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The Automotive Carbon Thermoplastic market is a subset of the Automotive Materials market, which encompasses the materials used in the production of vehicles. Automotive Carbon Thermoplastic is a type of plastic reinforced with carbon fibers, which makes it lightweight and strong. It is used in the production of automotive components such as bumpers, spoilers, and interior trim. It is also used in the production of electrical components, as it is resistant to heat and chemicals.
The Automotive Carbon Thermoplastic market is driven by the increasing demand for lightweight and durable materials in the automotive industry. The use of this material helps reduce the overall weight of the vehicle, resulting in improved fuel efficiency and reduced emissions. Additionally, the material is resistant to corrosion and can be easily molded into complex shapes, making it suitable for a variety of automotive applications.
Some of the major companies in the Automotive Carbon Thermoplastic market include BASF, SABIC, Teijin, Toray, and Solvay. Show Less Read more