Market Overview

The Global Long-Fiber Thermoplastics Market was valued at USD 5,669.6 million in 2023 and is expected to reach USD 11,890.7 million by 2031 while growing at a CAGR of 9.7% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global long-fiber thermoplastics market growth. Long-Fiber Thermoplastics (LFT) merge thermoplastic resins with extended reinforcing fibers, commonly glass or carbon fibers, resulting in enhanced mechanical properties and superior performance compared to traditional short-fiber thermoplastics.

Increasing use in consumer goods and environmental concerns, including recycling, drives growth in the long-fiber thermoplastic market. However, obstacles such as cost considerations and processing challenges may impede market expansion.

Furthermore, the global long-fiber thermoplastics industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Resin Type Analysis

The Global Long-Fiber Thermoplastics Market is segmented among Polypropylene, Polyamide, Polybutylene Terephthalate, and Others, based on Resin Type. In 2023, Polypropylene accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By End-user Industry Analysis

The Global Long-Fiber Thermoplastics Market is segmented among Automotive, Aerospace, Electrical & Electronics, Buildings & Construction, Sporting Equipment, and Other, based on End-user Industry. In 2023, Automotive accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Long-Fiber Thermoplastics Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Asahi Kasei Corporation, BASF SE, Celanese Corporation, Daicel Corporation, GS Caltex Corporation, LANXESS, Mitsui Chemicals Inc., Avient Corporation, Polyram Group, and SABIC.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Long-Fiber Thermoplastics Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Long-Fiber Thermoplastics Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Long-Fiber Thermoplastics Market Segmentation, By Resin Type  

• Global Long-Fiber Thermoplastics Market Share Analysis, By Resin Type  

• Global Long-Fiber Thermoplastics Market Growth Analysis, By Resin Type  

• Global Long-Fiber Thermoplastics Market Trends, By Resin Type  

o Polypropylene

o Polyamide

o Polybutylene Terephthalate

o Other

6. Global Long-Fiber Thermoplastics Market Segmentation, By End-user Industry

• Global Long-Fiber Thermoplastics Market Share Analysis, By End-user Industry

• Global Long-Fiber Thermoplastics Market Growth Analysis, By End-user Industry

• Global Long-Fiber Thermoplastics Market Trends, By End-user Industry

o Automotive

o Aerospace

o Electrical & Electronics

o Buildings & Construction

o Sporting Equipment

o Other

7. Global Long-Fiber Thermoplastics Market Segmentation, By Region

• Global Long-Fiber Thermoplastics Market Share Analysis, By Region

• Global Long-Fiber Thermoplastics Market Growth Analysis, By Region

• Global Long-Fiber Thermoplastics Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Asahi Kasei Corporation*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• BASF SE

• Celanese Corporation

• Daicel corporation

• GS Caltex Corporation

• LANXESS

• Mitsui Chemicals Inc.

• Avient Corporation

• Polyram Group

• SABIC

 *Similar analysis will be provided for each company listed above.