United States Automotive Carbon Thermoplastic Market 2025 | Growth Drivers, Market Forecast, Competitive Landscape & Business Opportunities

Market Size and Growth

The Automotive Carbon Thermoplastic market is estimated to reach at a high CAGR during the forecast period (2024-2031).

Key Development:

United States: Recent Industry Developments

✅ In August 2025, Mitsubishi Chemical Corporation announced R&D investments in carbon fiber reinforced thermoplastics (CFRTP) for automotive applications. The focus is on enhancing material performance and scalability for mass production.

✅ In July 2025, a major U.S. automaker revealed plans to increase the adoption of recycled thermoplastic compounds in lightweight electric vehicle components. This initiative aims to reduce vehicle weight and improve energy efficiency.

✅ In May 2025, Boeing invested $120 million in CFRTP R&D at its Seattle innovation center. The research focuses on high-volume manufacturing to scale CFRTP adoption across commercial aviation platforms.

Japan: Recent Industry Developments

✅ In July 2025, Toray Industries launched next-generation carbon fiber prepregs for aerospace, automotive, and industrial applications. These materials aim to reduce vehicle weight and improve fuel efficiency.

✅ In June 2025, Mitsubishi Chemical Japan expanded its high-performance prepreg portfolio, focusing on lightweighting and heat-resistant applications for automotive and industrial sectors.

✅ In May 2025, Teijin Limited partnered with Japanese manufacturers to implement advanced carbon fiber prepregs in electric vehicles and industrial components, enhancing performance and efficiency.

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Automotive Carbon Thermoplastic is a lightweight, high-strength composite material made by reinforcing thermoplastic polymers with carbon fibers, designed for automotive applications. It offers superior durability, impact resistance, and design flexibility, helping reduce vehicle weight, improve fuel efficiency, and enhance performance in structural and exterior components.

Recent Mergers and acquisitions :

United States: Recent M&A Activities

✅ In April 2025, Ensinger Group expanded its global presence by acquiring Stylight Thermoplastic Composite Materials. This strategic move enhances Ensinger's capabilities in producing high-performance thermoplastic composites for automotive applications.

✅ In March 2025, Hexcel Corporation announced a $100 million investment to expand its CFRTP production capacity in Europe, citing strong demand from the automotive and aerospace sectors.

Japan: Recent M&A Activities

✅ In June 2025, Toray Industries unveiled a new CFRTP resin system for automotive applications. The system offers improved impact resistance and recyclability, aligning with sustainable manufacturing goals.

Key Players:

=> Covestro AG, DuPont, BASF SE, DSM, Rhodia, SABIC, LANXESS, Teijin Ltd, Celanese Corporation, Toray Industries among others.

Growth Forecast Projected:

The Global Automotive Carbon Thermoplastic Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Automotive Carbon Thermoplastic Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Material Type: Polyamide, Polyurethane, Polypropylene, Polyethylene, Acrylonitrile-Butadiene-Styrene (ABS), Polyvinyl Chloride, Polycarbonate, Others
➥ By Application: Exterior, Interior, Chassis, Powertrain & UTH

Regional Analysis for Automotive Carbon Thermoplastic Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Automotive Carbon Thermoplastic producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Automotive Carbon Thermoplastic revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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