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    US Carbon Thermoplastic Composites Market

    ID: MRFR/CnM/15421-HCR
    100 Pages
    MRFR Team
    October 2025

    US Thermoplastic Composites Market US Thermoplastic Composites Market Research Report: By Resin Type (Polyamide, Polypropylene, PEEK, Hybrid, Others), By Fiber Type (Glass Fiber, Carbon Fiber, Others), By Product Type (SFT, LFT, CFT, GMT) and By Application (Aerospace & Défense, Automotive & Transportation, Consumer Goods, Others) - Forecast to 2035

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    US Carbon Thermoplastic Composites Market Infographic
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    US Carbon Thermoplastic Composites Market Summary

    As per MRFR analysis, the US carbon thermoplastic-composites market size was estimated at 1600.0 USD Million in 2024. The US carbon thermoplastic-composites market is projected to grow from 1807.04 USD Million in 2025 to 6100.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 12.94% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US carbon thermoplastic-composites market is poised for substantial growth driven by sustainability and technological advancements.

    • The market is increasingly influenced by a focus on sustainability, with manufacturers prioritizing eco-friendly materials.
    • Technological advancements are enhancing the performance and application range of carbon thermoplastic-composites, particularly in the automotive sector.
    • The aerospace segment is experiencing rapid growth, driven by the need for lightweight and durable materials.
    • Rising demand in the automotive sector and advancements in recycling technologies are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 1600.0 (USD Million)
    2035 Market Size 6100.0 (USD Million)

    Major Players

    Toray Industries (JP), SABIC (SA), Solvay (BE), Hexcel Corporation (US), Teijin Limited (JP), Mitsubishi Chemical Corporation (JP), BASF SE (DE), Cytec Industries (US), 3M Company (US)

    US Carbon Thermoplastic Composites Market Trends

    The carbon thermoplastic-composites market is currently experiencing a notable transformation, driven by advancements in material science and increasing demand across various industries. These composites, known for their lightweight and high-strength properties, are becoming increasingly popular in sectors such as automotive, aerospace, and construction. The shift towards sustainable materials is also influencing this market, as manufacturers seek to reduce their environmental footprint while maintaining performance standards. Innovations in processing techniques are enhancing the efficiency of production, which may lead to broader adoption and application of these materials. In addition, the regulatory landscape is evolving, with stricter guidelines promoting the use of eco-friendly materials. This trend appears to encourage investment in research and development, fostering a competitive environment among manufacturers. As companies strive to meet consumer expectations for sustainability, the carbon thermoplastic-composites market is likely to witness significant growth. The interplay between technological advancements and regulatory pressures suggests a dynamic future for this sector, with potential for new applications and increased market penetration.

    Sustainability Focus

    The emphasis on sustainable practices is reshaping the carbon thermoplastic-composites market. Companies are increasingly prioritizing eco-friendly materials and processes, responding to consumer demand for greener products. This trend is likely to drive innovation in material development, as manufacturers seek to create composites that not only perform well but also minimize environmental impact.

    Technological Advancements

    Ongoing advancements in processing technologies are enhancing the capabilities of carbon thermoplastic-composites. Innovations such as improved manufacturing techniques and automation are streamlining production, potentially reducing costs and increasing efficiency. This trend may lead to wider adoption across various industries, as companies look to leverage the benefits of these advanced materials.

    Regulatory Influences

    The regulatory environment is becoming increasingly stringent, with new guidelines promoting the use of advanced materials in various applications. This shift is likely to encourage manufacturers to invest in research and development, aiming to comply with regulations while also meeting market demands. As a result, the carbon thermoplastic-composites market may experience accelerated growth driven by compliance and innovation.

    US Carbon Thermoplastic Composites Market Drivers

    Growth in Aerospace Applications

    The aerospace industry is increasingly recognizing the advantages of carbon thermoplastic-composites, particularly in the production of aircraft components. These materials offer high strength-to-weight ratios, which are essential for enhancing fuel efficiency and performance. In 2025, the aerospace sector is expected to represent around 25% of the carbon thermoplastic-composites market. The ongoing trend towards the use of composite materials in aircraft design is driven by the need for lighter, more fuel-efficient aircraft. Additionally, the ability to manufacture complex shapes and structures with carbon thermoplastic-composites allows for innovative designs that can improve aerodynamics. As airlines seek to reduce operational costs and meet environmental standards, the adoption of carbon thermoplastic-composites is likely to expand, thereby boosting the market.

    Rising Demand in Automotive Sector

    The automotive sector is experiencing a notable shift towards lightweight materials, which enhances fuel efficiency and reduces emissions. The carbon thermoplastic-composites market is poised to benefit from this trend, as manufacturers increasingly adopt these materials for vehicle components. In 2025, the automotive industry is projected to account for approximately 30% of the total demand for carbon thermoplastic-composites. This shift is driven by the need for improved performance and sustainability, as automakers strive to meet stringent environmental regulations. The lightweight nature of carbon thermoplastic-composites allows for better fuel economy, which is becoming a critical factor for consumers. As electric vehicles gain traction, the demand for advanced materials that contribute to overall vehicle efficiency is likely to rise, further propelling the carbon thermoplastic-composites market.

    Advancements in Recycling Technologies

    The carbon thermoplastic-composites market is witnessing advancements in recycling technologies, which are crucial for promoting sustainability and reducing waste. As environmental concerns become more pronounced, the ability to recycle composite materials is gaining traction. In 2025, the recycling of carbon thermoplastic-composites is expected to account for approximately 5% of the market, reflecting a growing emphasis on circular economy principles. Innovations in recycling processes, such as chemical recycling and reprocessing techniques, are enabling manufacturers to reclaim valuable materials and reduce production costs. This trend not only supports environmental goals but also enhances the overall appeal of carbon thermoplastic-composites in various industries. As companies adopt more sustainable practices, the market is likely to benefit from increased demand for recycled materials.

    Emerging Applications in Consumer Electronics

    The consumer electronics sector is increasingly adopting carbon thermoplastic-composites due to their lightweight and durable properties. As devices become more compact and portable, manufacturers are seeking materials that can withstand wear and tear while maintaining performance. In 2025, the consumer electronics industry is anticipated to contribute around 10% to the carbon thermoplastic-composites market. The versatility of these materials allows for their use in various applications, including casings, structural components, and internal parts. As consumer demand for high-performance electronics continues to grow, the integration of carbon thermoplastic-composites is likely to expand, providing manufacturers with a competitive edge in terms of product durability and design flexibility.

    Increased Investment in Research and Development

    Investment in research and development (R&D) within the carbon thermoplastic-composites market is on the rise, as companies seek to innovate and improve material properties. This trend is particularly evident in the US, where significant funding is directed towards developing new formulations and processing techniques. In 2025, R&D expenditures in this sector are projected to increase by approximately 15%, reflecting the industry's commitment to enhancing performance and sustainability. Innovations in processing methods, such as automated manufacturing and advanced recycling techniques, are expected to drive efficiency and reduce costs. As companies strive to differentiate their products in a competitive market, the focus on R&D is likely to yield new applications and expand the overall market for carbon thermoplastic-composites.

    Market Segment Insights

    US Thermoplastic Composites Market Segment Insights:

    US Thermoplastic Composites Market Segment Insights:

    Thermoplastic Composites Market Resin Type Insights

    Thermoplastic Composites Market Resin Type Insights

    The Resin Type segment of the US Thermoplastic Composites Market plays a crucial role in shaping the industry's landscape and growth trajectory. This segment encompasses various materials, each contributing distinctive properties that enhance performance across a multitude of applications. Polyamide, for instance, is notable for its excellent mechanical strength and thermal resistance, making it particularly appealing in automotive and industrial applications that require durability and reliability. On the other hand, Polypropylene is recognized for its lightweight nature and cost-effectiveness, serving as a popular choice in the packaging, consumer goods, and automotive sectors, where reducing weight without sacrificing strength is essential.

    PEEK (Polyether Ether Ketone), widely regarded for its superior thermal and chemical stability, dominates the high-performance segment, frequently utilized in industries like aerospace and medical technology, where stringent regulations and high standards apply. Hybrid composites combine different materials to inherit the advantages of each, presenting significant innovation opportunities within the market by catering to various application needs with tailored solutions.

    Lastly, other resin types also contribute to the diverse offerings within the US Thermoplastic Composites Market, addressing specific requirements across niche markets, thereby expanding the overall market scope.As the market continues to evolve, the growing demand for lightweight and high-strength materials is anticipated to propel advancements and innovations within these resin types. Trends such as sustainability and recycling processes are increasingly influencing material selection, pushing manufacturers to explore eco-friendlier options and promote the circular economy.

    Some challenges, including fluctuating raw material costs and stringent regulatory standards, could impact production; however, the continuous research and development efforts within the industry aim to address these hurdles effectively. Overall, the diverse Resin Type segment underscores a dynamic aspect of the US Thermoplastic Composites Market, with each resin playing a pivotal role in meeting the varied demands of modern applications while driving the market's future growth.

    Thermoplastic Composites Market Fiber Type Insights

    Thermoplastic Composites Market Fiber Type Insights

    The Fiber Type segment of the US Thermoplastic Composites Market plays a crucial role in defining the overall industry's growth trajectory. This segment is primarily divided into key categories such as Glass Fiber, Carbon Fiber, and Others, each contributing distinct properties that enhance the performance of thermoplastic composites. Glass Fiber is recognized for its excellent tensile strength and cost-effectiveness, making it a popular choice in various applications, including automotive and construction.

    Carbon Fiber stands out for its impressive strength-to-weight ratio, defining its significance in high-performance applications such as aerospace and sporting goods.Additionally, the Others category encompasses various innovative fibers, contributing to diverse applications and specialized performance characteristics. The market dynamics in this segment are significantly driven by a growing demand for lightweight materials and the need for improving fuel efficiency in transportation. The rising focus on sustainability and recyclability in material selection further influences the advancements within the Fiber Type segment.

    As industries continue to evolve, the US Thermoplastic Composites Market segmentation will reflect changing consumer preferences and technological advancements, paving the way for growth and innovation in the sector.

    Thermoplastic Composites Market Product Type Insights

    Thermoplastic Composites Market Product Type Insights

    The US Thermoplastic Composites Market under the Product Type segment demonstrates significant growth potential, driven by the demand for lightweight and durable materials across various industries, including automotive, aerospace, and construction. Within this segment, LFT (Long Fiber Thermoplastics) is particularly important due to its exceptional strength-to-weight ratio, making it ideal for automotive applications. SFT (Short Fiber Thermoplastics) also plays a critical role, providing cost-effective solutions for mass production while ensuring adequate mechanical properties.Meanwhile, GMT (Glass Mat Thermoplastics) is recognized for its high impact resistance and thermal stability, which are essential for applications requiring structural integrity.

    CFT (Continuous Fiber Thermoplastics) is gaining traction as it combines the benefits of continuous fiber reinforcement with the processing advantages of thermoplastics, thereby enabling the production of complex geometries and reducing manufacturing time. The evolving landscape of materials technology, led by advancements in processing techniques and recycling capabilities, further enhances the appeal of these product types.Overall, the diverse offerings within the Product Type segment of the US Thermoplastic Composites Market illustrate the industry's commitment to innovation and sustainability in meeting modern engineering challenges.

    Thermoplastic Composites Market Application Insights

    Thermoplastic Composites Market Application Insights

    The Application segment of the US Thermoplastic Composites Market showcases a diverse range of uses, highlighting its significant impact across various industries. In Aerospace and Defense, thermoplastic composites are pivotal due to their lightweight and high-strength properties, essential for enhancing aircraft performance and fuel efficiency. The Automotive and Transportation sector increasingly adopts these materials to reduce vehicle weight, thereby improving fuel economy and reducing emissions, which aligns with strict US environmental regulations.Consumer Goods also sees rising utilization as manufacturers seek to create lighter, more durable products while pursuing sustainable practices.

    Additionally, the 'Others' category encompasses applications in sectors such as construction and electrical, which capitalize on the versatility of thermoplastic composites to innovate and enhance material performance. With trends leaning towards lightweight materials and sustainability, the US Thermoplastic Composites Market segmentation is poised for growth as industries transition to advanced materials that meet both performance and regulatory demands.

    Get more detailed insights about US Carbon Thermoplastic Composites Market

    Key Players and Competitive Insights

    The carbon thermoplastic-composites market exhibits a dynamic competitive landscape, characterized by rapid innovation and strategic maneuvers among key players. Companies such as Toray Industries (Japan), SABIC (Saudi Arabia), and Hexcel Corporation (US) are at the forefront, each adopting distinct strategies to enhance their market positioning. Toray Industries (Japan) emphasizes innovation in lightweight materials, focusing on applications in the aerospace and automotive sectors, while SABIC (Saudi Arabia) leverages its extensive petrochemical expertise to develop sustainable composite solutions. Hexcel Corporation (US) is actively pursuing partnerships to expand its product offerings, particularly in the aerospace industry, thereby enhancing its competitive edge. Collectively, these strategies contribute to a robust competitive environment, driving advancements in material performance and sustainability.

    Key business tactics within the market include localizing manufacturing and optimizing supply chains to enhance responsiveness to customer demands. The competitive structure appears moderately fragmented, with several players vying for market share. However, the influence of major companies is substantial, as they set industry standards and drive technological advancements. This competitive interplay fosters an environment where innovation is paramount, compelling smaller firms to adapt or collaborate with larger entities to remain relevant.

    In September 2025, Toray Industries (Japan) announced a strategic partnership with a leading automotive manufacturer to develop next-generation carbon thermoplastic composites aimed at reducing vehicle weight and enhancing fuel efficiency. This collaboration underscores Toray's commitment to sustainability and innovation, positioning it as a key player in the automotive sector's transition towards greener technologies. The partnership is likely to yield significant advancements in composite materials, potentially setting new benchmarks for performance and environmental impact.

    In October 2025, SABIC (Saudi Arabia) unveiled a new line of bio-based thermoplastic composites designed for use in consumer goods and packaging applications. This initiative reflects SABIC's strategic focus on sustainability and aligns with global trends towards eco-friendly materials. By diversifying its product portfolio, SABIC not only addresses growing consumer demand for sustainable options but also strengthens its market position against competitors who may lag in this area.

    In August 2025, Hexcel Corporation (US) expanded its production capabilities by investing in a new facility dedicated to advanced composite manufacturing. This strategic move aims to enhance production efficiency and meet the increasing demand from the aerospace sector. By bolstering its manufacturing capacity, Hexcel positions itself to capitalize on the anticipated growth in aerospace applications, thereby reinforcing its competitive stance in the market.

    As of November 2025, current competitive trends indicate a pronounced shift towards digitalization, sustainability, and the integration of AI technologies within the carbon thermoplastic-composites market. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to drive innovation. The competitive differentiation is likely to evolve, moving away from traditional price-based competition towards a focus on technological advancements, supply chain reliability, and sustainable practices. This transition suggests that companies prioritizing innovation and sustainability will be better positioned to thrive in the evolving market.

    Key Companies in the US Carbon Thermoplastic Composites Market market include

    Industry Developments

    The US Thermoplastic Composites Market has seen significant activity recently, with companies like BASF and Park Aerospace investing heavily in Research and Development to boost product innovation and sustainability. In August 2023, Northrop Grumman announced a collaboration with Teijin to enhance composite capabilities for aerospace applications. Companies such as General Electric and Hexcel are engaging in strategic partnerships to improve production facilities aimed at increasing capacity and efficiency.

    Additionally, there was a noteworthy acquisition in July 2023, where Mitsubishi Chemical acquired a major stake in a composite manufacturer focused on automotive applications, which is expected to strengthen its foothold in the growing electric vehicle market. Recent reports estimate substantial growth in the market valuation of US Thermoplastic Composites, attributed to an increasing demand in aerospace and automotive sectors, which is expected to impact various players positively, including SABIC and Evonik Industries.

    Moreover, the last two years have seen heightened interest in sustainability, leading to advancements in recycling technologies related to thermoplastic composites, signaling a shift towards eco-friendliness across the industry. This evolving landscape is indicative of the market's resilience and adaptability in the face of new challenges and opportunities.

    Future Outlook

    US Carbon Thermoplastic Composites Market Future Outlook

    The carbon thermoplastic-composites market is projected to grow at a 12.94% CAGR from 2024 to 2035, driven by advancements in manufacturing technologies and increasing demand in automotive applications.

    New opportunities lie in:

    • Development of lightweight automotive components for enhanced fuel efficiency.
    • Investment in recycling technologies for thermoplastic composites to reduce waste.
    • Expansion into aerospace applications to leverage high-performance material properties.

    By 2035, the market is expected to achieve substantial growth, driven by innovation and diverse applications.

    Market Segmentation

    US Carbon Thermoplastic Composites Market application Outlook

    • automotive
    • aerospace & defense
    • sports equipment
    • wind turbines
    • marine
    • construction

    US Carbon Thermoplastic Composites Market raw material Outlook

    • PITCH-based
    • PAN-based

    US Carbon Thermoplastic Composites Market thermoplastic resin Outlook

    • polyetherimide (PEI)
    • polyether ether ketone (PEEK)
    • polyaryletherketone (PAEK)
    • others

    Report Scope

    MARKET SIZE 20241600.0(USD Million)
    MARKET SIZE 20251807.04(USD Million)
    MARKET SIZE 20356100.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR)12.94% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Million
    Key Companies Profiled["Toray Industries (JP)", "SABIC (SA)", "Solvay (BE)", "Hexcel Corporation (US)", "Teijin Limited (JP)", "Mitsubishi Chemical Corporation (JP)", "BASF SE (DE)", "Cytec Industries (US)", "3M Company (US)"]
    Segments Coveredthermoplastic resin, raw material, application
    Key Market OpportunitiesGrowing demand for lightweight materials in automotive and aerospace sectors drives innovation in carbon thermoplastic-composites market.
    Key Market DynamicsRising demand for lightweight materials drives innovation in carbon thermoplastic-composites for automotive and aerospace applications.
    Countries CoveredUS

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    FAQs

    What is the expected market size of the US Carbon Thermoplastic Composites Market in 2024?

    The US Carbon Thermoplastic Composites Market is expected to be valued at 5.25 USD Billion in 2024.

    What is the projected market size of the US Carbon Thermoplastic Composites Market by 2035?

    By 2035, the market is projected to be valued at 9.2 USD Billion.

    What is the expected CAGR for the US Carbon Thermoplastic Composites Market from 2025 to 2035?

    The expected CAGR for the market from 2025 to 2035 is 5.232%.

    Which raw material segment dominates the US Carbon Thermoplastic Composites Market?

    The PAN-Based raw material segment is expected to dominate with a value of 3.15 USD Billion in 2024.

    What is the projected market value of the PITCH-Based segment in 2035?

    The PITCH-Based segment is projected to reach 3.75 USD Billion in 2035.

    Who are the key players in the US Carbon Thermoplastic Composites Market?

    Major players include Mitsubishi Chemical Corporation, Solvay SA, Royal DSM, and others.

    What are the key applications driving the growth of the US Carbon Thermoplastic Composites Market?

    Applications in aerospace, automotive, and sporting goods are driving market growth.

    What opportunities exist for growth in the US Carbon Thermoplastic Composites Market?

    Emerging opportunities lie in increased demand for lightweight materials in various industries.

    What challenges does the US Carbon Thermoplastic Composites Market face?

    Challenges include the high costs of raw materials and competition from alternative composites.

    How does the current global scenario impact the US Carbon Thermoplastic Composites Market?

    The current global scenario impacts supply chains which may affect production capabilities in the market.

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