Organosheet Market by Fiber Type (Aramid Fibers, Carbon Fibers, Glass Fibers), Application (Aerospace, Automotive, Consumer Goods), End-User - Global Forecast 2024-2030

Organosheet Market by Fiber Type (Aramid Fibers, Carbon Fibers, Glass Fibers), Application (Aerospace, Automotive, Consumer Goods), End-User - Global Forecast 2024-2030

The Organosheet Market size was estimated at USD 666.95 million in 2023 and expected to reach USD 736.98 million in 2024, at a CAGR 11.19% to reach USD 1,402.17 million by 2030.

Organosheets are fiber-reinforced thermoplastic composite sheets widely recognized for their remarkable mechanical properties and lightweight. These materials are extensively used in various industries, including automotive, aerospace, construction, and sports equipment, for applications that require robust, durable, and lightweight solutions. Organosheets are predominantly used in the production of lightweight components for vehicles and aircraft to enhance fuel efficiency and reduce carbon emissions. In the construction sector, they find applications in facade elements and interior design, owing to their strength and aesthetic appeal. The sports industry utilizes organosheets for creating high-performance gear, such as bicycles and skiing equipment. The organosheets market is growing due to increasing demand for organosheets from aerospace applications, growing usage of lightweight materials from the automotive industry, and stricter environmental laws worldwide to push lighter and more fuel-efficient transportation alternatives. However, the adoption of organosheets is hindered by high costs associated with processing and manufacturing and concerns associated with the need for specialized equipment and skills for handling organosheets. On the other hand, expanding demand for electric vehicles (EV) globally and ongoing advancements in bio-based and recyclable organosheet materials open new avenues for the organosheet market.

Regional Insights

The United States is at the forefront of innovation within the organosheet sector, with numerous companies investing in new technologies to improve product performance. Consumer demand is primarily driven by the aerospace and automotive industries seeking lightweight, strong materials for increased efficiency. The South American market for organosheets is gradually expanding, with Brazil paving the way. The growth can be driven by the growing interest in sustainable and lightweight materials within the transportation and construction industries. Europe is a significant market for organosheets, with a robust emphasis on sustainability and environmental regulations driving demand. The automotive and aerospace sectors are the primary users, aiming to reduce the carbon footprint and enhance fuel efficiency using advanced composite materials. The organosheet market in the Middle East and Africa is in the nascent stages but is expected to grow due to the expanding automotive and construction industries. The APAC region exhibits the fastest growth in the organosheet market, with China, Japan, and South Korea being the frontrunners. The growth is propelled by the booming automotive, electronics, and construction industries demanding high-performance materials. Japan's organosheet market is characterized by high-end applications in the automotive and electronics sectors, with companies prioritizing performance and quality. India is experiencing rapid growth in the organosheet sector, with increased demand from the automotive, aerospace, and sporting goods industries.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Organosheet Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Increasing demand for organicsheets from aerospace applications
Growing usage of lightweight materials from the automotive industry
Stricter environmental laws worldwide to push lighter and more fuel-efficient transportation alternatives

Market Restraints

High cost associated with processing and manufacturing

Market Opportunities

Expanding demand for electric vehicles (EV) globally
Ongoing advancements in bio-based and recyclable organosheet materials

Market Challenges

Concerns associated with the need for specialized equipment and skills for handling organosheet

Market Segmentation Analysis

Fiber Type: Increasing preference for carbon fibers for their high stiffness, strength, and lightweight properties
Application: Expanding application of organosheets in automotive and electronics industry

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Organosheet Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Organosheet Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Johns Manville Showcases Novel Neomera PA-6 Organosheets at JEC World 2023

Johns Manville presented its advanced PA-6 Neomera® organosheets at the prestigious JEC World International Trade Show. These cutting-edge organosheets distinguish themselves through their exceptional mechanical attributes, primarily due to the innovative liquid impregnation process that ensures superior adhesion of glass fibers within the resin matrix.

Valeo presents its composite solutions at JEC World 2023

Valeo showcased its pioneering composite solutions at JEC World 2023, marking its third consecutive appearance at the foremost trade show for composites. In its commitment to innovation and sustainability, Valeo is focused on reducing its carbon footprint, aiming for carbon neutrality by 2050. A vital part of this strategy involves leveraging organosheets, a high-performance composite, promising an average CO2eq reduction of 50% and a 12% weight saving.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Organosheet Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Organosheet Market, highlighting leading vendors and their innovative profiles. These include Avient Corporation, Crossfire S.R.L., DYNAmore GmbH by ANSYS, Inc., Ensinger GmbH, FRIMO Innovative Technologies GmbH, Gividi Fabrics S.r.l., Haufler Composites GmbH & Co.KG., Jiangsu Qiyi Technology Co., Ltd., Johns Manville, Kingfa Sci.&Tech. Co.,Ltd., Kordsa Teknik Tekstil A.Ş., Manna Green Momentum, Maru Hachi Corporation, Mitsubishi Chemical Group Corporation, Oribi Composites, Porcher Industries, Profol GmbH, SGL Carbon SE, Toray TCAC Holding B.V, and VALEO.

Market Segmentation & Coverage

This research report categorizes the Organosheet Market to forecast the revenues and analyze trends in each of the following sub-markets:

Fiber Type
Aramid Fibers
Carbon Fibers
Glass Fibers
Natural Fibers
Application
Aerospace
Automotive
Consumer Goods
Electrical & Electronics
End-User
Aftermarket
Original Equipment Manufacturers
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year