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Carbon Thermoplastic Composites Market 2025 Driving Factors | Future Trends, Size, Industry Growth, Key Vendors

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Rahul Sharma
Carbon Thermoplastic Composites Market 2025 Driving Factors | Future Trends, Size, Industry Growth, Key Vendors

The global Carbon Fiber Reinforced Thermoplastic (CFRTP) Composites Market size is anticipated to reach USD 7.74 billion by 2025. It is also expected to register 10.8% CAGR during the forecasted period, 2016 to 2025. Several features like less weight, more strength, and good fire resistance are anticipated to drive the demand for such composites across the globe.

 

Key Players:

Teijin Limited, BASF SE, Toray Industries, Inc., Mitsubishi Rayon Co., Ltd., and SGL Group

 

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Market Synopsis of Carbon Thermoplastic Composites Market:

 

In 2015, the PAN raw material segment dominated the global market due to its enhanced properties. It is also expected to replace the petroleum pitch segment in the upcoming years due to its rising demand across several industrial sectors.

 

The aerospace and defense application held the largest share across the global market due to surging need for lightweight materials in aircraft manufacturing. While, the application segment of automotive is projected to witness CAGR of 14.0% from 2016 to 2025 due to implementation of stringent rules and regulations by governmental organizations.

 

In 2015, North America held the largest share of around 35% across the global market due to the rising presence of major aircraft manufacturers like Boeing across this region. While Europe is anticipated to register the fastest growth in terms of revenue during the forecasted period on account of stringent rules and regulations being imposed by governing organizations to curtail the vehicle emission.

 

The CFRTP composites market includes key players such as Teijin Limited, BASF SE, Toray Industries, Inc., Mitsubishi Rayon Co., Ltd., and SGL Group. They are also developing marketing strategies such as partnerships, joint ventures, agreements, and alliances to gain competitive advantage and widen their product reach.

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Carbon Thermoplastic Composites: Market Variables, Trends & Scope              

Chapter 4 Carbon Thermoplastic Composites: Product Estimates & Trend Analysis

Chapter 5 Carbon Thermoplastic Composites: Application Estimates & Trend Analysis

Chapter 6 Carbon Thermoplastic Composites: End-use Estimates & Trend Analysis

Chapter 7 Carbon Thermoplastic Composites: Industrial End-use Estimates & Trend Analysis

Chapter 8 Carbon Thermoplastic Composites: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Carbon Thermoplastic Composites: Manufacturers Company Profiles

 

Browse Related Category Research Reports @ https://millioninsightsmarket.blogspot.com

 

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Rahul Sharma
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