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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Statista. (August 9, 2019). Market value of carbon fiber reinforced thermoplastic composites worldwide from 2014 to 2025 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1036742/global-carbon-fiber-reinforced-thermoplastic-composites-market-value/
Statista. "Market value of carbon fiber reinforced thermoplastic composites worldwide from 2014 to 2025 (in million U.S. dollars)." Chart. August 9, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1036742/global-carbon-fiber-reinforced-thermoplastic-composites-market-value/
Statista. (2019). Market value of carbon fiber reinforced thermoplastic composites worldwide from 2014 to 2025 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1036742/global-carbon-fiber-reinforced-thermoplastic-composites-market-value/
Statista. "Market Value of Carbon Fiber Reinforced Thermoplastic Composites Worldwide from 2014 to 2025 (in Million U.S. Dollars)." Statista, Statista Inc., 9 Aug 2019, https://www.statista.com/statistics/1036742/global-carbon-fiber-reinforced-thermoplastic-composites-market-value/
Statista, Market value of carbon fiber reinforced thermoplastic composites worldwide from 2014 to 2025 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1036742/global-carbon-fiber-reinforced-thermoplastic-composites-market-value/ (last visited December 21, 2024)
Market value of carbon fiber reinforced thermoplastic composites worldwide from 2014 to 2025 (in million U.S. dollars) [Graph], Statista, August 9, 2019. [Online]. Available: https://www.statista.com/statistics/1036742/global-carbon-fiber-reinforced-thermoplastic-composites-market-value/