Continuous Fiber Reinforced Thermoplastic Composites (CFRT, Continuous Fiber Reinforced Thermoplastic composites) refers to a lightweight, high-strength, high-rigidity, and New thermoplastic composite material with high toughness and recyclability.
Compared with conventional thermoplastic composite materials (such as SFRT, LFRT), the fibers in CFRT are continuous, and the resin impregnates the fiber monofilaments more fully, so it has more excellent mechanical properties such as high tensile strength, flexural strength/ Modulus, high and low temperature impact strength, etc., have broad application prospects in the fields of transportation, aerospace, defense, consumer electronics, industry and sporting goods.
In recent years, with the increasing awareness of global environmental protection, the rapid growth of market demand for rail transit, automobile lightweight and portable consumer electronic equipment, and the promotion of relevant Chinese policies, thermoplastic composite materials rely on their light weight, high strength, environmental protection and recyclability. It is widely used in the fields of automobile, consumer electronics, rail transit, aerospace and so on.
The global thermoplastic composites market will grow from 28 billion U.S. dollars in 2019 to 36 billion U.S. dollars in 2024, with an average annual compound growth rate of 5.2%.
The market prospects for thermoplastic composite materials are promising, and Chinese industry chain companies are actively deploying.