FACTS AT A GLANCE
Edition: 19; Released: April 2021
Executive Pool: 7032
Companies: 89 – Players covered include 3B Fiberglass Company; A. Schulman Inc.; BASF SE; China Jushi Co. Ltd.; Chongqing Polycomp International Corporation (CPIC); Continental Structural Plastics Inc.; Core Molding Technologies Inc.; Dow Inc.; DowAksa Advanced Composites Holdings BV; Fiber Reinforced Plastics (NZ) Ltd.; Fiberset Inc.; Hanwha Advanced Materials Corporation; Haysite Reinforced Plastics; Hexcel Corporation; Kuraray Co. Ltd.; McClarin Plastics LLC; Mitsubishi Chemical Corporation; Owens Corning Inc.; PolyOne Corporation; PPG Industries Inc.; SGL Group – The Carbon Company; Solvay S.A.; Taishan Fiberglass Inc.; Teijin Ltd.; Toho Tenax Co. Ltd.; Toray Industries Inc.; Washington Penn Plastic Co. Inc. and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Transportation, Construction, Electrical & Electronics, Consumer Products, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Reinforced Plastics Market to Reach 9.9 Million Tons by 2026
Amid the COVID-19 crisis, the global market for Reinforced Plastics estimated at 7.7 Million Tons in the year 2020, is projected to reach a revised size of 9.9 Million Tons by 2026, growing at a CAGR of 4.3% over the analysis period. Transportation, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach 3.3 Million Tons by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Construction segment is readjusted to a revised 4.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at 2.4 Million Tons in 2021, While China is Forecast to Reach 1.8 Million Tons by 2026
The Reinforced Plastics market in the U.S. is estimated at 2.4 Million Tons in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of 1.8 Million Tons by the year 2026 trailing a CAGR of 4% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 3.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Electrical & Electronics Segment to Reach 1.5 Million Tons by the year 2026
In the global Electrical & Electronics segment, USA, Canada, Japan, China and Europe will drive the 3.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of 934.4 Thousand Tons in the year 2020 will reach a projected size of 1.2 Million Tons by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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