The LFT market could not escape from such a distressing scenario and logged a massive decline of -12% in 2020 amid the pandemic. However; the industry stakeholders are expecting a quick recovery in some regional markets. The recovery from the disruption brought by the COVID-19 pandemic is expected to start from 2021. It is anticipated that the market will cross its 2019-sales figure in 2022 only, marking a consistent growth during the forecast period. Overall, the LFT market is likely to rebound at a promising CAGR of 4.4% in the long run to reach US$ 1,353 Million in 2026.
Source: https://www.stratviewresearch.com/793/long-fiber-thermoplastics-market.html
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