DUBLIN, October 3, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Carbon Thermoplastic Market in Automotive by Resin Type (PA, PPS, PP, PEI, PEEK, PC) and Application (Exterior, Interior, Chassis, Powertrain & UTH) - Global Forecast to 2021" report to their offering.
The global carbon thermoplastic market in automotive is projected to reach USD 549.4 Million by 2021, registering a CAGR of 29.65% between 2016 and 2021
Growth in production of automobile is increasing the demand for carbon thermoplastics market. Rising demand for fuel-efficient and light cars in developed and developing countries have triggered the growth of the carbon thermoplastics market.
In 2015, the exterior application segment accounted for the largest share, in terms of volume, of the overall market, followed by chassis, interior, and powertrain & UTH applications. The rising demand for new product, light-weight automotive, as well as the need for research & development of CFRTP composites has encouraged companies to adopt organic and inorganic strategies and increase their market share in the respective regions.
Carbon fiber reinforced polyamide is currently the dominant technology used in the carbon thermoplastics market. Polyamide is selected by many major end-use industries for different applications due to its low dielectric constant, low cost, chemical inertness, high mechanical strength, good dimensional stability, and heat resistance to 2400C.
Asia-Pacific is expected to witness the highest growth rate in the global carbon thermoplastic market, in terms of value and volume, between 2016 and 2021. In recent years, the demand for automobile has increased in the region, thus driving the demand for carbon thermoplastics in the region.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market Analysis, By Resin Type
8 Market Analysis, By Application
9 Market Analysis, By Region
10 Competitive Landscape
11 Company Profiles
- BASF SE
- Celanese Corporation
- Cytec Industries, Inc.
- E. I. Du Pont De Nemours and Company
- Gurit Holding AG
- Quickstep Holdings Limited
- SGL Group-The Carbon Company
- Saudi Basic Industries Corporation (SABIC)
- Teijin Ltd.
- The DOW Chemical Company
- Toray Industries, Inc.
For more information about this report visit http://www.researchandmarkets.com/research/vzsztr/carbon
Research and Markets
Laura Wood, Senior Manager
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SOURCE Research and Markets