Market Overview:
The global LFT-PP market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lightweight and fuel-efficient vehicles, growing demand for consumer electronics, and rising awareness about environmental protection. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into ordinary grade LFT-PP, heat resistant grade LFT-PP, and others. Ordinary grade LFT-PP held a major share of the global LFT- PP market in 2017 owing to its low cost and easy availability.
Product Definition:
LFT-PP is a liver function test that measures the levels of two enzymes in the blood: alanine aminotransferase (ALT) and aspartate aminotransferase (AST). These enzymes are released into the blood when the liver is damaged. LFT-PP is used to screen for, diagnose, and monitor liver damage or disease.
Ordinary Grade:
Ordinary grade titanium dioxide is a white crystalline powder, which is insoluble in water and other organic solvents. It has a high refractive index (nearly 3.9) and low particle size (around 0.2 microns).
Heat Resistant Grade:
Heat resistant grade is a special type of plastic that can sustain the flow of heat for a longer period. It finds its major application in the production of laminates and films, which are widely used in automotive components, construction materials, electrical appliances and consumer goods industries.
Application Insights:
The automotive application segment led the global LFT-PP market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for lightweight materials with high strength and stiffness, which are used in vehicle body structures, panels, windows and door panels.
LFT-PP is widely used in consumer electronics owing to properties such as impact resistance, flexibility & plasticity along with thermal stability & insulation that enhance product quality. Products such as mobile phones; tablets; laptops; cameras etc., use these laminates for manufacturing their cases or external parts due to superior mechanical properties offered by the material coupled with low cost compared to steel or aluminum alloys.
Other applications include construction products such as wall paneling where LFT-PP is utilized for sound absorption purposes along with its ability provide thermal insulation on account of its high dielectric strength property inherent within it.
Regional Analysis:
Asia Pacific dominated the global LFT-PP market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing automotive production in China, India, Japan, and South Korea. In addition, rising disposable income coupled with rapid urbanization will drive product demand further.
The Asia Pacific was followed by North America which accounted for a revenue share of 22% in 2017 owing to high R&D investments by major companies along with growing consumer awareness regarding health & safety issues associated with plastic products. Europe also had a significant market share due to high demand from end-use industries such as electrical & electronics and automotive that are witnessing strong growth across the region on account of increased manufacturing activities for these sectors.
Growth Factors:
- Increasing demand for lightweight materials in automotive and aerospace industries to reduce the overall weight of vehicles and aircrafts.
- Growing popularity of electric vehicles (EVs) that require lighter batteries and motors for improved performance.
- Rising demand from construction and infrastructure sectors for lightweight concrete, metal alloys, and other building materials.
- Proliferation of online retail platforms that are offering a wider range of LFT-PP products at competitive prices.
- Technological advancements in LFT-PP manufacturing processes that are resulting in higher product quality and reduced production costs
Scope Of The Report
Report Attributes
Report Details
Report Title
LFT-PP Market Research Report
By Type
Ordinary Grade, Heat Resistant Grade, Others
By Application
Automotive, Consumer Electronic, Others
By Companies
SABIC, Trinseo, Borealis, Nanjing Julong, Owens Corning, GS Global, Daicel Polymer, Asahi Kasei, RTP Company, Celanese, Shanghai PRET Composites, Nuh Kompozit, PlastiComp, Sambark LFT, Avient, Vatan Plastik, SKYi Innovations, Kingfa SCI.& Tech.
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global LFT-PP Market Report Segments:
The global LFT-PP market is segmented on the basis of:
Types
Ordinary Grade, Heat Resistant Grade, Others
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, Consumer Electronic, 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
- Trinseo
- Borealis
- Nanjing Julong
- Owens Corning
- GS Global
- Daicel Polymer
- Asahi Kasei
- RTP Company
- Celanese
- Shanghai PRET Composites
- Nuh Kompozit
- PlastiComp
- Sambark LFT
- Avient
- Vatan Plastik
- SKYi Innovations
- Kingfa SCI.& Tech.
Highlights of The LFT-PP 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:
- Ordinary Grade
- Heat Resistant Grade
- Others
- By Application:
- Automotive
- Consumer Electronic
- 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 LFT-PP 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?
LFT-PP is a liver function test that measures the amount of bilirubin in your blood. Bilirubin is a byproduct of the breakdown of red blood cells. A high level of bilirubin can indicate a problem with your liver.
Some of the major players in the lft-pp market are SABIC, Trinseo, Borealis, Nanjing Julong, Owens Corning, GS Global, Daicel Polymer, Asahi Kasei, RTP Company, Celanese, Shanghai PRET Composites, Nuh Kompozit, PlastiComp, Sambark LFT, Avient, Vatan Plastik, SKYi Innovations, Kingfa SCI.& Tech..
The lft-pp market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LFT-PP 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 LFT-PP Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LFT-PP 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 LFT-PP 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 LFT-PP Market Size & Forecast, 2020-2028
4.5.1 LFT-PP Market Size and Y-o-Y Growth
4.5.2 LFT-PP 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 Ordinary Grade
5.2.2 Heat Resistant Grade
5.2.3 Others
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 Automotive
6.2.2 Consumer Electronic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LFT-PP 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 LFT-PP 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 Ordinary Grade
9.6.2 Heat Resistant Grade
9.6.3 Others
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 Automotive
9.10.2 Consumer Electronic
9.10.3 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 Ordinary Grade
10.6.2 Heat Resistant Grade
10.6.3 Others
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 Automotive
10.10.2 Consumer Electronic
10.10.3 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 Ordinary Grade
11.6.2 Heat Resistant Grade
11.6.3 Others
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 Automotive
11.10.2 Consumer Electronic
11.10.3 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 Ordinary Grade
12.6.2 Heat Resistant Grade
12.6.3 Others
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 Automotive
12.10.2 Consumer Electronic
12.10.3 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 Ordinary Grade
13.6.2 Heat Resistant Grade
13.6.3 Others
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 Automotive
13.10.2 Consumer Electronic
13.10.3 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 LFT-PP Market: Competitive Dashboard
14.2 Global LFT-PP Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SABIC
14.3.2 Trinseo
14.3.3 Borealis
14.3.4 Nanjing Julong
14.3.5 Owens Corning
14.3.6 GS Global
14.3.7 Daicel Polymer
14.3.8 Asahi Kasei
14.3.9 RTP Company
14.3.10 Celanese
14.3.11 Shanghai PRET Composites
14.3.12 Nuh Kompozit
14.3.13 PlastiComp
14.3.14 Sambark LFT
14.3.15 Avient
14.3.16 Vatan Plastik
14.3.17 SKYi Innovations
14.3.18 Kingfa SCI.& Tech.
