Carbon Thermoplastic Composites Market Size, Share & Trends Analysis Report By Raw Material, By Application (Automotive, Aerospace & Defense), By Region, And Segment Forecasts, 2024 - 2030

Carbon Thermoplastic Composites Market Size, Share & Trends Analysis Report By Raw Material, By Application (Automotive, Aerospace & Defense), By Region, And Segment Forecasts, 2024 - 2030


Carbon Thermoplastic Composites Market Growth & Trends

The global carbon thermoplastic composites market size is anticipated to reach USD 10.21 billion by 2030 and is projected to grow at a CAGR of 6.6% during the forecast period, as per a new report by Grand View Research, Inc. The demand for lightweight materials in automobile production, so as to reduce the overall fuel consumption is splurging the carbon thermoplastic market demand globally.

Many developed countries such as the United States, Japan, Germany, etc. have a high concentration of automobile, aerospace and defense equipment manufacturing companies and so is the consumption of carbon thermoplastics composites in these regions.

North America is anticipated to grow lucratively over the forecast period for the product on account of the presence of major aircraft manufacturing giants like Boeing and many other top notch automobile manufacturers. Europe is expected to witness the highest growth over the forecast period. The presence of key automotive manufacturers such as BMW, Volkswagen, Mercedes, Fiat, etc. which emphasizing on building low-weight, fuel efficient, low emission, environment-friendly cars, has led to the increased consumption of CFRTP composites in the Europe.

The market is growing and is composed of several large players. However, product cost is a major challenge faced by these companies. Key market participants have adopted strategies such as agreements, joint ventures, partnerships, and alliances so as to sustain the growing market competition.

Carbon Thermoplastic Composites Market Report Highlights
  • The pitch segment is expected to experience significant growth over the forecast period. Carbon fibers based on the pitch have higher parameters of mechanical properties compared to other types of carbon fibers.
  • The aerospace & defense segment dominated the market with a revenue share of 59.6% in 2023. The aerospace & defense industry needs parts that are strong and resistant to fire. These performance criteria are easily met for CFRTP composites because of the strength-to-weight ratios and durability offered by these composites.
  • North America carbon thermoplastic composites market is expected to grow lucratively over the forecast period, fueled by strict regulations in the region regarding fuel efficiency and emission control.Key companies in this market include Toray Industries, Inc., SGL Group, Hexcel Corporation, Teijin Limited, Mitsubishi Rayon Co., Ltd., BASF SE, etc.
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Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Carbon Thermoplastic Composites Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Billion) (Volume in Tons)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Carbon Thermoplastic Composites Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
Chapter 4. Carbon Thermoplastic Composites Market: Raw Material Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Carbon Thermoplastic Composites Market: Raw Material Movement Analysis, 2023 & 2030 (USD Billion) (Volume in Tons)
4.3. PAN
4.3.1. PAN Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
4.4. Pitch
4.4.1. Pitch Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
Chapter 5. Carbon Thermoplastic Composites Market: Application Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Carbon Thermoplastic Composites Market: Application Movement Analysis, 2023 & 2030 (USD Billion) (Volume in Tons)
5.3. Automotive
5.3.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
5.4. Aerospace & Defense
5.4.1. Aerospace & Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
5.5. Wind Turbines
5.5.1. Wind Turbines Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
5.6. Sports/Leisure
5.6.1. Sports/Leisure Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
5.7. Construction
5.7.1. Construction Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
5.8. Marine
5.8.1. Marine Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
5.9. Other Applications
5.9.1. Other Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
Chapter 6. Carbon Thermoplastic Composites Market: Regional Estimates & Trend Analysis
6.1. Carbon Thermoplastic Composites Market Share, By Region, 2023 & 2030 (USD Billion) (Volume in Tons)
6.2. North America
6.2.1. North America Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.2.2. U.S.
6.2.2.1. U.S. Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.2.3. Canada
6.2.3.1. Canada Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.2.4. Mexico
6.2.4.1. Mexico Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.3. Europe
6.3.1. Europe Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.3.2. UK
6.3.2.1. UK Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.3.3. Germany
6.3.3.1. Germany Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.3.4. France
6.3.4.1. France Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.3.5. Italy
6.3.5.1. Italy Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.3.6. Spain
6.3.6.1. Spain Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.4. Asia Pacific
6.4.1. Asia Pacific Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.4.2. China
6.4.2.1. China Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.4.3. Japan
6.4.3.1. Japan Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.4.4. India
6.4.4.1. India Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.4.5. South Korea
6.4.5.1. South Korea Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.4.6. Taiwan
6.4.6.1. Taiwan Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.5. Latin America
6.5.1. Latin America Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.5.2. Argentina
6.5.2.1. Argentina Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.5.3. Brazil
6.5.3.1. Brazil Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.6. Middle East and Africa
6.6.1. Middle East and Africa Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
6.6.2. Saudi Arabia
6.6.2.1. Saudi Arabia Carbon Thermoplastic Composites Market Estimates and Forecasts, 2018 - 2030 (USD Billion) (Volume in Tons)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
7.4.1. DowAksa
7.4.1.1. Participant’s Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Recent Developments/Strategic Initiatives
7.4.2. Solvay
7.4.2.1. Participant’s Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Recent Developments/Strategic Initiatives
7.4.3. Toray Industries, Inc.
7.4.3.1. Participant’s Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Recent Developments/Strategic Initiatives
7.4.4. SGL Carbon
7.4.4.1. Participant’s Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Recent Developments/Strategic Initiatives
7.4.5. Hexcel Corporation
7.4.5.1. Participant’s Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Recent Developments/Strategic Initiatives
7.4.6. Teijin Limited
7.4.6.1. Participant’s Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Recent Developments/Strategic Initiatives
7.4.7. Mitsubishi Chemical Corporation
7.4.7.1. Participant’s Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Recent Developments/Strategic Initiatives
7.4.8. Gurit Holding AG
7.4.8.1. Participant’s Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Recent Developments/Strategic Initiatives
7.4.9. Plasan Carbon Composites
7.4.9.1. Participant’s Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Recent Developments/Strategic Initiatives

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