熱圧縮成形市場 – 2029年までの世界予測

Thermo Compression Forming Market - Global Forecast to 2029

熱圧縮成形市場 - フォームタイプ(熱可塑性フォーム、ニードルパンチ不織布、軽量ガラスマット熱可塑性樹脂)、最終用途産業(自動車、航空宇宙、建設、医療、電気・電子) - 2029年までの世界予測
Thermo Compression Forming Market by Foam Type (Thermoplastic Foam, Needle-Punch Nonwovens, Light Weight Glass Mat Thermoplastic), End-use Industry (Automotive, Aerospace, Construction, Medical, Electrical & Electronics) - Global Forecast to 2029
出版社MarketsandMarkets
出版年月2024年9月
ページ数261
図表数299
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The Thermo Compression Forming Market size is projected to reach USD 13.37 billion by 2029 at a CAGR of 4.0% from USD 11.00 billion in 2024.

熱圧縮成形市場規模は、2024年の110億米ドルから4.0%のCAGRで2029年までに133億7000万米ドルに達すると予測されています。

North America is estimated to account for the largest share in terms of value of the thermo compression forming market in 2024.

熱圧縮成形市場 - 2029年までの世界予測
Thermo Compression Forming Market – Global Forecast to 2029

Thermo compression forming techniques offers lightweight and durable components for various industrial applications due to their unique properties such as durability, flexibility, and excellent thermal resistance. Thermo compression forming techniques are advantageous to the automotive industry because these techniques are used to make lightweight parts like bumpers and body panels that improve performance and fuel efficiency. Industrialization and urbanization drive demand across sectors like automotive, aerospace, construction, and medical, the market for thermo compression forming expands correspondingly. Additionally, ongoing infrastructural development projects, particularly in regions like North America, drive demand for thermo compression forming market in construction applications.

“The US, by country is forecasted to be the fastest growing thermo  compression forming market  during the forecast period.”

Because of the advanced manufacturing sector and expanding demand for high-performance composite materials across multiple industries, the US is quickly emerging as the thermo compression forming market with the highest growth rate. Thermo compression forming is an affordable way to produce intricate parts with high precision, meeting the demands of the US automotive, aerospace, and electronics industries for lighter, stronger, and more efficient components. The US possesses a strong research and development infrastructure that propels advancements in thermo compression technology and materials. The need for thermo compression forming, which can use resources efficiently and reduce waste, is further driven by the increased emphasis on sustainability and lowering manufacturing costs. This confluence of market demand, technology development, and supportive policies positions the US as a leader in this manufacturing segment.

熱圧縮成形市場 - 2029年までの世界予測 ecosystem
Thermo Compression Forming Market – ecosystem

“Europe is likely to account for the second largest share of thermo compression forming market in terms of value.”

A combination of factors driving demand in the region is making Europe the second largest expanding market for thermo compression forming. The thermo compression forming processes are being used more often by the automotive and aerospace industries, two important sectors in Europe, to produce lightweight, high-strength composite parts that improve performance and fuel efficiency. Since thermo compression forming complies with the requirements for lower emissions and material waste, this trend is further fueled by Europe’s strict environmental legislation and the drive towards sustainable manufacturing processes. The region’s potential for expansion is further enhanced by its well-established infrastructure and technological advancements in composite materials. As European manufacturers seek to leverage these benefits for competitive advantage, the adoption of thermo compression forming technologies is accelerating, positioning Europe as a significant player in this expanding market.

Interviews:

  • By Company Type: Tier 1 – 46%, Tier 2 – 36%, and Tier 3 – 18%
  • By Designation: C Level – 21%, D Level – 23%, and Others – 56%
  • By Region: North America – 37%, Europe – 23%, Asia Pacific – 26%, Middle East & Africa – 10% and South America – 4%
熱圧縮成形市場 - 2029年までの世界予測 region
Thermo Compression Forming Market – region

The key companies profiled in this report are FLEXTECH (US), Janco, Inc. (US), Formed Solutions (US), Core Molding Technologies (US), UFP Technologies Inc., and Ray Products Company Inc.

Research Coverage:

The thermo compression forming market has been segmented based on foam type (Thermoplastic Foam, Needle-Punch Nonwovens, and  Light Weight Glass Mat Thermoplastic), End-use Industry (Automotive, Construction, Aerospace, Medical, Electrical & Electronics, and Other End-use Industries) and by Region (Asia Pacific, North America, Europe, Middle East & Africa, and South America).

This report provides insights on the following pointers:

  • Analysis of key drivers, restraints, opportunities, and challenges influencing the growth of the thermo compression forming market.
  • Product Development/Innovation: Detailed insight into upcoming technologies, research & development activities, and new product launches in the thermo compression forming market.
  • Market Development: Comprehensive information about markets – the report analyses the thermo compression forming market across varied regions.
  • Market Diversification: Exclusive information about the new products & services untapped geographies, recent developments, and investments in the thermo compression forming market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like FLEXTECH (US), Janco, Inc. (US), Formed Solutions (US), and Core Molding Technologies (US) among other in the thermo compression forming market.

Table of Contents

1            INTRODUCTION            25

1.1         STUDY OBJECTIVES      25

1.2         MARKET DEFINITION   25

1.3         STUDY SCOPE  26

1.3.1      MARKETS COVERED     26

1.3.2      INCLUSIONS AND EXCLUSIONS 27

1.3.3      YEARS CONSIDERED     29

1.3.4      CURRENCY CONSIDERED          30

1.3.5      UNITS CONSIDERED     30

1.4         STAKEHOLDERS            30

2            RESEARCH METHODOLOGY     31

2.1         RESEARCH DATA           31

2.1.1      SECONDARY DATA       32

2.1.1.1   Key data from secondary sources     32

2.1.2      PRIMARY DATA 32

2.1.2.1   Key data from primary sources         33

2.1.2.2   Breakdown of primaries     33

2.1.2.3   Key primary participants    34

2.1.2.4   Key industry insights          34

2.2         MARKET SIZE ESTIMATION       35

2.2.1      BOTTOM-UP APPROACH           35

2.2.2      TOP-DOWN APPROACH             37

2.3         MARKET FORECAST      39

2.3.1      SUPPLY-SIDE FORECAST            39

2.3.2      DEMAND-SIDE FORECAST         39

2.4         FACTOR ANALYSIS        40

2.5         DATA TRIANGULATION             41

2.6         RESEARCH ASSUMPTIONS         42

2.7         RESEARCH LIMITATIONS           42

2.8         GROWTH FORECAST    43

2.9         RISK ASSESSMENT         43

3            EXECUTIVE SUMMARY 44

4            PREMIUM INSIGHTS      48

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN THERMO COMPRESSION FORMING MARKET        48

4.2         THERMO COMPRESSION FORMING MARKET, BY TYPE (VOLUME)              48

4.3         NORTH AMERICAN THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY AND COUNTRY (VOLUME)       49

4.4         THERMO COMPRESSION FORMING MARKET: DEVELOPED VS. DEVELOPING ECONOMIES (VOLUME)  49

4.5         THERMO COMPRESSION FORMING MARKET, BY COUNTRY (VOLUME)              50

5            MARKET OVERVIEW     51

5.1         INTRODUCTION            51

5.2         KEY PLASTIC PRODUCTION FIGURES   52

5.3         KEY EMERGING ECONOMIES VS. EU27 AND US  52

5.4         MARKET DYNAMICS     53

5.4.1      DRIVERS            53

5.4.1.1   Increasing demand for lightweight materials upscaling industrial growth 53

5.4.1.2   Pressing need for weight reduction in EVs     54

5.4.1.3   Technological advancements in manufacturing and process optimization 55

5.4.2      RESTRAINTS     56

5.4.2.1   Volatility in raw material prices        56

5.4.3      OPPORTUNITIES           56

5.4.3.1   Increasing demand for thermo compression forming in emerging economies              56

5.4.3.2   Pressing need for advanced composite materials in aerospace industry     57

5.4.4      CHALLENGES   58

5.4.4.1   Supply chain disruptions    58

5.5         PORTER’S FIVE FORCES ANALYSIS         59

5.5.1      THREAT OF NEW ENTRANTS    60

5.5.2      THREAT OF SUBSTITUTES         60

5.5.3      BARGAINING POWER OF BUYERS           60

5.5.4      BARGAINING POWER OF SUPPLIERS     60

5.5.5      INTENSITY OF COMPETITIVE RIVALRY 60

5.6         KEY STAKEHOLDERS AND BUYING CRITERIA    61

5.6.1      KEY STAKEHOLDERS IN BUYING PROCESS         61

5.6.2      BUYING CRITERIA         62

5.7         MACROECONOMIC OUTLOOK 63

5.7.1      INTRODUCTION            63

5.7.2      GDP TRENDS AND FORECAST  63

5.7.3      TRENDS IN GLOBAL CONSTRUCTION INDUSTRY           65

5.7.4      TRENDS IN GLOBAL AUTOMOTIVE INDUSTRY 65

5.8         VALUE CHAIN ANALYSIS            67

5.9         PRICING ANALYSIS        68

5.9.1      AVERAGE SELLING PRICE TREND, BY REGION  68

5.9.2      AVERAGE SELLING PRICE TREND, BY TYPE       69

5.9.3      AVERAGE SELLING PRICE TREND, BY END-USE INDUSTRY         70

5.9.4      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY         70

5.10       TRADE ANALYSIS          71

5.10.1    EXPORT SCENARIO (HS CODE 390950)  71

5.10.2    IMPORT SCENARIO (HS CODE 390950)  74

5.11       REGULATORY LANDSCAPE AND STANDARDS   77

5.11.1    REGULATIONS IMPACTING THERMO COMPRESSION FORMING BUSINESS          77

5.11.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          78

5.12       ECOSYSTEM ANALYSIS 79

5.13       TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       81

5.14       INVESTMENT AND FUNDING SCENARIO            82

5.15       PATENT ANALYSIS        83

5.15.1    METHODOLOGY           83

5.15.2    PUBLICATION TRENDS 84

5.15.3    JURISDICTION ANALYSIS           84

5.15.4    TOP APPLICANTS          85

5.16       TECHNOLOGY ANALYSIS           87

5.16.1    KEY TECHNOLOGIES    87

5.16.1.1 Polyurethane foam            87

5.16.1.2 Cross-linked polyethylene (XLPE) foam        87

5.16.1.3 Cross-linked polypropylene (XLPP) foam     87

5.16.1.4 Ethylene vinyl acetate (EVA)           87

5.16.2    COMPLIMENTARY TECHNOLOGIES      87

5.16.2.1 PET/Bicomponent PET blends       87

5.16.2.2 Natural fiber/PP blends     87

5.16.3    ADJACENT TECHNOLOGIES      88

5.16.3.1 Extrusion molding             88

5.16.3.2 Injection molding 88

5.17       IMPACT OF AI/GEN AI ON THERMO COMPRESSION FORMING MARKET              88

5.18       GLOBAL ECONOMIC SCENARIO AFFECTING MARKET GROWTH              89

5.18.1    RUSSIA–UKRAINE WAR 89

5.18.2    CHINA  89

5.18.2.1 Decreasing FDI cooling China’s growth trajectory       89

5.18.2.2 Environmental commitments           90

5.18.3    EUROPE             90

5.18.3.1 Energy crisis in Europe      90

5.18.4    CRISIS THREATENING GLOBAL TRADE 91

5.18.5    OUTLOOK FOR CHEMICAL INDUSTRY  92

5.18.6    OPEC+ EXTENDS OIL OUTPUT CUTS TILL 2025 93

5.19       CASE STUDY ANALYSIS 94

5.19.1    STAHLIN’S PRESS SUCCESS GOES WELL BEYOND DESIGN AND MANUFACTURING        94

5.19.2    INFLUENCE OF COMPRESSION MOLDING ON MECHANICAL AND TRIBOLOGICAL BEHAVIOR OF HYBRID POLYMER MATRIX COMPOSITES              94

5.19.3    STUDY OF COMPRESSION MOLDING METHOD FOR MANUFACTURING UHMWPE LINER             95

5.20       KEY CONFERENCES AND EVENTS, 2024–2025     96

6            THERMO COMPRESSION FORMING MARKET, BY TYPE 97

6.1         INTRODUCTION            98

6.2         THERMOPLASTIC FOAMS          101

6.2.1      EXPANDING AUTOMOTIVE SECTOR TO PROPEL DEMAND        101

6.2.2      POLYURETHANE FOAM             101

6.2.3      CROSS-LINKED POLYETHYLENE (XLPE) FOAM 102

6.2.4      CROSS-LINKED POLYPROPYLENE (XLPP) FOAM             103

6.2.5      ETHYL VINYL ACETATE (EVA) FOAM    104

6.2.6      OTHER THERMOPLASTIC FOAMS          104

6.3         NEEDLE-PUNCH NONWOVENS 113

6.3.1      HIGH USE IN VARIOUS APPLICATIONS DUE TO SEVERAL DISTINCTIVE CHARACTERISTICS TO BOOST MARKET GROWTH         113

6.3.2      PET/BICOMPONENT PET BLEND           114

6.3.3      PET/BICOMPONENT PET BLEND           115

6.3.4      OTHER NEEDLE-PUNCH NONWOVENS 116

6.4         LIGHTWEIGHT GLASS MAT THERMOPLASTIC (LWGMT)            121

6.4.1      ABILITY TO SIGNIFICANTLY REDUCE COMPONENT WEIGHT AND HIGH ACOUSTIC RESISTANCE TO BOOST DEMAND      121

7            THERMO COMPRESSION FORMING MARKET, BY END-USE INDUSTRY              124

7.1         INTRODUCTION            125

7.2         AUTOMOTIVE  128

7.2.1      BOOMING AUTOMOTIVE SECTOR TO DRIVE DEMAND 128

7.3         CONSTRUCTION            132

7.3.1      INCREASED URBANIZATION AND PROACTIVE GOVERNMENT-LED INVESTMENTS IN CONSTRUCTION ACTIVITIES TO DRIVE DEMAND     132

7.4         AEROSPACE      134

7.4.1      RISING PASSENGER TRAFFIC AND INCREASING JET DEMAND TO DRIVE MARKET 134

7.5         MEDICAL          136

7.5.1      INCREASING DISPOSABLE INCOME AND CHANGING CONSUMER PREFERENCES TO DRIVE MARKET         136

7.6         ELECTRICAL & ELECTRONICS  138

7.6.1      INCREASING DEMAND FOR HIGH-PERFORMANCE COMPONENTS TO FUEL MARKET GROWTH            138

7.7         OTHER END-USE INDUSTRIES  140

8            THERMO COMPRESSION FORMING MARKET, BY REGION          143

8.1         INTRODUCTION            144

8.2         ASIA PACIFIC    146

8.2.1      CHINA  153

8.2.1.1   Significant growth in sales and manufacturing of automobiles to drive demand              153

8.2.2      INDIA   153

8.2.2.1   Increasing infrastructure development and demand for energy-efficient materials to drive market    153

8.2.3      JAPAN  154

8.2.3.1   Increasing focus on enhancing reliability and durability of medical devices to fuel market growth     154

8.2.4      SOUTH KOREA 155

8.2.4.1   Developing aerospace industry and adoption of lightweight aircraft components to boost demand  155

8.2.5      REST OF ASIA PACIFIC  156

8.3         NORTH AMERICA          156

8.3.1      US         162

8.3.1.1   Expansion of medical sector to boost demand 162

8.3.2      CANADA            162

8.3.2.1   Increasing investments in construction industry to fuel demand 162

8.3.3      MEXICO             163

8.3.3.1   Rising investments in infrastructure, energy, and commercial construction projects to drive market     163

8.4         EUROPE             163

8.4.1      GERMANY         170

8.4.1.1   Increasing demand for advanced building insulation materials to drive market              170

8.4.2      UK         171

8.4.2.1   Increasing demand for lightweight, durable, and highly efficient materials to drive market   171

8.4.3      FRANCE             171

8.4.3.1   Innovations in medical sector to drive demand             171

8.4.4      SPAIN   172

8.4.4.1   Recovery of construction industry to increase demand 172

8.4.5      ITALY   172

8.4.5.1   Substantial growth in medical device industry to boost market growth     172

8.4.6      REST OF EUROPE           173

8.5         SOUTH AMERICA           173

8.5.1      BRAZIL 179

8.5.1.1   Booming consumer market to drive demand  179

8.5.2      ARGENTINA      180

8.5.2.1   Rising investments in healthcare infrastructure development and demand for high-end medical equipment to fuel market growth     180

8.5.3      REST OF SOUTH AMERICA         180

8.6         MIDDLE EAST & AFRICA             181

8.6.1      GCC COUNTRIES           187

8.6.1.1   Saudi Arabia        188

8.6.1.1.1 Increased investments in construction industry to propel demand            188

8.6.1.2   UAE      188

8.6.1.2.1 Expanding electronics industry to drive market            188

8.6.1.3   Rest of GCC countries       189

8.6.2      SOUTH AFRICA 190

8.6.2.1   Increasing production of new vehicles to drive market 190

8.6.3      REST OF MIDDLE EAST & AFRICA           190

9            COMPETITIVE LANDSCAPE       191

9.1         OVERVIEW        191

9.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2019–2024     191

9.3         MARKET SHARE ANALYSIS, 2023             192

9.3.1      RANKING ANALYSIS, 2023          194

9.4         REVENUE ANALYSIS, 2021–2023 195

9.5         COMPANY VALUATION AND FINANCIAL METRICS        196

9.6         BRAND/PRODUCT COMPARISON          197

9.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   198

9.7.1      STARS  198

9.7.2      EMERGING LEADERS    198

9.7.3      PERVASIVE PLAYERS     198

9.7.4      PARTICIPANTS 198

9.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023      200

9.7.5.1   Company footprint            200

9.7.5.2   End-use industry footprint 201

9.7.5.3   Region footprint  202

9.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          203

9.8.1      PROGRESSIVE COMPANIES       203

9.8.2      RESPONSIVE COMPANIES          203

9.8.3      DYNAMIC COMPANIES 203

9.8.4      STARTING BLOCKS       203

9.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             205

9.8.5.1   Detailed list of key startups/SMEs   205

9.8.5.2   Competitive benchmarking of key startups/SMEs        206

9.9         COMPETITIVE SCENARIOS        207

9.9.1      DEALS  207

9.9.2      EXPANSIONS    208

10          COMPANY PROFILES    209

10.1       KEY PLAYERS   209

10.1.1    FLEXTECH        209

10.1.1.1 Business overview 209

10.1.1.2 Products/Solutions/Services offered 209

10.1.1.3 Recent developments         212

10.1.1.3.1            Deals     212

10.1.1.4 MnM view           212

10.1.1.4.1            Key strengths/Right to win 212

10.1.1.4.2            Strategic choices  212

10.1.1.4.3            Weaknesses/Competitive threats     212

10.1.2    JANCO, INC.      213

10.1.2.1 Business overview 213

10.1.2.2 Products/Solutions/Services offered 213

10.1.2.3 Recent developments         214

10.1.2.3.1            Expansions          214

10.1.2.4 MnM view           214

10.1.2.4.1            Key strengths/Right to win 214

10.1.2.4.2            Strategic choices  214

10.1.2.4.3            Weaknesses/Competitive threats     214

10.1.3    INTERTECH PRODUCTS, INC.   215

10.1.3.1 Business overview 215

10.1.3.2 Products/Solutions/Services offered 215

10.1.3.3 Recent developments         216

10.1.3.3.1            Deals     216

10.1.3.4 MnM view           216

10.1.3.4.1            Key strengths/Right to win 216

10.1.3.4.2            Strategic choices  216

10.1.3.4.3            Weaknesses/Competitive threats     216

10.1.4    FORMED SOLUTIONS   217

10.1.4.1 Business overview 217

10.1.4.2 Products/Solutions/Services offered 217

10.1.4.3 MnM view           217

10.1.4.3.1            Key strengths/Right to win 217

10.1.4.3.2            Strategic choices  217

10.1.4.3.3            Weaknesses/Competitive threats     218

10.1.5    CORE MOLDING TECHNOLOGIES          219

10.1.5.1 Business overview 219

10.1.5.2 Products/Solutions/Services offered 220

10.1.5.3 MnM view           221

10.1.5.3.1            Key strengths/Right to win 221

10.1.5.3.2            Strategic choices  221

10.1.5.3.3            Weaknesses/Competitive threats     221

10.1.6    UFP TECHNOLOGIES, INC.         222

10.1.6.1 Business overview 222

10.1.6.2 Products/Solutions/Services offered 223

10.1.7    RAY PRODUCTS COMPANY INC.             224

10.1.7.1 Business overview 224

10.1.7.2 Products/Solutions/Services offered 224

10.1.8    ENGINEERED PLASTIC PRODUCTS INC.              225

10.1.8.1 Business overview 225

10.1.8.2 Products/Solutions/Services offered 225

10.1.9    PRESENT ADVANCED COMPOSITES INC.            226

10.1.9.1 Business overview 226

10.1.9.2 Products/Solutions/Services offered 226

10.1.10  TOOLING TECH GROUP             227

10.1.10.1             Business overview 227

10.1.10.2             Products/Solutions/Services offered 227

10.1.10.3             Recent developments         228

10.1.10.3.1          Expansions          228

10.1.11  TECH PLAASTIC INDUSTRIE     229

10.1.11.1             Business overview 229

10.1.11.2             Products/Solutions/Services offered 229

10.1.12  TORAY ADVANCED COMPOSITES          230

10.1.12.1             Business overview 230

10.1.12.2             Products/Solutions/Services offered 230

10.1.12.3             Recent developments         231

10.1.12.3.1          Expansions          231

10.1.13  TRIDENT COMPONENTS, LLC  232

10.1.13.1             Business overview 232

10.1.13.2             Products/Solutions/Services offered 232

10.1.14  RCO ENGINEERING       233

10.1.14.1             Business overview 233

10.1.14.2             Products/Solutions/Services offered 233

10.1.15  THE PLATINUM TOOL GROUP 234

10.1.15.1             Business overview 234

10.1.15.2             Products/Solutions/Services offered 234

10.1.16  SONFARREL AEROSPACE LLC   235

10.1.16.1             Business overview 235

10.1.16.2             Products/Solutions/Services offered 235

10.1.17  TRI-MACK PLASTICS MANUFACTURING CORPORATION            236

10.1.17.1             Business overview 236

10.1.17.2             Products/Solutions/Services offered 236

10.1.18  AMRAZ LTD.     237

10.1.18.1             Business overview 237

10.1.18.2             Products/Solutions/Services offered 237

10.1.19  KT PLASTICS INCORPORATED 238

10.1.19.1             Business overview 238

10.1.19.2             Products/Solutions/Services offered 238

10.1.20  ROTATIONAL MOLDING OF UTAH        239

10.1.20.1             Business overview 239

10.1.20.2             Products/Solutions/Services offered 239

10.1.21  REDLINE PLASTICS       240

10.1.21.1             Business overview 240

10.1.21.2             Products/Solutions/Services offered 240

10.1.21.3             Recent developments         241

10.1.21.3.1          Expansions          241

10.1.22  CHICAGO GASKET CO. 242

10.1.22.1             Business overview 242

10.1.22.2             Products/Solutions/Services offered 242

10.1.23  HAYSITE            243

10.1.23.1             Business overview 243

10.1.23.2             Products/Solutions/Services offered 243

10.1.24  AMI PLASTICS  244

10.1.24.1             Business overview 244

10.1.24.2             Products/Solutions/Services offered 244

10.1.25  LINECROSS       245

10.1.25.1             Business overview 245

10.1.25.2             Products/Solutions/Services offered 245

11          ADJACENT AND RELATED MARKETS     246

11.1       INTRODUCTION            246

11.2       MOLDED PLASTIC MARKET      246

11.2.1    MARKET DEFINITION   246

11.2.2    MOLDED PLASTICS: MARKET OVERVIEW           247

11.2.3    MOLDED PLASTICS MARKET ANALYSIS, BY TECHNOLOGY        247

11.2.4    MOLDED PLASTICS MARKET, BY TYPE 248

11.2.5    MOLDED PLASTICS MARKET, BY APPLICATION             250

11.2.6    MOLDED PLASTICS MARKET, BY REGION          252

12          APPENDIX         254

12.1       DISCUSSION GUIDE      254

12.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             257

12.3       CUSTOMIZATION OPTIONS      259

12.4       RELATED REPORTS       259

12.5       AUTHOR DETAILS         260

LIST OF TABLES

TABLE 1             INCLUSIONS AND EXCLUSIONS 27

TABLE 2             DEFINITION AND INCLUSIONS, BY TYPE            27

TABLE 3             DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY              28

TABLE 4             THERMO COMPRESSION FORMING MARKET SNAPSHOT, 2024 VS. 2029 45

TABLE 5             THERMO COMPRESSION FORMING MARKET: PORTER’S FIVE FORCES ANALYSIS         59

TABLE 6             INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY (%)            61

TABLE 7             KEY BUYING CRITERIA, BY END-USE INDUSTRY             62

TABLE 8             GDP TRENDS AND FORECAST, 2021–2029           63

TABLE 9             TRENDS OF GLOBAL AUTOMOTIVE INDUSTRY 66

TABLE 10           INDICATIVE PRICING TREND OF THERMO COMPRESSION FORMING, BY REGION, 2021–2023 (USD/KG)      69

TABLE 11           INDICATIVE PRICING TREND OF THERMO COMPRESSION FORMING OFFERED

BY KEY PLAYERS, BY END-USE INDUSTRY, 2023 (USD/KG)          70

TABLE 12           EXPORT DATA RELATED TO HS CODE 390950-COMPLIANT PRODUCTS,

BY COUNTRY, 2021–2023 (USD THOUSAND)       71

TABLE 13           IMPORT DATA RELATED TO HS CODE 390950-COMPLIANT PRODUCTS,

BY COUNTRY, 2021–2023 (USD THOUSAND)       74

TABLE 14           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         78

TABLE 15           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78

TABLE 16           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         79

TABLE 17           ROLES OF COMPANIES IN THERMO COMPRESSION FORMING ECOSYSTEM     79

TABLE 18           INVESTMENT AND FUNDING SCENARIO            83

TABLE 19           TOP PATENT OWNERS 85

TABLE 20           THERMO COMPRESSION FORMING MARKET: KEY CONFERENCES AND EVENTS, 2024–2025             96

TABLE 21           THERMO COMPRESSION FORMING MARKET, BY TYPE, 2021–2023 (USD MILLION)     99

TABLE 22           THERMO COMPRESSION FORMING MARKET, BY TYPE, 2024–2029 (USD MILLION)     100

TABLE 23           THERMO COMPRESSION FORMING MARKET, BY TYPE, 2021–2023 (KILOTON)             100

TABLE 24           THERMO COMPRESSION FORMING MARKET, BY TYPE, 2024–2029 (KILOTON)             101

TABLE 25           THERMOPLASTIC FOAMS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (USD MILLION)  105

TABLE 26           THERMOPLASTIC FOAMS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (USD MILLION)  105

TABLE 27           THERMOPLASTIC FOAMS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (KILOTON)         105

TABLE 28           THERMOPLASTIC FOAMS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (KILOTON)         106

TABLE 29           POLYURETHANE FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (USD MILLION)            106

TABLE 30           POLYURETHANE FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (USD MILLION)            106

TABLE 31           POLYURETHANE FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (KILOTON)      107

TABLE 32           POLYURETHANE FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (KILOTON)      107

TABLE 33           CROSS-LINKED POLYETHYLENE (XLPE) FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (USD MILLION)              107

TABLE 34           CROSS-LINKED POLYETHYLENE (XLPE) FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (USD MILLION)              108

TABLE 35           CROSS-LINKED POLYETHYLENE (XLPE) FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (KILOTON) 108

TABLE 36           CROSS-LINKED POLYETHYLENE (XLPE) FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (KILOTON) 108

TABLE 37           CROSS-LINKED POLYPROPYLENE (XLPP) FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (USD MILLION)              109

TABLE 38           CROSS-LINKED POLYPROPYLENE (XLPP) FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (USD MILLION)              109

TABLE 39           CROSS-LINKED POLYPROPYLENE (XLPP) FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (KILOTON) 109

TABLE 40           CROSS-LINKED POLYPROPYLENE (XLPP) FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (KILOTON) 110

TABLE 41           ETHYL VINYL ACETATE (EVA) FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (USD MILLION)        110

TABLE 42           ETHYL VINYL ACETATE (EVA) FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (USD MILLION)        110

TABLE 43           ETHYL VINYL ACETATE (EVA) FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (KILOTON) 111

TABLE 44           ETHYL VINYL ACETATE (EVA) FOAM: THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (KILOTON) 111

TABLE 45           OTHER THERMOPLASTIC FOAMS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (USD MILLION)  111

TABLE 46           OTHER THERMOPLASTIC FOAMS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (USD MILLION)  112

TABLE 47           OTHER THERMOPLASTIC FOAMS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (KILOTON)         112

TABLE 48           OTHER THERMOPLASTIC FOAMS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (KILOTON)         112

TABLE 49           NEEDLE-PUNCH NONWOVENS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (USD MILLION)  116

TABLE 50           NEEDLE-PUNCH NONWOVENS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (USD MILLION)  116

TABLE 51           NEEDLE-PUNCH NONWOVENS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (KILOTON)         117

TABLE 52           NEEDLE-PUNCH NONWOVENS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (KILOTON)         117

TABLE 53           PET/BICOMPONENT PET BLEND: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (USD MILLION)  117

TABLE 54           PET/BICOMPONENT PET BLEND: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (USD MILLION)  118

TABLE 55           PET/BICOMPONENT PET BLEND: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (KILOTON)         118

TABLE 56           PET/BICOMPONENT PET BLEND: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (KILOTON)         118

TABLE 57           NATURAL FIBER/PP BLEND: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (USD MILLION)  119

TABLE 58           NATURAL FIBER/PP BLEND: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (USD MILLION)  119

TABLE 59           NATURAL FIBER/PP BLEND: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (KILOTON)         119

TABLE 60           NATURAL FIBER/PP BLEND: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (KILOTON)         120

TABLE 61           OTHER NEEDLE-PUNCH NONWOVENS: THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (USD MILLION)              120

TABLE 62           OTHER NEEDLE-PUNCH NONWOVENS: THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (USD MILLION)              120

TABLE 63           OTHER NEEDLE-PUNCH NONWOVENS: THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (KILOTON) 121

TABLE 64           OTHER NEEDLE-PUNCH NONWOVENS: THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (KILOTON) 121

TABLE 65           LIGHTWEIGHT GLASS MAT THERMOPLASTIC (LWGMT): THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (USD MILLION)          122

TABLE 66           LIGHTWEIGHT GLASS MAT THERMOPLASTIC (LWGMT): THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (USD MILLION)          123

TABLE 67           LIGHTWEIGHT GLASS MAT THERMOPLASTIC (LWGMT): THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (KILOTON)       123

TABLE 68           LIGHTWEIGHT GLASS MAT THERMOPLASTIC (LWGMT): THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (KILOTON)       123

TABLE 69           THERMO COMPRESSION FORMING MARKET, BY END-USE INDUSTRY,

2021–2023 (USD MILLION)          126

TABLE 70           THERMO COMPRESSION FORMING MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          127

TABLE 71           THERMO COMPRESSION FORMING MARKET, BY END-USE INDUSTRY,

2021–2023 (KILOTON)   127

TABLE 72           THERMO COMPRESSION FORMING MARKET, BY END-USE INDUSTRY,

2024–2029 (KILOTON)   127

TABLE 73           AUTOMOTIVE: THERMO COMPRESSION FORMING MARKET, BY REGION,

2021–2023 (USD MILLION)          130

TABLE 74           AUTOMOTIVE: THERMO COMPRESSION FORMING MARKET, BY REGION,

2024–2029 (USD MILLION)          131

TABLE 75           AUTOMOTIVE: THERMO COMPRESSION FORMING MARKET, BY REGION,

2021–2023 (KILOTON)   131

TABLE 76           AUTOMOTIVE: THERMO COMPRESSION FORMING MARKET, BY REGION,

2024–2029 (KILOTON)   131

TABLE 77          CONSTRUCTION: THERMO COMPRESSION FORMING MARKET, BY REGION,

2021–2023 (USD MILLION)          132

TABLE 78          CONSTRUCTION: THERMO COMPRESSION FORMING MARKET, BY REGION,

2024–2029 (USD MILLION)          133

TABLE 79          CONSTRUCTION: THERMO COMPRESSION FORMING MARKET, BY REGION,

2021–2023 (KILOTON)   133

TABLE 80          CONSTRUCTION: THERMO COMPRESSION FORMING MARKET, BY REGION,

2024–2029 (KILOTON)   133

TABLE 81           AEROSPACE: THERMO COMPRESSION FORMING MARKET, BY REGION,

2021–2023 (USD MILLION)          135

TABLE 82           AEROSPACE: THERMO COMPRESSION FORMING MARKET, BY REGION,

2024–2029 (USD MILLION)          135

TABLE 83           AEROSPACE: THERMO COMPRESSION FORMING MARKET, BY REGION,

2021–2023 (KILOTON)   135

TABLE 84           AEROSPACE: THERMO COMPRESSION FORMING MARKET, BY REGION,

2024–2029 (KILOTON)   136

TABLE 85           MEDICAL: THERMO COMPRESSION FORMING MARKET, BY REGION,

2021–2023 (USD MILLION)          137

TABLE 86           MEDICAL: THERMO COMPRESSION FORMING MARKET, BY REGION,

2024–2029 (USD MILLION)          137

TABLE 87           MEDICAL: THERMO COMPRESSION FORMING MARKET, BY REGION,

2021–2023 (KILOTON)   138

TABLE 88           MEDICAL: THERMO COMPRESSION FORMING MARKET, BY REGION,

2024–2029 (KILOTON)   138

TABLE 89           ELECTRICAL & ELECTRONICS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (USD MILLION)  139

TABLE 90           ELECTRICAL & ELECTRONICS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (USD MILLION)  139

TABLE 91           ELECTRICAL & ELECTRONICS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (KILOTON)         140

TABLE 92           ELECTRICAL & ELECTRONICS: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (KILOTON)         140

TABLE 93           OTHER END-USE INDUSTRIES: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (USD MILLION)  141

TABLE 94           OTHER END-USE INDUSTRIES: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (USD MILLION)  141

TABLE 95           OTHER END-USE INDUSTRIES: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2021–2023 (KILOTON)         141

TABLE 96           OTHER END-USE INDUSTRIES: THERMO COMPRESSION FORMING MARKET,

BY REGION, 2024–2029 (KILOTON)         142

TABLE 97           THERMO COMPRESSION FORMING MARKET, BY REGION,

2021–2023 (USD MILLION)          145

TABLE 98           THERMO COMPRESSION FORMING MARKET, BY REGION,

2024–2029 (USD MILLION)          145

TABLE 99           THERMO COMPRESSION FORMING MARKET, BY REGION, 2021–2023 (KILOTON)   146

TABLE 100         THERMO COMPRESSION FORMING MARKET, BY REGION, 2024–2029 (KILOTON)   146

TABLE 101         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET, BY COUNTRY,

2021–2023 (USD MILLION)          148

TABLE 102         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          148

TABLE 103         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET, BY COUNTRY,

2021–2023 (KILOTON)   148

TABLE 104         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET, BY COUNTRY,

2024–2029 (KILOTON)   149

TABLE 105         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2021–2023 (USD MILLION)          149

TABLE 106         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2024–2029 (USD MILLION)          150

TABLE 107         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2021–2023 (KILOTON)   150

TABLE 108         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2024–2029 (KILOTON)   151

TABLE 109         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        151

TABLE 110         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2024–2029 (USD MILLION)        152

TABLE 111         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2021–2023 (KILOTON) 152

TABLE 112         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2024–2029 (KILOTON) 152

TABLE 113         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY COUNTRY, 2021–2023 (USD MILLION)         157

TABLE 114         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)         158

TABLE 115         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY COUNTRY, 2021–2023 (KILOTON)  158

TABLE 116         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY COUNTRY, 2024–2029 (KILOTON)  158

TABLE 117         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2021–2023 (USD MILLION)          159

TABLE 118         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2024–2029 (USD MILLION)          159

TABLE 119         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2021–2023 (USD KILOTON)         160

TABLE 120         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2024–2029 (USD KILOTON)         160

TABLE 121         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        161

TABLE 122         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2024–2029 (USD MILLION)        161

TABLE 123         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2021–2023 (KILOTON) 161

TABLE 124         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2024–2029 (KILOTON) 162

TABLE 125         EUROPE: THERMO COMPRESSION FORMING MARKET, BY COUNTRY,

2021–2023 (USD MILLION)          165

TABLE 126         EUROPE: THERMO COMPRESSION FORMING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          166

TABLE 127         EUROPE: THERMO COMPRESSION FORMING MARKET, BY COUNTRY,

2021–2023 (KILOTON)   166

TABLE 128         EUROPE: THERMO COMPRESSION FORMING MARKET, BY COUNTRY,

2024–2029 (KILOTON)   166

TABLE 129         EUROPE: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2021–2023 (USD MILLION)          167

TABLE 130         EUROPE: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2024–2029 (USD MILLION)          167

TABLE 131         EUROPE: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2021–2023 (KILOTON)   168

TABLE 132         EUROPE: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2024–2029 (KILOTON)   168

TABLE 133         EUROPE: THERMO COMPRESSION FORMING MARKET, BY END-USE INDUSTRY, 2021–2023 (USD MILLION) 169

TABLE 134         EUROPE: THERMO COMPRESSION FORMING MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 169

TABLE 135         EUROPE: THERMO COMPRESSION FORMING MARKET, BY END-USE INDUSTRY, 2021–2023 (KILOTON)       169

TABLE 136         EUROPE: THERMO COMPRESSION FORMING MARKET, BY END-USE INDUSTRY, 2024–2029 (KILOTON)       170

TABLE 137         SOUTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY COUNTRY, 2021–2023 (USD MILLION)         174

TABLE 138         SOUTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)         175

TABLE 139         SOUTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY COUNTRY, 2021–2023 (KILOTON)  175

TABLE 140         SOUTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY COUNTRY, 2024–2029 (KILOTON)  175

TABLE 141         SOUTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2021–2023 (USD MILLION)          176

TABLE 142         SOUTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2024–2029 (USD MILLION)          176

TABLE 143         SOUTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2021–2023 (USD KILOTON)         177

TABLE 144         SOUTH AMERICA: THERMO COMPRESSION FORMING MARKET, BY TYPE,

2024–2029 (USD KILOTON)         177

TABLE 145         SOUTH AMERICA: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        178

TABLE 146         SOUTH AMERICA: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2024–2029 (USD MILLION)        178

TABLE 147         SOUTH AMERICA: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2021–2023 (KILOTON) 178

TABLE 148         SOUTH AMERICA: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2024–2029 (KILOTON) 179

TABLE 149         MIDDLE EAST & AFRICA: THERMO COMPRESSION FORMING MARKET,

BY COUNTRY, 2021–2023 (USD MILLION)            182

TABLE 150         MIDDLE EAST & AFRICA: THERMO COMPRESSION FORMING MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)            182

TABLE 151         MIDDLE EAST & AFRICA: THERMO COMPRESSION FORMING MARKET,

BY COUNTRY, 2021–2023 (KILOTON)     183

TABLE 152         MIDDLE EAST & AFRICA: THERMO COMPRESSION FORMING MARKET,

BY COUNTRY, 2024–2029 (KILOTON)     183

TABLE 153         MIDDLE EAST & AFRICA: THERMO COMPRESSION FORMING MARKET, BY TYPE, 2021–2023 (USD MILLION)    184

TABLE 154         MIDDLE EAST & AFRICA: THERMO COMPRESSION FORMING MARKET, BY TYPE, 2024–2029 (USD MILLION)    184

TABLE 155         MIDDLE EAST & AFRICA: THERMO COMPRESSION FORMING MARKET, BY TYPE, 2021–2023 (USD KILOTON)  185

TABLE 156         MIDDLE EAST & AFRICA: THERMO COMPRESSION FORMING MARKET, BY TYPE, 2024–2029 (USD KILOTON)  185

TABLE 157         MIDDLE EAST & AFRICA: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2021–2023 (USD MILLION)        186

TABLE 158         MIDDLE EAST & AFRICA: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2024–2029 (USD MILLION)        186

TABLE 159         MIDDLE EAST & AFRICA: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2021–2023 (KILOTON) 186

TABLE 160         MIDDLE EAST & AFRICA: THERMO COMPRESSION FORMING MARKET,

BY END-USE INDUSTRY, 2024–2029 (KILOTON) 187

TABLE 161         THERMO COMPRESSION FORMING MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED BY MAJOR PLAYERS, 2019–2024       191

TABLE 162         THERMO COMPRESSION FORMING MARKET: DEGREE OF COMPETITION, 2023     193

TABLE 163         THERMO COMPRESSION FORMING MARKET: END-USE INDUSTRY FOOTPRINT 201

TABLE 164         THERMO COMPRESSION FORMING MARKET: REGION FOOTPRINT      202

TABLE 165         THERMO COMPRESSION FORMING MARKET: DETAILED LIST OF KEY STARTUPS/SMES           205

TABLE 166         THERMO COMPRESSION FORMING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES        206

TABLE 167         THERMO COMPRESSION FORMING MARKET: DEALS, MARCH 2019–MARCH 2024          207

TABLE 168         THERMO COMPRESSION FORMING MARKET: EXPANSIONS,

MARCH 2019–MARCH 2024         208

TABLE 169         FLEXTECH: COMPANY OVERVIEW         209

TABLE 170         FLEXTECH: PRODUCTS/SOLUTIONS/SERVICES OFFERED              209

TABLE 171         FLEXTECH: DEALS        212

TABLE 172         JANCO, INC.: COMPANY OVERVIEW       213

TABLE 173         JANCO, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              213

TABLE 174         JANCO, INC.: EXPANSIONS         214

TABLE 175         INTERTECH PRODUCTS, INC.: COMPANY OVERVIEW    215

TABLE 176         INTERTECH PRODUCTS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   215

TABLE 177         INTERTECH PRODUCTS, INC.: DEALS   216

TABLE 178         FORMED SOLUTIONS: COMPANY OVERVIEW    217

TABLE 179         FORMED SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          217

TABLE 180         CORE MOLDING TECHNOLOGIES: COMPANY OVERVIEW              219

TABLE 181         CORE MOLDING TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED   220

TABLE 182         UFP TECHNOLOGIES, INC.: COMPANY OVERVIEW         222

TABLE 183         UFP TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   223

TABLE 184         RAY PRODUCTS COMPANY INC.: COMPANY OVERVIEW 224

TABLE 185         RAY PRODUCTS COMPANY INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   224

TABLE 186         ENGINEERED PLASTIC PRODUCTS INC.: COMPANY OVERVIEW              225

TABLE 187         ENGINEERED PLASTIC PRODUCTS INC.: PRODUCTS/SOLUTIONS/

SERVICES OFFERED      225

TABLE 188         PRESENT ADVANCED COMPOSITES INC.: COMPANY OVERVIEW        226

TABLE 189         PRESENT ADVANCED COMPOSITES INC.: PRODUCTS/SOLUTIONS/

SERVICES OFFERED      226

TABLE 190         TOOLING TECH GROUP: COMPANY OVERVIEW             227

TABLE 191         TOOLING TECH GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          227

TABLE 192         TOOLING TECH GROUP: EXPANSIONS 228

TABLE 193         TECH PLAASTIC INDUSTRIE: COMPANY OVERVIEW      229

TABLE 194         TECH PLAASTIC INDUSTRIE: PRODUCTS/SOLUTIONS/SERVICES OFFERED   229

TABLE 195         TORAY ADVANCED COMPOSITES: COMPANY OVERVIEW              230

TABLE 196         TORAY ADVANCED COMPOSITES: PRODUCTS/SOLUTIONS/SERVICES OFFERED   230

TABLE 197         TORAY ADVANCED COMPOSITES: EXPANSIONS             231

TABLE 198         TRIDENT COMPONENTS, LLC: COMPANY OVERVIEW   232

TABLE 199         TRIDENT COMPONENTS, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED   232

TABLE 200         RCO ENGINEERING: COMPANY OVERVIEW        233

TABLE 201         RCO ENGINEERING: PRODUCTS/SOLUTIONS/SERVICES OFFERED          233

TABLE 202         THE PLATINUM TOOL GROUP: COMPANY OVERVIEW  234

TABLE 203         THE PLATINUM TOOL GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED   234

TABLE 204         SONFARREL AEROSPACE LLC: COMPANY OVERVIEW    235

TABLE 205         SONFARREL AEROSPACE LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED   235

TABLE 206         TRI-MACK PLASTICS MANUFACTURING CORPORATION: COMPANY OVERVIEW  236

TABLE 207         TRI-MACK PLASTICS MANUFACTURING CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   236

TABLE 208         AMRAZ LTD.: COMPANY OVERVIEW      237

TABLE 209         AMRAZ LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              237

TABLE 210         KT PLASTICS INCORPORATED: COMPANY OVERVIEW  238

TABLE 211         KT PLASTICS INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED   238

TABLE 212         ROTATIONAL MOLDING OF UTAH: COMPANY OVERVIEW              239

TABLE 213         ROTATIONAL MOLDING OF UTAH: PRODUCTS/SOLUTIONS/SERVICES OFFERED   239

TABLE 214         REDLINE PLASTICS: COMPANY OVERVIEW        240

TABLE 215         REDLINE PLASTICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          240

TABLE 216         REDLINE PLASTICS: EXPANSIONS          241

TABLE 217         CHICAGO GASKET CO.: COMPANY OVERVIEW  242

TABLE 218         CHICAGO GASKET CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          242

TABLE 219         HAYSITE: COMPANY OVERVIEW             243

TABLE 220         HAYSITE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 243

TABLE 221         AMI PLASTICS: COMPANY OVERVIEW   244

TABLE 222         AMI PLASTICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              244

TABLE 223         LINECROSS: COMPANY OVERVIEW        245

TABLE 224         LINECROSS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              245

TABLE 225         MOLDED PLASTICS MARKET, BY TECHNOLOGY, 2018–2021 (KILOTON)       247

TABLE 226         MOLDED PLASTICS MARKET, BY TECHNOLOGY, 2018–2021 (USD MILLION) 247

TABLE 227         MOLDED PLASTICS MARKET, BY TECHNOLOGY, 2022–2027 (KILOTON)       248

TABLE 228         MOLDED PLASTICS MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION) 248

TABLE 229         MOLDED PLASTICS MARKET, BY TYPE, 2018–2021 (KILOTON)              249

TABLE 230         MOLDED PLASTICS MARKET, BY TYPE, 2018–2021 (USD MILLION)          249

TABLE 231         MOLDED PLASTICS MARKET, BY TYPE, 2022–2027 (KILOTON)              249

TABLE 232         MOLDED PLASTICS MARKET, BY TYPE, 2022–2027 (USD MILLION)          250

TABLE 233         MOLDED PLASTICS MARKET, BY APPLICATION, 2018–2021 (KILOTON)       250

TABLE 234         MOLDED PLASTICS MARKET, BY APPLICATION, 2018–2021 (USD MILLION) 251

TABLE 235         MOLDED PLASTICS MARKET, BY APPLICATION, 2022–2027 (KILOTON)       251

TABLE 236         MOLDED PLASTICS MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 252

TABLE 237         MOLDED PLASTICS MARKET, BY REGION, 2018–2021 (KILOTON)       252

TABLE 238         MOLDED PLASTICS MARKET, BY REGION, 2018–2021 (USD MILLION)          253

TABLE 239         MOLDED PLASTICS MARKET, BY REGION, 2022–2027 (KILOTON)       253

TABLE 240         MOLDED PLASTICS MARKET, BY REGION, 2022–2027 (USD MILLION)          253

LIST OF FIGURES

FIGURE 1           THERMO COMPRESSION FORMING MARKET SEGMENTATION              26

FIGURE 2           THERMO COMPRESSION FORMING MARKET: RESEARCH DESIGN              31

FIGURE 3           MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH  36

FIGURE 4           MARKET SIZE ESTIMATION: TOP-DOWN APPROACH    37

FIGURE 5           THERMO COMPRESSION FORMING MARKET SIZE ESTIMATION,

BY END-USE INDUSTRY 38

FIGURE 6           THERMO COMPRESSION FORMING MARKET SIZE ESTIMATION, BY REGION          38

FIGURE 7           THERMO COMPRESSION FORMING MARKET: SUPPLY-SIDE FORECAST        39

FIGURE 8           THERMO COMPRESSION FORMING MARKET: DEMAND-SIDE FORECAST        39

FIGURE 9           METHODOLOGY FOR SUPPLY-SIDE SIZING OF THERMO COMPRESSION

FORMING MARKET       40

FIGURE 10         MAJOR FACTORS RESPONSIBLE FOR GLOBAL RECESSION AND

THEIR IMPACT ON MARKET      40

FIGURE 11         THERMO COMPRESSION FORMING MARKET: DATA TRIANGULATION          41

FIGURE 12         THERMOPLASTIC FOAMS SEGMENT TO DOMINATE THERMO COMPRESSION FORMING MARKET DURING FORECAST PERIOD            45

FIGURE 13         AUTOMOTIVE SEGMENT TO HOLD LARGEST SHARE OF THERMO COMPRESSION FORMING MARKET IN 2029     46

FIGURE 14         NORTH AMERICA TO DOMINATE THERMO COMPRESSION FORMING MARKET DURING FORECAST PERIOD            47

FIGURE 15         RAPID INDUSTRIALIZATION AND URBANIZATION IN EMERGING ECONOMIES TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS         48

FIGURE 16         THERMOPLASTIC FOAMS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD        48

FIGURE 17         AUTOMOTIVE SEGMENT AND US TO ACCOUNT FOR LARGEST SHARES OF

NORTH AMERICAN THERMO COMPRESSION FORMING MARKET IN 2024              49

FIGURE 18         DEMAND FOR THERMO COMPRESSION FORMING TO GROW FASTER IN DEVELOPING COUNTRIES DURING FORECAST PERIOD        49

FIGURE 19         INDIA TO REGISTER HIGHEST CAGR IN THERMO COMPRESSION FORMING MARKET DURING FORECAST PERIOD            50

FIGURE 20         GLOBAL PLASTIC PRODUCTION, 2018–2022       52

FIGURE 21         AVERAGE CHEMICAL PRODUCTION GROWTH PER ANNUM, 2011–2021          52

FIGURE 22         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THERMO COMPRESSION FORMING MARKET             53

FIGURE 23         PORTER’S FIVE FORCES ANALYSIS: THERMO COMPRESSION FORMING MARKET       59

FIGURE 24         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY     61

FIGURE 25         KEY BUYING CRITERIA, BY END-USE INDUSTRY             62

FIGURE 26         THERMO COMPRESSION FORMING MARKET: VALUE CHAIN ANALYSIS          67

FIGURE 27         AVERAGE SELLING PRICE TREND OF THERMO COMPRESSION FORMING,

BY REGION, 2021–2024 AND 2029 (USD/KG)        68

FIGURE 28         AVERAGE SELLING PRICE TREND OF THERMO COMPRESSION FORMING,

BY TYPE, 2021–2024 AND 2029 (USD/KG)             69

FIGURE 29         AVERAGE SELLING PRICE TREND OF THERMO COMPRESSION FORMING,

BY END-USE INDUSTRY, 2021–2024 AND 2029 (USD/KG) 70

FIGURE 30         AVERAGE SELLING PRICE TREND OF THERMO COMPRESSION FORMING OFFERED BY KEY PLAYERS, BY END-USE INDUSTRY, 2023 (USD/KG)              70

FIGURE 31         EXPORT DATA RELATED TO HS CODE 390950-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2019–2023 (USD THOUSAND)             71

FIGURE 32         IMPORT DATA RELATED TO HS CODE 390950-COMPLIANT PRODUCTS,

BY KEY COUNTRY, 2019–2023 (USD THOUSAND)             74

FIGURE 33         THERMO COMPRESSION FORMING MARKET: ECOSYSTEM ANALYSIS          80

FIGURE 34         THERMO COMPRESSION FORMING MARKET: KEY PLAYERS IN ECOSYSTEM     81

FIGURE 35         TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS              82

FIGURE 36         PUBLISHED PATENTS, 2019–2024            84

FIGURE 37         PATENTS PUBLISHED BY JURISDICTION, 2019–2024       84

FIGURE 38         PATENTS PUBLISHED BY MAJOR APPLICANTS, 2019–2024              85

FIGURE 39         TOP PATENT APPLICANTS FOR THERMO COMPRESSION FORMING IN LAST YEARS          86

FIGURE 40         THERMOPLASTIC FOAMS SEGMENT TO HOLD LARGEST SHARE OF

THERMO COMPRESSION FORMING MARKET IN 2029     99

FIGURE 41         AUTOMOTIVE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF

THERMO COMPRESSION FORMING MARKET IN 2029     126

FIGURE 42         ANNUAL GLOBAL VEHICLE SALES, 2017–2025 (UNITS IN MILLIONS)        130

FIGURE 43         ASIA PACIFIC TO REGISTER HIGHEST CAGR IN THERMO COMPRESSION FORMING MARKET BETWEEN 2024 AND 2029     145

FIGURE 44         ASIA PACIFIC: THERMO COMPRESSION FORMING MARKET SNAPSHOT        147

FIGURE 45         NORTH AMERICA: THERMO COMPRESSION FORMING MARKET SNAPSHOT     157

FIGURE 46         EUROPE: THERMO COMPRESSION FORMING MARKET SNAPSHOT        165

FIGURE 47         BRAZIL TO REGISTER HIGHEST CAGR IN SOUTH AMERICAN THERMO COMPRESSION FORMING MARKET BETWEEN 2024 AND 2029 174

FIGURE 48         GCC COUNTRIES TO REGISTER HIGHEST CAGR BETWEEN 2024 AND 2029           182

FIGURE 49         THERMO COMPRESSION FORMING MARKET SHARE ANALYSIS, 2023      192

FIGURE 50         THERMO COMPRESSION FORMING MARKET: RANKING ANALYSIS OF LEADING PLAYERS, 2023  194

FIGURE 51         THERMO COMPRESSION FORMING MARKET: REVENUE ANALYSIS OF KEY PLAYERS, 2021–2023 (USD MILLION)  195

FIGURE 52         THERMO COMPRESSION FORMING MARKET: COMPANY VALUATION (USD BILLION)      196

FIGURE 53         THERMO COMPRESSION FORMING MARKET: FINANCIAL METRICS (EV/EBITDA) 196

FIGURE 54         THERMO COMPRESSION FORMING MARKET: BRAND/PRODUCT COMPARISON          197

FIGURE 55         THERMO COMPRESSION FORMING MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023     199

FIGURE 56         THERMO COMPRESSION FORMING MARKET: COMPANY FOOTPRINT      200

FIGURE 57         THERMO COMPRESSION FORMING MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 204

FIGURE 58         CORE MOLDING TECHNOLOGIES: COMPANY SNAPSHOT              220

FIGURE 59         UFP TECHNOLOGIES, INC.: COMPANY SNAPSHOT         223