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The Continuous Fiber Reinforced Thermoplastic (CFRTP) market is a subset of the Advanced Materials industry. CFRTP is a composite material made of continuous fibers embedded in a thermoplastic matrix. It is lightweight, strong, and has excellent fatigue and corrosion resistance. CFRTP is used in a variety of applications, including automotive, aerospace, and sporting goods. It is also used in the production of medical devices and consumer electronics.
CFRTP is a relatively new material, and the market is expected to grow in the coming years. The material is becoming increasingly popular due to its superior properties and cost-effectiveness. It is also becoming more widely available due to advances in manufacturing technology.
Some of the major players in the CFRTP market include Toray Industries, Teijin Limited, SGL Group, Hexcel Corporation, and Owens Corning. Show Less Read more