The global Continuous Fiber Thermoplastic (CFT) market is projected to reach $10.3 billion by 2025, at a CAGR of 0.6% during 2020-2025. The growth of Continuous Fiber Thermoplastic (CFT) market is driven by growing demand for continuous fiber reinforced thermoplastic composites in different end use industries due to its higher performance, lightweight, and recyclability.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the Continuous Fiber
Thermoplastic (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 What are the
business risks and threats to the Continuous Fiber Thermoplastic (CFT) market?
Q.4 What are some
changing demands of customers in the Continuous Fiber Thermoplastic (CFT)
market?
Q.5 What are the new
developments in the Continuous Fiber Thermoplastic (CFT) market? Which
companies are leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this Continuous Fiber Thermoplastic (CFT)
area and how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this Continuous Fiber
Thermoplastic (CFT) market?
Emerging trends, which
have a direct impact on the dynamics of the industry, include cost optimization
and performance enhancement of Continuous Fiber Thermoplastic (CFT)s.
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Market Segmentation:
Based on material form,
the Continuous Fiber Thermoplastic (CFT) market is segmented into UD tapes,
prepreg (fabric), commingled fiber and fabric and others – pultruded laminate. The
UD tapes segment accounted for the largest share of the market in 2020 and is
expected to register the highest CAGR during the forecast period supported by
the replacement of traditional materials.
North America is
expected to be 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.
Key Players in the Continuous
Fiber Thermoplastic (CFT) market are TenCate, Cytec Solvay Group, Lanxess, QIYI
Technology, PolyStrand, AXIA Materials, , Kingfa, and Celanese and othersroup
Co., Ltd. and others.
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Emerging trends, which
have a direct impact on the dynamics of the industry, include prepregs are reinforcement materials available
in unidirectional, woven, and laminate forms used in the various end use
industries.
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About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies 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.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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