Automotive Carbon Thermoplastic Market Sees Strong Recovery| MarketsandMarkets™Verfasser: ashwani_kailiya on Monday, 27 March 2023
Automotive Carbon Thermoplastic (ACT) is a high-performance plastic used in the automotive industry due to its strength, lightweight, and high-temperature resistance. It manufactures a variety of parts, including engine housings, fuel tanks, fuel lines, and other components. It is also used for interior trim pieces and exterior features that require heat resistance, such as exhaust systems and brakes. Because of its ability to reduce weight and improve fuel efficiency, ACT is a must-have material for automakers. The need for lightweight materials to meet fuel efficiency and emissions regulations will drive up demand for Automotive Carbon Thermoplastic. The Automotive Carbon Thermoplastic market is expanding due to increased demand for fuel-efficient vehicles, CO2 and GHG emission reduction efforts, weight reduction, part consolidation, and energy efficiency.
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Exterior Application: The most dominant application segment in the CFRTP composites market