The Global Long Fiber Composites Market was valued at USD 3.54 Billion in 2024 and is projected to reach USD 6.12 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period (2024–2030). This robust growth is being propelled by the relentless demand for lightweight, high-strength materials across the automotive, aerospace, and electrical & electronics industries, coupled with advancements in manufacturing processes and a strong push for sustainability.

As industries worldwide pivot towards efficiency and reduced environmental impact, long fiber composites (LFTs) are becoming a cornerstone of material innovation. These materials offer a superior strength-to-weight ratio, excellent impact resistance, and design flexibility compared to traditional materials. In this blog, we profile the Top 10 Companies in the Long Fiber Composites Industry—a dynamic group of chemical giants, specialty compounders, and advanced material innovators who are defining the next generation of composite solutions.

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🔟 1. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: LNP™ THERMOCOMP™ LFT Compounds

SABIC is a global leader in the chemical industry and a major supplier of long fiber reinforced thermoplastics (LFRT). Its LNP THERMOCOMP portfolio includes compounds based on PP, PA, PPA, and other high-performance resins, widely used in automotive under-the-hood applications, consumer electronics, and industrial equipment.

Innovation and Strategic Focus:

• Development of bio-based and recycled content LFT compounds

• Focus on material solutions for electric vehicles (battery trays, structural components)

• Global production footprint and technical support network

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9️⃣ 2. Solvay

Headquarters: Brussels, Belgium
Key Offering: IXEF® PARA, Ixef® LFT compounds

Solvay offers a comprehensive range of high-performance LFTs, particularly its IXEF® polyarylamide (PARA) compounds, which are renowned for their exceptional stiffness, strength, and surface finish. These materials are critical in applications requiring metal replacement for weight reduction.

Innovation and Strategic Focus:

• Leading in high-temperature resistant LFTs for demanding automotive and aerospace applications

• Sustainable solutions portfolio, including bio-based and recyclable compounds

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8️⃣ 3. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Ultramid® LFT (PA), Ultradur® LFT (PBT)

BASF is a key player in engineering plastics and offers a wide array of long fiber reinforced compounds. Their materials are engineered for superior mechanical properties and are extensively used in automotive structural parts, sports equipment, and industrial applications.

Innovation and Strategic Focus:

• Strong R&D focus on fiber-matrix adhesion technologies for enhanced performance

• Expanding capacities and developing solutions tailored for e-mobility trends

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7️⃣ 4. Celanese Corporation

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

Celanese, through its engineered materials division, is a prominent manufacturer of long fiber thermoplastic composites under the Celstran® and Hostaform® brands. Their products are known for high impact strength and are used in automotive, consumer, and industrial sectors.

Innovation and Strategic Focus:

• Broad portfolio covering PP, PA, PPS, and PEEK-based LFTs

• Strategic focus on composites for lightweighting in transportation and sustainable applications

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6️⃣ 5. RTP Company

Headquarters: Winona, Minnesota, USA
Key Offering: Custom-engineered LFT Compounds

RTP Company specializes in custom-engineered thermoplastic compounds, including a wide range of long fiber reinforced grades. They are known for their ability to tailor materials to specific customer requirements across diverse industries.

Innovation and Strategic Focus:

• Expertise in custom compounding for niche applications

• Global manufacturing presence with a focus on technical customer service

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5️⃣ 6. PlastiComp, Inc.

Headquarters: Winona, Minnesota, USA
Key Offering: Complet® LFT Compounds

PlastiComp is a leading North American specialist in long fiber thermoplastic composites. The company offers a comprehensive line of Complet® LFT products, with a strong emphasis on performance-driven solutions for the automotive, defense, and recreational markets.

Innovation and Strategic Focus:

• Pioneer in LFT pellet and direct-process technologies

• Focus on hybrid composites combining long fibers with continuous fibers for ultra-high performance

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4️⃣ 7. Avient Corporation

Headquarters: Avon Lake, Ohio, USA
Key Offering: Complt™ LFT Compounds, Fiber-Line™ LFRT

Avient is a premier provider of specialized and sustainable material solutions. Its LFT portfolio offers enhanced stiffness, strength, and impact resistance, serving markets from automotive and electronics to industrial and consumer goods.

Innovation and Strategic Focus:

• Development of sustainable LFTs, including recycled content and bio-based options

• Global color and additive expertise for aesthetically pleasing and functional composites

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3️⃣ 8. Asahi Kasei Corporation

Headquarters: Tokyo, Japan
Key Offering: Leona™ Nylon 66 LFT, Xyron™ LFT

Asahi Kasei is a major Japanese chemical company with a strong portfolio in engineering plastics. Its Leona™ nylon 66 LFTs are highly regarded for their heat resistance and strength, making them ideal for automotive engine components and electrical parts.

Innovation and Strategic Focus:

• Leading position in high-performance polyamide-based LFTs

• Strong focus on the Asian automotive market and emerging EV sector

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2️⃣ 9. Daicel Polymer Ltd.

Headquarters: Tokyo, Japan
Key Offering: Plaful® LFT (PLA-based), Engineering Plastic LFTs

Daicel Polymer is a significant player, particularly in the Asian market, offering a range of LFT compounds. The company is also known for its innovative Plaful® line, which includes bio-based, compostable LFT options.

Innovation and Strategic Focus:

• Innovation in bio-based and sustainable LFT composites

• Expanding application base in electronics and automotive industries

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1️⃣ 10. LANXESS AG

Headquarters: Cologne, Germany
Key Offering: Durethan® LFT (PA), Pocan® LFT (PBT)

LANXESS is a leading specialty chemicals company with a robust engineering plastics segment. Its Durethan® (PA) and Pocan® (PBT) LFT grades are engineered for high mechanical loads and thermal stress, widely used in automotive, electrical, and construction industries.

Innovation and Strategic Focus:

• Strong emphasis on materials for e-mobility, including flame-retardant grades

• Commitment to sustainability with recycled and bio-based product lines

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🌍 Outlook: The Future of Long Fiber Composites Is High-Performance and Sustainable

The long fiber composites market is experiencing a paradigm shift. While traditional applications continue to drive volume, the industry is increasingly focused on developing next-generation materials that offer not only superior performance but also enhanced sustainability profiles. The transition towards a circular economy and the rapid electrification of transport are key catalysts.

📈 Key Trends Shaping the Market:

• Accelerated adoption in electric vehicle battery housings and structural components

• Growing demand for bio-based and recyclable LFT compounds

• Advancements in hybrid composites combining long and continuous fibers

• Expansion into new application areas like renewable energy (wind turbine components) and medical devices

Get Full Report Here:
Long Fiber Composites Market – View in Detailed Research Report

The companies listed above are not only supplying advanced materials—they are actively engineering the future of lightweight, durable, and sustainable products across global industries.