- Language: English
- 71 Pages
- Published: May 2009
- Region: Global
Worldwide LFRT Competitive Analysis and Leadership Study 2008
- Published: September 2008
- Region: Global
- 136 Pages
Long fiber reinforced thermoplastic composites (LFRTs) are one of the most dynamic and fastest growing materials in the plastics industry today. Although the materials have been around for several decades, advances in technology and increased acceptance in the automotive market have been the major driving forces for their rapid growth. LFRT competes with a wide range of materials, including short fiber reinforced engineering plastic, glass mat thermoplastic (GMT), sheet molding compound/ bulk molding compound (SMC/BMC), D-LFT and metals. This broad competitive arena will result in new applications and markets fueling continued growth.
Low cost producers will win most of the volume growth. This is inevitable with production overcapacity, high growth rates, automotive volume influence and savvy negotiations by buyers with knowledge of the benefits of LFT. Niche suppliers will seek margins in product differentiation. Not surprisingly, this current environment has attracted considerable attention from the investment community as well as potential customers interested in alternative materials. The LFT market is shifting from a seller 'push' to a buyer 'pull' situation. LFT is no longer an emerging technology, but neither is it mature. It is showing some elements of commoditization, however. Automotive end users, as well as Tier 1 suppliers are well aware of the benefits of LFT. Materials suppliers are repositioning their companies by developing innovative product marketing strategies. LFT suppliers are opening up manufacturing plants in high growth markets – China, Korea. For example, Ticona and RTP recently started domestic productions of LFT materials in China and SABIC opened up a plant in Korea.
The world's leading LFRT producers are also closely monitoring competitive activities in an attempt to navigate the landscape more adeptly and to capture as much share as possible. In virtually every respect, these producers are seeking to establish a tangible competitive advantage in the marketplace through the implementation of innovative strategies and creative product development capabilities.
Our Leadership Quadrant considers a variety of critical factors – from management effectiveness to product range to market strength to financial strength– and then ranks each firm accordingly on the grid for quick comparison. This report answers following key questions:
- What are the market shares of LFRT suppliers in automotive, industrial goods and consumer goods market?
- Who are the market leaders in various regions and what are their market shares?
- Which companies are more aligned with market opportunities and which companies have more ability to gain market share?
- What are the key differentiators for major LFRT suppliers?
- Which company has the widest product range and how the product mapping looks among various players?
- Which companies will gain market share and who will lose market shares in future?
Features of This New Report
The dynamics of the LFRT industry extends beyond routine macro-economic elements of supply and demand. It is the relationship between buyer's needs and seller's capabilities as well as the macroeconomic forces at work that affect the market. It is how well and how efficiently the sellers meet the needs of the buyers that determine long-term success. In our newest competitive research study on the world's leading LFRT producers, 'Worldwide LFRT Competitive Analysis and Leadership Study 2008', we thoroughly profile the following seven companies with detailed competitive assessments of the following organizations:
- SABIC Europe BV
The detailed analysis of each company offers a critical view into key strategic areas, including:
- LFRT producer target markets
- Key differentiators, strengths, competitors
- Product line overview, positioning, and mapping
- Market position in global LFRT business
- Revenue breakdown by market segments and regions
- Global manufacturing operations
- Innovation and market leadership
- Marketing, sales, and organizational capabilities
- Management commitment and track record
- Financial strength
Collected from a series of primary vendor interviews and secondary sources, we also provide our own scorecard for determining which of these companies is better aligned with future market opportunities and which has the ability to gain additional market share. Using its proprietary research methodology, we developed a comparative analysis named the Leadership Quadrant which identifies leaders and challengers in the LFRT industry. Leadership closely examined and rated each LFRT maker on two primary criteria as shown below:
1. Alignment with market opportunity
2. Ability to gain market share
Benefits of Report:
Our core competency is market research and management consulting. In the last 10 years, we have worked on hundreds of market research studies, and we do it better, faster and more cost effectively than others. Our market report offers following benefits:
- It saves you money, as compared to doing research in-house. ($80,000+)
- It saves you time. We deliver the report in hours vs. months of in-house data collection and report writing.
- It is an un-biased source of industry facts, intelligence and insights.
- It helps you make confident business decisions quickly.
Who Can Benefit From This Report?
The study is intended for material suppliers, compounders, parts fabricators, OEMs, investors, executives and consultants. The multi-client market studies from us are used by small to multi-national Fortune 500 companies and utilized for a variety of reasons:
- Business development
- Strategic planning
- Business presentation
- Competitive materials analysis
- Market Expansion
- Revenue Planning
- Decision Budgeting
We have been closely tracking and conducting research on and for the composites industry since 1998. This research project was designed for the purposes of determining which of the world's leading LFRT vendors are better positioned to capture additional market share in the near term and which may not have the strategic agility to remain fully competitive in the marketplace. In order to ensure fairness with our analysis, we compared several factors in order to align the current performance and, more importantly, the future prospects for each vendor.
This study is a culmination of 7 months of full-time effort performed by our analyst team. Our analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the world's leading LFRT suppliers as listed above.
- In-depth secondary research from financial statements and annual reports of the competitors
- Extensive search of current published literature, market and database information including industry news, company press releases, and customer intentions.
- A compilation of the experiences, judgments, and insights of our professional network, who have analyzed and tracked the composites marketplace for a decade.
We collect a significant amount of unintelligent data from a variety of sources and convert this into intelligent data as follows. The intelligent data is used by our clients for making confident business decisions. SHOW LESS READ MORE >
1 Competitive and leadership analysis
1.2 Research Methodology
1.3 LFRT Definitions
1.4 Competitive Analysis
1.4.1 Product Mapping: Breadth of Product Offerings
1.4.2 Industry Leaders in terms of Global Market Share
1.4.3 Industry Leaders in Various Market Segments
1.4.4 Industry Leaders in Various Regions
1.4.5 Production Capacity vs. Global Demand for LFRT
1.5 Leadership Quadrant Analysis
1.5.1 Leaders Quadrant (Top Right)
1.5.2 Challengers Quadrant (Bottom Right)
1.5.3 Visionaries (Top Left)
1.5.4 Niche Players (Lower Left)
1.6 Essential Guidance
2 Ticona profile
2.1 Company Overview
2.1.1 Celanese Corporation Company Description and Business Segments
2.1.2 Celanese Company Statistics
2.2 LFRT Business Overview
2.2.1 LFRT Business Segment
2.2.2 Key Differentiators and Strengths
2.3 Products and Product Positioning
2.3.1 LFRT Product Line Overview
2.3.2 Product positioning in market segments
2.4 Markets and Market Positioning
2.4.1 Market Position in the Global LFRT Business
2.4.2 Revenue Breakdown by Market Segments
2.4.3 Revenue Breakdown by Regions
2.5.1 Ticona Global Manufacturing Operations
2.6 Innovation and Market Leadership
2.7 Marketing, Sales, and Organizational Capabilities
2.7.1 Marketing and sales
2.7.2 Management commitment and track record
2.8 Financial Strength
3 SABIC EUROPE BV profile
3.1 Company Overview
3.1.1 SABIC Company Description and Business Segments
3.1.2 SABIC Company Statistics
3.2 Business Overview
3.2.1 LFRT Business Segment
3.2.2 Key Differentiators and Strengths
3.3 Products and Product Positioning
3.3.1 Product Line Overview
3.3.2 Product Positioning in Market Segments
3.4 Markets and Market Positioning
3.4.1 Market Position in Global LFRT Business
3.4.2 Revenue Breakdown by Market Segment
3.4.3 Revenue Breakdown by Region
3.5.1 SABIC Europe BV Global Manufacturing Plants
3.6 Innovation and Market Leadership
3.7 Marketing, Sales and Organizational Capabilities
3.7.1 Marketing and Sales
3.7.2 Management Commitment and Track Record
3.8 Financial Strength
4 SABIC INNOVATIVE PLASTICS profile
4.1 Company Overview
4.1.1 SABIC Company Description and Business Segments
4.1.2 SABIC Company Statistics
4.2 Business Overview
4.2.1 LFRT Business Segment
4.2.2 Key Differentiators and Strengths
4.3 Products and Product Positioning
4.3.1 LFRT Product Line Overview
4.3.2 Product Positioning in Market Segments
4.4 Markets and Market Positioning
4.4.1 Market Position in Global LFRT Business
4.4.2 Revenue Breakdown by Market Segments
4.4.3 Revenue Breakdown by Regions
4.5.1 SABIC IP Global Manufacturing Operations
4.6 Innovation and Market Leadership
4.7 Marketing, Sales, and Organizational Capabilities
4.7.1 Marketing and sales
4.7.2 Management commitment and track record
4.8 Financial Strength
5 RTP profile
5.1 Company Overview
5.1.1 RTP Company Description and Business Segments
5.1.2 RTP Company Statistics
5.2 LFRT Business Overview
5.2.1 LFRT Business Segment
5.2.2 Key Differentiators and Strengths
5.3 Products and Product Positioning
5.3.1 Product Line Overview
5.3.2 Product Positioning in Market Segmentation
5.4 Markets and Market Positioning
5.4.1 Market Position in Global LFRT Business
5.4.2 Revenue Breakdown by Market Segments
5.4.3 Revenue Breakdown by Regions
5.5.1 RTP Global Manufacturing Operations
5.6 Innovation and Market Leadership
5.7 Marketing, Sales, and Organizational Capabilities
5.7.1 Marketing and Sales
5.7.2 Management Commitment and Track Record
6 FACT profile
6.1 Company Overview
6.1.1 FACT Company Description and Business Segments
6.1.2 FACT Company Statistics
6.2 LFRT Business Overview
6.2.1 LFRT Business Segment
6.2.2 Key Differentiators and Strengths
6.3 Products and Product Positioning
6.3.1 LFRT Product Line Overview
6.3.2 Product positioning in market segments
6.4 Markets and Market Positioning
6.4.1 Market Position in the Global LFRT Business
6.4.2 Revenue Breakdown by Market Segments
6.4.3 Revenue Breakdown by Regions
6.5.1 FACT Global Manufacturing Operations
6.6 Innovation and Market Leadership
6.7 Marketing, Sales, and Organizational Capabilities
6.7.1 Marketing and sales
6.7.2 Management commitment and track record
6.8 Financial Strength
7 Chisso profile
7.1 Company Overview
7.1.1 Chisso Corporation Description and Business Segments
7.1.2 Chisso Corporation Statistics
7.2 Business Overview
7.2.1 Business Segment
7.2.2 Key Differentiators and Strengths
7.3 Products and Product Positioning
7.3.1 Product Line Overview and Mapping
7.3.2 Product positioning in market segments
7.4 Markets and Market Positioning
7.4.1 Market Position in Global LFRT Business
7.4.2 Revenue Breakdown by Market Segments
7.4.3 Revenue Breakdown by Regions
7.5.1 Chisso Global Manufacturing Operations
7.6 Innovation and Market Leadership
7.7 Marketing, Sales, and Organizational Capabilities
7.7.1 Marketing and sales
7.7.2 Management Commitment and Track Record
7.8 Financial Strength
8 TechnoCompound profile
8.1 Company Overview
8.1.1 TechnoCompound Company Description and Business Segments
8.1.2 TechnoCompound Corporation Statistics
8.2 Business Overview
8.2.1 LFRT Business Segment
8.2.2 Key Differentiators and Strengths
8.3 Products and Product Positioning
8.3.1 Product Line Overview and Mapping
8.3.2 Product positioning in market segments
8.4 Markets and Market Positioning
8.4.1 Market Position in Global Business
8.4.2 Revenue Breakdown by Market Segments
8.4.3 Revenue Breakdown by Regions
8.5.1 TechnoCompound Global Manufacturing Operations
8.6 Innovation and Market Leadership
8.7 Marketing, Sales, and Organizational Capabilities
8.7.1 Marketing and sales
8.7.2 Management Commitment and Track Record
8.8 Financial Strength
List of Figures
Fig. 1.1: Industry-wide LFRT Product Map based on fiber type.
Fig. 1.2: Industry-wide LFRT Product Map based on resin type.
Fig. 1.3: Industry-wide LFRT Product Map based on market segments.
Fig. 1.4: LFRT manufacturers' Global market shares in 2007.
Fig. 1.5: LFRT manufacturers' market share in Global Automotive market in 2007.
Fig. 1.6: LFRT manufacturers' market share in Global Industrial Goods market in 2007
Fig. 1.7: LFRT manufacturers' market share in Global Consumer Goods market in 2007.
Fig. 1.8: LFRT manufacturers' market share in North America in 2007.
Fig. 1.9: LFRT manufacturers' market share in Europe in 2007.
Fig. 1.10: LFRT manufacturers' market share in Asia and other in 2007.
Fig. 1.11: Relative positions of each LFRT manufacturer in four quadrants.
Figure 2.1: Ticona LFRT product line by type of resin and reinforcement.
Figure 2.2: Ticona LFRT product line offering by market segment
Figure 2.3: Ticona 2007 LFRT revenue by Market Segment
Figure 2.4 Ticona 2007 LFRT Share by Market Segment
Figure 2.5: Ticona LFRT product line offering by region
Figure 2.6: Ticona 2007 LFRT revenue by Region
Figure 2.7: Ticona 2007 LFRT market share by Region
Figure 2.8: Ticona LFRT Manufacturing Locations
Figure 3.1: SABIC Europe BV LFRT product line by type of resin and reinforcement.
Figure 3.2: SABIC Europe BV LFRT product line offering by market segment
Figure 3.3: SABIC Europe BV 2007 LFRT revenue by Market Segment
Figure 3.4 SABIC Europe BV 2007 LFRT Share by Market Segment
Figure 3.5: SABIC Europe BV LFRT product line offering by region
Figure 3.6: SABIC Europe BV 2007 LFRT revenue by Region
Figure 3.7: SABIC Europe BV 2007 LFRT market share by Region
Figure 3.8: SABIC Europe BV LFRT Manufacturing Locations
Figure 4.1: SABIC IP LFRT product line by type of fiber and type of resin.
Figure 4.2 SABIC IP LFRT product line by market segments
Fig. 4.3: SABIC IP LFRT revenues by Market Segment in 2007.
Fig. 4.4: Share of LFRT Market Segment Revenues by SABIC IP in 2007.
Fig. 4.5: SABIC IP’s LFRT Sales by Regions in 2007
Fig. 4.6: SABIC IP’s LFRT Market Share by Region in 2007
Fig. 4.7: SABIC IP LFRT Manufacturing Locations
Figure 5.1: RTP LFRT product line by type of reinforcement and resin.
Figure 5.2: RTP LFRT product line offering by market segment
Figure 5.3: RTP 2007 LFRT Revenues by Market Segment.
Figure 5.4: RTP 2007 LFRT Market Share by Market Segment
Figure 5.5: RTP 2007 LFRT Revenues by Region
Figure 5.6: RTP 2007 LFRT Market Share by Region
Figure 5.7: RTP’s LFRT Manufacturing Sites.
Figure 6.1: FACT LFRT product line by reinforcement and Resin
Figure 6.2: FACT LFRT product line offering by market segment
Figure 6.3: FACT 2007 LFRT Revenue by Market Segment
Figure 6.4 FACT 2007 LFRT Share by Market Segment
Figure 6.5: FACT LFRT product line offering by region
Figure 6.6: FACT 2007 LFRT revenue by Region
Figure 6.7: FACT 2007 LFRT market share by Region
Figure 6.8: FACT’s LFRT Manufacturing Location
Figure 7.1: Chisso’s product line by type of weave and reinforcement.
Figure 7.2: Chisso’s product line by market segments.
Figure 7.3: Chisso’s Revenues by Market Segment in 2007.
Figure 7.4: Share of LFRT by Market Segment Revenues by Chisso in 2007.
Figure 7.5: Chisso’s LFRT Sales by Regions in 2007
Figure 7.6: Chisso’s LFRT Market Share by Regions in 2007
Figure 7.7: Chisso LFRT Manufacturing Locations.
Figure 8.1 TechnoCompound’s product line by type of resin matrix and reinforcement.
Figure 8.2. TechnoCompound’s product line by market segments
Figure 8.3: TechnoCompound’s Revenues by Market Segment in 2007.
Figure 8.4: Share of Market Segment Revenues by TechnoCompound in 2007.
Figure 8.5: TechnoCompound’s Sales by Regions in 2007
Figure 8.6: TechnoCompound’s Market Share by Regions in 2007
Figure 8.7: TechnoCompound’s Manufacturing Locations
List of Tables
Table 1.1 Properties of various LFRT materials.
Table 1.2: Ranking of suppliers based on LFRT revenue
Table 1.3: Ranking of leaders in Automotive, Industrial goods, and Consumer Goods
Table 1.4: Ranking of leaders in North America, Europe and Asia.
Table 1.5 LFRT Leaders’ Manufacturing Sites
Table 1.6: Major parameters for Lucintel’s leadership quadrant analysis
Table 2.1: Celanese Revenues and Operating Income Trends
Table 3.1: SABIC Revenues and Operating Income Trends
Table 4.1: SABIC Revenues and Operating Income Trends
Table 8.1: TechnoCompound Revenues Trends
- SABIC EUROPE BV
- SABIC INNOVATIVE PLASTICS