The global thermoplastic composite market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.1 billion in 2018. The growth of this market is driven by the increasing demand for lightweight materials in automotive and aerospace/aviation applications, which are used for reducing weight and improving fuel efficiency.
Glass fiber composites are expected to be the fastest-growing type of thermoplastic composite during the forecast period, with a CAGR of 7%. This growth can be attributed to their high strength-to-weight ratio and low cost compared with other types of composites such as carbon fiber composites or aramid fiber composites. Glass fiber composites are also used in electrical and electronics applications due to their excellent electrical insulation properties, which make them suitable for use as insulators in power cables or transformers that carry high voltage electricity across long distances without any loss or leakage of current through the material.
- Thermoplastic composites are used in a wide range of applications, including automotive, construction, and aerospace.
- The growth in the global demand for thermoplastic composites is driven by the increasing use of these materials in automotive and construction industries as well as their use in aerospace industry due to their high strength-to-weight ratio and corrosion resistance properties.
- Increasing environmental awareness among consumers has led to increased demand for recyclable products which has also contributed towards the growth of this market.
- Increasing government regulations on fuel efficiency standards have led to an increase in the production of lightweight vehicles which has also contributed towards the growth of this market.
Industry Growth Insights published a new data on “Thermoplastic Composite Market”. The research report is titled “Thermoplastic Composite Market research by Types (Glass Fiber, Carbon Fiber), By Applications (Automotive, Aerospace/Aviation, Electrical and Electronics, Consumer Goods, Oil & Gas, Medical, Others), By Players/Companies BASF, Lanxess, SABIC, DuPont, Solvay, Celanese, Toray, TenCate”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermoplastic Composite Market Research Report
By Type
Glass Fiber, Carbon Fiber
By Application
Automotive, Aerospace/Aviation, Electrical and Electronics, Consumer Goods, Oil & Gas, Medical, Others
By Companies
BASF, Lanxess, SABIC, DuPont, Solvay, Celanese, Toray, TenCate
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Thermoplastic Composite Market Report Segments:
The global Thermoplastic Composite market is segmented on the basis of:
Types
Glass Fiber, Carbon Fiber
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Aerospace/Aviation, Electrical and Electronics, Consumer Goods, Oil & Gas, Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Lanxess
- SABIC
- DuPont
- Solvay
- Celanese
- Toray
- TenCate
Highlights of The Thermoplastic Composite Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass Fiber
- Carbon Fiber
- By Application:
- Automotive
- Aerospace/Aviation
- Electrical and Electronics
- Consumer Goods
- Oil & Gas
- Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thermoplastic Composite Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thermoplastic composite is a type of plastic that can be molded into many different shapes and sizes. It is made up of two or more types of plastics that are melted together and then formed into a desired shape. This type of plastic is often used in products such as car parts, medical devices, and toys.
Some of the major companies in the thermoplastic composite market are BASF, Lanxess, SABIC, DuPont, Solvay, Celanese, Toray, TenCate.
The thermoplastic composite market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermoplastic Composite Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermoplastic Composite Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermoplastic Composite Market - Supply Chain
4.5. Global Thermoplastic Composite Market Forecast
4.5.1. Thermoplastic Composite Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermoplastic Composite Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermoplastic Composite Market Absolute $ Opportunity
5. Global Thermoplastic Composite Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermoplastic Composite Market Size and Volume Forecast by Type
5.3.1. Glass Fiber
5.3.2. Carbon Fiber
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermoplastic Composite Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermoplastic Composite Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace/Aviation
6.3.3. Electrical and Electronics
6.3.4. Consumer Goods
6.3.5. Oil & Gas
6.3.6. Medical
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermoplastic Composite Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermoplastic Composite Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermoplastic Composite Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermoplastic Composite Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermoplastic Composite Demand Share Forecast, 2019-2029
9. North America Thermoplastic Composite Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermoplastic Composite Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermoplastic Composite Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace/Aviation
9.4.3. Electrical and Electronics
9.4.4. Consumer Goods
9.4.5. Oil & Gas
9.4.6. Medical
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermoplastic Composite Market Size and Volume Forecast by Type
9.7.1. Glass Fiber
9.7.2. Carbon Fiber
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermoplastic Composite Demand Share Forecast, 2019-2029
10. Latin America Thermoplastic Composite Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermoplastic Composite Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermoplastic Composite Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace/Aviation
10.4.3. Electrical and Electronics
10.4.4. Consumer Goods
10.4.5. Oil & Gas
10.4.6. Medical
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermoplastic Composite Market Size and Volume Forecast by Type
10.7.1. Glass Fiber
10.7.2. Carbon Fiber
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermoplastic Composite Demand Share Forecast, 2019-2029
11. Europe Thermoplastic Composite Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermoplastic Composite Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermoplastic Composite Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace/Aviation
11.4.3. Electrical and Electronics
11.4.4. Consumer Goods
11.4.5. Oil & Gas
11.4.6. Medical
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermoplastic Composite Market Size and Volume Forecast by Type
11.7.1. Glass Fiber
11.7.2. Carbon Fiber
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermoplastic Composite Demand Share, 2019-2029
12. Asia Pacific Thermoplastic Composite Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermoplastic Composite Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermoplastic Composite Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace/Aviation
12.4.3. Electrical and Electronics
12.4.4. Consumer Goods
12.4.5. Oil & Gas
12.4.6. Medical
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermoplastic Composite Market Size and Volume Forecast by Type
12.7.1. Glass Fiber
12.7.2. Carbon Fiber
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermoplastic Composite Demand Share, 2019-2029
13. Middle East & Africa Thermoplastic Composite Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermoplastic Composite Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermoplastic Composite Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace/Aviation
13.4.3. Electrical and Electronics
13.4.4. Consumer Goods
13.4.5. Oil & Gas
13.4.6. Medical
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermoplastic Composite Market Size and Volume Forecast by Type
13.7.1. Glass Fiber
13.7.2. Carbon Fiber
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermoplastic Composite Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Thermoplastic Composite Market: Market Share Analysis
14.2. Thermoplastic Composite Distributors and Customers
14.3. Thermoplastic Composite Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lanxess
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SABIC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DuPont
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Solvay
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Celanese
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Toray
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TenCate
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
