Industry Press Releases

Thermoplastic Composites Market Fiber Type, Resin Type, Product Type, Application & Region - Global Forecast to 2022 - Research and Markets

Saturday, Dec 09, 2017

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 Research and Markets' 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.

Increasing use of thermoplastic composites in various applications such as aerospace & defense and transportation is fueling the growth of the thermoplastic composites market across the globe. The stringent implementation of various regulations such as the Corporate Average Fuel Efficiency (CAFE) standards and the European Emission Standards (EES) formulated by the US and European governments, respectively to reduce CO2 emissions has led to the increased use of lightweight composites for manufacturing automobiles. These lightweight materials not only contribute to the aesthetic value of automobiles but also offer high resistance to fire, smoke, and toxicity. The high costs of raw materials leading to increased investments for manufacturing new and advanced thermoplastic composites are restricting the growth of the thermoplastic composites market across the globe.

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.

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
     

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

For more information about this report visit https://www.researchandmarkets.com/research/wjz7sl/thermoplastic?w=4

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Source: businesswire.com

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