"According to a new country report published by Lucintel, the future of the long fiber thermoplastics (LFT) market in the United States looks attractive with opportunities in the automotive, industrial, and consumer goods industries. The LFT market in the United States is primarily driven by 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.

This report studies factors affecting the LFT market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that LFRT will remain the largest segment by value and volume due to increasing demand in the automotive and industrial application. Within the LFT market in the United States, 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.

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.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the LFT market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Long Fiber Thermoplastics Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the LFT market in the United States 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]:
• Automotive
>Door Module
>Front End Module
>Instrumental Panel
>Running Board
>Underbody Shield
>Others
• Consumer Goods
• Industrial
• Others

LFT Market by Material Form [$M shipment analysis from 2014 to 2025:
• LFRT
• D-LFT

LFT Market by Reinforcement Type [$M shipment analysis from 2014 to 2025]:
• Glass Fiber
• Carbon Fiber & Others

LFT Market by Resin Type [$M shipment analysis from 2014 to 2025]:
• Polypropylene
• Polyamide
• Others

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/long-fiber-thermoplastics.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "