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QYResearch: The production of Short Fiber Reinforced Thermoplastic Composite is anticipated to reach 7501 K MT by 2022

http://www.qyresearchglobal.com/goods-675098.html The Global Short Fiber Reinforced Thermoplastic Composite Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Short Fiber Reinforced Thermoplastic Composite industry.

QYR In terms

QYR In terms of revenue, the global Short Fiber Reinforced Thermoplastic Composite market was valued 11220.85 million USD in 2016, and is estimated to be worth 12531.92 million USD by 2022. In terms of volume, the production of Short Fiber Reinforced Thermoplastic Composite was about 5356 K MT in 2016. And it is anticipated to reach 7501 K MT by 2022. Europe is the dominate producer of Short Fiber Reinforced Thermoplastic Composite, the production was 1835 K MT in 2016, accounting for about 34.26% of the total amount, followed by North America, with the production market share of 29.95%. China has the highest production growth rate of 8.28% from 2012 to 2016. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved. Leading players in Short Fiber Reinforced Thermoplastic Composite industry are BASF, Dupont, SABIC, Rhodia. BASF is the largest manufacturer, with the production market share of 9.17% in 2016. The top four companies occupied about 30.88% production share of the market in 2016.

QYR Automotive accounted for the largest market with about 32.71% of the global consumption volume for Short Fiber Reinforced Thermoplastic Composite in 2016. Moreover, it is anticipated to grow at a CAGR of 5.83% from 2017 to 2022. With over 24.84% share in the Short Fiber Reinforced Thermoplastic Composite market, Aerospace/Aviation was the second largest application market in 2016, and is anticipated to grow at a CAGR of 5.88%, in terms of consumption volume, from 2017 to 2022.

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