UK Carbon Thermoplastic Composites Market Size & Outlook

The carbon thermoplastic composites market in UK is expected to reach a projected revenue of US$ 403.4 million by 2030. A compound annual growth rate of 10.4% is expected of UK carbon thermoplastic composites market from 2025 to 2030.
Revenue, 2024 (US$M)
$223.9
Forecast, 2030 (US$M)
$403.4
CAGR, 2025 - 2030
10.4%
Report Coverage
UK

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UK carbon thermoplastic composites market, 2018-2030 (US$M)

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UK carbon thermoplastic composites market highlights

  • The UK carbon thermoplastic composites market generated a revenue of USD 223.9 million in 2024 and is expected to reach USD 403.4 million by 2030.
  • The UK market is expected to grow at a CAGR of 10.4% from 2025 to 2030.
  • In terms of segment, pan was the largest revenue generating raw material in 2024.
  • PAN is the most lucrative raw material segment registering the fastest growth during the forecast period.


Carbon thermoplastic composites market data book summary

Market revenue in 2024USD 223.9 million
Market revenue in 2030USD 403.4 million
Growth rate10.4% (CAGR from 2025 to 2030)
Largest segmentPan
Fastest growing segmentPAN
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPAN, Pitch
Key market players worldwideDowAksa, Solvay SA, Toray Industries Inc, SGL Carbon SE, Hexcel Corp, Teijin Ltd, Mitsubishi Chemical Group Corp, Gurit, Plasan Carbon Composites


Other key industry trends

  • In terms of revenue, UK accounted for 3.3% of the global carbon thermoplastic composites market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany carbon thermoplastic composites market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 403.4 million by 2030.

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Carbon Thermoplastic Composites Market Companies

Name Profile # Employees HQ Website
SGL Carbon SE View profile 4753 Sohnleinstrasse 8, Wiesbaden, Germany, 65201 https://www.sglcarbon.com
Plasan Carbon Composites View profile 501-1000 Walker, Michigan, United States, North America http://www.PlasanCarbon.com
DowAksa View profile 101-250 Istanbul, Istanbul, Turkey, Europe http://www.dowaksa.com/
Mitsubishi Chemical Group Corp View profile 74632 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 https://www.mcgc.com
Solvay SA View profile 9000 Rue De Ransbeek, 310, Brussels, Belgium, B-1120 https://www.solvay.com
Gurit View profile 5001-10000 Zürich, Zurich, Switzerland, Europe http://www.gurit.com/
Hexcel Corp View profile 5590 281 Tresser Boulevard, Two Stamford Plaza, 16th Floor, Stamford, CT, United States, 06901 https://www.hexcel.com
Teijin Ltd View profile 24499 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 http://www.teijin.co.jp
Toray Industries Inc View profile 48682 Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 http://www.toray.co.jp

UK carbon thermoplastic composites market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to carbon thermoplastic composites market will help companies and investors design strategic landscapes.


Pan was the largest segment with a revenue share of 106.92% in 2024. Horizon Databook has segmented the UK carbon thermoplastic composites market based on pan, pitch covering the revenue growth of each sub-segment from 2018 to 2030.


The rising demand for lightweight, durable materials in aerospace drives the UK carbon thermoplastic composites market. Innovations in hybrid overmolding technologies are replacing metal components with composite materials, reducing production costs.

These advancements also enhance performance, supporting sustainability efforts in aerospace applications. This shift contributes to improved efficiency and supports the growth of the composites market in the UK.

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Horizon Databook provides a detailed overview of country-level data and insights on the UK carbon thermoplastic composites market , including forecasts for subscribers. This country databook contains high-level insights into UK carbon thermoplastic composites market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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UK carbon thermoplastic composites market size, by raw material, 2018-2030 (US$M)

UK Carbon Thermoplastic Composites Market Outlook Share, 2024 & 2030 (US$M)

UK carbon thermoplastic composites market size, by raw material, 2018-2030 (US$M)

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