Global Carbon Fiber Reinforced Polymer Market is expected to grow at a CAGR of 13.25% during the forecast period and is expected to reach US$ 65.25 Bn by 2029.Carbon Fiber Reinforced Polymer Market Overview:
Increase in demand for lightweight component in automotive industry and high performance products in aerospace & defence drives the carbon fiber reinforced plastic market. Carbon fiber reinforced plastic products offer higher weight saving and thus a better fuel economy than the traditional materials such as steel and aluminum. Aerospace industry has strict performance product requirements for applications in commercial aircrafts, engines, satellites, helicopters, and launchers. High costs the price of carbon fiber reinforced plastic products is approximately 10 times higher than the price of steel counterpart is restraining the market for carbon fiber reinforced plastic .To know about the Research Methodology :- Request Free Sample Report Automobile industry is the fastest growing segment of carbon fiber reinforced plastic market. Increasing demand for lightweight vehicles for increased fuel efficiency and low production cost is one of the key drivers of carbon fiber reinforced plastic market. Investment in the research and development in the automobile industry is further fueling the demand for carbon fiber reinforced plastic during the forecast period. Growing commercial aviation industry owing to rising international tourism is anticipated to consolidate the growth of carbon fiber reinforced plastic market. Stringent government laws regarding vehicle emissions and advanced mechanical properties of carbon fiber reinforced plastic will also lead to higher market growth worldwide. Europe is domination the cellulose acetate market. Chief manufacturers of wind turbines and accessories are located in Europe, a fact clearly reflected by its consumption of 70% of the carbon fibre used in Europe. North America is the next largest region in this area. Asia Pacific is anticipated to grow at highest CAGR. The objective of the report is to present comprehensive analysis of Global Carbon Fiber Reinforced Polymer market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Global Carbon Fiber Reinforced Polymer market dynamics, structure by analyzing the market segments, and project the Global Carbon Fiber Reinforced Polymer market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Carbon Fiber Reinforced Polymer market make the report investor’s guide.
Carbon Fiber Reinforced Polymer Market Scope: Inquire before buying
Carbon Fiber Reinforced Polymer Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 27.30 Bn. Forecast Period 2023 to 2029 CAGR: 13.25% Market Size in 2029: US $ 65.25 Bn. Segments Covered: by Raw Material Poly acrylonitrile Petroleum pitch Coal Tar Pitch Rayon by Application Aerospace & Defence Automobile sector Construction projects wind mills Medical devices Molding Compounds Civil engineering by Manufacturing Process Compression and injection moulding Filament winding Pultrusion and Winding Wet Lamination & Infusion Carbon Fiber Reinforced Polymer Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest) South America (Brazil, Argetina and Rest of South America)Carbon Fiber Reinforced Polymer Market Key players are:
1. Cytec Industries, Inc. 2. Magna International, Inc. 3. Teijin Ltd. 4. Hexcel Corporation 5. SGL Group, Inc. 6. Gurit Holdings 7. Kringlan Composites 8. Mitsubishi Rayon Co. Ltd. 9. Plasan Carbon Composites 10. DowAksa Advanced Composites Holding B.V. 11. Formosa Plastics Corporation 12. Jiangsu Hengshen Fibre Materials 13. 3M 14. Aciturri 15. Bassara 16. Caproni 17. DuPont 18. Nissan 19. Dow Chemical Dr. Schnabel GmbH & Co.KG 20. Bombardier Frequently Asked Questions: 1. Which region has the largest share in Global market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Carbon Fiber Reinforced Polymer Market? Ans: The Global Market is growing at a CAGR of 13.25% during forecasting period 2023-2029. 3. What is scope of the Global Carbon Fiber Reinforced Polymer market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Carbon Fiber Reinforced Polymer market? Ans: The important key players in the Global market are – Cytec Industries, Inc., Magna International, Inc., Teijin Ltd., Hexcel Corporation, SGL Group, Inc., Gurit Holdings, Kringlan Composites, Mitsubishi Rayon Co. Ltd., Plasan Carbon Composites, DowAksa Advanced Composites Holding B.V., Formosa Plastics Corporation, Jiangsu Hengshen Fibre Materials, 3M, Aciturri, Bassara, Caproni, DuPont, Nissan, Dow Chemical Dr. Schnabel GmbH & Co.KG, and Bombardier 5. What is the study period of this market? Ans: The Global market is studied from 2022 to 2029.
Carbon Fiber Reinforced Polymer
1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends 5. GLOBAL CARBON FIBRE REINFORCED POLYMER, BY RAW MATERIAL (2022-2029) 5.1. Introduction 5.2. Carbon fibre reinforced polymer, by raw material 5.2.1. Raw Material Market Overview 5.2.2. Raw Materials Market Size Forecast 6. GLOBAL CARBON FIBRE REINFORCED POLYMER, BY MANUFACTURING PROCESS (2022-2029) 6.1. Introduction 6.2. Carbon fibre reinforced polymer, by Manufacturing Process 6.2.1. Manufacturing Process Market Overview 6.2.2. Manufacturing Process Market Size Forecast 7. GLOBAL CARBON FIBRE REINFORCED POLYMER, BY GEOGRAPHY (2022-2029) 7.1. North America Carbon fibre reinforced polymer 7.1.1. North America Carbon fibre reinforced polymer, by Raw material 7.1.2. North America Carbon fibre reinforced polymer, by Manufacturing process 7.1.3. North America Carbon fibre reinforced polymer, by Region 7.1.3.1. U.S. Carbon fibre reinforced polymer 7.1.3.2. Canada Carbon fibre reinforced polymer 7.1.3.3. Rest of North America Carbon fibre reinforced polymer 7.2. Europe Carbon fibre reinforced polymer 7.2.1. Europe Carbon fibre reinforced polymer, by Raw material 7.2.2. Europe Carbon fibre reinforced polymer, by Manufacturing process 7.2.3. Europe Carbon fibre reinforced polymer, by Region 7.2.3.1. France Carbon fibre reinforced polymer 7.2.3.2. Germany Carbon fibre reinforced polymer 7.2.3.3. U.K .Carbon fibre reinforced polymer 7.2.3.4. Rest of Europe Carbon fibre reinforced polymer 7.3. Asia Pacific Carbon fibre reinforced polymer 7.3.1. Asia-Pacific Carbon fibre reinforced polymer, by Raw material 7.3.2. Asia-Pacific Carbon fibre reinforced polymer, by Manufacturing process 7.3.3. Asia-Pacific Carbon fibre reinforced polymer, by Region 7.3.3.1. China Carbon fibre reinforced polymer 7.3.3.2. Japan Carbon fibre reinforced polymer 7.3.3.3. India Carbon fibre reinforced polymer 7.3.3.4. Australia Carbon fibre reinforced polymer 7.3.3.5. South Korea Carbon fibre reinforced polymer 7.3.3.6. Rest of Asia Pacific Carbon fibre reinforced polymer Market 7.4. Middle East Africa Carbon fibre reinforced polymer Market 7.4.1. Middle East Africa Carbon fibre reinforced polymer Market, by raw material 7.4.2. Middle East Africa, Carbon fibre reinforced polymer Market by manufacturing process 7.4.3. Middle East Carbon fibre reinforced polymer Market by Region 7.4.3.1. South Africa Carbon fibre reinforced polymer Market 7.4.3.2. Egypt Market Carbon fibre reinforced polymer 7.4.3.3. Nigeria Market Carbon fibre reinforced polymer 7.4.3.4. Rest of Middle East Africa Carbon fibre reinforced polymers 7.5. Latin America Carbon fibre reinforced polymers Market 7.5.1. Latin America Carbon fibre reinforced polymers Market, by raw material 7.5.2. Latin America Carbon fibre reinforced polymers, by manufacturing process 7.5.3. Latin America Carbon fibre reinforced polymers, by Region 7.5.3.1. Brazil Carbon fibre reinforced polymers 7.5.3.2. Argentina Carbon fibre reinforced polymers 7.5.3.3. Columbia Carbon fibre reinforced polymers 7.5.3.4. Mexico Carbon fibre reinforced polymers 7.5.3.5. Rest of Latin America Carbon fibre reinforced polymers 8. MARKET COMPETITION ANALYSIS 8.1. Market Share/Positioning Analysis 8.2. Key Innovators 8.3. Company Profiles 8.3.1. Magna International inc Company 8.3.1.1. Overview 8.3.1.2. Products/ End-User 8.3.1.3. Strategy 8.3.1.4. Key Developments 8.3.2 Cytec Industries 8.3.2.1. Overview 8.3.2.2. Products/ End-User 8.3.2.3. Strategy 8.3.2.4. Key Developments 8.3.3. Teijin ltd 8.3.3.1. Overview 8.3.3.2. Products/ End-User 8.3.3.3. Strategy 8.3.3.4. Key Developments 8.3.4. Hexcel corp. 8.3.4.1. Overview 8.3.4.2. Products/ End-User 8.3.4.3. Strategy 8.3.4.4. Key Developments 8.3.5. SGL Group Inc 8.3.5.1. Overview 8.3.5.2. Products/ End-User 8.3.5.3. Strategy 8.3.5.4. Key Developments 8.3.6. Gurit Holdings 8.3.6.1. Overview 8.3.6.2. Products/ End-User 8.3.6.3. Strategy 8.3.6.4. Key Developments 8.3.7. Kringlan Composites 8.3.7.1. Overview 8.3.7.2. Products/ End-User 8.3.7.3. Strategy 8.3.7.4. Key Developments 8.3.8. Mitsubishi Rayon company ltd 8.3.8.1. Overview 8.3.8.2. Products/ End-User 8.3.8.3. Strategy 8.3.8.4. Key Developments 8.3.9. Plason Carbon Composites 8.3.9.1. Overview 8.3.9.2. Products/ End-User 8.3.9.3. Strategy 8.3.9.4. Key Developments 8.3.10. Formosa Plastic Corporations 8.3.10.1. Overview 8.3.10.2. Products/ End-User 8.3.10.3. Strategy 8.3.10.4. Key Developments 8.3.11. DowAksa Advanced composite holdings 8.3.11.1 Overview 8.3.11.2 Products/End Users 8.3.11.3 Strategy 8.3.11.4 Key Developments 8.3.12. Jiangsu Henshen fibre materials 8.3.12.1 Overview 8.3.12.2 Product/End Users 8.3.12.3 Strategy 8.3.12.4 Key Developments 8.3.13. 3M 8.3.14. Aciturri 8.3.15. Bassara 8.3.16. Caproni 8.3.17. DuPont 8.3.18. Nissan 8.3.19. Dow Chemical Dr. Schnabel GmbH & Co.KG 8.3.20. Bombardier