The Global Automotive Glass Fiber Reinforced Thermoplastics (GFRTP) Market was valued at US$ 3,276 Million in 2025 and is projected to reach US$ 5,215 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period (2024–2034). Global sales of automotive GFRTP reached 1.31 million tons in 2025, demonstrating the material’s critical role in vehicle lightweighting, emission reduction, and enhancing fuel efficiency across the automotive industry.

As the automotive sector accelerates its transition toward electric vehicles (EVs) and stringent emission standards, the focus intensifies on advanced materials that offer strength, durability, and design flexibility. In this blog, we profile the Top 10 Companies in the Automotive GFRTP Industry—a group of global chemical giants, material specialists, and composite innovators shaping the future of automotive manufacturing.

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🔟 1. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: STAMAX™ (LGF-PP), LNP™ Thermocomposites

SABIC is a leading global supplier of engineered thermoplastics, with its STAMAX long glass fiber polypropylene being widely adopted in large, semi-structural automotive parts like front-end carriers and door modules. Their materials contribute significantly to weight reduction without compromising mechanical performance.

Lightweighting Initiatives:

• Development of high-flow, low-density LGF-PP grades

• Strategic partnerships with major OEMs for EV battery components

• Focus on recyclable and sustainable composite solutions

Download FREE Sample Report: Automotive Glass Fiber Reinforced Thermoplastics Market – View in Detailed Research Report

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9️⃣ 2. Celanese Corporation

Headquarters: Irving, Texas, USA
Key Offering: Celstran® LFRT, Hostaform® POM, Fortron® PPS

Celanese is a major player in engineering thermoplastics, offering a broad portfolio of glass fiber reinforced materials. Their Celstran long fiber reinforced thermoplastics (LFRT) are renowned for high impact strength and are used in under-the-hood applications, intake manifolds, and structural brackets.

Lightweighting Initiatives:

• Advanced compounding technologies for enhanced fiber-matrix adhesion

• Expansion of high-temperature PPS and PPA compounds for electrification

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8️⃣ 3. Avient Corporation

Headquarters: Avon Lake, Ohio, USA
Key Offering: Complet® LFT, Fiber-Line™ LFRT, Edgetek® LNP

Avient specializes in specialized polymer materials and services. Its Complet long fiber thermoplastics are designed for demanding automotive applications requiring stiffness, toughness, and dimensional stability, such as seat structures and instrument panel carriers.

Lightweighting Initiatives:

• Custom color and additive masterbatch solutions for GFRTP

• Focus on sustainable solutions, including recycled content formulations

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7️⃣ 4. RTP Company

Headquarters: Winona, Minnesota, USA
Key Offering: Custom Engineered Thermoplastic Compounds

RTP Company is a global compounder of engineering thermoplastics, offering thousands of custom formulations. They provide both short and long glass fiber reinforced compounds across a wide range of polymer bases, including PA, PP, PBT, and PC, tailored for specific automotive part requirements.

Lightweighting Initiatives:

• Expertise in custom-tailored solutions for complex automotive designs

• Global manufacturing footprint supporting just-in-time delivery

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6️⃣ 5. Daicel Corporation

Headquarters: Osaka, Japan
Key Offering: Plastics & Organic Synthesis Products

Daicel Polymer is a significant supplier of polypropylene compounds and reinforced engineering plastics in the Asian market. They provide glass fiber reinforced materials used in automotive interiors, exteriors, and functional components for Japanese and global OEMs.

Lightweighting Initiatives:

• Development of low-warpage reinforced PP compounds

• Strong focus on quality and performance for safety-critical parts

Download FREE Sample Report: Automotive Glass Fiber Reinforced Thermoplastics Market – View in Detailed Research Report

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5️⃣ 6. Kingfa Science & Technology Co., Ltd.

Headquarters: Guangzhou, China
Key Offering: Modified Plastics, LFT Compounds

Kingfa is China’s largest and a leading global producer of modified plastics. The company supplies a vast range of glass fiber reinforced thermoplastics to the automotive industry, supporting the rapid growth of China’s automotive market and its expanding EV sector.

Lightweighting Initiatives:

• Mass production capabilities for cost-effective GFRTP solutions

• Significant R&D investment in new material technologies

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4️⃣ 7. Borealis AG

Headquarters: Vienna, Austria
Key Offering: Fibremod™ LGF-PP, Daplen™ PP Compounds

Borealis is a leading provider of polyolefins and base chemicals. Their Fibremod long glass fiber reinforced polypropylene is specifically engineered for lightweight automotive applications, offering an excellent balance of stiffness, impact strength, and thermal stability.

Lightweighting Initiatives:

• Integration of circular economy principles into material design

• Strong focus on sustainable and recyclable polypropylene solutions

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3️⃣ 8. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: TAFMER™, KYOWAN™, Durabio™

Mitsubishi Chemical offers a diverse portfolio of high-performance materials, including advanced glass fiber reinforced composites. Their expertise spans various polymer matrices, catering to the demanding requirements of automotive lightweighting, particularly in the premium and EV segments.

Lightweighting Initiatives:

• Development of bio-based engineering plastics

• High-performance compounds for electrified powertrains

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2️⃣ 9. TechnoCompound GmbH

Headquarters: Gernsheim, Germany
Key Offering: LFT-D Compounds, Custom Compounding

TechnoCompound is a specialist in long fiber reinforced thermoplastics using the direct (LFT-D) manufacturing process. This European supplier is known for its expertise in producing high-performance, tailor-made compounds for structural automotive applications directly from raw materials.

Lightweighting Initiatives:

• Pioneering LFT-D process for optimal mechanical properties

• Strong collaboration with European automotive OEMs and Tier-1s

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1️⃣ 10. Mitsui Chemicals, Inc.

Headquarters: Tokyo, Japan
Key Offering: Milastomer™, TAFTHRENE™, LUCANT™

Mitsui Chemicals is a global chemical company with a strong presence in automotive materials. They supply various glass fiber reinforced thermoplastic compounds that contribute to vehicle weight reduction, focusing on applications requiring heat resistance, chemical resistance, and durability.

Lightweighting Initiatives:

• Innovation in thermoplastic olefin (TPO) and polypropylene compounds

• Development of materials for next-generation mobility solutions

Get Full Report Here: Automotive Glass Fiber Reinforced Thermoplastics Market – View in Detailed Research Report

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🚗 Outlook: The Future of Automotive GFRTP Is Lighter and Smarter

The automotive GFRTP market is experiencing transformative growth, driven by the dual imperatives of electrification and sustainability. While traditional metal components still dominate certain applications, the industry is increasingly adopting advanced composites to meet stringent CO2 targets and extend EV range.

📈 Key Trends Shaping the Market:

• Accelerated adoption in EV battery housings and structural components

• Development of bio-based and recycled content GFRTP materials

• Integration of digital design and simulation tools for optimized part performance

• Growing demand for Long Fiber Thermoplastics (LFT) in structural applications

Get Full Report Here: Automotive Glass Fiber Reinforced Thermoplastics Market – View in Detailed Research Report

The companies profiled above are not just supplying materials—they are enabling the next generation of lighter, cleaner, and more efficient vehicles through innovative composite solutions.