According to a new country report published by Lucintel, the future of continuous fiber thermoplastics (CFT) market in the United States looks promising with opportunities in transportation, aerospace & defense, industrial, and sporting goods industries. The CFT market in the United States is primarily driven by growing demand for thermoplastic composites in different end use industries due to its higher performance and environmental benefits.
This report studies factors affecting the CFT market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts aerospace & defense segment is expected to remain the largest market by value and transportation segment by volume. Expected growth in the development and production of advanced aircraft models, increasing use of lightweight composites in new aircraft programs, such as Boeing 787, Airbus A350, and growing use of lightweight materials in transportation industry are the major driving forces that spur growth for these segments over the forecast period.
Emerging trends which have a direct impact on the dynamics of the continuous fiber thermoplastics (CFT) industry include continuous innovation and development of new products and applications particularly in automotive and aerospace industries, and close collaboration of players in different nodes in the supply chain.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the CFT market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Continuous Fiber Thermoplastics Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the CFT market in the United States by end use industry, material form, reinforcement, resin, and use temperature as follows:
Continuous fiber thermoplastics (CFT) by end use industry [Volume (Million lbs) and Value ($ Million) from 2014 to 2025]:
• Transportation
• Sporting Goods
• Industrial
• Aerospace & Defense
• Others
Continuous fiber thermoplastics (CFT) by material form [volume (Million lbs) and Value ($ Million) from 2014 to 2025]:
• UD Tape
• Prepreg (Fabric)
• Commingled Fiber and Fabric
• Other - Pultruded Laminate
Continuous fiber thermoplastics (CFT) by reinforcement [volume (Million lbs) and Value ($ Million) from 2014 to 2025]:
• Carbon Fiber
• Glass Fiber
• Others
Continuous fiber thermoplastics (CFT) by use temperature [volume (Million lbs) and Value ($ Million) from 2014 to 2025]:
• High Temperature
• Low Temperature
Continuous fiber thermoplastics (CFT) by resin [volume (Million lbs) and Value ($ Million) from 2014 to 2025]:
• PP
• PEEK
• PPS
• PA
• PEI
• PEKK
• Others
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/continuous-fiber-thermoplastics.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com