CFRP stands for Carbon Fiber Reinforced Polymer/Plastic and reflects a group of plastics that are reinforced with carbon fibers to provide it with high strength and stiffness, while reducing weight compared to most other materials like metals. The group of plastics which can be reinforced with carbon fibers, can be split in two main groups: thermoset and thermoplastics.
CFR-TP stands for Continuous Fiber Reinforced Thermoplastics. Thermoplastics reinforced with continuous fibers have other characteristics compared to continuous fiber reinforced thermosets.  Thermoplastics are recyclable and fit in the circular economy model.