CFRTP Composites Set to Grow at Expanded Pace Over Next 10 Years
The market for continuous fiber-reinforced thermoplastic (CFRTP) composites has grown annually at about 4% within the last five years. Moreover, the future outlook appears to be even more robust according to a study from market research and competitive intelligence provide Fact.MR (U.S. office in Rockville, Md.). The new report, Continuous Fiber-Reinforced Thermoplastic Composites—Consumption Analysis from 2016-2020 vs. Future Market Outlook for 2021-2031, projects annual growth of over 8% for the…