The report “Organosheet Market by Fiber Type (Carbon Fiber, Glass Fiber), Resin Type (PA, PP, PC, PEEK), Application (Aerospace & Defense, Transportation, Sports & Leisure, Construction), & Region (North America, APAC, Europe, MEA) – Global Forecast to 2028″, is estimated at USD 0.6 billion in 2023 and is projected to reach USD 1.0 billion by 2028, at a CAGR of 12.0% from 2023 to 2028. The growth of the organ sheet market is being driven by a few factors, including increasing demand from aerospace applications, extensive use of composites in the construction industry, high durability and fatigue resistance, and increasing demand for lightweight materials from the automotive industry. The high processing and manufacturing cost of organosheets could hinder market growth. The high demand for organ sheets from electric vehicles and the cost reduction of carbon fiber composites have boosted the organ sheet market.
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- 191 Market Data Tables
- 60 Figures
- 228 Pages and in-depth TOC on “Organosheet Market – Global Forecast to 2028”
Some of the prominent key players are:
· Ensinger (Germany)
· Toray Industries Inc. (Japan)
· Johns Manville (US)
· Haufler Composites (Germany)
· SGL Carbon SE (Germany)
· Profol GmbH (Germany)
· Lanxess AG (Germany)
· Porcher Industries (Germany)
· Kingfa Science & Technology Co. Ltd. (China)
· Mitsubishi Chemical Group Corporation (Japan)
· Teijin Limited (Japan)
· Avient Corporation (US)
· Kordsa Teknik Tekstil A.S. (Turkiye)
· BUFA(Germany)
· SABIC (Saudi Arabia)
Driver: High durability and fatigue resistance
Thermoplastic organosheets offer durability due to their high resistance to the environment and fatigue. The thermoplastic organ sheet is lighter than traditional thermoset composite prepregs. The weight advantage of thermoplastic organosheets can be attributed to their inherent characteristics, such as lower density and the ability to form thinner and lighter structures, making them suitable for aerospace, automotive, and sports equipment applications.
Based on fiber type, carbon fiber is anticipated to register the highest CAGR in the organ sheet market.
Carbon fiber organosheets are composite materials of lightweight carbon fibers embedded in a thermoplastic matrix, usually a high-performance polymer such as PEEK, PPS, or PEI. Compared to traditional materials and other organ sheet types, they boast a unique blend of properties that make them highly desirable across automotive, sports, and leisure applications.
Europe to hold the largest market share during the forecast period.
Strict regulations such as the EU Green Deal force automakers to lighten their vehicles, which is increasing the adoption of organ sheets that provide high strength-to-weight ratios by automobile manufacturers to build automotive parts. Beyond automobiles, the sports and leisure sector and electric mobility solutions are adopting organ sheets for battery enclosures, interior parts, kayaks, and other applications. Germany is at the forefront of the pack with its large automotive industry, stringent green legislation, and aggressive recycling ambitions. Despite ongoing Brexit worries, the UK follows closely with similar environmental ambitions and a strong electric vehicle sector.
