Lucintel identifies and prioritizes opportunities for growth in the continuous fiber thermoplastics market by end use application, fiber type, resin type, material form, use temperature and region

According to a new market report published by Lucintel, the future of continuous fiber thermoplastic (CFT) market looks good with opportunities in aerospace and automotive industries. The global continuous fiber thermoplastics market is forecast to grow at a CAGR of 6.9% from 2015 to 2020. The major driver of growth for this market is increasing level of penetration in aerospace and automotive industries, largely to address the increasing requirement of lightweight, recyclable, and environment friendly products.

In this market, glass & carbon fibers as major reinforcements and polyamide (PA), polypropylene (PP), polyetherimide (PEI), polyphenylene sulfide (PPS), & polyetheretherketone (PEEK) resins as major matrices are used for making continuous fiber thermoplastics. Lucintel predicts that the demand for CFT is likely to experience a good growth rate in the forecast period supported by growing demand in end-user industries. On the basis of comprehensive research, Lucintel forecasts that aerospace segment is expected to show above average growth during the forecast period.

Within the CFT market, the aerospace industry is expected to remain as the largest market by value and transportation industry by volume. The development of advanced aircraft models and new applications in the aerospace and automotive industry are expected to spur growth for these segments over the forecast period.

North America is expected to remain the largest market shipment due to growth in demand from aerospace and automotive industries.

Asia Pacific & Rest of the World is expected to witness significant growth over the forecast period because of increasing penetration of CFT in sporting goods, automotive, and industrial goods industries.

For market expansion, this report suggests innovation and new product development to achieve higher stiffness and strength, where the unique characteristics of CFT can be capitalized. The report further suggests the collaboration with customers to create win-win situations and development of high performance products for the end users.

Emerging trends in the global CFT market, which have a direct impact on the dynamics of the industry, include the development of new applications and collaboration of players in different nodes of industry. Cytec, Tencate, LANXESS, Owens Corning, Fiber Glass Industries, and Polystrand are among the major suppliers of CFT.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global CFT market by end use application, fiber type, resin type, material form, use temperature, and region, and has come up with a comprehensive research report, “Growth Opportunities in Continuous Fiber Thermoplastics Market 2015-2020: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a spring board for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast of the global CFT market through 2020, segmented by end use application, fiber type, resin type, material form, use temperature, and region as follows:

By end-use application [Volume (M lbs) and $M shipment analysis for 2009 – 2020]:

·         Transportation

·         Sporting Goods

·         Industrial

·         Aerospace

·         Ballistics

·         Others

By type of fiber (volume (Mil lbs) and value $M from 2009 – 2020):

·         Glass Fiber

·         Carbon Fiber

·         Others

By resin type (volume (M lbs) and value $M from 2009 – 2020):

·         PP

·         PEEK

·         PPS

·         PA

·         PEI

·         PEKK

·         Others

By material form (volume (M lbs) and value $M from 2009 – 2020):

·         Prepeg (Unidirectional)

·         Prepeg( Fabric)

·         Commingled Fiber and Fabric

·         Other Pultruded Laminate

By temperature (volume (M lbs) and value $M from 2009 – 2020):

·         High Temperature

·         Low Temperature

By region (volume (M lbs) and value $M from 2009 – 2020):

·         North America

·         Europe

·         Asia Pacific and Rest of the World

This 285 -page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/reports/chemical_composites/growth_opportunities_in_continuous_fiber_thermoplastics_market_2015_2020_trends_forecast_and_opportunity_analysis_october_2015.aspx  or   helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategy for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q. 1.How big the opportunities for global continuous fiber thermoplastic market by end use application, fiber type, resin type, material form, use temperature, and region?

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 market?

Q.5.What are the business risks and threats of this market?

Q.6.What are emerging trends in this market and reasons behind it?

Q.7.What are some changing demands of customers in the market?

Q.8.What are the new developments in the market? Which companies are leading these developments?

Q.9.Who are the major players in this market? What strategic initiatives are taken by key players for business growth?

Q.10.How is the competitive rivalry and threat of substitution in this market?

Q. 11.How many M & A activities happened during last 1- 2 years and what are their impacts?