Global Automotive Carbon Thermoplastic
Market Report
2025
Automotive Carbon Thermoplastic Market size is USD 498.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 11.80% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Automotive Carbon Thermoplastic market size is USD 498.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 11.8% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Automotive Carbon Thermoplastic Market Sales Revenue | 121212 | 121212 | 121212 | 11.8% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Resin |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Automotive Carbon Thermoplastic industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Carbon Thermoplastic Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The automotive carbon thermoplastic market is a burgeoning sector within the automotive industry, characterized by the adoption of lightweight and high-performance materials for vehicle manufacturing. Carbon thermoplastics, composed of carbon fibers reinforced within a thermoplastic matrix, offer exceptional strength-to-weight ratios, durability, and corrosion resistance. These properties make them ideal for replacing traditional metals and plastics in automotive components, including body panels, chassis structures, interior trim, and under-the-hood applications. Driven by stringent emission regulations, fuel efficiency standards, and the pursuit of electric and hybrid vehicles, automakers increasingly turn to carbon thermoplastics to reduce vehicle weight, enhance fuel economy, and enhance overall performance. Additionally, advancements in manufacturing processes and material formulations are lowering production costs and expanding the application scope of carbon thermoplastics in the automotive sector.
Demand for Lightweight Materials to Increase the Demand Globally - One key driver in the Automotive Carbon Thermoplastic market is the demand for lightweight materials. The automotive industry's focus on minimizing vehicle weight to improve fuel efficiency and minimize emissions drives the demand for carbon thermoplastics. These materials provide a high strength-to-weight ratio, making them ideal for lightweight initiatives aimed at meeting stringent regulatory standards and consumer demands for more fuel-efficient vehicles. Advancements in Manufacturing Technologies- Innovations in carbon thermoplastic manufacturing processes, such as automated lay-up techniques and rapid prototyping methods, streamline production, reduce costs, and enhance design flexibility.
High Production Costs- Automotive carbon thermoplastics often involve expensive manufacturing processes and materials, limiting their widespread adoption in vehicle production and hindering cost competitiveness compared to traditional materials such as steel and aluminum. Limited Scalability- Challenges in scaling up production capacity for carbon thermoplastics restrict their availability for mass-market vehicles, constraining their adoption in the automotive industry.
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In June 2023, BASF and Avient collaborated to provide colored grades of the Ultrason high-performance polymers to the global market. This collaboration will benefit customers in different industries by offering comprehensive technical support from the base polymer to the final-colored product.
(Source: https://www.basf.com/in/en.html)
Top Companies Market Share in Automotive Carbon Thermoplastic Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue as the region hosts a significant automotive manufacturing base, with leading automakers increasingly adopting lightweight materials to improve fuel efficiency and meet stringent emissions standards. Additionally, North America boasts a well-established carbon fiber industry, providing a reliable supply chain for carbon thermoplastic materials. Furthermore, robust research and development initiatives and collaborations between industry players and academic institutions drive innovation and technology advancements in automotive carbon thermoplastics, further solidifying North America's dominance in the market.
Asia-Pacific stands out as the fastest-growing region in the Automotive Carbon Thermoplastic market due to the region's burgeoning automotive industry, driven by increasing vehicle production and demand, which fuels the adoption of lightweight materials like carbon thermoplastics to enhance fuel efficiency and reduce emissions. Additionally, supportive government policies promoting the use of eco-friendly materials further accelerate market growth. Moreover, the presence of key automotive manufacturers and a robust supply chain ecosystem contribute to the rapid expansion of the Automotive Carbon Thermoplastic Market in the Asia Pacific region.
The current report Scope analyzes Automotive Carbon Thermoplastic Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automotive Carbon Thermoplastic Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Carbon Thermoplastic Industry growth. Automotive Carbon Thermoplastic market has been segmented with the help of its Resin, Application , and others. Automotive Carbon Thermoplastic market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on current and emerging trends, the market size for the Automotive Carbon Thermoplastic industry is estimated from 2021 to 2032, with a detailed analysis of each Resin segment to identify the fastest-growing categories. The report offers both quantitative and qualitative analysis to uncover the driving factors behind the growth of specific segments, such as plant-based foods, functional beverages, organic products, or ready-to-eat meals. Key factors in Resin segment analysis include market growth rates, consumer preference shifts, technological advancements, pricing trends, and distribution channel performance for each segment. Additionally, regional demand patterns, supply chain dynamics, and regulatory impacts on each type are explored to provide a comprehensive understanding of the factors influencing growth within the food and beverages industry. This data will be included in the paid version of the report.
Resin of Automotive Carbon Thermoplastic analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Carbon Thermoplastic Industry. Request a Free Sample PDF!
According to Cognitive Market Research, interior application is the dominant category due to the material's unique properties that cater to interior design requirements. Carbon thermoplastics offer high strength-to-weight ratios, excellent durability, and aesthetic appeal, making them ideal for interior components such as door panels, dashboard trims, center consoles, and seat structures. Manufacturers prefer carbon thermoplastics for interior applications to enhance the vehicle's overall look, improve passenger comfort, and meet stringent safety standards. Moreover, the increasing demand for lightweight materials to improve fuel efficiency and minimize emissions further drives the adoption of carbon thermoplastics in automotive interiors, solidifying their dominance in this market segment.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two three years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
As a Research Analyst with over 3+ years of experience in market research and consumer insights, I specialize in delivering actionable, data-driven solutions across diverse industries, including Consumer Goods, Food & Beverage, and other domains as well. My expertise spans both primary and secondary research, allowing me to effectively analyze trends, assess market opportunities, and guide strategic decisions for clients.
I’ve successfully managed client queries, presales, and post-sales engagements, ensuring seamless communication and delivering high-quality insights that drive business growth. With a strong track record of working with both established brands and startups, I help organizations optimize strategies, enhance customer experiences, and unlock new growth opportunities.
Always eager to stay ahead of industry trends, I thrive in collaborative environments where research meets innovation. My focus is on turning complex data into clear, actionable insights that create real-world impact.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Carbon Thermoplastic Market is witnessing significant growth in the near future.
In 2023, the PA segment accounted for noticeable share of global Automotive Carbon Thermoplastic Market and is projected to experience significant growth in the near future.
The Exterior segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BASF , PlastiComp and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Resin | PA, PEEK, PPS, PC, PP, Others |
Application | Exterior, Interior, Chassis, Powertrain & UTH, Others |
List of Competitors | BASF, Cytec Solvay Group (US), PlastiComp, Inc. (US), DowAksa (Turkey), SGL Group (Germany), TORAY INDUSTRIES, INC. (Japan), TEIJIN LIMITED (Japan), Hexcel Corporation (US), Arkema S.A. (France), Mitsubishi Chemical Holdings Corporation (Japan), Covestro AG (Germany), Plasan Carbon Composites (US) |
This chapter will help you gain GLOBAL Market Analysis of Automotive Carbon Thermoplastic. Further deep in this chapter, you will be able to review Global Automotive Carbon Thermoplastic Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive Carbon Thermoplastic. Further deep in this chapter, you will be able to review North America Automotive Carbon Thermoplastic Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive Carbon Thermoplastic. Further deep in this chapter, you will be able to review Europe Automotive Carbon Thermoplastic Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive Carbon Thermoplastic. Further deep in this chapter, you will be able to review Asia Pacific Automotive Carbon Thermoplastic Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive Carbon Thermoplastic. Further deep in this chapter, you will be able to review South America Automotive Carbon Thermoplastic Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Carbon Thermoplastic. Further deep in this chapter, you will be able to review Middle East Automotive Carbon Thermoplastic Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Carbon Thermoplastic. Further deep in this chapter, you will be able to review Middle East Automotive Carbon Thermoplastic Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Automotive Carbon Thermoplastic. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Resin Analysis 2019 -2031, will provide market size split by Resin. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Resin Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Carbon Thermoplastic market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why PA have a significant impact on Automotive Carbon Thermoplastic market? |
What are the key factors affecting the PA and PEEK of Automotive Carbon Thermoplastic Market? |
What is the CAGR/Growth Rate of Exterior during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Carbon Thermoplastic Market? |
Which region is expected to dominate the global Automotive Carbon Thermoplastic Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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