Thermoplastic Composites Market PDF | Growth | Trends | Forecast to 2021-2026

1. Global Thermoplastic Composites Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Thermoplastic Composites Market Outlook 2026: The latest report by IMARC Group, titled “Thermoplastic Composites Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” finds that the global thermoplastic composites market reached a value of US$ 22.2 Billion in 2020. Thermoplastic composites (TMC) are advanced materials that have evolved from structural polymer composites. They are formed by combining a resin matrix, armature and operational additives in a hot- melt impregnation process. They are also thermoformable, heat-weldable, and recyclable in nature. TMCs exhibit high thermal and oxidative stability, enhanced toughness, solvent resistance, low dielectric constant, and increased impact resistance. In recent years, they have gained prominence as they provide greater component robustness, excellent formability, corrosion resistance, high strength, and extended shelf life compared to thermostat composites. Request for a free sample: https://www.imarcgroup.com/thermoplastic-composites- market/requestsample

4. Report Description and Highlights Report Description Global Thermoplastic Composites Market Trends: The market is primarily driven by the significant growth of the automotive industry. This can be accredited to the growing demand for lightweight materials that reduce the overall weight and enhance fuel efficiency in vehicles. Apart from this, TMC is utilized to minimize the total weight and corrosion in the aircraft structure in the aerospace industry. In addition, the rising concerns regarding environmental pollution and carbon dioxide (CO2) emissions have resulted in the adoption of TMCs to develop electric vehicles (EVs). Furthermore, various research and development (R&D) activities have led to the introduction of cost- effective and innovative solutions, thereby creating opportunities for the leading key players. Looking forward, the market value is expected to grow at US$ 34.2 Billion by 2026, exhibiting a CAGR of 7.5% during the forecast period (2021-2026).

5. Report Description and Highlights Report Description Market Summary: Breakup by Fiber Type: • Glass Fiber • Carbon Fiber Breakup by Product: • Glass Mat Thermoplastics (GMT) • Advanced Thermoplastic Composites (ATC) Breakup by Resin Type: • Polypropylene (PP) • Polyamide (PA) • Polyether ether ketone (PEEK)

6. Report Description and Highlights Report Description Breakup by End User Industry: • Automotive • Aerospace and Defense • Oil and Gas • Construction • Medical Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America

7. Report Description and Highlights Report Description Competitive Landscape With Key players: • 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 View Report TOC, Figures and Tables: https://www.imarcgroup.com/thermoplastic-composites-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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