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North American CFRTP composites market value 2014-2025

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

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Release date

August 2019


North America

Survey time period

2014 and 2015

Supplementary notes

*Forecast. All figures are estimates.

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