Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) - Global Strategic Business Report

The global market for Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) was estimated at US$1.2 Billion in 2024 and is projected to reach US$1.9 Billion by 2030, growing at a CAGR of 7.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) market.

Global Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) Market - Key Trends & Drivers Summarized

Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) represent a significant advancement in materials science, combining the high strength and stiffness of continuous fibers, such as carbon or glass, with the durability and processability of thermoplastic matrices. These composites are increasingly used in various industries due to their superior mechanical properties, lightweight nature, and excellent resistance to corrosion and environmental degradation. CFRTPs are particularly valuable in applications where both high performance and reduced weight are critical, such as in aerospace, automotive, and sports equipment. The continuous fibers provide exceptional load-bearing capacity, while the thermoplastic matrix allows for reshaping and recycling, making CFRTPs a sustainable alternative to traditional thermoset composites.

The production and application of CFRTPs have seen remarkable growth due to advancements in manufacturing technologies and process innovations. Techniques such as automated fiber placement (AFP), in-situ consolidation, and 3D printing have enabled more efficient and precise fabrication of complex composite structures. These manufacturing advancements have reduced production costs and cycle times, making CFRTPs more accessible for large-scale industrial applications. Additionally, the development of new thermoplastic resins with enhanced thermal and chemical properties has expanded the range of environments in which CFRTPs can be effectively utilized. This has led to their adoption in more demanding applications, including high-temperature aerospace components and chemically resistant industrial parts.

The growth in the Continuous Fiber-Reinforced Thermoplastic Composites market is driven by several factors, including the increasing demand for lightweight and high-performance materials, the push for greater sustainability, and technological advancements in manufacturing processes. The automotive and aerospace industries, in particular, are seeking materials that can reduce weight and improve fuel efficiency, which directly correlates with the demand for CFRTPs. Additionally, the growing emphasis on sustainability and recyclability has positioned CFRTPs as a preferable alternative to non-recyclable thermoset composites. Technological advancements in manufacturing processes, such as automated and additive manufacturing, have also enhanced the feasibility and cost-effectiveness of producing CFRTP components. These factors, coupled with ongoing research and development efforts to improve the properties and applications of CFRTPs, are driving the robust growth of this market, making it a key area of focus in the materials industry.

SCOPE OF STUDY:

The report analyzes the Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Fiber Type (Glass Fiber, Carbon Fiber, Other Fiber Types); Application (Aerospace & Defense, Automotive, Sports Equipment, Wind Energy, Other Applications)
• Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Aerospace & Defense segment, which is expected to reach US$596.3 Million by 2030 with a CAGR of a 7.5%. The Automotive segment is also set to grow at 9.3% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $353.0 Million in 2024, and China, forecasted to grow at an impressive 12.0% CAGR to reach $309.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as BASF SE, Celanese Corporation, Dupont, Gurit Services AG, Hexel Corporation and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 65 companies featured in this Continuous Fiber-Reinforced Thermoplastic Composites (CFRTP) market report include:

• BASF SE
• Celanese Corporation
• Dupont
• Gurit Services AG
• Hexel Corporation
• Mitsubishi Chemical Corporation
• PlastiComp Inc
• Avient Corporation
• SGL Carbon
• Solvay S.A.
• Teijin Limited
• Toray Industries Inc.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.