Lucintel’s latest market report analyzed that Continuous Fiber Thermoplastic (CFT) provides attractive opportunities in the transportation, aerospace & defense, industrial and sporting goods industries. The Continuous Fiber Thermoplastic (CFT) market is expected to grow at a CAGR of 0.6%. In this market, UD tape is the largest segment by material form, whereas aerospace & defense is largest by end use industry. The prepregs are reinforcement materials available in unidirectional, woven, and laminate forms used in the various end use industries provides strategic growth path in this market.
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Based on material form, the Continuous Fiber Thermoplastic (CFT) market is segmented into UD tapes, prepreg (fabric), commingled fiber and fabric and others – pultruded laminate. The UD tapes segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period supported by the replacement of traditional materials.
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96 – Tables
131 – Figures
259 – Pages
The Continuous Fiber Thermoplastic (CFT) market is marked by the presence of several big and small players. Some of the prominent players offering Continuous Fiber Thermoplastic (CFT) include TenCate, Cytec Solvay Group, Lanxess, QIYI Technology, PolyStrand, AXIA Materials, Kingfa, and Celanese and othersroup Co., Ltd. and others.
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