Carbon Fiber Reinforced Plastic Market

Carbon Fiber Reinforced Plastic Market: Global Industry Analysis and Opportunity Assessment 2015-2025

  • Ongoing
  • April 2020
  • REP-GB-1148
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Carbon Fiber Reinforced Plastic Market
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This Carbon Fiber Reinforced Plastic market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Carbon Fiber Reinforced Plastic market.


Carbon Fiber Reinforced Plastic (CFRP) are the strong and light composite material containing carbon fiber. To manufacture carbon fiber reinforced plastic (CFRP) we first wove carbon fiber to textile material then resin is applied to the material and left to cure. When compared with glass fiber reinforced plastic, carbon fiber reinforced plastic is expensive and have better strength and rigidity, due to which the CFRP application have extended to aerospace industry and sport equipment. Carbon Fiber Reinforced Plastic application has been discovered in most of the manufacturing industries such as aero plane in aerospace industry, motor racing car in automobile industry, robot arms in industrial applications and bicycle frame in sport equipment.

Global Carbon Fiber Reinforced Plastic Market: Drivers & Restraints

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

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Some of the underlying drivers for the global carbon fiber reinforced plastic market are identified as development of wind power market, deeper oil and gas exploration, urbanization trend, rapid industrialization, and developing infrastructure prospects in Asian region. The growth of carbon fiber reinforced plastic market is expected to be in-line with development of automotive and aerospace industry. High growth potential for carbon fiber reinforced market is expected to come from Asia-Pacific and GCC region aided by the growing infrastructure in the region.

Global Carbon Fiber Reinforced Plastic Market: Segmentation

Global Carbon Fiber Reinforced Plastic Market: Overview

Global carbon fiber reinforced market is expected to expand at CAGR in range of 8%-10% over the forecast period. Automotive industry is expected to exhibit the largest market share coupled with highest growth during the forecast period. Some of the key players in automobile industry are expanding their carbon fiber manufacturing partnership.

Global Carbon Fiber Reinforced Plastic Market: Key Players

Major players over the global carbon fiber reinforced plastic market include Mitsubishi Rayon Co. Ltd, Cytec Industries Inc., SGL Group, Inc., Toray Industries Inc., Hexcel Corp., Gurit Holdings and Magna International Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

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  • Get Deep-Dive Analysis on Each Segment
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On the basis of raw material, the global carbon fiber reinforced plastic market is segmented as,

  • PAN Based
  • Pitch Based

On the basis of types,the global carbon fiber reinforced plastic market is segmented into:

  • Thermoplastic
  • Thermosetting

On the basis of end use industry,the global carbon fiber reinforced plastic market is segmented into:

  • Automotive
  • Wind Turbines
  • Sports
  • Construction
  • Molding & Compound
  • Aerospace
  • Others

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions

What research methodology is used to develop the Carbon Fiber Reinforced Plastic Market report?
  • FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
  • These approaches include accumulating data from both primary and secondary sources
  • Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Carbon Fiber Reinforced Plastic Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
  • Analysis of several middle market stakeholders for country-wise data

In addition to up-to-date market figures and customized of the Carbon Fiber Reinforced Plastic Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.

  • Most of the competitors are segregated according to their market share in 'Tier' wise statures.
  • Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.
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Harish Tiwari

Harish Tiwari

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Pranay Mhaisekar

Pranay Mhaisekar

Business Development

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