封面
市場調查報告書
商品編碼
1561435

2024-2032 年按纖維類型、產品(熱塑性玻璃纖維氈、先進熱塑性複合材料)、樹脂類型(聚丙烯、聚醯胺、聚醚醚酮等)、最終用戶產業和地區分類的熱塑性複合材料市場報告

Thermoplastic Composites Market Report by Fiber Type, Product (Glass Mat Thermoplastics, Advanced Thermoplastic Composites ), Resin Type (Polypropylene, Polyamide, Polyether ether ketone, and Others), End User Industry, and Region 2024-2032

出版日期: | 出版商: IMARC | 英文 149 Pages | 商品交期: 2-3個工作天內

價格

2023年全球熱塑性複合材料IMARC Group規模達183億美元。由於對輕質和高強度產品的需求不斷成長、人們對產品耐用性和耐腐蝕性的認知不斷提高、成本效益和工藝效率不斷提高、對環境永續性的高度關注以及材料的持續創新,市場正在見證強勁成長。

熱塑性複合材料市場分析:

  • 市場成長與規模:在汽車產業對輕質材料的需求不斷成長、對永續性的日益重視以及各行業廣泛採用產品的推動下,市場正在穩定成長。
  • 主要市場促進因素:影響市場成長的主要促進因素包括對輕質和高強度產品不斷成長的需求、對產品耐用性和耐腐蝕性的認知不斷提高、成本效益和工藝效率的提高以及材料技術的持續創新。
  • 主要市場趨勢:主要市場趨勢包括日益關注材料技術的客製化和創新以及旨在提高複合材料性能的持續研發(R&D)工作。此外,航空航太和高性能產業擴大採用先進熱塑性複合材料(ATC),也推動了市場的成長。
  • 地理趨勢:亞太地區因其蓬勃發展的汽車和建築業而引領市場。在強大的汽車和航空航太工業的推動下,其他地區也出現了顯著的成長。
  • 競爭格局:市場的特點是主要參與者積極參與,重點關注研發 (R&D)、擴張和永續發展舉措,以保持競爭優勢。此外,公司正在參與策略合作夥伴關係、收購和以客戶為中心的方法,以提供客製化解決方案並擴大其全球影響力。
  • 挑戰與機會:市場面臨各種挑戰,例如製造和加工設備的初始投資較高以及對熟練勞動力的需求。然而,醫療和電子等利基應用對熱塑性複合材料的需求不斷成長,以及對更永續和更有效率的製造流程的持續追求,正在為市場成長創造新的機會。

熱塑性複合材料市場趨勢:

對輕量化和高強度產品的需求不斷成長

汽車和航空航太等行業對輕質和高強度產品的需求不斷成長,是推動市場成長的主要因素之一。此外,熱塑性複合材料能夠取代金屬等傳統材料,從而提高汽車行業的燃油效率並減少排放,從而推動市場成長。同時,航空航太業不斷成長的產品需求,因為它有助於提高燃油經濟性和增加有效載荷能力,正在為市場創造積極的前景。除此之外,熱塑性複合材料在貨物運輸中的廣泛採用,因為配備該產品的輕型卡車和拖車減少了燃料消耗,正在推動市場成長。此外,對具有優異強度重量比的材料的需求增加也有利於市場成長。

提高對產品耐用性和耐腐蝕性的認知

熱塑性複合材料不斷提高的耐用性和耐腐蝕性是促進市場成長的主要因素。此外,熱塑性複合材料在橋樑和基礎設施建築領域的應用不斷增加,以確保使用壽命並降低維護成本,正在促進市場成長。此外,海洋領域對船體和海上結構的產品需求不斷成長,因為它們耐鹽水和耐腐蝕,正在加強市場成長。除此之外,由於熱塑性複合材料的非反應性,化學工業中處理腐蝕性化學品的設備和管道廣泛採用熱塑性複合材料,這也是一個成長誘導因素。

人們對熱塑性複合材料的成本效益和製程效率的認知不斷提高

與金屬鑄造等傳統方法相比,射出和熱成型等熱塑性複合材料的製造流程可減少生產週期時間和材料浪費,並有利於市場成長。此外,由於熱塑性複合材料的回收和再利用的可回收性,擴大採用熱塑性複合材料,這推動了市場的成長。除此之外,他們最佳化生產流程和降低費用的能力是推動市場成長的一個引人注目的因素。同時,熱塑性複合材料的應用不斷成長,由於重量減輕,有助於降低運輸成本,從而促進了市場的成長。除此之外,將複合材料模製成複雜形狀和結構的便利性,從而減少材料浪費,支撐了市場的成長。

對環境永續性的擔憂不斷升級

人們對環境永續性的日益關注,推動了熱塑性複合材料的採用,因為其可回收性和減少的碳足跡,正在成為成長的誘導因素。此外,汽車和包裝等行業為實現永續發展目標並減少對環境的影響而不斷增加的產品利用率正在加強市場成長。同時,嚴格的環境法規的實施,鼓勵製造商採用熱塑性複合材料,因為它有助於公司遵守和加強其對環保實踐的承諾,正在促進市場的成長。此外,與鋼和鋁等傳統材料相比,由於產品的可回收性和製造過程中能耗的降低,產品利用率不斷提高,從而促進了市場成長。

材料技術的快速創新

隨著研究人員和製造商開發新配方和材料性能以滿足不斷變化的行業需求,熱塑性複合材料的不斷創新正在刺激市場成長。與此一致的是,碳纖維和玻璃纖維等增強材料的快速進步有助於提高熱塑性複合材料的機械性能,這對市場成長產生了積極影響。此外,將熱塑性材料與其他增強元素相結合的混合複合材料的開發正在擴大市場成長。除此之外,耐熱性、阻燃性和耐化學性得到改善的熱塑性基體不斷進步,將應用範圍擴大到電子和電氣元件等產業,正在推動市場成長。

目錄

第1章:前言

第 2 章:範圍與方法

  • 研究目的
  • 利害關係人
  • 數據來源
    • 主要來源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章:執行摘要

第 4 章:簡介

  • 概述
  • 主要行業趨勢

第 5 章:全球熱塑性複合材料市場

  • 市場概況
  • 市場表現
  • COVID-19 的影響
  • 市場預測

第 6 章:市場細分:依纖維類型

  • 玻璃纖維
    • 市場趨勢
    • 市場預測
  • 碳纖維
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 7 章:市場區隔:依產品

  • 玻璃纖維氈熱塑性塑膠 (GMT)
    • 市場趨勢
    • 市場預測
  • 先進熱塑性複合材料 (ATC)
    • 市場趨勢
    • 市場預測

第 8 章:市場區隔:依樹脂類型

  • 聚丙烯(PP)
    • 市場趨勢
    • 市場預測
  • 聚醯胺 (PA)
    • 市場趨勢
    • 市場預測
  • 聚醚醚酮(PEEK)
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 9 章:市場區隔:按最終用戶產業

  • 汽車
    • 市場趨勢
    • 市場預測
  • 航太和國防
    • 市場趨勢
    • 市場預測
  • 石油和天然氣
    • 市場趨勢
    • 市場預測
  • 建造
    • 市場趨勢
    • 市場預測
  • 醫療的
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 10 章:市場區隔:按地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場趨勢
    • 市場細分:按國家/地區
    • 市場預測

第 11 章:SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 12 章:價值鏈分析

第 13 章:波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 14 章:價格分析

第15章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Arkema
    • Avient Corporation
    • BASF SE
    • Celanese Corporation
    • DuPont de Nemours Inc.
    • Hexcel Corporation
    • Koninklijke DSM NV
    • Lanxess AG
    • Mitsubishi Chemical Advanced Materials (Mitsubishi Chemical Holdings Corporation)
    • PPG Industries Inc.
    • SABIC (Saudi Arabian Oil Co.)
    • Solvay
Product Code: SR112024A4587

The global thermoplastic composites market size reached US$ 18.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 29.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032. The market is witnessing robust growth, driven by the growing demand for lightweight and high-strength products, increasing awareness about product durability and resistance to corrosion, rising cost-effectiveness and process efficiency, heightened focus on environmental sustainability, and the ongoing innovations in material technology.

Thermoplastic Composites Market Analysis:

  • Market Growth and Size: The market is witnessing stable growth, driven by the increasing automotive industry's demand for lightweight materials, rising emphasis on sustainability, and widespread product adoption in various industries.
  • Major Market Drivers: Key drivers influencing the market growth include the growing demand for lightweight and high-strength products, increasing awareness about product durability and resistance to corrosion, rising cost-effectiveness and process efficiency, and the ongoing innovations in material technology.
  • Key Market Trends: The key market trends involve the rising focus on customization and innovation in material technology and continuous research and development (R&D) efforts aimed at improving composites' properties. Additionally, the increasing adoption of advanced thermoplastic composites (ATC) in the aerospace and high-performance industries is bolstering the market growth.
  • Geographical Trends: Asia Pacific leads the market due to its thriving automotive and construction sectors. Other regions are also showing significant growth, fueled by the presence of strong automotive and aerospace industries.
  • Competitive Landscape: The market is characterized by the active involvement of key players that are focusing on research and development (R&D), expansion, and sustainability initiatives to maintain their competitive edge. Furthermore, companies are engaging in strategic partnerships, acquisitions, and customer-centric approaches to provide customized solutions and broaden their global presence.
  • Challenges and Opportunities: The market faces various challenges, such as high initial investment for manufacturing and processing equipment and the need for skilled labor. However, the growing demand for thermoplastic composites in niche applications, such as medical and electronics, and the ongoing pursuit of more sustainable and efficient manufacturing processes are creating new opportunities for the market growth.

Thermoplastic Composites Market Trends:

Growing demand for lightweight and high-strength products

The increasing demand for lightweight and high-strength products in industries, such as automotive and aerospace, is one of the major factors propelling the market growth. Moreover, the ability of thermoplastic composites to replace traditional materials like metals, resulting in enhanced fuel efficiency and reduced emissions in the automotive sector, is propelling the market growth. Along with this, the growing product demand in the aerospace industry, as it contributes to improved fuel economy and increased payload capacity, is creating a positive outlook for the market. Besides this, the widespread adoption of thermoplastic composites in the transportation of goods, as lighter trucks and trailers equipped with the product experience reduced fuel consumption, is boosting the market growth. Additionally, the heightened demand for materials that offer superior strength-to-weight ratios is favoring the market growth.

Increasing awareness about product durability and resistance to corrosion

The rising durability and resistance to corrosion offered by thermoplastic composites are a major factor contributing to the market growth. Additionally, the rising application of thermoplastics composites in the construction sector for bridges and infrastructure to ensure longevity and reduce maintenance costs, is enhancing the market growth. Moreover, the growing product demand in the marine sector for boat hulls and offshore structures, due to their resistance to saltwater and corrosion, is strengthening the market growth. In addition to this, the widespread adoption of thermoplastic composites in the chemical industry for equipment and pipelines that handle corrosive chemicals, owing to their non-reactive nature, is acting as a growth-inducing factor.

Rising awareness about cost-effectiveness and process efficiency of thermoplastic composites

The manufacturing processes for thermoplastic composites, such as injection molding and thermoforming, offer reduced production cycle times and material wastage compared to traditional methods like metal casting, favoring the market growth. Moreover, the increasing adoption of thermoplastic composites due to their recyclability as they are reclaimed and reused is bolstering the market growth. Besides this, their ability to optimize production processes and reduce expenses is a compelling factor that is driving the market growth. Along with this, the growing application of thermoplastic composites, as they contribute to lower transportation costs due to their reduced weight, is fostering the market growth. Besides this, the ease of molding the composites into complex shapes and structures, which results in less material wastage, is supporting the market growth.

Escalating concerns about environmental sustainability

The growing concerns about environmental sustainability, driving the adoption of thermoplastic composites due to their recyclability and reduced carbon footprint, are acting as a growth-inducing factor. Moreover, the burgeoning product utilization in industries, such as automotive and packaging to meet sustainability goals and reduce their environmental impact is strengthening the market growth. Along with this, the implementation of stringent environmental regulations, encouraging manufacturers to adopt thermoplastic composites, as it aids companies in complying and reinforcing their commitment to eco-friendly practices, is contributing to the market growth. Furthermore, the rising product utilization due to their recyclability and reduced energy consumption during manufacturing compared to traditional materials like steel and aluminum, is enhancing the market growth.

Rapid innovations in material technology

The continuous innovations in thermoplastic composite material as researchers and manufacturers develop new formulations and material properties to meet the evolving industry demand are stimulating the market growth. In line with this, rapid advancements in reinforcement materials, such as carbon fiber and glass fiber, that contribute to improved mechanical properties of thermoplastic composites are positively impacting the market growth. Additionally, the development of hybrid composites, which combine thermoplastic materials with other reinforcing elements, is broadening the market growth. Besides this, the rising advancements in thermoplastic matrices with improved heat resistance, flame retardancy, and chemical resistance that expand the application scope to industries like electronics and electrical components are boosting the market growth.

Thermoplastic Composites Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on fiber type, product, resin type, and end user industry.

Breakup by Fiber Type:

  • Glass Fiber
  • Carbon Fiber
  • Others

Glass fiber accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the fiber type. This includes glass fiber, carbon fiber, and others. According to the report, glass fiber represented the largest segment.

Glass fiber-based thermoplastic composites hold the dominant position in the market due to their widespread use in various industries, such as automotive and construction. They are valued for their cost-effectiveness, excellent strength-to-weight ratio, and versatility. In line with this, the growing product application in the automotive sector for manufacturing components, like automotive panels, interior parts, and under-the-hood applications, is favoring the market growth. Moreover, the growing reliance in the construction industry on glass fiber composites for reinforcing materials like rebar and construction panels, enhancing structural integrity while reducing maintenance needs, is boosting the market growth.

Carbon fiber-based thermoplastic composites are characterized by their exceptional strength and low weight. They find extensive use in high-performance applications that require enhanced rigidity and weight reduction properties. Along with this, the increasing demand for carbon-based thermoplastics composites in the aerospace industry, sports and recreational activities, and wind energy sector, is favoring the market growth.

Breakup by Product:

  • Glass Mat Thermoplastics (GMT)
  • Advanced Thermoplastic Composites (ATC)

Glass mat thermoplastics (GMT) holds the largest share in the industry

A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes glass mat thermoplastics (GMT) and advanced thermoplastic composites (ATC). According to the report, glass mat thermoplastics (GMT) accounted for the largest market share.

Glass mat thermoplastics (GMT) hold a dominant position in the market due to their versatility and cost-effectiveness. They are widely used in the automotive industry for manufacturing interior components, such as door panels and instrument panels, owing to their excellent moldability and ability to incorporate various textures and finishes. Moreover, GMT's high strength-to-weight ratio makes it an ideal choice for automotive under-the-hood applications, contributing to improved fuel efficiency. Besides this, the widespread product demand in the construction sector for producing structural components like wall panels and roofing materials, due to their resistance to environmental factors and low maintenance requirements, is enhancing the market growth.

Advanced thermoplastic composites (ATC) are known for their exceptional mechanical properties and high-performance capabilities. They are employed in various industries that require compliance with stringent standards, such as aerospace and defense. In line with this, the increasing utilization of ATC in the aerospace sector for aircraft structures and components, providing a combination of lightweight design and strength necessary for high-altitude flight, is contributing to the market growth.

Breakup by Resin Type:

  • Polypropylene (PP)
  • Polyamide (PA)
  • Polyether Ether Ketone (PEEK)
  • Others

Polypropylene (PP) represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the resin type. This includes polypropylene (PP), polyamide (PA), polyether ether ketone (PEEK), and others. According to the report, polypropylene (PP) represented the largest segment.

Polypropylene (PP) dominates the market share owing to its wide range of applications and cost-effectiveness. PP-based composites are extensively utilized in the automotive industry for manufacturing components like interior panels, bumpers, and underbody shields. Moreover, their lightweight nature contributes to enhanced fuel efficiency in vehicles. Besides this, the growing product application in the consumer goods sector for appliances and furniture, due to their durability and resistance to wear and tear, is acting as a growth-inducing factor. Furthermore, the heightened adoption of polypropylene composites in the packaging industry due to their ability to create lightweight and strong packaging materials is strengthening the market growth.

Polyamide-based thermoplastic composites are utilized in industries requiring high-temperature resistance and exceptional mechanical properties. Moreover, the widespread product demand in the aerospace sector for aircraft engine components, due to their ability to withstand elevated temperatures and high-stress conditions, is boosting the market growth. Along with this, the increasing application of polyamide-based thermoplastic components in the electronics, sports, and recreation industries is driving the market growth.

Polyether ether ketone (PEEK)-based thermoplastic composites are known for their exceptional chemical resistance and mechanical strength at high temperatures. They are widely utilized in various industries, such as oil and gas and medicine. Moreover, the growing demand for PEEK composites in sectors that deal with extreme conditions and require material reliability is favoring the market growth.

Breakup by End User Industry:

  • Automotive
  • Aerospace and Defense
  • Oil and Gas
  • Construction
  • Medical
  • Others

Automotive exhibits a clear dominance in the market

A detailed breakup and analysis of the market based on the end user industry have also been provided in the report. This includes automotive, aerospace and defense, oil and gas, construction, medical, and others. According to the report, automotive accounted for the largest market share.

The automotive industry holds the largest market share, driven by the rising need for lightweight materials that enhance fuel efficiency and reduce emissions. Thermoplastic composites that are based on materials like polypropylene and glass fiber are widely used for manufacturing interior components, exterior panels, and structural elements in vehicles. Along with this, the widespread product utilization in the automotive sector, as it contributes to weight reduction, provides design flexibility, and improves crash performance, is creating a positive outlook for the market growth. Additionally, the ease of processing and recyclability of the composites align with the industry's goals of reducing environmental impact throughout the entire vehicle lifecycle.

The aerospace and defense industry relies on thermoplastic composites due to their exceptional strength-to-weight ratio, resistance to high temperatures, and durability. They are used for manufacturing aircraft components, such as interior panels, structural parts, and engine components. Moreover, thermoplastic composites' lightweight properties contribute to fuel savings and enhance aircraft performance.

In the oil and gas industry, thermoplastic composites find application in downhole tools and components owing to their non-reactive nature, durability, cost-effectiveness, and resistance to corrosion, chemicals, and extreme temperatures. They help reduce maintenance costs and extend the service life of equipment used in harsh drilling and production environments.

The construction industry utilizes thermoplastic composites for various applications, including wall panels, roofing materials, and reinforcement elements like rebar. Their durability, resistance to environmental factors, and low maintenance requirements make them a favorable choice for construction projects seeking long-lasting and sustainable solutions. Furthermore, the development of advanced composites that are easy to mold and shape, providing flexibility in construction activities, is supporting the market growth.

The medical industry leverages the biocompatibility and sterilization resistance of thermoplastic composites, particularly those based on materials like polyether ether ketone (PEEK). They are employed in the production of biocompatible implants, surgical instruments, and medical equipment. Moreover, the increasing demand for thermoplastic composites in the medical sector due to the rising healthcare advances and the development of new materials is favoring the market growth.

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Asia Pacific leads the market, accounting for the largest thermoplastic composites market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

Asia Pacific dominates the market due to the region's thriving automotive and construction industries. Moreover, rapid industrialization and urbanization, leading to increased demand for thermoplastic composites in construction applications, such as roofing materials and structural components, is creating a positive outlook for the market growth. Along with this, the expanding automotive sector in the region and the growing focus on lightweight automotive components to improve fuel efficiency and reduce emissions are contributing to the market growth. In addition to this, the increasing availability of raw materials and a skilled workforce in the region is providing a thrust to the market growth.

Europe represents a significant market for thermoplastic composites, driven by its robust automotive and aerospace industries. Moreover, the rising focus on lightweight materials to meet stringent emission standards, leading to the adoption of thermoplastic composites in vehicle manufacturing, is favoring the market growth. Additionally, the growing product adoption to meet sustainability and stringent environmental regulations is boosting the market growth.

North America is a key player in the market due to the increasing aerospace, automotive, and oil and gas industries. In line with this, the growing demand for thermoplastic composites in the aerospace sector, as manufacturers incorporate the product into aircraft structures due to its lightweight and durable properties, is fostering the market growth.

Latin America is a growing market for thermoplastic composites due to the increasing product demand in industries, such as construction and automotive for multiple applications, such as roofing, body panels, and vehicle exterior. In line with this, the rising adoption of thermoplastic composites in infrastructure applications is favoring the market growth.

The Middle East and Africa (MEA) region is gradually adopting thermoplastic composites in the construction and oil and gas sectors, due to their resistance to extreme temperatures and environmental conditions and durability. Besides this, the growing infrastructure development and exploration activities in the oil and gas sector are driving the market growth.

Leading Key Players in the Thermoplastic Composites Industry:

The major players in the market are engaged in various strategies to maintain their competitive edge and meet the evolving industry demand. They are focusing on R&D efforts to enhance the performance characteristics of thermoplastic composites. Moreover, key manufacturers are developing advanced formulations, incorporating new reinforcement materials, and improving processing techniques to meet the specific needs of diverse end-user industries. Besides this, they are expanding their production capacities and global presence through strategic acquisitions and partnerships. In addition to this, the leading companies are investing in eco-friendly manufacturing processes and recyclability of thermoplastic composites to align with global environmental regulations and customer preferences.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • Arkema S.A.
  • Avient Corporation
  • BASF SE
  • Celanese Corporation
  • DuPont de Nemours Inc.
  • Hexcel Corporation
  • Koninklijke DSM N.V.
  • Lanxess AG
  • Mitsubishi Chemical Advanced Materials (Mitsubishi Chemical Holdings Corporation)
  • PPG Industries Inc.
  • SABIC (Saudi Arabian Oil Co.)
  • Solvay S.A.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

  • In September 2021, Mitsubishi Chemical Corporation and Mitsubishi Chemical Advanced Materials Japan Ltd. announced the development of a thermoplastic composite material Filled and Reinforced Thermoplastics (FRTP), which offers flame retardancy, high production performance, and recyclability.
  • In October 2023, Avient Corporation announced the launch of new ballistic-resistant panels, ThermoBallistic Thermoplastic Composite Panels.
  • In April 2023, Hexcel presented an array of composite innovations for aerospace and urban air mobility customer applications.

Key Questions Answered in This Report:

  • How has the global thermoplastic composites market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global thermoplastic composites market?
  • What is the impact of each driver, restraint, and opportunity on the global thermoplastic composites market?
  • What are the key regional markets?
  • Which countries represent the most attractive thermoplastic composites market?
  • What is the breakup of the market based on the fiber type?
  • Which is the most attractive fiber type in the thermoplastic composites market?
  • What is the breakup of the market based on the product?
  • Which is the most attractive product in the thermoplastic composites market?
  • What is the breakup of the market based on the resin type?
  • Which is the most attractive resin type in the thermoplastic composites market?
  • What is the breakup of the market based on the end user industry?
  • Which is the most attractive end user industry in the thermoplastic composites market?
  • What is the competitive structure of the market?
  • Who are the key players/companies in the global thermoplastic composites market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Thermoplastic Composites Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Fiber Type

  • 6.1 Glass Fiber
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Carbon Fiber
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Others
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Product

  • 7.1 Glass Mat Thermoplastics (GMT)
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Advanced Thermoplastic Composites (ATC)
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Resin Type

  • 8.1 Polypropylene (PP)
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Polyamide (PA)
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Polyether ether ketone (PEEK)
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Others
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast

9 Market Breakup by End User Industry

  • 9.1 Automotive
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Aerospace and Defense
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Oil and Gas
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Construction
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Medical
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast
  • 9.6 Others
    • 9.6.1 Market Trends
    • 9.6.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Arkema
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 Avient Corporation
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
      • 15.3.2.4 SWOT Analysis
    • 15.3.3 BASF SE
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
      • 15.3.3.4 SWOT Analysis
    • 15.3.4 Celanese Corporation
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
      • 15.3.4.4 SWOT Analysis
    • 15.3.5 DuPont de Nemours Inc.
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
      • 15.3.5.3 Financials
      • 15.3.5.4 SWOT Analysis
    • 15.3.6 Hexcel Corporation
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Koninklijke DSM N.V.
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 Lanxess AG
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
      • 15.3.8.4 SWOT Analysis
    • 15.3.9 Mitsubishi Chemical Advanced Materials (Mitsubishi Chemical Holdings Corporation)
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
    • 15.3.10 PPG Industries Inc.
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
      • 15.3.10.4 SWOT Analysis
    • 15.3.11 SABIC (Saudi Arabian Oil Co.)
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
      • 15.3.11.4 SWOT Analysis
    • 15.3.12 Solvay
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials
      • 15.3.12.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Thermoplastic Composites Market: Major Drivers and Challenges
  • Figure 2: Global: Thermoplastic Composites Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Thermoplastic Composites Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Thermoplastic Composites Market: Breakup by Fiber Type (in %), 2023
  • Figure 5: Global: Thermoplastic Composites Market: Breakup by Product (in %), 2023
  • Figure 6: Global: Thermoplastic Composites Market: Breakup by Resin Type (in %), 2023
  • Figure 7: Global: Thermoplastic Composites Market: Breakup by End User Industry (in %), 2023
  • Figure 8: Global: Thermoplastic Composites Market: Breakup by Region (in %), 2023
  • Figure 9: Global: Thermoplastic Composites (Glass Fiber) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Thermoplastic Composites (Glass Fiber) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Thermoplastic Composites (Carbon Fiber) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Thermoplastic Composites (Carbon Fiber) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Thermoplastic Composites (Other Fiber Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Thermoplastic Composites (Other Fiber Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Thermoplastic Composites (Glass Mat Thermoplastics-GMT) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Thermoplastic Composites (Glass Mat Thermoplastics-GMT) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Thermoplastic Composites (Advanced Thermoplastic Composites-ATC) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Thermoplastic Composites (Advanced Thermoplastic Composites-ATC) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Thermoplastic Composites (Polypropylene-PP) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Thermoplastic Composites (Polypropylene-PP) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Thermoplastic Composites (Polyamide-PA) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Thermoplastic Composites (Polyamide-PA) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Thermoplastic Composites (Polyether ether ketone-PEEK) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Thermoplastic Composites (Polyether ether ketone-PEEK) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Thermoplastic Composites (Other Resin Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Thermoplastic Composites (Other Resin Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Thermoplastic Composites (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Thermoplastic Composites (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Global: Thermoplastic Composites (Aerospace and Defense) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Thermoplastic Composites (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Global: Thermoplastic Composites (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Global: Thermoplastic Composites (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: Global: Thermoplastic Composites (Construction) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: Global: Thermoplastic Composites (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: Global: Thermoplastic Composites (Medical) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: Global: Thermoplastic Composites (Medical) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Global: Thermoplastic Composites (Other End User Industries) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Global: Thermoplastic Composites (Other End User Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: North America: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: North America: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: United States: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: United States: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: Canada: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: Canada: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: Asia-Pacific: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: Asia-Pacific: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: China: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: China: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Japan: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Japan: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: India: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: India: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: South Korea: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: South Korea: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: Australia: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: Australia: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: Indonesia: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: Indonesia: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: Others: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: Others: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: Europe: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: Europe: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Germany: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Germany: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: France: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: France: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: United Kingdom: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: United Kingdom: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: Italy: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: Italy: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Spain: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: Spain: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Russia: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Russia: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 75: Others: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 76: Others: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Latin America: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 78: Latin America: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Brazil: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 80: Brazil: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 81: Mexico: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 82: Mexico: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 83: Others: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 84: Others: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 85: Middle East and Africa: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 86: Middle East and Africa: Thermoplastic Composites Market: Breakup by Country (in %), 2023
  • Figure 87: Middle East and Africa: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 88: Global: Thermoplastic Composites Industry: SWOT Analysis
  • Figure 89: Global: Thermoplastic Composites Industry: Value Chain Analysis
  • Figure 90: Global: Thermoplastic Composites Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Thermoplastic Composites Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Thermoplastic Composites Market Forecast: Breakup by Fiber Type (in Million US$), 2024-2032
  • Table 3: Global: Thermoplastic Composites Market Forecast: Breakup by Product (in Million US$), 2024-2032
  • Table 4: Global: Thermoplastic Composites Market Forecast: Breakup by Resin Type (in Million US$), 2024-2032
  • Table 5: Global: Thermoplastic Composites Market Forecast: Breakup by End User Industry (in Million US$), 2024-2032
  • Table 6: Global: Thermoplastic Composites Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 7: Global: Thermoplastic Composites Market: Competitive Structure
  • Table 8: Global: Thermoplastic Composites Market: Key Players