The Business Research Company’s report goes into great detail on the thermoplastic composite market size and growth, thermoplastic composite market regional analysis, thermoplastic composite market competitive landscape, and other critical information needed to excel in the thermoplastic composite industry.

Major players in the thermoplastic composite market include BASF SE, Celanese Corporation, SABIC, Solvay, Lanxess AG, Mitsubishi Chemical Advanced Materials, Koninklijke DSM N.V., Toray Industries, Inc., SGL Carbon, AVANCO GmbH, Teijin Limited, PPG Industries Inc., Covestro AG, The Ensinger Group, and Avient Corporation.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global thermoplastic composite market size is expected to grow from $16.71 billion in 2021 to $17.99 billion in 2022 at a compound annual growth rate (CAGR) of 7.68%. The global thermoplastic composite market size is expected to grow to $22.83 billion in 2026 at a CAGR of 6.14%.

Asia Pacific was the largest region in the thermoplastic composite market in 2021.

The thermoplastic composite market consists of the sale of thermoplastic composites by entities (organizations, sole traders, and partnerships) that refers to material, which consists of a thermoplastic matrix combined with reinforcing material such as short, long or continuous glass or carbon fibers. They are manufactured through injection molding, compression molding, tape placement, winding and thermoforming techniques. The advantages of thermoplastic composites include short cycle times and flexibility in the production process, recycling opportunities, and others.

The growing demand for electric vehicles is expected to boost the demand for thermoplastic composites during the forecast period.

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The development of low-cost production technology is the new trend in the thermoplastic composites market. The companies operating in thermoplastic composites are increasingly investing in R&D for the development of new products with advanced technologies to meet technical demands from specific end customers across the globe.

TBRC’s Global Thermoplastic Composite Market Report Is Segmented:
By Product Type: Short Fiber Thermoplastics, Glass Mat Thermoplastics, Long Fiber Thermoplastics, Continuous Fiber Thermoplastics

By Fiber Type: Glass Fiber, Carbon Fiber, Other Fiber Types

By Resin Type: Polypropylene (PP), Polyamide (PA), Polyetheretherketone (PEEK), Other Resin Types

By End-Use Industry: Transportation, Consumer goods & electronics, Wind Energy, Sports & Leisure, Construction, Aersopace & Defense, Other End Users

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Thermoplastic Composite Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the thermoplastic composite market globally and regionally, analyzes and forecasts market size, share, thermoplastic composite market players, thermoplastic composite market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Composites Global Market Report 2022

Construction Composites Global Market Report 2022

Ceramic Matrix Composites Global Market Report 2022

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