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    Home > Chemicals Industry > Rubber Plastic News > [Plastic] The global thermoplastic composites market will reach 31.8 billion U.S. dollars in 2025

    [Plastic] The global thermoplastic composites market will reach 31.8 billion U.S. dollars in 2025

    • Last Update: 2022-01-13
    • Source: Internet
    • Author: User
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    According to the latest 2020-2025 global thermoplastic composites market analysis report released by Research And Markets on August 18 , the global thermoplastic composites market is expected to grow from US$22.


    Thermoplastic composite

    Composite materials have excellent properties such as high stiffness, high strength, low density, thermal and electrical conductivity, fatigue resistance and corrosion resistance.


    Among all types of thermoplastic composite materials, carbon fiber thermoplastic composite materials are the fastest-growing type of material in the market.


    In terms of thermoplastic resin matrix type, PEEK is the fastest growing thermoplastic composite material.


    In terms of reinforcing fiber form, long fiber thermoplastics (LFT) is expected to achieve the highest compound annual growth rate in the thermoplastic composites market.


    In terms of end applications, aerospace and defense are the fastest-growing applications of thermoplastic composites.


    The Asia-Pacific region is the fastest-growing thermoplastic composites market.


    (Keyword: Thermoplastic composite material)

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