Insights of the Global Carbon Fiber Reinforced Plastics Market to 2026

Dublin, July 05, 2021 (GLOBE NEWSWIRE) – The report “Carbon Fiber Reinforced Plastics (CFRP) Market: Global Industry Trends, Share, Size, Growth, Opportunities, and Forecasts 2021-2026” has been added to offer.

The global market for carbon fiber reinforced plastics (CFRP) showed moderate growth in the period 2015-2020. Looking ahead, the publisher expects the market to grow with a CAGR of around 6% in the forecast period (2021-2026). Carbon fiber reinforced plastic (CFRP) is a composite material that consists of a polymer matrix reinforced with fibers. Epoxy, polyester, nylon and vinyl are some of the most commonly used CFRPs, usually made by infusing the resin with a carbon fiber reinforcement. They are also made by various other processes such as lamination, pultrusion and winding, compression and injection, etc. These plastics exhibit numerous physical properties such as impact resistance, fatigue resistance, high tensile strength, durability, and minimal weight. Because of this, they find extensive applications in the manufacture of sports equipment, aerospace and automotive components, protective helmets, wind turbine blades, and building materials.

The continued growth of the aerospace industry, along with increasing product demand for the manufacture of lightweight automotive components, is one of the key factors driving the market’s growth. Compared to the traditionally used materials such as aluminum and steel, CFRPs help in the production of environmentally friendly and lighter components with improved fuel consumption and higher levels of efficiency. Another important growth factor is the extensive use of CFRP in the manufacture of various building and building materials. Columns, pillars, pylons and reinforcement structures are made of CFRP due to its durability and resistance to electromagnetic interference. Other factors, including increasing demand for high-performance defense products and increasing product usage in surgical implants and other medical applications, are expected to continue to drive the market.

Distribution according to raw materials:

The story goes on

  • Polyacrylonitrile

  • Pitch based

  • Rayon based

Distribution by type:

  • Thermoset

  • Epoxy resin

  • Polyester resin

  • Vinyl resin

  • Thermoplastic

  • Polyurethane

  • Polyetheretherketone

  • Polyethersulfone

Distribution according to manufacturing process:

Distribution according to application:

Distribution according to regions:

  • North America

  • United States

  • Canada

  • Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Europe

  • Germany

  • France

  • United Kingdom

  • Italy

  • Spain

  • Russia

  • Latin America

  • Brazil

  • Mexico

  • Middle East and Africa

Competitive landscape:

The industry’s competitive landscape was also examined, with some of the key players Cytec Industries Inc., DowAksa Advanced Composites Holdings BV, Formosa Plastics Corporation, Hexcel Corporation, Mitsubishi Chemical Holdings, SGL Carbon SE, Teijin Limited., Toray Industries, Inc. etc.

Key questions answered in this report:

  • How has the global market for carbon fiber reinforced plastics (CFRP) developed so far and how will it develop in the coming years?

  • What are the main regional markets?

  • What is the impact of COVID-19 on the global carbon fiber reinforced plastic (CFRP) market?

  • How is the market split according to raw materials?

  • How is the market divided by type?

  • How is the market split due to the manufacturing process?

  • What is the market split based on the application?

  • What are the different stages of the industry’s value chain?

  • What are the main driving factors and challenges in the industry?

  • How is the global market for carbon fiber reinforced plastics (CFRP) structured and who are the main players?

  • How high is the competition in the industry?

Key topics covered:

1 Introduction

2 Scope and methodology

3 Summary

4 Introduction
4.1 Overview
4.2 Major industry trends

5 Global Carbon Fiber Reinforced Plastic (CFRP) Market
5.1 Market overview
5.2 Market performance
5.3 Effects of COVID-19
5.4 Market forecast

6 Market division according to raw materials
6.1 polyacrylonitrile
6.1.1 Market trends
6.1.2 Market forecast
6.2 Pitch-based
6.2.1 Market trends
6.2.2 Market forecast
6.3 Rayon-based
6.3.1 Market trends
6.3.2 Market forecast

7 Market division by type
7.1 Duroplast
7.1.1 Market trends
7.1.2 Main types Epoxy resin Polyester resin Vinyl resin
7.1.3 Market forecast
7.2 thermoplastic
7.2.1 Market trends
7.2.2 Main types Polyurethane Polyetheretherketone Polyethersulfone
7.2.3 Market forecast

8 Market division by manufacturing process
8.1 Layup
8.1.1 Market trends
8.1.2 Market forecast
8.2 Pultrusion and filament winding
8.2.1 Market trends
8.2.2 Market forecast
8.3 Resin transfer
8.3.1 Market trends
8.3.2 Market forecast
8.4 Injection and compression molding
8.4.1 Market trends
8.4.2 Market forecast
8.5 Other
8.5.1 Market trends
8.5.2 Market forecast

9 Market division by application
9.1 Aerospace & Defense
9.1.1 Market trends
9.1.2 Market forecast
9.2 Automobile
9.2.1 Market trends
9.2.2 Market forecast
9.3 wind energy
9.3.1 Market trends
9.3.2 Market forecast
9.4 Civil engineering
9.4.1 Market trends
9.4.2 Market forecast
9.5 Sporting goods
9.5.1 Market trends
9.5.2 Market forecast
9.6 Electrics and electronics
9.6.1 Market trends
9.6.2 Market forecast
9.7 Marine Applications
9.7.1 Market Trends
9.7.2 Market forecast
9.8 Others
9.8.1 Market Trends
9.8.2 Market forecast

10 Market breakdown by region

11 SWOT analysis

12 Value chain analysis

13 Porter’s Five Forces Analysis

14 price indicators

15 competitive landscape
15.1 Market structure
15.2 Main Actors
15.3 Profiles of the main actors
15.3.1 Cytec Industries Inc. Company overview Product portfolio
15.3.2 DowAksa Advanced Composites Holdings BV Company overview Product portfolio Finances
15.3.3 Formosa Plastics Corporation Company overview Product portfolio Finances SWOT analysis
15.3.4 Hexal Corporation Company overview Product portfolio Finances SWOT analysis
15.3.5 Mitsubishi Chemical Holdings Company overview Product portfolio Finances SWOT analysis
15.3.6 SGL Carbon SE Company overview Product portfolio Finances SWOT analysis
15.3.7 Teijin Limited. Company overview Product portfolio Finances SWOT analysis
15.3.8 Toray Industries Inc. Company overview Product portfolio Finances SWOT analysis

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CONTACT: CONTACT: Laura Wood, Senior Press Manager [email protected] For EST office hours, call 1-917-300-0470 at 353-1-416-8900

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