CFRTP Market Scope 

CFRTP stands for Continuous Fiber-Reinforced Thermoplastic. It is a type of composite material that is made by reinforcing a thermoplastic matrix with continuous fibers. CFRTPs are known for their high strength, stiffness, and fatigue resistance, making them suitable for use in a variety of applications including automotive, aerospace, and construction. The CFRTP Market was valued at USD 680.0 Million in 2015, and is projected to reach USD 1,690.3 Million by 2026, at a CAGR of 8.66% between 2016 and 2026. The market for CFRTPs is expected to grow in the coming years due to the increasing demand for lightweight materials in various industries.

CFRTP Market Drivers 

There are several market drivers for continuous fiber reinforced thermoplastic (CFRTP) materials. Some of the key drivers include:

  1. Increasing demand for lightweight materials: CFRTP materials have a high strength-to-weight ratio, which makes them attractive for use in the aerospace, automotive, and sporting goods industries, where weight reduction is a key design consideration.
  2. Growing awareness of environmental benefits: CFRTP materials can be recycled, which makes them attractive for use in industries that are seeking to reduce their environmental impact.
  3. Rising demand for high-performance materials: CFRTP materials have excellent mechanical properties, including high tensile strength and stiffness, which makes them suitable for use in high-performance applications such as automotive and aerospace components.
  4. Increasing use of composite materials: CFRTP materials are composite materials, which means they are made from two or more materials with different physical and chemical properties. This combination of materials can result in improved performance compared to traditional materials.
  5. Technological advancements: Improvements in manufacturing processes and equipment have made it possible to produce CFRTP materials more efficiently and at lower costs, making them more competitive with traditional materials.

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CFRTP Market Restraints

There are several market restraints for continuous fiber reinforced thermoplastic (CFRTP) materials. Some of the restraints include:

  1. High cost: CFRTP is typically more expensive to produce than other composite materials, such as glass fiber-reinforced plastics (GFRP).
  2. Limited availability: CFRTP is not widely available, as it is produced by only a few manufacturers.
  3. Processing difficulties: CFRTP can be difficult to process, as it requires special equipment and expertise.
  4. Compatibility issues: CFRTP may not be compatible with certain adhesives and coatings, which can limit its use in certain applications.
  5. Limited design flexibility: CFRTP has limited design flexibility, as it is difficult to mold into complex shapes.
  6. Lack of standardization: There is a lack of standardization in the CFRTP industry, which can make it difficult for designers to accurately predict material properties and select the appropriate material for a given application.

CFRTP Market Key Players

  • BASF SE (Germany)
  • Celanese Corporation (U.S.)
  • Cytec Solvay (U.S.)
  • Du Pont (U.S.)
  • Gurit Holding Ag (Switzerland)
  • Quickstep Holdings Limited (Australia)
  • Saudi Basic Industries Corporation (Saudi Arabia)
  • SGL Group (Germany)
  • Teijin Ltd. (Japan)
  • Tencate (Netherlands)
  • the Dow Chemical Company (U.S.)
  • Toray Industries Inc. (Japan)

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Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 30)
    4.1 Significant Opportunities in the CFRTP Market
    4.2 CFRTP Market, By Resin Type
    4.3 CFRTP Market, By Application and Region
    4.4 CFRTP Market Share, By Country
    4.5 CFRTP Market, By Product Type
    4.6 CFRTP Market, By Application

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Resin Type
           5.2.2 By Product Type
           5.2.3 By Application
           5.2.4 By Region
    5.3 Market Dynamics
           5.3.1 Impact Analysis of Drivers
           5.3.2 Drivers
                    5.3.2.1 Increasing Demand of Fuel Efficient Vehicles
                    5.3.2.2 Increasing Use of CFRTP in Aerospace Applications
                    5.3.2.3 New Technological Advancements
                    5.3.2.4 Flexibility in Manufacturing Complex Shapes and Designs
           5.3.3 Restraints
                    5.3.3.1 High Raw Material & Production Cost
                    5.3.3.2 Stiff Competition From Thermoset Composites
           5.3.4 Opportunities
                    5.3.4.1 Growth of CFRTP in New Applications
                    5.3.4.2 Changing Focus of Automotive Oems Towards CFRTP
           5.3.5 Challenges
                    5.3.5.1 Need for Low Cost Technologies
    5.4 Porter’s Five Forces Analysis
           5.4.1 Threat of New Entrants
           5.4.2 Threat of Substitutes
           5.4.3 Bargaining Power of Buyers
           5.4.4 Bargaining Power of Suppliers
           5.4.5 Intensity of Competitive Rivalry

6 Macroeconomic Overview and Key Trends (Page No. - 45)
    6.1 Introduction
    6.2 Trends and Forecast of GDP
    6.3 Per Capita GDP vs Per Capita CFRTP Demand
    6.4 Trends of the Aerospace Industry
    6.5 Trends of Automotive Industry

7 CFRTP Market, By Resin Type (Page No. - 51)
    7.1 Introduction
    7.2 Polyamide (PA)
    7.3 Polyetheretherketone (PEEK)
    7.4 Polyphenylene Sulfide (PPS)
    7.5 Polycarbonate (PC)
    7.6 Others
           7.6.1 Polypropylene (PP)
           7.6.2 Polyetherimide (PEI)
           7.6.3 Polyetherketoneketone (PEKK)

8 CFRTP Market, By Product (Page No. - 62)
    8.1 Introduction
    8.2 Continuous Carbon Fiber
    8.3 Long Carbon Fiber
    8.4 Short Carbon Fiber

9 CFRTP Market, By Application (Page No. - 68)
    9.1 Introduction
    9.2 Aerospace
           9.2.1 Interior Components
                    9.2.1.1 Seats
                    9.2.1.2 Cabin
           9.2.2 Exterior Components
                    9.2.2.1 Fuselage
                    9.2.2.2 Wings
                    9.2.2.3 Tail Boom
    9.3 Automotive
           9.3.1 Exterior Components
                    9.3.1.1 Monocoque (Body in White)
                    9.3.1.2 Hood
                    9.3.1.3 Doors
           9.3.2 Interior Components
                    9.3.2.1 Seats
                    9.3.2.2 Dashboard
           9.3.3 Chassis
                    9.3.3.1 Wheels
                    9.3.3.2 Suspensions
           9.3.4 Powertrain & Under the Hood
    9.4 Consumer Durables
           9.4.1 Laptops
           9.4.2 Digital Cameras
           9.4.3 Mobile Handsets
    9.5 Others
           9.5.1 Transportation
           9.5.2 Wind Energy
           9.5.3 Sporting Goods
           9.5.4 Medical Equipments

10 Regional Analysis (Page No. - 81)
     10.1 Introduction
     10.2 North America
             10.2.1 CFRTP Market Size in North America, By Resin Type
             10.2.2 CFRTP Market Size in North America, By Application
             10.2.3 CFRTP Market Size in North America, By Country
             10.2.4 U.S.
             10.2.5 Canada
     10.3 Europe
             10.3.1 CFRTP Market Size in Europe, By Resin Type
             10.3.2 CFRTP Market Size in Europe, By Application
             10.3.3 CFRTP Market Size in Europe, By Country
             10.3.4 Germany
             10.3.5 U.K.
             10.3.6 France
             10.3.7 Italy
             10.3.8 Austria
             10.3.9 Sweden
     10.4 Asia-Pacific
             10.4.1 CFRTP Market Size in Asia-Pacific, By Resin Type
                        10.4.1.1 CFRTP Market Size in Asia-Pacific, By Application
                        10.4.1.2 CFRTP Market Size in Asia-Pacific, By Country
                        10.4.1.3 China
                        10.4.1.4 Japan
                        10.4.1.5 Malaysia
                        10.4.1.6 Taiwan
                        10.4.1.7 South Korea
     10.5 Middle East & Africa
             10.5.1 CFRTP Market Size in Middle East & Africa, By Resin Type
                        10.5.1.1 CFRTP Market Size in Middle East & Africa, By Application
                        10.5.1.2 CFRTP Market Size in Middle East & Africa, By Country
                        10.5.1.3 Israel
                        10.5.1.4 UAE
                        10.5.1.5 Saudi Arabia
                        10.5.1.6 South Africa
     10.6 Latin America
             10.6.1 CFRTP Market Size in Latin America, By Resin Type
                        10.6.1.1 CFRTP Market Size in Latin America, By Application
                        10.6.1.2 CFRTP Market Size in Latin America, By Country
                        10.6.1.3 Brazil
                        10.6.1.4 Mexico

11 Competitive Landscape (Page No. - 105)
     11.1 Overview
     11.2 Competitive Situation and Trends
     11.3 Market Share Analysis
             11.3.1 Solvay Group
             11.3.2 Royal Ten Cate N.V.
             11.3.3 Teijin Ltd.
     11.4 Recent Developments
             11.4.1 Agreements
             11.4.2 Expansions
             11.4.3 New Product Launches
             11.4.4 Acquisitions

Continued...

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