Global Long-Fiber Thermoplastics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Resin Type;

Polypropylene, Polyamide, Polybutylene Terephthalate, and Other Resin Types.

By Process;

Injection Molding, Pultrusion, Direct-LFT (D-LFT), and Others.

By End User;

Automotive, Aerospace, Electrical & Electronics, Buildings & Construction, Sporting Equipment, and Other End-user Industries.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn147123274 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Long-Fiber Thermoplastics Market (USD Million), 2021 - 2031

In the year 2024, the Global Long-Fiber Thermoplastics Market was valued at USD 3,561.03 million. The size of this market is expected to increase to USD 6,851.60 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.8%.

The Global Long-Fiber Thermoplastics Market is an integral part of the advanced materials sector, encompassing a wide range of applications across various industries. Long-fiber thermoplastics (LFTs) are composite materials that combine thermoplastic polymers with long reinforcing fibers, offering a unique blend of strength, durability, and lightweight properties. These materials are particularly valued in industries such as automotive, aerospace, electronics, and construction, where performance and weight reduction are critical.

The market for LFTs is driven by the increasing demand for lightweight and high-performance materials that can enhance fuel efficiency, reduce emissions, and improve overall product performance. Technological advancements in manufacturing processes and material formulations have expanded the applications of LFTs, enabling their use in complex and demanding environments. The versatility of LFTs, coupled with their recyclability and sustainability benefits, further supports their growing adoption across different sectors.

Environmental considerations and regulatory standards also play a significant role in shaping the market's growth. As industries worldwide face stricter regulations on emissions and material usage, the demand for sustainable and eco-friendly materials like LFTs is on the rise. The Global Long-Fiber Thermoplastics Market is poised for continued expansion, driven by innovation, sustainability initiatives, and the need for advanced materials that meet evolving industry requirements.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Resin Type
    2. Market Snapshot, By Process
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Long-Fiber Thermoplastics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing automotive industry
        2. Lightweight material demand
        3. Increased fuel efficiency
        4. Advancements in technology
        5. Rising environmental regulations
      2. Restraints
        1. High production costs
        2. Raw material volatility
        3. Complex manufacturing process
        4. Limited design flexibility
        5. Regulatory compliance challenges
      3. Opportunities
        1. Emerging market growth
        2. Innovations in materials
        3. Increased recycling initiatives
        4. Expanding aerospace sector
        5. Adoption in electronics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Long-Fiber Thermoplastics Market, By Resin Type, 2021 - 2031 (USD Million)
      1. Polypropylene
      2. Polyamide
      3. Polybutylene Terephthalate
      4. Others
    2. Global Long-Fiber Thermoplastics Market, By Process, 2021 - 2031 (USD Million)
      1. Injection Molding
      2. Pultrusion
      3. Direct-LFT (D-LFT)
      4. Others
    3. Global Long-Fiber Thermoplastics Market, By End User, 2021 - 2031 (USD Million)
      1. Automotive
      2. Aerospace
      3. Electrical & Electronics
      4. Buildings & Construction
      5. Sporting Equipment
      6. Others
    4. Global Long-Fiber Thermoplastics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. SABIC
      2. BASF SE
      3. Solvay S.A.
      4. Lanxess AG
      5. Celanese Corporation
      6. RTP Company
      7. Quadrant AG
      8. Owens Corning
      9. DuPont
      10. DSM N.V.
  7. Analyst Views
  8. Future Outlook of the Market