Continuous Fiber Reinforced Thermoplastics (CFRT) are flexible thermoplastics which include products such as rods, sheets, fabric forms, unidirectional prepregs, commingled fibers, narrow tapes, fabric prepregs, etc. It has been in production for 25 years. Initially its applications were limited to defense and aerospace market. However, with the constant development its demand has been increasing from various industries such as transportation, airbus & boeing, industrial, marine, medical, furniture, etc. CFRT uses three technologies for its processing such as prepreg unidirectional tape, dry prepregs and low viscosity polymers. All the techniques are used for injection molding and compression process.
CFRT has high impact resistance, high strength and are high performance thermoplastics. Furthermore, these are corrosion resistant and its low cost tools make it advantageous in industries such as automotive, etc. Also, due to better properties than short fiber reinforced thermoplastics, the market for CFRT witnesses strong demand from various industries across the globe. Furthermore, recyclability and sustainable processing help CFRT market to meet the rising sustainable need of the society. These are the major factors which are driving the growth of the CFRT worldwide. Moreover, the report covers applications such as aerospace, defense, automotive, sporting, transportation, industrial, and others. The CFRT market is projected to grow at a CAGR of XX.X% during 2014-2019.
Competitive scenarios of the top players in the CFRT market have been discussed in detail. Leading players of this industry with their recent developments and other strategic industry activities are also covered in the report. Companies, such as Composites Technologies Corporation, Diaphorm Technologies, LLC, Ehmann & Partner GMBH, Performance Materials Corporation, Stork Fokker AESP BV, Vt Halmatic Limited, Bally Ribbon Mills, MCM Composites, LLC, Celanese, Ametek Westchester Plastics, and other are operating in the market.
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