The global CFT market is expected to grow with a CAGR of 8.0% from 2018 to 2023

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Feb 04, 2019, 19:04 ET

NEW YORK, Feb. 4, 2019 /PRNewswire/ -- Trends, opportunities and forecast in continuous fiber thermoplastic market to 2023 by end use industry (transportation, sporting goods, industrial, aerospace & defense, and others), by material form (UD tapes, prepreg (fabric), commingled fiber and fabric, by reinforcement (glass, carbon, and others), by use temperature (high temprature, and low temperature), by resin type (PP, PEEK, PPS, PA, PEI, PEKK, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Read the full report: https://www.reportlinker.com/p05730698

The future of the global continuous fiber thermoplastics (CFT) market looks promising with opportunities in the transportation, aerospace & defense, industrial and sporting goods industries. The global CFT market is expected to grow with a CAGR of 8.0% from 2018 to 2023. The major growth driver for this market is growing demand for continuous fiber reinforced thermoplastic composites in different end use industries due to its higher performance, lightweight, and recyclability.

In this market, CFT is available in prepreg as well as commingled fiber/fabric. Prepregs are reinforcement materials available in unidirectional, woven, and laminate forms usedin the various end use industries.

CFT market by material

CFT market

CFT market manufacturers

The study includes the continuous fiber thermoplastic market size and forecast for the global CFT market through 2023, segmented by end use industry, material form, use temperature, reinforcement, resin, and region as follows:

Continuous Fiber Thermoplastic Market by End Use Industry [Volume (M lbs.) and Value ($ Million) from 2012 to 2023]:
Transportation Sporting Goods Industrial Aerospace & Defense Others

Continuous Fiber Thermoplastic Market by Material Form [Volume (M lbs.) and Value ($ Million) from 2012 to 2023]:
UD Tapes Prepreg (Fabric) Commingled Fiber and Fabric Other – Pultruded Laminate

Continuous Fiber Thermoplastic Market by reinforcement type [Volume (M lbs.) and Value ($ Million) from 2012 to 2023]:
Carbon Fiber Glass Fiber Others

Continuous Fiber Thermoplastic Market by resin type [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:
PP PA PEEK PEKK PPS PEI Others

Continuous Fiber Thermoplastic Market by Use Temperature [Volume (M lbs.) and Value ($ Million) from 2012 to 2023]:
High Temperature Low Temperature

Continuous Fiber Thermoplastic Market by Region [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:
North America Europe APAC ROW
Some of the CFT companies profiled in this report include TenCate, Cytec Solvay Group, Lanxess, QIYI Technology, PolyStrand, AXIA Materials, , Kingfa, and Celanese and others.

Lucintel forecasts that UD tape is expected to remain the largest material form and witness the highest growth over the forecast period supported by the replacement of traditional materials.

Within the global CFT market, the aerospace & defense segment is expected to remain the largest end use market. The transportation segment is expected to witness the highest growth over the forecast period supported by increasing demand for lightweight composites which are remoldable, reusable, and recyclable.

North America is expected to remain the largest region due to presence of leading part fabricators. North America is also expected to witness the highest growth over the forecast period because of rising penetration of continuous fiber thermoplastic composites in major end use industries.

Some of the features of "Growth Opportunities in the Global Continuous Fiber Thermoplastic (CFT) Market" include:
Market size estimates: Global continuous fiber thermoplastic market size estimation in terms of value ($M) and volume (Million Pounds) and shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
Segmentation analysis: Global continuous fiber thermoplastic market size by various applications such as end use industry, material form, use temperature, reinforcement, and resin in terms of value and volume shipment.
Regional analysis: Global continuous fiber thermoplastic market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of continuous fiber thermoplastic in the global continuous fiber thermoplastic market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of continuous fiber thermoplastic in the global continuous fiber thermoplastic market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions:
Q. 1. How big are the opportunities for the global CFT market by end use industry (transportation, sporting goods, industrial, aerospace & defense, and others), by material form (UD tapes, prepreg (fabric), commingled fiber and fabric, by reinforcement (glass, carbon, and others), by use temperature (high temperature, and low temperature), by resin type (PP, PEEK, PPS, PA, PEI, PEKK, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the CFT (Continuous Fiber Thermoplastic (CFT) Market, CFT Market, Continuous fiber thermoplastic composites market, Thermoplastic composites market) market?
Q.5. What are the business risks and threats to the CFT (Continuous Fiber Thermoplastic (CFT) Market, CFT Market, Continuous fiber thermoplastic composites market, Thermoplastic composites market) market?
Q.6 What are emerging trends in this CFT (Continuous Fiber Thermoplastic (CFT) Market, CFT Market, Continuous fiber thermoplastic composites market, Thermoplastic composites market) market and the reasons behind them?
Q.7 What are some changing demands of customers in the CFT (Continuous Fiber Thermoplastic (CFT) Market, CFT Market, Continuous fiber thermoplastic composites market, Thermoplastic composites market) market?
Q.8. What are the new developments in the CFT (Continuous Fiber Thermoplastic (CFT) Market, CFT Market, Continuous fiber thermoplastic composites market, Thermoplastic composites market) market and which companies are leading these developments?
Q.9. Who are the major players in this CFT (Continuous Fiber Thermoplastic (CFT) Market, CFT Market, Continuous fiber thermoplastic composites market, Thermoplastic composites market) market? What strategic initiatives are being taken by key companies for business growth?
Q.10 What are some of the competitive products and processes in this CFT (Continuous Fiber Thermoplastic (CFT) Market, CFT Market, Continuous fiber thermoplastic composites market, Thermoplastic composites market) area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the CFT (Continuous Fiber Thermoplastic (CFT) Market, CFT Market, Continuous fiber thermoplastic composites market, Thermoplastic composites market) industry?

Read the full report: https://www.reportlinker.com/p05730698

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