According to a market report by Lucintel, the future of the global thermoplastic composite for the industria market looks promising with opportunities in the pump component, plate and tube stock, enclosure, shipping pallet, and machinery shielding markets. The global thermoplastic composite for the industria market is expected to grow with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increasing demand for lightweight and high-performance materials in industrial sectors, growing focus on sustainability and recyclability, and advancements in manufacturing technologies enhance efficiency and reduce production costs.
A more than 150-page report to understand trends, opportunity and forecast in thermoplastic composite for the industria market to 2030 by fiber type (glass fiber, carbon fiber, and others), resin type (PP, PA,PBT, others, and), material type (SFT, LFT, GMT, and CFT), application (pump components, plate and tube stock, enclosures, shipping pallets, machinery shielding, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the fiber type category, glass fiber is expected to witness the highest growth over the forecast period.
Within the application category, pump component will remain the largest segment.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period.
Qorvo, Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo Electric Industries, Win Semiconductors are the major suppliers in the thermoplastic composite for the industria market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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