Global carbon fiber reinforced thermoplastic composites market value 2014-2025

Published by Statista Research Department, Jun 28, 2024
The global market for carbon fiber reinforced thermoplastic (CFRTP) composites had a value of some 2.75 billion U.S. dollars in 2015. It is forecast to increase to some 7.76 billion U.S. dollars by 2025. CFRTP composites have important applications in the automotive and aerospace sectors because these materials have a lower weight and strong impact strength, among other desirable traits.

Market value of carbon fiber reinforced thermoplastic composites worldwide from 2014 to 2025 (in million U.S. dollars)

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Release date

August 2019

Region

Worldwide

Survey time period

2014 and 2015

Supplementary notes

*Figures are forecast and have been estimated.

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