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Report
Long-Fiber Thermoplastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-05-29 I 144 Pages I IMARC Group
Market Overview:
The global long-fiber thermoplastics market size reached US$ 3.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.2% during 2023-2028.
Long-fiber thermoplastics (LFTs) refer to strengthened innovative structural components and polymer resins that are reinforced with short or long fibers of organic and inorganic composites. As compared to various metals and low-performance plastics, they are more lightweight and offer superior durability, better toughness, optimal dimensional stability, and higher mechanical strength to extend product shelf life. Apart from this, LFTs are stiff, eco-friendly, cost-effective, fatigue enduring, corrosion and chemical-resistant, and provide thermal conductivity. On account of these properties, LFTs are extensively used in injection molding and pellet pultrusion processing across diverse sectors. At present, they are commercially available as long fiber reinforced, continuous fiber, glass mat, and short fiber thermoplastics.
Long-Fiber Thermoplastics Market Trends:
The widespread adoption of long-fiber thermoplastics across various industrial verticals can be attributed to the increasing demand for low-density, recyclable, high-performance components. For instance, in the automotive sector, LFTs are widely adopted over metal components for improving the strength-to-weight ratio of vehicle parts for enhanced fuel efficiency as they are lightweight and exhibit high tensile strength. Additionally, the growing environmental concerns have prompted governments to undertake green initiatives promoting the uptake of multiple recyclable components, such as LFTs, to mitigate volatile organic compounds (VOCs), which is supporting the market growth. Moreover, the shifting inclination of pharmaceutical companies toward LFTs for injection molding purposes, owing to fueling awareness regarding their various beneficial properties, is propelling the market growth. Other factors, such as the ongoing manufacturing activities across the globe, extensive usage of LFTs in wind turbines, and strategic collaborations amongst key players to identify diverse product applications, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global long-fiber thermoplastics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on resin type, fiber type, manufacturing processing and application.
Breakup by Resin Type:
PP
PA
PEEK
PPA
Breakup by Fiber Type:
Glass
Carbon
Breakup by Manufacturing Processing:
Injection Molding
Pultrusion
D-LFT
Others
Breakup by Application:
Automotive
Electrical and Electronics
Consumer Goods
Sporting Goods
Others
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Avient Corporation, BASF SE, Celanese Corporation, Coperion GmbH (Hillenbrand Inc.), Lanxess AG, Mitsubishi Chemical Holdings Corporation, Owens Corning, SGL Carbon SE, Solvay S.A. and Toray Industries Inc.
Key Questions Answered in This Report:
How has the global long-fiber thermoplastics market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global long-fiber thermoplastics market?
What are the key regional markets?
What is the breakup of the market based on the resin type?
What is the breakup of the market based on the fiber type?
What is the breakup of the market based on the manufacturing processing?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global long-fiber thermoplastics market and who are the key players?
What is the degree of competition in the industry?
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 Long-Fiber Thermoplastics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Resin Type
6.1 PP
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 PA
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 PEEK
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 PPA
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Fiber Type
7.1 Glass
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Carbon
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Manufacturing Processing
8.1 Injection Molding
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Pultrusion
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 D-LFT
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 Application
9.1 Automotive
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Electrical and Electronics
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Consumer Goods
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Sporting Goods
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 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 Avient Corporation
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 BASF SE
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 Celanese Corporation
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 Coperion GmbH (Hillenbrand Inc.)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Lanxess AG
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 Mitsubishi Chemical Holdings 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 Owens Corning
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 SGL Carbon SE
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 Solvay S.A.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Toray 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
Figure 1: Global: Long-Fiber Thermoplastics Market: Major Drivers and Challenges
Figure 2: Global: Long-Fiber Thermoplastics Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Long-Fiber Thermoplastics Market: Breakup by Resin Type (in %), 2022
Figure 5: Global: Long-Fiber Thermoplastics Market: Breakup by Fiber Type (in %), 2022
Figure 6: Global: Long-Fiber Thermoplastics Market: Breakup by Manufacturing Processing (in %), 2022
Figure 7: Global: Long-Fiber Thermoplastics Market: Breakup by Application (in %), 2022
Figure 8: Global: Long-Fiber Thermoplastics Market: Breakup by Region (in %), 2022
Figure 9: Global: Long-Fiber Thermoplastics (PP) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Long-Fiber Thermoplastics (PP) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Long-Fiber Thermoplastics (PA) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Long-Fiber Thermoplastics (PA) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Long-Fiber Thermoplastics (PEEK) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Long-Fiber Thermoplastics (PEEK) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Long-Fiber Thermoplastics (PPA) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Long-Fiber Thermoplastics (PPA) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Long-Fiber Thermoplastics (Glass) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Long-Fiber Thermoplastics (Glass) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Long-Fiber Thermoplastics (Carbon) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Long-Fiber Thermoplastics (Carbon) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Long-Fiber Thermoplastics (Injection Molding) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Long-Fiber Thermoplastics (Injection Molding) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Long-Fiber Thermoplastics (Pultrusion) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Long-Fiber Thermoplastics (Pultrusion) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Long-Fiber Thermoplastics (D-LFT) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Long-Fiber Thermoplastics (D-LFT) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Long-Fiber Thermoplastics (Others Manufacturing Processing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Long-Fiber Thermoplastics (Others Manufacturing Processing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Long-Fiber Thermoplastics (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Long-Fiber Thermoplastics (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Long-Fiber Thermoplastics (Electrical and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Long-Fiber Thermoplastics (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Long-Fiber Thermoplastics (Consumer Goods) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Long-Fiber Thermoplastics (Consumer Goods) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Long-Fiber Thermoplastics (Sporting Goods) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Long-Fiber Thermoplastics (Sporting Goods) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Long-Fiber Thermoplastics (Others Application) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Long-Fiber Thermoplastics (Others Application) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: North America: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: North America: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: United States: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: United States: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Canada: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Canada: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Asia-Pacific: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Asia-Pacific: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: China: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: China: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Japan: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Japan: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: India: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: India: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: South Korea: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: South Korea: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Australia: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Australia: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Indonesia: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Indonesia: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Others: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Others: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Europe: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Europe: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Germany: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Germany: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: France: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: France: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: United Kingdom: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: United Kingdom: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Italy: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Italy: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Spain: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Spain: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Russia: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Russia: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Others: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Others: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Latin America: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Latin America: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Brazil: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Brazil: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Mexico: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Mexico: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Others: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Others: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Middle East and Africa: Long-Fiber Thermoplastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Middle East and Africa: Long-Fiber Thermoplastics Market: Breakup by Country (in %), 2022
Figure 87: Middle East and Africa: Long-Fiber Thermoplastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Global: Long-Fiber Thermoplastics Industry: SWOT Analysis
Figure 89: Global: Long-Fiber Thermoplastics Industry: Value Chain Analysis
Figure 90: Global: Long-Fiber Thermoplastics Industry: Porter's Five Forces Analysis
Table 1: Global: Long-Fiber Thermoplastics Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Long-Fiber Thermoplastics Market Forecast: Breakup by Resin Type (in Million US$), 2023-2028
Table 3: Global: Long-Fiber Thermoplastics Market Forecast: Breakup by Fiber Type (in Million US$), 2023-2028
Table 4: Global: Long-Fiber Thermoplastics Market Forecast: Breakup by Manufacturing Processing (in Million US$), 2023-2028
Table 5: Global: Long-Fiber Thermoplastics Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Long-Fiber Thermoplastics Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Long-Fiber Thermoplastics Market: Competitive Structure
Table 8: Global: Long-Fiber Thermoplastics Market: Key Players
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