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Opportunities in Continuous Fiber Reinforced Thermoplastics 2009-2014: Trends, Forecast and Opportunity Analysis
Lucintel, June 2009, Pages: 318
Continuous Fiber Reinforced Thermoplastic (CFRT) has been in the marketplace about 25 years and differs from short fiber reinforced thermoplastics such as LFRT and GMT in terms of fiber length. CFRT includes a variety of products, including unidirectional prepregs, fabric based prepregs, narrow tapes, commingled fibers in roving and fabric forms, sheets, and rods. Historically, CFRT was used in niche applications in aerospace and defense markets. In recent years, the market has exploded in automotive, sporting, transportation, industrial and other applications. Demand has been particularly driven by a variety of aerospace, automotive and truck applications. CFRT is even finding its way into furniture, fastener, medical, marine, and other applications adding to the growth in use of thermoplastic composites by Airbus and Boeing and other commercial aircraft manufacturers.
The Continuous Fiber Reinforced Thermoplastic (CFRT) market has experienced significant growth during last 5 years and is expected to reach $188.7 million in 2014 with a global growth rate of 12% for the next five years. The critical success factor for CFRT material producers will increasingly be not only about developing new products at low cost; in addition, the author believes the most successful companies will be those that can develop application-specific, customer-focused solutions and have the ability to help their customers also achieve long-term business objectives, such as increasing performance or lowering costs.
CFRT materials are in the growth stage on product life cycle curve. Cost efficiency, time-to market, and pricing are major factors in gaining customer confidence and increase market share. The biggest hurdles among manufacturers end is a relatively immature manufacturing base as compared to thermoset composites, high capital cost and weak material knowledge at end user level. Overcoming these obstacles shows high potential and strong opportunity for innovation in the CFRT market. To gain competitive advantage in this segment, materials suppliers have to focus on growth opportunities through: new / improved applications; competence in process development and a customer oriented and innovation driven growth strategy. The author’s comprehensive analysis unlocks opportunities to cater CFRT market in thermoplastic composites industry.
In an industry that is increasingly looking to the developing markets to sustain long-term growth, “Opportunities in Continuous Fiber Reinforced Thermoplastics 2009-2014: Trends, Forecast and Opportunity Analysis” is the only publication in the world to provide up to date information on the state of the emerging markets in thermoplastic composites. Never before has there been a report addressing the issues of the CFRT market. This unique report will provide you with all the valuable information and tools that you need to identify the potential and successfully address the opportunities in the CFRT Market. This report will save you hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in the thermoplastic composites market. In today’s stringent economy, you need every advantage that you can find to keep ahead in your business.
Features of This Report:
To make any investment, business or strategic decisions, you need timely, robust and accurate information. This market report fulfills this core need. This is an indispensable reference guide for material suppliers, product manufacturers, investors, analysts, researchers, engineers, distributors and many more, who are dealing with the thermoplastic composites industry. This report takes a deep-look at the Continuous Fiber Reinforced Thermoplastic industry. Some of the features of this market report are:
- Annual shipment (in terms of lbs and $ value) of Continuous Fiber Reinforced Thermoplastic (CFRT).
Continuous Fiber Reinforced Thermoplastic market breakdown by region, by material form
(prepreg, commingled fiber, other pultruded products), by applications (automotive, aerospace, industrial, etc.), by material type (reinforcement, matrix type) for this rapidly changing market.
- Growth trend (2003-2008) and market forecast (2009-2014).
- Comparison of Continuous Fiber Reinforced Thermoplastic market with discontinuous fiber
(LFRT, GMT) reinforced thermoplastic composites market. Market size for long fiber reinforced thermoplastic composite (LFRT) and glass mat thermoplastic (GMT).
- Ranking of material suppliers by lb and $ shipment.
- More than 100 applications of Continuous Fiber Reinforced Thermoplastic. Detailed description on 40 applications with type of material forms used, molder name, manufacturing process used, and application description.
- Profiles on material suppliers / industry leaders.
- Description and contact addresses of 38 end users / molders.
- Price and property comparisons of various forms of Continuous Fiber Reinforced Thermoplastic.
- Description on 15 manufacturing processes used for making thermoplastic composites parts. A total of more than 52,000 words with 232 figures/charts and 29 tables for your business plan and presentation.
Who Can Benefit From This Report?
The study is intended for material suppliers, compounders, parts fabricators, OEMs, investors, executives and consultants. The multi-client market studies from the author is used by small to multinational Fortune 500 companies and utilized for a variety of reasons:
- Business development
- Strategic planning
- Business presentation
- Competitive materials analysis
- Market Expansion
- Revenue Planning
- Investment Decision
- Budgeting
Research Methodology:
The author has been closely tracking and conducting research on and for the composites industry since 1998. This research project was designed for the purposes of determining trend, forecast and opportunities for Continuous Fiber Reinforced Thermoplastics in various applications.
This study is a culmination of 4 months of full-time effort performed by the author’s analyst team.
Our analysts used the following sources for the creation and completion of this valuable report:
- In-depth personal and telephone interviews of major CFRT manufacturers, molders and fabricators, subject matter experts in continuous fiber reinforced thermoplastic and thermoplastic composites.
- In-depth research on more than 60 companies involved in the CFRT and thermoplastic composites market.
- Extensive search of current published literature, market and database information including news, articles published in CompositesWeek newsletter.
- A compilation of the experiences, judgments, and insights of the author’s professionals, who have analyzed and tracked composites marketplace for decade.
The author collects extensive raw data from a variety of sources and converts that data into intelligent information and insight helping our customers to make confident business decisions. The figure below is a graphical representation of the end-to-end research process.
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