Chemicals and Materials Thermoplastic Composites Market New
The report "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" published by MarketsandMarkets™, the 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% between 2017 and 2022.
Browse 84 market tables and 47 figures spread through 147 pages and an in-depth TOC
on "Thermoplastic Composites Market"
https://www.marketsandmarkets.com/Market-Reports/thermoplastic-composite-market-
111944669.html
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Based on fiber type, the carbon fiber thermoplastic composites segment of the
Thermoplastic Composites Market is projected to grow at the highest CAGR, in terms
of both value as well as volume during the forecast period.
Carbon fiber thermoplastic composites are usually employed in high-end applications such
as sports vehicles or luxury cars, and aerospace & defense applications due to their high
costs. Carbon fiber thermoplastic composites offer maximum strength and high-
performance with minimum weight. They also offer the ease of processing with less time
involved. The use of carbon fiber thermoplastic composites as advanced engineering
materials is fueling the growth of the Thermoplastic Composites Market across the globe.