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The future of the long fiber thermoplastics (LFT) market in South Korea looks attractive with opportunities in the automotive, industrial, and consumer goods industries. The major drivers for this market are increasing demand for lightweight materials in various end use industries as well as its performance and process benefits, such higher strength to weight ratio, recyclability, and remoldablity.
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Emerging trends, which have a direct impact on the dynamics of the LFT market, include, development of polyamide based LFT/D-LFT for structural application and increasing use of bio based materials in LFT.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of LFT market in South Korea report download the report brochure.
Long Fiber Thermoplastics Market in South Korea by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Long Fiber Thermoplastics Market in
South Korea: 2014-2025 (US $M) (Randomized Data)
The study includes the market size and forecast for the LFT market in South Korea by end use industry, material form, reinforcement type, and resin type as follows:
LFT Market by End Use Industry [$M shipment analysis from 2014 to 2025]:
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Automotive
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Door Module
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Front End Module
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Instrumental Panel
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Running Board
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Underbody Shield
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Others
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Consumer Goods
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Industrial
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Others
LFT Market by Material Form [$M shipment analysis from 2014 to 2025:
LFT Market by Reinforcement Type [$M shipment analysis from 2014 to 2025]:
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Glass Fiber
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Carbon Fiber & Others
LFT Market by Resin Type [$M shipment analysis from 2014 to 2025]:
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Polypropylene
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Polyamide
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Others
Lucintel forecasts that LFRT will remain the largest segment by value and volume due to increasing demand in the automotive and industrial application. The D-LFT segment is expected to witness highest growth over the forecast period due to the growing in-line part fabrication in automotive industry.
Within LFT market, automotive will remain the largest segment and it is also expected to witness highest growth during the forecast period supported by growing automotive production and increasing focus on thermoplastic resin based composite materials. Door module, front end module, instrumental panel, running board, and underbody shield are some of the major applications of LFT in the automotive industry.
Some of the features of “Opportunities for the LFT Market in South Korea 2014-2025: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: LFT market size estimation in terms of value ($M) and volume (KT) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by end use industry, material form, reinforcement type, and resin type.
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Segmentation analysis: LFT market size by end use industry (automotive, consumer goods, industrial, and others), material form (LFRT and D-LFT), reinforcement type (glass fiber and carbon fiber & others), and resin type (polypropylene, polyamide, and others) in terms of value.
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Growth opportunities: Analysis on growth opportunities in different end use industry, material form, reinforcement type, and resin type in the LFT market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 7 key questions:
Q.1. How big are the opportunities for the LFT market in South Korea by end use industry (automotive, consumer goods, industrial, and others), material form (LFRT and D-LFT), reinforcement type (glass fiber and carbon fiber & others), and resin type (polypropylene, polyamide, and others)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting LFT market dynamics? What are the drivers and challenges of the market?
Q.4. What are the business risks and threats to the LFT market?
Q.5. What are emerging trends in this LFT market and the reasons behind them?
Q.6. What are some changing demands of customers in the LFT market?
Q.7. What are the new developments in the LFT market and which companies are leading these developments?