LFT for Automobile, China Market Size Forecast, Top 5 Players Rank and Market Share (Business Opportunities - Marketing & Sales)
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LFT for Automobile, China Market Size Forecast, Top 5 Players Rank and Market Share | |
LFT for Automobile Market Summary Long fiber reinforced thermoplastic composites (LFT) refer to long fibers impregnated with a special resin system through a special mold to obtain long strips fully infiltrated by the resin, and then cut into required lengths as required. Long Fiber Thermoplastics (LFT) is a type of easily mouldable thermoplastic used to create a variety of components used primarily in the automotive industry. Using LFT reinforcements in the thermoplastic composite process enables molders to produce structural and semi-structural parts, compounding the fiber glass in line with injection or compression molding techniques. According to the new market research report “China LFT for Automobile Market Insights, Forecast to 2029”, published by QYResearch, the global LFT for Automobile market size is projected to reach USD 393.8 million by 2029, at a CAGR of 8.6% during the forecast period. Based on the product types, LFT for Automobile is divided into GMT, LFT-G and LFT-D. Among them, GMT holds a larger market with share of 41.9% in 2022. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com  | |
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2024-05-03 (0.253 sec)