Valuates Reports
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BANGALORE, India, May 3, 2021 /PRNewswire/ The global
Thermoplastic Composites Market by Fiber Type (Carbon, Glass, Mineral, and Others), Resin Type (PA, PP, PEEK, Hybrid, Others), Product Type (Glass Mat Thermoplastics (GMT), advanced thermoplastic composites (ATC)), and Applications (Oil & Gas, Aerospace, Marine, Construction, Military, and Others). This report covers Global Opportunity Analysis and Industry Forecast from 2021 to 2026. This report is published on
Major factors driving the growth of the thermoplastic composite market are:
Increased adoption of thermoplastics composites in the automotive, construction, and aerospace industries due to processing and maintenance cost saving, code and compliance for medical applications and being environmentally friendly during manufacturing
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The global high temperature thermoplastics market is expected to grow with a CAGR of 9% from 2019 to 2024.
The future of the high temperature thermoplastics market looks promising with opportunities in the transportation, electrical & electronics, industrial, medical, and other industries.
The major growth driver for this market is the growing demand for high temperature thermoplastics due to its various properties such as high thermal stability, greater chemical resistance, high dielectric strength, low shrinkage, and greater design flexibility.
The study includes the high temperature thermoplastics market size and forecast for the global high temperature thermoplastics market through 2024, segmented by end-use industry, temperature range, resin type, and region.
High Temperature Thermoplastics Market Research By Key Players, Type And Application, Future Growth To 2026 marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.