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Global Thermoplastic Composites Market Forecast to 2026: A $67.87 Billion Opportunity – ResearchAndMarkets.com

The “Thermoplastic
Composites – Global Market Outlook (2017-2026)” report has been
added to ResearchAndMarkets.com’s offering.

The Global Thermoplastic Composites Market accounted for $26.16 billion
in 2017 and expected to grow at a CAGR of 10.2% to reach $67.87 billion
by 2026.

Factors like increasing demand in transportation and aerospace & defense
applications, flexibility, corrosion resistance and durability offered
by these products and increasing requirements for lightweight materials
are driving the market growth. However, high raw material cost and
limited reprocessing of thermoplastic composites are the challenges
faced by the market.

Based on Application, PPS resins are widely used for A&D. Boeing and
Gulfstream Aerospace are creating a demand for thermoplastic composite
parts. Increasing demand for advanced composites in the structural
applications of aircraft resulted in production rates of composites.
Thermoplastic composite materials facilitate more rapid cycle times by
eliminating the need for a cure dwell at temperature. Furthermore,
induction heating can heat materials very quickly and efficiently
especially when coupled with low thermal mass tool designs. Syntactic
materials are used to fill honeycomb core or hollow spaces. They provide
strength for fasteners and prevent moisture/fluid ingress. Core splices
or foams represent syntactic materials that contain a blowing agent.

Based on Fiber, Carbon fiber reinforced composites (CRFP) are replacing
steel and aluminum in a growing range of products. Carbon fiber is
significantly more expensive than glass fiber and therefore is still
primarily used in high performance applications where weight-saving
requirements are critical. Carbon fiber demand by the automotive
industry will rise sharply in coming years. The increasing need for
energy independence and geopolitical energy security and increasing wind
power capacity across the globe is creating a huge demand for composite
materials. Large-to w carbon fiber capacity is 37% of to tal capacity
worldwide.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Thermoplastic Composites Market, By Resin

6 Global Thermoplastic Composites Market, By Product

7 Global Thermoplastic Composites Market, By Fiber

8 Global Thermoplastic Composites Market, By Application

9 Global Thermoplastic Composites Market, By Geography

10 Key Developments

11 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/research/z2klq4/global?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180618006134/en/