According to a market report by Lucintel, the future of the continuous fiber thermoplastic intermediate material market looks promising with opportunities in the aerospace/defense, transportation, sporting goods, and industrial market. The global continuous fiber thermoplastics market is expected to grow at a CAGR of 5% 2025 to 2035. The major drivers for growth in this market are increasing demand for continuous fiber thermoplastic in end use industry industries are lightweight requirements, increasing regulations in respect to fuel efficiency and emission level, and higher performance of continuous fiber thermoplastic as compared to other non-continuous reinforced thermoplastic composites.
A more than 150-page report to understand trends, opportunity and forecast in continuous fiber thermoplastic market to 2035 by end use industry (transportation, sporting goods, industrial goods, aerospace/defense, and other end use industries), material forms (prepreg (fabric), commingled fiber and fabric, prepreg (unidirectional), other pultruded laminates), use temperature type ( high temperature and low temperature), reinforcement type (glass fiber, carbon fiber, and other reinforcement types), resin type (PP, PA, PPS, PEI, PEKK, PEEK, and other resin types), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that transportation will remain the largest end use industry segment and over the forecast period due to increasing demand for continuous fiber thermoplastic based components in transportation industry.
Carbon fiber continuous fiber thermoplastic will remain the largest segment over the forecast period due to its excellent mechanical properties such as high strength to weight ratio corrosion resistant, chemical stability and increase use in end use industry.
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North America is expected to remain the largest region over the forecast period due to growth in aerospace/defense, and transportation industry. New aircraft programs significantly increased penetration levels of composite materials.
Toray, Syensqo, Lanxess, Avient Corporation, QIYI Technology, Celanese, Teijin Limited, Covestro, Kingfa, BASF SE, Comfil are the major suppliers in the continuous fiber thermoplastic market.
This unique 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 write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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