Carbon Thermoplastic Composites Market, Growth, Restraints, Trends, Company Profiles, Analysis
April 12, 2023 ⚊ 1 Min read ⚊ Views 61 ⚊ BLOGNorth America is leading the global carbon thermoplastic composites market as a result of increasing use in the manufacturing of lightweight vehicles and defense equipment. The product demand is rising owing to growing use of renewable energy in place of crude oil and other resources. Europe is expected to grow at a staggering rate owing to the growing demand for fuel-efficient automotive. This is due to the emission standards set by European Union for the vehicles. The Asia Pacific is the fastest growing market due to expanding automotive and aerospace industry as a result of improved living standard and rising disposable income of the consumers.
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