The North American market for carbon fiber reinforced thermoplastic (CFRTP) composites had an estimated value of some 1.38 billion U.S. dollars in 2018. It is forecast to increase to some 2.8 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 in North America 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 in North America from 2014 to 2025 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1036761/carbon-fiber-reinforced-thermoplastic-composites-market-value-north-america/
Statista. "Market value of carbon fiber reinforced thermoplastic composites in North America from 2014 to 2025 (in million U.S. dollars)." Chart. August 9, 2019. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1036761/carbon-fiber-reinforced-thermoplastic-composites-market-value-north-america/
Statista. (2019). Market value of carbon fiber reinforced thermoplastic composites in North America from 2014 to 2025 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1036761/carbon-fiber-reinforced-thermoplastic-composites-market-value-north-america/
Statista. "Market Value of Carbon Fiber Reinforced Thermoplastic Composites in North America from 2014 to 2025 (in Million U.S. Dollars)." Statista, Statista Inc., 9 Aug 2019, https://www.statista.com/statistics/1036761/carbon-fiber-reinforced-thermoplastic-composites-market-value-north-america/
Statista, Market value of carbon fiber reinforced thermoplastic composites in North America from 2014 to 2025 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1036761/carbon-fiber-reinforced-thermoplastic-composites-market-value-north-america/ (last visited December 22, 2024)
Market value of carbon fiber reinforced thermoplastic composites in North America from 2014 to 2025 (in million U.S. dollars) [Graph], Statista, August 9, 2019. [Online]. Available: https://www.statista.com/statistics/1036761/carbon-fiber-reinforced-thermoplastic-composites-market-value-north-america/