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The Asia Pacific Long Glass Fiber Thermoplastic market size was valued at US$ 724.6 million in 2024 and is projected to reach US$ 1.02 billion by 2030, at a CAGR of 5.9% during the forecast period 2024-2030.
Long glass fiber thermoplastics are composite materials consisting of thermoplastic resins reinforced with long glass fibers, offering high strength, stiffness, and impact resistance for automotive, aerospace, and industrial applications.
The Asia Pacific long glass fiber thermoplastic market is growing rapidly, driven by demand for lightweight and high-performance materials in the automotive and aerospace industries. China leads with a 35% market share, followed by Japan at 30% and South Korea at 20%. In 2023, the automotive sector consumed 55% of the total production, with consumer goods at 20% and industrial applications at 15%. The market experienced a 14% growth in demand from the electric vehicle segment for battery enclosures and structural components. Key players include SABIC (Saudi Arabia) and Lanxess AG (Germany), holding a combined 45% market share in the region. The industry is investing in advanced processing technologies, with a 12% increase in R&D spending on in-line compounding methods in 2023. Challenges include high raw material costs, leading to a 7% increase in product prices. The trend towards circular economy has driven a 10% growth in recycled long glass fiber thermoplastic grades. The market is benefiting from the shift towards metal replacement in various industries, with a 16% increase in adoption for structural applications previously dominated by metals.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific Long Glass Fiber Thermoplastic . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Long Glass Fiber Thermoplastic , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific Long Glass Fiber Thermoplastic , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Long Glass Fiber Thermoplastic . This report contains market size and forecasts of Long Glass Fiber Thermoplastic in Asia Pacific, including the following market information:
We surveyed the Long Glass Fiber Thermoplastic manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
• China
• India
• Japan
• South Korea
• Australia
• Thailand
• Indonesia
• Polypropylene (PP)
• Polyamide (PA)
• Polybutylene Terephthalate (PBT)
• Others
• Automotive
• Consumer Goods
• Sporting Goods
• Industrial Goods
• Others
• SABIC
• BASF SE
• Celanese Corporation
• Solvay
• Lanxess
• PolyOne Corporation
• DSM
• RTP Company
• Sumitomo Chemical
• Toray Industries
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Long Glass Fiber Thermoplastic revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
• Key companies Long Glass Fiber Thermoplastic revenues share in Asia Pacific market, 2023 (%)
• Key companies Long Glass Fiber Thermoplastic sales in Asia Pacific market, 2019-2024 (Estimated),
• Key companies Long Glass Fiber Thermoplastic sales share in Asia Pacific market, 2023 (%)
Key Points of this Report:
• The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
• The report covers Asia Pacific and country-wise market of Long Glass Fiber Thermoplastic
• It describes present situation, historical background and future forecast
• Comprehensive data showing Long Glass Fiber Thermoplastic capacities, production, consumption, trade statistics, and prices in the recent years are provided
• The report indicates a wealth of information on Long Glass Fiber Thermoplastic manufacturers
• Long Glass Fiber Thermoplastic forecast for next five years, including market volumes and prices is also provided
• Raw Material Supply and Downstream Consumer Information is also included
• Any other user's requirements which is feasible for us
Reasons to Purchase this Report:
• Analyzing the outlook of the market with the recent trends and SWOT analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
• Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
• Distribution Channel sales Analysis by Value
• Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• 1-year analyst support, along with the data support in excel format.
1.1 Product Overview and Scope of Long Glass Fiber Thermoplastic
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Polypropylene (PP)
1.2.3 Polyamide (PA)
1.2.4 Polybutylene Terephthalate (PBT)
1.2.5 Others
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive
1.3.3 Consumer Goods
1.3.4 Sporting Goods
1.3.5 Industrial Goods
1.3.6 Others
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 SABIC
8.1.1 SABIC Corporation Information
8.1.2 SABIC Product Portfolio
8.1.3 SABIC Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 SABIC Main Business and Markets Served
8.1.5 SABIC Recent Developments/Updates
8.2 BASF SE
8.2.1 BASF SE Corporation Information
8.2.2 BASF SE Product Portfolio
8.2.3 BASF SE Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 BASF SE Main Business and Markets Served
8.2.5 BASF SE Recent Developments/Updates
8.3 Celanese Corporation
8.3.1 Celanese Corporation Corporation Information
8.3.2 Celanese Corporation Product Portfolio
8.3.3 Celanese Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Celanese Corporation Main Business and Markets Served
8.3.5 Celanese Corporation Recent Developments/Updates
8.4 Solvay
8.4.1 Solvay Corporation Information
8.4.2 Solvay Product Portfolio
8.4.3 Solvay Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Solvay Main Business and Markets Served
8.4.5 Solvay Recent Developments/Updates
8.5 Lanxess
8.5.1 Lanxess Corporation Information
8.5.2 Lanxess Product Portfolio
8.5.3 Lanxess Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Lanxess Main Business and Markets Served
8.5.5 Lanxess Recent Developments/Updates
8.6 PolyOne Corporation
8.6.1 PolyOne Corporation Corporation Information
8.6.2 PolyOne Corporation Product Portfolio
8.6.3 PolyOne Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 PolyOne Corporation Main Business and Markets Served
8.6.5 PolyOne Corporation Recent Developments/Updates
8.7 DSM
8.7.1 DSM Corporation Information
8.7.2 DSM Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 DSM Main Business and Markets Served
8.7.4 DSM Recent Developments/Updates
8.8 RTP Company
8.8.1 RTP Company Corporation Information
8.8.2 RTP Company Product Portfolio
8.8.3 RTP Company Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 RTP Company Main Business and Markets Served
8.8.5 RTP Company Recent Developments/Updates
8.9 Sumitomo Chemical
8.9.1 Sumitomo Chemical Corporation Information
8.9.2 Sumitomo Chemical Product Portfolio
8.9.3 Sumitomo Chemical Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Sumitomo Chemical Main Business and Markets Served
8.9.5 Sumitomo Chemical Recent Developments/Updates
8.10 Toray Industries
8.10.1 Toray Industries Corporation Information
8.10.2 Toray Industries Product Portfolio
8.10.3 Toray Industries Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Toray Industries Main Business and Markets Served
8.10.5 Toray Industries Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Long Glass Fiber Thermoplastic
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?
