The global Carbon Fiber Reinforced Thermoplastic Composites (CFRTP) market is undergoing a significant transformation, driven by the urgent need for lightweight, high-performance, and recyclable materials in modern manufacturing. Unlike traditional thermoset composites, CFRTPs can be reheated and reshaped, offering shorter production cycles and enhanced sustainability—a critical...

DataM Intelligence has published its detailed study, “Carbon Fiber Reinforced Thermoplastic Composites (CFRTP) Market Size, Share, Industry Forecast & Outlook (2024-2031),” revealing that the global CFRTP market, valued at US$ 3.4 billion in 2022, is expected to grow at a CAGR of 10.6% during 2024-2031 and reach approximately US$ 7.6 billion by 2031. Growth is being propelled by...