Thermoplastic Composites Market Latest Trends, Size, Share, Key Manufacturers, Competitive Analysis, Applications, Usage and Types, Regional Outlook from 2019 To 2023

Global Thermoplastic Composite Market by Product Type (Short Fiber Reinforced Thermoplastic (SFRT), Long Fiber Reinforced Thermoplastic (LFRT), Continuous Fiber Reinforced Thermoplastic (CFRT), and Glass Mat Thermoplastics (GMT)), by Fiber Type (Fiberglass and Carbon Fiber), End Use Industries (Aerospace & Defense, Wind Energy, Automotive, Building & Construction, Sports, Electrical & Electronics and others), and by Region- Forecast till 2023
Competitive Analysis by Key Players:-

DuPont (U.S.), Arkema Group (France), SGL Carbon SE (Germany), Celanese Corporation (U.S.), DSM N.V. (Netherlands), Koninklijke Ten Cate bv. (Netherlands), SABIC (Saudi Aarbia), TEIJIN LIMITED (Japan), LANXESS (Germany), BASF SE (Germany), and others.

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Market Overview

Global Thermoplastic Composite Market is projected to grow at highest CAGR due to the growing demand by aerospace & defense industry. Thermoplastic is an organic material that melts at specific high temperature and on cooling it gets hardened. Thermoplastic material becomes moldable when heated and can be given desired shapes. Chemically, thermoplastic materials resemble to rubber and physically they are as strong as aluminum. They exhibit many desired properties including good thermal and electrical resistance, greater resistance to abrasion, and good operational ability under high pressure. In addition to this, the thermoplastic composites exhibit better fatigue properties over traditional materials such as metal and wood and undergoes high load without deformation. Global aerospace & defense industry is making maximum use of thermoplastic composites in manufacturing both fuselage and machinery. The new range of wide and light bodies aircrafts manufactured by leading aerospace industries using more than 50% of composites

Segmentation

The global thermoplastic composites market is segmented on the basis of product type, fiber type, end use industry, and region. Based on product type the market is divided into short fiber reinforced thermoplastic (SFRT), long fiber reinforced thermoplastic (LFRT), continuous fiber reinforced thermoplastic (CFRT), and glass mat thermoplastics (GMT). On the basis of fiber type the market is divided into fiberglass and carbon fiber, in which fiberglass or glass fiber based thermoplastic composite material is holding major share of overall demand of thermoplastic composite. Based on end use industry the global thermoplastic composite market is segmented into aerospace & defense, wind energy, automotive, building & construction, sports, electrical & electronics and others. Among them aerospace & defense industry is installing maximum usage of thermoplastic composites. Geographically, the markets is divided into five key regions namely Asia Pacific, North America, Europe, Latin America and Middle East & Africa.

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Regional Analysis:-

There are five key regions the global thermoplastic composite market is segmented across. It includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific is the largest market owing to the growth of aerospace & defense and wind industry. India, Japan and China are the major markets in this region on accounts of an increasing investment in aerospace & defense sectors.

North America is a substantial region in the global thermoplastic composite market, after Asia Pacific. U.S. is the largest market in this region owing to the presence of well-established end use industries such as aerospace & defense, along with sports industry. U.S. is constantly increasing its military power to lead in the list of major military powers. This in turn is expected favor market of thermoplastic composite in this region

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Thermoplastic Composites Market

5 Industry Overview Of Global Thermoplastic Composites Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

5.5 Impact Analysis

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7. Global Thermoplastic Composites Market By Region

8. Global Thermoplastic Composites Market By Product Type (Short Fiber Reinforced Thermoplastic (SFRT), Long Fiber Reinforced Thermoplastic (LFRT), Continuous Fiber Reinforced Thermoplastic (CFRT), And Glass Mat Thermoplastics (GMT))

9. Global Thermoplastic Composites Market By Fiber Type (Fiberglass And Carbon Fiber)

10. Global Thermoplastic Composites Market By End Use Industries (Aerospace & Defense, Wind Energy, Automotive, Building & Construction, Sports, Electrical & Electronics And Others)

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