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Carbon Fiber Reinforced Plastic (CFRP) Market By Manufacturing Process (Prepreg Layup, Pultrusion & Winding, Wet Lamination And Infusion, Press And Injection), By Application (Aerospace, Automotive, Energy, Sporting Equipment, Construction) – Growth, Future Prospects And Competitive Analysis, 2017 – 2025

Report ID: 2454 | Report Format : Excel, PDF

Market Insights

In 2016, the global carbon fibre-reinforced plastic market was worth US$ 32.21 billion. The carbon fibre-reinforced plastic market is mainly driven by the increasing demand from developing economies coupled with environmental regulations towards energy-efficient and environmentally friendly products. The carbon fibre-reinforced plastic market has been segmented on the basis of the manufacturing process, application, and region.

In terms of the manufacturing process, prepreg layup accounted for approximately 40% of global market revenue in 2016 and is expected to maintain this dominance from 2017 to 2025. However, pultrusion and winding processes are anticipated to be the fastest-growing segment, with a CAGR of around 9.7% during the forecast period of 2017 to 2025.

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In terms of application, the energy segment accounted for the largest share in terms of value. It is also projected to grow at the fastest CAGR of 10.7% during the forecast period of 2017 to 2025. Due to its high strength-to-weight ratio (much higher than most metals), CFRP is preferred by the players present in the offshore drilling industry. Carbon fiber composites’ light weight is also a major driving factor in the energy sector, particularly in fuel cells and high-pressure vessels.

In 2016, the carbon fiber-reinforced plastic market by region was dominated by North America, which accounted for approximately 35% of the market share. North America was followed by the Asia-Pacific region and Europe. The U.S. is the largest national market for carbon fiber-reinforced plastic in the North American region due to the huge demand for CFRP composites in the U.S. from the aviation industry. During the forecasted period, Asia Pacific is the fastest-growing market.

Major players operating in the market are Toray Industries Inc. (Japan), Teijin Limited (Japan), Mitsubishi Rayon Co. Ltd. (Japan), SGL-Group (Germany), Formosa Plastics Corporation (Taiwan), and Hexcel Corporation (U.S.), among others.

The report titled “Carbon Fiber Reinforced Plastic Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025” offers strategic insights into the global carbon fibre-reinforced plastic market along with the market size and estimates for the duration of 2017–2025. The said research study covers an in-depth analysis of multiple market segments based on resin type, type, end-use industry, and a cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

The report also includes profiles of the leading carbon fiber-reinforced plastic manufacturers, as well as their product portfolios and key developments, to assist strategic decision-makers.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the carbon fiber reinforced plastic industry
  • Market drivers, market impediments, and their impact on market growth
  • in-depth competitive environment analysis
  • Trailing 2-year market size data (2015–2016)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global carbon fibre-reinforced plastic market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

For the purpose of this study, the global carbon fiber reinforced plastic market by the manufacturing process is categorized into:

  • Prepreg Layup
  • Pultrusion and winding
  • Wet Lamination and Infusion
  • Injection and Press
  • Others

The prepreg layup process dominated the CRPF market in 2016 with a share of approximately 40%, and it is expected to maintain this position throughout the forecasted period. The prepreg layup process is used for the production of aerospace-grade CFRP products. Growth in the market is attributed to increasing aerospace, wind energy, and marine applications. This segment will be followed by pultrusion and winding. Pultrusion and winding will see an increase in its market share in the coming years, as it is expected to grow at the fastest CAGR of 9.7% between 2017 and 2025, owing to increasing demand for light cars and aircraft, fuel efficiency, and government legislation. Other manufacturing processes include electron beam curing and UV curing.

For the purpose of this study, the global carbon fiber reinforced plastic market by application is categorized into:

  • Aerospace
  • Automotive
  • Energy
  • Sporting Equipment
  • Construction
  • Others

The energy sector holds the largest market share in the carbon fibre-reinforced plastic composites market, accounting for approximately 39% of the total in 2017. Carbon fiber finds its application in wind power, fuel cells, oil and gas production, and pressure vessels in the energy industry. The aerospace industry is the second-largest consumer of CFRP composites. The aerospace sector is further segmented into submarkets such as commercial aircraft, military aircraft, business jets, and helicopters. The sporting equipment sector will account for 7% in 2017. Other major applications include marine and other consumer applications.

On the basis of geography, the global carbon fibre-reinforced plastic market is segmented into the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

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North America was the largest market, with a share of approximately 35%, in terms of value, of the global market in 2016, followed by Asia Pacific. The North American composite market is mainly driven by the demand from the U.S. market, which accounts for approximately 75% of the region’s market. Due to the high demand for more fuel-efficient and lightweight technologies, strict environmental regulations, growth in wind energy, and the resurgence of the global automotive sector, coupled with increasing demand from the reviving economies of Western European countries, the demand for CFRP composites will grow globally. Growth in emerging markets will also stimulate demand for CFRP composites, as these economies are characterized by a growing level of disposable income, the rapid development of the middle class, rising levels of urbanization, and changing lifestyles.

1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Top Down & Bottom Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot
2.2. Global Carbon Fiber Reinforced Plastic Market, by Manufacturing Process, 2016
2.3. Global Carbon Fiber Reinforced Plastic Market, by Application, 2016
2.4. Global Carbon Fiber Reinforced Plastic Market, by Region, 2016
2.5. Global Carbon Fiber Reinforced Plastic Market: Premium Insight
2.5.1. Attractive Market Opportunities in the Carbon Fiber Reinforced Plastic Market
2.5.2. Global Carbon Fiber Reinforced Plastic Market: Developed vs. Developing Economy
2.5.3. Global Carbon Fiber Reinforced Plastic Market: Asia Pacific Market Analysis
2.5.4. Global Carbon Fiber Reinforced Plastic Market: Regional Life Cycle Analysis

3. Global Carbon Fiber Reinforced Plastic Market: Market Dynamics
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Future Prospects
3.3. Attractive Investment Proposition, by Geography
3.4. Porter’s analysis
3.4.1. Supplier power
3.4.2. Buyer power
3.4.3. Threat of substitutes
3.4.4. Threat of new entrants
3.4.5. Industry rivalry
3.5. Value Chain Analysis

4. Global Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 -2025
4.1. Overview
4.1.1. Market Share Analysis, by Manufacturing Process, 2016 vs 2025 (Value %)
4.1.2. Attractive Investment Proposition, by Manufacturing Process
4.2. Prepreg Layup
4.3. Pultrusion & Winding
4.4. Wet Lamination and Infusion
4.5. Press and Injection
4.6. Others

5. Global Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 -2025
5.1. Overview
5.1.1. Market Share Analysis, by Application, 2016 vs 2025 (Value %)
5.1.2. Attractive Investment Proposition, by Application
5.2. Aerospace
5.3. Automotive
5.4. Energy
5.5. Sporting Equipment
5.6. Construction
5.7. Others

6. Global Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Geography, 2016 -2025
6.1. Overview
6.1.1. Market Share Analysis by Geography, 2015 vs. 2025
6.2. North America
6.2.1. North America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.2.2. North America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.2.3. North America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Country, 2016 – 2025
6.2.3.1. U.S.
6.2.3.1.1. U.S. Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.2.3.1.2. U.S. Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.2.3.2. Canada
6.2.3.2.1. Canada Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.2.3.2.2. Canada Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.3. Europe
6.3.1. Europe Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.3.2. Europe Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.3.3. Europe Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Region, 2016 – 2025
6.3.3.1. Germany
6.3.3.1.1. Germany Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.3.3.1.2. Germany Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.3.3.2. France
6.3.3.2.1. France Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.3.3.2.2. France Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.3.3.3. U.K.
6.3.3.3.1. U.K. Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.3.3.3.2. U.K. Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.3.3.4. Spain
6.3.3.4.1. Spain Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.3.3.4.2. Spain Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.3.3.5. Italy
6.3.3.5.1. Italy Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.3.3.6. Italy Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.3.3.7. Russia
6.3.3.7.1. Russia Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.3.3.8. Russia Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.3.3.9. Rest of Europe
6.3.3.9.1. Rest of Europe Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.3.3.9.2. Rest of Europe Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.4. Asia Pacific
6.4.1. Asia Pacific Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.4.2. Asia Pacific Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.4.3. Asia Pacific Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Country, 2016 – 2025
6.4.3.1. China
6.4.3.1.1. China Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.4.3.1.2. China Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.4.3.2. India
6.4.3.2.1. India Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.4.3.2.2. India Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.4.3.3. Japan
6.4.3.3.1. Japan Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.4.3.3.2. Japan Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.4.3.4. Rest of Asia Pacific
6.4.3.4.1. Rest of Asia Pacific Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.4.3.4.2. Rest of Asia Pacific Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.5. Latin America (LATAM)
6.5.1. Latin America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.5.2. Latin America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.5.3. Latin America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Country, 2016 – 2025
6.5.3.1. Brazil
6.5.3.1.1. Brazil Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.5.3.1.2. Brazil Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.5.3.2. Mexico
6.5.3.2.1. Mexico Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.5.3.2.2. Mexico Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.5.3.3. Rest of Latin America
6.5.3.3.1. Rest of Latin America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.5.3.3.2. Rest of Latin America Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.6. Middle East and Africa (MEA)
6.6.1. Middle East & Africa Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.6.2. Middle East & Africa Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.6.3. Middle East & Africa Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Region, 2016 – 2025
6.6.3.1. GCC
6.6.3.1.1. GCC Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.6.3.1.2. GCC Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025
6.6.3.2. Rest of MEA
6.6.3.2.1. Rest of MEA Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Manufacturing Process, 2016 – 2025
6.6.3.2.2. Rest of MEA Carbon Fiber Reinforced Plastic Market Size (US$ Bn), by Application, 2016 – 2025

7. Profiles
7.1. Competitive Dashboard
7.2. Toray Industries Inc.
7.2.1. Business Description
7.2.2. Financial Information (Subject to data availability)
7.2.3. Product Portfolio
7.2.4. Business Strategy
7.3. Teijin Limited
7.4. Mitsubishi Chemical Holdings Corporation
7.5. SGL Group
7.6. Formosa Plastics Corporation
7.7. Hexcel Corporation
7.8. Hyosung
7.9. Tencate
7.10. Cytec Solvay Group
7.11. Other Notable Players

List of Figures

FIG. 1 Global Carbon Fiber Reinforced Plastic Market: Research Methodology
FIG. 2 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue (US$ Bn), by Manufacturing Process, 2016
FIG. 3 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue (US$ Bn), by Application, 2016
FIG. 4 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue (US$ Bn), by Geography, 2016
FIG. 5 Attractive Market Opportunities in the Carbon Fiber Reinforced Plastic Market
FIG. 6 Global Carbon Fiber Reinforced Plastic Market: Developed vs. Developing Economy
FIG. 7 Global Carbon Fiber Reinforced Plastic Market: Asia Pacific Market Analysis
FIG. 8 Global Carbon Fiber Reinforced Plastic Market: Regional Life Cycle Analysis
FIG. 9 Attractive Investment Proposition, by Geography
FIG. 10 Key Positioning of Market Players
FIG. 11 Porter’s Analysis
FIG. 12 Value Chain Analysis
FIG. 13 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue Share, by Manufacturing Process, 2016 & 2025 (% Value)
FIG. 14 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Prepreg Layup, 2016 – 2025 (US$ Bn)
FIG. 15 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Pultrusion & Winding, 2016 – 2025 (US$ Bn)
FIG. 16 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Wet Lamination & Infusion, 2016 – 2025 (US$ Bn)
FIG. 17 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Press & Injection, 2016 – 2025 (US$ Bn)
FIG. 18 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Others, 2016 – 2025 (US$ Bn)
FIG. 19 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue Share, by Applications, 2016 & 2025 (% Value)
FIG. 20 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Aerospace , 2016 – 2025 (US$ Bn)
FIG. 21 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Automotive, 2016 – 2025 (US$ Bn)
FIG. 22 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Energy, 2016 – 2025 (US$ Bn)
FIG. 23 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Sporting Equipment, 2016 – 2025 (US$ Bn)
FIG. 24 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Construction, 2016 – 2025 (US$ Bn)
FIG. 25 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Others, 2016 – 2025 (US$ Bn)
FIG. 26 Global Carbon Fiber Reinforced Plastic Market Volume & Revenue Share, by Geography, 2016 & 2025 (Value %)

List of Tables

TABLE 1 Market Snapshot: Global Carbon Fiber Reinforced Plastic Market Volume & Revenue
TABLE 2 North America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 ( Tns(US$ Bn)
TABLE 3 North America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 4 North America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Country, 2016-2025 (US$ Bn)
TABLE 5 U.S. Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 6 U.S. Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 7 Canada Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 8 Canada Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 9 Europe Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 10 Europe Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 11 Europe Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Country, 2016-2025 (US$ Bn)
TABLE 12 Germany Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 13 Germany Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 14 France Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 15 France Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 16 U.K. Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 17 U.K. Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 18 Spain Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 19 Spain Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 20 Italy Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 21 Italy Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 22 Russia Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 23 Russia Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 24 Rest of Europe Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 25 Rest of Europe Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 26 Asia Pacific Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 27 Asia Pacific Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 28 Asia Pacific Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Country, 2016-2025 (US$ Bn)
TABLE 29 China Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 30 China Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 31 India Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 32 India Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 33 Japan Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 34 Japan Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 35 Rest of Asia Pacific Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 36 Rest of Asia Pacific Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 37 Latin America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 38 Latin America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 39 Latin America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Country, 2016-2025 (US$ Bn)
TABLE 40 Brazil Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 41 Brazil Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 42 Mexico Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 43 Mexico Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 44 Rest of Latin America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 45 Rest of Latin America Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 46 Middle East & Africa Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 47 Middle East & Africa Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 48 Middle East and Africa Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Country, 2016-2025 (US$ Bn)
TABLE 49 GCC Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 50 GCC Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 51 Rest of Middle East Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Manufacturing Process, 2016-2025 (US$ Bn)
TABLE 52 Rest of Middle East & Africa Carbon Fiber Reinforced Plastic Market Volume & Revenue, by Application, 2016-2025 (US$ Bn)
TABLE 53 Toray Industries Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 54 Teijin Limited: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 55 Mitsubishi Chemical Holdings Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 56 SGL Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 57 Formosa Plastic Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 58 Hexcel Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 59 Hyosung: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 60 Tencate: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 61 Cytec Solvay Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)

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Frequently Asked Questions

What is the size of Carbon Fiber Reinforced Plastic (CFRP) Market?

The market for Carbon Fiber Reinforced Plastic (CFRP) Market is expected to reach US$ 67.94 Bn in 2025.

What is the Carbon Fiber Reinforced Plastic (CFRP) Market CAGR?

The Carbon Fiber Reinforced Plastic (CFRP) Market is expected to see significant CAGR growth over the coming years, at 5.5%.

What is the Forecast period considered for Carbon Fiber Reinforced Plastic (CFRP) Market?

The report is forecasted to 2017-2025.

What is the base year considered for Carbon Fiber Reinforced Plastic (CFRP) Market?

The base year of this report is 2016.

Who are the major players in this Market?

Competitive Dashboard,Toray Industries Inc.,Teijin Limited,Mitsubishi Chemical Holdings Corporation,SGL Group are some of the major players in the global market.

About Author

Ganesh Chandwade

Ganesh Chandwade

Senior Industry Consultant

Ganesh is a senior industry consultant specializing in heavy industries and advanced materials.

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The manufacturing scale electrostatic precipitator market is projected to grow from USD 898.8 million in 2024 to USD 1,521.4 million by 2032, reflecting a compound annual growth rate of 6.8% during the forecast period.

Concrete Saw Market

The Global Concrete Saw Market size was valued at USD 514.64 million in 2018 to USD 684.22 million in 2024 and is anticipated to reach USD 980.74 million by 2032, at a CAGR of 4.28% during the forecast period.

Concrete Pumps Market

The Global Concrete Pumps Market size was valued at USD 4,328.13 million in 2018 to USD 6,045.57 million in 2024 and is anticipated to reach USD 9,288.64 million by 2032, at a CAGR of 5.13% during the forecast period.

Manifold Absolute Pressure Sensor Market

The Manifold Absolute Pressure Sensor market size was valued at USD 2670 million in 2024 and is projected to reach USD 4869.2 million by 2032, growing at a CAGR of 7.8% during the forecast period.

Fermenters and Aging Equipment Market

The Fermenters and Aging Equipment Market size was valued at USD 9773 million in 2024 and is anticipated to reach USD 16174.3 million by 2032, at a CAGR of 6.5% during the forecast period (2024-2032).

Fiberglass Scaffold Market

The Global Fiberglass Scaffold Market size was valued at USD 4,800.0 million in 2018 to USD 5,943.8 million in 2024 and is anticipated to reach USD 9,511.2 million by 2032, at a CAGR of 6.09% during the forecast peri

Mineral Sand Market

The Mineral Sand Market size was valued at USD 13612 million in 2024 and is anticipated to reach USD 19958.4 million by 2032, at a CAGR of 4.9% during the forecast period (2024-2032).

Epitaxial Wafer Market

Epitaxial Wafer Market size was valued at USD 4218.9 million in 2024 and is anticipated to reach USD 8643.8 million by 2032, at a CAGR of 9.38% during the forecast period.

Commercial Ozone Generator Market

Commercial Ozone Generator Market size was valued at USD 140.54 million in 2024 and is anticipated to reach USD 236.6 million by 2032, at a CAGR of 6.73% during the forecast period.

Glass to Metal Seals Market

The glass to metal seals market is projected to grow from USD 1,190.6 million in 2024 to USD 1,855.1 million by 2032, registering a CAGR of 5.7% during the forecast period.

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The report was an excellent overview of the Industrial Burners market. This report does a great job of breaking everything down into manageable chunks.

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