Ensinger (Germany) and Toray Industries Inc. (Japan) are Leading Players in the Organosheet Market
The organosheet market is projected to grow from USD 0.6 billion in 2023 to USD 1.0 billion by 2028, at a CAGR of 12.0% during the forecast period. The rising demand for lightweight materials that are sustainable and recyclable from various end-use industries is expected to drive the organosheet market. The primary growth drivers for this market are the aerospace & defense, sporting goods, and transportation industries, as well as the increased need for lightweight, environmentally friendly, and high performance materials such as organosheets. Additional factors driving market expansion include corrosion resistance, a higher strength-to-weight ratio, lower maintenance, and a longer lifecycle than traditional materials like aluminum and steel.
Major manufacturers in this market are based in Asia Pacific, North America and Europe. 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) are among a few leading players operating in the organosheet market. Major focus was given to the development of new manufacturing processes for organosheet and recent deals due to the changing requirements across the world. These players have adopted various growth strategies to strengthen their position in the market. These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to expand their presence in the organosheet market further.
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Ensinger Holding GmbH & Co. KG (Germany)
Ensinger Holding GmbH & Co. KG is a high-performance engineering thermoplastic manufacturing company. The company produces, develops, manufactures, and sells compounds, extruded and cast semi-finished products, machines, injection molded finished parts, and industrial profiles and tubes. It markets organosheets under the composites engineering domain. The company also states prepreg and semipreg products can be converted into organosheets, utilizing its resin blend and compounds; it serves industries such as automotive, aerospace, construction, and various others. The company is in Europe, North America, Asia Pacific, and South America through its manufacturing plants and sales offices in 33 locations. These materials are used in various industries, including automotive, aerospace, and construction.
Toray Industries, Inc. (Japan)
Toray Industries, Inc. is a multinational corporation specializing in industrial products with organic synthetic chemistry, polymer chemistry, and biochemistry applications. The company is currently the world's largest producer of carbon fiber and synthetic fiber in Japan. It provides prepreg through its subsidiary, Toray Advanced Composites. It operates in business segments, namely, fibers & textiles, performance chemicals, carbon fiber composite materials, and environment & engineering. It operates its organosheets business through its carbon fiber composites material business segment. It has manufacturing and research facilities in North America, Latin America, Europe, Africa, and Asia Pacific, among other regions.
Johns Manville Corporation (US)
Within the Berkshire Hathaway group, Johns Manville is a prominent producer of specialized and construction goods and is now creating much interest in the organosheet industry. Their cutting-edge Neomera organosheets, made of woven or non-crimp textiles impregnated with Nylon 6 (PA-6), provide a special blend of fire resistance, lightweight strength, and recyclability, making them perfect for a variety of applications in a wide range of sectors.
Related Reports:
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
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