Automotive Carbon Thermoplastics Market
Automotive Carbon Thermoplastics Market Scope:
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Automotive Carbon Thermoplastics Market Size and Growth
The Automotive Carbon Thermoplastics market is experiencing robust growth, driven by increasing demand for lightweight and fuel-efficient vehicles. As of 2023, the market size is projected to reach approximately $1.5 billion, with a compound annual growth rate (CAGR) of around 10% over the next five years, reflecting innovation in materials and manufacturing.
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Companies Covered
(Covid 19 Impact Covered)
◍ BASF SE
◍ Celanese Corporation
◍ Teijin Ltd
◍ Tencate
◍ the Dow Chemical Company
◍ Cytec Solvay
◍ Du Pont
◍ SGL Group
◍ Gurit Holding Ag
◍ Quickstep Holdings Limited
◍ Saudi Basic Industries Corporation
◍ Toray Industries Inc.
The Automotive Carbon Thermoplastics Market features key players like BASF SE, Celanese Corporation, and Teijin Ltd, which innovate in lightweight materials enhancing vehicle performance. Companies like Dow and Du Pont contribute through advanced composite solutions. Revenue figures include BASF ($78 billion), Celanese ($7.3 billion), and Toray ($18 billion).
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Market Segmentation
By Application
◍ Exterior
◍ Interior
◍ Chassis
◍ Powertrain & UTH
By Product
◍ Polyamide (PA)
◍ Polypropylene (PP)
◍ Polyphenylene Sulfide (PPS)
◍ Polyetherimide (PEI)
◍ Polyether Ether Ketone (PEEK)
◍ Polycarbonate (PC)
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Market Growth
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$ X Billion USD
