LFT（長繊維熱可塑性樹脂）の世界市場-2024-2031年

概要

LFT（長繊維熱可塑性樹脂）の世界市場は、2023年に42億米ドルに達し、2024-2031年の予測期間中にCAGR 9.5%で成長し、2031年には87億米ドルに達すると予測されています。

新しいタイプのLFTの開発は、今後も世界市場の成長を増大させると思われます。例えば、2023年11月、米国のプラスチックメーカーPlastiComp社は、新しいタイプの炭素繊維強化熱可塑性樹脂複合材料の開発を発表しました。今後数年のうちに、新しいタイプの熱可塑性樹脂が製品化されると思われます。

製造コストを下げることの難しさは、今後も市場成長の重要なハンディキャップとなると思われます。科学者たちが生産技術を試行錯誤しているとはいえ、大量生産はまだ実現不可能です。LFTの新しいエンジニアリング用途への採用を増やすには、コストの引き下げが不可欠です。

ダイナミクス

電気自動車へのシフトの進行

過去2年間で、自動車業界は電気自動車採用へのシフトを強めています。フォルクスワーゲン、日産、ゼネラルモーターズ、フォードといった大手自動車メーカーは電気自動車のラインアップを徐々に拡充しており、BYD、Fisker Rivian、Teslaといった電気自動車専業メーカーも新車投入による製品レンジの拡大に注力しています。LFTは、さまざまなEVサブシステム用の軽量部品の製造に使用されています。

インドのような市場での乗用車販売の伸びも、LFTの自動車需要を押し上げると思われます。例えば、ベトナムのEVブランドであるVinFastは2024年3月、インド南部に新たな生産施設を設立する計画を発表しました。この新しい施設では、国内および輸出市場向けの自動車を生産する予定です。

戦争用浮遊弾薬の使用増加

ロシアとウクライナの戦争では、双方が対人・対装甲戦にロイタリング弾を使用しています。これは、戦闘環境で実際に安全を脅かすことなく、また高価な空対地ミサイルを必要とすることなく、さまざまな複雑な地上作戦を遂行する部隊の能力を大幅に向上させます。

浮遊弾の構造に熱可塑性複合材を使用すると、さまざまな利点があります。第一に、弾薬全体の重量を減らし、射程距離を長くすることができます。第二に、金属部品の使用を最小限に抑え、従来のレーダーシステムによる探知を困難にすることができます。ロイタリング弾を武器庫の一部として採用する国が増えれば、防衛装備品製造企業によるLFTの需要が高まると思われます。

高い加工・製造コスト

LFTは、成形、冷却、硬化、最終検査と包装前のトリミングを含む集中的な工程を経て製造されます。製造プロセス全体は比較的新しく、非常に複雑な機械の使用を伴います。生産量が全体的に限られているため、最終製品の価格上昇につながります。

LFTのコストが比較的高いことが、市場成長の足かせとなっています。経済的な新しい生産技術も開発されていますが、大量生産にはまだ採用されていません。LFTのコストが高いままである限り、エンドユーザーはより経済的な代替品を支持し続けるため、将来の展望は狭まると思われます。

目次

第1章 調査手法と調査範囲

第2章 定義と概要

第3章 エグゼクティブサマリー

第4章 市場力学

• 影響要因
  • 促進要因
    • 電気自動車へのシフトの進行
    • 戦争用弾薬の使用増加
  • 抑制要因
    • 加工・製造コストの高さ
  • 機会
  • 影響分析

第5章 産業分析

• ポーターのファイブフォース分析
• サプライチェーン分析
• 価格分析
• 規制分析
• ロシア・ウクライナ戦争の影響分析
• DMIの見解

第6章 COVID-19分析

第7章 樹脂別

• ポリプロピレン
• ポリアミド
• ポリブチレンテレフタレート
• その他

第8章 繊維別

• ガラス
• 炭素
• その他

第9章 製造プロセス別

• 射出成形
• 引抜成形
• LFT-D
• その他

第10章 エンドユーザー別

• 自動車
• 航空宇宙
• 電気・電子
• 建築・建設
• スポーツ用品
• その他

第11章 地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • フランス
  • イタリア
  • スペイン
  • その他欧州
• 南米
  • ブラジル
  • アルゼンチン
  • その他南米
• アジア太平洋
  • 中国
  • インド
  • 日本
  • オーストラリア
  • その他アジア太平洋地域
• 中東・アフリカ

第12章 競合情勢

• 競合シナリオ
• 市況/シェア分析
• M&A分析

第13章 企業プロファイル

• BASF SE
  • 会社概要
  • 製品ポートフォリオと説明
  • 財務概要
  • 主な発展
• SABIC
• Lanxess
• Avient Corporation
• Solvay SA
• Asahi Kasei Corporation
• Daicel Corporation
• RTP Company
• Celanese Corporation
• Toray Industries, Inc.

第14章 付録

Overview

Global Long Fiber Thermoplastics Market reached US$ 4.2 billion in 2023 and is expected to reach US$ 8.7 billion by 2031, growing with a CAGR of 9.5% during the forecast period 2024-2031.

The development of new types of long fiber thermoplastics will continue to augment global market growth. For example, in November 2023, PlastiComp, a U.S.-based manufacturer of plastics, announced the development of a new type of carbon-fiber reinforced thermoplastic composite. New types of thermoplastics will be commercialized in the coming years.

The difficulty in lowering production costs will continue to remain a key handicap for market growth. Even as scientists are experimenting with techniques of production, mass production still remains unfeasible. Lowering costs is essential to increase the adoption of long fiber thermoplastics in new engineering applications.

Dynamics

Ongoing Shift Towards Electric Vehicles

Over the past two years, the automotive industry is increasingly shifting towards the adoption of electric vehicles. Major carmakers like Volkswagen, Nissan, General Motors and Ford are gradually expanding their lineup of electric vehicles, while EV-exclusive companies like BYD, Fisker Rivian and Tesla are focused on expanding their product range with new launches. Long fiber thermoplastics are being used to manufacture lightweight components for various EV subsystems.

The growth in passenger vehicle sales in markets like India, will also boost automotive demand for long fiber thermoplastics. For instance, in March 2024, VinFast, a Vietnamese EV brand, announced plans to establish a new production facility in southern India. The new facility will construct vehicles for the domestic and export market.

Increasing Usage of Loitering Munitions for Warfare

Both sides in the Russia-Ukraine war are using loitering munitions for anti-personnel and anti-armour warfare. It greatly improves the ability of troops to carry out various complex ground operations without actually endangering their safety in a combat environment and without needing expensive air-to-ground missiles.

The usage of thermoplastic composites in the construction of loitering munitions offers various advantages. Firstly, it reduces the overall weight of the munition, giving it longer range and secondly, it minimizes the usage of metal parts, rendering it difficult to detect by traditional radar systems. As more countries adopt loitering munitions as part of their arsenal, it will boost the demand for long fiber thermoplastics from defence equipment manufacturing companies.

High Cost of Processing and Manufacturing

Long fiber thermoplastics are manufactured through an intensive process that involves molding, cooling, curing and trimming before final inspection and packaging. The entire production process is relative novel and involves the usage of highly complex machinery. Given its overall limited production, it leads to increased prices for the final product.

The relatively high cost of long fiber thermoplastics remains a stumbling block for market growth. Alhtough some new economical production techniques have been developed, they are yet to be adopted for mass production. As long as the cost of long fiber thermoplastics remains high, end-users will continue to favor more economical alternatives, thus reducing the scope of future growth.

Segment Analysis

The global long fiber thermoplastics market is segmented based on resin, fiber, manufacturing process, application, end-user and region.

The Automotive Industry Will Continue to be a Leading End-user

The global automotive industry is currently shifting towards the adoption of electric and hybrid vehicles. As such, the main priority for automakers is to ensure that electric vehicles are more lightweight and have longer range capacity. Therefore, most automakers are expanding the usage of long fiber thermoplastics for achieving targeted weight reduction.

The thermoplastics are also witnessing a surge in adoption in the aerospace industry, particularly in the manufacturing of unmanned aerial vehicles (UAV) for reconnaissance and combat applications. With drones taking over many of the tasks traditionally reserved for manned aircrafts, their usage in the aerospace industry will increase over the upcoming years.

Geographical Penetration

Asia-Pacific Will Have the Largest Market Share

Asia-Pacific will have the largest share in the global market, given China's lead in the development of electric vehicles. In 2023, China overtook Japan to become the largest automotive exporter in the world. Chinese automakers are having state backing and are looking to enter new export markets in Africa and South America. The demand for long fiber thermoplastics will only continue to increase in the future.

In recent years, many multinational companies have become vary of increasing geopolitical tensions with China and are opting to outsource their production facilities to India. The country has had notable success in attracting electronics manufacturers to up production centers. The shifting of electronics production to India will give rise to new growth opportunities for the market in Asia-Pacific.

COVID-19 Impact Analysis

Fulfilling existing contracts was a major challenge for long fiber thermoplastic manufacturers during the pandemic period. Lockdowns and labor shortages had led to major production hiccups, leaving many producers incapable of supplying their clients. As the pandemic progressed, demand from automotive and aerospace sectors reduced sharply due to a virtual halt of the global transportation industry.

Although the pandemic era witnessed a decline in sales, it was more down to supply chain constraints rather than a natural decline in demand. Demand rose sharply in the initial weeks and months of the post-pandemic period as manufacturers struggled to keep pace. Companies are now focused on developing new thermoplastic materials to aid their growth. Overall, the pandemic is unlikely to have any negative implications on the long term growth of the global market.

Russia-Ukraine War Impact Analysis

The war in Ukraine created significant demand for long fiber thermoplastics for defence applications, particularly for the production of FPV drones and loitering munitions. Both Ukraine and Russia have upped defence equipment production, to replenish depleted stocks and create reserves of equipment for future offensive operations.

The sanctions imposed by U.S. and EU on the Russian market have cut off access to western-made thermoplastics. Therefore, to fulfill wartime contract obligations, many Russian defence enterprises have resorted to grey market imports and Chinese suppliers to fill gaps left by western sanctions. The Russian government has also provided financial backing to increase domestic production of long fiber thermoplastics.

By Resin

• Polypropylene
• Polyamide
• Polybutylene Terephthalate
• Others

By Fiber

• Glass
• Carbon
• Others

By Manufacturing Process

• Injection Molding
• Pultrusion
• Direct-LFT
• Others

By End-User

• Automotive
• Aerospace
• Electrical & Electronics
• Buildings & Construction
• Sporting Equipment
• Other

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In February 2024, scientists from the African University of Science and Technology in Nigeria published a research paper exploring the possibility of using lignocellulosic reinforced thermoplastics for the production of lightweight automotive components.
• In October 2023, SABIC, Saudi Arabia's state-owned petrochemicals producer, unveiled an automotive body panel made from low pressure compression molding technology, using a proprietary long fiber thermoplastic material.
• In January 2024, PlastiComp, U.S.-based developer of plastic composites, commissioned a new R&D lab at its main office in Winona, Minnesota, U.S. The new lab will conduct research into the next generation of long fiber thermoplastics.

Competitive Landscape

The major global players in the market include BASF SE, SABIC, Lanxess, Avient Corporation, Solvay SA, Asahi Kasei Corporation, Daicel Corporation, RTP Company, Celanese Corporation and Toray Industries, Inc.

Why Purchase the Report?

• To visualize the global long fiber thermoplastics market segmentation based on resin, fiber, manufacturing process, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of long fiber thermoplastics market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global long fiber thermoplastics market report would provide approximately 70 tables, 68 figures and 205 Pages.

Target Audience 2024

• Automotive Companies
• Aerospace Companies
• Electronic Manufacturers
• Industry Investors/Investment Bankers
• Research Professionals

Table of Contents

1.Methodology and Scope

• 1.1.Research Methodology
• 1.2.Research Objective and Scope of the Report

2.Definition and Overview

3.Executive Summary

• 3.1.Snippet by Resin
• 3.2.Snippet by Fiber
• 3.3.Snippet by Manufacturing Process
• 3.4.Snippet by End-User
• 3.5.Snippet by Region

4.Dynamics

• 4.1.Impacting Factors
  • 4.1.1.Drivers
    • 4.1.1.1.Ongoing Shift Towards Electric Vehicles
    • 4.1.1.2.Increasing Usage of Loitering Munitions for Warfare
  • 4.1.2.Restraints
    • 4.1.2.1.High Cost of Processing and Manufacturing
  • 4.1.3.Opportunity
  • 4.1.4.Impact Analysis

5.Industry Analysis

• 5.1.Porter's Five Force Analysis
• 5.2.Supply Chain Analysis
• 5.3.Pricing Analysis
• 5.4.Regulatory Analysis
• 5.5.Russia-Ukraine War Impact Analysis
• 5.6.DMI Opinion

6.COVID-19 Analysis

• 6.1.Analysis of COVID-19
  • 6.1.1.Scenario Before COVID-19
  • 6.1.2.Scenario During COVID-19
  • 6.1.3.Scenario Post COVID-19
• 6.2.Pricing Dynamics Amid COVID-19
• 6.3.Demand-Supply Spectrum
• 6.4.Government Initiatives Related to the Market During Pandemic
• 6.5.Manufacturers Strategic Initiatives
• 6.6.Conclusion

7.By Resin

• 7.1.Introduction
  • 7.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Resin
  • 7.1.2.Market Attractiveness Index, By Resin
• 7.2.Polypropylene*
  • 7.2.1.Introduction
  • 7.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
• 7.3.Polyamide
• 7.4.Polybutylene Terephthalate
• 7.5.Others

8.By Fiber

• 8.1.Introduction
  • 8.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Fiber
  • 8.1.2.Market Attractiveness Index, By Fiber
• 8.2.Glass*
  • 8.2.1.Introduction
  • 8.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
• 8.3.Carbon
• 8.4.Others

9.By Manufacturing Process

• 9.1.Introduction
  • 9.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Manufacturing Process
  • 9.1.2.Market Attractiveness Index, By Manufacturing Process
• 9.2.Injection Molding*
  • 9.2.1.Introduction
  • 9.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
• 9.3.Pultrusion
• 9.4.Direct-LFT
• 9.5.Others

10.By End-User

• 10.1.Introduction
  • 10.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 10.1.2.Market Attractiveness Index, By End-User
• 10.2.Automotive*
  • 10.2.1.Introduction
  • 10.2.2.Market Size Analysis and Y-o-Y Growth Analysis (%)
• 10.3.Aerospace
• 10.4.Electrical & Electronics
• 10.5.Buildings & Construction
• 10.6.Sporting Equipment
• 10.7.Other

11.By Region

• 11.1.Introduction
  • 11.1.1.Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
  • 11.1.2.Market Attractiveness Index, By Region
• 11.2.North America
  • 11.2.1.Introduction
  • 11.2.2.Key Region-Specific Dynamics
  • 11.2.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Resin
  • 11.2.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Fiber
  • 11.2.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Manufacturing Process
  • 11.2.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 11.2.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 11.2.7.1.U.S.
    • 11.2.7.2.Canada
    • 11.2.7.3.Mexico
• 11.3.Europe
  • 11.3.1.Introduction
  • 11.3.2.Key Region-Specific Dynamics
  • 11.3.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Resin
  • 11.3.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Fiber
  • 11.3.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Manufacturing Process
  • 11.3.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 11.3.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 11.3.7.1.Germany
    • 11.3.7.2.UK
    • 11.3.7.3.France
    • 11.3.7.4.Italy
    • 11.3.7.5.Spain
    • 11.3.7.6.Rest of Europe
• 11.4.South America
  • 11.4.1.Introduction
  • 11.4.2.Key Region-Specific Dynamics
  • 11.4.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Resin
  • 11.4.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Fiber
  • 11.4.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Manufacturing Process
  • 11.4.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 11.4.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 11.4.7.1.Brazil
    • 11.4.7.2.Argentina
    • 11.4.7.3.Rest of South America
• 11.5.Asia-Pacific
  • 11.5.1.Introduction
  • 11.5.2.Key Region-Specific Dynamics
  • 11.5.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Resin
  • 11.5.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Fiber
  • 11.5.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Manufacturing Process
  • 11.5.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
  • 11.5.7.Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
    • 11.5.7.1.China
    • 11.5.7.2.India
    • 11.5.7.3.Japan
    • 11.5.7.4.Australia
    • 11.5.7.5.Rest of Asia-Pacific
• 11.6.Middle East and Africa
  • 11.6.1.Introduction
  • 11.6.2.Key Region-Specific Dynamics
  • 11.6.3.Market Size Analysis and Y-o-Y Growth Analysis (%), By Resin
  • 11.6.4.Market Size Analysis and Y-o-Y Growth Analysis (%), By Fiber
  • 11.6.5.Market Size Analysis and Y-o-Y Growth Analysis (%), By Manufacturing Process
  • 11.6.6.Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User

12.Competitive Landscape

• 12.1.Competitive Scenario
• 12.2.Market Positioning/Share Analysis
• 12.3.Mergers and Acquisitions Analysis

13.Company Profiles

• 13.1.BASF SE*
  • 13.1.1.Company Overview
  • 13.1.2.Product Portfolio and Description
  • 13.1.3.Financial Overview
  • 13.1.4.Key Developments
• 13.2.SABIC
• 13.3.Lanxess
• 13.4.Avient Corporation
• 13.5.Solvay SA
• 13.6.Asahi Kasei Corporation
• 13.7.Daicel Corporation
• 13.8.RTP Company
• 13.9.Celanese Corporation
• 13.10.Toray Industries, Inc.

LIST NOT EXHAUSTIVE

14.Appendix

• 14.1.About Us and Services
• 14.2.Contact Us