Global Thermoplastic Composite Resin Market Growth 2026-2032
Description
The global Thermoplastic Composite Resin market size is predicted to grow from US$ 6359 million in 2025 to US$ 11531 million in 2032; it is expected to grow at a CAGR of 8.9% from 2026 to 2032.
In 2025, global production of thermoplastic composite resin reached approximately 2.0 million tons, based on an average market price of around US$ 3,250 per ton. Industry gross profit margins generally ranged from 30% to 45%, reflecting strong value creation from material performance, process efficiency, and recyclability advantages. Global production capacity in 2025 was estimated at about 2.5 million tons, indicating sufficient supply capability to support expanding demand from advanced manufacturing sectors.
Thermoplastic composite resin refers to composite matrix materials in which thermoplastic polymers are reinforced with fibers or fillers to achieve enhanced mechanical and functional properties. These materials offer advantages such as recyclability, high impact resistance, rapid processing, and design flexibility, making them suitable for high-performance and mass-production applications.
The industrial chain includes upstream thermoplastic polymers, reinforcing fibers, additives, and compounding materials. The midstream focuses on resin compounding, impregnation, pelletizing, and material modification. Downstream applications mainly involve automotive components, aerospace structures, industrial equipment, consumer goods, and construction materials.
The thermoplastic composite resin market is expanding rapidly as industries pursue lightweight, high-strength, and recyclable material solutions. Automotive and aerospace sectors are increasingly adopting thermoplastic composites to reduce weight, improve energy efficiency, and enable faster production cycles. Compared with thermoset systems, thermoplastic resins offer advantages in reprocessability, welding capability, and automation compatibility. Continuous progress in fiber impregnation technology, resin formulation, and processing equipment is improving material performance and cost efficiency. During 2026–2032, supported by lightweighting trends, sustainability requirements, and broader industrial adoption, the thermoplastic composite resin market is expected to achieve strong growth and steadily increase its share in the global composites landscape.
LP Information, Inc. (LPI) ' newest research report, the “Thermoplastic Composite Resin Industry Forecast” looks at past sales and reviews total world Thermoplastic Composite Resin sales in 2025, providing a comprehensive analysis by region and market sector of projected Thermoplastic Composite Resin sales for 2026 through 2032. With Thermoplastic Composite Resin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermoplastic Composite Resin industry.
This Insight Report provides a comprehensive analysis of the global Thermoplastic Composite Resin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thermoplastic Composite Resin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Thermoplastic Composite Resin market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermoplastic Composite Resin and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermoplastic Composite Resin.
This report presents a comprehensive overview, market shares, and growth opportunities of Thermoplastic Composite Resin market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Thermoset Composite Resin
Thermoplastic Composite Resin
Segmentation by Reinforcement Type:
Glass Fiber Reinforced Thermoplastic Resin
Carbon Fiber Reinforced Thermoplastic Resin
Segmentation by Processing Form:
Pelletized Thermoplastic Composite
Sheet & Tape Thermoplastic Composite
Segmentation by Application:
Marine
Aerospace and Defense
Construction and Infrastructure
Automotive and Transportation
Electricals and Electronics
Pipes and Tanks
Wind Energy
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sumitomo Bakelite
Dow
DSM
Hexion
Scott Bader Company
Huntsman International
Celanese Corporation
Evonik Industries
Allnex GmbH
SABIC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Thermoplastic Composite Resin market?
What factors are driving Thermoplastic Composite Resin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Thermoplastic Composite Resin market opportunities vary by end market size?
How does Thermoplastic Composite Resin break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
In 2025, global production of thermoplastic composite resin reached approximately 2.0 million tons, based on an average market price of around US$ 3,250 per ton. Industry gross profit margins generally ranged from 30% to 45%, reflecting strong value creation from material performance, process efficiency, and recyclability advantages. Global production capacity in 2025 was estimated at about 2.5 million tons, indicating sufficient supply capability to support expanding demand from advanced manufacturing sectors.
Thermoplastic composite resin refers to composite matrix materials in which thermoplastic polymers are reinforced with fibers or fillers to achieve enhanced mechanical and functional properties. These materials offer advantages such as recyclability, high impact resistance, rapid processing, and design flexibility, making them suitable for high-performance and mass-production applications.
The industrial chain includes upstream thermoplastic polymers, reinforcing fibers, additives, and compounding materials. The midstream focuses on resin compounding, impregnation, pelletizing, and material modification. Downstream applications mainly involve automotive components, aerospace structures, industrial equipment, consumer goods, and construction materials.
The thermoplastic composite resin market is expanding rapidly as industries pursue lightweight, high-strength, and recyclable material solutions. Automotive and aerospace sectors are increasingly adopting thermoplastic composites to reduce weight, improve energy efficiency, and enable faster production cycles. Compared with thermoset systems, thermoplastic resins offer advantages in reprocessability, welding capability, and automation compatibility. Continuous progress in fiber impregnation technology, resin formulation, and processing equipment is improving material performance and cost efficiency. During 2026–2032, supported by lightweighting trends, sustainability requirements, and broader industrial adoption, the thermoplastic composite resin market is expected to achieve strong growth and steadily increase its share in the global composites landscape.
LP Information, Inc. (LPI) ' newest research report, the “Thermoplastic Composite Resin Industry Forecast” looks at past sales and reviews total world Thermoplastic Composite Resin sales in 2025, providing a comprehensive analysis by region and market sector of projected Thermoplastic Composite Resin sales for 2026 through 2032. With Thermoplastic Composite Resin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermoplastic Composite Resin industry.
This Insight Report provides a comprehensive analysis of the global Thermoplastic Composite Resin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thermoplastic Composite Resin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Thermoplastic Composite Resin market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermoplastic Composite Resin and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermoplastic Composite Resin.
This report presents a comprehensive overview, market shares, and growth opportunities of Thermoplastic Composite Resin market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Thermoset Composite Resin
Thermoplastic Composite Resin
Segmentation by Reinforcement Type:
Glass Fiber Reinforced Thermoplastic Resin
Carbon Fiber Reinforced Thermoplastic Resin
Segmentation by Processing Form:
Pelletized Thermoplastic Composite
Sheet & Tape Thermoplastic Composite
Segmentation by Application:
Marine
Aerospace and Defense
Construction and Infrastructure
Automotive and Transportation
Electricals and Electronics
Pipes and Tanks
Wind Energy
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sumitomo Bakelite
Dow
DSM
Hexion
Scott Bader Company
Huntsman International
Celanese Corporation
Evonik Industries
Allnex GmbH
SABIC
Key Questions Addressed in this Report
What is the 10-year outlook for the global Thermoplastic Composite Resin market?
What factors are driving Thermoplastic Composite Resin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Thermoplastic Composite Resin market opportunities vary by end market size?
How does Thermoplastic Composite Resin break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
99 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Thermoplastic Composite Resin by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Thermoplastic Composite Resin by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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