The Global Long Fiber Thermoplastic Polypropylene (LFT PP) Market was valued at USD 6.1 Billion in 2025 and is projected to reach USD 10.5 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period (2024–2030). This robust growth is primarily driven by the automotive industry’s relentless pursuit of lightweighting for improved fuel efficiency and electrification, alongside increasing adoption in consumer goods and construction for durable, high-performance components.

As industries worldwide shift towards sustainable, lightweight materials, the demand for advanced composites like LFT PP is accelerating. These materials offer an optimal balance of strength, stiffness, and impact resistance, making them indispensable for modern manufacturing. In this blog, we profile the Top 10 Companies in the LFT PP Industry—a group of global polymer giants and specialty compounders shaping the future of material science.

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🔟 1. LyondellBasell Industries N.V.

Headquarters: Houston, Texas, USA
Key Offering: Hostacom LFT PP grades, Custom Compounding Services

LyondellBasell is one of the world’s largest plastics, chemicals, and refining companies and a leading global supplier of polypropylene. Its Hostacom portfolio of long fiber reinforced thermoplastics is widely used in automotive under-the-hood applications, structural components, and consumer durables, known for excellent mechanical properties and processability.

Innovation Initiatives:

• Development of high-flow LFT grades for complex thin-walled parts

• Focus on recyclable and sustainable material solutions

• Global production network ensuring supply chain resilience

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9️⃣ 2. Borealis AG

Headquarters: Vienna, Austria
Key Offering: Fibremod LFT PP, Daplen™ engineered materials

Borealis is a leading provider of innovative solutions in the fields of polyolefins and base chemicals. Its Fibremod LFT PP compounds are engineered for high-stiffness and high-impact applications, particularly in the automotive sector for front-end carriers, instrument panel supports, and door modules.

Innovation Initiatives:

• Advanced nucleation technology for enhanced crystallization and properties

• Strong commitment to circular economy through mechanical and chemical recycling projects

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8️⃣ 3. RTP Company

Headquarters: Winona, Minnesota, USA
Key Offering: Custom LFT PP Compounds, Specialty Additive Masterbatches

RTP Company is a global compounder of engineered thermoplastics, specializing in custom solutions. The company offers a wide range of LFT PP grades reinforced with glass, carbon, or other fibers, tailored to meet specific customer requirements for strength, thermal performance, and regulatory compliance.

Innovation Initiatives:

• Expertise in tailoring compounds for specific processing methods (e.g., D-LFT, GMT)

• Global technical support and manufacturing footprint

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7️⃣ 4. Kingfa Science & Technology Co., Ltd.

Headquarters: Guangzhou, China
Key Offering: Comprehensive LFT PP portfolio for Automotive and E&E

Kingfa is one of Asia’s largest and most technologically advanced modified plastics producers. The company has a strong focus on LFT PP for the rapidly growing Chinese automotive market, providing cost-effective, high-performance alternatives to traditional materials like metal and short-fiber composites.

Innovation Initiatives:

• Significant R&D investment in new material formulations

• Strategic partnerships with major automotive OEMs in China and globally

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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: Sumikaplan LFT PP, Sumika Super LFT

Sumitomo Chemical is a major Japanese chemical company with a diverse portfolio, including high-performance polymers. Its LFT PP products are renowned for their excellent surface appearance, high rigidity, and good weld-line strength, making them ideal for visible automotive parts and demanding technical applications.

Innovation Initiatives:

• Development of low-warpage and high-gloss LFT grades

• Integration of sustainable raw materials into product lines

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5️⃣ 6. Mitsui Chemicals, Inc.

Headquarters: Tokyo, Japan
Key Offering: Tafnex LFT PP compounds

Mitsui Chemicals is a global chemical leader offering a wide array of products, including its Tafnex line of long fiber reinforced thermoplastic composites. These materials are extensively used in automotive structural components, sporting goods, and industrial applications where high strength-to-weight ratio is critical.

Innovation Initiatives:

• Focus on hybrid composites combining different fiber types for optimized performance

• Active in developing materials for battery housings in electric vehicles

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4️⃣ 7. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: STAMAX LFT PP resin

SABIC is a global leader in diversified chemicals and a major producer of polypropylene. Its STAMAX brand of long glass fiber reinforced polypropylene is a benchmark material in the automotive industry, used for large, structural components such as front-end modules, underbody shields, and seat structures.

Innovation Initiatives:

• Pioneering the use of certified renewable feedstocks for LFT PP production

• Investment in advanced compounding technologies for superior fiber impregnation

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3️⃣ 8. Lanxess AG

Headquarters: Cologne, Germany
Key Offering: Pocan AF (LFT) series, Tepex continuous fiber reinforced thermoplastics

While renowned for its engineering plastics, Lanxess offers specialized LFT compounds and related technologies. The company’s expertise in high-performance materials translates into LFT PP solutions that meet stringent automotive and electrical/electronic specifications for heat resistance and mechanical durability.

Innovation Initiatives:

• Integration of LFT with continuous fiber reinforcement for hybrid designs

• Focus on flame-retardant grades for E&E applications

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2️⃣ 9. Asahi Kasei Corporation

Headquarters: Tokyo, Japan
Key Offering: Xyron LFT改性PP (Modified PP)

Asahi Kasei is a diversified Japanese chemical company with a strong materials division. It produces high-quality LFT PP designed for excellent impact resistance and stiffness, catering primarily to the Japanese and Asian automotive markets for components that require high durability and dimensional stability.

Innovation Initiatives:

• Development of materials resistant to chemicals and fuels

• Collaborative development with customers for application-specific solutions

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1️⃣ 10. PlastiComp, Inc.

Headquarters: Winona, Minnesota, USA
Key Offering: Complēt LFT pellets, Direct-LFT (D-LFT) technology

PlastiComp is a specialized compounder focused exclusively on long fiber reinforced thermoplastics. The company is a technology leader, offering both standard pellet products and pioneering the D-LFT process, which allows for on-site compounding of extremely long fibers for ultimate performance in large parts.

Innovation Initiatives:

• Leadership in D-LFT and hybrid molding technologies

• Development of LFT compounds using recycled PP and bio-based reinforcements

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Global LFT PP Market – View in Detailed Research Report

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🌍 Outlook: The Future of LFT PP is Smarter, Lighter, and More Sustainable

The LFT PP market is at a pivotal point, evolving from a specialty material to a mainstream engineering solution. The ongoing transition in the automotive sector towards electric vehicles (EVs) and the general trend towards lightweighting across industries are creating unprecedented growth opportunities.

📈 Key Trends Shaping the Market:

• Electrification of Automotive: LFT PP is crucial for battery enclosures, structural supports, and non-critical brackets in EVs, where weight reduction directly extends driving range.

• Sustainability and Circularity: Growing demand for LFT PP grades incorporating post-consumer recycled (PCR) content and bio-based materials to meet corporate sustainability goals.

• Hybrid Technologies: Increased use of LFT PP in combination with continuous fiber reinforcements or overmolding techniques to create parts with localized high strength.

• Process Innovation: Advancements in Direct Long Fiber Thermoplastic (D-LFT) and other in-line compounding processes that reduce costs and allow for more design flexibility.

The companies profiled above are not just supplying materials; they are enabling the next generation of lightweight, durable, and sustainable products across the globe.

Get Full Report Here:
Global LFT PP Market – View in Detailed Research Report