The global CFRP Market (Carbon Fiber Reinforced Plastic Market) will grow by US$ 28 Billion by 2027 at a CAGR of 8.1% in the given forecast period.
CFRP are composite materials made through infusion of a resin and a carbon fiber reinforcement. They offer high weight savings, increased tensile strength, fatigue resistance, impact resistance and durability which make them ideal for use in diversified industrial applications. CFRP products are increasingly substituting metals in various automotive applications, primarily to reduce fuel consumption.
Market Insights
The global Carbon Fiber Reinforced Polymer market is segregated on the basis of Type as Epoxy Resin, Polyester Resin, Vinyl Resin, Polyether Ether Ketone, Polyurethane, Polyethersulfone, Polyetherimide, and Others. Based on Application the global Carbon Fiber Reinforced Polymer market is segmented in Aerospace & Defense, Wind Turbines, Automotive, Sports Equipment, Building & Construction, Molding Compounds, and Others.
The global Carbon Fiber Reinforced Polymer market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Carbon Fiber Reinforced Polymer market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Teijin Ltd., Toray Industries Inc., Cytec Industries Inc., Mitsubishi Rayon Co. Ltd., Hexcel Corporation, Hyosung, Tencate, Dowaksa, and others are among the major players in the global Carbon Fiber Reinforced Polymer market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Carbon Fiber Reinforced Polymer Market has been segmented as below:
Carbon Fiber Reinforced Polymer Market, By Type
Carbon Fiber Reinforced Polymer Market, By Application
Carbon Fiber Reinforced Polymer Market, By Region
The report covers:
Report Scope:
The global Carbon Fiber Reinforced Polymer market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Carbon Fiber Reinforced Polymer market share. Major industry players with significant revenue share include Teijin Ltd., Toray Industries Inc., Cytec Industries Inc., Mitsubishi Rayon Co. Ltd., Hexcel Corporation, Hyosung, Tencate, Dowaksa, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Carbon Fiber Reinforced Polymer Market, By Type
5.1 Introduction
5.2 Epoxy Resin
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Polyester Resin
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Vinyl Resin
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Polyether Ether Ketone
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Polyurethane
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Polyethersulfone
5.7.1 Market Overview
5.7.2 Market Size and Forecast
5.8 Polyetherimide
5.8.1 Market Overview
5.8.2 Market Size and Forecast
5.9 Others
5.9.1 Market Overview
5.9.2 Market Size and Forecast
6. Carbon Fiber Reinforced Polymer Market, By Application
6.1 Introduction
6.2 Aerospace & Defense
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Wind Turbines
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Automotive
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Sports Equipment
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Building & Construction
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Molding Compounds
6.7.1 Market Overview
6.7.2 Market Size and Forecast
6.8 Others
6.8.1 Market Overview
6.8.2 Market Size and Forecast
7. Carbon Fiber Reinforced Polymer Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Carbon Fiber Reinforced Polymer, By Type
7.2.2 North America Carbon Fiber Reinforced Polymer, By Application
7.3 Europe
7.3.1 Europe Carbon Fiber Reinforced Polymer, By Type
7.3.2 Europe Carbon Fiber Reinforced Polymer, By Application
7.4 Asia-Pacific
7.4.1 Asia-Pacific Carbon Fiber Reinforced Polymer, By Type
7.4.2 Asia-Pacific Carbon Fiber Reinforced Polymer, By Application
7.5 Rest of the World
7.5.1 Rest of the World Carbon Fiber Reinforced Polymer, By Type
7.5.2 Rest of the World Carbon Fiber Reinforced Polymer, By Application
The Carbon Fiber Reinforced Polymer Market has been segmented as below:
Carbon Fiber Reinforced Polymer Market, By Type
Carbon Fiber Reinforced Polymer Market, By Application
Carbon Fiber Reinforced Polymer Market, By Region
