The Global Long Fiber Thermoplastic Polypropylene (LFT PP) Market was valued at USD 3.85 Billion in 2025 and is projected to reach USD 5.92 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2030). This robust growth is fueled by the escalating demand for lightweight, high-performance materials in the automotive, consumer goods, and electronics sectors, alongside a global push for energy efficiency and material sustainability.

As industries worldwide continue to seek advanced composite solutions that offer strength without the weight, LFT PP has emerged as a critical material. The spotlight falls on the key chemical and material science companies innovating in polymer reinforcement and composite manufacturing. In this blog, we profile the Top 10 Companies in the LFT PP Industry—a dynamic group of global polymer giants and specialized compounders shaping the future of advanced thermoplastics.

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🔟 1. LyondellBasell Industries N.V.

Headquarters: Houston, Texas, USA
Key Offering: Hostacom LFT PP compounds, Polypropylene resins

LyondellBasell is one of the world’s largest plastics, chemicals, and refining companies and a leading global supplier of polypropylene. Their Hostacom portfolio of long fiber reinforced thermoplastics is widely used in automotive under-the-hood components, structural parts, and consumer applications due to its excellent mechanical properties and processing advantages.

Innovation & Market Position:

• Pioneer in polypropylene technology and catalyst systems

• Global production capacity exceeding 10 million metric tons of polyolefins

• Strong R&D focus on circular economy solutions, including recycled-content LFT PP grades

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9️⃣ 2. Borealis AG

Headquarters: Vienna, Austria
Key Offering: Fibremod LFT PP compounds, Daplen engineered plastics

Borealis is a leading provider of innovative solutions in the fields of polyolefins, base chemicals, and fertilizers. Their Fibremod long fiber reinforced polypropylene compounds are engineered for high stiffness, impact strength, and thermal resistance, making them ideal for demanding automotive and industrial applications across Europe and Asia.

Innovation & Market Position:

• Extensive portfolio of LFT PP grades tailored for specific performance requirements

• Strategic partnerships with automotive OEMs for lightweighting solutions

• Commitment to sustainability with borcycle™ recycled polyolefins integration

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8️⃣ 3. RTP Company

Headquarters: Winona, Minnesota, USA
Key Offering: Custom LFT PP compounds, specialty thermoplastics

RTP Company is a global compounder of engineered thermoplastics, renowned for its customized solutions. The company offers a wide range of long fiber reinforced polypropylene compounds that can be tailored with specific fiber types, lengths, and additive packages to meet unique customer application challenges, particularly in North America.

Innovation & Market Position:

• Expertise in custom compounding with glass, carbon, and hybrid fiber reinforcements

• Global manufacturing footprint with technical support centers worldwide

• Focus on high-performance applications in automotive, electrical, and industrial sectors

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7️⃣ 4. Kingfa Sci. & Tech. Co., Ltd.

Headquarters: Guangzhou, China
Key Offering: Kingfa LFT PP, modified plastics

Kingfa Science & Technology is China’s leading manufacturer of modified plastics and a major global player. The company produces a comprehensive range of LFT PP materials that support the country’s massive automotive, appliance, and electronics manufacturing industries, combining global technology with local production advantages.

Innovation & Market Position:

• Dominant market position in the Asia-Pacific region

• Strong integration from raw materials to compound production

• Rapid expansion of production capacity to meet growing domestic and international demand

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Global LFT PP Market – View in Detailed Research Report

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6️⃣ 5. Sumitomo Chemical Company

Headquarters: Tokyo, Japan
Key Offering: Sumika Super LFT PP compounds, engineering plastics

Sumitomo Chemical is a diversified chemical company with a strong presence in advanced materials. Their Sumika Super long fiber reinforced polypropylene offers exceptional mechanical properties and is widely used by Japanese automotive manufacturers for structural components, instrument panels, and exterior parts, benefiting from Japan’s reputation for high-quality materials.

Innovation & Market Position:

• Technological leadership in high-performance polymer composites

• Strong R&D capabilities focused on next-generation lightweight materials

• Strategic focus on sustainable solutions and circular economy initiatives

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5️⃣ 6. Mitsui Chemicals, Inc.

Headquarters: Tokyo, Japan
Key Offering: Tafmer LFT PP modifiers, polyolefin compounds

Mitsui Chemicals is a global chemical company offering a diverse range of products. While known for its Tafmer elastomers and modifiers that enhance polypropylene performance, the company also supplies advanced composite materials, including LFT PP, for automotive lightweighting and durable goods applications, leveraging its strong technical expertise in polymer science.

Innovation & Market Position:

• Integration across the polyolefins value chain

• Development of high-flow, high-impact LFT PP grades for complex moldings

• Active in developing bio-based and recycled material solutions

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4️⃣ 7. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: SABIC LNP™ LFT PP compounds, polypropylene resins

SABIC is a global leader in diversified chemicals and a major producer of polypropylene. The company’s LNP™ portfolio of long fiber reinforced thermoplastics includes specialized LFT PP grades designed for exceptional mechanical performance, which are used globally in automotive, consumer electronics, and building applications.

Innovation & Market Position:

• Global reach with strong positions in Europe, Asia, and the Americas

• Focus on innovative applications through customer collaboration

• Commitment to sustainability with TRUCIRCLE™ solutions for circular polymers

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3️⃣ 8. Lanxess AG

Headquarters: Cologne, Germany
Key Offering: Pocan LFT composites, Tepex continuous-fiber composites

Lanxess is a leading specialty chemicals company with a strong focus on high-performance materials. While renowned for its engineering plastics, the company also offers LFT PP compounds and, significantly, the advanced Tepex brand of continuous fiber reinforced thermoplastic composites, which provide ultra-high performance for demanding structural applications, primarily in the European automotive sector.

Innovation & Market Position:

• Technology leader in continuous fiber reinforced thermoplastics

• Strong application development expertise, especially in automotive lightweighting

• Focus on hybrid composites combining short and continuous fibers

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2️⃣ 9. Asahi Kasei Corporation

Headquarters: Tokyo, Japan
Key Offering: Thermolite LFT PP, Xyron engineering plastics

Asahi Kasei is a diversified Japanese chemical company with a strong materials division. The company produces high-performance LFT PP under the Thermolite brand, which is valued for its excellent balance of rigidity, impact strength, and heat resistance, serving leading automotive manufacturers and electronics producers, particularly in Asia.

Innovation & Market Position:

• Strong technological foundation in polymer modification

• Focus on high-quality, consistent materials for critical applications

• Expanding global presence to serve international customers

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1️⃣ 10. PlastiComp, Inc.

Headquarters: Winona, Minnesota, USA
Key Offering: Complēt LFT PP compounds, long fiber reinforced thermoplastics

PlastiComp is a specialized technical compounder focused exclusively on long fiber reinforced thermoplastic (LFRT) technologies. The company’s Complēt LFT PP compounds are known for their superior mechanical properties and are used in a wide range of applications from automotive and sporting goods to industrial and marine sectors, with a strong presence in the North American market.

Innovation & Market Position:

• Specialist in long fiber technology with deep application expertise

• Capabilities in compounding with glass, carbon, and sustainable reinforcements

• Focus on providing technical solutions for challenging performance requirements

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🌍 Outlook: The Future of LFT PP Is Lighter and Smarter

The LFT PP market is undergoing a significant transformation. As the demand for lightweighting intensifies across industries and sustainability becomes a core business imperative, manufacturers are investing in advanced composite technologies, bio-based reinforcements, and circular material solutions. The future of LFT PP lies in its ability to replace heavier metals and more expensive engineering plastics in an ever-widening array of applications.

📈 Key Trends Shaping the Market:

• Accelerated adoption in electric vehicle (EV) battery trays, structural components, and interior parts to extend driving range

• Development of LFT PP grades with recycled content and bio-based reinforcements to meet circular economy goals

• Integration of digital manufacturing technologies and simulation tools to optimize part design and performance

• Expansion into new application areas such as renewable energy, drones, and advanced consumer electronics

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The companies listed above are not only supplying essential materials—they are driving the innovation engine that enables lighter, stronger, and more sustainable products across the global economy.