|07-30-2018 11:49 AM CET - Industry, Real Estate & Construction||
Global CFRTP market is growing at a CAGR of 8.5% during 2018-2025
Press release from: QYresearchreports
Qyresearchreports include new market research report "Global CFRTP Market Professional Survey Report 2018" to its huge collection of research reports.
This report studies the global CFRTP market status and forecast, categorizes the global CFRTP market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
Thermoplastic composites or CFRTP are generally based on resins that are made of polycarbonate and are the growing substitute of metal and different solutions of plastic composites. Various types of continuous fiber reinforced thermoplastic composites or CFRTP are being designed and developed by leading companies with features such as lightweight and thin in size that will help in advancing the solutions for the automotive, consumer goods, transportation, and IT markets. They can be flame-retardant materials as well with impeccable power and dimensional stability. These fiber reinforced thermoplastics are also formable freely, recyclable, and can be processed easily as well. Further these novel materials also present excellent surfaces, thus enabling all kinds of paintings and coatings.
North America accounted for the largest share of the CFRTP market in 2017, owing to the high demand for CFRTP from aerospace, automotive, and consumer durables sectors. In addition, mass production of CFRTP and increasing usage of composites in aerospace application are other significant factors contributing to the growth of the CFRTP market in the North American region. North America is also expected to be the fastest-growing market for CFRTP in the next five years.
The CFRTP market is driven by the increasing demand for fuel-efficient vehicles, increasing use of CFRTP in aerospace applications, and flexibility offered by CFRTP in manufacturing complex shapes & designs. In addition, technological advancements for the mass production of CFRTP are further propelling the growth of the CFRTP market.
The global CFRTP market is valued at 1690 million US$ in 2017 and will reach 3230 million US$ by the end of 2025, growing at a CAGR of 8.5% during 2018-2025.
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The major manufacturers covered in this report
Royal Ten Cate
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
To Browse a Full Report with TOC: www.qyresearchreports.com/report/global-cfrtp-market-prof...
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
by Product Type
by Resin Type
By Application, the market can be split into
The study objectives of this report are:
To analyze and study the global CFRTP capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key CFRTP manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
QYResearchReports.com delivers the latest strategic market intelligence to build a successful business footprint in China. Our syndicated and customized research reports provide companies with vital background information of the market and in-depth analysis on the Chinese trade and investment framework, which directly affects their business operations. Reports from QYResearchReports.com feature valuable recommendations on how to navigate in the extremely unpredictable yet highly attractive Chinese market.
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This release was published on openPR.
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