Global Continuous Fiber Reinforced Thermoplastic CFR TP market research

Global Continuous Fiber Reinforced Thermoplastic CFR TP market will reach 240 million US$ by the end of 2025 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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• Continuous fiber reinforced thermoplastic composites are a new material that offer superior combination of lightweight and stiffness. They are also are also freely formable, easy to process and recyclable. • Continuous fiber reinforced thermoplastic composites are mainly made by thermoplastic polymer matrix and fiber reinforcements.

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• Due to their properties, such as lightweight, stiffness, etc., continuous fiber reinforced thermoplastic composites have become popular in many fields, such as automotive industry, aerospace, military, electronics and so on. • Continuous fiber reinforced thermoplastic composites are mainly made by thermoplastic resin and fiber reinforcement. Usually, PEEK, PP, PE, PET, PS can be chosen as resin matrix while carbon fiber, glass fiber, aramid fiber are preferred as fiber reinforcement.

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• Continuous fiber reinforced thermoplastic composites manufacturers are actively cooperating with their partners to promote their business. Although short fiber and long fiber thermoplastic composites account for the dominant place in the whole thermoplastic composites market, due to its own distinctive characteristics, continuous fiber reinforced thermoplastic composites market has increasing fast in the recent years.

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The global Continuous Fiber Reinforced Thermoplastic CFR TP market is valued at 200 million US$ in 2017 and will reach 240 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2018-2025.

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