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The global thermoplastic composites market is recovering from the losses due to COVID-19. Lockdowns have affected various end-use industries, including automobiles, aerospace & defense, transportation, wind energy, construction, consumer & electronics goods, etc
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9/8/22, 2:05 PM Thermoplastic Composites Market | Global Industry Report, 2031 Search report Keywords Home / Chemicals And Materials / Composites / Thermoplastic Composites Market Thermoplastic Composites Market Rep Id : TMRGL21518 Thermoplastic Composites Market (Resin Type: PA, PP, PEEK, Hybrid, and Others [PBS and PBT]; January 2022 Fiber Type: Carbon, Glass, Mineral, and Others [Polymer]; Product Type: Short Fiber Thermoplastics, Chemicals And Materials Glass Mat Thermoplastics, Long Fiber Thermoplastics, and Continuous Fiber Thermoplastics; and 337 Pages Application: Automotive & Transportation, Oil & Gas, Aerospace, Marine, Construction, Electrical & Electronics and Others [Defense]) - Global Industry Analysis, Size, Share, Growth, Trends, and Request FREE Sample Forecast, 2021-2031 Report Preview Table of Content Transparency Plus Select License Type Thermoplastic Composites Market Outlook 2031 The global thermoplastic composites market was valued over US$14.3 Bn in 2020 It is estimated to expand at a CAGR of 6% from 2021 to 2031 The global thermoplastic composites market isexpected to reach the value of US$27 Bn by the end of 2031 Single User license $5795 Multi-User license $8795 Corporate license $11795 Buy Now Analysts’ Viewpoint on Thermoplastic Composites Market Scenario Safe and Secure SSL Encrypted The increasing popularity of thermoplastic composites for manufacturing lightweight components Get A Special pricing for start-ups and universities. of vehicles is driving the global market. Penetration of electric vehicles across the world, rising disposable income, and increasing applications of thermoplastic composites in various end-use Request Discount industries are key factors contributing to the global market growth. There is an increasing demand for thermoplastic composites for use in various applications in automobiles, transportation, construction, aerospace & defense, electronics, etc. Thermoplastic composites are becoming - Need More Info? - popular, owing to their excellent recyclable properties. Companies in the global thermoplastic composites market should accelerate their product development and unlock revenue opportunities Enquiry Before Buying to obtain competitive benefits. Moreover, market stakeholders are extending their services arms to gain competitive edge. Request Methodology Increasing Demand for Lightweight Components for Automobiles Ask References The global thermoplastic composites market is recovering from the losses due to COVID-19. Lockdowns have affected various end-use industries, including automobiles, aerospace & Free Customization defense, transportation, wind energy, construction, consumer & electronics goods, etc. The increasing demand for lightweight components for automobiles is driving the global - Want to customize this report? - thermoplastic composites market. Key manufacturers operating in the global thermoplastic composites market are focusing on the development of lightweight components for vehicles to We employ Market Analysis, Benchmarking, Corporate Intelligence, and Technological Intelligence to understand specific requirements and customize report with a quick turnaround time in a dynamic business environment. enhance their performance; this factor boosts the demand for thermoplastic composites. The rising demand for lightweight and cost-efficient vehicles is contributing to revenue growth and lucrative business opportunities in the global thermoplastic composites market. We offer 100% Free Customisation at the time of purchase To gauge the scope of customization in our reports Ask for a Sample Connect To Analyst Increasing Production of Low-cost Thermoplastic Composites Poses as Challenge There is an increasing demand for thermoplastic composites from various end-use industries. - Trusted Partners - The use of these composites in many of the applications is not commercially feasible due to the high cost. The production of low-cost thermoplastic composites can increase its consumption in https://www.transparencymarketresearch.com/thermoplastic-composites-market.html 1/7
9/8/22, 2:05 PM Thermoplastic Composites Market | Global Industry Report, 2031 different end-use applications. The development of the low-cost production technology is a Quick Contact 866-552-3453 major challenge that needs focus. Various ongoing research & development activities in promoting the low-cost technologies are creating opportunities. +1-518-618-1030 Contact by email Get an idea about the offerings of our report from Report Brochure Expanding Automobile Industries Creating Lucrative Revenue Opportunities Why trust Us? 35,000+ Research Reports The increasing implementation of thermoplastic composites in manufacturing automobile components is driving the global thermoplastic composites market. Thermoplastic composites - Related Reports - are structural polymer composites, which can be shaped using techniques derived from wood Textile Binders Market and metalworking. Thermoplastic composites are widely accepted due to their excellent impact Metal Powder Market strength, high rigidity, better surface quality, and high resistance to extreme temperatures. Xanthan Gum Market Thermoplastic materials are used as suitable alternatives to metal assemblies, die castings, and traditional plastic materials. PET Foam Market Forecast, 2022-2031 Manganese Alloys Market The COVID-19 pandemic has negatively hampered the automotive industry across the globe. All the automotive and related parts manufacturing industries were shuttered. Supply chain management and distribution channels were disrupted due to shortage of raw materials across the globe. However, market stakeholders are now recovering from the losses and introducing quality products to cater the rising demand from consumers across the globe. Looking for Regional Analysis or Competitive Landscape in Thermoplastic Composites Market for Performance OEM , ask for a customized report Potential Growth Opportunities for Market Players in Asia Pacific Due to the rising demand for thermoplastic compounds from various end-use industries such as automotive, construction, electrical & electronics, and aerospace, etc., Asia Pacific holds major share of the global thermoplastic composites market. India and China are the major countries driving the demand for thermoplastic composites. Rapid urbanization, increasing production of lightweight vehicles, popularity of electric vehicles, and growing presence of key manufacturers operating in the Asia Pacific are factors contributing to market growth. China is one of the largest producers of electric vehicles; hence, the country accounts for major share of the Asia Pacific thermoplastic composites market. Key market players operating in the thermoplastic composites market are investing and expanding their production capacity of thermoplastic composites due to rising demand from various end users. Thermoplastic Composites Market: Overview Thermoplastic composites have evolved from structural polymer composites. Thermoplastic composites can be shaped using techniques derived from wood and metalworking. They have increased recycling and damage tolerances due to the tough nature of the matrix material. Thermoplastic composites have achieved rapid acceptance as suitable alternatives for metal assemblies, die castings, and traditional plastic materials. High impact strength, high rigidity, better surface quality, less product rejection, high resistance to extreme temperatures, and creep resistance in constant load and severe environments have led to the expansion of the thermoplastic composites market vis-à-vis that of metals and thermosets. Applications of thermoplastic composites have increased significantly in aerospace & defense, consumer goods, electrical & electronics, and automobile industries in emerging economies due to rapid urbanization According to Transparency Market Research’s latest research report on the thermoplastic composites market for the forecast period 2021 to 2031, rise in usage of thermoplastic composites in the production of automobile https://www.transparencymarketresearch.com/thermoplastic-composites-market.html 2/7
9/8/22, 2:05 PM Thermoplastic Composites Market | Global Industry Report, 2031 components is a key factor expected to boost the global thermoplastic composites market during the forecast period Rise in Demand for Automobiles: Key Driver of Thermoplastic Composites Market Growth in urbanization, rise in disposable income of consumers, and increase in preference of diverse culinary lifestyles have contributed to the surge in demand for automobiles. Thermoplastic composites are used to manufacture various automotive components. These materials are lightweight, which lead to reduced CO2 emissions and better fuel efficiency. Light weighting or mass reduction is the core focus of automotive manufacturers, as weight reduction facilitates an increase in fuel economy and decrease in emissions. This helps manufacturers meet emission standards and other norms mandated for environmental protection. The high strength-to-weight ratio of thermoplastic composites makes them a suitable replacement for metals in order to reduce weight in vehicles. In conjunction with the proper design of vehicle components, these composites can provide the same level of mechanical performance as metals. Led by their lightweight and high toughness, thermoplastic composites are adopted by automotive companies for various applications such as seat frames, battery trays, bumper beams, load floors, front ends, valve covers, rocker panels, and under-engine covers Rise in population and rapid urbanization are boosting the demand for automobiles across the globe. This is likely to increase the production of automobiles, thereby driving the demand for thermoplastic composites across the globe. Carbon Fiber Type Segment Dominates Thermoplastic Composites Market Based on fiber type, the carbon segment dominated the global thermoplastic composites market in 2020. This can be primarily ascribed to the increase in demand for thermoplastic composites in various end-use industries, including automotive, construction, and aerospace across the globe. Carbon fiber is five times stronger and two times stiffer than steel. It has density of 2.267 g/cm3. Carbon fiber is stronger and stiffer than steel, but it is also lighter, making it an ideal production material for a variety of items. This is augmenting the demand for carbon fiber in automobile and aerospace industries, thereby driving the global thermoplastic composites market. Thermoplastic Composites Market: Competition Landscape Detailed profiles of providers of thermoplastic composites have been included in the report to evaluate their financials, key product offerings, recent developments, and strategies Key players operating in the global thermoplastic composites market are Solvay BASF SE SABIC DSM Lanxess AG Avient Corporation Celanese Corporation SGL Carbon AVANCO GmbH Teijin Limited Toray Industries Inc. https://www.transparencymarketresearch.com/thermoplastic-composites-market.html 3/7
9/8/22, 2:05 PM Thermoplastic Composites Market | Global Industry Report, 2031 Mitsubishi Chemical Corporation The Dow Chemical Company Major providers of thermoplastic composites, such as Solvay, SABIC, and The Dow Chemical Company are focusing on research & development, merger, joint venture, collaboration, and product innovation strategies In the global thermoplastic composites market report, we have discussed individual strategies, followed by company profiles of providers of thermoplastic composites. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global thermoplastic composites market. Thermoplastic Composites Market Snapshot Attribute Details Market Size US$ 14.3 Bn Value in 2020 Market Forecast Value US$ 27 Bn in 2031 Growth Rate 6% (CAGR) Forecast 2021-2031 Period Quantitative US$ Mn for Value and Kilo Tons for Volume Units It includes cross segment analysis at global as well as regional level. Market Furthermore, qualitative analysis includes drivers, restraints, opportunities, Analysis key trends, Porter’s Five Forces analysis, supply chain analysis, parent industry overview, etc. Market Share Analysis, by Company (2020) Company Profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials Competition Landscape Format Electronic (PDF) + Excel https://www.transparencymarketresearch.com/thermoplastic-composites-market.html 4/7
9/8/22, 2:05 PM Thermoplastic Composites Market | Global Industry Report, 2031 Resin Type PA PP PEEK Hybrid Others (PBS and PBT) Fiber Type Carbon Glass Mineral Others (Polymer) Product Type Short Fiber Thermoplastics Glass Mat Thermoplastics Long Fiber Thermoplastics Continuous Fiber Thermoplastics Application Automotive & Transportation Oil & Gas Aerospace Agriculture Marine Construction Electrical & Electronics Others (Defense) Market Segmentation North America Europe Asia Pacific Latin America Middle East & Africa Regions Covered U.S. Canada Germany France U.K. Italy Spain Russia & CIS China Japan India ASEAN Brazil Mexico GCC Countries South Africa Key Countries Covered https://www.transparencymarketresearch.com/thermoplastic-composites-market.html 5/7
9/8/22, 2:05 PM Thermoplastic Composites Market | Global Industry Report, 2031 Solvay BASF SE SABIC DSM Lanxess AG Avient Corporation Celanese Corporation SGL Carbon AVANCO GmbH Teijin Limited Toray Industries Inc. Mitsubishi Chemical Corporation The Dow Chemical Company Companies Profiled Customization Available upon Request Scope Pricing Available upon Request Thermoplastic Composites Market – Segmentation TMR’s research study assesses the global thermoplastic composites market in terms of resin type, fiber type, product type, application, and region. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing growth prospects of the global thermoplastic composites market. PA PP PEEK Hybrid Others (PBS and PBAT) Resin Type Carbon Glass Mineral Others (Polymer) Fiber Type Short Fiber Thermoplastic Glass Mat Thermoplastic Long Fiber Thermoplastic Continuous Fiber Thermoplastic Product Type Automotive & Transportation Oil & Gas Aerospace Agriculture Marine Construction Electrical & Electronics Others (Defense) Application https://www.transparencymarketresearch.com/thermoplastic-composites-market.html 6/7
9/8/22, 2:05 PM Thermoplastic Composites Market | Global Industry Report, 2031 North America Europe Asia Pacific Latin America Middle East & Africa Region Interested in this report? Get a FREE sample now! Get Free Sample *Get Sample Report (PDF) sent to your email within minutes Frequently Asked Questions What is the Thermoplastic Composites Market size? Thermoplastic Composites Market is expected to reach US$ 27 Bn By 2031 What is the CAGR for Thermoplastic Composites Market? What are the key factors driving the growth of Thermoplastic Composites Market? Who are the key players in the Thermoplastic Composites Market? What are the application segments in the Thermoplastic Composites Market? - Help - - Follow Us - Terms Of UseCustomer FAQHow To OrderPrivacy PolicySitemap U.S Sales Office Corporate Headquarter Reach Us +1-518-618-1030 State Tower, 90 State Street, Suite 700, Albany NY - 12207, United States Downtown, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA 866-552-3453 (US-Canada Toll Free) sales@transparencymarketresearch.com Trust Online Copyright © Transparency Market Research, Inc. All Rights reserved https://www.transparencymarketresearch.com/thermoplastic-composites-market.html 7/7