熱可塑性樹脂の世界市場：2024年～2031年

概要

熱可塑性樹脂の世界市場は2023年に105億米ドルに達し、2031年には155億米ドルに達すると予測され、予測期間2024-2031年のCAGRは5.0%で成長する見込みです。

軽量で自然再生可能な資源に対する需要の高まりと、様々な最終用途産業での用途拡大が主な促進要因です。自動車産業は熱可塑性樹脂の最大のエンドユーザーです。軽量でCO2排出量の少ない自動車の開発需要の増加が、自動車分野における熱可塑性樹脂の需要を牽引しています。

さらに、自動車産業における熱可塑性樹脂の使用拡大が市場拡大の原動力となっています。ドイツは欧州の主要自動車メーカーです。ドイツ自動車工業会によると、2023年3月のドイツの自動車生産台数は44万1,990台で、前年比67%増です。

2023年には、北米が世界の熱可塑性樹脂市場の20%以上を占め、第2の支配地域になると予想されます。より持続可能でリサイクル可能な複合材料に関する高い研究開発活動が、予測期間中に同地域を牽引するとみられます。製品需要は、輸送、航空宇宙・防衛、風力エネルギー、建設といった地域の最終用途産業で増加しています。

市場力学

研究開発の増加

継続的な研究開発により、強度、耐熱性、環境性能の向上などの特徴を改善した革新的な熱可塑性樹脂のイントロダクションがもたらされています。3Dプリンティング、射出成形、押出成形などの製造方法の進歩により、熱可塑性樹脂の用途と効率が向上し、汎用性とコスト効率が高まっています。

例えば2021年、ソルベイとレオナルドは航空用熱可塑性樹脂を生産するための共同研究施設を設立しました。熱可塑性樹脂はまた、建設業界が急ピッチで拡大を続ける中で発展していくと予測されています。熱可塑性樹脂は、住宅構造物、インフラストラクチャー、水道施設の開発に利用されています。熱可塑性樹脂の優れた品質は、建設製品の生産に最適な選択肢となっています。

自動車産業への投資拡大

自動車メーカーは、燃費向上と排出ガス削減のため、車両の軽量化にますます力を入れています。軽量であることで知られる熱可塑性樹脂は、多くの自動車部品で金属などの重い材料に取って代わりつつあります。電気自動車市場の急速な拡大は、革新的な材料への需要を促進しています。適応性、軽量性、電気絶縁性により、EV製造には欠かせないです。

2022年、米国の自動車メーカーは、国内のEV製造に130億米ドルの投資を提案し、2020年の支出の3倍以上となった。トヨタはカロライナの製造拠点に25億米ドルを投資すると発表しました。ホンダとLGエナジー・ソリューションは、EVとバッテリーの製造を開発するために44億米ドルの合弁会社を設立しました。これらの変動要因は、自動車製造の増加につながると予測されます。

規制と原材料価格の変動

世界中の政府がプラスチック廃棄物や汚染を減らすために厳しい環境規制を制定しています。こうした要件を遵守するためには、持続可能な慣行や技術への大規模な投資が頻繁に必要となります。多くの国が使い捨てプラスチックの禁止を実施、または実施する予定であり、特定の種類の熱可塑性樹脂の需要に直接的な影響を与えています。

石油化学は熱可塑性樹脂の一次情報源です。原油価格の変動は原材料コストに大きな影響を及ぼし、その結果、製造コストは予測不可能なものとなります。特性や持続可能性を改善した、新しく洗練された熱可塑性樹脂を作るには、研究開発に多額の投資をする必要があります。小規模な組織では、そのような技術革新にリソースを割くのに苦労するかもしれないです。

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
    • 研究開発の活発化
    • 自動車産業への投資拡大
  • 抑制要因
    • 規制と原料価格の変動
  • 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
• ポリフェニレンサルファイド
• ポリカーボネート
• その他

第8章 繊維別

• ガラス
• カーボン
• その他

第9章 製品別

• 短繊維強化熱可塑性プラスチック
• 長繊維強化熱可塑性プラスチック
• 連続繊維強化熱可塑性プラスチック
• ガラスマット熱可塑性樹脂

第10章 エンドユーザー別

• 航空宇宙および防衛
• 電気・電子
• 自動車
• 建設
• 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
  • ロシア
  • 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
  • 樹脂ポートフォリオと説明
  • 財務概要
  • 主な発展
• Arkema SA
• DSM
• Hexcel Corporation
• LANXESS
• SABIC
• Solvay SA
• SGL Carbon
• LyondellBasell Industries Holdings BV
• The Lubrizol Corporation

第14章 付録

Overview

Global Thermoplastic Resins Market reached US$ 10.5 billion in 2023 and is expected to reach US$ 15.5 billion by 2031, growing with a CAGR of 5.0% during the forecast period 2024-2031.

The rising demand for lightweight and naturally renewable resources, as well as their expanding uses in various end-use industries, is the primary driver. The automotive industry is the largest end-user of thermoplastic resin. The increased demand for developing lightweight and low CO2 emission automobiles drives the demand for thermoplastic resins in the automobile sector.

Furthermore, the expanding use of thermoplastic in the automotive industry is driving the market expansion. Germany is Europe's major automotive manufacturers. In accordance with the German Association of the Automotive Industry, Germany manufactured 441,990 units of vehicles in March 2023, a 67% increase from the previous year.

In 2023, North America is expected to be the second-dominant region with over 20% of the global thermoplastic resins market. High R&D activity in more sustainable and recyclable composite materials is likely to drive the region forward during the forecast period. Product demand has increased in regional end-use industries such as transportation, aerospace and defense, wind energy, and construction.

Dynamics

Rising Research and Development

Ongoing research and development are resulting in the introduction of innovative thermoplastic resins with improved features such as increased strength, heat resistance, and environmental performance. Advances in manufacturing methods like 3D printing, injection molding, and extrusion are boosting thermoplastic resin applications and efficiency, making them more versatile and cost-effective.

For example, in 2021, Solvay and Leonardo formed a joint research facility to produce thermoplastics for aeronautical purposes. Thermoplastic resins are also predicted to develop as the construction industry continues to expand at a rapid pace. It is utilized in the development of residential structures, infrastructure, and water utilities. The excellent qualities of thermoplastic resins make them a perfect alternative for the production of construction products.

Growing Investments in the Automotive Industry

Automobile producers are increasingly concentrating on reducing vehicle weight to enhance fuel efficiency and reduce emissions. Thermoplastic resins, which are known for their lightweight qualities, are replacing heavier materials such as metals in many vehicle components. The rapid expansion of the electric car market is fueling demand for innovative materials. It is critical in EV manufacturing due to its adaptability, lightweight, and electrical insulating qualities.

In 2022, U.S. automotive manufacturers proposed a US$ 13 billion investment in domestic EV manufacturing, more than tripling their expenditure in 2020. Toyota has announced a US$ 2.5 billion investment in its Carolina manufacturing site. Honda and LG Energy Solution established a US$ 4.4 billion joint venture to develop EV and battery manufacturing. The variables are projected to lead to increased automobile manufacturing.

Regulations and Volatility in Raw Material Price

Governments all over the world are enacting strict environmental restrictions to decrease plastic waste and pollution. Compliance with these requirements frequently necessitates large investments in sustainable practices and technologies. Many nations have implemented or plan to implement single-use plastic bans, which have a direct impact on the demand for particular types of thermoplastic resins.

Petrochemicals serve as the primary source of thermoplastic resins. Crude oil price fluctuations can have a substantial impact on the cost of raw materials, resulting in unpredictable manufacturing costs. Creating new and sophisticated thermoplastic resins with improved characteristics or sustainability features necessitates significant investment in R&D. Smaller organizations may struggle to allocate resources for such innovation.

Segment Analysis

The global thermoplastic resin market is segmented based on resin, fiber, product, end-user, and region.

Rising Applications in Automotive Production Drive the Segment Growth

Automotive is expected to be the dominant segment with more than 30% of the market during the forecast period 2024-2031. Thermoplastic resins are referred to for their great toughness and lightweight properties. The automotive industry widely uses glass mat thermoplastics for a variety of applications. The resins are used in the automotive industry for seat frames, battery trays, bumper beams, load floors, front ends, valve covers, rocker panels, and under-engine coverings.

In accordance to the Organisation Internationale des Constructeurs d'Automobiles (OICA), more than 85,016,728 motor vehicles were produced globally in 2022, up 6% from the previous year, showing an increased demand for thermoplastic composites from automotive part manufacturing.

Geographical Penetration

Rising Demand from Automotive Industry in Asia-Pacific

Asia-Pacific is expected to be the dominant region in the global thermoplastic resins market covering over 30% of the market. The usage of thermoplastic resins in the automotive sector is in great demand due to the ability to produce a diverse range of products that meet the industry's requirements. China is the world's largest automotive market in terms of both production and sales. The Chinese government is taking measures to tighten the economy.

In accordance to the China Association of Automobile Manufacturers, China has the world's largest automobile production base, with 27 million vehicles produced in 2022, a 3.4% rise from 26 million units produced the previous year. Furthermore, China's 14th Five-Year Plan contains a government-led initiative to integrate digital technologies into the building and construction processes. It is projected to increase demand for thermoplastic resins in the region.

Competitive Landscape

The major global players in the market include BASF SE, Arkema SA, DSM, Hexcel Corporation, LANXESS, SABIC, Solvay SA, SGL Carbon, LyondellBasell Industries Holdings BV and The Lubrizol Corporation.

COVID-19 Impact Analysis

Lockdowns and limitations in major production regions caused significant disruptions in the supply of raw materials required to manufacture thermoplastic resins. The epidemic caused transportation delays and increased expenses due to restrictions on mobility, limited shipping capacity, and port congestion. Lockdown procedures, social distance rules, and health concerns forced several manufacturing plants to temporarily close or limit operations. It resulted in lower production capacity for thermoplastic resins.

Due to economic uncertainty and lockdown measures, demand from vital industries like automotive, construction, and consumer goods fell sharply early in the epidemic. Demand progressively recovered when economies reopened and consumer confidence was restored, notably in areas like packaging, medical gadgets, and personal protective equipment (PPE), which experienced higher demand owing to the epidemic.

Russia-Ukraine War Impact

Russia and Ukraine are major suppliers of raw materials and feedstock for thermoplastic resin manufacture. The violence has affected the delivery of essential commodities like natural gas, crude oil, and petrochemical derivatives. The war has significantly disrupted transportation networks, including road, rail, and maritime transit. Blocked ports and damaged infrastructure have exacerbated the transportation of raw materials and finished goods.

Russia is a large exporter of natural gas and oil, both of which are required for the production of thermoplastic resin. The conflict has resulted in dramatic increases in global energy prices, affecting production costs for resin producers. Supply disruptions and rising energy prices have also boosted raw material costs, resulting in higher thermoplastic resin prices.

By Resin

• Polypropylene
• Polyamide
• Polybutylene Terephthalate
• Polyphenylene Sulfide
• Polycarbonate
• Others

By Fiber

• Glass
• Carbon
• Others

By Product

• Short Fiber-Reinforced Thermoplastic
• Long Fiber-Reinforced Thermoplastic
• Continuous Fiber-Reinforced Thermoplastic*
• Glass-Mat Thermoplastic

By End-User

• Aerospace and Defense
• Electrical and Electronics
• Automotive
• Construction
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • 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 April 2023, LANXESS announced the formation of a joint venture with Advent International focusing on engineering materials, which will start operations on April 1, 2023. DSM's Engineering Materials section and LANXESS's former High-Performance Materials business teamed up to form the new joint venture. LANXESS holds roughly 40% of the joint venture, while Advent International owns about 60%.
• In April 2023, Solvay and GKN Aerospace declared the extension of their partnership agreement, under which both businesses would build a combined thermoplastic composites (TPC) roadmap to study breakthrough materials and production techniques for aircraft structures and collaboratively target future critical high-rate applications.

Why Purchase the Report?

• To visualize the global thermoplastic resins market segmentation based on resin, fiber, product, 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 thermoplastic resins 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 thermoplastic resins market report would provide approximately 70 tables, 69 figures, and 207 pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

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 Product
• 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. Rising research and development
    • 4.1.1.2. Growing investments in automotive industry
  • 4.1.2. Restraints
    • 4.1.2.1. Regulations and volatility in raw material price
  • 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. Polyphenylene Sulfide
• 7.6. Polycarbonate
• 7.7. 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 Product

• 9.1. Introduction
  • 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
  • 9.1.2. Market Attractiveness Index, By Product
• 9.2. Short Fiber-Reinforced Thermoplastic*
  • 9.2.1. Introduction
  • 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
• 9.3. Long Fiber-Reinforced Thermoplastic
• 9.4. Continuous Fiber-Reinforced Thermoplastic
• 9.5. Glass-Mat Thermoplastic

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. Aerospace and Defense*
  • 10.2.1. Introduction
  • 10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
• 10.3. Electrical and Electronics
• 10.4. Automotive
• 10.5. Construction
• 10.6. Others

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 Product
  • 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. The 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 Product
  • 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. Russia
    • 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 Product
  • 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 Product
  • 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 Product
  • 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. Resin Portfolio and Description
  • 13.1.3. Financial Overview
  • 13.1.4. Key Developments
• 13.2. Arkema SA
• 13.3. DSM
• 13.4. Hexcel Corporation
• 13.5. LANXESS
• 13.6. SABIC
• 13.7. Solvay SA
• 13.8. SGL Carbon
• 13.9. LyondellBasell Industries Holdings BV
• 13.10. The Lubrizol Corporation

LIST NOT EXHAUSTIVE

14. Appendix

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