiber Glass
- RTP
- Core Molding Technologies
- PlastiComp
- Toray
- Mitsubishi Rayon
- Teijin
Highlights of The Long Glass Fiber Reinforced Polypropylene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- By Types
- Glass Fiber
- Carbon Fiber
- By Technology
- Injection Molding
- Extrusion Molding
- By Application:
- Automotive
- Aerospace
- Electrical & Electronics
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Long Glass Fiber Reinforced Polypropylene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Long Glass Fiber Reinforced Polypropylene is a type of fiberglass reinforced plastic that is made from long, thin strands of glass fibers. This material is often used to make products that need to be strong but lightweight, such as car parts and furniture.
Some of the key players operating in the long glass fiber reinforced polypropylene market are SABIC, Celanese Corporation, Daicel Polymer, PolyOne, Lotte Chemical, Solvay, PPG Fiber Glass, RTP, Core Molding Technologies, PlastiComp, Toray, Mitsubishi Rayon, Teijin.
The long glass fiber reinforced polypropylene market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Long Glass Fiber Reinforced Polypropylene Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Long Glass Fiber Reinforced Polypropylene Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Long Glass Fiber Reinforced Polypropylene Market - Supply Chain
4.5. Global Long Glass Fiber Reinforced Polypropylene Market Forecast
4.5.1. Long Glass Fiber Reinforced Polypropylene Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Long Glass Fiber Reinforced Polypropylene Market Size (000 Units) and Y-o-Y Growth
4.5.3. Long Glass Fiber Reinforced Polypropylene Market Absolute $ Opportunity
5. Global Long Glass Fiber Reinforced Polypropylene Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Type
5.3.1. By Types
5.3.2. Glass Fiber
5.3.3. Carbon Fiber
5.3.4. By Technology
5.3.5. Injection Molding
5.3.6. Extrusion Molding
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Long Glass Fiber Reinforced Polypropylene Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace
6.3.3. Electrical & Electronics
6.3.4. Construction
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Long Glass Fiber Reinforced Polypropylene Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Long Glass Fiber Reinforced Polypropylene Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Long Glass Fiber Reinforced Polypropylene Demand Share Forecast, 2019-2029
9. North America Long Glass Fiber Reinforced Polypropylene Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace
9.4.3. Electrical & Electronics
9.4.4. Construction
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Type
9.7.1. By Types
9.7.2. Glass Fiber
9.7.3. Carbon Fiber
9.7.4. By Technology
9.7.5. Injection Molding
9.7.6. Extrusion Molding
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Long Glass Fiber Reinforced Polypropylene Demand Share Forecast, 2019-2029
10. Latin America Long Glass Fiber Reinforced Polypropylene Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace
10.4.3. Electrical & Electronics
10.4.4. Construction
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Type
10.7.1. By Types
10.7.2. Glass Fiber
10.7.3. Carbon Fiber
10.7.4. By Technology
10.7.5. Injection Molding
10.7.6. Extrusion Molding
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Long Glass Fiber Reinforced Polypropylene Demand Share Forecast, 2019-2029
11. Europe Long Glass Fiber Reinforced Polypropylene Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace
11.4.3. Electrical & Electronics
11.4.4. Construction
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Type
11.7.1. By Types
11.7.2. Glass Fiber
11.7.3. Carbon Fiber
11.7.4. By Technology
11.7.5. Injection Molding
11.7.6. Extrusion Molding
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Long Glass Fiber Reinforced Polypropylene Demand Share, 2019-2029
12. Asia Pacific Long Glass Fiber Reinforced Polypropylene Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace
12.4.3. Electrical & Electronics
12.4.4. Construction
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Type
12.7.1. By Types
12.7.2. Glass Fiber
12.7.3. Carbon Fiber
12.7.4. By Technology
12.7.5. Injection Molding
12.7.6. Extrusion Molding
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Long Glass Fiber Reinforced Polypropylene Demand Share, 2019-2029
13. Middle East & Africa Long Glass Fiber Reinforced Polypropylene Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace
13.4.3. Electrical & Electronics
13.4.4. Construction
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Long Glass Fiber Reinforced Polypropylene Market Size and Volume Forecast by Type
13.7.1. By Types
13.7.2. Glass Fiber
13.7.3. Carbon Fiber
13.7.4. By Technology
13.7.5. Injection Molding
13.7.6. Extrusion Molding
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Long Glass Fiber Reinforced Polypropylene Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Long Glass Fiber Reinforced Polypropylene Market: Market Share Analysis
14.2. Long Glass Fiber Reinforced Polypropylene Distributors and Customers
14.3. Long Glass Fiber Reinforced Polypropylene Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SABIC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Celanese Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Daicel Polymer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PolyOne
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lotte Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Solvay
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. PPG Fiber Glass
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. RTP
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Core Molding Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PlastiComp
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Toray
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mitsubishi Rayon
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Teijin
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20.