Carbon Fiber Reinforced Thermoplastic Composites (CFRTP) market value and growth:
Carbon Fiber Reinforced Thermoplastic market was worth USD 757 million in 2020 and is estimated to reach USD 2,043 million by 2025, expanding at a CAGR of 9.94% between 2020 and 2025.
Carbon Fiber Reinforced Thermoplastic Composites (CFRTP) market overview:
The rise in customer awareness towards pollution fees and efficient vehicles fosters the call for the lightweight vehicles that in turn escalates the demand for the carbon fiber reinforced thermoplastic composites in the market. As fuel efficiency depends on the weight, there is a rise in needs for lightweight materials from businesses like marines and wind-turbines, which is also estimated to drive the demand.
Carbon Fiber Reinforced Thermoplastic Composites (CFRTP) market segmentation:
On the basis of product type, the market is separated into Continuous, Long, Short. On the basis of application, the market is separated into Aerospace, Automotive, Marine, Wind Turbines. Depending on the application, the automotive and aerospace segments are likely to witness the highest growth rate and profitability in the global CFRTP industry in the forecast period.
On the basis of raw material, the market is separated into Polyacrylonitrile, Petroleum Pitch. Based on the raw material, polyacrylonitrile (PAN) is having higher demand compared to its counterpart. It is estimated to grow at the highest CAGR in the coming years due to the rise in the application of PAN in several end-user industries like automotive, sports equipment, aerospace, and others.
Carbon Fiber Reinforced Thermoplastic Composites (CFRTP) market geographical analysis:
On the basis of region, the Carbon Fiber Reinforced Thermoplastic Composites (CFRTP) market is segregated into regions of North America, South America, Asia Pacific, Middle East and Africa, and Europe.
North America's carbon fiber reinforced thermoplastic market is predicted to continue its reign in the global business in the foreseen years with the increasing demand from aircraft producers in the regions of the USA and Canada. The rise in the production of automobiles and growing applications in multiple verticals further boosts the industry value in this area.
Europe carbon fiber reinforced thermoplastic market is estimated to witness a noteworthy growth rate with the increasing automotive production and sales in countries like Germany, France, UK, Spain and others.
The Asia Pacific carbon fiber reinforced thermoplastic market is also projected to register a healthy compound annual growth rate in the coming years due to the augmenting population, resulting in more construction and building activities in the nations of India, China, Japan, Australia, and others.
Carbon Fiber Reinforced Thermoplastic Composites (CFRTP) market key players:
Major companies plying their trade in the Carbon Fiber Reinforced Thermoplastic Composites (CFRTP) market include Solvay S.A. (Belgium), Royal Ten Cate N.V. (Netherlands), Teijin Limited (Japan), Toray Industries, Inc. (Japan), SGL Group (Germany), Celanese Corporation (U.S.), Covestro AG (Germany), PolyOne Corporation (U.S.), PlastiComp, Inc. (U.S.), and Aerosud (South Africa), among others.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product Type
5.1.1 Introduction
5.1.2 Continuous
5.1.3 Long
5.1.4 Short
5.1.5 Y-o-Y Growth Analysis, By Product Type
5.1.6 Market Attractiveness Analysis, By Product Type
5.1.7 Market Share Analysis, By Product Type
5.2 Application
5.2.1 Introduction
5.2.2 Aerospace
5.2.3 Automotive
5.2.4 Consumer Durables
5.2.5 Y-o-Y Growth Analysis, By Application
5.2.6 Market Attractiveness Analysis, By Application
5.2.7 Market Share Analysis, By Application
5.3 Resin Type
5.3.1 Introduction
5.3.2 Polyetheretherketone
5.3.3 Polyamide
5.3.4 Polycarbonate
5.3.5 Polyphenylene Sulfide
5.3.6 Y-o-Y Growth Analysis, By Resin Type
5.3.7 Market Attractiveness Analysis, By Resin Type
5.3.8 Market Share Analysis, By Resin Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product Type
6.1.3.3 By Application
6.1.3.4 By Resin Type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product Type
6.1.4.3 By Application
6.1.4.4 By Resin Type
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product Type
6.1.5.3 By Application
6.1.5.4 By Resin Type
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Solvay S.A.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 BASF SE
8.3 Royal Ten Cate N.V.
8.4 DowDuPont
8.5 Teijin Limited
8.6 SGL Group
8.7 Toray Industries
8.8 Celanese Corporation
8.9 PolyOne Corporation
8.10 Covestro AG
8.11 Aerosud
8.12 Ineos Oxide
8.13 PlastiComp, Inc.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
