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Global Thermoplastic Composites Market Analysis & Forecast to 2022, With an Expected CAGR of 8.34% - ResearchAndMarkets.com

August 7, 2018

DUBLIN--(BUSINESS WIRE)--Aug 7, 2018--The “Thermoplastic Composites Market Fiber Type (Glass, Carbon), Resin Type (PP, PA, PEEK), Product Type (Short Fiber, Long Fiber, Continuous Fiber, Glass Mat), Application (E&E, Transportation, A&D) and Region - Global Forecast to 2022” report has been added to ResearchAndMarkets.com’s offering.

The thermoplastic composites market is projected to grow from USD 28.09 billion in 2017 to USD 41.93 billion by 2022, at a CAGR of 8.34% from 2017 to 2022.

Polypropylene resins are widely used in transportation, electrical & electronics, marine, sporting goods, and building & construction applications, thereby contributing to the growth of the polypropylene resin segment of the thermoplastic composites market across the globe. Significant properties offered by polypropylene resins, which include high chemical resistance, fatigue resistance, insulation, elasticity, transmissivity, cost efficiency, and toughness contribute to their increased use in various applications.

Manufacturers of thermoplastic composites are increasingly adopting high-performance carbon fibers to manufacture Carbon-Fiber-Reinforced Thermoplastics (CFRTP), which are not only lightweight but also offer increased stiffness. The carbon fiber thermoplastic composites segment of the thermoplastic composites market is witnessing significant growth due to various technological innovations in the manufacturing processes of new high-value CFRTP, which is used in aerospace & defense and transportation applications.

The Asia Pacific thermoplastic composites market is projected grow at the highest CAGR during the forecast period. The growth of the Asia Pacific thermoplastic composites market can be attributed to increased use of thermoplastic composites in electrical & electronics and transportation applications.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Macroeconomic Overview

7 Thermoplastic Composites Market, By Fiber Type

8 Thermoplastic Composites Market, By Resin Type

9 Thermoplastic Composites Market, By Product Type

10 Thermoplastic Composites Market, By Application

11 Thermoplastic Composites Market, By Region

12 Competitive Landscape

13 Company Profiles

14 Appendix

Companies Mentioned

Asahi Kasei Plastics North America Inc. BASF SE Celanese Corporation Daicel Polymer Ltd. Dieffenbacher Dupont Hanwha Azdel JNC Corporation Kingfa Koninklijke Ten Cate BV Lanxess AG Plasticomp Inc. Polyone Corporation PPG Fiber Glass Inc. Quadrant AG Royal DSM N.V. Rtp Company, Inc. SABIC Sbhpp Solvay S.A. Suprem SA Technocompound GmbH Teijin Limited Victrex

For more information about this report visit https://www.researchandmarkets.com/research/k3s23w/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180807005469/en/

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Related Topics:Plastic Resins,Composites

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/07/2018 08:44 AM/DISC: 08/07/2018 08:44 AM

http://www.businesswire.com/news/home/20180807005469/en

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