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We, at Allied Market Research, came up with another new video on the Thermoplastic Composites Market..!
It outlines what are the emerging trends in thermoplastic composites market?
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The growing demand for producing light-weight and less CO2 emitting vehicles are driving the demand for thermoplastic composites.
Characteristics of thermoplastic composites include insubstantial weight, superior strength, weather-resistant finish, and various surface textures. This, in turn, is expected to increase the demand for thermoplastic composites in aerospace industry.
Did You Know??
Polyone Corporation, a key player in the thermoplastic composites market, launched new thermoplastic composite products at CHINAPLAS 2019. It introduced complete LFT formulations, which is a thermoplastic composite with PEEK and PP as a base resin. This product is launched, to meet highly demanding design and performance requirements.
Companies such as Toray, Teijin Limited, Hexcel Corporation, and SGL Group use their proprietary composite manufacturing technologies.
The North America thermoplastic composites market is projected to grow at the highest CAGR of nearly 6.4% during the forecast period.
Leading market players, startups, and investors can benefit from the market analysis by determining growth factors, opportunities, competitive scenario, and regional landscape to determine steps required to attain growth and stay ahead of the competition.
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