The global Long-Fiber Thermoset Composites Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Resin (Unsaturated Polyester, Epoxy, Vinyl Ester, Others), By Fiber (Glass Fiber, Carbon Fiber), By End-User (Transportation, Marine, Aerospace, Building & Construction, Wind Energy, Electrical & Electronics, Others).
Long fiber thermoset composites are advanced composite materials reinforced with continuous fibers embedded in a thermosetting resin matrix, offering exceptional strength, stiffness, and durability in 2024. Unlike short fiber composites, which use chopped or milled fibers, long fiber composites utilize continuous fibers that are aligned and oriented along the length of the component, providing enhanced mechanical properties and structural integrity. The fibers can be made from various materials, including glass, carbon, aramid, and natural fibers such as flax or hemp, depending on the specific performance requirements of the application. The resin matrix is typically a thermosetting polymer, such as epoxy, polyester, or vinyl ester, which undergoes a curing process to crosslink and harden, forming a rigid and stable structure. Long fiber thermoset composites are manufactured using processes such as pultrusion, filament winding, resin transfer molding (RTM), and compression molding, allowing for the production of complex shapes and structures with precise fiber orientation and fiber volume fraction control. These composites find applications in aerospace, automotive, marine, wind energy, sports equipment, and infrastructure, where high strength-to-weight ratio, corrosion resistance, and fatigue resistance are critical. In aerospace, long fiber thermoset composites are used in aircraft fuselages, wings, and interiors to reduce weight and fuel consumption while enhancing structural integrity and crashworthiness. In automotive, they are employed in vehicle body panels, chassis components, and interior trim to improve fuel efficiency, crash performance, and noise vibration harshness (NVH) characteristics. In wind energy, long fiber composites are utilized in wind turbine blades to increase energy capture efficiency and reliability under harsh environmental conditions. With ongoing advancements in materials, manufacturing processes, and design optimization tools, long fiber thermoset composites to drive innovation and sustainability across a wide range of industries, enabling the development of lighter, stronger, and more efficient products and structures.
The market report analyses the leading companies in the industry including Advanced Composites Inc, Celanese Corp, Conductive Composites, Fibrtec Inc, FRP Services & Co., Lanxess AG, Lingol Corp, PlastiComp Inc, PolyOne Corp, RTP Company, SABIC, and others.
A significant trend in the long fiber thermoset composites market is the growing demand for lightweight and high-strength materials. Long fiber thermoset composites, consisting of continuous fibers embedded in a thermosetting resin matrix, offer exceptional mechanical properties such as high tensile strength, stiffness, and impact resistance. These properties make them ideal for applications requiring lightweight components with superior structural integrity, such as automotive parts, aerospace components, sporting goods, and industrial equipment. With increasing emphasis on fuel efficiency, sustainability, and performance optimization across industries, there is a rising demand for long fiber thermoset composites as a preferred choice for lightweighting and structural reinforcement solutions, driving market growth and innovation.
A key driver fueling the long fiber thermoset composites market is advancements in composite manufacturing technologies. Continuous improvements in resin formulation, fiber reinforcement, and processing techniques enable the production of long fiber thermoset composites with tailored properties and performance characteristics to meet specific application requirements. Advanced manufacturing processes such as resin transfer molding (RTM), compression molding, and pultrusion allow for precise control over fiber orientation, resin distribution, and part geometry, resulting in optimized structural performance and cost-effective production. These technological advancements empower industries to adopt long fiber thermoset composites for a wide range of applications, driving market demand and expanding opportunities for material innovation.
A promising opportunity for the long fiber thermoset composites market lies in penetrating into new end-use sectors and applications. While long fiber thermoset composites are widely used in automotive, aerospace, and sporting goods industries, there are emerging opportunities in sectors such as renewable energy, infrastructure, consumer goods, and construction. For example, long fiber thermoset composites are increasingly utilized in wind turbine blades, bridges, furniture, and electronic enclosures due to their lightweight, corrosion-resistant, and design flexibility properties. By identifying and targeting niche markets within these sectors, manufacturers can diversify their customer base, expand product portfolios, and capitalize on the versatility and performance advantages of long fiber thermoset composites. Additionally, strategic partnerships and collaborations with industry players and research institutions can facilitate technology transfer, market penetration, and product development, accelerating growth and market expansion in new applications.
The largest segment within the long-fiber thermoset composites market is unsaturated polyester. The large revenue share is primarily due to the widespread use of unsaturated polyester resins in various industries, including automotive, construction, marine, and aerospace. Unsaturated polyester resins offer potential advantages, such as high strength-to-weight ratio, excellent corrosion resistance, and cost-effectiveness, making them a preferred choice for manufacturing long-fiber thermoset composites. Additionally, unsaturated polyester resins can be easily modified to meet specific performance requirements and production processes, providing versatility and flexibility to composite manufacturers. Moreover, unsaturated polyester resins demonstrate good adhesion to reinforcement fibers, ensuring uniform distribution of load and enhancing the overall mechanical properties of the composite material. As industries continue to seek lightweight, durable, and cost-efficient materials for structural and non-structural applications, the demand for long-fiber thermoset composites based on unsaturated polyester resins is expected to remain strong, consolidating its position as the largest segment in the market.
The fastest-growing segment within the long-fiber thermoset composites market is carbon fiber. This rapid growth can be attributed to the exceptional properties of carbon fibers, including high strength, stiffness, and low weight, making them ideal reinforcements for thermoset composites in high-performance applications. Carbon fibers offer significant advantages over traditional glass fibers, particularly in industries such as aerospace, automotive, sporting goods, and renewable energy. The increasing demand for lightweight materials with superior mechanical properties, coupled with advancements in carbon fiber manufacturing processes, has driven the adoption of carbon fiber-reinforced thermoset composites in critical structural components, such as aircraft fuselages, automotive chassis, and wind turbine blades. Moreover, the growing focus on sustainability and energy efficiency has spurred interest in carbon fiber composites for reducing fuel consumption and greenhouse gas emissions in transportation and renewable energy sectors. As manufacturers continue to innovate and optimize carbon fiber production techniques to lower costs and increase production volumes, the demand for carbon fiber-reinforced thermoset composites is expected to experience continued growth, solidifying carbon fiber as the fastest-growing segment in the market.
The largest segment within the long-fiber thermoset composites market is transportation. The large revenue share is primarily due to the widespread adoption of long-fiber thermoset composites in various modes of transportation, including automotive, railway, and aerospace industries. Long-fiber thermoset composites offer potential advantages for transportation applications, including lightweight, high strength, corrosion resistance, and design flexibility. In the automotive sector, these composites are used to manufacture lightweight components such as body panels, chassis structures, and interior parts, contributing to improved fuel efficiency and reduced emissions. Similarly, in the aerospace industry, long-fiber thermoset composites are utilized in aircraft components such as fuselage panels, wings, and interior structures, enabling aircraft manufacturers to achieve significant weight savings while maintaining structural integrity and performance. Additionally, the marine sector employs long-fiber thermoset composites for boat hulls, decks, and marine infrastructure due to their durability and resistance to water and harsh environmental conditions. As transportation industries continue to prioritize lightweighting, fuel efficiency, and sustainability, the demand for long-fiber thermoset composites in transportation applications is expected to remain strong, solidifying transportation as the largest segment in the market.
By Resin
Unsaturated Polyester
Epoxy
Vinyl Ester
Others
By Fiber
Glass Fiber
Carbon Fiber
By End-User
Transportation
Marine
Aerospace
Building & Construction
Wind Energy
Electrical & Electronics
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Advanced Composites Inc
Celanese Corp
Conductive Composites
Fibrtec Inc
FRP Services & Co.
Lanxess AG
Lingol Corp
PlastiComp Inc
PolyOne Corp
RTP Company
SABIC
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Long Fiber Thermoset Composites Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Long Fiber Thermoset Composites Market Size Outlook, $ Million, 2021 to 2032
3.2 Long Fiber Thermoset Composites Market Outlook by Type, $ Million, 2021 to 2032
3.3 Long Fiber Thermoset Composites Market Outlook by Product, $ Million, 2021 to 2032
3.4 Long Fiber Thermoset Composites Market Outlook by Application, $ Million, 2021 to 2032
3.5 Long Fiber Thermoset Composites Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Long Fiber Thermoset Composites Industry
4.2 Key Market Trends in Long Fiber Thermoset Composites Industry
4.3 Potential Opportunities in Long Fiber Thermoset Composites Industry
4.4 Key Challenges in Long Fiber Thermoset Composites Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Long Fiber Thermoset Composites Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Long Fiber Thermoset Composites Market Outlook by Segments
7.1 Long Fiber Thermoset Composites Market Outlook by Segments, $ Million, 2021- 2032
By Resin
Unsaturated Polyester
Epoxy
Vinyl Ester
Others
By Fiber
Glass Fiber
Carbon Fiber
By End-User
Transportation
Marine
Aerospace
Building & Construction
Wind Energy
Electrical & Electronics
Others
8 North America Long Fiber Thermoset Composites Market Analysis and Outlook To 2032
8.1 Introduction to North America Long Fiber Thermoset Composites Markets in 2024
8.2 North America Long Fiber Thermoset Composites Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Long Fiber Thermoset Composites Market size Outlook by Segments, 2021-2032
By Resin
Unsaturated Polyester
Epoxy
Vinyl Ester
Others
By Fiber
Glass Fiber
Carbon Fiber
By End-User
Transportation
Marine
Aerospace
Building & Construction
Wind Energy
Electrical & Electronics
Others
9 Europe Long Fiber Thermoset Composites Market Analysis and Outlook To 2032
9.1 Introduction to Europe Long Fiber Thermoset Composites Markets in 2024
9.2 Europe Long Fiber Thermoset Composites Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Long Fiber Thermoset Composites Market Size Outlook by Segments, 2021-2032
By Resin
Unsaturated Polyester
Epoxy
Vinyl Ester
Others
By Fiber
Glass Fiber
Carbon Fiber
By End-User
Transportation
Marine
Aerospace
Building & Construction
Wind Energy
Electrical & Electronics
Others
10 Asia Pacific Long Fiber Thermoset Composites Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Long Fiber Thermoset Composites Markets in 2024
10.2 Asia Pacific Long Fiber Thermoset Composites Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Long Fiber Thermoset Composites Market size Outlook by Segments, 2021-2032
By Resin
Unsaturated Polyester
Epoxy
Vinyl Ester
Others
By Fiber
Glass Fiber
Carbon Fiber
By End-User
Transportation
Marine
Aerospace
Building & Construction
Wind Energy
Electrical & Electronics
Others
11 South America Long Fiber Thermoset Composites Market Analysis and Outlook To 2032
11.1 Introduction to South America Long Fiber Thermoset Composites Markets in 2024
11.2 South America Long Fiber Thermoset Composites Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Long Fiber Thermoset Composites Market size Outlook by Segments, 2021-2032
By Resin
Unsaturated Polyester
Epoxy
Vinyl Ester
Others
By Fiber
Glass Fiber
Carbon Fiber
By End-User
Transportation
Marine
Aerospace
Building & Construction
Wind Energy
Electrical & Electronics
Others
12 Middle East and Africa Long Fiber Thermoset Composites Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Long Fiber Thermoset Composites Markets in 2024
12.2 Middle East and Africa Long Fiber Thermoset Composites Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Long Fiber Thermoset Composites Market size Outlook by Segments, 2021-2032
By Resin
Unsaturated Polyester
Epoxy
Vinyl Ester
Others
By Fiber
Glass Fiber
Carbon Fiber
By End-User
Transportation
Marine
Aerospace
Building & Construction
Wind Energy
Electrical & Electronics
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Advanced Composites Inc
Celanese Corp
Conductive Composites
Fibrtec Inc
FRP Services & Co.
Lanxess AG
Lingol Corp
PlastiComp Inc
PolyOne Corp
RTP Company
SABIC
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Resin
Unsaturated Polyester
Epoxy
Vinyl Ester
Others
By Fiber
Glass Fiber
Carbon Fiber
By End-User
Transportation
Marine
Aerospace
Building & Construction
Wind Energy
Electrical & Electronics
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Long-Fiber Thermoset Composites Market Size is valued at $3.1 Billion in 2024 and is forecast to register a growth rate (CAGR) of 6.6% to reach $5.2 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Advanced Composites Inc, Celanese Corp, Conductive Composites, Fibrtec Inc, FRP Services & Co., Lanxess AG, Lingol Corp, PlastiComp Inc, PolyOne Corp, RTP Company, SABIC
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume