Global Thermoplastic Composites Market : Trends, Forecast, and Opportunity Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Industry Transportation, consumer goods, construction, industrial, others Market Segments by Material Type Short fiber thermoplastics, long fiber thermoplastics, continuous fiber thermoplastics, glass mat thermoplastics Market Segments by Fiber Type Glass fiber, carbon fiber & others Market Segments by Resin Type Polypropylene, polyamide, polybutylene terephthalate, and others Market Segments by Region North America, Europe, Asia Pacific and Rest of the World Top Companies Name SABIC, DuPont, LANXESS, BASF, DSM, Solvay, Celanese, RTP Company, JNC Corporation, Techno Compound, Quadrant AG, and Hanwha Trend Growth Rate and CAGR4.8% Key Industry Forecast The global thermoplastic composites market is expected to reach an estimated $16.4 billion by 2021 and it is forecast to grow at a CAGR of 4.8% by value from 2016 to Key Industry Driver Driver: Increasing demand for lightweight and environmentally sustainable materials, and the replacement of metals with composites in different end use industries. 2

Industry Overview Market Size The global thermoplastic composites market is expected to reach an estimated $16.4 billion by 2021 and it is forecast to grow at a CAGR of 4.8% by value from 2016 to Emerging trends, which have a direct impact on the dynamics of the thermoplastic composites industry, include increasing inter- material competition and increasing focus on continuous fiber reinforced thermoplastic composites. Market Size (2021)$16.4 billion CAGR ( )4.8% 3 Industry Performance : Forecast