Thermoplastic Composite Global Market Report 2022 – By Product Type (Short Fiber Thermoplastics, Glass Mat Thermoplastics, Long Fiber Thermoplastics, Continuous Fiber Thermoplastics), By Fiber Type (Glass Fiber, Carbon Fiber, Other Fiber Types), By Resin Type( Polypropylene (PP), Polyamide (PA), Polyetheretherketone (PEEK), Other Resin Types), By End-Use Industry( Transportation, Consumer goods & electronics, Wind Energy, Sports & Leisure, Construction, Aersopace & Defense, Other End Users) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : May 2022 | SKU CODE : h1632 | Delivery Time: 2-3 business days | Format :


The thermoplastic composite market consists of the sale of thermoplastic composites by entities (organizations, sole traders, and partnerships) that refers to material, which consists of a thermoplastic matrix combined with reinforcing material such as short, long or continuous glass or carbon fibers. They are manufactured through injection molding, compression molding, tape placement, winding and thermoforming techniques. The advantages of thermoplastic composites include short cycle times and flexibility in the production process, recycling opportunities, and others.

The main types of thermoplastic composites are short fiber thermoplastics, glass mat thermoplastics, long fiber thermoplastics, continuous fiber thermoplastics. The short fiber thermoplastics market consists of sale of short fiber thermoplastics by entities (organizations, sole traders, and partnerships) that refers to thermoplastic composites, which contain fibers that are less than 1 mm long. These composites are suitable for injection molding in traditional molding machines. The fiber types of thermoplastic composites include glass fiber, carbon fiber, other fiber types with resin types such as polypropylene (PP), polyamide (PA), polyetheretherketone (PEEK), other resin types used across various industries such as transportation, consumer goods & electronics, wind energy, sports & leisure, construction, aerospace & defense, other end users.

The global thermoplastic composite market size is expected to grow from $16.71 billion in 2021 to $17.99 billion in 2022 at a compound annual growth rate (CAGR) of 7.68%. The global thermoplastic composite market size is expected to grow to $22.83 billion in 2026 at a CAGR of 6.14%.

The growing demand for electric vehicles is expected to boost the demand for thermoplastic composites during the forecast period. The demand for electric vehicles is expected to increase in the next few years as they are environment-friendly and are contributes towards less carbon emission in the transportation industry. Thermoplastic composites provide excellent strength and play a significant role in the reduction of the overall weight of vehicles which makes them useful in the production of vehicles components. According to the article published by RBSA Advisors in December 2021, the Indian electric vehicles market is estimated to grow with a CAGR of 90% this decade touching $150 billion by 2030. Moreover, According to The China Association of Automobile Manufacturers (CAAM), New energy vehicles (NEV) sales in China are likely to rise to 3 million in 2021 from 1.4 million in 2020. Hence, the growing market for electric vehicles will accelerate the production of electric vehicles components and contributed to growth in demand for thermoplastic components during the forecast period.

The development of low-cost production technology is the new trend in the thermoplastic composites market. The companies operating in thermoplastic composites are increasingly investing in R&D for the development of new products with advanced technologies to meet technical demands from specific end customers across the globe. For instance, In February 2022, SABIC, a global leader in the chemical industry with a partnership with Dongfeng Motors, a China-based truck manufacturer for the development of a novel plastic composite hybrid solution to produce a strong lightweight truck-mounted toolbox. Furthermore, In April 2019, Saudi Arabia-based firm SABIC announced the development of the most advanced and versatile thermoplastic materials to meet the modern-day demand from the aerospace industry.

In February 2022, Ensinger Group, a Germany-based manufacturer of semi-finished products, and composites acquired StyLight thermoplastic composite materials from INEOS Styrolution, a Germany-based provider of thermoplastic composites for an undisclosed amount. The acquisition by Ensinger Group is focused on expanding its existing product portfolio and fostering its business presence in the thermoplastic composites market across the globe.

Major players in the thermoplastic composite market are BASF SE, Celanese Corporation, SABIC, Solvay, Lanxess AG, Mitsubishi Chemical Advanced Materials, Koninklijke DSM N.V., Toray Industries, Inc., SGL Carbon, AVANCO GmbH, Teijin Limited, PPG Industries Inc., Covestro AG, The Ensinger Group, and Avient Corporation.

Asia Pacific was the largest region in the thermoplastic composite market in 2021, and it is expected to be the fastest-growing region in the global thermoplastic composite market during the forecast period. The regions covered in the global thermoplastic composite market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the thermoplastic composite market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The global thermoplastic composite market is segmented -

1) By Product Type: Short Fiber Thermoplastics, Glass Mat Thermoplastics, Long Fiber Thermoplastics, Continuous Fiber Thermoplastics

2) By Fiber Type: Glass Fiber, Carbon Fiber, Other Fiber Types

3) By Resin Type: Polypropylene (PP), Polyamide (PA), Polyetheretherketone (PEEK), Other Resin Types

4) By End-Use Industry: Transportation, Consumer goods & electronics, Wind Energy, Sports & Leisure, Construction, Aersopace & Defense, Other End Users

    Table Of Contents

    1. Executive Summary

    2. Thermoplastic Composite Market Characteristics

    3. Thermoplastic Composite Market Trends And Strategies

    4. Impact Of COVID-19 On Thermoplastic Composite

    5. Thermoplastic Composite Market Size And Growth

    5.1. Global Thermoplastic Composite Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Thermoplastic Composite Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Thermoplastic Composite Market Segmentation

    6.1. Global Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Short Fiber Thermoplastics

    Glass Mat Thermoplastics

    Long Fiber Thermoplastics

    Continuous Fiber Thermoplastics

    6.2. Global Thermoplastic Composite Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Glass Fiber

    Carbon Fiber

    Other Fiber Types

    6.3. Global Thermoplastic Composite Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Polypropylene (PP)

    Polyamide (PA)

    Polyetheretherketone (PEEK)

    Other Resin Types

    6.4. Global Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Transportation

    Consumer goods & electronics

    Wind Energy

    Sports & Leisure

    Construction

    Aersopace & Defense

    Other End Users

    7. Thermoplastic Composite Market Regional And Country Analysis

    7.1. Global Thermoplastic Composite Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Thermoplastic Composite Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Thermoplastic Composite Market

    8.1. Asia-Pacific Thermoplastic Composite Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Thermoplastic Composite Market

    9.1. China Thermoplastic Composite Market Overview

    9.2. China Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Thermoplastic Composite Market

    10.1. India Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Thermoplastic Composite Market

    11.1. Japan Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Thermoplastic Composite Market

    12.1. Australia Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Thermoplastic Composite Market

    13.1. Indonesia Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Thermoplastic Composite Market

    14.1. South Korea Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Thermoplastic Composite Market

    15.1. Western Europe Thermoplastic Composite Market Overview

    15.2. Western Europe Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Thermoplastic Composite Market

    16.1. UK Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Thermoplastic Composite Market

    17.1. Germany Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Thermoplastic Composite Market

    18.4. France Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Thermoplastic Composite Market

    19.1. Eastern Europe Thermoplastic Composite Market Overview

    19.2. Eastern Europe Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Thermoplastic Composite Market

    20.1. Russia Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Thermoplastic Composite Market

    21.1. North America Thermoplastic Composite Market Overview

    21.2. North America Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Thermoplastic Composite Market

    22.1. USA Thermoplastic Composite Market Overview

    22.2. USA Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Thermoplastic Composite Market

    23.1. South America Thermoplastic Composite Market Overview

    23.2. South America Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Thermoplastic Composite Market

    24.1. Brazil Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Thermoplastic Composite Market

    25.1. Middle East Thermoplastic Composite Market Overview

    25.2. Middle East Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Thermoplastic Composite Market

    26.1. Africa Thermoplastic Composite Market Overview

    26.2. Africa Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Thermoplastic Composite Market Competitive Landscape And Company Profiles

    27.1. Thermoplastic Composite Market Competitive Landscape

    27.2. Thermoplastic Composite Market Company Profiles

    27.2.1. BASF SE

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Celanese Corporation

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. SABIC

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Solvay

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Lanxess AG

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Thermoplastic Composite Market

    29. Thermoplastic Composite Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Thermoplastic Composite Market, Segmentation By Fiber Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Thermoplastic Composite Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Thermoplastic Composite Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Global Thermoplastic Composite Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Asia-Pacific, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: Asia-Pacific, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: China, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: India, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: India, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Japan, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Japan, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Australia, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Australia, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Indonesia, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Indonesia, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: South Korea, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: South Korea, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: Western Europe, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Western Europe, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: UK, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: UK, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Germany, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: Germany, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: France, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: France, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Eastern Europe, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Eastern Europe, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Russia, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: Russia, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: North America, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: North America, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: USA, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: USA, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: South America, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: South America, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Brazil, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Brazil, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Middle East, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Middle East, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Africa, Thermoplastic Composite Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: Africa, Thermoplastic Composite Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 47: BASF SE Financial Performance
  • Table 48: Celanese Corporation Financial Performance
  • Table 49: SABIC Financial Performance
  • Table 50: Solvay Financial Performance
  • Table 51: Lanxess AG Financial Performance

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