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Global CFRTP Market – Industry Trends and Forecast to 2024 | Solvay, Koninklijke Ten Cate Bv. TEIJIN LIMITED, TORAY INDUSTRIES, INC., SGL Group, Celanese Corporation, Covestro AG

The Global CFRTP Market accounted for USD 820.1 million in 2016 and projected to grow at a CAGR of 9.3% during the forecast by 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast by 2024.

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This Global CFRTP Market research report completely covers every single point identified with the Global CFRTP Market, which encourages the report’s readers to examine and assess the upcoming market trends and patterns and execute the explanatory information to advance the business. The business investigators start their assignment by arranging this colossal heap of data, graphically communicating, foreseeing the future market development, offering the approaches to improve the business, and numerous other significant perspectives clarified by them in the worldwide Global CFRTP Market report. The report clarifies the exhaustive examination of the market-inferred based on territorial division.

Top Key Players:

• Solvay
• Koninklijke Ten Cate Bv.
• TEIJIN LIMITED
• TORAY INDUSTRIES, INC.
• SGL Group
• Celanese Corporation
• Covestro AG
• POLYONE CORPORATION
• Plasti Comp, Inc.
• AEROSUD
• and others.

Market Definition: Global CFRTP Market

CFRTP or carbon fiber reinforced polymer is the composite material. It is a strong material having light fibred plastic. Carbon fiber reinforced polymer has its application in automotive and aerospace, and other sectors. Need to reduce weight to optimize efficiency in automotive applications, and excellent performance properties at very high temperatures may act as the major driver in the growth of Carbon fiber reinforced polymer market. On the other side, high customization requirement for end-use applications may hamper the market.

Competitive Landscape: Global CFRTP Market

The global CFRTP market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Topics Covered in this Report:

Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers

Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type

Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts

Chapter 10 Consumption Forecast
Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12 Opportunities & Challenges, Threat and Affecting Factors

Chapter 13 Key Findings
Chapter 14 Appendix

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Key Reasons to Purchase:

• To gain insightful analyses of the market and have comprehensive understanding of the Global CFRTP Market and its commercial landscape.

• Assess the CFRTP production processes, major issues, and solutions to mitigate the development risk.

• To understand the most affecting driving and restraining forces in the CFRTP Market and its impact in the Global market.

• Learn about the market strategies that are being adopted by leading respective organizations.

• To understand the future outlook and prospects for Global CFRTP Market.

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Major Market Drivers: Global CFRTP Market

Need to reduce weight to optimize efficiency in automotive applications
Growing demand for CFRTP in the aerospace & defense and energy & power industries
Excellent performance properties at very high temperatures
Higher costs compared to other metals and alloys
High customization requirement for end-use applications

Market Segmentations:

Global CFRTP Market By Resin Type (Polyamide, Polyetheretherketone, Polyphenylene Sulfide, Polycarbonate); Product (Continuous Carbon Fiber, Long Carbon Fiber, Short Carbon Fiber); Application (Aerospace, Automotive, Consumer Durable); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Competitive Landscape: Global CFRTP Market

The global CFRTP market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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