Carbon Thermoplastic (CFRTP) Composites Market

Carbon Thermoplastic (CFRTP) Composites Market Size, Share, Growth Analysis, By Raw Material(PAN, Pitch), By Application(Automotive, Aerospace & Defense, Wind Turbines, Sports equipment), By Region(North America, Europe, Asia Pacific, Latin America) - Industry Forecast 2025-2032


Report ID: UCMIG15E2352 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Carbon Thermoplastic (CFRTP) Composites Market Insights

Market Overview:

The market for carbon fibre reinforced thermoplastic (CFRTP) composites was estimated at USD 2.75 billion in 2015, and from 2016 to 2025, it is anticipated to expand at a CAGR of 10.8%. Because of its unusual characteristics, such as decreased weight, superior fire, smoke, and toxicity (FST), and excellent impact strength, carbon fibre reinforced thermoplastic composite is becoming increasingly used in the automotive and aerospace industries.

Carbon Thermoplastic (CFRTP) Composites Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Carbon Thermoplastic (CFRTP) Composites was estimated to be valued at US$ XX Mn in 2021.

The Carbon Thermoplastic (CFRTP) Composites Market is estimated to grow at a CAGR of XX% by 2028.

The Carbon Thermoplastic (CFRTP) Composites Market is segmented on the basis of Raw Material, Application, Region.

Based on region, the Carbon Thermoplastic (CFRTP) Composites Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Carbon Thermoplastic (CFRTP) Composites Market are Toray Industries, Inc., SGL Group, Hexcel Corporation, Teijin Limited, Mitsubishi Rayon Co., Ltd., BASF SE, .

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Carbon Thermoplastic (CFRTP) Composites Market

Report ID: UCMIG15E2352

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