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Long fiber reinforced thermoplastic (LFRT) composites are becoming the product of choice for many structural automotive applications due to their excellent mechanical properties, light weight, low cost and recyclability, according to Profit Opportunities in Long Fiber Reinforced Thermoplastic Composites, a study by BRG Townsend, Inc. (BRG) available next month. Global consumption of these materials is expected to exceed 100 million lb in 2001.
“”LFRT is one of the fastest growing segments of the plastics market in North America and Europe, experiencing 30% per year growth, over the last decade,”” says Robert Constable, Project Manager, BRG. “”The industry has seen a rapid influx of new process technologies that are allowing for lower cost production and longer fiber lengths. Development of new large-part applications in the automotive market will continue to drive the growth of these materials.””
Profit Opportunities in Long Fiber Reinforced Thermoplastic Composites analyzes the LFRT market, including consumption for the year 2000 with growth patterns and forecasts through 2003 by region, market and resin. The study examines existing markets, emerging technologies, competing business models and comparative manufacturing economics.
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