Japan Short Fiber Reinforced Thermoplastic Composites Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.9 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
In Japan, the automotive sector is a significant application area for short fiber reinforced thermoplastic composites (SFRTP). These composites offer numerous benefits, including high strength-to-weight ratio, impact resistance, and cost-effectiveness, making them ideal for various automotive components. The use of SFRTP in automotive applications helps improve fuel efficiency and performance by reducing the overall weight of the vehicle. Components such as interior panels, bumpers, and under-the-hood parts are increasingly being manufactured with these materials. The growing demand for lightweight and durable automotive parts drives the expansion of the SFRTP market in this sector. Additionally, advancements in composite technologies continue to enhance the performance and versatility of automotive parts, further boosting market growth.
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BASF
DSM
DuPont
Lanxess
SABIC
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Short Fiber Reinforced Thermoplastic Composites Market
Transportation
Consumer Goods
Electrical and Electronics
Others
Based on Types the Market is categorized into Below types that held the largest Short Fiber Reinforced Thermoplastic Composites market share In 2023.
Polyamide (PA)
Polypropylene (PP)
Polybutylene Terephthalate (PBT)
Others
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Japan Short Fiber Reinforced Thermoplastic Composites Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Short Fiber Reinforced Thermoplastic Composites Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Short Fiber Reinforced Thermoplastic Composites Market, By Type
6. Japan Short Fiber Reinforced Thermoplastic Composites Market, By Application
7. Japan Short Fiber Reinforced Thermoplastic Composites Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Short Fiber Reinforced Thermoplastic Composites Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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