Long Fiber Thermoplastics Market
Long Fiber Thermoplastics Market Analysis by Glass Fibers, Carbon Fibers, Steel Fibers, and Aramid Fibers from 2023 to 2033
Analysis of Long Fiber Thermoplastics Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Long Fiber Thermoplastics Market Outlook (2023 to 2033)
Newly-released Long Fiber Thermoplastics Market analysis report by Fact.MR reveals that global sales of Long Fiber Thermoplastics in 2022 was held at US$ 4.6 Billion. With 10.8% projected growth from 2023 to 2033, the market is expected to reach a valuation of US$ 13.7 Billion by the end of the forecast period. Carbon Fibers is expected to be the highest revenue-generating type of Long Fiber Thermoplastics, projected to grow at a CAGR of over 10.3% from 2023 to 2033.
| Attributes | Details |
|---|---|
| Long Fiber Thermoplastics Market Size Value In 2022 | US$ 4.6 Billion |
| Long Fiber Thermoplastics Market Size Value in End of Forecast (2033) | US$ 13.7 Billion |
| Long Fiber Thermoplastics Market CAGR (2023 to 2033) | 10.8% |
| U.S. Long Fiber Thermoplastics Market CAGR (2023 to 2033) | 8.1% |
| Key Companies Covered | GS Caltex; SABIC; Solvay; Mitsubishi Chemical Group; Teijin Limited; Celanese Corporation; BASF Group (BASF Corporation); Avient Corporation; Asahi Kasei Corporation; LOTTE Chemicals; LANXESS; Daicel Corporation; RTP Company; AM BU (Samyang Corporation); Sumitomo Bakelite Co., Ltd. |
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Revenue of Long Fiber Thermoplastics from 2018 to 2022 Compared to Demand Outlook for 2023 to 2033
As per the research of Long Fiber Thermoplastics Market by Fact.MR - a market research and competitive intelligence provider, historically, from 2018 to 2022, the value of the Long Fiber Thermoplastics increased at around 4% CAGR. With an absolute dollar opportunity of US$ 9.1 Billion, the market is projected to reach a valuation of US$ 13.7 Billion by 2033.
What are the Key Drivers Influencing the Market Expansion?
Long fiber thermoplastics are the combination of long fibers and thermoplastic matrix that results in a material with enhanced mechanical properties compared to traditional short-fiber composites. The long fibers provide high stiffness and strength, while the thermoplastic matrix imparts toughness, impact resistance, and processability.
The key drivers are its applications in growing end use industries such as automotive, aerospace and defense, and consumer goods, among others. Long fiber thermoplastics offer high strength-to-weight ratios, making them attractive for industries seeking lightweight materials to improve fuel efficiency and reduce carbon emissions.
The increasing global demand for lightweight vehicles, particularly in emerging economies opens up new market opportunities for LFTs. For instance, the global sales of lightweight vehicles in 2022 were around 82.5 million units which increased by 6 million units in the previous year. As lightweight materials are becoming a global trend, the adoption of LFTs in vehicle production is expected to expand across various regions.
Polypropylene is a widely used thermoplastic resin to manufacture long fiber thermoplastics. The growing production volume of these resins is resulting in reduced raw material costs influencing the adoption of long fiber thermoplastics. For instance, in 2021, the global market volume of PP resins was around 75.5 Million MT which grew from 73.8 Million MT in the previous year. The production volume is estimated to be 78 Million MT in 2022 creating significant opportunities for PP-based long fiber thermoplastics adoption as a cost-effective high-performance material.
LFT materials can often replace traditional metal components while offering comparable or better performance. This opens up opportunities for applications in industries such as medicine to replace metals in medical OEMs. For instance, according to a study by Solvay, a long fiber thermoplastic manufacturer, the annual production cost for a single-prong metal hip retractor with 200 stock-keeping units (SKUs) is about US$ 3.9 million.
If one-time tooling and mold investment is considered US$ 2 million, the company can recover this cost in eight months by converting metal into plastics. The company after amortization would save US$ 3 million per year per 200 SKUs. This creates a significant opportunity for the adoption of LFTs in medical equipment.
The choice of fiber and matrix materials and their proportions in LFTs manufacturing can differ in their mechanical properties. Companies in the LFT market are launching new versions of long fiber thermoplastics that use different types and compositions of resins and fibers.
These trademarked versions of LFTs offered by manufacturing companies are significantly expanding the applications of these materials in various industries. For example, Avient Corporation offers a range of Complet long fiber technologies. Celanese has the Celstran series, and Solvay has the Xencor series. This gives customers a variety of options from which to choose, depending on the desired mechanical properties for the intended application.
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Which Region is projected to Offer the Largest Long Fiber Thermoplastics?
East Asia is a prominent market for Long Fiber Thermoplastics with a market size of US$ 1.7 Billion in 2022. The regional market is projected to have a market worth US$ 4.2 Billion in 2033.
China is a prominent market in the global plastics market, with a market share of 32% in 2021 which grew from 29% in the global market in 2017. This increased production results in a lower cost of thermoplastics resins such as polypropylene, polyamides, and others to reduce the manufacturing cost of long fiber thermoplastics in the region.
East Asia also has a significant presence of end use industries such as the automotive industry which owns the largest share in the market. China, Japan, and South Korea together are estimated to account for over 40% of car production in 2023. These instances have made the regional market lucrative for long fiber thermoplastics attracting manufacturers around the globe.
Country-Wise Analysis
United States Long Fiber Thermoplastics Market Analysis :
The market in the United States is expected to grow to be worth US$ 2.7 Billion with an absolute dollar growth of US$ 1.5 Billion till 2033. The market in the country has grown at a CAGR of 2% from 2018 to 2022 and is expected to grow at a CAGR of 8.1% from the year 2023 to 2033.
Global military spending has grown significantly over the last two decades, exceeding 2.1 trillion dollars in 2021. The majority of the domestic and international demand for weapons and military technologies is met by the American aerospace and defense sector. In terms of global comparison, the United States is home to many of the top aerospace and defense industries.
Six of the top 12 aerospace and defense firms are headquartered in the United States. The country also had the highest value of aerospace exports worth over US$ 89 Billion in 2021. This is expected to create significant opportunities for LFTs in the US as they are an ideal material for aerospace interior parts that can significantly reduce the weight of the aircraft while maintaining strength.
India Long Fiber Thermoplastics Market Analysis :
The market in India is expected to grow to be worth US$ 622.2 Million by 2033, with an absolute dollar growth of US$ 402.8 Million between 2023 and 2033. The market in India has grown at a CAGR of 5% from 2018 to 2022 and is expected to grow at a CAGR of 10.3% from the year 2023 to 2033.
In 2022, India was the second largest manufacturer of bicycles and the export value of bicycles exceeded US$ 460 Million. Indian sporting goods industry was valued at US$ 3.9 Billion in 2021 with around 60% exports. The Indian government is also taking initiatives to make India a global sporting goods powerhouse.
This includes the establishment of the Sports Goods Export Promotion Council (SGEPC) dedicated to sporting goods exports of the country. The Indian sports manufacturing industry presents a significant opportunity for long fiber thermoplastics as they are prominently used in sporting goods to manufacture lightweight equipment to enhance athletes’ performance.
China Long Fiber Thermoplastics Market Analysis :
The market in China is expected to grow to be worth US$ 2.9 Billion by 2033 with an absolute dollar growth of US$ 1.6 Billion from 2023 to 2033. The market in the country has grown at a CAGR of 4% from 2018 to 2022 and is expected to grow at a CAGR of 7.6% from the year 2023 to 2033.
Electric vehicles industry in China is responsible for manufacturing around 57.4% of global production of electric vehicles. In 2021, China sold 3.34 million electric vehicles out of which 2.73 million were battery-only electric vehicles. This creates a favorable environment for the market growth as they are used to create parts of EVs to reduce weight and improve performance.
Japan Long Fiber Thermoplastics Market Analysis :
In Japan, the market is expected to grow to be worth US$ 695.4 Million by 2033 with an absolute dollar growth of US$ 448.9 Million. The market in the country has grown at a CAGR of 3.6% from 2018 to 2022 and is expected to grow at a CAGR of 10.1% from the year 2023 to 2033.
Japan is known for its advanced manufacturing capabilities and has been actively involved in the development and adoption of LFTs. Several Japanese companies such as Mitsubishi Chemical Group, Teijin Limited, Daicel Corporation, and Polyplastics Co., Ltd. have been working on the research, development, and commercialization of LFTs. Furthermore, Japan’s commitment to sustainability and environmental protection has also contributed to the growth of LFTs as materials are recyclable and have the potential for reduced energy consumption during the manufacturing process.
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Category-Wise Insights
Which End-Use Industry of Long Fiber Thermoplastics Is Projected to Witness the Fastest Growth?
Demand for Long Fiber Thermoplastics in the automotive industry is projected to witness significant growth at a CAGR of 3.3% from 2018 to 2022 and is expected to grow at a CAGR of 8.1% from 2023 to 2033.
The automotive industry is prominent in using thermoplastics for the interior and exterior of vehicles such as door modules, seat pans, hatchbacks, seat back as well as bumper beams, and front modules. It is crucial to maintain the weight-to-strength ratio while manufacturing these parts as they can significantly influence the fuel efficiency and overall performance of the vehicle.
Long fiber thermoplastics are ideal for these applications as they can provide excellent strength while maintaining lightweight properties. As the automotive industry globally is growing steadily with a market value of US$ 2.9 Trillion in 2022 from US$ 2.8 Trillion in 2021, it has created significant opportunities for the growing use of long fiber thermoplastics.
Which material type of Long Fiber Thermoplastics Is Projected to Witness the Fastest Growth?
Carbon fiber based long fiber thermoplastics is projected to witness significant growth as it has grown at a CAGR of 4% from 2018 to 2022 and is expected to grow at a CAGR of 10.3% from 2023 to 2033.
Carbon fiber-reinforced thermoplastics are significantly higher in price as compared to glass fibers, steel fibers, or aramid fibers. Though glass fiber reinforced long fiber thermoplastics have a higher demand, the higher cost of carbon fiber thermoplastics makes its market value higher. Carbon fiber thermoplastics have excellent strength which makes them suitable for heavy duty applications increasing their adoption in industries to replace metals to avoid corrosion while still achieving strength.
Competitive Analysis
Long fiber thermoplastics manufacturing companies worldwide are increasing their capacities to produce long fiber thermoplastics and expanding product portfolios with new launches. Some of them are collaborating for research and development in the field to create advanced long fiber thermoplastics.
Key players in the market are GS Caltex, SABIC, Solvay, Mitsubishi Chemical Group, Teijin Limited, Celanese Corporation, BASF Corporation, Avient Corporation, Asahi Kasei Corporation, LOTTE Chemicals, LANXESS, Daicel Corporation, and RTP Company.
Some of the recent developments in Long Fiber Thermoplastics market are :
- In May 2022, Solvay announced an investment in the production facility to boost the production of long fiber thermoplastics range Xencor LFT. This investment also included research and development in Solvay’s technical center in Georgia and additional capabilities in Solvay’s Belgium plant.
- In June 2021, Avient launched a new series of nylon-based long fiber thermoplastics with smooth surface aesthetic and moisture resistance. These LFTs featured nylon 6 and nylon 6/6 to help with delayed moisture absorption enhancing the effectiveness of the material in moisture-prone environments.
- In May 2021, SABIC developed thermoplastics solutions for electric vehicle battery packs. This included integrated plastic-metal hybrid structures with STAMAX FR with long glass fiber PP material for the battery tray to reduce the weight while maintaining the strength provided by metal.
- In March 2020, Celanese Corporation announced a three-year expansion plan of engineering compounds at their facilities in Asia including locations in China and India. The company intended to add 52 KT of LFT capacity at the Nanjing facility in China by 2023.
Segmentation of the Long Fiber Thermoplastics Market
-
By Material Type :
- Glass Fibers
- PP
- PA
- PBT
- TPU
- Others
- Carbon Fibers
- PP
- PA
- PBT
- TPU
- Others
- Steel Fibers
- Aramid Fibers
- Glass Fibers
-
By End Use Industries :
- Automotive
- Aerospace & Defense
- Consumer Goods
- Electrical and Electronics
- Sports and Leisure
- Industrial and Machinery
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Markets Dynamics
- 5. Pricing Analysis
- 6. Global Market Value (US$ Mn) and Volume (Mn Kg) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Material Type
- 7.1. Glass Fibers
- 7.1.1. PA
- 7.1.2. PP
- 7.1.3. PBT
- 7.1.4. TPU
- 7.1.5. Others
- 7.2. Carbon Fibers
- 7.2.1. PA
- 7.2.2. PP
- 7.2.3. PBT
- 7.2.4. TPU
- 7.2.5. Others
- 7.3. Steel Fibers
- 7.4. Aramid Fibers
- 7.1. Glass Fibers
- 8. Global Market Analysis and Forecast, By End Use Industries
- 8.1. Automotive
- 8.2. Aerospace & Defense
- 8.3. Consumer Goods
- 8.4. Electrical and Electronics
- 8.5. Sports and Leisure
- 8.6. Industrial and Machinery
- 8.7. Others
- 9. Global Market Analysis and Forecast, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia and Pacific
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia and Pacific Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. GS Caltex
- 18.2. SABIC
- 18.3. Solvay
- 18.4. Mitsubishi Chemical Group
- 18.5. Teijin Limited
- 18.6. Celanese Corporation
- 18.7. BASF Group (BASF Corporation)
- 18.8. Avient Corporation
- 18.9. Asahi Kasei Corporation
- 18.10. LOTTE Chemicals
- 18.11. LANXESS
- 18.12. Daicel Corporation
- 18.13. RTP Company
- 18.14. AM BU (Samyang Corporation)
- 18.15. Sumitomo Bakelite Co., Ltd.
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 01: Global Market Volume (Mn Kg), by Material Type, 2018 to 2033
Table 02: Global Market Value (US$ Mn), by Material Type, 2018 to 2033
Table 03: Global Market Volume (Mn Kg), by End Use Industries, 2018 to 2033
Table 04: Global Market Value (US$ Mn), by End Use Industries, 2018 to 2033
Table 05: Global Market Volume (Mn Kg), by Region, 2018 to 2033
Table 06: Global Market Value (US$ Mn), by Region, 2018 to 2033
Table 07: North America Market Volume (Mn Kg), by Material Type, 2018 to 2033
Table 08: North America Market Value (US$ Mn), by Material Type, 2018 to 2033
Table 09: North America Market Volume (Mn Kg), by End Use Industries, 2018 to 2033
Table 10: North America Market Value (US$ Mn), by End Use Industries, 2018 to 2033
Table 11: North America Market Volume (Mn Kg), by Countries, 2018 to 2033
Table 12: North America Market Value (US$ Mn), by Countries, 2018 to 2033
Table 13: Latin America Market Volume (Mn Kg), by Material Type, 2018 to 2033
Table 14: Latin America Market Value (US$ Mn), by Material Type, 2018 to 2033
Table 15: Latin America Market Volume (Mn Kg), by End Use Industries, 2018 to 2033
Table 16: Latin America Market Value (US$ Mn), by End Use Industries, 2018 to 2033
Table 17: Latin America Market Volume (Mn Kg), by Countries, 2018 to 2033
Table 18: Latin America Market Value (US$ Mn), by Countries, 2018 to 2033
Table 19: Europe Market Volume (Mn Kg), by Material Type, 2018 to 2033
Table 20: Europe Market Value (US$ Mn), by Material Type, 2018 to 2033
Table 21: Europe Market Volume (Mn Kg), by End Use Industries, 2018 to 2033
Table 22: Europe Market Value (US$ Mn), by End Use Industries, 2018 to 2033
Table 23: Europe Market Volume (Mn Kg), by Countries, 2018 to 2033
Table 24: Europe Market Value (US$ Mn), by Countries, 2018 to 2033
Table 25: East Asia Market Volume (Mn Kg), by Material Type, 2018 to 2033
Table 26: East Asia Market Value (US$ Mn), by Material Type, 2018 to 2033
Table 27: East Asia Market Volume (Mn Kg), by End Use Industries, 2018 to 2033
Table 28: East Asia Market Value (US$ Mn), by End Use Industries, 2018 to 2033
Table 29: East Asia Market Volume (Mn Kg), by Countries, 2018 to 2033
Table 30: East Asia Market Value (US$ Mn), by Countries, 2018 to 2033
Table 31: South Asia & Pacific Market Volume (Mn Kg), by Material Type, 2018 to 2033
Table 32: South Asia & Pacific Market Value (US$ Mn), by Material Type, 2018 to 2033
Table 33: South Asia & Pacific Market Volume (Mn Kg), by End Use Industries, 2018 to 2033
Table 34: South Asia & Pacific Market Value (US$ Mn), by End Use Industries, 2018 to 2033
Table 35: South Asia & Pacific Market Volume (Mn Kg), by Countries, 2018 to 2033
Table 36: South Asia & Pacific Market Value (US$ Mn), by Countries, 2018 to 2033
Table 37: Middle East & Africa Market Volume (Mn Kg), by Material Type, 2018 to 2033
Table 38: Middle East & Africa Market Value (US$ Mn), by Material Type, 2018 to 2033
Table 39: Middle East & Africa Market Volume (Mn Kg), by End Use Industries, 2018 to 2033
Table 40: Middle East & Africa Market Value (US$ Mn), by End Use Industries, 2018 to 2033
Table 41: Middle East & Africa Market Volume (Mn Kg), by Countries, 2018 to 2033
Table 42: Middle East & Africa Market Value (US$ Mn), by Countries, 2018 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Mn), Volume (Mn Kg) Analysis, 2018, 2023 and 2033
Figure 02: Global Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2022
Figure 03: Global Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 04: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 05: Global Market Incremental $ Opportunity, 2022 to 2033
Figure 06: Global Market Share Analysis By Material Type to 2023 & 2033
Figure 07: Global Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 08: Global Market Attractiveness Analysis By Material Type, 2023 to 2033
Figure 09: Global Market Share Analysis By Glass Fibers to 2023 & 2033
Figure 10: Global Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 11: Global Market Attractiveness Analysis By Glass Fibers, 2023 to 2033
Figure 12: Global Market Share Analysis By Carbon Fibers to 2023 & 2033
Figure 13: Global Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 14: Global Market Attractiveness Analysis By Carbon Fibers, 2023 to 2033
Figure 15: Global Market Share Analysis By Type to 2023 & 2033
Figure 16: Global Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 17: Global Market Attractiveness Analysis By Type , 2023 to 2033
Figure 18: Global Market Share Analysis by Region to 2023 & 2033
Figure 19: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 20: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 21: North America Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2022
Figure 22: North America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 23: North America Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 24: North America Market Incremental $ Opportunity, 2022 to 2033
Figure 25: North America Market Share by Country- 2023 & 2033
Figure 26: North America Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 27: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 28: North America Market Share Analysis By Type to 2023 & 2033
Figure 29: North America Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 30: North America Market Attractiveness Analysis By Type , 2023 to 2033
Figure 31: North America Market Share By Glass Fiber- 2023 & 2033
Figure 32: North America Market Attractiveness Analysis By Glass Fiber- 2023 to 2033
Figure 33: North America Market Share By Carbon Fiber- 2023 & 2033
Figure 34: North America Market Attractiveness Analysis By Carbon Fiber- 2023 to 2033
Figure 35: North America Market Share Analysis By End Use ; to 2023 & 2033
Figure 36: North America Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 37: North America Market Attractiveness Analysis By End Use , 2023 to 2033
Figure 38: Latin America Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2022
Figure 39: Latin America Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 40: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 41: Latin America Market Incremental $ Opportunity, 2022 to 2033
Figure 42: Latin America Market Share by Country- 2023 & 2033
Figure 43: Latin America Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 44: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 45: Latin America Market Share Analysis By Type to 2023 & 2033
Figure 46: Latin America Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 47: Latin America Market Attractiveness Analysis By Type , 2023 to 2033
Figure 48: Latin America Market Share By Glass Fiber- 2023 & 2033
Figure 49: Latin America Market Attractiveness Analysis By Glass Fiber- 2023 to 2033
Figure 50: Latin America Market Share By Carbon Fiber- 2023 & 2033
Figure 51: Latin America Market Attractiveness Analysis By Carbon Fiber- 2023 to 2033
Figure 52: Latin America Market Share Analysis By End Use ; to 2023 & 2033
Figure 53: Latin America Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 54: Latin America Market Attractiveness Analysis By End Use , 2023 to 2033
Figure 55: Europe Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2022
Figure 56: Europe Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 57: Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 58: Europe Market Incremental $ Opportunity, 2022 to 2033
Figure 59: Europe Market Share by Country- 2023 & 2033
Figure 60: Europe Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 62: Europe Market Share Analysis By Type to 2023 & 2033
Figure 63: Europe Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 64: Europe Market Attractiveness Analysis By Type , 2023 to 2033
Figure 65: Europe Market Share By Glass Fiber- 2023 & 2033
Figure 66: Europe Market Attractiveness Analysis By Glass Fiber- 2023 to 2033
Figure 67: Europe Market Share By Carbon Fiber- 2023 & 2033
Figure 68: Europe Market Attractiveness Analysis By Carbon Fiber- 2023 to 2033
Figure 69: Europe Market Share Analysis By End Use ; to 2023 & 2033
Figure 70: Europe Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 71: Europe Market Attractiveness Analysis By End Use , 2023 to 2033
Figure 72: East Asia Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2022
Figure 73: East Asia Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 74: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 75: East Asia Market Incremental $ Opportunity, 2022 to 2033
Figure 76: East Asia Market Share by Country- 2023 & 2033
Figure 77: East Asia Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 78: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 79: East Asia Market Share Analysis By Type to 2023 & 2033
Figure 80: East Asia Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 81: East Asia Market Attractiveness Analysis By Type , 2023 to 2033
Figure 82: East Asia Market Share By Glass Fiber- 2023 & 2033
Figure 83: East Asia Market Attractiveness Analysis By Glass Fiber- 2023 to 2033
Figure 84: East Asia Market Share By Carbon Fiber- 2023 & 2033
Figure 85: East Asia Market Attractiveness Analysis By Carbon Fiber- 2023 to 2033
Figure 86: East Asia Market Share Analysis By End Use ; to 2023 & 2033
Figure 87: East Asia Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 88: East Asia Market Attractiveness Analysis By End Use , 2023 to 2033
Figure 89: South Asia & Pacific Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2022
Figure 90: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 91: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 92: South Asia & Pacific Market Incremental $ Opportunity, 2022 to 2033
Figure 93: South Asia & Pacific Market Share by Country- 2023 & 2033
Figure 94: South Asia & Pacific Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 95: South Asia & Pacific Market Attractiveness Analysis by Country, 2023 to 2033
Figure 96: South Asia & Pacific Market Share Analysis By Type to 2023 & 2033
Figure 97: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 98: South Asia & Pacific Market Attractiveness Analysis By Type , 2023 to 2033
Figure 99: South Asia & Pacific Market Share By Glass Fiber- 2023 & 2033
Figure 100: South Asia & Pacific Market Attractiveness Analysis By Glass Fiber- 2023 to 2033
Figure 101: South Asia & Pacific Market Share By Carbon Fiber- 2023 & 2033
Figure 102: South Asia & Pacific Market Attractiveness Analysis By Carbon Fiber- 2023 to 2033
Figure 103: South Asia & Pacific Market Share Analysis By End Use ; to 2023 & 2033
Figure 104: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 105: South Asia & Pacific Market Attractiveness Analysis By End Use , 2023 to 2033
Figure 106: Middle East & Africa Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2022
Figure 107: Middle East & Africa Market Value (US$ Mn) Forecast and Analysis, 2023 to 2033
Figure 108: Middle East & Africa Market Value Y-o-Y Growth and Forecast, 2019 to 2033
Figure 109: Middle East & Africa Market Incremental $ Opportunity, 2022 to 2033
Figure 110: Middle East & Africa Market Share by Country- 2023 & 2033
Figure 111: Middle East & Africa Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 112: Middle East & Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 113: Middle East & Africa Market Share Analysis By Type to 2023 & 2033
Figure 114: Middle East & Africa Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 115: Middle East & Africa Market Attractiveness Analysis By Type , 2023 to 2033
Figure 116: Middle East & Africa Market Share By Glass Fiber- 2023 & 2033
Figure 117: Middle East & Africa Market Attractiveness Analysis By Glass Fiber- 2023 to 2033
Figure 118: Middle East & Africa Market Share By Carbon Fiber- 2023 & 2033
Figure 119: Middle East & Africa Market Attractiveness Analysis By Carbon Fiber- 2023 to 2033
Figure 120: Middle East & Africa Market Share Analysis By End Use ; to 2023 & 2033
Figure 121: Middle East & Africa Market Value Y-o-Y Growth and Forecast, 2023 to 2033
Figure 122: Middle East & Africa Market Attractiveness Analysis By End Use , 2023 to 2033
Figure 124: United States Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 124: United States Market Value, By Material, 2023 & 2033
Figure 125: United States Market Incremental $ Opportunity, 2023 to 2033
Figure 126: Canada Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 127: Canada Market Value, By Material, 2023 & 2033
Figure 128: Canada Market Incremental $ Opportunity, 2023 to 2033
Figure 129: Mexico Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 130: Mexico Market Value, By Material, 2023 & 2033
Figure 131: Mexico Market Incremental $ Opportunity, 2023 to 2033
Figure 132: Brazil Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 133: Brazil Market Value, By Material, 2023 & 2033
Figure 134: Brazil Market Incremental $ Opportunity, 2023 to 2033
Figure 135: Argentina Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 136: Argentina Market Value, By Material, 2023 & 2033
Figure 137: Argentina Market Incremental $ Opportunity, 2023 to 2033
Figure 138: Germany Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 139: Germany Market Value, By Material, 2023 & 2033
Figure 140: Germany Market Incremental $ Opportunity, 2023 to 2033
Figure 141: Italy Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 142: Italy Market Value, By Material, 2023 & 2033
Figure 143: Italy Market Incremental $ Opportunity, 2023 to 2033
Figure 144: France Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 145: France Market Value, By Material, 2023 & 2033
Figure 146: France Market Incremental $ Opportunity, 2023 to 2033
Figure 147: Spain Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 148: Spain Market Value, By Material, 2023 & 2033
Figure 149: Spain Market Incremental $ Opportunity, 2023 to 2033
Figure 150: United Kingdom Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 151: United Kingdom Market Value, By Material, 2023 & 2033
Figure 152: United Kingdom Market Incremental $ Opportunity, 2023 to 2033
Figure 153: Poland Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 154: Poland Market Value, By Material, 2023 & 2033
Figure 155: Poland Market Incremental $ Opportunity, 2023 to 2033
Figure 156: China Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 157: China Market Value, By Material, 2023 & 2033
Figure 158: China Market Incremental $ Opportunity, 2023 to 2033
Figure 159: Japan Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 160: Japan Market Value, By Material, 2023 & 2033
Figure 161: Japan Market Incremental $ Opportunity, 2023 to 2033
Figure 162: South Korea Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 163: South Korea Market Value, By Material, 2023 & 2033
Figure 164: South Korea Market Incremental $ Opportunity, 2023 to 2033
Figure 165: India Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 166: India Market Value, By Material, 2023 & 2033
Figure 167: India Market Incremental $ Opportunity, 2023 to 2033
Figure 168: Thailand Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 169: Thailand Market Value, By Material, 2023 & 2033
Figure 170: Thailand Market Incremental $ Opportunity, 2023 to 2033
Figure 171: Indonesia Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 172: Indonesia Market Value, By Material, 2023 & 2033
Figure 173: Indonesia Market Incremental $ Opportunity, 2023 to 2033
Figure 174: Malaysia Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 175: Malaysia Market Value, By Material, 2023 & 2033
Figure 176: Malaysia Market Incremental $ Opportunity, 2023 to 2033
Figure 177: Australia Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 178: Australia Market Value, By Material, 2023 & 2033
Figure 179: Australia Market Incremental $ Opportunity, 2023 to 2033
Figure 180: New Zealand Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 181: New Zealand Market Value, By Material, 2023 & 2033
Figure 182: New Zealand Market Incremental $ Opportunity, 2023 to 2033
Figure 183: Saudi Arabia Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 184: Saudi Arabia Market Value, By Material, 2023 & 2033
Figure 185: Saudi Arabia Market Incremental $ Opportunity, 2023 to 2033
Figure 186: Turkiye Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 187: Turkiye Market Value, By Material, 2023 & 2033
Figure 188: Turkiye Market Incremental $ Opportunity, 2023 to 2033
Figure 189: South Africa Market Value (US$ Mn), Volume (Mn Kg) Forecast and Analysis, 2018 to 2033
Figure 190: South Africa Market Value, By Material, 2023 & 2033
Figure 191: South Africa Market Incremental $ Opportunity, 2023 to 2033
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- FAQs -
How much is the current global market size?
The global market is worth US$ 4.9 Billion as of now in 2023.
What will be the global market size in 2033?
The global market is projected to witness market size US$ 13.7 Billion in 2033.
What was the CAGR growth of the market in 2018-2022?
The CAGR growth of the market from 2018 to 2022 is 4%.
What is the projected % CAGR market growth between 2023 and 2033?
CAGR growth of the market till 2033 is projected to be 10.8%.
Which is the top material type in the market that is expected to witness huge demand and what is its projected CAGR till 2033?
Carbon fiber type of Long Fiber Thermoplastics is projected to witness large demand till 2033 with expected growth at a CAGR of 10.3% by 2033.
What type of application of Long Fiber Thermoplastics is expected to witness the highest demand till 2033 and what is its projected CAGR?
Demand of long fiber thermoplastics in the automotive Industry are projected to witness the highest demand till 2033 and are expected to grow at a CAGR of 9.5%.
What is the projected market in the United States by 2033?
The United States is projected to witness market size of US$ 2.7 Billion and is expected to grow at a 8.1% CAGR till 2033.
Which are the key companies manufacturing Long Fiber Thermoplastics?
GS Caltex, SABIC, Solvay, Mitsubishi Chemical Group, Teijin Limited, Celanese Corporation, BASF Corporation, Avient Corporation, Asahi Kasei Corporation, LOTTE Chemicals, LANXESS, Daicel Corporation and RTP Company are the key market companies in the Long
Long Fiber Thermoplastics Market