CFRTP Market: Statistics by 2019-2025, Top Trends & Growth Drivers

sia-Pacific is fastest growing in CFRTP market during the expected timeframe owing to its rapid transformation and urbanization. Various countries in the region including China, Japan and India are witnessing growing automobile industries which will substantially drive the product market.

Delaware, United State - June 13, 2019 /MarketersMedia/ —

CFRTP Market size is expected to soar at high CAGR during the forecast period. Carbon fibre reinforced thermoplastic composite has wide range of applications in various industries including automotive, aerospace and consumer durables owing to its excellent properties such as strong impact strength, smoke & toxicity and lower weight. Further, extended product life and low maintenance properties will drive the CFRTP market.

Prominent drivers of CFRTP market is increasing demand of the product in automotive industry. Growing need for lightweight material in various industries including construction, marine and turbine industry will reinforce the product usage in forecast timeframe.

Request for In-Depth Table of Content of this Report @ https://www.gminsights.com/request-toc/upcoming/1725

On the basis of resin type CFRTP market is segmented into, polyamide, polyphenylene sulphide, polycarbonate and polyether ether ketone. It can also be divided on the basis of its manufacturing process into, RTM, compression molding, pultrusion, filament winding, injection molding and layup.

Based on the product design, CFRTP market is classified into, short carbon fibre, long carbon fibre and continuous carbon fibre. Among these, continuous carbon fibre is expected to grow at high CAGR during the forecast years owing to its high strength property as compared to short and long carbon fibre.

Based on the end-use industries, CFRTP market is bifurcated into, aerospace, automotive, sports, power generation, marine and construction. Amongst, aviation industry possesses significant share owing to its various properties including operational stability, chemical resistance, dimensional stability, lightweight and easy to construct over other traditional materials which include metal alloys and thermoset composites.

The CFRTP Market reports basic table of content consists of,
1. Methodology and Scope
2. Executive Summary
3. CFRTP Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 – 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter’s analysis
3.10. Company market share, 2018
3.11. PESTEL analysis
3.14. Regional price trends
4. CFRTP Product Insights
5. CFRTP Application Insights
6. CFRTPRegional Insights
7. Competitor Profiles

Browse More Report Summary @ https://www.gminsights.com/industry-analysis/cfrtp-market

North America contributes substantially in CFRTP market and is anticipated to be grow at a decent pace during the forecast period. Upsurge in demand for these products in aerospace and automobile industries in the region will accelerate its usage. Further, increasing usage of composites in key defense instruments and Boeing manufacturers will impel the product size.

Europe is a decent region in global CFRTP market, followed by America, the region is expected to rise at healthy CAGR between 2017 and 2024. The region is embodied by its fast growing and high-tech construction and automobile industries. Strict government regulations by European government regarding automotive emissions will increase the demand for such products in this industry, in turn, fostering the CFRTP market. The presence of giant manufacturers in automobile industries which include Audi, Ferrari, BMW, Mercedes and Volkswagen in the region will propel the compound usage.

Reasons to Buy This Report:
1. CFRTP Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. CFRTPMarket growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles

Make Customization in This Report @ https://www.gminsights.com/roc/1725

Some of the prominent manufacturers globally are BASF SE, Mitsubishi plastics, Formosa, SGL, Toray Carbon Fibres, SABIC and Huntsman. Several other leaders operating in the same industry are Solvay, Celanese, PolyOne, Royal Tencate, Hexcel, Teijin and Covestro.

Contact Info:
Name: Arun Hedge
Email: Send Email
Organization: Global Market Insights
Website: https://www.gminsights.com/industry-analysis/cfrtp-market

Source URL: https://marketersmedia.com/cfrtp-market-statistics-by-2019-2025-top-trends-growth-drivers/523855

Source: MarketersMedia

Release ID: 523855

Latest News

Medical groups warn climate change is a 'health emergency'

Jun 24, 2019

WASHINGTON — Dozens of medical and public health groups are aligning to push for a series of consensus commitments to combat climate change, bluntly defined by the organizations as "a health emergency." This comes as Democratic presidential hopefuls prepare for their first 2020 primary debate this week. The new climate change agenda released Monday by 74 groups including the American Medical Association and the American Heart Association comes amid early jostling among Democratic candidates over whose environmental platform is more progressive. The groups are pressing elected officials and presidential candidates to "meet and strengthen U.S. commitments" under the 2015 United...

The Latest: Tyler Perry recognized as an icon at BET Awards

Jun 24, 2019

LOS ANGELES — The Latest on the 2019 BET Awards, which are being presented Sunday at the Microsoft Theater (all times local): 8 p.m. Tyler Perry spoke about the worthiness of black women and his journey to become a filmmaker after accepting the Ultimate Icon Award at the BET Awards. Perry says he wants to be an inspiration more than an icon as he preached entrepreneurship on Sunday. He is best known for his African-American comedies and his character "Madea" through his film series. In 2006, Perry opened a 200,000-square-foot studio in Atlanta. He expanded and opened a different state-of-the-art...

Bikers gather for emotional ceremony following deadly crash

Jun 24, 2019

COLUMBIA, N.H. — A long-planned Blessing of the Bikes ceremony for motorcycle enthusiasts became a grief-filled memorial Sunday as hundreds converged to mourn seven bikers killed in a devastating crash with a pickup truck . About 400 motorcyclists gathered in Columbia, New Hampshire, for the ceremony — which is periodically held, but had special meaning for the motorcycle community in wake of the accident involving members of the Marine JarHeads, a motorcycle club that includes Marines and their spouses. "When they fall, we all fall," said Laura Cardinal, Vice President of the Manchester Motorcycle Club, adding that fellow bikers will...

Skydiving plane in Hawaii crash had scary 2016 mishap

Jun 24, 2019

HONOLULU — A skydiving plane that crashed in Hawaii, killing 11 people, was involved in a terrifying midair incident three years ago in Northern California that prompted the 14 skydivers aboard to jump earlier than planned to safety, according to government investigative records. The Beechcraft King Air plane crashed and burned on Oahu island's north shore Friday evening after witnesses said it appeared to turn back shortly after takeoff. In the July 23, 2016, incident near Byron, California, the twin-engine plane stalled three times and spun repeatedly before the pilot at that time managed to land it safely, the National...

Kids held by Border Patrol describe disturbing conditions

Jun 24, 2019

CLINT, Texas — In a tiny Texas town about a half-hour drive from El Paso, a nondescript Border Patrol station operated for six years primarily as a hub for agents on patrol, drawing little scrutiny from immigration attorneys who have been loudly advocating against mass U.S. detention camps that can hold more than 2,000 teens at a time. And so attorneys visiting the Border Patrol station in Clint, Texas, this week said they were shocked to find more than 250 infants, children and teens inside the complex of windowless buildings, trying to care for each other with what they described...

About Us

Travel Leisure Mag is New York City’s travel and lifestyle online magazine with the vision of creating a unique blend of valuable and quality travel experience to the readers. We trust that you will enjoy this experience.

Contact us: sales[at]travelleisuremag.com