Press release
Thermoplastic Resins Industry is Expected to Reach $ 15.5 Billion by 2031 - BASF SE, Arkema SA, DSM, Hexcel Corporation
Thermoplastic Resins Market || 2024-2031
The rising demand for lightweight, renewable resources is driving the growth of thermoplastic resins, especially in the automotive industry, which seeks to develop low CO2 emission vehicles. Germany, a leading automotive producer, saw a 67% increase in vehicle production in March 2023, further boosting thermoplastic resin demand. North America is projected to hold over 20% of the global thermoplastic resins market in 2023, driven by high R&D in sustainable materials and increased demand in transportation, aerospace, wind energy, and construction sectors.
Get a Free Sample Research PDF: https://www.datamintelligence.com/download-sample/thermoplastic-resins-market
Market Trends:
Ongoing research and development are driving the creation of innovative thermoplastic resins with enhanced strength, heat resistance, and environmental performance. Advances in manufacturing methods like 3D printing and injection molding are expanding their applications, making them more versatile and cost-effective. For instance, in 2021, Solvay and Leonardo partnered to develop thermoplastics for aerospace. With rapid growth in the construction industry, thermoplastic resins are increasingly used in residential buildings, infrastructure, and water utilities due to their superior qualities.
Segment Covered in the Thermoplastic Resins Market:
By Resin: Polypropylene, Polyamide, Polybutylene Terephthalate, Polyphenylene Sulfide, Polycarbonate, Other
By Fiber: Glass, Carbon, Others
By Product: Short Fiber-Reinforced Thermoplastic, Long Fiber-Reinforced Thermoplastic, Continuous Fiber-Reinforced Thermoplastic, Glass-Mat Thermoplastic
By End-User: Aerospace and Defense, Electrical and Electronics, Automotive, Construction, Others
Regional Analysis:
The global thermoplastic resins market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The global thermoplastic resins market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The thermoplastic resins market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Major Key Players
• BASF SE
• Arkema SA
• DSM
• Hexcel Corporation
• LANXESS
• SABIC
• Solvay SA
• SGL Carbon
• LyondellBasell Industries Holdings BV
• The Lubrizol Corporation
Related Reports
Vinyl Acetate Market: https://www.datamintelligence.com/research-report/vinyl-acetate-market
Sodium Cyanide Market: https://www.datamintelligence.com/research-report/sodium-cyanide-market
Acetone Market: https://www.datamintelligence.com/research-report/acetone-market
Affiliate Marketing Request here: https://www.datamintelligence.com/affiliate-marketing
Get Customization in the report as per your requierments: https://www.datamintelligence.com/customize/thermoplastic-resins-market
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Thermoplastic Resins Industry is Expected to Reach $ 15.5 Billion by 2031 - BASF SE, Arkema SA, DSM, Hexcel Corporation here
News-ID: 3651126 • Views: …
More Releases from DataM Intelligence 4 Market Research LLP
Agricultural Micronutrients Market Set for Steady Growth to USD 19,197 million b …
The Global Agricultural Micronutrients Market reached USD 9,706 million in 2022 and is projected to witness lucrative growth by reaching up to USD 19,197 million by 2031. The market is expected to exhibit a CAGR of 9% during the forecast period (2024-2031).
Market growth is driven by the increasing need to enhance soil fertility and crop productivity, rising adoption of precision farming techniques, growing awareness of micronutrient deficiencies in crops, and…
Online Doctor Consultation Market to Reach US$ 47.29 Billion by 2033 at 15.4% CA …
The global Online Doctor Consultation Market reached US$ 12.05 billion in 2024 and is expected to reach US$ 47.29 billion by 2033, growing at a CAGR of 15.4% during the forecast period 2025-2033. The market is expanding rapidly due to increasing demand for convenient and accessible healthcare services, rising smartphone and internet penetration, and the growing acceptance of telemedicine among patients and healthcare providers. The COVID-19 pandemic further accelerated adoption…
Hydrogen Fueling Station Market Set for Strong Growth to USD 2,800.72 Million by …
The Global Hydrogen Fueling Station Market reached USD 507.58 million in 2024 and is expected to reach USD 2,800.72 million by 2032, growing at a strong CAGR of 23.80% during 2025-2032.
Market growth is driven by accelerating adoption of hydrogen-powered vehicles, increasing government investments in hydrogen infrastructure, and global initiatives to reduce carbon emissions. Additionally, expansion of fuel cell electric vehicle fleets, advancements in hydrogen storage and dispensing technologies, and supportive…
Automotive Logistics Market Set for Steady Growth to US$ 203.54 Billion by 2032, …
The global automotive logistics market size was worth US$ 111.59 Billion in 2024 and is estimated to reach US$ 203.54 Billion by 2032, growing at a CAGR of 8.09% during the forecast period (2024-2032).
Market growth is driven by rising global vehicle production, expanding electric vehicle (EV) manufacturing, and increasing demand for efficient inbound and outbound logistics. Additionally, the adoption of digital supply-chain technologies, growth in cross-border automotive trade, and investments…
More Releases for Thermoplastic
Thermoplastic Filler Market Size Analysis by Application, Type, and Region: Fore …
USA, New Jersey- According to Market Research Intellect, the global Thermoplastic Filler market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The Thermoplastic Filler Market is experiencing steady growth, driven by increasing demand across industries such as automotive, construction, and packaging. These fillers are widely used…
Thermoplastic Elastomer Market Size And Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- Thermoplastic Elastomer Market size was valued at USD 26.70 Billion in 2021 and is projected to reach USD 41.78 Billion by 2030, growing at a CAGR of 5.1% from 2023 to 2030.
The thermoplastic elastomer (TPE) market has witnessed significant growth in recent years due to its versatility and the increasing demand for eco-friendly, high-performance materials across a wide range of industries. TPEs combine the elasticity of rubber…
Thermoplastic Valves Market Business Strategies and Challenges, Growth Drivers t …
CALIFORNIA, (UNITED STATES) - According to QYResearch New Study Report 'Thermoplastic Valves Market 2024' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular…
Thermoplastic Elastomers (TPEs) and Thermoplastic Vulcanizates (TPVs) Market Siz …
LP INFORMATION offers a latest published report on Thermoplastic Elastomers (TPEs) and Thermoplastic Vulcanizates (TPVs) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Thermoplastic Elastomers (TPEs) and Thermoplastic Vulcanizates (TPVs) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million…
Thermoplastic Elastomers (TPE) Market Segmentation by Product Types (Styrene-bas …
Thermoplastic Elastomers (TPE) Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers, and the current and future trends. Thermoplastic Elastomers are the class of polymers which consist of thermoplastics and elastomeric properties. Thermoplastic elastomers consist of several properties such as high flexibility, slip resistance, electric…
Thermoplastic Elastomers (TPE) Market | By Product | Thermoplastic Polyolefins , …
The Thermoplastic Elastomers (TPE) market research report recently published by Crystal Market Research Reports offers a detailed study of Thermoplastic Elastomers (TPE) industry across the globe with prime focus on major regions including North America, Europe, and Asia. Intially, the report covers basic information related to Thermoplastic Elastomers (TPE) market such as Thermoplastic Elastomers (TPE) definition, product types, range of applications, supply and demand analysis of Thermoplastic Elastomers (TPE) industry.
The…
