Market Overview:
The global carbon thermoplastic market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for carbon thermoplastics from various end-use industries, such as automotive, construction, and consumer goods. Carbon thermoplastics are used in a wide range of applications owing to their properties such as high strength-to-weight ratio, chemical resistance, and thermal stability. These plastics are also recyclable and have low environmental impact. Some of the key players operating in this market include BASF SE (Germany), SABIC (Saudi Arabia), Solvay SA (Belgium), Evonik Industries AG (Germany), LyondellBasell Industries Holdings BV (Netherlands), INEOS Group AG (U.K.), Chevron Phillips Chemical Company LLC(U.S.), Formosa Plastics Corporation USA(U.S.
Product Definition:
A carbon thermoplastic is a polymer that contains carbon black filler. Carbon thermoplastics are used in applications where high strength, rigidity, and heat resistance are required.
PP:
Polypropylene is a thermoplastic polymer. It is produced from propylene and oxygen. PP, its commercial form, has higher purity (95%) than other forms of PP such as HDPP and LDPE. Polypropylene can be recycled several times without any significant loss in quality or strength. It also has the highest recycling rate among all plastics; over 90%.
PPS:
Polypropylene Styrene (PPS) is a thermoplastic polymer, which is widely used in the automotive and electrical & electronics industries. It offers high impact resistance, excellent chemical & temperature resistance along with easy processing characteristics. PPS has replaced other engineering plastics such as polystyrene and acrylonitrile butadiene styrene in various applications including packaging, consumer goods, construction and medical devices owing to its superior properties.
Application Insights:
Automotive was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Increasing demand for lightweight and high-performance materials has resulted in an increased use of carbon thermoplastics in automotive applications.
The growing automotive industry, particularly in emerging markets such as India, China and Brazil is expected to drive product demand over the forecast period. In addition, stringent regulations on vehicle emissions are anticipated to further propel market growth from 2018 to 2030. Other key end-use industries include consumer goods and construction where carbon thermoplastics are used for manufacturing products with superior properties including impact resistance, wear & corrosion resistance along with low maintenance cost compared to metals or alloys.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is also projected to register a significant CAGR from 2018 to 2030 owing to rapid industrialization, strong economic growth, and favorable government policies in China and India. In addition, rising disposable income levels are likely to boost product demand across consumer goods applications in these countries.
North America emerged as the second-largest regional market for carbon thermoplastic products due high product availability along with growing automotive production mainly in U.S.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand from the automotive industry: The global automotive market is expected to grow at a CAGR of 4.5% during the forecast period, which is expected to drive the demand for carbon thermoplastic products.
- Growing demand for lightweight materials: Carbon thermoplastic products are lightweight and have high strength-to-weight ratios, making them ideal for use in various applications such as aerospace, defense, and transportation. This is expected to drive their demand over the next few years.
- Rising awareness about environmental benefits: Carbon thermoplastics are made from sustainable resources and offer environmental benefits such as reduced energy consumption and emissions when compared with traditional plastics materials such as polypropylene (PP) and polyethylene (PE). This is likely to boost their adoption in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Carbon Thermoplastic Market Research Report
By Type
PP, PPS, PEEK, Others
By Application
Automotive, Consumer Goods, Construction, Others
By Companies
BASF SE, Celanese Corporation, Cytec Industries, E. I. Du Pont, The Dow Chemical, Environmental Composites, Fiberforge, Gurit Holding, Quickstep Holdings Limited, Saudi Basic Industries, BASF SE, Teijin, Tencate, Toray Industries, Zoltek
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Carbon Thermoplastic Market Report Segments:
The global Carbon Thermoplastic market is segmented on the basis of:
Types
PP, PPS, PEEK, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Consumer Goods, Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF SE
- Celanese Corporation
- Cytec Industries
- E. I. Du Pont
- The Dow Chemical
- Environmental Composites
- Fiberforge
- Gurit Holding
- Quickstep Holdings Limited
- Saudi Basic Industries
- BASF SE
- Teijin
- Tencate
- Toray Industries
- Zoltek
Highlights of The Carbon Thermoplastic Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PP
- PPS
- PEEK
- Others
- By Application:
- Automotive
- Consumer Goods
- Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carbon Thermoplastic Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carbon thermoplastic is a type of plastic that is made from carbon-based materials. This type of plastic can be heat-treated to make it stronger and more durable than other types of plastics.
Some of the key players operating in the carbon thermoplastic market are BASF SE, Celanese Corporation, Cytec Industries, E. I. Du Pont, The Dow Chemical, Environmental Composites, Fiberforge, Gurit Holding, Quickstep Holdings Limited, Saudi Basic Industries, BASF SE, Teijin, Tencate, Toray Industries, Zoltek.
The carbon thermoplastic market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carbon Thermoplastic Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Carbon Thermoplastic Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Carbon Thermoplastic Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Carbon Thermoplastic Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Carbon Thermoplastic Market Size & Forecast, 2018-2028
4.5.1 Carbon Thermoplastic Market Size and Y-o-Y Growth
4.5.2 Carbon Thermoplastic Market Absolute $ Opportunity
Chapter 5 Global Carbon Thermoplastic Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Carbon Thermoplastic Market Size Forecast by Type
5.2.1 PP
5.2.2 PPS
5.2.3 PEEK
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Carbon Thermoplastic Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Carbon Thermoplastic Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Consumer Goods
6.2.3 Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carbon Thermoplastic Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carbon Thermoplastic Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Carbon Thermoplastic Analysis and Forecast
9.1 Introduction
9.2 North America Carbon Thermoplastic Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Carbon Thermoplastic Market Size Forecast by Type
9.6.1 PP
9.6.2 PPS
9.6.3 PEEK
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Carbon Thermoplastic Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Consumer Goods
9.10.3 Construction
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Carbon Thermoplastic Analysis and Forecast
10.1 Introduction
10.2 Europe Carbon Thermoplastic Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Carbon Thermoplastic Market Size Forecast by Type
10.6.1 PP
10.6.2 PPS
10.6.3 PEEK
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Carbon Thermoplastic Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Consumer Goods
10.10.3 Construction
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Carbon Thermoplastic Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Carbon Thermoplastic Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Carbon Thermoplastic Market Size Forecast by Type
11.6.1 PP
11.6.2 PPS
11.6.3 PEEK
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Carbon Thermoplastic Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Consumer Goods
11.10.3 Construction
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Carbon Thermoplastic Analysis and Forecast
12.1 Introduction
12.2 Latin America Carbon Thermoplastic Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Carbon Thermoplastic Market Size Forecast by Type
12.6.1 PP
12.6.2 PPS
12.6.3 PEEK
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Carbon Thermoplastic Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Consumer Goods
12.10.3 Construction
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Carbon Thermoplastic Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Carbon Thermoplastic Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Carbon Thermoplastic Market Size Forecast by Type
13.6.1 PP
13.6.2 PPS
13.6.3 PEEK
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Carbon Thermoplastic Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Consumer Goods
13.10.3 Construction
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carbon Thermoplastic Market: Competitive Dashboard
14.2 Global Carbon Thermoplastic Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE
14.3.2 Celanese Corporation
14.3.3 Cytec Industries
14.3.4 E. I. Du Pont
14.3.5 The Dow Chemical
14.3.6 Environmental Composites
14.3.7 Fiberforge
14.3.8 Gurit Holding
14.3.9 Quickstep Holdings Limited
14.3.10 Saudi Basic Industries
14.3.11 BASF SE
14.3.12 Teijin
14.3.13 Tencate
14.3.14 Toray Industries
14.3.15 Zoltek
