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.
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 ketonePEEK, 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.
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.
This report aims to provide a comprehensive presentation of the global market for Thermoplastic Carbon Fiber Composites, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Thermoplastic Carbon Fiber Composites by region & country, by Type, and by End Use.
The Thermoplastic Carbon Fiber Composites market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoplastic Carbon Fiber Composites.
Market Segmentation
By Company
- 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
Segment by Type
- Short Fiber Composites
- Long Fiber Composites
Segment by End Use
- Automobile
- Aerospace
- Medical Equipment
- Sports Equipment
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Thermoplastic Carbon Fiber Composites manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by End Use, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Thermoplastic Carbon Fiber Composites in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Thermoplastic Carbon Fiber Composites in country level. It provides sigmate data by Type, and by End Use for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
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