Carbon Fiber Filled Thermoplastics Market: By Raw Material (Polyacrylonitrile, Pitch) By Application (Automotive, Aerospace & Defense, Wind Turbines, Sports equipment, Construction, Marine Others) and Geography    

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Carbon Fiber Filled Thermoplastics Market size is valued at USD 704.7 million in 2021 and is poised to grow at a CAGR of 11.8% from 2024 - 2030. The report provides a detailed overview of the market that can be segmented by Raw Material and by Application. By raw material, the global carbon fiber-filled thermoplastics have been segmented into Polyacrylonitrile and pitch. The polyacrylonitrile segment is likely to be the largest and fastest-growing segment in terms of type. Based on application, the global carbon fiber-filled thermoplastics is segmented into automotive, aerospace and defense, Wind Turbines, Sports equipment, Construction, and Marine Others. Among these, the automotive segment is expected to have the fastest-growing market during the forecast period.

Carbon Fiber-Filled Thermoplastics Market Key Development:

In August 2019, A production and supply agreement for continuous fiber-reinforced thermoplastic for automotive and industrial applications was struck by BASF and Toray Advanced Composites.

Carbon Fiber Filled Thermoplastics Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

11.8%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Drivers And Restraints Carbon Fiber Filled Thermoplastics Market

Drivers: One of the key factors fueling the growth of the carbon fibre market is the spike in demand for lightweight automobiles around the globe. Increased demand for the material due to its superior performance qualities at very high temperatures and high preference drive the market growth in the aerospace, defence, and energy and power sectors.

Key Features of the Reports

  • The carbon fiber filled thermoplastics market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Carbon Fiber Filled Thermoplastics Market Segmentation

By Raw Material
  •  Polyacrylonitrile
  • Pitch
By Application
  •  Automotive
  • Aerospace & Defense
  • Wind Turbines
  • Sports equipment
  • Construction
  • Marine Others

Frequently Asked Questions

The global carbon fiber-filled thermoplastics size is valued at USD 704.7 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028.  

High production and raw material costs are anticipated to restrain market expansion.  

The key players in the market are LANXESS, Solvay, PolyOne Corporation, RTP Company, Celanese Corporation, Avient Corporation, Daicel Corporation, Sumitomo Bakelite Co., Ltd., Mitsubishi Chemical Corporation, PPG Industries, Inc., Asahi Kasei Corporation, SABIC, Owens Corning, TORAY INDUSTRIES, INC., BASF SE, Polymer Group Ltd, SGL Carbon, SKYi Composites Pvt. Ltd., Great Eastern Resins Industrial Co. Ltd. and JNC Corporation.

1. Executive Summary
2. Global Carbon Fiber Filled Thermoplastics Market Introduction
2.1. Global Carbon Fiber Filled Thermoplastics Market Taxonomy
2.2. Global Carbon Fiber Filled Thermoplastics Market Definitions
2.2.1. By Raw Material
2.2.2. By Application
2.2.3. By Region
3. Global Carbon Fiber Filled Thermoplastics Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Carbon Fiber Filled Thermoplastics Market Dynamic Factors - Impact Analysis
3.6. Global Carbon Fiber Filled Thermoplastics Market Competition Landscape
4. Global Carbon Fiber Filled Thermoplastics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Carbon Fiber Filled Thermoplastics Market, By Raw Material, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT) 
5.1. Polyacrylonitrile
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Pitch
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Carbon Fiber Filled Thermoplastics Market, By Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT) 
6.1. Automotive
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Aerospace & Defense
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Wind Turbines
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Sports equipment
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Construction
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Marine
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
6.7. Others
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.7.3. Market Opportunity Analysis
7. Global Carbon Fiber Filled Thermoplastics Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT) 
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Carbon Fiber Filled Thermoplastics Market - Opportunity Analysis Index, By Raw Material, Application, and Region, 2024 - 2030
8. North America Carbon Fiber Filled Thermoplastics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT) 
8.1. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Polyacrylonitrile
8.1.2. Pitch
8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.2.1. Automotive
8.2.2. Aerospace & Defense
8.2.3. Wind Turbines
8.2.4. Sports equipment
8.2.5. Construction
8.2.6. Marine
8.2.7. Others
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Carbon Fiber Filled Thermoplastics Market - Opportunity Analysis Index, By Raw Material, Application, and Country, 2024 - 2030
8.5. North America Carbon Fiber Filled Thermoplastics Market Dynamics Trends
9. Europe Carbon Fiber Filled Thermoplastics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT) 
9.1. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Polyacrylonitrile
9.1.2. Pitch
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Automotive
9.2.2. Aerospace & Defense
9.2.3. Wind Turbines
9.2.4. Sports equipment
9.2.5. Construction
9.2.6. Marine
9.2.7. Others
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Rest of Europe
9.4. Europe Carbon Fiber Filled Thermoplastics Market - Opportunity Analysis Index, By Raw Material, Application, and Country, 2024 - 2030
9.5. Europe Carbon Fiber Filled Thermoplastics Market Dynamics Trends
10. Asia-Pacific Carbon Fiber Filled Thermoplastics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT) 
10.1. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Polyacrylonitrile
10.1.2. Pitch
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Automotive
10.2.2. Aerospace & Defense
10.2.3. Wind Turbines
10.2.4. Sports equipment
10.2.5. Construction
10.2.6. Marine
10.2.7. Others
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. China
10.3.2. India
10.3.3. Japan
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Carbon Fiber Filled Thermoplastics Market - Opportunity Analysis Index, By Raw Material, Application, and Country, 2024 - 2030
10.5. Asia-Pacific Carbon Fiber Filled Thermoplastics Market Dynamics Trends
11. Latin America Carbon Fiber Filled Thermoplastics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT)
11.1. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Polyacrylonitrile
11.1.2. Pitch
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Automotive
11.2.2. Aerospace & Defense
11.2.3. Wind Turbines
11.2.4. Sports equipment
11.2.5. Construction
11.2.6. Marine
11.2.7. Others
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Carbon Fiber Filled Thermoplastics Market - Opportunity Analysis Index, By Raw Material, Application, and Country, 2024 - 2030
11.5. Latin America Carbon Fiber Filled Thermoplastics Market Dynamics Trends
12. Middle East and Africa Carbon Fiber Filled Thermoplastics Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) (Volume, 000 MT) 
12.1. Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Polyacrylonitrile
12.1.2. Pitch
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Automotive
12.2.2. Aerospace & Defense
12.2.3. Wind Turbines
12.2.4. Sports equipment
12.2.5. Construction
12.2.6. Marine
12.2.7. Others
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Carbon Fiber Filled Thermoplastics Market - Opportunity Analysis Index, By Raw Material, Application, and Country, 2024 - 2030
12.5. MEA Carbon Fiber Filled Thermoplastics Market Dynamics Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Raw Material Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Toray Industries Inc.
13.2.2. Solvay S.A.
13.2.3. SGL Group
13.2.4. Hexel Corporation
13.2.5. Royal TenCate N.V.
13.2.6. Teijin Limited
13.2.7. BASF SE
13.2.8. PlastiComp Inc.
13.2.9. Formosa M Co. Ltd
13.2.10. Nikkiso Co. Ltd
14. Research Methodology
15. Key Assumptions and Acronyms
  • Toray Industries Inc.
  • Solvay S.A.
  • SGL Group
  • Hexel Corporation
  • Royal TenCate N.V.
  • Teijin Limited
  • BASF SE
  • PlastiComp Inc.
  • Formosa M Co. Ltd
  • Nikkiso Co. Ltd

Adjacent Markets