Carbon Thermoplastic Market in Automotive Sector to 2021

The market size of carbon thermoplastics is estimated to reach USD 549.4 million by 2021, registering a CAGR of 29.65% between 2016 and 2021. Increase in production of automobile and growing middle-class population is expected to drive the carbon thermoplastics market in the next five years. 

“Polyamide resin segment driving the carbon thermoplastics market” 

“Rising demand in Asia-Pacific is the major driver of the global carbon thermoplastics market” 

The key companies profiled in this report are BASF SE (Germany), Celanese Corporation (U.S.), Cytec Solvay (U.S.), Du Pont (U.S.), Gurit Holding Ag (Switzerland), Quickstep Holdings Limited (Australia), Saudi Basic Industries Corporation (Saudi Arabia), SGL Group (Germany), Teijin Ltd. (Japan), Tencate (Netherlands), Dow Chemical Company (U.S.), and Toray Industries Inc. (Japan). 

Read the source article at World News by Country