Worldwide Thermoplastic Resin Composite Market Insights: Industry Size, Growth Analysis and Forecast
Report ID : 1370917 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Thermoplastic Resin Composite Market is categorized based on Resin Type (Polyamide (PA), Polypropylene (PP), Polycarbonate (PC), Polyphenylene Sulfide (PPS), Polyether Ether Ketone (PEEK)) and End-Use Industry (Automotive, Aerospace, Electronics, Construction, Consumer Goods) and Form (Sheet, Film, Rod, Prepreg, Molded Parts) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the Thermoplastic Resin Composite Market size was $12.5 billion and is projected to grow to $25 billion by 2033, registering a CAGR of 7.5% from 2024 to 2033. This report includes multiple segments and provides an analysis of key trends and factors playing a substantial role in the market.
This blend of plastic and reinforced fibers composites is Thermoplastic resin, along with having proprietary mechanical properties like high resistance to environmental factors, is leveraged largely in automotive and airplanes. The Thermoplastic Resin Composite market is poised to grow exponentially with the advancement in technology, the rise in compound fabrication, and the growing demand for sustainable products all aid in raising the market share. Adoption of these composite materials in renewed energy systems and electric vehicles indicates tha the market has untapped potential, which’s base lies within effective understanding of the trends and opportunities.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Toray Industries Inc., Hexcel Corporation, SABIC, Solvay S.A., Mitsubishi Chemical Corporation, Teijin Limited, BASF SE, DuPont de Nemours Inc., Covestro AG, Owens Corning, Eastman Chemical Company |
| SEGMENTS COVERED |
By Resin Type - Polyamide (PA), Polypropylene (PP), Polycarbonate (PC), Polyphenylene Sulfide (PPS), Polyether Ether Ketone (PEEK)
By End-Use Industry - Automotive, Aerospace, Electronics, Construction, Consumer Goods
By Form - Sheet, Film, Rod, Prepreg, Molded Parts
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Thermoplastic Resin Composite Market Dynamics
The Thermoplastic Resin Composite Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Thermoplastic Resin Composite Market Segmentations
Market Breakup by Resin Type
- Overview
- Polyamide (PA)
- Polypropylene (PP)
- Polycarbonate (PC)
- Polyphenylene Sulfide (PPS)
- Polyether Ether Ketone (PEEK)
Market Breakup by End-Use Industry
- Overview
- Automotive
- Aerospace
- Electronics
- Construction
- Consumer Goods
Market Breakup by Form
- Overview
- Sheet
- Film
- Rod
- Prepreg
- Molded Parts
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Thermoplastic Resin Composite Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Toray Industries Inc.
- Hexcel Corporation
- SABIC
- Solvay S.A.
- Mitsubishi Chemical Corporation
- Teijin Limited
- BASF SE
- DuPont de Nemours Inc.
- Covestro AG
- Owens Corning
- Eastman Chemical Company
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Company Profiling
● Detailed profiling of additional market players (up to three players)
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● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
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