Carbon fiber consists of high-strength crystalline filaments of a few microns of carbon atoms. Thus CFRP is a high-strength composite material that is light in weight and subsequently useful in several industries including aerospace, defense, automobile, sports equipment and industrial applications. The CFRP market has witnessed positive growth due to its growing demand in industries such as aerospace and automotive. While aerospace is the largest end-user industry for the CFRP market, automotive is the rapidly growing industry. Europe and North America are the key markets for CFRP.
The carbon fiber reinforced plastics market can be segmented into two categories, by type: Thermosetting and thermoplastic. Further, these two types of reinforced plastics sub-segmented based on their resin type, thermosetting CFRP can be further segmented into: Epoxy resin, polyester resin and vinyl resin. Thermoplastics CFRP on the other hand, can be segmented into polyether ether ketone (PEEK), polyurethane, polypropylene and others. Thermosetting CFRP is the largest product segment and accounts for over 75% of total sales. Polyacrylonitrile (PAN) and petroleum pitch; both collectively account for approximately 90% of the total raw materials used in manufacturing carbon fiber reinforced plastics.
For the year 2014, North America dominated global sales in the carbon fiber reinforced plastics market while, Europe witnessed the fastest growth rate among all regions. The major European countries in the global carbon fiber reinforced plastics market are Germany, the U.K., France, and Spain. The largest carbon fiber reinforced plastics consumers in Asia Pacific include Japan, China, and Taiwan.
Most players in the global carbon fiber market are based in the U.S. and Japan.
The key market players include:
Cytec Industries,
Toray Industries,
SGL Carbon SE,
Hexcel Corporation,
Teijin Limited
Mitsubishi Rayon Carbon Fiber and Composites, Inc. 2020.
“1. CFRP Market – Market Overview
2. Executive Summary
3. CFRP Market – Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User Profiling
3.2.3. Patent Analysis
3.2.4. Top 5 Financials Analysis
4. CFRP Market – Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Attractiveness of the CFRP Market
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. CFRP Market – Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunities Analysis
5.4. Product/Market Life Cycle Analysis
5.5. Suppliers and Distributors
6. Regulation Analysis
7. CFRP Market – By Type
7.1. Thermoplastic
7.1.1. Epoxy resin
7.1.2. Polyester resin
7.1.3. Vinyl resin
7.2. Thermosetting
7.2.1. Polyether ether ketone (PEEK)
7.2.2. Polyurethane
7.2.3. Polypropylene
7.2.4. Others
8. CFRP Market – By Application
8.1. Automobile Sector
8.2. Industrial Sector
8.3. Aviation Industry
8.4. Marine Sector
8.5. Defence Sector
8.6. Electrical & Electronic Sector
8.7. Medical Sector
8.8. Sports Equipment
8.9. Others
9. CFRP Market – By Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.2.4. Others
9.3. Asia-Pacific
9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. Others
9.4. Europe
9.4.1. Germany
9.4.2. U.K
9.4.3. France
9.4.4. Others
9.5. ROW
10. CFRP Market – Market Entropy
10.1. New Product Launches
10.2. M&As, Collaborations, JVs and Partnership
11. Company Profiles
11.1. Aksa Akrilik Kimya Sanayii AS
11.2. Cytec Industries Inc.
11.3. Formosa Plastics Corp.
11.4. GKN Aerospace
11.5. Hexcel Corp.
11.6. Mitsubishi Rayon Carbon Fiber and Composites, Inc.
11.7. Nippon Carbon Co. Ltd.
11.8. SGL Carbon SE
11.9. Teijin Ltd.
11.10. Toray Industries Inc.
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
“”*Financials would be provided on a best efforts basis for private companies””
12. Appendix
12.1. Abbreviations
12.2. Sources
12.3. Research Type
12.4. Bibliography
12.5. Compilation of Expert Insights
12.6. Disclaimer”
