Growth Opportunities in the Global Continuous Fiber Thermoplastic (CFT) Market

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)

According to a new market report published by Lucintel, 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.

Browse 96 market data tables and 131 figures spread through 259 pages and in-depth TOC on “Global Continuous Fiber Thermoplastic (CFT) Market”

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In this market, different types of CFT such as UD tapes, prepreg (fabric), commingled fiber and fabric are used as material form. 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.  

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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.

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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 used in the various end use industries. TenCate, Cytec Solvay Group, Lanxess, QIYI Technology, PolyStrand, AXIA Materials, Kingfa, and Celanese and others are among the major CFT manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global CFT market by end use industry, material form, use temperature, reinforcement, resin, and region and has come up with a comprehensive research report entitled  “Growth Opportunities in the Global Continuous Fiber Thermoplastic (CFT) Market 2018-2023: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global CFT market by end use industry, material form, use temperature, reinforcement, resin, and region as follows:

By End Use Industry [Volume (M lbs.) and Value ($ Million) from 2012 to 2023]:

  • Transportation
  • Sporting Goods
  • Industrial
  • Aerospace & Defense
  • Others

By Material Form [Volume (M lbs.) and Value ($ Million) from 2012 to 2023]:

  • UD Tapes
  • Prepreg (Fabric)
  • Commingled Fiber and Fabric
  • Other – Pultruded Laminate

By Reinforcement Type [Volume (M lbs.) and Value ($ Million) from 2012 to 2023]:

  • Carbon Fiber
  • Glass Fiber
  • Others

By Resin Type [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:

  • PP
  • PA
  • PEEK
  • PEKK
  • PPS
  • PEI
  • Others

By Use Temperature [Volume (M lbs.) and Value ($ Million) from 2012 to 2023]:

  • High Temperature
  • Low Temperature 

By Region [$M shipment analysis for 2012 – 2023]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

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This 259-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 https://www.lucintel.com/continuous-fiber-thermoplastic-market.aspx or   helpdesk@lucintel.com.

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.

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 regions 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 to the market?

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

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 being implemented by key players for business growth?

Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?

Q.11 What M&A activity has occurred in the last 5 years?

 

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