Continuous Fiber-Reinforced Thermoplastic (CFRTP) Composites Market
Continuous Fiber-Reinforced Thermoplastic (CFRTP) Composites Market Analysis by Carbon Fiber, Glass Fiber and Aramid Fiber for Automotive, Aerospace, Electronics, and Sporting Goods from 2023 to 2033
Analysis of Continuous Fiber-Reinforced Thermoplastic (CFRTP) Composites Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Continuous Fiber-Reinforced Thermoplastic Composites Market Outlook (2023 to 2033
The global continuous fiber-reinforced thermoplastic composites market size is estimated at US$ 1.12 billion in 2023. Global demand for continuous fiber-reinforced thermoplastic composites is predicted to increase at a value CAGR of 7.8% and reach a market size of US$ 2.38 billion by 2033-end, which will be an expansion of more than 2X from 2023.
- Worldwide demand for glass fiber composites is predicted to advance at a CAGR of 7.9% and reach a valuation of US$ 977.1 million by 2033-end.
- Sales of CFRTP composites in the United States are expected to register a CAGR of 7.8% and reach a market revenue of US$ 1.12 billion by the end of 2033.
Manufacturers of continuous fiber-reinforced thermoplastic composites are actively participating to promote their business. Owing to the distinctive properties of continuous fiber-reinforced thermoplastic composites, their demand in different industries, including aerospace, electronics, and automotive is increasing significantly compared to glass fiber and carbon fiber.
Continuous fiber-reinforced thermoplastic composites are lightweight and durable. They ensure a significant weight reduction and provide stiffness & strength to end products. There are multiple advantages, which are associated with continuous fiber-reinforced thermoplastic composites, including excellent load-carrying ability and resistance to cracks and deformation. Moreover, the low coefficient of thermal expansion and the high strength-to-weight ratio are some other pivotal advantages, which are contributing to their demand.
Increasing adoption of environmental-friendly vehicles is predicted to boost demand for continuous fiber-reinforced thermoplastic composites. Fuel efficiency is directly related to the vehicle’s weight, therefore a significant increase in the demand for lightweight materials is estimated to pave the way to generate lucrative opportunities for suppliers of continuous fiber-reinforced thermoplastic composites.
In recent years, electric vehicles (EVs) are gaining traction around the world. Continuous fiber-reinforced thermoplastic composites are extremely useful in the parts of EVs and have high strength. Research by Fact.MR indicates that rising demand for electric vehicles due to consumer awareness about efficient and pollution-free vehicles is predicted to boost sales of continuous fiber-reinforced thermoplastic composites in the coming years.
Fact.MR, a provider of market research and competitive intelligence, in its recently published research report provided a thorough analysis of the target market. This report offers a detailed insight into key market trends, growth drivers, regional overview, new developments, key market players, growth restraints, pricing trends, and various other aspects.
Report Attributes |
Details |
|
Market Size in 2023 |
US$ 1.12 Billion |
|
Forecasted Market Value (2033) |
US$ 2.38 Billion |
|
Global Market Growth Rate (2023 to 2033) |
7.8% CAGR |
|
United States Market Value (2033) |
US$ 1.12 billion |
|
United Kingdom Market Growth Rate (2023 to 2033) |
7.2% CAGR |
|
Automotive Industry Segment Value (2033) |
789.3 Million |
|
Demand Growth of Glass Fiber Composites (2923 to 2033) |
7.9% CAGR |
|
Key Companies Profiled |
|
Know thy Competitors
Competitive landscape highlights only certain players
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How is the CFRTP Composites Market Projected to Evolve Globally?
“Increasing Adoption of Environment-friendly Vehicles Fueling Demand for CFRTP Composites”
Fuel efficiency is closely related to the weight of any vehicle. In recent years, there is a significant increase in the demand for lightweight materials in automobile manufacturing, which is predicted to bolster demand for continuous fiber-reinforced thermoplastic composites.
Electrical vehicles (EVs) are gaining traction around the world and are environment-friendly. CFRTP composites contribute significantly to reducing the weight of vehicles and have high strength. Therefore, owing to these features, the demand for continuous fiber-reinforced thermoplastic composites is increasing in the manufacturing of EVs.
The growing market for EVs is predicted to increase consumer awareness about efficient and pollution-free vehicles to further meet the growing demand for lightweight vehicles. These factors are further projected to boost sales of continuous fiber-reinforced thermoplastic composites.
“Growing Use of Continuous Fiber-Reinforced Thermoplastic Composites in Several Industries”
Continuous fiber-reinforced thermoplastic composites are lightweight and durable. They assist in significant weight reduction and stiffness & strength to end products.
They have multiple advantages, including excellent load-carrying ability and a high strength-to-weight ratio. Moreover, resistance to cracks and deformation is also ensured by continuous fiber-reinforced thermoplastic composites. Owing to these above-mentioned merits, CFRTP composites are utilized in various end-use industries, including aerospace, electronics, automotive, and others.
Which Factors are Estimated to Adversely Impact Demand Growth for CFRTP Composites?
“High Cost and Conductivity of CFRTP Composites Restraining Their Adoption”
The manufacturing cost of continuous fiber-reinforced thermoplastic composite materials is comparatively high, which is predicted to adversely impact their demand. Conductivity in continuous fiber-reinforced thermoplastic composites works as a merit as well as a drawback, which is predicted to impact their demand. Glass fibers are insulated whereas carbon fibers are conductive.
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What Opportunities are Available for Start-ups in the Global Market?
“Technological Advancements to Produce More Efficient CFRTP Composites”
New entrants in the continuous fiber-reinforced thermoplastic composites market can invest in technological advancements to produce highly efficient products at economical prices. The newly manufactured CFRTP composites can find application in automobile manufacturing, industrial production, and consumer market.
Country-wise Insights
Which Asia Pacific Markets Project Promising Growth Opportunities?
“Well-developed Automotive Industry in Japan Stimulating Sales of CFRTP Composites”
Consumption of continuous fiber-reinforced thermoplastic composites in Japan is estimated to advance at 5.2% CAGR and reach a value of US$ 78.5 million by the end of 2033.
The automobile industry is a significant pillar of Japan’s economy. Companies, including Nissan, Honda, and Toyota are leaders in the automobile industry there. Therefore, increased demand for engineering thermoplastic, thermoplastic polyurethane, and continuous fiber-reinforced thermoplastic composites is anticipated in automobile manufacturing.
“Increasing Focus on Manufacturing EVs in South Korea”
The South Korean market is projected to expand at a CAGR of 4.7% and reach a market valuation of US$ 68.9 million by the end of 2033.
More people from South Korea are inclined to use electric vehicles due to their fuel efficiency and environment-friendly nature. Therefore, manufacturers of EVs are concentrating on their increased production, which is predicted to stimulate demand for continuous fiber-reinforced thermoplastic composites.
How is the United States Market Anticipated to Evolve Over the Decade?
“Presence of Prominent Automobile Manufacturers Driving Increased Demand for CFRTP Composites”
The presence of key automobile manufacturers, including General Motors, Ford Motor Company, Tesla, and Chrysler in the United States is predicted to contribute to the rising demand for continuous fiber-reinforced thermoplastic composites in the coming decade.
The United States market is forecasted to expand at a high CAGR of 7.8% and reach US$ 1.12 billion by the end of 2033. Increasing disposable income of Americans is also estimated to put a direct impact on the demand for automobiles due to their increased spending capacity on different lifestyle products, which is predicted to impact target market growth.
In recent years, there has been a significant increase in the demand for customized vehicles, which has led to high demand for CFRTP composites to provide desirable performance and specifications. Moreover, increasing construction activities in residential and commercial sectors are also anticipated to stimulate demand for continuous fiber-reinforced thermoplastic composites.
Why is the United Kingdom Exhibiting High Demand for CFRTP Composites?
“Growing Use of Continuous Fiber-Reinforced Thermoplastic Composites in Aerospace Industry”
Demand for continuous fiber-reinforced thermoplastic composites is forecasted to register a CAGR of 7.2% in the United Kingdom and reach US$ 116.5 million by 2033-end.
The United Kingdom’s aerospace industry holds a noteworthy share of the global market revenue. Continuous fiber-reinforced thermoplastic composites are widely used in the aerospace sector owing to their high strength, corrosion resistance, fatigue resistance, and lightweight.
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Category-wise Insights
Why are Glass Fiber Composites Significantly Preferred Around the World?
“Low Cost and Simple Fabrication Methods of Glass Fiber Composites”
Based on product type, the global industry is classified into carbon fiber, glass fiber, and aramid fiber. Among these, glass fiber composites held around 40% of global market revenue in 2022 and are predicted to lead in the forecasted period. Sales of glass fiber composites are anticipated to advance at a CAGR of 7.9% and reach a valuation of US$ 977.1 million by the end of 2033.
Glass fiber composites come with various features, including the ability to process with numerous resins, simple fabrication methods, and low cost. They are widely used in construction, electronics, transportation, and other sectors.
Why is the Automotive Industry a Prominent End User of This Market?
“Rising Demand to Reduce Vehicle Weight Boosting Use of CFRTP Composites”
Automotive, aerospace, electronics, and consumer goods are some key application areas, which are contributing to increased demand for continuous fiber-reinforced thermoplastic composites around the world. Among these, the automotive sector is expected to hold a substantial share of the global market revenue.
Sales of continuous fiber-reinforced thermoplastic composites are predicted to rise at a CAGR of 8.3% in the automotive sector and reach a valuation of US$ 789.3 million by 2033-end.
Stringent government regulations for vehicular emissions along with requirements for growing fuel efficiency are projected to compel manufacturers of automobiles to take some essential steps to reduce the overall weight of vehicles. Continuous fiber-reinforced thermoplastic composites are adopted as a natural fit for the protection of automotive underbody. They are predicted to become popular in the automotive industry owing to their ability to reduce weight.
Continuous fiber-reinforced thermoplastic composites are used extensively in a wide variety of external and internal automotive components to offer distinct weight and structural advantages. Various automakers and OEMs (original equipment manufacturers) are widely using continuous fiber-reinforced thermoplastic composites to cut down carbon emissions and reduce vehicle weight.
Big automobile manufacturers and start-ups are considering the incorporation of carbon fiber composites in electric vehicles and trucks. The increased adoption of continuous fiber-reinforced thermoplastic composites is helping automotive manufacturers fill in various functional hardware, especially gadgets.
Key Market Players
Prominent suppliers of continuous fiber-reinforced thermoplastic composites are concentrating on ensuring the availability of user-friendly and more effective products to respective end users. They aim to target a larger base of reliable consumers. They are also incorporating certain advanced manufacturing techniques to ensure product standards and product quality. Supply chain management systems are also worked upon by them to deliver products safely and on time.
Key players in the continuous fiber-reinforced thermoplastic composites market are concentrating to expand their consumer base.
For instance :
- PolyOne Corporation, in 2019, launched new thermoplastic composite products at CHINAPLAS. The company introduced Complet LFT formulations. It is a thermoplastic composite, which has PP and PEEK as a base resin. These newly launched products are predicted to meet the increased performance and design requirements.
Some leading manufacturers of continuous fiber-reinforced thermoplastic composites are Lanxess, Celanese, TenCate, Tri-Mack, PolyOne Corporation, Polystrand, US Liner, AXIA Materials, Aonix, Ningbo Huaye Material, Guangzhou Kingfa Carbon Fiber, and Zhejiang Double Fish Plastics.
Segmentation of Continuous Fiber-Reinforced Thermoplastic (CFRTP) Composites Industry Research
-
By Product Type :
- Carbon Fiber
- Glass Fiber
- Aramid Fiber
-
By Application :
- Automotive
- Aerospace
- Electronics
- Sporting Goods
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 2.3. Inclusions/Exclusions 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product modifications /Innovation 4. Key Success Factors 4.1. Strategic Developments 4.2. Key regulations 4.3. Product USPs /Technology 4.4. List of manufacturers and providers 5. Market Background 5.1. Macro-Economic Factors 5.1.1. Global GDP outlook 5.1.2. Increasing R&D Expenditure 5.2. Forecast Factors - Relevance & Impact 5.2.1. New product launches 5.2.2. Cost of products 5.2.3. Increasing adoption of Continuous Fiber-Reinforced Thermoplastic (CFRTP) Compositess 5.3. Market Dynamics 5.3.1. Drivers 5.3.2. Restraints 5.3.3. Opportunity Analysis 6. COVID19 Crisis Analysis 6.1.1. Current COVID19 Statistics and Probable Future Impact 6.1.2. Current GDP Projection and Probable Impact 6.1.3. Current Economic Projection as compared to 2008 Economic analysis 6.1.4. COVID19 and Impact Analysis 6.1.4.1. Revenue By Product 6.1.4.2. Revenue By Application 6.1.4.3. Revenue By Country 6.1.5. 2020 Market Scenario 6.1.6. Quarter by Quarter Forecast 6.1.7. Projected Recovery Quarter 7. Global Market Volume (Units) Analysis 2018-2022 and Forecast, 2023-2033 7.1. Historical Market Volume (Units) Analysis, 2018-2022 7.2. Current and Future Market Volume (Units) Projections, 2023-2033 7.2.1. Y-o-Y Growth Trend Analysis 8. Global Market - Pricing Analysis 8.1. Regional Pricing Analysis By Product 8.2. Pricing Break-up 8.2.1. Manufacturer Level Pricing 8.2.2. Distributor Level Pricing 8.3. Global Average Pricing Analysis Benchmark 9. Global Market Value Analysis 2018-2022 and Forecast, 2023-2033 9.1. Historical Market Value (US$ Mn) Analysis, 2018-2022 9.2. Current and Future Market Value (US$ Mn) Projections, 2023-2033 9.2.1. Y-o-Y Growth Trend Analysis 9.2.2. Absolute $ Opportunity Analysis 10. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Product 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Analysis By Products & Services, 2018-2022 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product, 2023-2033 10.3.1. Carbon Fiber 10.3.2. Glass Fiber 10.3.3. Aramid Fiber 10.4. Market Attractiveness Analysis By Product 11. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Application 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Analysis By Application , 2018-2022 11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Application , 2023-2033 11.3.1. Automotive 11.3.2. Aerospace 11.3.3. Electronics 11.3.4. Sporting Goods 11.4. Market Attractiveness Analysis By Application 12. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Analysis By Region, 2018-2022 12.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2023-2033 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia 12.3.6. Oceania 12.3.7. Middle East and Africa (MEA) 12.4. Market Attractiveness Analysis By Region 13. North America Market Analysis 2018-2022 and Forecast 2023-2033 13.1. Introduction 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022 13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 13.3.1. By Country 13.3.1.1. U.S. 13.3.1.2. Canada 13.3.2. By Product 13.3.3. By Application 13.4. Market Attractiveness Analysis 13.5. Key Market Participants - Intensity Mapping 13.6. Drivers and Restraints - Impact Analysis 14. Latin America Market Analysis 2018-2022 and Forecast 2023-2033 14.1. Introduction 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022 14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 14.3.1. By Country 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Argentina 14.3.1.4. Rest of Latin America 14.3.2. By Product 14.3.3. By Application 14.4. Market Attractiveness Analysis 14.5. Key Market Participants - Intensity Mapping 14.6. Drivers and Restraints - Impact Analysis 15. Europe Market Analysis 2018-2022 and Forecast 2023-2033 15.1. Introduction 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022 15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 15.3.1. By Country 15.3.1.1. Germany 15.3.1.2. Italy 15.3.1.3. France 15.3.1.4. U.K. 15.3.1.5. Spain 15.3.1.6. Russia 15.3.1.7. Rest of Europe 15.3.2. By Product 15.3.3. By Application 15.4. Market Attractiveness Analysis 15.5. Key Market Participants - Intensity Mapping 15.6. Drivers and Restraints - Impact Analysis 16. South Asia Market Analysis 2018-2022 and Forecast 2023-2033 16.1. Introduction 16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022 16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 16.3.1. By Country 16.3.1.1. India 16.3.1.2. Thailand 16.3.1.3. Indonesia 16.3.1.4. Malaysia 16.3.1.5. Rest of South Asia 16.3.2. By Product 16.3.3. By Application 16.4. Market Attractiveness Analysis 16.5. Key Market Participants - Intensity Mapping 16.6. Drivers and Restraints - Impact Analysis 17. East Asia Market Analysis 2018-2022 and Forecast 2023-2033 17.1. Introduction 17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022 17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 17.3.1. By Country 17.3.1.1. China 17.3.1.2. Japan 17.3.1.3. South Korea 17.3.1.4. Rest of East Asia 17.3.2. By Product 17.3.3. By Application 17.4. Market Attractiveness Analysis 17.5. Key Market Participants - Intensity Mapping 17.6. Drivers and Restraints - Impact Analysis 18. Oceania Market Analysis 2018-2022 and Forecast 2023-2033 18.1. Introduction 18.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022 18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 18.3.1. By Country 18.3.1.1. Australia 18.3.1.2. New Zealand 18.3.2. By Product 18.3.3. By Application 18.4. Market Attractiveness Analysis 18.5. Key Market Participants - Intensity Mapping 18.6. Drivers and Restraints - Impact Analysis 19. Middle East and Africa Market Analysis 2018-2022 and Forecast 2023-2033 19.1. Introduction 19.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018-2022 19.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023-2033 19.3.1. By Country 19.3.1.1. GCC Countries 19.3.1.2. South Africa 19.3.1.3. Rest of Middle East and Africa 19.3.2. By Product 19.3.3. By Application 19.4. Market Attractiveness Analysis 19.5. Drivers and Restraints - Impact Analysis 20. Key and Emerging Countries Market Analysis 2018-2022 and Forecast 2023-2033 20.1. Introduction 20.1.1. Market Value Proportion Analysis, By Key Countries 20.1.2. Global Vs. Country Growth Comparison 20.2. U.S. Market Analysis 20.2.1. By Product 20.2.2. By Application 20.3. Canada Market Analysis 20.3.1. By Product 20.3.2. By Application 20.4. Mexico Market Analysis 20.4.1. By Product 20.4.2. By Application 20.5. Brazil Market Analysis 20.5.1. By Product 20.5.2. By Application 20.6. U.K. Market Analysis 20.6.1. By Product 20.6.2. By Application 20.7. Germany Market Analysis 20.7.1. By Product 20.7.2. By Application 20.8. France Market Analysis 20.8.1. By Product 20.8.2. By Application 20.9. Italy Market Analysis 20.9.1. By Product 20.9.2. By Application 20.10. Spain Market Analysis 20.10.1. By Product 20.10.2. By Application 20.11. BENELUX Market Analysis 20.11.1. By Product 20.11.2. By Application 20.12. Russia Market Analysis 20.12.1. By Product 20.12.2. By Application 20.13. China Market Analysis 20.13.1. By Product 20.13.2. By Application 20.14. Japan Market Analysis 20.14.1. By Product 20.14.2. By Application 20.15. South Korea Market Analysis 20.15.1. By Product 20.15.2. By Application 20.16. India Market Analysis 20.16.1. By Product 20.16.2. By Application 20.17. ASEAN Market Analysis 20.17.1. By Product 20.17.2. By Application 20.18. Australia Market Analysis 20.18.1. By Product 20.18.2. By Application 20.19. New Zealand Market Analysis 20.19.1. By Product 20.19.2. By Application 20.20. GCC Countries Market Analysis 20.20.1. By Product 20.20.2. By Application 20.21. Turkey Market Analysis 20.21.1. By Product 20.21.2. By Application 20.22. South Africa Market Analysis 20.22.1. By Product 20.22.2. By Application 21. Market Structure Analysis 21.1. Market Analysis by Tier of Companies 21.2. Market Concentration 21.3. Market Share Analysis of Top Players 21.4. Market Presence Analysis 21.4.1. By Regional footprint of Players 21.4.2. Product foot print by Players 21.4.3. Channel Foot Print by Players 22. Competition Analysis 22.1. Competition Dashboard 22.2. Competition Benchmarking 22.3. Competition Deep dive 22.3.1. Lanxess 22.3.1.1. Overview 22.3.1.2. Product Portfolio 22.3.1.3. Profitability by Market Segments (Product/Channel/Region) 22.3.1.4. Sales Footprint 22.3.1.5. Strategy Overview 22.3.1.5.1. Marketing Strategy 22.3.1.5.2. Product Strategy 22.3.1.5.3. Channel Strategy 22.3.2. TenCate 22.3.2.1. Overview 22.3.2.2. Product Portfolio 22.3.2.3. Profitability by Market Segments (Product/Channel/Region) 22.3.2.4. Sales Footprint 22.3.2.5. Strategy Overview 22.3.2.5.1. Marketing Strategy 22.3.2.5.2. Product Strategy 22.3.2.5.3. Channel Strategy 22.3.3. Celanese 22.3.3.1. Overview 22.3.3.2. Product Portfolio 22.3.3.3. Profitability by Market Segments (Product/Channel/Region) 22.3.3.4. Sales Footprint 22.3.3.5. Strategy Overview 22.3.3.5.1. Marketing Strategy 22.3.3.5.2. Product Strategy 22.3.3.5.3. Channel Strategy 22.3.4. Polystrand 22.3.4.1. Overview 22.3.4.2. Product Portfolio 22.3.4.3. Profitability by Market Segments (Product/Channel/Region) 22.3.4.4. Sales Footprint 22.3.4.5. Strategy Overview 22.3.4.5.1. Marketing Strategy 22.3.4.5.2. Product Strategy 22.3.4.5.3. Channel Strategy 22.3.5. Tri-Mack 22.3.5.1. Overview 22.3.5.2. Product Portfolio 22.3.5.3. Profitability by Market Segments (Product/Channel/Region) 22.3.5.4. Sales Footprint 22.3.5.5. Strategy Overview 22.3.5.5.1. Marketing Strategy 22.3.5.5.2. Product Strategy 22.3.5.5.3. Channel Strategy 22.3.6. AXIA Materials 22.3.6.1. Overview 22.3.6.2. Product Portfolio 22.3.6.3. Profitability by Market Segments (Product/Channel/Region) 22.3.6.4. Sales Footprint 22.3.6.5. Strategy Overview 22.3.6.5.1. Marketing Strategy 22.3.6.5.2. Product Strategy 22.3.6.5.3. Channel Strategy 22.3.7. US Liner 22.3.7.1. Overview 22.3.7.2. Product Portfolio 22.3.7.3. Profitability by Market Segments (Product/Channel/Region) 22.3.7.4. Sales Footprint 22.3.7.5. Strategy Overview 22.3.7.5.1. Marketing Strategy 22.3.7.5.2. Product Strategy 22.3.7.5.3. Channel Strategy 22.3.8. Aonix 22.3.8.1. Overview 22.3.8.2. Product Portfolio 22.3.8.3. Profitability by Market Segments (Product/Channel/Region) 22.3.8.4. Sales Footprint 22.3.8.5. Strategy Overview 22.3.8.5.1. Marketing Strategy 22.3.8.5.2. Product Strategy 22.3.8.5.3. Channel Strategy 22.3.9. Lingol 22.3.9.1. Overview 22.3.9.2. Product Portfolio 22.3.9.3. Profitability by Market Segments (Product/Channel/Region) 22.3.9.4. Sales Footprint 22.3.9.5. Strategy Overview 22.3.9.5.1. Marketing Strategy 22.3.9.5.2. Product Strategy 22.3.9.5.3. Channel Strategy 22.3.10. Ningbo Huaye Material 22.3.10.1. Overview 22.3.10.2. Product Portfolio 22.3.10.3. Profitability by Market Segments (Product/Channel/Region) 22.3.10.4. Sales Footprint 22.3.10.5. Strategy Overview 22.3.10.5.1. Marketing Strategy 22.3.10.5.2. Product Strategy 22.3.10.5.3. Channel Strategy 22.3.11. QIYI Tech 22.3.11.1. Overview 22.3.11.2. Product Portfolio 22.3.11.3. Profitability by Market Segments (Product/Channel/Region) 22.3.11.4. Sales Footprint 22.3.11.5. Strategy Overview 22.3.11.5.1. Marketing Strategy 22.3.11.5.2. Product Strategy 22.3.11.5.3. Channel Strategy 22.3.12. Zhejiang Double Fish Plastics 22.3.12.1. Overview 22.3.12.2. Product Portfolio 22.3.12.3. Profitability by Market Segments (Product/Channel/Region) 22.3.12.4. Sales Footprint 22.3.12.5. Strategy Overview 22.3.12.5.1. Marketing Strategy 22.3.12.5.2. Product Strategy 22.3.12.5.3. Channel Strategy 22.3.13. Guangzhou Kingfa Carbon Fiber 22.3.13.1. Overview 22.3.13.2. Product Portfolio 22.3.13.3. Profitability by Market Segments (Product/Channel/Region) 22.3.13.4. Sales Footprint 22.3.13.5. Strategy Overview 22.3.13.5.1. Marketing Strategy 22.3.13.5.2. Product Strategy 22.3.13.5.3. Channel Strategy 23. Assumptions and Acronyms Used 24. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018-2033, By Product
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Product
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2023-2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Product
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2023-2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Product
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2023-2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Product
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2023-2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Product
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2023-2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Product
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2023-2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Product
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018-2022 and Forecast 2023-2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Product
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018-2033, By Application
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018-2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023-2033
Figure 03: Pricing Analysis (US$) Per Product, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Product, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018-2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023-2033
Figure 07: Global Market Absolute $ Opportunity, 2023-2033
Figure 08: Global Market Share Analysis (%), By Product, 2023-2033
Figure 09: Global Market Y-o-Y Analysis (%), By Product, 2023-2033
Figure 10: Global Market Attractiveness Analysis by Product, 2023-2033
Figure 11: Global Market Share Analysis (%), By Application, 2023-2033
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2023-2033
Figure 13: Global Market Attractiveness Analysis by Application, 2023-2033
Figure 14: Global Market Share Analysis (%), By Region, 2023-2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023-2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023-2033
Figure 17: North America Market Value Share, By Product, 2023 (E)
Figure 18: North America Market Value Share, By Application, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018-2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023-2033
Figure 22: North America Market Attractiveness Analysis by Product, 2023-2033
Figure 23: North America Market Attractiveness Analysis by Application, 2023-2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023-2033
Figure 25: Latin America Market Value Share, By Product, 2023 (E)
Figure 26: Latin America Market Value Share, By Application, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018-2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023-2033
Figure 30: Latin America Market Attractiveness Analysis by Product, 2023-2033
Figure 31: Latin America Market Attractiveness Analysis by Application, 2023-2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023-2033
Figure 33: Europe Market Value Share, By Product, 2023 (E)
Figure 34: Europe Market Value Share, By Application, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018-2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023-2033
Figure 38: Europe Market Attractiveness Analysis by Product, 2023-2033
Figure 39: Europe Market Attractiveness Analysis by Application, 2023-2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023-2033
Figure 41: South Asia Market Value Share, By Product, 2023 (E)
Figure 42: South Asia Market Value Share, By Application, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018-2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023-2033
Figure 46: South Asia Market Attractiveness Analysis by Product, 2023-2033
Figure 47: South Asia Market Attractiveness Analysis by Application, 2023-2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023-2033
Figure 49: East Asia Market Value Share, By Product, 2023 (E)
Figure 50: East Asia Market Value Share, By Application, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018-2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023-2033
Figure 54: East Asia Market Attractiveness Analysis by Product, 2023-2033
Figure 55: East Asia Market Attractiveness Analysis by Application, 2023-2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023-2033
Figure 57: Oceania Market Value Share, By Product, 2023 (E)
Figure 58: Oceania Market Value Share, By Application, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018-2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023-2033
Figure 62: Oceania Market Attractiveness Analysis by Product, 2023-2033
Figure 63: Oceania Market Attractiveness Analysis by Application, 2023-2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023-2033
Figure 65: Middle East and Africa Market Value Share, By Product, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By Application, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018-2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023-2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Product, 2023-2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2023-2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023-2033
Figure 73: U. S. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: U. S. Market Value Share, By Product, 2023 (E)
Figure 75: U. S. Market Value Share, By Application, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Product, 2023 (E)
Figure 78: Canada Market Value Share, By Application, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Product, 2023 (E)
Figure 81: Mexico Market Value Share, By Application, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Product, 2023 (E)
Figure 84: Brazil Market Value Share, By Application, 2023 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: U. K. Market Value Share, By Product, 2023 (E)
Figure 87: U. K. Market Value Share, By Application, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Product, 2023 (E)
Figure 90: Germany Market Value Share, By Application, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Product, 2023 (E)
Figure 93: France Market Value Share, By Application, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Product, 2023 (E)
Figure 96: Italy Market Value Share, By Application, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Product, 2023 (E)
Figure 99: Spain Market Value Share, By Application, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Product, 2023 (E)
Figure 102: Russia Market Value Share, By Application, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Product, 2023 (E)
Figure 105: China Market Value Share, By Application, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Product, 2023 (E)
Figure 108: Japan Market Value Share, By Application, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Product, 2023 (E)
Figure 111: South Korea Market Value Share, By Application, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Product, 2023 (E)
Figure 114: India Market Value Share, By Application, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Product, 2023 (E)
Figure 117: ASEAN Market Value Share, By Application, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Product, 2023 (E)
Figure 120: Australia Market Value Share, By Application, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Product, 2023 (E)
Figure 123: New Zealand Market Value Share, By Application, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Product, 2023 (E)
Figure 126: GCC Countries Market Value Share, By Application, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Product, 2023 (E)
Figure 129: Turkey Market Value Share, By Application, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Product, 2023 (E)
Figure 132: South Africa Market Value Share, By Application, 2023 (E)
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- FAQs -
What is the present value of the continuous fiber-reinforced thermoplastic (CFRTP) composites market?
The global CFRTP composites market is estimated at US$ 1.12 billion in 2023.
At what percentage is the demand for CFRTP composites estimated to increase through 2033?
Sales of continuous fiber-reinforced thermoplastic composites are forecasted to advance at a CAGR of 7.8% from 2023 to 2033.
What is the forecasted valuation of the United States market for 2033?
The United States market for CFRTP composites is expected to reach US$ 1.12 billion by 2033-end.
What is the projected valuation of continuous fiber-reinforced thermoplastic composites in the automotive sector?
The demand for continuous fiber-reinforced thermoplastic composites in the automotive industry is estimated to reach a value of US$ 789.3 million by 2033-end.
What is the forecasted value of the global CFRTP composites market for 2033?
The market for continuous fiber-reinforced thermoplastic composites is forecasted to reach US$ 2.38 billion by 2033-end.
Who are key manufacturers of continuous fiber-reinforced thermoplastic composites?
Lanxess, Celanese, TenCate, Tri-Mack, PolyOne Corporation, Polystrand, US Liner, AXIA Materials, Aonix, and Ningbo Huaye Material are leading producers of CFRTP composites.
Continuous Fiber-Reinforced Thermoplastic (CFRTP) Composites Market