Market Overview:
The global short glass fiber thermoplastic market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for lightweight and high-performance materials in automotive, aerospace, electrical and electronics, construction, and other applications. In addition, the growing demand for green vehicles is also contributing to the growth of this market.
Product Definition:
Short Glass Fiber thermoplastic is a composite material made of short glass fibers and a thermoplastic resin. It is used for making parts that need to be strong and stiff, such as automotive body panels.
Injection Molding:
Injection molding is a process of converting solid materials into plastic or semi-solid form by injecting them into a heated barrel. The molten plastic is then forced through metal dies to obtain the desired shape. This technology has been used for decades and has gained popularity due to its cost effectiveness, ease of use and high efficiency in producing complicated shapes that would be difficult or impossible to make using other technologies such as vacuum forming, compression molding and transfer molding among others.
Extrusion Molding:
Extrusion molding is a manufacturing process used to create three-dimensional solid objects from plastic or other materials. The process works by forcing the molten material through a series of rollers and then into an open-ended barrel, which shapes it into the desired product.
Application Insights:
The global short glass fiber thermoplastic market is segmented on the basis of application into automotive, aerospace, electrical and electronics, construction, and others. The automotive application segment accounted for a share of over 30% in 2017 owing to increasing demand for lightweight materials with superior mechanical properties. Furthermore, stringent regulations regarding vehicle safety are promoting the use of glass fibers in vehicle manufacturing.
The product is used as an alternative to asbestos in friction products such as brake pads and clutch plates owing to its superior characteristics including high thermal stability (Tg), low level of Asbestos-related Diseases (ARD), high strength-to-weight ratio (S/W) ratio along with ease of processing makes it a preferred material over other synthetic alternatives such as polypropylene or aramid fiber products.
Regional Analysis:
Asia Pacific dominated the global short glass fiber thermoplastic market in 2016 and is expected to continue its dominance over the forecast period. The region is projected to grow at a CAGR of XX% from 2017 to 2030 owing to increasing demand for automotive, construction, and consumer goods applications in emerging economies such as China, India, Indonesia, Malaysia Philippines Thailand Vietnam among others.
The Asia Pacific was followed by North America which accounted for 24% of total revenue share in 2016 on account of high product utilization across end-use industries such as aerospace & defense (18%) and electrical & electronics (6%). The U.S., being one of the major aircraft manufacturers is projected to play an important role in promoting industry growth through increased production levels over the next eight years or so which would subsequently drive product consumption levels across this region during the forecast period.
Growth Factors:
- Increasing demand from end-use industries: The global short glass fiber thermoplastic market is witnessing a significant growth due to the increasing demand from various end-use industries such as automotive, construction, and electrical & electronics.
- Growing popularity of lightweight vehicles: The growing popularity of lightweight vehicles is another major factor driving the growth of the global short glass fiber thermoplastic market. These materials are being increasingly used in the production of light weight vehicles as they offer better fuel efficiency and performance.
- Rising awareness about environmental benefits: There is a growing awareness among consumers about the environmental benefits offered by short glass fiber thermoplastics products over traditional materials such as metals and composites. This is likely to boost demand for these products in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Short Glass Fiber Thermoplastic Market Research Report
By Type
Injection Molding, Extrusion Molding
By Application
Automotive, Aerospace, Electrical and 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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Short Glass Fiber Thermoplastic Market Report Segments:
The global Short Glass Fiber Thermoplastic 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 and 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 Thermoplastic 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 and 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 Thermoplastic 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?
Some of the major players in the short glass fiber thermoplastic 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 thermoplastic market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Short Glass Fiber Thermoplastic 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 Thermoplastic Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Short Glass Fiber Thermoplastic 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 Thermoplastic 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 Thermoplastic Market Size & Forecast, 2018-2028
4.5.1 Short Glass Fiber Thermoplastic Market Size and Y-o-Y Growth
4.5.2 Short Glass Fiber Thermoplastic Market Absolute $ Opportunity
Chapter 5 Global Short Glass Fiber Thermoplastic 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 Thermoplastic 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 Thermoplastic 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 Thermoplastic Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Electrical and Electronics
6.2.4 Construction
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Short Glass Fiber Thermoplastic 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 Thermoplastic 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 Thermoplastic Analysis and Forecast
9.1 Introduction
9.2 North America Short Glass Fiber Thermoplastic 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 Thermoplastic 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 Thermoplastic Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Electrical and 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 Thermoplastic Analysis and Forecast
10.1 Introduction
10.2 Europe Short Glass Fiber Thermoplastic 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 Thermoplastic 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 Thermoplastic Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Electrical and 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 Thermoplastic Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Short Glass Fiber Thermoplastic 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 Thermoplastic 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 Thermoplastic Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Electrical and 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 Thermoplastic Analysis and Forecast
12.1 Introduction
12.2 Latin America Short Glass Fiber Thermoplastic 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 Thermoplastic 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 Thermoplastic Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Electrical and 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 Thermoplastic Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Short Glass Fiber Thermoplastic 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 Thermoplastic 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 Thermoplastic Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Electrical and 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 Thermoplastic Market: Competitive Dashboard
14.2 Global Short Glass Fiber Thermoplastic 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
