PUBLISHER: The Business Research Company | PRODUCT CODE: 1877927
PUBLISHER: The Business Research Company | PRODUCT CODE: 1877927
Thermoplastic semi-finished plastic products are intermediate materials made from thermoplastic polymers and processed into forms such as sheets, rods, films, tubes, or profiles, ready for further fabrication. These materials enable manufacturers to mold, machine, or shape them into finished products while maintaining the key properties of thermoplastics, including flexibility, durability, and heat resistance.
The primary types of thermoplastic semi-finished plastic products include sheets and blocks, tubes, rods, films and coils, and others. Sheets and blocks are flat or solid thermoplastic materials typically produced through extrusion or casting processes. These products are available in various materials, such as polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), polystyrene (PS), engineering plastics, and others, and are used in applications across automotive, electronics and electrical, construction and building, mechanical engineering, healthcare and medical, aerospace, and more. Major end-user industries include manufacturing, transportation, consumer goods, healthcare, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The quick escalation of U.S. tariffs and the resulting strain in trade relations in spring 2025 are considerably influencing the Paper, Plastics, Rubber, Wood And Textile sector by inflating costs for imported pulp, resin, synthetic rubber, lumber, and cotton key inputs with limited domestic substitutes. Packaging manufacturers, for example, now pay more for plastic films and corrugated materials, squeezing margins in an already price-sensitive market. Textile producers face similar challenges, as tariffs on imported yarns and dyes compound pressures from rising labor costs. Some firms are shifting to recycled materials or biodegradable alternatives, while others consolidate suppliers to negotiate bulk discounts.
The thermoplastics semi-finished plastic products market research report is one of a series of new reports from The Business Research Company that provides thermoplastics semi-finished plastic products market statistics, including thermoplastics semi-finished plastic products industry global market size, regional shares, competitors with a thermoplastics semi-finished plastic products market share, detailed thermoplastics semi-finished plastic products market segments, market trends and opportunities, and any further data you may need to thrive in the thermoplastics semi-finished plastic products industry. This thermoplastic semi-finished plastic products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The thermoplastics semi-finished plastic products market size has grown strongly in recent years. It will grow from $13.90 billion in 2024 to $14.86 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth during the historical period can be attributed to the expansion of the aerospace industry, an increased focus on sustainability and recycling, the growth of the electronics and electrical sectors, the rising use of thermoplastics in healthcare and medical applications, and the growing demand from the construction and building industries.
The thermoplastics semi-finished plastic products market size is expected to see strong growth in the next few years. It will grow to $19.14 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The projected growth for the forecast period can be attributed to the rising demand for electric vehicle components, increasing adoption of recyclable and sustainable materials, growing need for high-strength and impact-resistant materials, and expanding demand from the aerospace sector for lightweight and weight-reduction solutions. Major trends expected during this period include advancements in polymer formulations for improved strength and durability, innovations in bio-based and eco-friendly thermoplastics, progress in composite material development for lightweight applications, the introduction of new semi-finished thermoplastic product designs, and continuous advancements in overall material performance.
The increasing demand from the automotive sector is expected to drive the growth of the thermoplastics semi-finished plastic products market in the coming years. The automotive sector refers to the industry involved in the design, manufacturing, and sale of motor vehicles and their components. Demand from this sector is rising as the global transition toward electric vehicles encourages consumers and manufacturers to adopt cleaner and more sustainable mobility solutions, resulting in higher production levels and a growing need for advanced automotive components. Thermoplastic semi-finished plastic products are valuable to the automotive industry as they enable the creation of lightweight, durable, and heat-resistant parts that enhance vehicle performance and safety. For example, in April 2025, according to the European Automobile Manufacturers Association, a Belgium-based trade association, sales of battery-electric cars in the European Union increased by 23.9 percent to 412,997 units in the first quarter of 2025, accounting for 15.2 percent of the total market, while plug-in hybrid electric car registrations rose by 1.1 percent to 207,048 units. Therefore, the growing demand from the automotive sector is fueling the expansion of the thermoplastics semi-finished plastic products market.
Key companies operating in the thermoplastics semi-finished plastic products market are focusing on developing innovative solutions, such as thermoplastic polyamides, to address the evolving needs of end-use industries including automotive, electronics, and healthcare. Thermoplastic polyamides are high-performance polymers that can be melted and reshaped multiple times, offering excellent strength, chemical resistance, and thermal stability for engineering applications. For instance, in September 2025, BASF SE, a Germany-based chemicals company, introduced Ultramid H33 L, the world's first thermoplastic polyamide with high water permeability, designed primarily for artificial sausage casings. This innovative material combines the strength of polyamide with water permeability, enabling the production of thinner casings compared to conventional collagen or cellulose ones. Its hydrophilic properties allow smoke aromas to pass through the casing into sausages during smoking, while its high water permeability supports direct drying within the casing, simplifying the production process. Additionally, Ultramid H33 L can be processed as any other polyamide, allowing smooth integration into existing manufacturing systems without modification.
In August 2024, Trelleborg Group, a Sweden-based provider of engineered polymer solutions, acquired Magee Plastics for an undisclosed sum. This acquisition aims to enhance Trelleborg Group's presence in the aerospace sector by combining its global reach and engineering expertise with Magee Plastics' proficiency in high-performance thermoplastic and composite materials. The move expands Trelleborg's product portfolio and accelerates entry into new markets. Magee Plastics is a United States-based company specializing in the production of high-performance thermoplastic and composite materials for aerospace applications, including semi-finished thermoplastic products.
Major players in the thermoplastics semi-finished plastic products market are BASF SE., Dow Inc., LyondellBasell Industries N. V., LG Chem Ltd., Saudi Basic Industries Corporation, ExxonMobil Chemical Company, Mitsubishi Chemical Corporation, Sumitomo Chemical Company Limited, Toray Industries Inc., Evonik Industries AG, Covestro AG, Celanese Corporation, Arkema S.A., Teijin Limited, Formosa Plastics Corporation, Trinseo S.A., Ensinger GmbH., Rochling SE. & Co. KG., SIMONA AG., AGRU Kunststofftechnik Gesellschaft m. b. H., Nolle + Nordhorn GmbH., and Chi Mei Corporation.
North America was the largest region in the thermoplastics semi-finished plastic products market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in thermoplastics semi-finished plastic products report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the thermoplastics semi-finished plastic products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The thermoplastics semi-finished plastic products market consists of sales of plastic sheets, plastic rods, plastic tubes, plastic films, plastic profiles, and plastic plates. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Thermoplastics Semi-Finished Plastic Products Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on thermoplastics semi-finished plastic products market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for thermoplastics semi-finished plastic products ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The thermoplastics semi-finished plastic products market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.