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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com CFRTP Market Price, Trends, Industry Outlook & Forecast 2017-2024
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com CFRTP Market size is expected to soar at high CAGR during the forecast period. Carbon fibre reinforced thermoplastic composite has wide range of applications in various industries including automotive, aerospace and consumer durables owing to its excellent properties such as strong impact strength, smoke & toxicity and lower weight. CFRTP Market Prominent drivers of CFRTP market is increasing demand of the product in automotive industry. Growing need for lightweight material in various industries including construction, marine and turbine industry will reinforce the product usage in forecast timeframe.3 Soaring demand of CFRTP as a substitute for aluminium and steel will fuel its growth. Besides, aviation industry is also concentrating on reducing the inclusive weight of aircraft to boost their efficiency. Carbon fibre reinforced thermoplastic composite helps in reducing the overall weight drastically. Global Market Scenario of CFRTP Industry
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com CFRTP are a widespread range of carbon based materials designed by combining advanced polymer and carbon fibre. It has excellent properties including high fracture & corrosion resistance and high mechanical strength. Reasons to Buy This Report: 1. CFRTP Market size & share forecast by product & application, 2017-2024 2. Growth drivers, pitfalls & industry challenges 3. Key CFRTP Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles Additionally, it can be easily remolded, in turn, increasing the demand for this product in several industrial sectors. Primary raw materials used in manufacturing carbon thermoplastics are polyacrylonitrile, petroleum pitch or rayon. Carbon fibre reinforced thermoplastic composite has wide range of applications in various industries including automotive, aerospace and consumer durables owing to its excellent properties such as strong impact strength, smoke & toxicity and lower weight. Continue…
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com For Customization as per your requirement please click@ https://www.gminsights.com/roc/1725 Research Methodology
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Europe is a decent region in global CFRTP market, followed by America, the region is expected to rise at healthy CAGR between 2017 and 2024. The region is embodied by its fast growing and high- tech construction and automobile industries. Asia-Pacific is fastest growing in CFRTP market during the expected timeframe owing to its rapid transformation and urbanization. Various countries in the region including China, Japan and India are witnessing growing automobile industries which will substantially drive the product market. European government regarding automotive emissions will increase the demand for such products in this industry, in turn, fostering the CFRTP market. The presence of giant manufacturers in automobile industries which include Audi, Ferrari, BMW, Mercedes and Volkswagen in the region will propel the compound usage. Regional Insights Request table of contents of this research report@ https://www.gminsights.com/request-toc/upcoming/1725
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Inquire for Buying this report@ https://www.gminsights.com/inquiry-before-buying/1725 Some of the prominent manufacturers globally are: BASF SE, Mitsubishi plastics, Formosa, SGL, Toray Carbon Fibres, SABIC and Huntsman. Several other leaders operating in the same industry are Solvay, Celanese, PolyOne, Royal Tencate, Hexcel, Teijin and Covestro. Competitive Insights
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On CFRTP Market@ https://www.gminsights.com/industry-analysis/cfrtp-market Request Table of Contents of this report@ https://www.gminsights.com/request-toc/upcoming/1725 For Customization in this report click@ https://www.gminsights.com/roc/1725
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch You can visit us at: www.gminsights.comwww.gminsights.com Thank You…
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