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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Market value 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 September 01, 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 September 01, 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: September 01, 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 September 01, 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/