Carbon Fiber Reinforced Thermoplastic Plastic (CFRTP)
Market
Carbon Fiber Reinforced Thermoplastic Plastic (CFRTP) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Carbon Fiber Reinforced Thermoplastic Plastic (CFRTP)
Market Size and Growth
The global Carbon Fiber Reinforced Thermoplastic Plastic (CFRTP) market is projected to grow at a significant CAGR over the forecast period. The market size for CFRTP is expected to reach a value of USD XX million by 2025, driven by increasing demand in aerospace, automotive, and other industries.
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Companies Covered (Covid 19 Impact Covered)
◍ Solvay S.A. (Belgium)
◍ Celanese Corporation (U.S.)
◍ Teijin Limited (Japan)
◍ Toray Industries, Inc. (Japan)
◍ SGL Group (Germany)
◍ Covestro AG (Germany)
◍ PolyOne Corporation (U.S.)
◍ PlastiComp, Inc. (U.S.)
◍ Aerosud (South Africa)
◍ Royal TenCate N.V. (Netherlands)
The CFRTP market is highly competitive with key players including Solvay, Celanese, Teijin, Toray, SGL Group, Covestro, PolyOne, PlastiComp, Aerosud, and Royal TenCate. These companies leverage CFRTP for various applications like automotive, aerospace, and consumer goods, contributing to market growth. Some sales revenue figures: Solvay - €10.24 billion, Teijin - ¥882 billion, Toray - ¥2.56 trillion.
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Market Segmentation
By Application
◍ Aerospace
◍ Automotive
◍ Consumer Durables
◍ Others
By Product
◍ Continuous Carbon Fiber
◍ Long Carbon Fiber
◍ Short Carbon Fiber
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$ X Billion USD
Market Growth
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