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Growth Opportunities in Thermoplastic Composites in the Asian Consumer Goods Market

Thermoplastic composites in the Asian consumer goods market are expected to reach an estimated $1.5 billion by 2022.

22nd September 2017

Innovation in Textiles
 | 

Transport/​Aerospace, Sports/​Outdoor

Report summary

The future of thermoplastic composites in the Asian consumer goods market looks promising with opportunities in circuit breakers, power tools, appliances, and furniture applications. Thermoplastic composites in the Asian consumer goods market are expected to reach an estimated $1.5 billion by 2022 and grow at a CAGR of 4.3% from 2017 to 2022. The major drivers for the growth of this market are growing demand for consumer goods in the region and performance benefits of reinforced thermoplastics over traditional materials; these benefits include weight savings, recyclability, and resistance to moisture and chemicals.

Emerging trends, which have a direct impact on the dynamics of thermoplastic composites in the Asian consumer goods industry include continuous innovation and development of new products and applications and establishment of manufacturing facilities in high growth markets.

A total of 57 figures / charts and 48 tables are provided in this 140-page report to help in your business decisions.

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Growth Opportunities in Thermoplastic Composites in the Asian Consumer Goods Market

140 pages, print format

Publication date: May 2017

Publisher: Lucintel

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