Global Long Fiber Thermoplastics
Market Report
2025
The Long Fiber Thermoplastics market size is USD 5.9 billion in 2024. The Long Fiber Thermoplastics market will show the strongest growth along with a compound annual growth rate (CAGR) of 11.3% from 2024 to 2031. This growth can be attributed to its lightweight and high-strength properties.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Long Fiber Thermoplastics market size is USD 5.9 billion in the year 2024 and will expand at the compound annual growth rate (CAGR) of 11.3% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Long Fiber Thermoplastics Market Sales Revenue | 121212 | 121212 | 121212 | 8.42% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Resin Type |
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Market Split by Fiber Type |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Long Fiber Thermoplastics Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Long Fiber Thermoplastics market is a dynamic segment of the composite materials industry, known for combining high strength and lightweight properties, making them ideal for several applications throughout the automotive, aerospace, construction, and consumer goods. LFTs are produced by integrating long fibers, typically glass or carbon, into thermoplastic matrices, resulting in enhanced mechanical performance and durability compared to short-fiber composites. The market is fueled by the surging demand for materials that can reduce weight while maintaining structural integrity, which is crucial for improving fuel efficiency and performance in the aerospace and automotive sectors. Additionally, the recyclability and ease of processing of LFTs contribute to their growing popularity. However, challenges such as high production costs and technical difficulties in achieving uniform fiber distribution restrain market growth. Continuous advancements in manufacturing technologies and increased focus on sustainable materials are expected to further propel the LFT market's expansion.
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In January 2020, BASF SE acquired the polyamide business of Solvay. This acquisition broadened BASF’s engineering plastics business with innovative products such as Technyl.
(Source:https://www.basf.com/global/en/media/news-releases/2020/01/p-20-114.html)
Top Companies Market Share in Long Fiber Thermoplastics Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of global revenue due to its strong automotive and aerospace industries, which prioritize lightweight and durable materials. The region's robust manufacturing capabilities, technological advancements, and focus on innovation drive the adoption of LFTs for various applications, maintaining its leadership in the global market.
Asia-Pacific stands out as the fastest-growing region in the Long Fiber Thermoplastics market due to the burgeoning automotive and electronics industries increasing demand for lightweight materials. The region's robust manufacturing capabilities, coupled with investments in technology and infrastructure, drive adoption, particularly in China, Japan, and South Korea.
The current report Scope analyzes Long Fiber Thermoplastics Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Long Fiber Thermoplastics Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Long Fiber Thermoplastics Industry growth. Long Fiber Thermoplastics market has been segmented with the help of its Resin Type, Fiber Type End User, and others. Long Fiber Thermoplastics market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2021 to 2033. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Resin Type of Long Fiber Thermoplastics analyzed in this report are as follows:
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According to cognitive market research, Process automation is the dominant category due to their widespread availability, cost-effectiveness, and favorable mechanical properties. Glass fibers offer a high strength-to-weight ratio, stiffness, and impact resistance, making them suitable for applications requiring structural integrity and durability, such as automotive parts, construction components, and consumer goods. Moreover, advancements in glass fiber manufacturing techniques have led to improved fiber alignment and dispersion within thermoplastic matrices, enhancing overall composite performance. The versatility and reliability of glass fibers continue to drive their dominance in the LFT market despite competition from other fiber types like carbon. .
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Long Fiber Thermoplastics Market is witnessing significant growth in the near future.
In 2023, the Polypropylene segment accounted for noticeable share of global Long Fiber Thermoplastics Market and is projected to experience significant growth in the near future.
The Glass segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies SABIC , JNC Corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Resin Type | Polypropylene, Polyamide, Polybutylene Terephthalate, Other |
Fiber Type | Glass, Carbon, Others |
End User | Automotive, Aerospace, Electrical and Electronics, Buildings and Construction, Sporting Equipment, Other |
List of Competitors | SABIC, RTP Company, JNC Corporation, Avient Corporation, Celanese Corporation, LANXESS, Solvay, Daicel Corporation, Kingfa SCI. & TECH. CO., LTD., SGL Carbon, Asahi Kasei Corporation |
This chapter will help you gain GLOBAL Market Analysis of Long Fiber Thermoplastics. Further deep in this chapter, you will be able to review Global Long Fiber Thermoplastics Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Long Fiber Thermoplastics. Further deep in this chapter, you will be able to review North America Long Fiber Thermoplastics Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Long Fiber Thermoplastics. Further deep in this chapter, you will be able to review Europe Long Fiber Thermoplastics Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Long Fiber Thermoplastics. Further deep in this chapter, you will be able to review Asia Pacific Long Fiber Thermoplastics Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Long Fiber Thermoplastics. Further deep in this chapter, you will be able to review South America Long Fiber Thermoplastics Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Long Fiber Thermoplastics. Further deep in this chapter, you will be able to review Middle East Long Fiber Thermoplastics Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Long Fiber Thermoplastics. Further deep in this chapter, you will be able to review Middle East Long Fiber Thermoplastics Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Long Fiber Thermoplastics. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Resin Type Analysis 2019 -2031, will provide market size split by Resin Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Resin Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Fiber Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End User Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Long Fiber Thermoplastics market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Polypropylene have a significant impact on Long Fiber Thermoplastics market? |
What are the key factors affecting the Polypropylene and Polyamide of Long Fiber Thermoplastics Market? |
What is the CAGR/Growth Rate of Glass during the forecast period? |
By type, which segment accounted for largest share of the global Long Fiber Thermoplastics Market? |
Which region is expected to dominate the global Long Fiber Thermoplastics Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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