DUBLIN, May 24, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Growth Opportunities in the Global Continuous Fiber Thermoplastics Market" report to their offering.
The global CFT market is expected to grow at a CAGR of 9.5% from 2017 to 2022.
Trends, opportunities and forecast in this market to 2022 by end use industry (transportation, aerospace & defense, sporting goods, industrial, sporting goods and others), by material form (UD tape, prepreg (fabric), commingled fiber & fabric and other pultruded laminate), use temperature (high temperature, low temperature), by reinforcement (glass fiber, carbon fiber and others), by resin (PP resin, PEEK resin, PPS resin, PA resin, PEI resin, PEKK resin and others) and region
The future of global continuous fiber thermoplastics (CFT) market looks promising with opportunities in transportation, aerospace & defense, industrial, and sporting goods industries. The major driver for the growth of this market is growing demand for thermoplastic composites in different end use industries due to its higher performance and environmental benefits.
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.
Continuous fiber thermoplastics (CFT) companies profiled in this market include TenCate, Cytec Solvay Group, Lanxess, PolyStrand, AXIA Materials, QIYI Technology, and Celanese are among the major suppliers of CFT.
On the basis of comprehensive research, the author forecasts that the transportation and aerospace & defense segments in continuous fiber thermoplastics (CFT) market are expected to show above average growth during the forecast period.
Within the global continuous fiber thermoplastics (CFT) market, the aerospace & defense segment is expected to remain the largest market by value and transportation segment by volume. Expected growth in the development and production of advanced aircraft models, increasing use of lightweight composites in new aircraft programs, such as Boeing 787, Airbus A350, and growing use of lightweight materials in transportation industry are the major driving forces that spur growth for these segments over the forecast period.
Europe is expected to remain the largest market for CFT due to growing demand for high performance, lightweight, and environmentally sustainable thermoplastic composites in different end use industries.
The study includes the continuous fiber thermoplastics (CFT) market size, and forecast for the global CFT market through 2021, segmented by end use industry, material form, reinforcement, resin, use temperature, and region, as follows:
Continuous fiber thermoplastics (CFT) by end use industry [Volume (Million lbs) and Value ($ Million) from 2011 to 2022]:
- Sporting Goods
- Aerospace & Defense
Continuous fiber thermoplastics (CFT) by material form [volume (Million lbs) and Value ($ Million) from 2011 to 2022]:
- UD Tape
- Prepreg (Fabric)
- Commingled Fiber and Fabric
- Other - Pultruded Laminate
Continuous fiber thermoplastics (CFT) by reinforcement [volume (Million lbs) and Value ($ Million) from 2011 to 2022]:
- Carbon Fiber
- Glass Fiber
Continuous fiber thermoplastics (CFT) by use temperature [volume (Million lbs) and Value ($ Million) from 2011 to 2022]:
- High Temperature
- Low Temperature
Continuous fiber thermoplastics (CFT) by resin [volume (Million lbs) and Value ($ Million) from 2011 to 2022]:
Key Topics Covered:
1. Executive Summary
2. Global CFT Market Dynamics
3. Market Trends and Forecast Analysis from 2010 to 2021
4. Competitor Analysis
5. Growth Opportunities and Strategic Analysis
6. Company Profiles of Leading Players
- AXIA Materials
- Bond Laminates
- QIYI Technology
- Toho Tenax
For more information about this report visit http://www.researchandmarkets.com/research/8snv3s/growth
Laura Wood, Senior Manager
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SOURCE Research and Markets