Market Overview:
The global short glass fiber reinforced polypropylene market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The increasing demand for lightweight and durable materials in automotive, aerospace, electrical & electronics, construction and other applications is driving the growth of the global short glass fiber reinforced polypropylene market. The high thermal resistance and stiffness-to-weight ratio of short glass fiber reinforced polypropylene makes it an ideal material for various end-use applications. North America is expected to be the largest market for short glass fiber reinforced polypropylene during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Short Glass Fiber Reinforced Polypropylene is a fiber-reinforced plastic made from short glass fibers and polypropylene. It is used in place of standard polypropylene to improve strength, stiffness, and heat resistance.
Injection Molding:
Injection molding is a process of creating three-dimensional shapes from plastic compounds by using injection molding machine. In this process, the molten plastic material is injected into a metal die or barrel which then creates the shape according to your requirement. The most commonly used plastics for this purpose are polypropylene (PP), polyethylene (PE), and polystyrene (PS).
Extrusion Molding:
Extrusion molding is a manufacturing process used to create three-dimensional shapes from plastic or metal. The process works by forcing the molten material through a die to produce the final product. In extrusion molding, short glass fiber reinforced polypropylene (SGRPP) can be used as raw materials for manufacturing products such as bottles and containers in various sizes and shapes.
Application Insights:
The global SGFRP market is segmented based on application into automotive, aerospace, electrical & electronics, construction and others. The other applications include packaging, consumer goods and medical equipment. In 2017, the automotive application accounted for over 40% of the overall revenue share in Asia Pacific and is expected to continue its dominance over the forecast period owing to increasing demand from China and India coupled with a growing preference for lightweight materials in vehicle manufacturing.
The product has numerous advantages including high impact resistance compared to glass fiber reinforced plastics; superior chemical resistance; better surface finish when compared to conventional polymers such as PBT or ABS; lower density which reduces weight & cost of vehicles while maintaining safety requirements; improved dimensional accuracy during molding operations due to its higher elasticity than glass fiber reinforced plastics thus resulting in smaller parts with better defined outlines which are easier for assembly. These factors are anticipated to drive demand from various end-use industries including automotive & transportation across regions over the coming years.
Regional Analysis:
Asia Pacific dominated the global short glass fiber reinforced polypropylene market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from automotive, construction, and aerospace industries. China is one of the largest producers and consumers of SGFNPR in this region owing to easy availability of raw materials as well as skilled labor at low cost.
The Asia Pacific was followed by North America which accounted for a share of 22% in 2016 owing to high demand from end-use industries such as electrical & electronics, automotive, building & construction materials etc. U.S., Mexico are major manufacturing hubs for passenger cars while Canada produces both light weight vehicles (LLVs) and heavy weight vehicles (HVVs). As per an International Organization Of Motor Vehicle Manufacturers study; LLVs constitute more than 80% vehicle production in North America while HLVV make up less than 20%.
Growth Factors:
- Growing demand from the automotive industry for lightweight and fuel-efficient vehicles
- Increasing use of short glass fiber reinforced polypropylene in construction and infrastructure projects
- Rising demand from the electrical and electronics industry for components that require high strength-to-weight ratios
- Growing popularity of short glass fiber reinforced polypropylene among consumers due to its superior properties
- Technological advancements that are making it possible to produce short glass fiber reinforced polypropylene with improved performance characteristics
Scope Of The Report
Report Attributes
Report Details
Report Title
Short Glass Fiber Reinforced Polypropylene Market Research Report
By Type
Injection Molding, Extrusion Molding
By Application
Automotive, Aerospace, Electrical & Electronics, Construction, Others
By Companies
BASF, Lanxess, DSM, SABIC, PolyOne, DuPont, Solvay, Hexion, Celanese, RTP, SI Group, Sumitomo Bakelite, Evonik, Daicel, Kolon, Denka, Kingfa Science and Technology, Shanghai PRET Composites
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Short Glass Fiber Reinforced Polypropylene Market Report Segments:
The global Short 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
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:
- BASF
- Lanxess
- DSM
- SABIC
- PolyOne
- DuPont
- Solvay
- Hexion
- Celanese
- RTP
- SI Group
- Sumitomo Bakelite
- Evonik
- Daicel
- Kolon
- Denka
- Kingfa Science and Technology
- Shanghai PRET Composites
Highlights of The Short 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:
- 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 Short 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?
Short glass fiber reinforced polypropylene (SGR-PP) is a type of plastic that is made from short pieces of high-quality glass fibers that are bonded together with a resin. This type of plastic is often used in products that need to be strong and resistant to wear and tear, such as bottles, containers, and parts for cars.
Some of the key players operating in the short glass fiber reinforced polypropylene market are BASF, Lanxess, DSM, SABIC, PolyOne, DuPont, Solvay, Hexion, Celanese, RTP, SI Group, Sumitomo Bakelite, Evonik, Daicel, Kolon, Denka, Kingfa Science and Technology, Shanghai PRET Composites.
The short glass fiber reinforced polypropylene market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Short 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 Short Glass Fiber Reinforced Polypropylene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Short 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 Short 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 Short Glass Fiber Reinforced Polypropylene Market Size & Forecast, 2018-2028
4.5.1 Short Glass Fiber Reinforced Polypropylene Market Size and Y-o-Y Growth
4.5.2 Short Glass Fiber Reinforced Polypropylene Market Absolute $ Opportunity
Chapter 5 Global Short Glass Fiber Reinforced Polypropylene 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 Short Glass Fiber Reinforced Polypropylene 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 Short Glass Fiber Reinforced Polypropylene 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 Short Glass Fiber Reinforced Polypropylene Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Electrical & Electronics
6.2.4 Construction
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Short 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 Short 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 Short Glass Fiber Reinforced Polypropylene Analysis and Forecast
9.1 Introduction
9.2 North America Short Glass Fiber Reinforced Polypropylene 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 Short Glass Fiber Reinforced Polypropylene 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 Short Glass Fiber Reinforced Polypropylene Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Electrical & Electronics
9.10.4 Construction
9.10.5 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 Short Glass Fiber Reinforced Polypropylene Analysis and Forecast
10.1 Introduction
10.2 Europe Short Glass Fiber Reinforced Polypropylene 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 Short Glass Fiber Reinforced Polypropylene 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 Short Glass Fiber Reinforced Polypropylene Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Electrical & Electronics
10.10.4 Construction
10.10.5 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 Short Glass Fiber Reinforced Polypropylene Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Short Glass Fiber Reinforced Polypropylene 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 Short Glass Fiber Reinforced Polypropylene 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 Short Glass Fiber Reinforced Polypropylene Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Electrical & Electronics
11.10.4 Construction
11.10.5 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 Short Glass Fiber Reinforced Polypropylene Analysis and Forecast
12.1 Introduction
12.2 Latin America Short Glass Fiber Reinforced Polypropylene 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 Short Glass Fiber Reinforced Polypropylene 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 Short Glass Fiber Reinforced Polypropylene Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Electrical & Electronics
12.10.4 Construction
12.10.5 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) Short Glass Fiber Reinforced Polypropylene Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Short Glass Fiber Reinforced Polypropylene 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) Short Glass Fiber Reinforced Polypropylene 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) Short Glass Fiber Reinforced Polypropylene Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Electrical & Electronics
13.10.4 Construction
13.10.5 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 Short Glass Fiber Reinforced Polypropylene Market: Competitive Dashboard
14.2 Global Short Glass Fiber Reinforced Polypropylene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Lanxess
14.3.3 DSM
14.3.4 SABIC
14.3.5 PolyOne
14.3.6 DuPont
14.3.7 Solvay
14.3.8 Hexion
14.3.9 Celanese
14.3.10 RTP
14.3.11 SI Group
14.3.12 Sumitomo Bakelite
14.3.13 Evonik
14.3.14 Daicel
14.3.15 Kolon
14.3.16 Denka
14.3.17 Kingfa Science and Technology
14.3.18 Shanghai PRET Composites
