Market Forecast By Resin Type (CFRTP Composites), By Resin Type (PA, PPS, PP, PEI, PEEK, PC), By Application (Exterior, Interior, Chassis, Powertrain & UTH) And Competitive Landscape
Product Code: ETC4501836 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Report Name | Australia Automotive Carbon Thermoplastic Market |
Forecast period | 2025-2031 |
CAGR | 13.5% |
Growing Sector | Automotive |
The Australia Automotive Carbon Thermoplastic Market report thoroughly covers the market by resin type and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Australia Automotive Carbon Thermoplastic Market is seeing an increase in demand for lightweight, high-performance materials to enhance fuel efficiency and minimise emissions. Carbon thermoplastics, known for their high strength-to-weight ratio and design flexibility, are gaining popularity as a viable alternative to traditional materials in car manufacture. However, the high cost of carbon fibre and thermoplastic resins, the scarcity of specialised manufacturing facilities, complicated manufacturing procedures, incompatibilities with conventional assembly techniques, and worries about recycling and end-of-life disposal are some of the obstacles impeding the growth of the automotive carbon thermoplastic market in Australia. To effectively address market barriers and stimulate innovation, overcoming these obstacles would require large investments in R&D, technological improvements, and industry stakeholder engagement.
According to 6Wresearch, the Australia Automotive Carbon Thermoplastic Market size is expected to grow at a significant CAGR of 13.5% during the forecast period 2025-2031. The growth of the Australia automotive carbon thermoplastic market is primarily driven by the automotive industry's increasing demand for lightweight materials to enhance fuel efficiency and reduce emissions. Stringent regulatory standards for emissions reduction, the rising adoption of electric and hybrid vehicles, and advancements in carbon fibre manufacturing technologies further propel market growth. Additionally, the growing focus on sustainability and environmental impact encourages the adoption of carbon thermoplastics as a viable alternative to traditional materials in automotive manufacturing, fostering innovation and market expansion.
The leading players in the automotive carbon thermoplastic market in Australia include Quickstep Holdings Ltd., Carbon Revolution, Austeng, LeMond Composites, CST Composites, Terma Group, Wagners Holding Company Ltd., Teijin Limited, SGL Carbon and Toray Industries, Inc.
The automotive carbon thermoplastic sector in Australia is governed by a variety of government rules and activities that influence the development, production, and application of these innovative materials. Emissions guidelines designed to reduce air pollution and safeguard human health have a substantial impact on the industry landscape. Furthermore, efforts in Australia to create a circular economy for packaging, as well as stricter emissions reduction rules and the promotion of CO2 requirements for automobiles, are impacting material usage and recycling in the automotive industry. These policies and initiatives represent the changing regulatory landscape that fuels the demand for sustainable and low-carbon materials, such as carbon thermoplastics.
The change in the automobile industry towards lightweight materials and sustainability has created a major opportunity for growth and innovation in the carbon thermoplastic automotive sector in Australia. It takes cooperation as well as investments in infrastructure, technology, and research and development to overcome obstacles including production complexity, cost limitations, and recyclability issues. Australia can significantly influence how cars are made and how sustainable mobility is developed in the future by taking advantage of the special qualities of carbon thermoplastics.
According to Ravi Bhandari, Head of Research, in the realm of the Australia Automotive Carbon Thermoplastic market, several types of resin are utilized to enhance the performance and durability of automotive components. Further, the adoption of advanced materials such as carbon fiber-reinforced thermoplastics (CFRTP) composites in the automotive sector has become more prevalent. These materials not only contribute to the production of lighter and more fuel-efficient vehicles but also offer improved performance characteristics, including higher strength-to-weight ratios and enhanced durability. Consequently, manufacturers are exploring the vast potentials of these advanced materials in designing the next generation of automobiles. This shift is indicative of a broader trend towards sustainability and innovation in the automotive industry, reflecting a commitment to reducing the environmental impact of vehicles while maintaining, if not improving, their performance and safety standards.
In terms of application, the mobile application segment is expected to exhibit significant growth within the application market due to rising number of mobile subscribers in the country.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Automotive Carbon Thermoplastic Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Automotive Carbon Thermoplastic Market - Industry Life Cycle |
3.4 Australia Automotive Carbon Thermoplastic Market - Porter's Five Forces |
3.5 Australia Automotive Carbon Thermoplastic Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Australia Automotive Carbon Thermoplastic Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Australia Automotive Carbon Thermoplastic Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Automotive Carbon Thermoplastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in the automotive industry to improve fuel efficiency and reduce emissions. |
4.2.2 Stringent regulations on emissions and fuel efficiency standards driving the adoption of carbon thermoplastics in vehicles. |
4.2.3 Growing focus on sustainability and environmental concerns leading to the preference for eco-friendly materials like carbon thermoplastics. |
4.3 Market Restraints |
4.3.1 High initial costs associated with the production and implementation of carbon thermoplastics in automotive applications. |
4.3.2 Limited availability and high cost of raw materials for producing carbon thermoplastics. |
4.3.3 Challenges in recycling and disposal of carbon thermoplastic waste, leading to environmental concerns. |
5 Australia Automotive Carbon Thermoplastic Market Trends |
6 Australia Automotive Carbon Thermoplastic Market, By Types |
6.1 Australia Automotive Carbon Thermoplastic Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, By CFRTP Composites, 2021-2031F |
6.2 Australia Automotive Carbon Thermoplastic Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, By PA, 2021-2031F |
6.2.3 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, By PPS, 2021-2031F |
6.2.4 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, By PP, 2021-2031F |
6.2.5 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, By PEI, 2021-2031F |
6.2.6 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, By PEEK, 2021-2031F |
6.2.7 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, By PC, 2021-2031F |
6.3 Australia Automotive Carbon Thermoplastic Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, By Exterior, 2021-2031F |
6.3.3 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, By Interior, 2021-2031F |
6.3.4 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, By Chassis, 2021-2031F |
6.3.5 Australia Automotive Carbon Thermoplastic Market Revenues & Volume, By Powertrain & UTH, 2021-2031F |
7 Australia Automotive Carbon Thermoplastic Market Import-Export Trade Statistics |
7.1 Australia Automotive Carbon Thermoplastic Market Export to Major Countries |
7.2 Australia Automotive Carbon Thermoplastic Market Imports from Major Countries |
8 Australia Automotive Carbon Thermoplastic Market Key Performance Indicators |
8.1 Carbon fiber utilization rate in automotive manufacturing processes. |
8.2 Research and development investments in carbon thermoplastic technologies. |
8.3 Number of partnerships and collaborations between automotive manufacturers and carbon thermoplastic suppliers. |
8.4 Percentage of vehicles utilizing carbon thermoplastics in their construction. |
9 Australia Automotive Carbon Thermoplastic Market - Opportunity Assessment |
9.1 Australia Automotive Carbon Thermoplastic Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Australia Automotive Carbon Thermoplastic Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Australia Automotive Carbon Thermoplastic Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Automotive Carbon Thermoplastic Market - Competitive Landscape |
10.1 Australia Automotive Carbon Thermoplastic Market Revenue Share, By Companies, 2024 |
10.2 Australia Automotive Carbon Thermoplastic Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |