Thermoplastic Resin Market in Composites Industry
Report code - SRAM144 | Published On : Jun,2017 | Status: Published | No. of Pages: 265

Global Thermoplastic Resin Market in the Composites Industry by Resin Type (PP, PA, PBT, PPS, PC, and Others), by Compound Type (SFT, LFT, GMT, and CFT), by End-Use Industry Type (Transportation, Consumer Goods, Electrical & Electronic, and Others), by Composite Type (GFRP and CFRP), by Manufacturing Process Type (Injection Molding, Compression Molding, Others) and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022

This report, from Stratview Research, studies the thermoplastic resin market in the composites industry over the period 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities in the market.

The Global Thermoplastic Resin Market in the Composites Industry: Highlights

The global thermoplastic resin market in the composites industry was valued at US$ 7,099.7 million in 2016 and is projected to grow at a healthy CAGR of 4.2% over the next five years to reach US$ 9,138.4 million in 2022. Organic growth in the automobile production, increasing demand for lightweight components to address stringent regulations such as CAFÉ Standards, higher demand for sustainable (recycling) and fast-curing materials, development of new application using thermoplastic composites, and increasing penetration of composite materials by replacing metals are major growth drivers of the thermoplastic resin market in the composites industry. 

The global thermoplastic resin market in the composites industry is segmented based on resin type as polypropylene, polyamide, polybutylene terephthalate, polyphenylene sulfide, polycarbonate, and other resins. Polyamide is expected to remain the most dominant resin type in the global thermoplastic resin market in the composites industry during the forecast period of 2017 to 2022. This resin is most widely used in the short fiber thermoplastic-based applications. Polyphenylene sulfide is likely to witness the highest growth over the next five years, driven by an increasing usage of thermoplastic composites in the aerospace & defense and automotive industries.

Based on compound type, short fiber thermoplastic (SFT) generates the highest demand for thermoplastic resin and is forecasted to remain the largest compound type during the forecast period. SFT dominates major end-use industries including transportation, consumer goods, and electrical & electronic. CFT and LFT are gaining market tractions in the composites industry and are registering increasing acceptance in the automotive industry. 

Based on end-use industry type, transportation is projected to remain the largest market for thermoplastic resin in the composites industry during the forecast period. This segment is also the second largest composite market (thermoset + thermoplastic) after building & construction. The segment is also likely to witness the highest growth over the next five years, driven by stringent government regulations. All the major automakers are forming strategic alliances with the composite material suppliers to develop advanced thermoplastic composites that can fabricate parts in less than five minutes and offer significant weight saving. They are increasingly incorporating advanced materials including composites in the structural and semi-structural applications of their vehicles by replacing traditional metals, such as steel.

Based on composite type, glass fiber-reinforced plastic (GFRP) generates the highest demand for thermoplastic resins and is expected to remain the largest composite type during the forecast period. GFRP dominates in all the major end-use industries, such as transportation, electrical & electronics, and consumer goods. Carbon fiber-reinforced plastic (CFRP) is likely to witness the highest growth during the same period, propelled by its excellent properties at a relatively lower weight. 

Asia-Pacific is expected to remain the largest and the fastest-growing thermoplastic resin market in the composites industry during the forecast period. High production of automobiles, continuous shift of electronic industry from the developed economies to the developing Asian economies, and increasing penetration of composites are major growth drivers of the thermoplastic resin market in the Asia-Pacific’s composites industry. 

Solvay S.A., BASF SE, E. I. du Pont de Nemours and Company, Koninklijke DSM N.V., LyondellBasell Industries N.V., and SABIC are the key suppliers of thermoplastic resins to the composites industry. Most of the players are forward integrated and supply reinforced compounds. New product development, wide geographical reach, and vast product portfolio are the key strategies adopted by major players to gain a competitive edge in the market throughout the globe.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,500 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We usually conduct more than 10 detailed primary interviews with the market players across the value chain in all the four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market Trend and Forecast Analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, Product portfolio, Product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors

The thermoplastic resin market in the composites industry is segmented into the following categories. 

Global Thermoplastic Resin Market in the Composites Industry by Resin Type:

  • Polypropylene (PP) (Regional Analysis: NA, Europe, APAC, and RoW)
  • Polyamide (PA) (Regional Analysis: NA, Europe, APAC, and RoW)
  • Polybutylene Terephthalate (PBT) (Regional Analysis: NA, Europe, APAC, and RoW)
  • Polyphenylene Sulfide (PPS) (Regional Analysis: NA, Europe, APAC, and RoW)
  • Polycarbonate (PC) (Regional Analysis: NA, Europe, APAC, and RoW)
  • Other Resins (Regional Analysis: NA, Europe, APAC, and RoW) 

Global Thermoplastic Resin Market in the Composites Industry by Compound Type:

  • Short Fiber Thermoplastic (SFT) (Regional Analysis: NA, Europe, APAC, and RoW)
  • Long Fiber Thermoplastic (LFT) (Regional Analysis: NA, Europe, APAC, and RoW)
  • Continuous Fiber Thermoplastic (CFT) (Regional Analysis: NA, Europe, APAC, and RoW)
  • Glass Mat Thermoplastic (GMT) (Regional Analysis: NA, Europe, APAC, and RoW) 

Global Thermoplastic Resin Market in the Composites Industry by End-Use Industry Type:

  • Transportation (Regional Analysis: NA, Europe, APAC, and RoW)
  • Consumer Goods (Regional Analysis: NA, Europe, APAC, and RoW)
  • Electrical & Electronic (Regional Analysis: NA, Europe, APAC, and RoW)
  • Others (Regional Analysis: NA, Europe, APAC, and RoW)

Global Thermoplastic Resin Market in the Composites Industry by Composite Type:

  • Glass Fiber-Reinforced Plastics (Regional Analysis: NA, Europe, APAC, and RoW)
  • Carbon Fiber-Reinforced Plastics (Regional Analysis: NA, Europe, APAC, and RoW) 

Global Thermoplastic Resin Market in the Composites Industry by Manufacturing process Type:

  • Injection Molding (Regional Analysis: NA, Europe, APAC, and RoW)
  • Compression Molding (Regional Analysis: NA, Europe, APAC, and RoW) 
  • Others (Regional Analysis: NA, Europe, APAC, and RoW)

Global Thermoplastic Resin Market in the Composites Industry by Region:

  • North America (Country Analysis: the USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of the Europe)
  • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
  • Rest of the world (Country Analysis: Middle East, Latin America, and Others)                                                                      

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients: 

Company Profiling

  • Detailed profiling of key market players (up to 3 players)
  • SWOT analysis of key market players (up to 3 players) 

Market Segmentation

  • Current market segmentation of any one of the compounds by resin type  

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com


List of Figures
List of Tables
Disclaimer
Copyright
Abbreviation
Currency Exchange
About Us
Research Methodology
Secondary Research
Key Information Gathered from Secondary Research
Primary Research
Key Information Gathered from Primary Research
Breakdown of Primary Interviews by Region, Designation, and Value Chain Node
Data Analysis and Triangulation
Report Scope
Report Objectives


1.    Executive Summary


2.    Global Thermoplastic (TP) Resin Market in the Composite Industry: Overview and Market Forces
2.1.          Introduction
2.2.          Market Classification
2.2.1.               By Resin Type
2.2.2.               By Compound Type
2.2.3.               By End-Use Industry Type
2.2.4.               By Composite Type
2.2.5.               By Manufacturing Process Type
2.2.6.               By Region
2.3.          Market Drivers
2.4.          Market Constraints
2.5.          Supply Chain Analysis
2.6.          Industry Life Cycle Analysis
2.7.          PEST Analysis: Impact Assessment of Changing Business Environment
2.8.          Porter Five Forces Analysis
2.8.1.               Bargaining Power of Suppliers
2.8.2.               Bargaining Power of Customers
2.8.3.               Threat of New Entrants
2.8.4.               Threat of Substitutes
2.8.5.               Competitive Rivalry
2.9.          SWOT Analysis


3.    Global Thermoplastic (TP) Resin Market in the Composites Industry – By Resin Type
3.1.          Strategic Insights
3.2.          Polypropylene (PP) Resin Market Trend and Forecast in the Composites Industry (US$ Million and Million Lbs)
3.2.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
3.3.          Polyamide (PA) Resin Market Trend and Forecast in the Composites Industry (US$ Million and Million Lbs)
3.3.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
3.4.          Polybutylene Terephthalate (PBT) Resin Market Trend and Forecast in the Composites Industry (US$ Million and Million Lbs)
3.4.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
3.5.          Polyphenylene Sulfide (PPS) Resin Market Trend and Forecast in the Composites Industry (US$ Million and Million Lbs)
3.5.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
3.6.          Polycarbonate (PC) Resin Market Trend and Forecast in the Composites Industry (US$ Million and Million Lbs)
3.6.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
3.7.          Other Resins Market Trend and Forecast in the Composites Industry (US$ Million and Million Lbs)
3.7.1.               Regional Trend and Forecast (US$ Million and Million Lbs)


4.    Global Thermoplastic (TP) Resin Market in the Composites Industry – By Compound Type
4.1.          Strategic Insights
4.2.          Short Fiber Thermoplastic (SFT): TP Resin Market Trend and Forecast (US$ Million and Million Lbs)
4.2.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
4.3.          Long Fiber Thermoplastic (LFT): TP Resin Market Trend and Forecast (US$ Million and Million Lbs)
4.3.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
4.4.          Continuous Fiber Thermoplastic (CFT): TP Resin Market Trend and Forecast (US$ Million and Million Lbs)
4.4.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
4.5.          Glass Mat Thermoplastic (GMT): TP Resin Market Trend and Forecast (US$ Million and Million Lbs)
4.5.1.               Regional Trend and Forecast (US$ Million and Million Lbs)


5.    Global Thermoplastic (TP) Resin Market in the Composites Industry – By End-Use Industry Type
5.1.          Strategic Insights
5.2.          Transportation: TP Resin Market Trend and Forecast in the Composites Industry (US$ Million and Million Lbs.)
5.2.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
5.3.          Consumer Goods: TP Resin Market Trend and Forecast in the Composites Industry (US$ Million and Million Lbs.)
5.3.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
5.4.          Electrical & Electronic: TP Resin Market Trend and Forecast in the Composites Industry (US$ Million and Million Lbs.)
5.4.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
5.5.          Others: TP Resin Market Trend and Forecast in the Composites Industry (US$ Million and Million Lbs.)
5.5.1.               Regional Trend and Forecast (US$ Million and Million Lbs)


6.    Global Thermoplastic (TP) Resin Market in the Composites Industry – By Composite Type
6.1.          Strategic Insights
6.2.          Glass Fiber-Reinforced Plastics: TP Resin Market Trend and Forecast (US$ Million and Million Lbs)
6.2.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
6.3.          Carbon Fiber-Reinforced Plastics: TP Resin Market Trend and Forecast (US$ Million and Million Lbs)
6.3.1.               Regional Trend and Forecast (US$ Million and Million Lbs)

7.    Global Thermoplastic (TP) Resin Market in the Composites Industry – By Manufacturing Process Type
7.1.          Strategic Insights
7.2.          Injection Molding: TP Resin Market Trend and Forecast (US$ Million and Million Lbs)
7.2.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
7.3.          Compression Molding: TP Resin Market Trend and Forecast (US$ Million and Million Lbs)
7.3.1.               Regional Trend and Forecast (US$ Million and Million Lbs)
7.4.          Others: TP Resin Market Trend and Forecast (US$ Million and Million Lbs)
7.4.1.               Regional Trend and Forecast (US$ Million and Million Lbs)


8.    Global Thermoplastic (TP) Resin Market in the Composites Industry – By Region 
8.1.          Strategic Insights
8.2.          North American TP Resin Market Analysis in the Composites Industry
8.2.1.               North American TP Resin Market T&F in the Composites Industry, by Country (US$ Million and Million Lbs)
8.2.1.1.                      The USA: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.2.1.2.                      Canada: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.2.1.3.                      Mexico: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.2.2.               North American TP Resin Market T&F in the Composites Industry, by Resin Type (US$ Million and Million Lbs)
8.2.3.               North American TP Resin Market T&F in the Composites Industry, by Compound Type (US$ Million and Million Lbs)
8.2.4.               North American TP Resin Market T&F in the Composites Industry, by End-Use Industry (US$ Million and Million Lbs)
8.2.5.               North American TP Resin Market T&F in the Composites Industry, by Composite Type (US$ Million and Million Lbs)
8.2.6.               North American TP Resin Market T&F in the Composites Industry, by Manufacturing Process Type (US$ Million and Million Lbs)
8.3.          European TP Resin Market Analysis in the Composites Industry 
8.3.1.               European TP Resin Market T&F in the Composites Industry, by Country (US$ Million and Million Lbs) 
8.3.1.1.                      Germany: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.3.1.2.                      France: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.3.1.3.                      The UK: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.3.1.4.                      Russia: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.3.1.5.                      Rest of the Europe: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.3.2.               European TP Resin Market T&F in the Composites Industry, by Resin Type (US$ Million and Million Lbs)
8.3.3.               European TP Resin Market T&F in the Composites Industry, by Compound Type (US$ Million and Million Lbs)
8.3.4.               European TP Resin Market T&F in the Composites Industry, by End-Use Industry (US$ Million and Million Lbs)
8.3.5.               European TP Resin Market T&F in the Composites Industry, by Composite Type (US$ Million and Million Lbs)
8.3.6.               European TP Resin Market T&F in the Composites Industry, by Manufacaturing Process Type (US$ Million and Million Lbs)
8.4.          Asia-Pacific’s TP Resin Market Analysis in the Composites Industry
8.4.1.               Asia-Pacific’s TP Resin Market T&F in the Composites Industry, by Country (US$ Million and Million Lbs)
8.4.1.1.                      China: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.4.1.2.                      Japan: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.4.1.3.                      India: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.4.1.4.                      Rest of the Asia-Pacific: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.4.2.               Asia-Pacific’s TP Resin Market T&F in the Composites Industry, by Resin Type (US$ Million and Million Lbs)
8.4.3.               Asia-Pacific’s TP Resin Market T&F in the Composites Industry, by Compound Type (US$ Million and Million Lbs)
8.4.4.               Asia-Pacific’s TP Resin Market T&F in the Composites Industry, by End-Use Industry (US$ Million and Million Lbs)
8.4.5.               Asia-Pacific’s TP Resin Market T&F in the Composites Industry, by Composite Type (US$ Million and Million Lbs)
8.4.6.               Asia-Pacific’s TP Resin Market T&F in the Composites Industry, by Manufacturing Process Type (US$ Million and Million Lbs)
8.5.          Rest of the World’s (RoW) TP Resin Market Analysis in the Composites Industry 
8.5.1.               RoW’s TP Resin Market T&F in the Composites Industry, by Country (US$ Million and Million Lbs)
8.5.1.1.                      Middle East: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.5.1.2.                      Latin America: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.5.1.3.                      Others: TP Resin Market T&F in the Composites Industry (US$ Million and Million Lbs)
8.5.2.               RoW’s TP Resin Market T&F in the Composites Industry, by Resin Type (US$ Million and Million Lbs)
8.5.3.               RoW’s TP Resin Market T&F in the Composites Industry, by Compound Type (US$ Million and Million Lbs)
8.5.4.               RoW’s TP Resin Market T&F in the Composites Industry, by End-Use Industry (US$ Million and Million Lbs)
8.5.5.               RoW’s TP Resin Market T&F in the Composites Industry, by Composite Type (US$ Million and Million Lbs)
8.5.6.               RoW’s TP Resin Market T&F in the Composites Industry, by Manufacturing Process Type (US$ Million and Million Lbs)


9.    Competitive Analysis
9.1.          Strategic Insights
9.2.          Product Portfolio Analysis
9.3.          Presence by Aircraft Type
9.4.          Geographical Presence
9.5.          New Product Launches
9.6.          Strategic Alliances: Mergers and Acquisitions, Joint Ventures, Collaborations, etc.
9.7.          Market Share Analysis


10.    Strategic Growth Opportunities
10.1.          Strategic Insights
10.2.          Market Attractive Analysis
10.2.1.               Market Attractiveness by Resin Type
10.2.2.               Market Attractiveness by Compound Type
10.2.3.               Market Attractiveness by End-Use Industry Type
10.2.4.               Market Attractiveness by Composite Type
10.2.5.               Market Attractiveness by Manufacturing Process Type
10.2.6.               Market Attractiveness by Region
10.2.7.               Market Attractiveness by Country
10.3.          Emerging Trends
10.4.          Growth Matrix Analysis
10.5.          Key Success Factors


11.  Company Profile of Key Players
11.1.       BASF SE
11.2.       E. I. du Pont de Nemours and Company
11.3.       EMS-GRIVORY
11.4.       Koninklijke DSM N.V.
11.5.       Lanxess Aktiengesellschaft
11.6.       LyondellBasell Industries N.V.
11.7.       SABIC
11.8.       Solvay S.A.




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