Thermoplastic Composites Market worth 36.0 Billion USD by 2024, registering a CAGR of 5.2%


The report "Thermoplastic Composites Market by Resin Type (Polypropylene, Polyamide, Polyetheretherketone, Hybrid), Fiber Type (Glass, Carbon, Mineral), Product Type (SFT, LFT, CFT, GMT), Application, and Region - Global Forecast to 2024" The thermoplastic composites market size is estimated to grow from USD 28.0 billion in 2019 to USD 36.0 billion by 2024, at a CAGR of 5.2% during the forecast period. The thermoplastic composites market is witnessing significant growth because of the growing demand from applications such as transportation, consumer goods & electronics, sports & leisure, and aerospace & defense.

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Browse 82 market data Tables and 48 Figures spread through 158 Pages and in-depth TOC on "Thermoplastic Composites Market”

Glass fiber-reinforced thermoplastic composites accounted for the largest share in the global market, due to its growing consumption in the consumer goods & electronics, aerospace & defense, and automotive applications. In terms of value, the carbon fiber-reinforced thermoplastic composites market accounted for the second-largest position in the market in 2018.

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Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Macroeconomic Overview and Key Trends

8 Thermoplastic Composites Market, By Resin Type

9 Thermoplastic Composites Market, By Product Type

10 Thermoplastic Composites Market, By Fiber Type

11 Thermoplastic Composites Market, By Application

12 Regional Analysis

13 Competitive Landscape

14 Company Profiles

15 Appendix

APAC holds the major share in the thermoplastic composites market, and the trend is expected to remain the same during the forecast period. High demand for the thermoplastic composites from the aerospace & defense, automotive, and electrical & electronics industries is playing a pivotal role in the higher consumption of thermoplastic composites. Moreover, increasing wind turbine installations in the region is also supporting the growth of thermoplastic composites in the region.

Key Market Players

Major 3D printing material manufacturers are Celanese Corporation (US), DowDuPont Inc. (US), Koninklijke DSM N.V. (Netherlands), Solvay S.A. (Belgium), Toray Industries, Inc. (US), Lanxess AG (Germany), and SABIC (Saudi Arabia).

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