NEW YORK, May 21, 2015 /PRNewswire/ -- Background:
Global continuous fiber thermoplastics (CFT) market is expected to reach an estimated $216.7 million by 2019. CFT materials are used in a variety of markets such as aerospace, transportation, sporting goods, industrial goods, and ballistics which have been the market drivers in the recent years, helping to gain widespread acceptance in the marketplace across all regions.
Lucintel, a leading global management consulting and market research firm, has analyzed the global continuous fiber thermoplastic market by segments and region, and has come up with comprehensive research report "Growth Opportunities in Continuous Fiber Thermoplastics Market 2014-2019: Trends, Forecast, and Opportunity Analysis." This report provides an analysis of the global continuous fiber thermoplastics market including analysis of the market trend, competitive landscape, company profiles, mergers and acquisitions, emerging trend and key drivers of the industry growth. The study also includes forecasts for CFT materials through 2019, segmented by region and by end user segments such as aerospace, transportation, sporting goods, industrial, ballistics, and others.
On the basis of its comprehensive research, Lucintel forecasts that majority of the segments for CFT market is estimated to grow impressively in 2014-2019. Aerospace segment is expected to depict highest growth due to increasing demand of composite materials from new aircraft programs. The growth of carbon fiber based CFT is expected to remain strong over the forecast period owing to the increasing demand from aerospace industry. Major resins used in CFTs are PP, PA, PEEK, PPS, PEI and PEKK. TenCate, Cytec, Fiber Glass Industries, Polystrand, LANXESS and Celanese are among the major suppliers of CFT materials globally. CFT suppliers are continuously adopting new strategies to gain market share in this industry. Innovation would further enhance the product performance and lower the overall cost for consumers which will drive the market.
The biggest challenge in the industry is relatively higher cost of CFT materials compared to competing materials. Further, CFT requires sophisticated equipment to apply higher heat and pressure for processing. Inter-material competition also has a great threat; innovations in new technology, fiber or resin formulations have the potential to change the dynamics of the market.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.
Features of This Report:
To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.
Some of the features of "Growth Opportunities in Continuous Fiber Thermoplastics Market 2014-2019: Trends, Forecast, and Opportunity Analysis" include:
Analysis of competitive intensity of the industry based on Porter's Five Forces model which helps to understand the competitive position of industry players
- Continuous fiber thermoplastic market intelligence with special emphasis on transportation, aerospace, sporting goods, ballistics and industrial markets
- Market size in terms of value and volume shipment by application segments, also trend (2008-2013) and forecast (2014-2019) for key market segments that are useful to make major investment decisions
- Regional Analysis provides continuous fiber thermoplastics market breakdown by three region i.e., North America, Europe, and Asia Pacific including Rest of World
- Competitive Landscape, emerging trend, market drivers and growth opportunity facilitates a sound investment decision
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