Continuous Fiber Thermoplastics Market is anticipated to grow at a CAGR of 0.6% during 2020-2025


Posted April 15, 2021 by Lucintel

The global continuous fiber thermoplastics market is projected to grow at a CAGR of 0.6% during 2020-2025.

 
The global continuous fiber thermoplastics market is projected to grow at a CAGR of 0.6% during 2020-2025. The growth of continuous fiber thermoplastics 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 thermoplastics 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 thermoplastics market?
Q.4 What are some changing demands of customers in the continuous fiber thermoplastics market?
Q.5 What are the new developments in the continuous fiber thermoplastics 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 thermoplastics 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 thermoplastics market?
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Market Segmentation:
Based on material form, the continuous fiber thermoplastics market is segmented into end use industry, material form, use temperature, reinforcement, and resin type. The UD tape segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to replacement of traditional materials.
North America is expected to remain the largest region due to presence of leading part fabricators and 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 thermoplastics market are TenCate, Cytec Solvay Group, Lanxess, QIYI Technology, PolyStrand, AXIA Materials, Kingfa, and Celanese and others.

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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/continuous-fiber-thermoplastic-market.aspx
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: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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Last Updated April 15, 2021