
Global CFRTP Market Size Study & Forecast, by Fiber Type, Resin Type, Manufacturing Process, Application, End-Use Industry, and Regional Forecasts 2025-2035
Description
The Global CFRTP (Continuous Fiber Reinforced Thermoplastic) Market is valued at approximately USD 96.31 billion in 2024 and is projected to grow at a compelling CAGR of 10.90% during the forecast period of 2025 to 2035. CFRTP is a class of advanced composite materials distinguished by continuous fiber reinforcement embedded within a thermoplastic matrix, offering a combination of structural performance, durability, and lightweight properties. These materials have become the backbone of innovation in industries seeking to minimize weight while maximizing mechanical strength, corrosion resistance, and energy efficiency. A sharp uptick in demand is being witnessed across sectors such as automotive, aerospace, energy, construction, and consumer electronics—driven by the pressing need to transition from conventional metal components to high-performance composite alternatives.
One of the primary growth engines of the CFRTP market lies in the surging demand for lightweight materials that support fuel efficiency and carbon footprint reduction targets. Particularly in the automotive and aerospace industries, where regulatory pressures and consumer expectations are pushing the envelope of performance engineering, CFRTP offers a compelling value proposition. For instance, aircraft manufacturers are increasingly integrating CFRTPs into fuselage and interior components to achieve both fuel economy and regulatory compliance. On the automotive front, manufacturers are ramping up their usage of CFRTP-based components in structural modules, battery enclosures, and crash-resistant panels, thanks to its ability to absorb high impact energy while maintaining form under extreme temperatures. The versatility of thermoplastic resins in facilitating recyclability and faster processing is another factor steering growth in favor of CFRTPs.
Regionally, the global CFRTP market paints a diverse growth landscape. North America currently holds a substantial share, largely due to the region’s matured aerospace industry, a thriving electric vehicle (EV) ecosystem, and robust R&D investments in lightweight composite technologies. Europe follows closely, buoyed by strong automotive manufacturing hubs in Germany, France, and the UK—regions where lightweight sustainability solutions are championed. However, the Asia Pacific region is poised to exhibit the fastest CAGR throughout the forecast period. This growth trajectory is attributed to increasing infrastructure investment, expanding production capacities, and supportive government initiatives in countries such as China, Japan, South Korea, and India. Additionally, rising energy demands and developments in wind energy projects are further stimulating CFRTP adoption across APAC markets.
Major market player included in this report are:
• BASF SE
• Toray Industries Inc.
• Mitsubishi Chemical Group Corporation
• Hexcel Corporation
• Solvay SA
• SABIC
• DuPont de Nemours, Inc.
• Teijin Limited
• Victrex plc
• Lanxess AG
• Celanese Corporation
• RTP Company
• Covestro AG
• PlastiComp Inc.
• Royal DSM N.V.
Global CFRTP Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025-2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Fiber Type:
• Carbon Fiber
• Glass Fiber
• Ceramic Fiber
By Resin Type:
• Epoxy Resin
• Phenolic Resin
• Thermoplastic Resin
By Manufacturing Process:
• Lay-up
• Prepreg
• Pultrusion
• Molding
By Application:
• Aerospace
• Automotive
• Energy
• Construction
By End-Use Industry:
• Automotive
• Aerospace & Defense
• Electronics
• Wind Energy
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
One of the primary growth engines of the CFRTP market lies in the surging demand for lightweight materials that support fuel efficiency and carbon footprint reduction targets. Particularly in the automotive and aerospace industries, where regulatory pressures and consumer expectations are pushing the envelope of performance engineering, CFRTP offers a compelling value proposition. For instance, aircraft manufacturers are increasingly integrating CFRTPs into fuselage and interior components to achieve both fuel economy and regulatory compliance. On the automotive front, manufacturers are ramping up their usage of CFRTP-based components in structural modules, battery enclosures, and crash-resistant panels, thanks to its ability to absorb high impact energy while maintaining form under extreme temperatures. The versatility of thermoplastic resins in facilitating recyclability and faster processing is another factor steering growth in favor of CFRTPs.
Regionally, the global CFRTP market paints a diverse growth landscape. North America currently holds a substantial share, largely due to the region’s matured aerospace industry, a thriving electric vehicle (EV) ecosystem, and robust R&D investments in lightweight composite technologies. Europe follows closely, buoyed by strong automotive manufacturing hubs in Germany, France, and the UK—regions where lightweight sustainability solutions are championed. However, the Asia Pacific region is poised to exhibit the fastest CAGR throughout the forecast period. This growth trajectory is attributed to increasing infrastructure investment, expanding production capacities, and supportive government initiatives in countries such as China, Japan, South Korea, and India. Additionally, rising energy demands and developments in wind energy projects are further stimulating CFRTP adoption across APAC markets.
Major market player included in this report are:
• BASF SE
• Toray Industries Inc.
• Mitsubishi Chemical Group Corporation
• Hexcel Corporation
• Solvay SA
• SABIC
• DuPont de Nemours, Inc.
• Teijin Limited
• Victrex plc
• Lanxess AG
• Celanese Corporation
• RTP Company
• Covestro AG
• PlastiComp Inc.
• Royal DSM N.V.
Global CFRTP Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025-2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Fiber Type:
• Carbon Fiber
• Glass Fiber
• Ceramic Fiber
By Resin Type:
• Epoxy Resin
• Phenolic Resin
• Thermoplastic Resin
By Manufacturing Process:
• Lay-up
• Prepreg
• Pultrusion
• Molding
By Application:
• Aerospace
• Automotive
• Energy
• Construction
By End-Use Industry:
• Automotive
• Aerospace & Defense
• Electronics
• Wind Energy
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Table of Contents
285 Pages
- Chapter 1. Global CFRTP Market Report Scope & Methodology
- 1.1. Research Objective
- 1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top-Down and Bottom-Up Approach
- 1.3. Research Attributes
- 1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
- 1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study
- Chapter 2. Executive Summary
- 2.1. CEO/CXO Standpoint
- 2.2. Strategic Insights
- 2.3. ESG Analysis
- 2.4. Key Findings
- Chapter 3. Global CFRTP Market Forces Analysis
- 3.1. Market Forces Shaping the Global CFRTP Market (2024–2035)
- 3.2. Drivers
- 3.2.1. Surging demand for lightweight, high-strength materials across mobility and infrastructure sectors
- 3.2.2. Accelerated growth in electric vehicles and sustainable transportation solutions
- 3.2.3. Advancements in thermoplastic processing and recyclability advantages
- 3.3. Restraints
- 3.3.1. High production and raw material costs
- 3.3.2. Complex recycling and regulatory barriers in certain jurisdictions
- 3.4. Opportunities
- 3.4.1. Expanding use of CFRTPs in consumer electronics and sporting goods
- 3.4.2. Integration of CFRTP in renewable energy projects like wind turbine blades
- Chapter 4. Global CFRTP Industry Analysis
- 4.1. Porter’s 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter’s 5 Forces Forecast Model (2024–2035)
- 4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top Investment Opportunities
- 4.5. Top Winning Strategies (2025)
- 4.6. Market Share Analysis (2024–2025)
- 4.7. Global Pricing Analysis and Trends 2025
- 4.8. Analyst Recommendation & Conclusion
- Chapter 5. Global CFRTP Market Size & Forecasts by Fiber Type 2025–2035
- 5.1. Market Overview
- 5.2. Global CFRTP Market Performance – Potential Analysis (2025)
- 5.3. Carbon Fiber
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 5.3.2. Market Size Analysis by Region, 2025–2035
- 5.4. Glass Fiber
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 5.4.2. Market Size Analysis by Region, 2025–2035
- 5.5. Ceramic Fiber
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 5.5.2. Market Size Analysis by Region, 2025–2035
- Chapter 6. Global CFRTP Market Size & Forecasts by Resin Type 2025–2035
- 6.1. Market Overview
- 6.2. Epoxy Resin
- 6.3. Phenolic Resin
- 6.4. Thermoplastic Resin
- Chapter 7. Global CFRTP Market Size & Forecasts by Manufacturing Process 2025–2035
- 7.1. Market Overview
- 7.2. Lay-up
- 7.3. Prepreg
- 7.4. Pultrusion
- 7.5. Molding
- Chapter 8. Global CFRTP Market Size & Forecasts by Application 2025–2035
- 8.1. Market Overview
- 8.2. Aerospace
- 8.3. Automotive
- 8.4. Energy
- 8.5. Construction
- Chapter 9. Global CFRTP Market Size & Forecasts by End-Use Industry 2025–2035
- 9.1. Automotive
- 9.2. Aerospace & Defense
- 9.3. Electronics
- 9.4. Wind Energy
- Chapter 10. Global CFRTP Market Size & Forecasts by Region 2025–2035
- 10.1. Regional Market Snapshot
- 10.2. Top Leading & Emerging Countries
- 10.3. North America CFRTP Market
- 10.3.1. U.S.
- 10.3.1.1. Breakdown by Segment, 2025–2035
- 10.3.2. Canada
- 10.3.2.1. Breakdown by Segment, 2025–2035
- 10.4. Europe CFRTP Market
- 10.4.1. UK
- 10.4.2. Germany
- 10.4.3. France
- 10.4.4. Spain
- 10.4.5. Italy
- 10.4.6. Rest of Europe
- 10.5. Asia Pacific CFRTP Market
- 10.5.1. China
- 10.5.2. India
- 10.5.3. Japan
- 10.5.4. Australia
- 10.5.5. South Korea
- 10.5.6. Rest of Asia Pacific
- 10.6. Latin America CFRTP Market
- 10.6.1. Brazil
- 10.6.2. Mexico
- 10.7. Middle East & Africa CFRTP Market
- 10.7.1. UAE
- 10.7.2. Saudi Arabia
- 10.7.3. South Africa
- 10.7.4. Rest of Middle East & Africa
- Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. BASF SE
- 11.2.1. Company Overview
- 11.2.2. Key Executives
- 11.2.3. Company Snapshot
- 11.2.4. Financial Performance (Subject to Data Availability)
- 11.2.5. Product/Services Port
- 11.2.6. Recent Development
- 11.2.7. Market Strategies
- 11.2.8. SWOT Analysis
- 11.3. Toray Industries Inc.
- 11.4. Mitsubishi Chemical Group Corporation
- 11.5. Hexcel Corporation
- 11.6. Solvay SA
- 11.7. SABIC
- 11.8. DuPont de Nemours, Inc.
- 11.9. Teijin Limited
- 11.10. Victrex plc
- 11.11. Lanxess AG
- 11.12. Celanese Corporation
- 11.13. RTP Company
- 11.14. Covestro AG
- 11.15. PlastiComp Inc.
- 11.16. Royal DSM N.V.
- List of Tables
- Table 1. Global CFRTP Market, Report Scope
- Table 2. Global CFRTP Market Estimates & Forecasts by Region 2024–2035
- Table 3. Global CFRTP Market Estimates & Forecasts by Fiber Type 2024–2035
- Table 4. Global CFRTP Market Estimates & Forecasts by Resin Type 2024–2035
- Table 5. Global CFRTP Market Estimates & Forecasts by Manufacturing Process 2024–2035
- Table 6. Global CFRTP Market Estimates & Forecasts by Application 2024–2035
- Table 7. Global CFRTP Market Estimates & Forecasts by End-Use Industry 2024–2035
- Table 8. U.S. CFRTP Market Estimates & Forecasts, 2024–2035
- Table 9. Canada CFRTP Market Estimates & Forecasts, 2024–2035
- Table 10. UK CFRTP Market Estimates & Forecasts, 2024–2035
- Table 11. Germany CFRTP Market Estimates & Forecasts, 2024–2035
- Table 12. France CFRTP Market Estimates & Forecasts, 2024–2035
- Table 13. Spain CFRTP Market Estimates & Forecasts, 2024–2035
- Table 14. Italy CFRTP Market Estimates & Forecasts, 2024–2035
- Table 15. Rest of Europe CFRTP Market Estimates & Forecasts, 2024–2035
- Table 16. China CFRTP Market Estimates & Forecasts, 2024–2035
- Table 17. India CFRTP Market Estimates & Forecasts, 2024–2035
- Table 18. Japan CFRTP Market Estimates & Forecasts, 2024–2035
- Table 19. Australia CFRTP Market Estimates & Forecasts, 2024–2035
- Table 20. South Korea CFRTP Market Estimates & Forecasts, 2024–2035
- Table 21. Rest of Asia Pacific CFRTP Market Estimates & Forecasts, 2024–2035
- Table 22. Brazil CFRTP Market Estimates & Forecasts, 2024–2035
- Table 23. Mexico CFRTP Market Estimates & Forecasts, 2024–2035
- Table 24. UAE CFRTP Market Estimates & Forecasts, 2024–2035
- Table 25. Saudi Arabia CFRTP Market Estimates & Forecasts, 2024–2035
- Table 26. South Africa CFRTP Market Estimates & Forecasts, 2024–2035
- Table 27. Rest of Middle East & Africa CFRTP Market Estimates & Forecasts, 2024–2035
- List of Figures
- Figure 1. Global CFRTP Market, Research Methodology
- Figure 2. Global CFRTP Market, Market Estimation Techniques
- Figure 3. Global Market Size Estimates & Forecast Methods
- Figure 4. Global CFRTP Market, Key Trends 2025
- Figure 5. Global CFRTP Market, Growth Prospects 2024–2035
- Figure 6. Global CFRTP Market, Porter’s Five Forces Model
- Figure 7. Global CFRTP Market, PESTEL Analysis
- Figure 8. Global CFRTP Market, Value Chain Analysis
- Figure 9. CFRTP Market by Fiber Type, 2025 & 2035
- Figure 10. CFRTP Market by Resin Type, 2025 & 2035
- Figure 11. CFRTP Market by Manufacturing Process, 2025 & 2035
- Figure 12. CFRTP Market by Application, 2025 & 2035
- Figure 13. CFRTP Market by End-Use Industry, 2025 & 2035
- Figure 14. North America CFRTP Market, 2025 & 2035
- Figure 15. Europe CFRTP Market, 2025 & 2035
- Figure 16. Asia Pacific CFRTP Market, 2025 & 2035
- Figure 17. Latin America CFRTP Market, 2025 & 2035
- Figure 18. Middle East & Africa CFRTP Market, 2025 & 2035
- Figure 19. Global CFRTP Market, Company Market Share Analysis (2025)
Pricing
Currency Rates
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