The future of thermoplastic composites in the European consumer goods market looks promising with opportunities in circuit breakers, power tools, appliances, and furniture. Thermoplastic composites in the European consumer goods market are expected to reach an estimated $1.2 billion by 2022 and are forecast to grow at a CAGR of 2.0% from 2017 to 2022.
Emerging trends, which have a direct impact on the dynamics of the thermoplastic composites in the European consumer goods industry, include the increasing use of thermoplastic composites in new applications and growing inter-material competition.
On the basis of comprehensive research, the researcher forecasts that the appliances and furniture applications are expected to show above average growth during the forecast period.
By material type, short fiber reinforced thermoplastic (SFT) composites are expected to remain the largest market for thermoplastic composites in the European consumer goods market in value shipment because they offer versatility in processing.
By resin type, polypropylene (PP) based thermoplastic composites in the European consumer goods market are expected to remain the most widely-used thermoplastic composite by both value and volume.
Key Topics Covered:
1. Executive Summary
2. Thermoplastic Composites in the European Consumer Goods Market Dynamics
3. Market Trends and Forecast Analysis from 2011 to 2022