Continuous Fiber Reinforced Thermoplastic Composites Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
115033 | Date :
Feb, 2023 | Pages :
180 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Continuous Fiber Reinforced Thermoplastic Composites industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Continuous Fiber Reinforced Thermoplastic Composites by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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. Market insiders think the market of continuous fiber reinforced thermoplastic composites will keep growing fast during the period of 2016-2022 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.
The report forecast global Continuous Fiber Reinforced Thermoplastic Composites market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Continuous Fiber Reinforced Thermoplastic Composites market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Continuous Fiber Reinforced Thermoplastic Composites according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Carbon Fiber Type
Glass Fiber Type
Aramid Fiber Type Market by Application
Automotive
Aerospace
Electronics
Sporting Goods
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Continuous Fiber Reinforced Thermoplastic Composites market for the forecast period 2023 - 2030?
• What are the driving forces in the Continuous Fiber Reinforced Thermoplastic Composites market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Continuous Fiber Reinforced Thermoplastic Composites industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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