Carbon Fiber Thermoplastic Composites Market is Expected to Exceed USD 17 Billion by 2026 says Profshare Market Research

New York, New York, UNITED STATES


NEW YORK, April 09, 2018 (GLOBE NEWSWIRE) -- Carbon Fiber Thermoplastic Composites Market is expected to reach 17.5 billion by 2026 at CAGR of 4.12%. Carbon fiber reinforced thermoplastic composites (CFRTP) are lightweight materials that display high strength, high elastic modulus, and high potential for low-cost manufacturing or secondary fabrication, which are attractive characteristics for many industrial applications. Fiber reinforced thermoplastic resin composites have a number of advantages such as high fracture toughness, recyclability and possibility to re-melt and reprocess compared with thermo-setting composites. Therefore, the CFRTP is very keen under global environmental issue in which natural resources are effectively used. 

The introduction of new materials, particularly for aerospace products, is not a simple, quick or cheap task. New materials and associated processes require extensive and high cost qualification and must meet challenging manufacturing, strength, stiffness, durability, inspection and maintenance requirements, as well as emerging recycling-reuse targets, obligations and directives. Considering the structural design process, a design is traditionally conceived using experience in combination with highly idealized performance models. 

Thermoplastic materials typically exhibit high toughness, high service temperature and shorter manufacturing cycle times, as part manufacture does not rely on a chemical process. In addition, thermoplastic raw materials do not have short shelf lives nor do they require refrigerated storage as with typical aerospace thermosetting resins. Moreover, thermoplastic resins are re-processable, making it possible to efficiently repair local defects in service, an advantage for large, expensive unitised structures.

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Carbon Fiber Thermoplastic Composites Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Carbon Fiber Thermoplastic Composites Market:
• Celanese Corporation (US)

• DuPont (US)

• Royal DSM N.V. (Netherlands)

• Koninklijke Ten Cate bv (Netherlands)

• SABIC (Saudi Arabia)

• Lanxess AG (Germany)

• Solvay S.A. (Belgium)

• BASF SE (Germany)

• PlastiComp, Inc. (US)

• PolyOne Corporation (US)

• Quadrant AG (Switzerland)

Carbon Fiber Thermoplastic Composites Market: Product Type

• Short Fiber Thermoplastic Composites

• Long Fiber Thermoplastic Composites

• Continuous Fiber Thermoplastic Composites

• Glass Mat Thermoplastic Composites

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Carbon Fiber Thermoplastic Composites Market: Vessel Type

• Electrical & Electronics

• Transportation

• Aerospace & Defense

Carbon Fiber Thermoplastic Composites Market report delivers comprehensive analysis of :

• Market Forecast for 2018-26
• Market growth drivers
• Challenges and Opportunities
• Emerging and Current market trends
• Market player Capacity, Production, Revenue (Value)
• Supply (Production), Consumption, Export, Import analysis
• End user/application Analysis

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