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Published bySakshi Bhargava Modified over 6 years ago
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Global Continuous Fiber Thermoplastics Market 2017-2022: Trends, Forecast, and Opportunity Analysis 1
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Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Industry Transportation, aerospace & defense, sporting goods, industrial, sporting goods and others Market Segments by Material Form UD tape, prepreg (fabric), commingled fiber & fabric and other pultruded laminate Market Segments by Use Temperature High temperature, low temperature Market Segments by Reinforcement Glass fiber, carbon fiber and others Market Segments by Resin PP resin, PEEK resin, PPS resin, PA resin, PEI resin, PEKK resin and others Market Segments by Region North America, Europe, Asia Pacific and Rest of the World Top Companies Name TenCate, Cytec Solvay Group, Lanxess, PolyStrand, AXIA Materials, QIYI Technology, and Celanese Trend Growth Rate and CAGR9.5% Key Industry Forecast The global CFT market is expected to grow at a CAGR of 9.5% from 2017 to 2022. Key Industry Driver Driver: Growing demand for thermoplastic composites in different end use industries due to its higher performance and environmental benefits. 2
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Industry Overview Market Size The global CFT market is expected to grow at a CAGR of 9.5% from 2017 to 2022. Emerging trends which have a direct impact on the dynamics of the continuous fiber thermoplastics (CFT) industry include continuous innovation and development of new products and applications particularly in automotive and aerospace industries, and close collaboration of players in different nodes in the supply chain. CAGR (2017-22)9.5% 3 Industry Performance : Forecast
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