Continuous Fiber Reinforced Thermoplastic Composites Market to 2024: Market is Set to Grow at a CAGR of 4.38%

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Continuous Fiber Reinforced Thermoplastic Composites
Composite

Continuous fiber reinforced thermoplastic composites are a new material that offer superior combination of lightweight and stiffness. They are also are also freely formable, easy to process and recyclable.

Due to their properties, such as lightweight, stiffness, etc., continuous fiber reinforced thermoplastic composites have become popular in many fields, such as automotive industry, aerospace, military, electronics and so on.

Continuous fiber reinforced thermoplastic composites are mainly made by thermoplastic resin and fiber reinforcement. Usually, PEEK, PP, PE, PET, PS can be chosen as resin matrix while carbon fiber, glass fiber, aramid fiber are preferred as fiber reinforcement.

Continuous fiber reinforced thermoplastic composites manufacturers are actively cooperating with their partners to promote their business. Although short fiber and long fiber thermoplastic composites account for the dominant place in the whole thermoplastic composites market, due to its own distinctive characteristics, continuous fiber reinforced thermoplastic composites market has increasing fast in the recent years.

Currently, continuous fiber reinforced thermoplastic composites manufacturing primarily concentrate in Europe and USA as the advanced technology is mastered by companies from the two regions. In 2015, Europe and USA produced about 31536 MT and 27516 MT respectively and held a total market share of 62.30%. China has the highest production growth rate of 11.42% from 2011 to 2015. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved.

Although there are also some companies engaging in the production of continuous fiber reinforced thermoplastic composites, when considering the technology and product performance, they still have obvious lap, compared with leading manufacturers, like Lanxess, Polystrand, etc.

Although alternatives of continuous fiber reinforced thermoplastic composites, such as short fiber reinforced thermoplastic composites, are the mainstream products at the moment, due to its own advantages and properties, continuous fiber reinforced thermoplastic composites insiders are very optimistic on the future market.

We think the market of continuous fiber reinforced thermoplastic composites will keep growing fast during the period of 2016-2021 with the CAGR of 4.38%.

Also, with each manufacturer’s dedicated to developing the continuous fiber reinforced thermoplastic composites business, it is estimated that competition will become more fierce in the future with price declining trend.

According to this study, over the next five years the Continuous Fiber Reinforced Thermoplastic Composites market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Continuous Fiber Reinforced Thermoplastic Composites business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Continuous Fiber Reinforced Thermoplastic Composites market by product type, application, key manufacturers and key regions and countries.

Report Sample includes:
– Table of Contents
– List of Tables & Figures
– Charts
– Research Methodology

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This study considers the Continuous Fiber Reinforced Thermoplastic Composites value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Carbon Fiber Type
  • Glass Fiber Type
  • Aramid Fiber Type

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Automotive
  • Aerospace
  • Electronics
  • Sporting Goods
  • Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • LANXESS
  • TenCate
  • Celanese
  • Polystrand
  • Aonix
  • AXIA Materials
  • Tri-Mack
  • Lingol
  • Guangzhou Kingfa Carbon Fiber
  • Ningbo Huaye Material Technology
  • Zhejiang Double Fish Plastics
  • QIYI Tech

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Continuous Fiber Reinforced Thermoplastic Composites consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Continuous Fiber Reinforced Thermoplastic Composites market by identifying its various subsegments.
  • Focuses on the key global Continuous Fiber Reinforced Thermoplastic Composites manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Continuous Fiber Reinforced Thermoplastic Composites with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Continuous Fiber Reinforced Thermoplastic Composites submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Global Continuous Fiber Reinforced Thermoplastic Composites Market Growth 2019-2024 – 24 Market Reports

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