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The Global Long Glass Fiber Thermoplastic Market was valued at USD 1.95 billion in 2023 and is projected to reach USD 3.18 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period (2024-2032). This growth is driven by increasing demand from automotive lightweighting applications, expanding consumer goods manufacturing, and growing adoption of high-performance composites in industrial applications.

As industries prioritize material performance and sustainability, leading polymer manufacturers are innovating with glass fiber reinforced thermoplastics that offer superior strength-to-weight ratios and design flexibility. Here we profile the Top 10 Companies in the Long Glass Fiber Thermoplastic Industry that are shaping the future of advanced composite materials.

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🔟 1. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: STAMAX™ LGF PP compounds

SABIC is a global leader in long glass fiber reinforced polypropylene, with its STAMAX™ series widely used in automotive under-the-hood components and structural parts. The company operates compounding facilities across North America, Europe, and Asia.

Innovation Focus:

• Pioneering hybrid composites combining LGF with other reinforcements

• Automotive lightweighting solutions for EV battery components

• Closed-loop recycling initiatives for production scrap

Download FREE Sample Report: Long Glass Fiber Thermoplastic Market – View in Detailed Research Report

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9️⃣ 2. Celanese Corporation

Headquarters: Irving, Texas, USA
Key Offering: Celstran® LFT compounds

Celanese offers a comprehensive portfolio of long fiber reinforced thermoplastics under its Celstran brand, serving automotive, industrial, and consumer markets with customized material solutions.

Innovation Focus:

• High-temperature LGF-PA compounds for engine components

• Conductive formulations for EMI shielding applications

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8️⃣ 3. PolyOne

Headquarters: Avon Lake, Ohio, USA
Key Offering: Long fiber thermoplastic compounds

PolyOne (now Avient) provides engineered LFT materials through its specialty engineered materials segment, with strong supply chain integration from compounding to part manufacturing.

Innovation Focus:

• Color-matched LGF compounds for visible automotive parts

• Flame-retardant formulations for electrical applications

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7️⃣ 4. Solvay SA

Headquarters: Brussels, Belgium
Key Offering: Ixef® PARA, Technyl® PA LFT

Solvay specializes in high-performance LGF reinforced polyamides and other engineering thermoplastics that meet stringent automotive and industrial requirements.

Innovation Focus:

• Metal replacement solutions for structural components

• Heat-stabilized formulations for under-hood applications

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6️⃣ 5. PlastiComp Inc

Headquarters: Winona, Minnesota, USA
Key Offering: Complēt® LFT compounds

PlastiComp focuses exclusively on long fiber reinforced thermoplastics, with patented technology for producing high-performance composites with fiber lengths up to 50mm.

Innovation Focus:

• Ultra-long fiber technology for maximum mechanical properties

• Custom formulations for medical and aerospace applications

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5️⃣ 6. RTP Company

Headquarters: Winona, Minnesota, USA
Key Offering: LFT compounds across multiple resin systems

RTP Company manufactures a wide range of long glass fiber reinforced thermoplastics, including specialty compounds with enhanced thermal and electrical properties.

Innovation Focus:

• Anti-static and conductive LFT compounds

• UL-recognized flame retardant formulations

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4️⃣ 7. Lanxess

Headquarters: Cologne, Germany
Key Offering: Durethan® PA LFT compounds

Lanxess offers high-performance LGF reinforced polyamides through its engineering materials segment, with strong positioning in the European automotive market.

Innovation Focus:

• Excellent flow characteristics for thin-wall molding

• Crash-optimized formulations for structural automotive parts

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3️⃣ 8. BASF

Headquarters: Ludwigshafen, Germany
Key Offering: Ultramid® PA LFT

BASF provides LGF reinforced polyamides through its performance materials division, with global production facilities supporting automotive and industrial customers.

Innovation Focus:

• Low-warpage LGF compounds for large structural parts

• Recycled-content formulations for sustainability

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2️⃣ 9. DSM

Headquarters: Heerlen, Netherlands
Key Offering: Akulon® PA LFT compounds

DSM Engineering Materials (now part of Covestro) offers LGF reinforced polyamides with superior mechanical properties for demanding technical applications.

Innovation Focus:

• High-flow formulations for complex geometries

• Bio-based polyamide LFT compounds

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1️⃣ 10. Asahi Kasei

Headquarters: Tokyo, Japan
Key Offering: Leona™ PA LFT

Asahi Kasei is a leading supplier in the Asian market, with its Leona™ polyamide LFT grade widely used in automotive and electrical/electronic applications.

Innovation Focus:

• High-rigidity formulations for structural components

• Heat-aging resistant compounds for under-hood applications

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🌍 Outlook: The Future of Long Glass Fiber Thermoplastics

The LGF thermoplastic market is experiencing transformative growth as material innovation meets manufacturing advancement. The shift toward sustainable, high-performance materials is driving R&D investments across the value chain.

📈 Key Trends Shaping the Market:

• Accelerating adoption in electric vehicle battery components

• Development of bio-based and recycled-content LFT compounds

• Advancements in in-line compounding and direct-LFT processing

• Growing use in large structural parts through compression molding

Read Full Report: Long Glass Fiber Thermoplastic Market – View in Detailed Research Report

The companies profiled above are at the forefront of material science innovation, developing advanced LGF thermoplastic solutions that enable lighter, stronger, and more sustainable products across multiple industries.