Thermoplastic Carbon Fiber Composites Market 2025 Thriving Worldwide Growth with a CAGR of 8.2% | Trending Business Factors and Forecast to 2031

Los Angeles, United States - QY Research has released a new publication titled "Global Thermoplastic Carbon Fiber Composites Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This comprehensive study provides an in-depth evaluation of the worldwide Thermoplastic Carbon Fiber Composites industry, uncovering the major forces influencing market growth and delivering high-value insights for investors, industry leaders, and strategic decision-makers. The report examines critical elements such as market dynamics, evolving technologies, segmentation trends, regional developments, and the competitive landscape. With data backed by rigorous research and expert interpretation, it offers an authoritative guide to understanding the macroeconomic and microeconomic factors reshaping the global market.

The global market for Thermoplastic Carbon Fiber Composites was estimated to be worth US$ 1705 million in 2024 and is forecast to a readjusted size of US$ 2935 million by 2031 with a CAGR of 8.2% during the forecast period 2025-2031.

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Market Overview -

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Thermoplastic Carbon Fiber Composites cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Thermoplastic carbon fiber composites are advanced lightweight materials made by reinforcing thermoplastic polymer matrices (such as polyether ether ketyonePEEK, polyetherimidePEI, or polyphenylene sulfidePPS) with continuous or short carbon fibers. These composites combine the superior mechanical strength, stiffness, and fatigue resistance of carbon fibers with the recyclability, impact toughness, and rapid processing capability of thermoplastics. Unlike thermoset composites, thermoplastic carbon fiber composites can be re-melted and reshaped, enabling faster cycle times, welding/joining without adhesives, and easier repair. Key applications include aerospace, automotive, industrial equipment, sports and leisure goods, and increasingly, renewable energy structures.

In 2024, the global production of thermoplastic carbon fiber composites exceeded 30,000 tons, with an ex-factory average price of approximately 57 USD per kilogram.

Market Drivers, Challenges & Restraints -

This section outlines the various elements influencing the trajectory of the Thermoplastic Carbon Fiber Composites market:

Key Growth Drivers -
North America represents one of the largest markets, driven by aerospace and defense demand as well as electric vehicle adoption. Aircraft manufacturers increasingly specify thermoplastic composites for interior components, brackets, clips, and even primary structures due to their lightweight and flame-resistance properties. In the automotive sector, U.S. and Canadian OEMs are integrating these materials into EV battery enclosures, structural reinforcements, and lightweight body panels to improve range efficiency. A strong base of composite manufacturers, technology developers, and government-funded R&D programs further supports market growth.Europe is a leading region for thermoplastic carbon fiber composites, supported by stringent environmental regulations, lightweighting initiatives, and a mature aerospace and automotive ecosystem. German carmakers and Tier-1 suppliers are investing heavily in continuous fiber-reinforced thermoplastic parts for high-volume applications such as seat structures, underbody shields, and crash-resistant components.

Airbus and European aerospace suppliers adopt thermoplastic composites for both primary and secondary structures to reduce assembly costs through weldability. Moreover, sustainability goals and the EU's circular economy policies accelerate adoption due to recyclability advantages over thermoset systems.Asia-Pacific is emerging as the fastest-growing region. China and Japan are scaling production capacity in both carbon fiber and thermoplastic resins, aiming for greater self-sufficiency and cost competitiveness. In Japan, automotive OEMs and electronics companies use thermoplastic composites for lightweight housings, structural parts, and high-performance sports equipment. South Korea is active in aerospace and defense applications, while China is expanding use in rail transport, wind turbine blades, drones, and industrial machinery. The region also benefits from lower raw material and processing costs, enabling wider adoption in cost-sensitive industries.

Restraints & Challenges -

- Regulatory uncertainties

- Competitive pricing pressures

- Operational risks

- Market-entry barriers

The report also highlights rising opportunities that companies can leverage to gain traction in high-growth segments.

Major Company Included: -

Toray
Mitsubishi Chemical
Teijin
Hexcel
Syensqo
SGL Carbon
SABIC
Saertex
Ensinger
DowAksa
CompLam Material
Zhongfu Shenying
Sinofibers Technology
AVIC Composite
Weihai Guangwei Composites
Jiangsu Hengshen

The competitive section of the report provides essential insights needed for companies to strengthen their market positioning. It highlights the strategies adopted by leading players-covering innovation, pricing models, marketing channels, distribution networks, and regional expansion. This evaluation enables market participants to identify competitive advantages and understand challenges that may affect their long-term performance.

Market Segmentation -

The report presents a granular breakdown of the global Thermoplastic Carbon Fiber Composites market, emphasizing CAGR, market share, future potential, and emerging trends across each segment.

By Type

Short Fiber Composites
Long Fiber Composites

By Application

Automobile
Aerospace
Medical Equipment
Sports Equipment
Others

This segmentation helps identify high-growth niches and valuable investment opportunities across product types and applications.

Regional Analysis -

The report offers a detailed geographic assessment covering four major regions and key contributing countries. Insights include consumption patterns, production levels, market share distribution, and long-term growth prospects.

North America

United States
Canada
Mexico

Latin America

Brazil
Other key regional markets

Asia-Pacific

China
Japan
India
South Korea
ASEAN Countries

Europe, Middle East & Africa (EMEA)

Germany
France
United Kingdom
GCC Countries
African Nations

The analysis spans from 2024 (base year) to 2031 (forecast period).

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Why This Report Is Essential -

✔ Complete Historical & Forecast Analysis (2020-2031)
✔ Detailed Segmentation by Type, Application & Region
✔ In-Depth Competitive Landscape & Company Profiling
✔ Drivers, Restraints & Market Dynamics Explained
✔ Expert Insights to Support Strategic Planning

Report Objectives -

✔ Measure the global Thermoplastic Carbon Fiber Composites market size (value & volume).
✔ Accurately analyze market shares, consumption trends, and segment performance.
✔ Examine major market dynamics and industry-shaping forces.
✔ Identify and discuss key production, revenue, and sales trends.
✔ Profile top market players and evaluate their competitive strategies.
✔ Review manufacturing practices, pricing structures, and cost trends.
✔ Compare regional and national market performance across key geographies.
✔ Forecast segment-wise and region-wise growth opportunities through 2031.

Key Questions Answered in the Report -

✔ What is the size and estimated growth rate of the global and regional Thermoplastic Carbon Fiber Composites market?
✔ Which countries are expected to display the strongest growth?
✔ Which region will dominate the market throughout the forecast period?
✔ What are the main factors driving or restraining market expansion?
✔ What technological advancements are shaping future demand?
✔ Where are the key opportunities for new entrants and established players?
✔ Which companies currently hold the highest market share?
✔ How will market dynamics evolve from 2025 to 2031?

Table of Contents - Major Key Points:

1 Market Overview
1.1 Thermoplastic Carbon Fiber Composites Product Introduction
1.2 Global Thermoplastic Carbon Fiber Composites Market Size Forecast
1.2.1 Global Thermoplastic Carbon Fiber Composites Sales Value (2020-2031)
1.2.2 Global Thermoplastic Carbon Fiber Composites Sales Volume (2020-2031)
1.2.3 Global Thermoplastic Carbon Fiber Composites Sales Price (2020-2031)
1.3 Thermoplastic Carbon Fiber Composites Market Trends & Drivers
1.3.1 Thermoplastic Carbon Fiber Composites Industry Trends
1.3.2 Thermoplastic Carbon Fiber Composites Market Drivers & Opportunity
1.3.3 Thermoplastic Carbon Fiber Composites Market Challenges
1.3.4 Thermoplastic Carbon Fiber Composites Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Thermoplastic Carbon Fiber Composites Players Revenue Ranking (2024)
2.2 Global Thermoplastic Carbon Fiber Composites Revenue by Company (2020-2025)
2.3 Global Thermoplastic Carbon Fiber Composites Players Sales Volume Ranking (2024)
2.4 Global Thermoplastic Carbon Fiber Composites Sales Volume by Company Players (2020-2025)
2.5 Global Thermoplastic Carbon Fiber Composites Average Price by Company (2020-2025)
2.6 Key Manufacturers Thermoplastic Carbon Fiber Composites Manufacturing Base and Headquarters
2.7 Key Manufacturers Thermoplastic Carbon Fiber Composites Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Thermoplastic Carbon Fiber Composites
2.9 Thermoplastic Carbon Fiber Composites Market Competitive Analysis
2.9.1 Thermoplastic Carbon Fiber Composites Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Thermoplastic Carbon Fiber Composites Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thermoplastic Carbon Fiber Composites as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Short Fiber Composites
3.1.2 Long Fiber Composites
3.2 Global Thermoplastic Carbon Fiber Composites Sales Value by Type
3.2.1 Global Thermoplastic Carbon Fiber Composites Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Thermoplastic Carbon Fiber Composites Sales Value, by Type (2020-2031)
3.2.3 Global Thermoplastic Carbon Fiber Composites Sales Value, by Type (%) (2020-2031)
3.3 Global Thermoplastic Carbon Fiber Composites Sales Volume by Type
3.3.1 Global Thermoplastic Carbon Fiber Composites Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Thermoplastic Carbon Fiber Composites Sales Volume, by Type (2020-2031)
3.3.3 Global Thermoplastic Carbon Fiber Composites Sales Volume, by Type (%) (2020-2031)
3.4 Global Thermoplastic Carbon Fiber Composites Average Price by Type (2020-2031)
4 Segmentation by End Use
4.1 Introduction by End Use
4.1.1 Automobile
4.1.2 Aerospace
4.1.3 Medical Equipment
4.1.4 Sports Equipment
4.1.5 Others
4.2 Global Thermoplastic Carbon Fiber Composites Sales Value by End Use
4.2.1 Global Thermoplastic Carbon Fiber Composites Sales Value by End Use (2020 VS 2024 VS 2031)
4.2.2 Global Thermoplastic Carbon Fiber Composites Sales Value, by End Use (2020-2031)
4.2.3 Global Thermoplastic Carbon Fiber Composites Sales Value, by End Use (%) (2020-2031)
4.3 Global Thermoplastic Carbon Fiber Composites Sales Volume by End Use
4.3.1 Global Thermoplastic Carbon Fiber Composites Sales Volume by End Use (2020 VS 2024 VS 2031)
4.3.2 Global Thermoplastic Carbon Fiber Composites Sales Volume, by End Use (2020-2031)
4.3.3 Global Thermoplastic Carbon Fiber Composites Sales Volume, by End Use (%) (2020-2031)
4.4 Global Thermoplastic Carbon Fiber Composites Average Price by End Use (2020-2031)
5 Segmentation by Region
5.1 Global Thermoplastic Carbon Fiber Composites Sales Value by Region
5.1.1 Global Thermoplastic Carbon Fiber Composites Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Thermoplastic Carbon Fiber Composites Sales Value by Region (2020-2025)
5.1.3 Global Thermoplastic Carbon Fiber Composites Sales Value by Region (2026-2031)
5.1.4 Global Thermoplastic Carbon Fiber Composites Sales Value by Region (%), (2020-2031)
5.2 Global Thermoplastic Carbon Fiber Composites Sales Volume by Region
5.2.1 Global Thermoplastic Carbon Fiber Composites Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Thermoplastic Carbon Fiber Composites Sales Volume by Region (2020-2025)
5.2.3 Global Thermoplastic Carbon Fiber Composites Sales Volume by Region (2026-2031)
5.2.4 Global Thermoplastic Carbon Fiber Composites Sales Volume by Region (%), (2020-2031)
5.3 Global Thermoplastic Carbon Fiber Composites Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
5.4.2 North America Thermoplastic Carbon Fiber Composites Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
5.5.2 Europe Thermoplastic Carbon Fiber Composites Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
5.6.2 Asia Pacific Thermoplastic Carbon Fiber Composites Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
5.7.2 South America Thermoplastic Carbon Fiber Composites Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
5.8.2 Middle East & Africa Thermoplastic Carbon Fiber Composites Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Thermoplastic Carbon Fiber Composites Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Thermoplastic Carbon Fiber Composites Sales Value and Sales Volume
6.2.1 Key Countries/Regions Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
6.2.2 Key Countries/Regions Thermoplastic Carbon Fiber Composites Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
6.3.2 United States Thermoplastic Carbon Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Thermoplastic Carbon Fiber Composites Sales Value by End Use, 2024 VS 2031
6.4 Europe
6.4.1 Europe Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
6.4.2 Europe Thermoplastic Carbon Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Thermoplastic Carbon Fiber Composites Sales Value by End Use, 2024 VS 2031
6.5 China
6.5.1 China Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
6.5.2 China Thermoplastic Carbon Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.5.3 China Thermoplastic Carbon Fiber Composites Sales Value by End Use, 2024 VS 2031
6.6 Japan
6.6.1 Japan Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
6.6.2 Japan Thermoplastic Carbon Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Thermoplastic Carbon Fiber Composites Sales Value by End Use, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
6.7.2 South Korea Thermoplastic Carbon Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Thermoplastic Carbon Fiber Composites Sales Value by End Use, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
6.8.2 Southeast Asia Thermoplastic Carbon Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Thermoplastic Carbon Fiber Composites Sales Value by End Use, 2024 VS 2031
6.9 India
6.9.1 India Thermoplastic Carbon Fiber Composites Sales Value, 2020-2031
6.9.2 India Thermoplastic Carbon Fiber Composites Sales Value by Type (%), 2024 VS 2031
6.9.3 India Thermoplastic Carbon Fiber Composites Sales Value by End Use, 2024 VS 2031
7 Company Profiles
7.1 Toray
7.1.1 Toray Company Information
7.1.2 Toray Introduction and Business Overview
7.1.3 Toray Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Toray Thermoplastic Carbon Fiber Composites Product Offerings
7.1.5 Toray Recent Development
7.2 Mitsubishi Chemical
7.2.1 Mitsubishi Chemical Company Information
7.2.2 Mitsubishi Chemical Introduction and Business Overview
7.2.3 Mitsubishi Chemical Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Mitsubishi Chemical Thermoplastic Carbon Fiber Composites Product Offerings
7.2.5 Mitsubishi Chemical Recent Development
7.3 Teijin
7.3.1 Teijin Company Information
7.3.2 Teijin Introduction and Business Overview
7.3.3 Teijin Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Teijin Thermoplastic Carbon Fiber Composites Product Offerings
7.3.5 Teijin Recent Development
7.4 Hexcel
7.4.1 Hexcel Company Information
7.4.2 Hexcel Introduction and Business Overview
7.4.3 Hexcel Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Hexcel Thermoplastic Carbon Fiber Composites Product Offerings
7.4.5 Hexcel Recent Development
7.5 Syensqo
7.5.1 Syensqo Company Information
7.5.2 Syensqo Introduction and Business Overview
7.5.3 Syensqo Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Syensqo Thermoplastic Carbon Fiber Composites Product Offerings
7.5.5 Syensqo Recent Development
7.6 SGL Carbon
7.6.1 SGL Carbon Company Information
7.6.2 SGL Carbon Introduction and Business Overview
7.6.3 SGL Carbon Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 SGL Carbon Thermoplastic Carbon Fiber Composites Product Offerings
7.6.5 SGL Carbon Recent Development
7.7 SABIC
7.7.1 SABIC Company Information
7.7.2 SABIC Introduction and Business Overview
7.7.3 SABIC Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 SABIC Thermoplastic Carbon Fiber Composites Product Offerings
7.7.5 SABIC Recent Development
7.8 Saertex
7.8.1 Saertex Company Information
7.8.2 Saertex Introduction and Business Overview
7.8.3 Saertex Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Saertex Thermoplastic Carbon Fiber Composites Product Offerings
7.8.5 Saertex Recent Development
7.9 Ensinger
7.9.1 Ensinger Company Information
7.9.2 Ensinger Introduction and Business Overview
7.9.3 Ensinger Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Ensinger Thermoplastic Carbon Fiber Composites Product Offerings
7.9.5 Ensinger Recent Development
7.10 DowAksa
7.10.1 DowAksa Company Information
7.10.2 DowAksa Introduction and Business Overview
7.10.3 DowAksa Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 DowAksa Thermoplastic Carbon Fiber Composites Product Offerings
7.10.5 DowAksa Recent Development
7.11 CompLam Material
7.11.1 CompLam Material Company Information
7.11.2 CompLam Material Introduction and Business Overview
7.11.3 CompLam Material Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 CompLam Material Thermoplastic Carbon Fiber Composites Product Offerings
7.11.5 CompLam Material Recent Development
7.12 Zhongfu Shenying
7.12.1 Zhongfu Shenying Company Information
7.12.2 Zhongfu Shenying Introduction and Business Overview
7.12.3 Zhongfu Shenying Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Zhongfu Shenying Thermoplastic Carbon Fiber Composites Product Offerings
7.12.5 Zhongfu Shenying Recent Development
7.13 Sinofibers Technology
7.13.1 Sinofibers Technology Company Information
7.13.2 Sinofibers Technology Introduction and Business Overview
7.13.3 Sinofibers Technology Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Sinofibers Technology Thermoplastic Carbon Fiber Composites Product Offerings
7.13.5 Sinofibers Technology Recent Development
7.14 AVIC Composite
7.14.1 AVIC Composite Company Information
7.14.2 AVIC Composite Introduction and Business Overview
7.14.3 AVIC Composite Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 AVIC Composite Thermoplastic Carbon Fiber Composites Product Offerings
7.14.5 AVIC Composite Recent Development
7.15 Weihai Guangwei Composites
7.15.1 Weihai Guangwei Composites Company Information
7.15.2 Weihai Guangwei Composites Introduction and Business Overview
7.15.3 Weihai Guangwei Composites Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Weihai Guangwei Composites Thermoplastic Carbon Fiber Composites Product Offerings
7.15.5 Weihai Guangwei Composites Recent Development
7.16 Jiangsu Hengshen
7.16.1 Jiangsu Hengshen Company Information
7.16.2 Jiangsu Hengshen Introduction and Business Overview
7.16.3 Jiangsu Hengshen Thermoplastic Carbon Fiber Composites Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Jiangsu Hengshen Thermoplastic Carbon Fiber Composites Product Offerings
7.16.5 Jiangsu Hengshen Recent Development
8 Industry Chain Analysis
8.1 Thermoplastic Carbon Fiber Composites Industrial Chain
8.2 Thermoplastic Carbon Fiber Composites Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Thermoplastic Carbon Fiber Composites Sales Model
8.5.2 Sales Channel
8.5.3 Thermoplastic Carbon Fiber Composites Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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