Glass Felt
Thermoplastic Resin Market
Glass Felt Thermoplastic Resin Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Glass Felt Thermoplastic Resin Market Size and Growth
The Glass Felt Thermoplastic Resin market is witnessing significant growth, driven by increasing demand in automotive and construction sectors. The market size is projected to reach approximately USD 1.2 billion by 2025, with a compound annual growth rate (CAGR) of around 6.5%. Key trends include innovation in manufacturing processes and enhancing material properties.
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Companies Covered
(Covid 19 Impact Covered)
◍ SABIC
◍ Celanese Corporation
◍ BASF
◍ Toray
◍ Cytec Industries
◍ Quadrant Plastic Composites
◍ JFE Chemical Corporation
◍ Royal DSM
◍ Tokuyama Corporation
◍ Royal Ten Cate NV
◍ Hanwha Advanced Materials
The Glass Felt Thermoplastic Resin Market features key players like SABIC, Celanese, and BASF, focusing on sustainable solutions and innovation. These companies leverage advanced technologies to develop highperformance materials, enhancing applications in automotive and construction. Their contributions boost market growth through product diversification and strategic partnerships.
- SABIC: $40 billion (2022)
- BASF: $87 billion (2022)
- Celanese: $8.1 billion (2022)
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Market Segmentation
By Application
By Product
Long Fiber Thermoplastic ◍ Transport ◍ Consumer Goods
◍ Electronic and Electrical ◍ Aerospace and Defense ◍ Other
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Short Fiber Thermoplastic
Market Growth
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$ X Billion USD
