세계의 열압성형 시장 예측 : 제품별, 재료 유형별, 프로세스 유형별, 용도별, 최종 사용자별, 지역별 분석(-2030년)

According to Stratistics MRC, the Global Thermo Compression Forming Market is accounted for $11.0 billion in 2024 and is expected to reach $15.6 billion by 2030 growing at a CAGR of 6.0% during the forecast period. Thermo Compression Forming is a manufacturing method that includes heating thermoplastic materials until they become malleable, then shaping them into the appropriate shapes with pressure and heat. By combining aspects of compression molding and thermoforming, this method produces intricate geometries with excellent surface quality and accuracy. It is extensively utilized to produce strong, lightweight components in sectors including consumer goods, automotive, and aerospace.

According to the US Energy Information Administration, the electric car market reported robust growth, with over 14 million sales in 2023.

Market Dynamics:

Driver:

Increased Demand for Lightweight Materials

Industries such as automotive and aerospace are driving increased demand for lightweight materials in order to enhance fuel economy and perform better. Because thermo compression forming technique makes it possible to produce lightweight, high-strength composite components, this development has a favorable effect on the market. The use of thermal compression forming is increasing as producers place a higher priority on sustainability and legal compliance. This change not only improves product performance but also places the market at the forefront of developing cutting-edge, environmentally friendly production techniques.

Restraint:

High Initial Investment

Large initial investments in modern thermal compression forming technology may dissuade smaller producers from joining the industry. Market expansion is slowed down and competition is restricted by this cost barrier. Furthermore, existing businesses could have to spend a lot of money on modifications, which would affect their profitability. Therefore, even if the technology has many advantages, the initial expenses may prevent the sector from adopting it widely and from innovating.

Opportunity:

Technological Advancements

Technological developments in the market for thermo compression forming improve production's accuracy, adaptability, and efficiency. Manufacturers can now generate complicated geometries with shorter cycle times and lower prices thanks to innovations like automation, better heating techniques, and sophisticated material formulas. These advancements make thermo compression forming more appealing for a wider variety of uses, including as packaging, automotive, and aerospace. As technology advances, it stimulates creativity, broadens capabilities, and satisfies the growing need for robust and lightweight components, all of which propel market expansion.

Threat:

Material Limitations

The market for thermo compression forming is greatly impacted by material restrictions since not all materials are able to withstand the high temperatures and pressures required for the process. This limits the variety of materials that manufacturers may use, which in turn limits the possibility of creative product designs and a wide range of applications. Because of this, businesses could find it difficult to satisfy certain client needs, which would impede market expansion and lower competitiveness.

Covid-19 Impact:

The COVID-19 pandemic disrupted the Thermo Compression Forming market by causing supply chain interruptions and production delays. However, it also accelerated demand for lightweight materials in medical equipment and packaging, fostering innovation. As industries adapted to new health regulations and shifted towards sustainable practices, the market began to recover, highlighting the importance of resilience and flexibility in manufacturing processes.

The vacuum forming segment is expected to be the largest during the forecast period

The vacuum forming segment is expected to be the largest during the forecast period because improved resource use, waste reduction, and production cost reduction are made possible by this method. Vacuum forming enhances thermal compression methods as businesses look for strong and lightweight components, especially for packaging and automotive applications. Rapid and cost-effective production of complex, customized components increases design flexibility and shortens time-to-market, which spurs innovation and competition in the thermo compression forming industry.

The packaging products segment is expected to have the highest CAGR during the forecast period

The packaging products segment is expected to have the highest CAGR during the forecast period because this manufacturing technique reduces material waste while producing sturdy, lightweight packing solutions. Businesses are using thermoformed packaging more and more to lessen their environmental impact as eco-conscious customer demands increase. The market's need for creative and effective packaging solutions is ultimately driven by thermoformed packaging's adaptability, which guarantees compatibility with a variety of product forms, enhances shelf appeal, and lowers transportation costs.

Region with largest share:

North America is projected to hold the largest market share during the forecast period due to rising consumer demand for eco-friendly products and energy-saving techniques, which Thermo Compression Forming satisfies. Technological developments also increase manufacturing efficiency and speed, which draws in capital and creativity. The market supports North America's economic expansion, job development, and environmental sustainability as companies embrace this technology more and more.

Region with highest CAGR:

Asia Pacific is projected to witness the highest CAGR over the forecast period because rapid industrialization and increasing demand for lightweight materials in automotive, aerospace, and consumer goods sectors. This technology enables the production of complex, high-strength composite parts, enhancing performance and fuel efficiency. Moreover, the region's focus on sustainability has led to a surge in demand for eco-friendly manufacturing processes, aligning with global trends. As local manufacturers adopt advanced thermoforming technologies, the market fosters innovation and contributes to economic development.

Key players in the market

Some of the key players in Thermo Compression Forming Market include BASF SE, Celanese Corporation, Core Molding Technologies, Covestro AG, Engineered Plastic Products Inc., Ensinger GmbH, Flextech, Inc, Formed Solutions, Gurit Holding AG, Hexcel Corporation, Janco, Inc., Lanxess AG, Mitsubishi Chemical Group, Present Advanced Composites Inc., Ray Products Company Inc., RTP Company, SGL Carbon SE, Solvay S.A., TenCate Advanced Composites and Toray Advanced Composites.

Key Developments:

In August 2024, BASF has signed a Memorandum of Understanding (MoU) with UPC Technology Corporation (UPC), to foster long-term regional cooperation, focusing on development of sustainable solutions to reduce carbon emissions from operations and products.

In March 2024, Celanese Corporation and Secarna Pharmaceuticals GmbH & Co. KG, announced a research collaboration for the development of long-acting implants that deliver antisense oligonucleotides (ASOs).

Products Covered:

• Sheets and Films
• Foams
• Composites
• Molded Components
• Other Products

Material Types Covered:

• Thermoplastics
• Thermosets
• Other Material Types

Process Types Covered:

• Compression Molding
• Vacuum Forming
• Thermoforming with Reinforced Materials
• Other Process Types

Applications Covered:

• Structural Components
• Panels & Enclosures
• Packaging Products
• Protective Equipment
• Other Applications

End Users Covered:

• Automotive & Transportation
• Aerospace & Defense
• Electrical & Electronics
• Consumer Goods
• Healthcare & Medical
• Building & Construction
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Thermo Compression Forming Market, By Product

• 5.1 Introduction
• 5.2 Sheets and Films
• 5.3 Foams
• 5.4 Composites
• 5.5 Molded Components
• 5.6 Other Products

6 Global Thermo Compression Forming Market, By Material Type

• 6.1 Introduction
• 6.2 Thermoplastics
  • 6.2.1 Polyethylene (PE)
  • 6.2.2 Polypropylene (PP)
  • 6.2.3 Acrylonitrile Butadiene Styrene (ABS)
  • 6.2.4 Polycarbonate (PC)
  • 6.2.5 Nylon
  • 6.2.6 Polyvinyl Chloride (PVC)
• 6.3 Thermosets
  • 6.3.1 Epoxy Resins
  • 6.3.2 Phenolic Resins
  • 6.3.3 Polyurethane
• 6.4 Other Material Types

7 Global Thermo Compression Forming Market, By Process Type

• 7.1 Introduction
• 7.2 Compression Molding
• 7.3 Vacuum Forming
• 7.4 Thermoforming with Reinforced Materials
• 7.5 Other Process Types

8 Global Thermo Compression Forming Market, By Application

• 8.1 Introduction
• 8.2 Structural Components
• 8.3 Panels & Enclosures
• 8.4 Packaging Products
• 8.5 Protective Equipment
• 8.6 Other Applications

9 Global Thermo Compression Forming Market, By End User

• 9.1 Introduction
• 9.2 Automotive & Transportation
• 9.3 Aerospace & Defense
• 9.4 Electrical & Electronics
• 9.5 Consumer Goods
• 9.6 Healthcare & Medical
• 9.7 Building & Construction
• 9.8 Other End Users

10 Global Thermo Compression Forming Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 BASF SE
• 12.2 Celanese Corporation
• 12.3 Core Molding Technologies
• 12.4 Covestro AG
• 12.5 Engineered Plastic Products Inc.
• 12.6 Ensinger GmbH
• 12.7 Flextech, Inc
• 12.8 Formed Solutions
• 12.9 Gurit Holding AG
• 12.10 Hexcel Corporation
• 12.11 Janco, Inc.
• 12.12 Lanxess AG
• 12.13 Mitsubishi Chemical Group
• 12.14 Present Advanced Composites Inc.
• 12.15 Ray Products Company Inc.
• 12.16 RTP Company
• 12.17 SGL Carbon SE
• 12.18 Solvay S.A.
• 12.19 TenCate Advanced Composites
• 12.20 Toray Advanced Composites