"Global Carbon Fiber-Reinforced Plastics (CFRP) Market - Industry Trends and Forecast to 2028
Global Carbon Fiber-Reinforced Plastics (CFRP) Market, By Raw Material (Polyacrylonitrile (PAN)-based CFRP, Pitch-based CFRP, Rayon-Based, Others), Type (Thermoset, Thermoplastic), Manufacturing Process (Prepreg Layup, Pultrusion and Winding, Wet Lamination and Infusion, Press and Injection, Others), Application (Aerospace and Defense, Wind Turbines, Automotive, Sports Equipment, Building and Construction, Marine, Defense, Electrical and Electronics, Medical, Civil Engineering, Molding Compounds, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
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**Segments**
- **By Raw Material**
- Virgin Carbon Fiber
- Recycled Carbon Fiber
- **By Resin Type**
- Thermoset CFRP
- Thermoplastic CFRP
- **By Manufacturing Process**
- Layup Process
- Resin Transfer Molding (RTM)
- Compression Molding
- Injection Molding
- Filament Winding
- Others
Carbon Fiber-Reinforced Plastics (CFRP) market can be segmented based on raw material, resin type, and manufacturing process. In terms of raw material, the market is divided into virgin carbon fiber and recycled carbon fiber. Virgin carbon fiber is the most commonly used material due to its high strength and light weight properties. Recycled carbon fiber is gaining traction due to its sustainability aspect and cost-effectiveness. Moving on to resin type, the market is segmented into thermoset CFRP and thermoplastic CFRP. Thermoset CFRP offers excellent chemical resistance and dimensional stability, while thermoplastic CFRP provides higher impact strength and easier recyclability. Finally, in the manufacturing process segment, CFRP can be produced using various methods including layup process, resin transfer molding (RTM), compression molding, injection molding, filament winding, and others.
**Market Players**
- **Toray Industries, Inc.**
- **SGL Group**
- **Teijin Limited**
- **Mitsubishi Chemical Holdings Corporation**
- **Hexcel Corporation**
- **Solvay**
- **Lanxess**
- **Celanese Corporation**
- **Gurit**
- **Plasan Carbon Composites**
The global Carbon Fiber-Reinforced Plastics (CFRP) market is highly competitive with several key players dominating the industry. Toray Industries, Inc., SGL Group, Teijin Limited, Mitsubishi Chemical Holdings Corporation, Hexcel Corporation, Solvay, Lanxess, Celanese CorporationThe global Carbon Fiber-Reinforced Plastics (CFRP) market is experiencing robust growth driven by increasing demand from various end-use industries such as aerospace, automotive, wind energy, and sports leisure. Toray Industries, Inc. is one of the key players in the market known for its high-quality carbon fiber products and strong market presence. SGL Group, another major player, specializes in innovative solutions for lightweight construction using carbon fibers. Teijin Limited offers a wide range of CFRP products catering to diverse industry requirements. Mitsubishi Chemical Holdings Corporation focuses on technological advancements and sustainable solutions in the CFRP market.
Hexcel Corporation is a leading player known for its advanced composites technology and a wide product portfolio in the aerospace and defense sectors. Solvay is a key player offering high-performance materials including carbon fibers for various applications. Lanxess, a global specialty chemicals company, provides innovative solutions for lightweight construction using CFRP materials. Celanese Corporation focuses on developing high-performance CFRP materials for automotive and industrial applications. Gurit is renowned for its expertise in composite materials and structural engineering solutions for the aerospace and marine industries. Plasan Carbon Composites specializes in advanced composite materials for defense and security applications.
The CFRP market is witnessing technological advancements in manufacturing processes such as automation, robotics, and additive manufacturing, driving efficiency and cost-effectiveness in production. The layup process is one of the traditional methods of CFRP manufacturing, involving the manual or automated placement of prepreg materials in a mold. Resin Transfer Molding (RTM) is a popular choice for high-volume production of complex shapes with low tooling costs. Compression molding offers fast cycle times and excellent surface finish for CFRP components. Injection molding is suitable for producing intricate and lightweight parts with high production rates.
Filament winding is a specialized process for manufacturing cylindrical or tubular CFRP structures with high strength-to-weight ratio. Other manufacturing processes include pultrusion, autoclave molding, and prepreg compression molding,**Additional Segments**
- **Global Carbon Fiber-Reinforced Plastics (CFRP) Market, By Raw Material**
- Polyacrylonitrile (PAN)-based CFRP
- Pitch-based CFRP
- Rayon-Based
- Others
- **Type**
- Thermoset
- Thermoplastic
- **Manufacturing Process**
- Prepreg Layup
- Pultrusion and Winding
- Wet Lamination and Infusion
- Press and Injection
- Others
- **Application**
- Aerospace and Defense
- Wind Turbines
- Automotive
- Sports Equipment
- Building and Construction
- Marine
- Defense
- Electrical and Electronics
- Medical
- Civil Engineering
- Molding Compounds
- Others
- **Country**
- U.S.
- Canada
- Mexico
- Brazil
- Argentina
- Rest of South America
- Germany
- France
- Italy
- U.K.
- Belgium
- Spain
- Russia
- Turkey
- Netherlands
- Switzerland
- Rest of Europe
- Japan
- China
- India
- South Korea
- Australia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Philippines
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Core Objective of Carbon Fiber-Reinforced Plastics (CFRP) Market:
Every firm in the Carbon Fiber-Reinforced Plastics (CFRP) Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
- Size of the Carbon Fiber-Reinforced Plastics (CFRP) Market and growth rate factors.
- Important changes in the future Carbon Fiber-Reinforced Plastics (CFRP) Market.
- Top worldwide competitors of the Market.
- Scope and product outlook of Carbon Fiber-Reinforced Plastics (CFRP) Market.
- Developing regions with potential growth in the future.
- Tough Challenges and risk faced in Market.
- Global Carbon Fiber-Reinforced Plastics (CFRP) top manufacturers profile and sales statistics.
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