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Global Long Fiber Thermoplastics Market to reach USD 8.51 billion by the end of 2029.

Global Long Fiber Thermoplastics Market Size study & Forecast, by Resin Type (Polypropylene, Polyamide, Polyether Ether Ketone (PEEK), Others) by Manufacturing Process (Injection Molding, Pultrusion, D-LFT, Others), by Fiber (Glass Fiber, Carbon Fiber, Others), by End-use (Automotive, Aerospace, Electrical & Electronics, Buildings & Construction, Sporting Goods, Others), and Regional Analysis, 2022-2029

Product Code: CMPP-96355748
Publish Date: 25-01-2023
Page: 200

Global Long Fiber Thermoplastics Market is valued at approximately USD 4.06 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.7% over the forecast period 2022-2029. Long fiber thermoplastics is a type of composite material that provides structural performance in various industrial applications to manufacture parts of industrial components. Factors such as less generation of Volatile Organic Compounds (VOCs) and recyclability, rising awareness regarding the properties of long fiber over short fiber thermoplastics, coupled with the increasing demand for long-fiber thermoplastics in the automotive industry are driving the global market growth.

The rising adoption of electric vehicles (EVs) is a chief factor that is stipulating the market demand in the global market. According to The India Brand Equity Foundation (IBEF), there were around 10% of global car sales were electric in the year 2021, which shows a four-fold increase from the market share in 2019. With this, there are over 16.5 million electric vehicles on the road worldwide, which is three times more than there were in 2018. Therefore, the surge in the usage of EVs is propelling the usage of long fiber thermoplastics owing to their properties such as durability, lightweight, flexibility, and thermal resistance. As a result, these factors are accelerating the market growth across the world. Furthermore, the growing investment on the R&D activities and rising use of long fiber thermoplastics in various end-use industries are presenting carious growth prospects to the market over the forecasting years. However, the high processing and manufacturing costs and weaker mechanical properties than thermosets stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Long Fiber Thermoplastics Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the increasing production of electric vehicles (EVs), along with the surge in the demand for long-fiber thermoplastics. Whereas, North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as growing demand from various end-use industries, ongoing R&D activities, as well as rising technological developments in the regional market.

Major market players included in this report are:
RTP Company
JNC Corporation
Avient Corporation
Celanese Corporation
Daicel Corporation
Kingfa SCI. & TECH. CO., LTD.
SGL Carbon
Asahi Kasei Corporation

Recent Developments in the Market:
 In January 2020, BASF SE announced that the acquired the Solvay’s polyamide business with the objective of expanding BASF’s engineering plastics business with innovative products like Technyl.

Global Long Fiber Thermoplastics Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Resin Type, Manufacturing Process, Fiber, End-use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Resin Type:
Polyether Ether Ketone (PEEK)
By Manufacturing Process:
Injection Molding
By Fiber:
Glass Fiber
Carbon Fiber
By End-use:
Electrical & Electronics
Buildings & Construction
Sporting Goods
By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Long Fiber Thermoplastics Market, by Region, 2019-2029 (USD Billion)
1.2.2. Long Fiber Thermoplastics Market, by Resin Type, 2019-2029 (USD Billion)
1.2.3. Long Fiber Thermoplastics Market, by Manufacturing Process, 2019-2029 (USD Billion)
1.2.4. Long Fiber Thermoplastics Market, by Fiber, 2019-2029 (USD Billion)
1.2.5. Long Fiber Thermoplastics Market, by End-use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Long Fiber Thermoplastics Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Long Fiber Thermoplastics Market Dynamics
3.1. Long Fiber Thermoplastics Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing awareness regarding the properties of long fiber over short fiber thermoplastics Rising adoption of electric vehicles (EVs)
3.1.2. Market Challenges High processing and manufacturing costs Weaker mechanical properties than thermosets
3.1.3. Market Opportunities Growing investment on the R&D activities Rising use of long fiber thermoplastics in various end-use industries
Chapter 4. Global Long Fiber Thermoplastics Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Long Fiber Thermoplastics Market, by Resin Type
6.1. Market Snapshot
6.2. Global Long Fiber Thermoplastics Market by Resin Type, Performance – Potential Analysis
6.3. Global Long Fiber Thermoplastics Market Estimates & Forecasts by Resin Type 2019-2029 (USD Billion)
6.4. Long Fiber Thermoplastics Market, Sub Segment Analysis
6.4.1. Polypropylene
6.4.2. Polyamide
6.4.3. Polyether Ether Ketone (PEEK)
6.4.4. Others
Chapter 7. Global Long Fiber Thermoplastics Market, by Manufacturing Process
7.1. Market Snapshot
7.2. Global Long Fiber Thermoplastics Market by Manufacturing Process, Performance – Potential Analysis
7.3. Global Long Fiber Thermoplastics Market Estimates & Forecasts by Manufacturing Process 2019-2029 (USD Billion)
7.4. Long Fiber Thermoplastics Market, Sub Segment Analysis
7.4.1. Injection Molding
7.4.2. Pultrusion
7.4.3. D-LFT
7.4.4. Others
Chapter 8. Global Long Fiber Thermoplastics Market, by Fiber
8.1. Market Snapshot
8.2. Global Long Fiber Thermoplastics Market by Fiber, Performance – Potential Analysis
8.3. Global Long Fiber Thermoplastics Market Estimates & Forecasts by Fiber 2019-2029 (USD Billion)
8.4. Long Fiber Thermoplastics Market, Sub Segment Analysis
8.4.1. Glass Fiber
8.4.2. Carbon Fiber
8.4.3. Others
Chapter 9. Global Long Fiber Thermoplastics Market, by End-use
9.1. Market Snapshot
9.2. Global Long Fiber Thermoplastics Market by End-use, Performance – Potential Analysis
9.3. Global Long Fiber Thermoplastics Market Estimates & Forecasts by End-use 2019-2029 (USD Billion)
9.4. Long Fiber Thermoplastics Market, Sub Segment Analysis
9.4.1. Automotive
9.4.2. Aerospace
9.4.3. Electrical & Electronics
9.4.4. Buildings & Construction
9.4.5. Sporting Goods
9.4.6. Others
Chapter 10. Global Long Fiber Thermoplastics Market, Regional Analysis
10.1. Long Fiber Thermoplastics Market, Regional Market Snapshot
10.2. North America Long Fiber Thermoplastics Market
10.2.1. U.S. Long Fiber Thermoplastics Market Resin Type breakdown estimates & forecasts, 2019-2029 Manufacturing Process breakdown estimates & forecasts, 2019-2029 Fiber breakdown estimates & forecasts, 2019-2029 End-use breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Long Fiber Thermoplastics Market
10.3. Europe Long Fiber Thermoplastics Market Snapshot
10.3.1. U.K. Long Fiber Thermoplastics Market
10.3.2. Germany Long Fiber Thermoplastics Market
10.3.3. France Long Fiber Thermoplastics Market
10.3.4. Spain Long Fiber Thermoplastics Market
10.3.5. Italy Long Fiber Thermoplastics Market
10.3.6. Rest of Europe Long Fiber Thermoplastics Market
10.4. Asia-Pacific Long Fiber Thermoplastics Market Snapshot
10.4.1. China Long Fiber Thermoplastics Market
10.4.2. India Long Fiber Thermoplastics Market
10.4.3. Japan Long Fiber Thermoplastics Market
10.4.4. Australia Long Fiber Thermoplastics Market
10.4.5. South Korea Long Fiber Thermoplastics Market
10.4.6. Rest of Asia Pacific Long Fiber Thermoplastics Market
10.5. Latin America Long Fiber Thermoplastics Market Snapshot
10.5.1. Brazil Long Fiber Thermoplastics Market
10.5.2. Mexico Long Fiber Thermoplastics Market
10.5.3. Rest of Latin America Long Fiber Thermoplastics Market
10.6. Rest of The World Long Fiber Thermoplastics Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. RTP Company Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. JNC Corporation
11.2.3. Avient Corporation
11.2.4. Celanese Corporation
11.2.5. LANXESS
11.2.6. Solvay
11.2.7. Daicel Corporation
11.2.8. Kingfa SCI. & TECH. CO., LTD.
11.2.9. SGL Carbon
11.2.10. Asahi Kasei Corporation
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Data Collection:
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Market Size Estimation:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
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