Automotive CFRP
Automotive CFRP Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Automotive CFRP Market Size and Growth
The Automotive CFRP market is witnessing significant growth, driven by increasing demand for lightweight materials to enhance fuel efficiency. The market size is projected to reach approximately $47 billion by 2026, reflecting a compound annual growth rate (CAGR) of around 15%. Key factors include advancements in manufacturing techniques and rising environmental regulations. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ ZOLTEK
◍ Gurit
◍ Sigmatex
◍ Plasan Carbon Composites
◍ SGL Group
◍ Pentaxia
◍ Cytec Industries
◍ DowAksa
◍ Hexcel
◍ JEC Group
◍ Teijin
◍ Toray Industries
The Automotive CFRP market features key players like ZOLTEK, Gurit, and Sigmatex, which innovate composites for lightweight structures. Companies like SGL Group and Toray drive growth through advanced manufacturing, while Hexcel enhances performance. Sales revenue for a few include SGL Group at approximately $1.5 billion, and Teijin at around $1 billion.
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Market Segmentation
By Application
Passenger Cars
Commercial Vehicles
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By Product
Thermosetting
Thermoplastic
Market Growth
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$ X Billion USD
