デフォルト表紙
市場調査レポート
商品コード
1561435

熱可塑性プラスチック複合材料市場レポート:繊維タイプ、製品、樹脂タイプ、エンドユーザー産業、地域別、2024年~2032年

Thermoplastic Composites Market Report by Fiber Type, Product (Glass Mat Thermoplastics, Advanced Thermoplastic Composites ), Resin Type (Polypropylene, Polyamide, Polyether ether ketone, and Others), End User Industry, and Region 2024-2032


出版日
発行
IMARC
ページ情報
英文 149 Pages
納期
2~3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=143.57円
熱可塑性プラスチック複合材料市場レポート:繊維タイプ、製品、樹脂タイプ、エンドユーザー産業、地域別、2024年~2032年
出版日: 2024年09月10日
発行: IMARC
ページ情報: 英文 149 Pages
納期: 2~3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界の熱可塑性プラスチック複合材料の市場の市場規模は2023年に183億米ドルに達しました。今後、IMARC Groupは、2024年から2032年にかけての成長率(CAGR)は5.3%を示し、2032年には296億米ドルに達すると予測しています。同市場は、軽量・高強度製品に対する需要の高まり、製品の耐久性や耐腐食性に対する意識の高まり、費用対効果やプロセス効率の向上、環境持続性への注目の高まり、材料技術における技術革新の進行などにより、力強い成長を遂げています。

熱可塑性プラスチック複合材料の市場分析:

  • 市場の成長と規模:自動車産業における軽量素材への需要の増加、持続可能性の重視の高まり、様々な産業における製品採用の広がりなどを背景に、市場は安定した成長を遂げています。
  • 主な市場促進要因:市場成長に影響を与える主な促進要因としては、軽量・高強度製品に対する需要の高まり、製品の耐久性や耐腐食性に対する意識の高まり、費用対効果やプロセス効率の上昇、材料技術における技術革新の進行などが挙げられます。
  • 主要市場動向:主な市場動向には、材料技術におけるカスタマイズと技術革新への注目の高まり、複合材料の特性向上を目指した継続的な研究開発への取り組みが含まれます。さらに、航空宇宙産業や高性能産業における先進熱可塑性複合材料(ATC)の採用が増加していることも、市場の成長を後押ししています。
  • 地理的動向:アジア太平洋地域は、自動車および建設セクターが盛んであるため、市場をリードしています。その他の地域も、強力な自動車産業と航空宇宙産業の存在に後押しされ、著しい成長を示しています。
  • 競合情勢:市場は、競争力を維持するために研究開発、事業拡大、持続可能性への取り組みに注力している主要企業の積極的な関与によって特徴付けられています。さらに、各社は戦略的パートナーシップ、買収、顧客中心のアプローチに取り組み、カスタマイズされたソリューションを提供し、世界の存在感を高めています。
  • 課題と機会:市場は、製造・加工設備への高額な初期投資や熟練労働者の必要性など、さまざまな課題に直面しています。しかし、医療やエレクトロニクスなどのニッチ用途における熱可塑性複合材料の需要の高まりや、より持続可能で効率的な製造プロセスの追求が続いていることが、市場成長の新たな機会を生み出しています。

熱可塑性プラスチック複合材料の市場動向:

軽量・高強度製品に対する需要の高まり

自動車や航空宇宙などの産業における軽量・高強度製品への需要の高まりは、市場成長を後押しする主な要因のひとつです。さらに、熱可塑性プラスチック複合材料が金属のような従来の材料に取って代わることができるため、自動車分野では燃費が向上し、排出ガスが削減され、市場成長を後押ししています。これとともに、燃費の向上と積載量の増加に寄与することから、航空宇宙産業における製品需要の高まりが、市場に明るい見通しをもたらしています。このほか、熱可塑性プラスチック複合材を装備した軽量トラックやトレーラーが燃料消費を低減することから、物資輸送に広く採用されていることも、市場の成長を後押ししています。さらに、優れた強度対重量比を提供する材料に対する需要の高まりも、市場の成長を後押ししています。

製品の耐久性と耐腐食性に対する意識の高まり

熱可塑性プラスチック複合材料が提供する耐久性と耐腐食性の向上は、市場成長に寄与する主な要因です。さらに、長寿命とメンテナンスコストの削減を保証するために、橋梁やインフラストラクチャーなどの建設分野で熱可塑性プラスチック複合材料の用途が増加していることも、市場成長を後押ししています。さらに、海水や腐食に強いことから、船舶の船体や海洋構造物などの海洋分野での製品需要が増加していることも、市場の成長を強化しています。これに加えて、化学産業では、腐食性の化学物質を扱う装置やパイプラインに、非反応性である熱可塑性プラスチック複合材料が広く採用されており、これが成長を促進する要因となっています。

熱可塑性コンポジットの費用対効果と工程効率に関する意識の高まり

射出成形や熱成形などの熱可塑性プラスチック複合材料の製造工程は、金属鋳造のような従来の方法と比較して、生産サイクル時間や材料の無駄を削減できるため、市場成長に有利です。さらに、熱可塑性プラスチック複合材料は再生・再利用が可能であるため、そのリサイクル性の高さから採用が増加しており、市場の成長を後押ししています。このほか、生産プロセスを最適化し、経費を削減できることも、市場成長を後押しする有力な要因となっています。これとともに、熱可塑性プラスチック複合材料は軽量化により輸送コストの削減に貢献するため、その用途が拡大していることも市場成長を後押ししています。これに加えて、複合材料を複雑な形状や構造に成形するのが容易なため、材料の無駄が少ないことも市場の成長を支えています。

環境持続性への関心の高まり

環境の持続可能性に関する懸念の高まりは、リサイクル可能でカーボンフットプリントを削減できる熱可塑性プラスチック複合材料の採用を促進し、成長を促進する要因となっています。さらに、持続可能性の目標を達成し、環境への影響を低減するために、自動車や包装などの産業で製品の利用が急増していることも、市場の成長を強化しています。これとともに、厳しい環境規制が実施され、熱可塑性プラスチック複合材を採用するようメーカーに働きかけていることも、環境に優しい慣行を遵守し、その取り組みを強化するのに役立つため、市場の成長に寄与しています。さらに、鉄鋼やアルミニウムのような従来の材料と比較して、リサイクル可能で製造時のエネルギー消費量が少ないため、製品の利用率が高まっていることも、市場の成長を後押ししています。

材料技術の急速な革新

熱可塑性複合材料の研究者とメーカーが、進化する業界の需要に対応するために新しい配合と材料特性を開発することによる絶え間ない技術革新が、市場の成長を刺激しています。これに伴い、熱可塑性プラスチック複合材料の機械的特性の向上に寄与する炭素繊維やガラス繊維などの強化材料の急速な進歩が、市場成長にプラスの影響を与えています。さらに、熱可塑性材料と他の強化要素を組み合わせたハイブリッド複合材料の市場開拓が、市場の成長を拡大しています。このほか、耐熱性、難燃性、耐薬品性を改善した熱可塑性マトリックスの進歩が進み、電子機器や電気部品などの産業への応用範囲が広がっていることも、市場の成長を後押ししています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界の熱可塑性プラスチック複合材料市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:繊維タイプ別

  • ガラス繊維
    • 市場動向
    • 市場予測
  • カーボンファイバー
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳:製品別

  • ガラスマット熱可塑性樹脂(GMT)
    • 市場動向
    • 市場予測
  • 先進熱可塑性複合材料(ATC)
    • 市場動向
    • 市場予測

第8章 市場内訳:樹脂タイプ別

  • ポリプロピレン(PP)
    • 市場動向
    • 市場予測
  • ポリアミド(PA)
    • 市場動向
    • 市場予測
  • ポリエーテルエーテルケトン(PEEK)
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳:エンドユーザー業界別

  • 自動車
    • 市場動向
    • 市場予測
  • 航空宇宙および防衛
    • 市場動向
    • 市場予測
  • 石油・ガス
    • 市場動向
    • 市場予測
  • 建設
    • 市場動向
    • 市場予測
  • 医療
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第10章 市場内訳:地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第11章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第14章 価格分析

第15章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Arkema
    • Avient Corporation
    • BASF SE
    • Celanese Corporation
    • DuPont de Nemours Inc.
    • Hexcel Corporation
    • Koninklijke DSM N.V.
    • Lanxess AG
    • Mitsubishi Chemical Advanced Materials(Mitsubishi Chemical Holdings Corporation)
    • PPG Industries Inc.
    • SABIC(Saudi Arabian Oil Co.)
    • Solvay
図表

List of Figures

  • Figure 1: Global: Thermoplastic Composites Market: Major Drivers and Challenges
  • Figure 2: Global: Thermoplastic Composites Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Thermoplastic Composites Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Thermoplastic Composites Market: Breakup by Fiber Type (in %), 2023
  • Figure 5: Global: Thermoplastic Composites Market: Breakup by Product (in %), 2023
  • Figure 6: Global: Thermoplastic Composites Market: Breakup by Resin Type (in %), 2023
  • Figure 7: Global: Thermoplastic Composites Market: Breakup by End User Industry (in %), 2023
  • Figure 8: Global: Thermoplastic Composites Market: Breakup by Region (in %), 2023
  • Figure 9: Global: Thermoplastic Composites (Glass Fiber) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Thermoplastic Composites (Glass Fiber) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Thermoplastic Composites (Carbon Fiber) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Thermoplastic Composites (Carbon Fiber) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Thermoplastic Composites (Other Fiber Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Thermoplastic Composites (Other Fiber Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Thermoplastic Composites (Glass Mat Thermoplastics-GMT) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Thermoplastic Composites (Glass Mat Thermoplastics-GMT) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Thermoplastic Composites (Advanced Thermoplastic Composites-ATC) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Thermoplastic Composites (Advanced Thermoplastic Composites-ATC) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Thermoplastic Composites (Polypropylene-PP) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Thermoplastic Composites (Polypropylene-PP) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Thermoplastic Composites (Polyamide-PA) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Thermoplastic Composites (Polyamide-PA) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Thermoplastic Composites (Polyether ether ketone-PEEK) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Thermoplastic Composites (Polyether ether ketone-PEEK) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Thermoplastic Composites (Other Resin Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Thermoplastic Composites (Other Resin Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Thermoplastic Composites (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Thermoplastic Composites (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Global: Thermoplastic Composites (Aerospace and Defense) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Thermoplastic Composites (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Global: Thermoplastic Composites (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Global: Thermoplastic Composites (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: Global: Thermoplastic Composites (Construction) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: Global: Thermoplastic Composites (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: Global: Thermoplastic Composites (Medical) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: Global: Thermoplastic Composites (Medical) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Global: Thermoplastic Composites (Other End User Industries) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Global: Thermoplastic Composites (Other End User Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: North America: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: North America: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: United States: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: United States: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: Canada: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: Canada: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: Asia-Pacific: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: Asia-Pacific: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: China: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: China: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Japan: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Japan: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: India: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: India: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: South Korea: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: South Korea: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: Australia: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: Australia: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: Indonesia: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: Indonesia: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: Others: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: Others: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: Europe: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: Europe: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Germany: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Germany: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: France: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: France: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: United Kingdom: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: United Kingdom: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: Italy: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: Italy: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Spain: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: Spain: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Russia: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Russia: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 75: Others: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 76: Others: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Latin America: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 78: Latin America: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Brazil: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 80: Brazil: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 81: Mexico: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 82: Mexico: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 83: Others: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 84: Others: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 85: Middle East and Africa: Thermoplastic Composites Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 86: Middle East and Africa: Thermoplastic Composites Market: Breakup by Country (in %), 2023
  • Figure 87: Middle East and Africa: Thermoplastic Composites Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 88: Global: Thermoplastic Composites Industry: SWOT Analysis
  • Figure 89: Global: Thermoplastic Composites Industry: Value Chain Analysis
  • Figure 90: Global: Thermoplastic Composites Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Thermoplastic Composites Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Thermoplastic Composites Market Forecast: Breakup by Fiber Type (in Million US$), 2024-2032
  • Table 3: Global: Thermoplastic Composites Market Forecast: Breakup by Product (in Million US$), 2024-2032
  • Table 4: Global: Thermoplastic Composites Market Forecast: Breakup by Resin Type (in Million US$), 2024-2032
  • Table 5: Global: Thermoplastic Composites Market Forecast: Breakup by End User Industry (in Million US$), 2024-2032
  • Table 6: Global: Thermoplastic Composites Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 7: Global: Thermoplastic Composites Market: Competitive Structure
  • Table 8: Global: Thermoplastic Composites Market: Key Players
目次
Product Code: SR112024A4587

The global thermoplastic composites market size reached US$ 18.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 29.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032. The market is witnessing robust growth, driven by the growing demand for lightweight and high-strength products, increasing awareness about product durability and resistance to corrosion, rising cost-effectiveness and process efficiency, heightened focus on environmental sustainability, and the ongoing innovations in material technology.

Thermoplastic Composites Market Analysis:

  • Market Growth and Size: The market is witnessing stable growth, driven by the increasing automotive industry's demand for lightweight materials, rising emphasis on sustainability, and widespread product adoption in various industries.
  • Major Market Drivers: Key drivers influencing the market growth include the growing demand for lightweight and high-strength products, increasing awareness about product durability and resistance to corrosion, rising cost-effectiveness and process efficiency, and the ongoing innovations in material technology.
  • Key Market Trends: The key market trends involve the rising focus on customization and innovation in material technology and continuous research and development (R&D) efforts aimed at improving composites' properties. Additionally, the increasing adoption of advanced thermoplastic composites (ATC) in the aerospace and high-performance industries is bolstering the market growth.
  • Geographical Trends: Asia Pacific leads the market due to its thriving automotive and construction sectors. Other regions are also showing significant growth, fueled by the presence of strong automotive and aerospace industries.
  • Competitive Landscape: The market is characterized by the active involvement of key players that are focusing on research and development (R&D), expansion, and sustainability initiatives to maintain their competitive edge. Furthermore, companies are engaging in strategic partnerships, acquisitions, and customer-centric approaches to provide customized solutions and broaden their global presence.
  • Challenges and Opportunities: The market faces various challenges, such as high initial investment for manufacturing and processing equipment and the need for skilled labor. However, the growing demand for thermoplastic composites in niche applications, such as medical and electronics, and the ongoing pursuit of more sustainable and efficient manufacturing processes are creating new opportunities for the market growth.

Thermoplastic Composites Market Trends:

Growing demand for lightweight and high-strength products

The increasing demand for lightweight and high-strength products in industries, such as automotive and aerospace, is one of the major factors propelling the market growth. Moreover, the ability of thermoplastic composites to replace traditional materials like metals, resulting in enhanced fuel efficiency and reduced emissions in the automotive sector, is propelling the market growth. Along with this, the growing product demand in the aerospace industry, as it contributes to improved fuel economy and increased payload capacity, is creating a positive outlook for the market. Besides this, the widespread adoption of thermoplastic composites in the transportation of goods, as lighter trucks and trailers equipped with the product experience reduced fuel consumption, is boosting the market growth. Additionally, the heightened demand for materials that offer superior strength-to-weight ratios is favoring the market growth.

Increasing awareness about product durability and resistance to corrosion

The rising durability and resistance to corrosion offered by thermoplastic composites are a major factor contributing to the market growth. Additionally, the rising application of thermoplastics composites in the construction sector for bridges and infrastructure to ensure longevity and reduce maintenance costs, is enhancing the market growth. Moreover, the growing product demand in the marine sector for boat hulls and offshore structures, due to their resistance to saltwater and corrosion, is strengthening the market growth. In addition to this, the widespread adoption of thermoplastic composites in the chemical industry for equipment and pipelines that handle corrosive chemicals, owing to their non-reactive nature, is acting as a growth-inducing factor.

Rising awareness about cost-effectiveness and process efficiency of thermoplastic composites

The manufacturing processes for thermoplastic composites, such as injection molding and thermoforming, offer reduced production cycle times and material wastage compared to traditional methods like metal casting, favoring the market growth. Moreover, the increasing adoption of thermoplastic composites due to their recyclability as they are reclaimed and reused is bolstering the market growth. Besides this, their ability to optimize production processes and reduce expenses is a compelling factor that is driving the market growth. Along with this, the growing application of thermoplastic composites, as they contribute to lower transportation costs due to their reduced weight, is fostering the market growth. Besides this, the ease of molding the composites into complex shapes and structures, which results in less material wastage, is supporting the market growth.

Escalating concerns about environmental sustainability

The growing concerns about environmental sustainability, driving the adoption of thermoplastic composites due to their recyclability and reduced carbon footprint, are acting as a growth-inducing factor. Moreover, the burgeoning product utilization in industries, such as automotive and packaging to meet sustainability goals and reduce their environmental impact is strengthening the market growth. Along with this, the implementation of stringent environmental regulations, encouraging manufacturers to adopt thermoplastic composites, as it aids companies in complying and reinforcing their commitment to eco-friendly practices, is contributing to the market growth. Furthermore, the rising product utilization due to their recyclability and reduced energy consumption during manufacturing compared to traditional materials like steel and aluminum, is enhancing the market growth.

Rapid innovations in material technology

The continuous innovations in thermoplastic composite material as researchers and manufacturers develop new formulations and material properties to meet the evolving industry demand are stimulating the market growth. In line with this, rapid advancements in reinforcement materials, such as carbon fiber and glass fiber, that contribute to improved mechanical properties of thermoplastic composites are positively impacting the market growth. Additionally, the development of hybrid composites, which combine thermoplastic materials with other reinforcing elements, is broadening the market growth. Besides this, the rising advancements in thermoplastic matrices with improved heat resistance, flame retardancy, and chemical resistance that expand the application scope to industries like electronics and electrical components are boosting the market growth.

Thermoplastic Composites Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on fiber type, product, resin type, and end user industry.

Breakup by Fiber Type:

  • Glass Fiber
  • Carbon Fiber
  • Others

Glass fiber accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the fiber type. This includes glass fiber, carbon fiber, and others. According to the report, glass fiber represented the largest segment.

Glass fiber-based thermoplastic composites hold the dominant position in the market due to their widespread use in various industries, such as automotive and construction. They are valued for their cost-effectiveness, excellent strength-to-weight ratio, and versatility. In line with this, the growing product application in the automotive sector for manufacturing components, like automotive panels, interior parts, and under-the-hood applications, is favoring the market growth. Moreover, the growing reliance in the construction industry on glass fiber composites for reinforcing materials like rebar and construction panels, enhancing structural integrity while reducing maintenance needs, is boosting the market growth.

Carbon fiber-based thermoplastic composites are characterized by their exceptional strength and low weight. They find extensive use in high-performance applications that require enhanced rigidity and weight reduction properties. Along with this, the increasing demand for carbon-based thermoplastics composites in the aerospace industry, sports and recreational activities, and wind energy sector, is favoring the market growth.

Breakup by Product:

  • Glass Mat Thermoplastics (GMT)
  • Advanced Thermoplastic Composites (ATC)

Glass mat thermoplastics (GMT) holds the largest share in the industry

A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes glass mat thermoplastics (GMT) and advanced thermoplastic composites (ATC). According to the report, glass mat thermoplastics (GMT) accounted for the largest market share.

Glass mat thermoplastics (GMT) hold a dominant position in the market due to their versatility and cost-effectiveness. They are widely used in the automotive industry for manufacturing interior components, such as door panels and instrument panels, owing to their excellent moldability and ability to incorporate various textures and finishes. Moreover, GMT's high strength-to-weight ratio makes it an ideal choice for automotive under-the-hood applications, contributing to improved fuel efficiency. Besides this, the widespread product demand in the construction sector for producing structural components like wall panels and roofing materials, due to their resistance to environmental factors and low maintenance requirements, is enhancing the market growth.

Advanced thermoplastic composites (ATC) are known for their exceptional mechanical properties and high-performance capabilities. They are employed in various industries that require compliance with stringent standards, such as aerospace and defense. In line with this, the increasing utilization of ATC in the aerospace sector for aircraft structures and components, providing a combination of lightweight design and strength necessary for high-altitude flight, is contributing to the market growth.

Breakup by Resin Type:

  • Polypropylene (PP)
  • Polyamide (PA)
  • Polyether Ether Ketone (PEEK)
  • Others

Polypropylene (PP) represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the resin type. This includes polypropylene (PP), polyamide (PA), polyether ether ketone (PEEK), and others. According to the report, polypropylene (PP) represented the largest segment.

Polypropylene (PP) dominates the market share owing to its wide range of applications and cost-effectiveness. PP-based composites are extensively utilized in the automotive industry for manufacturing components like interior panels, bumpers, and underbody shields. Moreover, their lightweight nature contributes to enhanced fuel efficiency in vehicles. Besides this, the growing product application in the consumer goods sector for appliances and furniture, due to their durability and resistance to wear and tear, is acting as a growth-inducing factor. Furthermore, the heightened adoption of polypropylene composites in the packaging industry due to their ability to create lightweight and strong packaging materials is strengthening the market growth.

Polyamide-based thermoplastic composites are utilized in industries requiring high-temperature resistance and exceptional mechanical properties. Moreover, the widespread product demand in the aerospace sector for aircraft engine components, due to their ability to withstand elevated temperatures and high-stress conditions, is boosting the market growth. Along with this, the increasing application of polyamide-based thermoplastic components in the electronics, sports, and recreation industries is driving the market growth.

Polyether ether ketone (PEEK)-based thermoplastic composites are known for their exceptional chemical resistance and mechanical strength at high temperatures. They are widely utilized in various industries, such as oil and gas and medicine. Moreover, the growing demand for PEEK composites in sectors that deal with extreme conditions and require material reliability is favoring the market growth.

Breakup by End User Industry:

  • Automotive
  • Aerospace and Defense
  • Oil and Gas
  • Construction
  • Medical
  • Others

Automotive exhibits a clear dominance in the market

A detailed breakup and analysis of the market based on the end user industry have also been provided in the report. This includes automotive, aerospace and defense, oil and gas, construction, medical, and others. According to the report, automotive accounted for the largest market share.

The automotive industry holds the largest market share, driven by the rising need for lightweight materials that enhance fuel efficiency and reduce emissions. Thermoplastic composites that are based on materials like polypropylene and glass fiber are widely used for manufacturing interior components, exterior panels, and structural elements in vehicles. Along with this, the widespread product utilization in the automotive sector, as it contributes to weight reduction, provides design flexibility, and improves crash performance, is creating a positive outlook for the market growth. Additionally, the ease of processing and recyclability of the composites align with the industry's goals of reducing environmental impact throughout the entire vehicle lifecycle.

The aerospace and defense industry relies on thermoplastic composites due to their exceptional strength-to-weight ratio, resistance to high temperatures, and durability. They are used for manufacturing aircraft components, such as interior panels, structural parts, and engine components. Moreover, thermoplastic composites' lightweight properties contribute to fuel savings and enhance aircraft performance.

In the oil and gas industry, thermoplastic composites find application in downhole tools and components owing to their non-reactive nature, durability, cost-effectiveness, and resistance to corrosion, chemicals, and extreme temperatures. They help reduce maintenance costs and extend the service life of equipment used in harsh drilling and production environments.

The construction industry utilizes thermoplastic composites for various applications, including wall panels, roofing materials, and reinforcement elements like rebar. Their durability, resistance to environmental factors, and low maintenance requirements make them a favorable choice for construction projects seeking long-lasting and sustainable solutions. Furthermore, the development of advanced composites that are easy to mold and shape, providing flexibility in construction activities, is supporting the market growth.

The medical industry leverages the biocompatibility and sterilization resistance of thermoplastic composites, particularly those based on materials like polyether ether ketone (PEEK). They are employed in the production of biocompatible implants, surgical instruments, and medical equipment. Moreover, the increasing demand for thermoplastic composites in the medical sector due to the rising healthcare advances and the development of new materials is favoring the market growth.

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

Asia Pacific leads the market, accounting for the largest thermoplastic composites market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

Asia Pacific dominates the market due to the region's thriving automotive and construction industries. Moreover, rapid industrialization and urbanization, leading to increased demand for thermoplastic composites in construction applications, such as roofing materials and structural components, is creating a positive outlook for the market growth. Along with this, the expanding automotive sector in the region and the growing focus on lightweight automotive components to improve fuel efficiency and reduce emissions are contributing to the market growth. In addition to this, the increasing availability of raw materials and a skilled workforce in the region is providing a thrust to the market growth.

Europe represents a significant market for thermoplastic composites, driven by its robust automotive and aerospace industries. Moreover, the rising focus on lightweight materials to meet stringent emission standards, leading to the adoption of thermoplastic composites in vehicle manufacturing, is favoring the market growth. Additionally, the growing product adoption to meet sustainability and stringent environmental regulations is boosting the market growth.

North America is a key player in the market due to the increasing aerospace, automotive, and oil and gas industries. In line with this, the growing demand for thermoplastic composites in the aerospace sector, as manufacturers incorporate the product into aircraft structures due to its lightweight and durable properties, is fostering the market growth.

Latin America is a growing market for thermoplastic composites due to the increasing product demand in industries, such as construction and automotive for multiple applications, such as roofing, body panels, and vehicle exterior. In line with this, the rising adoption of thermoplastic composites in infrastructure applications is favoring the market growth.

The Middle East and Africa (MEA) region is gradually adopting thermoplastic composites in the construction and oil and gas sectors, due to their resistance to extreme temperatures and environmental conditions and durability. Besides this, the growing infrastructure development and exploration activities in the oil and gas sector are driving the market growth.

Leading Key Players in the Thermoplastic Composites Industry:

The major players in the market are engaged in various strategies to maintain their competitive edge and meet the evolving industry demand. They are focusing on R&D efforts to enhance the performance characteristics of thermoplastic composites. Moreover, key manufacturers are developing advanced formulations, incorporating new reinforcement materials, and improving processing techniques to meet the specific needs of diverse end-user industries. Besides this, they are expanding their production capacities and global presence through strategic acquisitions and partnerships. In addition to this, the leading companies are investing in eco-friendly manufacturing processes and recyclability of thermoplastic composites to align with global environmental regulations and customer preferences.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

  • Arkema S.A.
  • Avient Corporation
  • BASF SE
  • Celanese Corporation
  • DuPont de Nemours Inc.
  • Hexcel Corporation
  • Koninklijke DSM N.V.
  • Lanxess AG
  • Mitsubishi Chemical Advanced Materials (Mitsubishi Chemical Holdings Corporation)
  • PPG Industries Inc.
  • SABIC (Saudi Arabian Oil Co.)
  • Solvay S.A.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

  • In September 2021, Mitsubishi Chemical Corporation and Mitsubishi Chemical Advanced Materials Japan Ltd. announced the development of a thermoplastic composite material Filled and Reinforced Thermoplastics (FRTP), which offers flame retardancy, high production performance, and recyclability.
  • In October 2023, Avient Corporation announced the launch of new ballistic-resistant panels, ThermoBallistic Thermoplastic Composite Panels.
  • In April 2023, Hexcel presented an array of composite innovations for aerospace and urban air mobility customer applications.

Key Questions Answered in This Report:

  • How has the global thermoplastic composites market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global thermoplastic composites market?
  • What is the impact of each driver, restraint, and opportunity on the global thermoplastic composites market?
  • What are the key regional markets?
  • Which countries represent the most attractive thermoplastic composites market?
  • What is the breakup of the market based on the fiber type?
  • Which is the most attractive fiber type in the thermoplastic composites market?
  • What is the breakup of the market based on the product?
  • Which is the most attractive product in the thermoplastic composites market?
  • What is the breakup of the market based on the resin type?
  • Which is the most attractive resin type in the thermoplastic composites market?
  • What is the breakup of the market based on the end user industry?
  • Which is the most attractive end user industry in the thermoplastic composites market?
  • What is the competitive structure of the market?
  • Who are the key players/companies in the global thermoplastic composites market?

Table of Contents

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 Thermoplastic Composites Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Fiber Type

  • 6.1 Glass Fiber
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Carbon Fiber
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Others
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Product

  • 7.1 Glass Mat Thermoplastics (GMT)
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Advanced Thermoplastic Composites (ATC)
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Resin Type

  • 8.1 Polypropylene (PP)
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Polyamide (PA)
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Polyether ether ketone (PEEK)
    • 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 End User Industry

  • 9.1 Automotive
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Aerospace and Defense
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Oil and Gas
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Construction
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Medical
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast
  • 9.6 Others
    • 9.6.1 Market Trends
    • 9.6.2 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 Arkema
      • 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 Avient Corporation
      • 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 BASF SE
      • 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 Celanese Corporation
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
      • 15.3.4.4 SWOT Analysis
    • 15.3.5 DuPont de Nemours Inc.
      • 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 Hexcel 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 Koninklijke DSM N.V.
      • 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 Lanxess AG
      • 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 Mitsubishi Chemical Advanced Materials (Mitsubishi Chemical Holdings Corporation)
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
    • 15.3.10 PPG 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
    • 15.3.11 SABIC (Saudi Arabian Oil Co.)
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
      • 15.3.11.4 SWOT Analysis
    • 15.3.12 Solvay
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials
      • 15.3.12.4 SWOT Analysis