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According to a new market report published by Lucintel, the future of the global continuous fiber thermoplastics (CFT) market looks promising with opportunities in the transportation, aerospace & defense Miles Boykin Kids Jersey , industrial, and sporting goods industries. The global CFT market is expected to grow with a CAGR of 8.0% from 2018 to 2023. The major growth driver for this market is growing demand for continuous fiber reinforced thermoplastic composites in different end use industries due to its higher performance, lightweight, and recyclablity.
In this market, CFT is available in prepreg as well as commingled fiberfabric. Prepregs are reinforcement materials available in unidirectional Jaylon Ferguson Kids Jersey , woven, and laminate forms usedin the various end use industries. Lucintel forecasts that UD tape is expected to remain the largest material form and witness the highest growth over the forecast period supported by the replacement of traditional materials.
Within the global CFT market, the aerospace & defense segment is expected to remain the largest end use market. The transportation segment is expected to witness the highest growth over the forecast period supported by increasing demand for lightweight composites which are remoldable, reusable, and recyclable.
By reinforcement type Marquise Brown Kids Jersey , glass fiber based CFT is expected to remain the largest segment, and carbon fiber reinforced CFT is likely to witness the highest growth over the forecast period supported by increasing usage of high performance lightweight materials in the different end use industries.
North America is expected to remain the largest region due to presence of leading part fabricators. North America 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.
TenCate, Cytec Solvay Group, Lanxess, QIYI Technology Mark Andrews Kids Jersey , PolyStrand, AXIA Materials, , Kingfa, and Celanese are among the major suppliers of CFT.
Lucintel Lamar Jackson Kids Jersey , a leading global strategic consulting and market research firm, has analyzed the global CFT market by end use industry, material form, use temprature, reinforcement Hayden Hurst Kids Jersey , resin, and region, and has come up with a comprehensive research report entitled 鈥淕rowth Opportunities for the Global Continuous Fiber Thermoplastic Market 2018-2023: Trends, Forecast, and Opportunity Analysis.鈥?The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends Justin Tucker Kids Jersey , key drivers, and directions. The study includes a forecast for the global CFT market by end use industry, material form, use temprature, reinforcement Ravens Trace McSorley Jersey , resin, and region as follows:
By end use industry [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:
鈥?Transportation
鈥?Sporting Goods
鈥?Industrial
鈥?Aerospace & Defense
鈥?Others
By material form [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:
鈥?UD Tapes
鈥?Prepreg (Fabric)
鈥?Commingled Fiber and Fabric
鈥?Other 鈥?Pultruded Laminate
By reinforcement type [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:
鈥?Carbon Fiber
鈥?Glass Fiber
鈥?Others


By resin type [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:
鈥?PP
鈥?PA
鈥?PEEK
鈥?PEKK
鈥?PPS
鈥?PEI
鈥?Others
By use temprature [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:
鈥?High Temprature
鈥?Low Temprature
By Region [Volume (M lbs) and Value ($ Million) from 2012 to 2023]:
鈥?North America
鈥?Europe
鈥?APAC
鈥?ROW
This 259-page research report will enable you to make co. Wholesale Jerseys Wholesale Jerseys China Cheap NFL Jerseys Cheap Nike Shoes Free Shipping Wholesale Womens Jordan Shoes Wholesale Air Max Womens Wholesale Vapormax Womens Wholesale Nike TN Cheap Air Jordans Youth Wholesale Authentic Nike Shoes
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