Global Carbon Thermoplastic Composites Market - Market Size, Share & Industry Trends, Growth Analysis Report By Product Type, By Application and Forecast 2019 - 2025


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Introduction
Carbon Thermoplastic Composites Market was valued at USD XX Billion in 2019 and is projected to reach USD XX billion by 2025, at a CAGR of XX% from 2020-2025. Due to growing demand of lightweight material in automotive sector Carbon Thermoplastic Composites market are on a rise.
Carbon Thermoplastic Composites. Additionally, Carbon Thermoplastic Composites are highly durable and helps to reducing weight of vehicle ultimately result in producing fuel efficient vehicles by automotive manufacturer and products produced by other end user are also major driving factors for the Carbon Thermoplastic Composites Market.
On the other hand, high cost of material and product, are some of the restraining factor this Market.
Geographical Overview
At a global level, the North America region was holding the highest market share in 2018. Whereas, European region is considered the fastest-growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. In Asia pacific region China and India are offering ample opportunities for the growth of Carbon Thermoplastic Composites Market with its high population base and increase in demand of automobiles are key factors.
Segmental Overview
Carbon Thermoplastic Composites Market is segmented as per below specifications -
By Raw Material:
• Polyacrylonitrile (PAN)-based CFRTP
• Pitch-based CFRTP
By Resin Type:
• Polyetherimide
• Polyetheretherketone
• Polycarbonate
• Polyphenylene Sulfide
By Application:
• Aerospace
• Automotive
• Construction
• Consumer Durables
• Wind Turbines
• Marine
• Others
Competitor Analysis
Carbon Thermoplastic Composites Market has presence of some of the key major players across globe which includes
• BASF SE
• SGL Group
• Cytec Solvay Group
• Toray Industries, Inc.
• E. I. Du Pont De Nemours and Company
• Hexcel Corporation
• Teijin Limited
• Mitsubishi Rayon Co., Ltd.
• Gurit Holding AG
• Saudi Basic Industries Corporation (SABIC)
• Hyosung Corporation
• Kringlan Composites AG
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is Carbon Thermoplastic Composites Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations