Market Overview:
The global automotive 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 increasing demand for lightweight and fuel-efficient vehicles is driving the growth of the global automotive long glass fiber reinforced polypropylene market. Additionally, the increasing adoption of advanced materials in automobiles is also contributing to the growth of this market. The injection molding segment is expected to be the fastest-growing segment during the forecast period, owing to its high tensile strength and stiffness properties.
Product Definition:
Automotive long glass fiber reinforced polypropylene is a thermoplastic polymer used in the automotive industry. It has high tensile and impact strength, making it ideal for use in body panels, under-the-hood components, and other parts that need to withstand heavy stress.
Injection Molding:
Injection molding is a process of manufacturing plastic parts by using injection molding machine. In this process, the molten polymer is injected into the open cavity of die and then it gets solidified to obtain desired shape. This technology has gained significant acceptance in recent years owing to its ability to produce complex-shaped components with high quality at low cost as compared to other traditional processes such as casting and machining.
Extrusion Molding:
Extrusion molding is a process of converting an object into a three-dimensional shape using the application of heat and pressure. The process can be done with two types of machines, namely, extrusion die and extrusion molds. In the former case, materials such as polymers are forced through dies to get the desired shape whereas in latter case polymer material is placed inside large containers or molds which are heated to obtain desired shape.
Application Insights:
The demand for long glass fiber reinforced polypropylene in chassis is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to the high impact resistance and superior chemical and thermal stability of the product. In addition, it has excellent moisture resistance which helps prevent corrosion on vehicle body parts such as frames, doors, fenders and fuel tanks. Furthermore, it provides enhanced safety against cutting hazards during repair operations due to its tough construction.
The application segment includes roof panel, body panels/front end modules (FEMs), rear end modules (REM), powertrain components including transmission cases & housings along with engine mounts & brace systems among others.
Regional Analysis:
North America accounted for the largest share of over 35% in 2017. The region is expected to witness significant growth on account of increasing demand for passenger cars and light commercial vehicles. In addition, rising investments by major companies such as Ford Motor Company and General Motors are anticipated to fuel market growth over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 6% from 2018 to 2030 owing to rapid industrialization, improving economic conditions, and growing population in countries such as China, India, Indonesia among others will drive product demand.
In terms of revenue Europe was valued at USD X billion in 2017 wherein Germany held a major share followed by France Italy Spain U K.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Rising disposable income of consumers in developing countries
- Stringent government regulations on vehicle emissions
- Technological advancements in automotive manufacturing industry
- Growing popularity of electric and hybrid vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Long Glass Fiber Reinforced Polypropylene Market Research Report
By Type
Injection Molding, Extrusion Molding
By Application
Roof Panel, Body Panels, Chassis, Others
By Companies
SABIC, Celanese Corporation, Daicel Polymer, PolyOne, Lotte Chemical, Solvay, Nippon Electric Glass, RTP, Core Molding Technologies, PlastiComp
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Long Glass Fiber Reinforced Polypropylene Market Report Segments:
The global Automotive Long Glass Fiber Reinforced Polypropylene market is segmented on the basis of:
Types
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
Roof Panel, Body Panels, Chassis, 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
- Nippon Electric Glass
- RTP
- Core Molding Technologies
- PlastiComp
Highlights of The Automotive 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:
- Injection Molding
- Extrusion Molding
- By Application:
- Roof Panel
- Body Panels
- Chassis
- 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 Automotive 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?
Automotive Long Glass Fiber Reinforced Polypropylene is a type of fiberglass-reinforced plastic that is used in the construction of automobiles. It is a strong and lightweight material that can be easily shaped, making it ideal for use in car parts such as headlights and bumpers. Automotive Long Glass Fiber Reinforced Polypropylene also has good heat resistance, meaning it can withstand high temperatures without breaking down.
Some of the major companies in the automotive long glass fiber reinforced polypropylene market are SABIC, Celanese Corporation, Daicel Polymer, PolyOne, Lotte Chemical, Solvay, Nippon Electric Glass, RTP, Core Molding Technologies, PlastiComp.
The automotive long glass fiber reinforced polypropylene market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Long Glass Fiber Reinforced Polypropylene Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Long Glass Fiber Reinforced Polypropylene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Long Glass Fiber Reinforced Polypropylene Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Long Glass Fiber Reinforced Polypropylene Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Long Glass Fiber Reinforced Polypropylene Market Size & Forecast, 2020-2028
4.5.1 Automotive Long Glass Fiber Reinforced Polypropylene Market Size and Y-o-Y Growth
4.5.2 Automotive Long Glass Fiber Reinforced Polypropylene Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Injection Molding
5.2.2 Extrusion Molding
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Roof Panel
6.2.2 Body Panels
6.2.3 Chassis
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Long Glass Fiber Reinforced Polypropylene Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Long Glass Fiber Reinforced Polypropylene Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Injection Molding
9.6.2 Extrusion Molding
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Roof Panel
9.10.2 Body Panels
9.10.3 Chassis
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Injection Molding
10.6.2 Extrusion Molding
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Roof Panel
10.10.2 Body Panels
10.10.3 Chassis
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Injection Molding
11.6.2 Extrusion Molding
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Roof Panel
11.10.2 Body Panels
11.10.3 Chassis
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Injection Molding
12.6.2 Extrusion Molding
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Roof Panel
12.10.2 Body Panels
12.10.3 Chassis
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Injection Molding
13.6.2 Extrusion Molding
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Roof Panel
13.10.2 Body Panels
13.10.3 Chassis
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Long Glass Fiber Reinforced Polypropylene Market: Competitive Dashboard
14.2 Global Automotive Long Glass Fiber Reinforced Polypropylene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SABIC
14.3.2 Celanese Corporation
14.3.3 Daicel Polymer
14.3.4 PolyOne
14.3.5 Lotte Chemical
14.3.6 Solvay
14.3.7 Nippon Electric Glass
14.3.8 RTP
14.3.9 Core Molding Technologies
14.3.10 PlastiComp
