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Global Carbon Fiber-reinforced Plastics (CFRP) Market – Industry Trends and Forecast to 2026 Global Carbon Fiber-reinforced Plastics (CFRP) Market at hit $34197 Growth, Trends and Absolute Opportunity up to 2026

Global carbon fiber-reinforced plastics (CFRP) market is estimated to reach USD 34,196.67 million by 2026, registering a substantial CAGR in the forecast period of 2019-2026. Rising prevalence for lightweight products in automotive industry is the major factor for the growth of this market.

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Market Definition

Carbon fiber reinforced polymer is a strong and light weight material which has carbon as their primary structural component. Polyacrylonitrile, petroleum pitch, etc. are some of the most common raw material used. Carbon fibers are widely used in industries like aerospace, automotive, sports equipment, construction and building etc. They are usually thermosetting resins like polyester, epoxy and vinyl ester. Increasing demand of carbon fiber reinforced polymer from aerospace industry for the manufacturing of aircraft is fuelling the growth of this market.

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Market Segmentation By Raw Material • Polyacrylonitrile • Petroleum Pitch • Others • Rayon • Coal Tar Pitch By Type • Thermosetting • Epoxy resin • Polyester resin • Vinyl resin • Thermoplastic • Polyether Ether Ketone (PEEK) • Polyurethane (PU) • Polyethersulfone (PES) • Polytherimide (PEI) • Others

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Market Segmentation By Manufacturing Process • Prepreg Layup • Pultrusion and Winding • Wet Lamination & Infusion • Press and Injection • Others By Application • Aerospace & Defense • Wind Turbines • Automotive • Sports Equipment • Building & Construction • Molding Compounds • Others By Geography • North America • South America • Europe • Asia-Pacific

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Competitive Analysis

Global carbon fiber-reinforced plastics (CFRP) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of carbon fiber-reinforced plastics (CFRP) market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Major Market Competitors • • • • • • • • •

TORAY INDUSTRIES TEIJIN LIMITED Mitsubishi Chemical Corporation SGL Carbon Formosa Plastics Corporation U.S.A., Hexcel Corporation Jiangsu Hengshen Company Limited Zhongfu Shenying Carbon Fiber Co., DowAksa Advanced Composites Holdings BV • Magna International Inc • SGL Carbon • Quickstep Technologies Inquiry Before Buying @ https://www.databridgemarketresearch.com/inquire-beforebuying/?dbmr=global-carbon-fiber-reinforced-plastics-cfrp-market databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com


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Global carbon fiber-reinforced plastics (CFRP) market  

Global carbon fiber-reinforced plastics (CFRP) market is estimated to reach USD 34,196.67 million by 2026, registering a substantial CAGR in...

Global carbon fiber-reinforced plastics (CFRP) market  

Global carbon fiber-reinforced plastics (CFRP) market is estimated to reach USD 34,196.67 million by 2026, registering a substantial CAGR in...

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