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Carbon Fiber Reinforced Plastic (cfrp) Market

Carbon Fiber Reinforced Plastic (CFRP) Market by Raw Material (Polyacrylonitrile (PAN), Petroleum Pitch, and Others), Resin Type (Thermosetting and Thermoplastic), and Application (Aerospace & Defense, Wind Turbine, Automotive, Sports Equipment, Building & Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A01335
Pages: 380
Feb 2022 | 16437 Views
   
Author(s) : Nikhil Mittal , Chidanand , Eswara Prasad
Tables: 213
Charts: 73
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Carbon Fiber Reinforced Plastic (Cfrp) Market Statistics – 2030

The global carbon fiber reinforced plastic (CFRP) market was valued at $7.0 billion in 2020, and is projected to reach $15.4 billion by 2030, growing at a CAGR of 8.3% from 2021 to 2030.

The increasing risk of infection among the workforce has resulted in delayed construction projects amid the COVID-19 scenario, where carbon fiber reinforced plastic is widely used in beams, columns, and slabs to enhance its tensile strength. For instance, according to an article published by CNA in 2020, the construction Industry Joint Committee (CIJC) said that the shortage of manpower may lead to delay in construction projects attributed to workplace safety, and other factors.

Carbon fiber reinforced plastic (CFRP) is a composite material made through infusion of a resin and a carbon fiber reinforcement. Established metallic structures, such as manipulators are redesigned with the use of CFRP, which in turn decrease the weight of the structures and increase performance level. 

Load-bearing capacity, light weight, and high fatigue strength makes CFRP a widely used material over steel and aluminum in aerospace, automotive, and robotics end-use industries. Safety is an utmost important factor considered during manufacturing of high-performance race cars. CRPF has the capability of absorbing high impact energy as compared to steel, making it ideal and widely-used during the production of high-performance race car parts. In addition, high-end car manufacturers are constantly trying to improve fuel efficiency and reduce greenhouse gas emissions. CRPF is 30 times lighter than aluminum, making it viable to be used during production of performance-oriented cars. For instance, BMW i8 and i3 are performance-oriented cars that use CRPF composed automotive parts, which in turn increases the fuel efficiency of these cars. All these factors collectively surge the demand for carbon fiber reinforced plastic (CFRP), thereby augmenting the global market growth.

However, the price of CFRP products is approximately 10 times higher than the price of steel counterparts, which makes it difficult for CFRP products to expand in domestic markets. This factor is anticipated to hamper the market growth. In addition, CFRP products are manufactured through long production cycles, which leads to less production of goods in a specific time interval, limiting the use of CFRP products in applications where higher number of products are required in a short time interval. 

On the contrary, increase in number of governmental regulations over the concern of rising greenhouse gas emissions from cars, light weight vehicles, heavy duty vehicles, and others, is anticipated to offer new growth opportunities to the carbon fiber reinforced plastic market during the forecast period. In addition, National Highway and Traffic Safety Administration along with the U.S. Environmental Protection Agency has set up standards that is aimed to achieve more than 50 miles per gallon of mileage. CFRP is 50 times lighter than steel, making it widely used during production of automotive parts, such as panels, bumper guards, dashboard, and other under-hood components. Light weight of CFRP improves fuel efficiency and in turn, reduces greenhouse gas emission. It is a key factor that is anticipated to offer new opportunity in the global carbon fiber reinforced plastic (CFRP) market. 

The carbon fiber reinforced plastic (CFRP) market analysis is done on the basis of raw material, resin type, application, and region. On the basis of raw material, the market is divided into polyacrylonitrile (PAN), petroleum pitch, and others.  On the basis of resin type, the market is divided into thermosetting and thermoplastic. On the basis of applications, the market is segmented into aerospace & defense, wind turbines, automotive, sports equipment, building & construction, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The major companies profiled in this report include Solvay S.A., DowAksa Advanced Composites Holdings B.V., Formosa, Plastics Corporation, Hexcel Corporation, Jiangsu Hengshen Fibre Material Co. Ltd., Mitsubishi Rayon Co. Ltd., SGL Carbon SE, Teijin Limited, Toray Industries, and Zhongfu Shenying Carbon Fiber Co. Ltd.

Carbon Fiber Reinforced Plastic (CFRP) Market
By Region

2030
Lamea 
North America
Europe
Asia-pacific

LAMEA would exhibit highest CAGR of 8.9% during 2021-2030.

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Carbon Fiber Reinforced Plastic (Cfrp) Market, By Region

The LAMEA carbon fiber reinforced plastic (CFRP) market size is projected to grow at the highest CAGR of 8.9% during the forecast period and accounted for 45% of carbon fiber reinforced plastic (CFRP) market share in 2020.

Light-weight and high-strength are utmost important factors considered during manufacturing of aircraft structures. Tensile strength, modulus, and fatigue strength of CFRP make it ideal to be used during production of aircraft structures, which in turn reduces fuel consumption. In addition, CFRP is radiolucent making it viable to be used during manufacturing of imaging structures too support limbs. The aerospace sector in the Saudi Arabia is gaining importance owing to indigenous aerospace engineering competence and advanced maintenance, repair and overhaul (MRO) capabilities. In addition, presence of large number of aerospace parts manufacturers such as Alsalam Aerospace Industries have further pushed the demand and production for CFRP in LAMEA.

Carbon Fiber Reinforced Plastic (CFRP) Market
By Raw Material

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Petroleum pitch segment is the most lucrative segment

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Carbon Fiber Reinforced Plastic (Cfrp) Market, By Raw Material

In 2020, the polyacrylonitrile (PAN) segment was the largest revenue generator, and is anticipated to grow at a CAGR of 8.1% during the forecast period. PAN is a widely used raw material during production of carbon fiber reinforced plastic owing to its superior strength and stability. In addition, about 90% of CFRP are produced using polyacrylonitrile, which drives the demand for CFRP in the global market.

Carbon Fiber Reinforced Plastic (CFRP) Market
By Resin Type

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Thermoplastic segment is the most lucrative segment

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Carbon Fiber Reinforced Plastic (Cfrp) Market, By Resin Type

In 2020, the thermosetting segment was the largest revenue generator, and is anticipated to grow at a CAGR of 8.2% during the forecast period. Thermosetting resins, such as epoxy, polyester, and vinyl resins are widely used during formulation of carbon fiber reinforced plastic owing to advantages, such as adhesion, adaptability, high strength, and low shrinkage which escalates the demand in the global market.

Carbon Fiber Reinforced Plastic (CFRP) Market
By Application

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Wind turbines segment is the most lucrative segment

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Carbon Fiber Reinforced Plastic (Cfrp) Market, By Application

In 2020, the aerospace & defense application was the largest revenue generator, and is anticipated to grow at a CAGR of 8.0% during the forecast period. Rise in R&D activities to reduce flight weight and increase flight safety has opened up new growth opportunities for CFRP in the aerospace and defense sectors. Carbon fiber reinforced plastic materials are used in planes, helicopters, and even space shuttles, which drives growth of the carbon fiber reinforced plastic market. 

Impact Of Covid-19 On Global Carbon Fiber Reinforced Plastic (Cfrp) Market

  • The novel coronavirus (COVID-19) is an incomparable global pandemic that has spread over 180 countries and caused huge losses of lives and economy around the globe. The carbon fiber reinforced plastic market has been negatively impacted due to the wake of COVID-19 owing to its dependence on building & construction, automotive, aerospace, and other sectors. 
  • The increasing risk of infection among the workforce has resulted in delayed construction projects amid the COVID-19 scenario, where carbon fiber reinforced plastic is widely used in beams, columns, and slabs to enhance its tensile strength. For instance, according to an article published by CNA in 2020, the construction Industry Joint Committee (CIJC) said that the shortage of manpower may lead to delay in construction projects attributed to workplace safety, and other factors. 
  • Moreover, several carbon fiber reinforced plastic manufacturers have either shut down or shrank their operations, which in turn has resulted in supply chain disruptions. This has temporarily hampered the demand for carbon fiber reinforced plastic market during the COVID-19 period. 
  • In addition, the falling income of customers has led to decrease in demand for carbon fiber reinforced plastic among the automotive sectors. For instance, according to a report published by Wipro, the sales of passenger cars saw a 30% decline in March 2020 as compared to March 2019, owing to lockdowns and shutdowns of auto plants. 
  • In addition, the travel restrictions imposed by the governments of various countries have led the aerospace & aviation sectors to witness temporary downfall. Also, COVID-19 has put a temporary break on various aircraft manufacturing projects, which in turn has shrank the demand for carbon fiber reinforced plastic among the aerospace & aviation sectors.

Key Benefits For Stakeholders

  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • It outlines the current carbon fiber reinforced plastic (CFRP) market trends and future estimations from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
  • The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
  • The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

Key Market Segments

  • By Type
    • Polyacrylonitrile (PAN)
    • Petroleum Pitch
    • Others
  • By Resin Type
    • Thermosetting
    • Thermoplastic
  • By Application
    • Aerospace & Defense
    • Wind Turbines
  • Automotive
    • Sports Equipment
    • Building & Construction
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Saudi Arabia
      • South Africa
      • Rest of LAMEA
  • Key players in the global carbon fiber reinforced plastic (CFRP) market are:
    • Solvay S.A.
    • DowAksa Advanced Composites Holdings B.V.
    • Formosa Plastics Corporation
    • Hexcel Corporation
    • Jiangsu Hengshen Fibre Material Co., Ltd.
    • Mitsubishi Rayon Co. Ltd.
    • SGL Carbon SE
    • Teijin Limited
    • Toray Industries
    • Zhongfu Shenying Carbon Fiber Co. Ltd.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Increase in demand for lightweight products in automotive industry
3.4.1.2.Rise in demand for high performance products in aerospace & defense end use industry

3.4.2.Restraint

3.4.2.1.High cost of carbon fiber reinforced plastic and long production cycle

3.4.3.Opportunity

3.4.3.1.Growing demand of carbon fiber reinforced plastic in building & construction end-use industry

3.5.Value chain analysis
3.6.Pricing analysis
3.7.Impact of key regulations on the global carbon fiber reinforced plastic (CFRP) market
3.8.Impact of COVID-19 on the global carbon fiber reinforced plastic (CFRP) market
3.9.Patent analysis, 2012-2021

CHAPTER 4:CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL

4.1.Overview

4.1.1.Market size and forecast, by raw material

4.2.Polyacrylonitrile (PAN)

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Petroleum pitch

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

4.4.Others

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market share analysis, by country

CHAPTER 5:CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE

5.1.Overview

5.1.1.Market size and forecast

5.2.Thermosetting

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Thermoplastic

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

CHAPTER 6:CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION

6.1.Overview

6.1.1.Market size and forecast

6.2.Aerospace & Defense

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market share analysis, by country

6.3.Wind Turbine

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market share analysis, by country

6.4.Automotive

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market share analysis, by country

6.5.Sports Equipment

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market share analysis, by country

6.6.Building & Construction

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market share analysis, by country

6.7.Others

6.7.1.Key market trends, growth factors, and opportunities
6.7.2.Market size and forecast, by region
6.7.3.Market share analysis, by country

CHAPTER 7:CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by raw material
7.2.3.Market size and forecast, by resin type
7.2.4.Market size and forecast, by application
7.2.5.Market share analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.   Market size and forecast, by raw material
7.2.5.1.2.   Market size and forecast, by resin type
7.2.5.1.3.   Market size and forecast, by application

7.2.5.2.Canada

7.2.5.2.1.   Market size and forecast, by raw material
7.2.5.2.2.   Market size and forecast, by resin type
7.2.5.2.3.   Market size and forecast, by application

7.2.5.3.Mexico

7.2.5.3.1.   Market size and forecast, by raw material
7.2.5.3.2.   Market size and forecast, by resin type
7.2.5.3.3.   Market size and forecast, by application

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by raw material
7.3.3.Market size and forecast, by resin type
7.3.4.Market size and forecast, by application
7.3.5.Market share analysis, by country

7.3.5.1.Germany

7.3.5.1.1.   Market size and forecast, by raw material
7.3.5.1.2.   Market size and forecast, by resin type
7.3.5.1.3.   Market size and forecast, by application

7.3.5.2.France

7.3.5.2.1.   Market size and forecast, by raw material
7.3.5.2.2.   Market size and forecast, by resin type
7.3.5.2.3.   Market size and forecast, by application

7.3.5.3.Italy

7.3.5.3.1.   Market size and forecast, by raw material
7.3.5.3.2.   Market size and forecast, by resin type
7.3.5.3.3.   Market size and forecast, by application

7.3.5.4.Spain

7.3.5.4.1.   Market size and forecast, by raw material
7.3.5.4.2.   Market size and forecast, by resin type
7.3.5.4.3.   Market size and forecast, by application

7.3.5.5.U.K.

7.3.5.5.1.   Market size and forecast, by raw material
7.3.5.5.2.   Market size and forecast, by resin type
7.3.5.5.3.   Market size and forecast, by application

7.3.5.6.Rest of Europe

7.3.5.6.1.   Market size and forecast, by raw material
7.3.5.6.2.   Market size and forecast, by resin type
7.3.5.6.3.   Market size and forecast, by application

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by raw material
7.4.3.Market size and forecast, by resin type
7.4.4.Market size and forecast, by application
7.4.5.Market share analysis, by country

7.4.5.1.China

7.4.5.1.1.   Market size and forecast, by raw material
7.4.5.1.2.   Market size and forecast, by resin type
7.4.5.1.3.   Market size and forecast, by application

7.4.5.2.Japan

7.4.5.2.1.   Market size and forecast, by raw material
7.4.5.2.2.   Market size and forecast, by resin type
7.4.5.2.3.   Market size and forecast, by application

7.4.5.3.India

7.4.5.3.1.   Market size and forecast, by raw material
7.4.5.3.2.   Market size and forecast, by resin type
7.4.5.3.3.   Market size and forecast, by application

7.4.5.4.Spain

7.4.5.4.1.   Market size and forecast, by raw material
7.4.5.4.2.   Market size and forecast, by resin type
7.4.5.4.3.   Market size and forecast, by application

7.4.5.5.Australia

7.4.5.5.1.   Market size and forecast, by raw material
7.4.5.5.2.   Market size and forecast, by resin type
7.4.5.5.3.   Market size and forecast, by application

7.4.5.4.Rest of Asia-Pacific

7.4.5.4.1.   Market size and forecast, by raw material
7.4.5.4.2.   Market size and forecast, by resin type
7.4.5.4.3.   Market size and forecast, by application

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by raw material
7.5.3.Market size and forecast, by resin type
7.5.4.Market size and forecast, by application
7.5.5.Market share analysis, by country

7.5.5.1.Brazil

7.5.5.1.1.   Market size and forecast, by raw material
7.5.5.1.2.   Market size and forecast, by resin type
7.5.5.1.3.   Market size and forecast, by application

7.5.5.2.Saudi Arabia

7.5.5.2.1.   Market size and forecast, by raw material
7.5.5.2.2.   Market size and forecast, by resin type
7.5.5.2.3.   Market size and forecast, by application

7.5.5.3.South Africa

7.5.5.3.1.   Market size and forecast, by raw material
7.5.5.3.2.   Market size and forecast, by resin type
7.5.5.3.3.   Market size and forecast, by application

7.5.5.4.Rest of LAMEA

7.5.5.4.1.   Market size and forecast, by raw material
7.5.5.4.2.   Market size and forecast, by resin type
7.5.5.4.3.   Market size and forecast, by application

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.INTRODUCTION

8.1.1.MARKET PLAYER POSITIONING, 2020

8.2.TOP WINNING STRATEGIES

8.2.1.Top winning strategies, by year
8.2.2.Top winning strategies, by development
8.2.3.Top winning strategies, by company

8.3.PRODUCT MAPPING OF TOP 10 PLAYER
8.4.COMPETITIVE DASHBOARD
8.5.COMPETITIVE HEATMAP
8.6.KEY DEVELOPMENTS

8.6.1.New product launches
8.6.2.Expansions
8.6.3.Other developments

CHAPTER 9:COMPANY PROFILES:

9.1.HEXCEL CORPORATION

9.1.1.Company overview
9.1.2.Company snapshot
9.1.3.Operating business segments
9.1.4.PRODUCT portfolio
9.1.5.Business performance

9.2.Teijin Limited

9.2.1.Company overview
9.2.2.Company snapshot
9.2.3.Operating business segments
9.2.4.Product portfolio
9.2.5.Business performance
9.2.6.Key strategic moves and developments

9.3.DOWAKSA ADVANCED COMPOSITES HOLDING B.V.

9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Product portfolio

9.4.SOLVAY S.A.

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Operating business segments
9.4.4.Product portfolio
9.4.5.Business performance
9.4.6.Key strategic moves and developments

9.5.FORMOSA PLASTIC GROUP

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Product portfolio

9.6.MITSUBISHI CHEMICAL HOLDINGS CORPORATION

9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Operating business segments
9.6.4.Product portfolio
9.6.5.Business performance

9.7.SGL Carbon

9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Operating business segments
9.7.4.Product portfolio
9.7.5.Business performance

9.8.Toray Industries Inc.

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Operating business segments
9.8.4.Product portfolio
9.8.5.Business performance

9.9.Zhongfu Shenying Carbon Fiber Co. Ltd.

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Product portfolio

9.10.Allred & Associates Inc.

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Product portfolio

LIST OF TABLES

TABLE 01.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020-2030 ($MILLION)
TABLE 02.GLOBAL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020-2030 (TONS)
TABLE 03.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR POLYACRYLONITRILE (PAN) RAW MATERIAL, BY REGION, 2020–2030 ($MILLION)
TABLE 04.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR POLYACRYLONITRILE (PAN) RAW MATERIAL, BY REGION, 2020–2030 (TONS)
TABLE 05.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR PETROLEUM PITCH RAW MATERIAL, BY REGION, 2020–2030 ($MILLION)
TABLE 06.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR PETROLEUM PITCH RAW MATERIAL, BY REGION, 2020–2030 (TONS)
TABLE 07.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR OTHERS RAW MATERIAL, BY REGION, 2020–2030 ($MILLION)
TABLE 08.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR OTHERS RAW MATERIAL, BY REGION, 2020–2030 (TONS)
TABLE 09.GLOBAL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020-2030 ($MILLION)
TABLE 10.GLOBAL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020-2030 (TONS)
TABLE 11.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR THERMOSETTING RESIN TYPE, BY REGION, 2020–2030 ($MILLION)
TABLE 12.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR THERMOSETTING RESIN TYPE, BY REGION, 2020–2030 (TONS)
TABLE 13.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR THERMOPLASTIC RESIN TYPE, BY REGION, 2020–2030 ($MILLION)
TABLE 14.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR THERMOPLASTIC RESIN TYPE, BY REGION, 2020–2030 (TONS)
TABLE 15.GLOBAL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 16.GLOBAL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020-2030 (TONS)
TABLE 17.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 18.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY REGION, 2020–2030 (TONS)
TABLE 19.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR WIND TURBINE APPLICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 20.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR WIND TURBINE APPLICATION, BY REGION, 2020–2030 (TONS)
TABLE 21.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR AUTOMOTIVE APPLICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 22.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR AUTOMOTIVE APPLICATION, BY REGION, 2020–2030 (TONS)
TABLE 23.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR SPORTS EQUIPMENT APPLICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 24.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR SPORTS EQUIPMENT APPLICATION, BY REGION, 2020–2030 (TONS)
TABLE 25.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR BUILDING & CONSTRUCTION APPLICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 26.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR BUILDING & CONSTRUCTION APPLICATION, BY REGION, 2020–2030 (TONS)
TABLE 27.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR OTHERS APPLICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 28.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR OTHERS APPLICATION, BY REGION, 2020–2030 (TONS)
TABLE 29.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 30.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY REGION, 2020–2030 (TONS)
TABLE 31.NORTH AMERICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 32.NORTH AMERICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 33.NORTH AMERICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 34.NORTH AMERICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 35.NORTH AMERICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 36.NORTH AMERICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 37.NORTH AMERICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 38.NORTH AMERICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY COUNTRY, 2020–2030 (TONS)
TABLE 39.U.S. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 40.U.S. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 41.U.S. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 42.U.S. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 43.U.S. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 44.U.S. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 45.CANADA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 46.CANADA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 47.CANADA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 48.CANADA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 49.CANADA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 50.CANADA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 51.MEXICO CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 52.MEXICO CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 53.MEXICO CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 54.MEXICO CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 55.MEXICO CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 56.MEXICO CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 57.EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 58.EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 59.EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 60.EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 61.EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 62.EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 63.EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 64.EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY COUNTRY, 2020–2030 (TONS)
TABLE 65.GERMANY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 66.GERMANY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 67.GERMANY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 68.GERMANY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 69.GERMANY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 70.GERMANY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 71.FRANCE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 72.FRANCE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 73.FRANCE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 74.FRANCE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 75.FRANCE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 76.FRANCE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 77.ITALY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 78.ITALY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 79.ITALY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 80.ITALY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 81.ITALY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 82.ITALY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 83.SPAIN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 84.SPAIN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 85.SPAIN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 86.SPAIN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 87.SPAIN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 88.SPAIN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 89.U.K. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 90.U.K. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 91.U.K. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 92.U.K. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 93.U.K. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 94.U.K. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 95.REST OF EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 96.REST OF EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 97.REST OF EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 98.REST OF EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 99.REST OF EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 100.REST OF EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 101.ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 102.ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 103.ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 104.ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 105.ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 106.ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 107.ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 108.ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY COUNTRY, 2020–2030 (TONS)
TABLE 109.CHINA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 110.CHINA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 111.CHINA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 112.CHINA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 113.GERMANY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 114.CHINA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 115.JAPAN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 116.JAPAN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 117.JAPAN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 118.JAPAN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 119.JAPAN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 120.JAPAN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 121.INDIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 122.INDIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 123.INDIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 124.INDIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 125.INDIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 126.INDIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 127.SOUTH KOREA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 128.SOUTH KOREA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 129.SOUTH KOREA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 130.SOUTH KOREA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 131.SOUTH KOREA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 132.SOUTH KOREA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 133.AUSTRALIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 134.AUSTRALIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 135.AUSTRALIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 136.AUSTRALIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 137.AUSTRALIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 138.AUSTRALIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 139.REST OF ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 140.REST OF ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 141.REST OF ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 142.REST OF ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 143.REST OF ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 144.REST OF ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 145.LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 146.LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 147.LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 148.LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 149.LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 150.LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 151.LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 152.LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY COUNTRY, 2020–2030 (TONS)
TABLE 153.BRAZIL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 154.BRAZIL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 155.BRAZIL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 156.BRAZIL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 157.BRAZIL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 158.BRAZIL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 159.SAUDI ARABIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 160.SAUDI ARABIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 161.SAUDI ARABIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 162.SAUDI ARABIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 163.SAUDI ARABIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 164.SAUDI ARABIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 165.SOUTH AFRICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 166.SOUTH AFRICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 167.SOUTH AFRICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 168.SOUTH AFRICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 169.SOUTH AFRICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 170.SOUTH AFRICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 171.REST OF LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILLION)
TABLE 172.REST OF LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 (TONS)
TABLE 173.REST OF LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
TABLE 174.REST OF LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 (TONS)
TABLE 175.REST OF LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 176.REST OF LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 (TONS)
TABLE 177.KEY NEW PRODUCT LAUNCHES (2017-2021)
TABLE 178.KEY EXPANSIONS (2017-2021)
TABLE 179.OTHER KEY DEVELOPMENTS (2017-2021)
TABLE 180.HEXCEL CORPORATION: COMPANY SNAPSHOT
TABLE 181.HEXCEL CORPORATION: OPERATING SEGMENT
TABLE 182.HEXCEL CORPORATION: PRODUCT PORTFOLIO
TABLE 183.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 184.TEIJIN LIMITED: COMPANY SNAPSHOT
TABLE 185.TEIJIN LIMITED: OPERATING SEGMENTS
TABLE 186.TEIJIN LIMITED: PRODUCT PORTFOLIO
TABLE 187.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 188.TEIJIN LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 189.DOWAKSA: COMPANY SNAPSHOT
TABLE 190.DOWAKSA: PRODUCT PORTFOLIO
TABLE 191.SOLVAY: COMPANY SNAPSHOT
TABLE 192.SOLVAY: OPERATING SEGMENTS
TABLE 193.SOLVAY: PRODUCT PORTFOLIO
TABLE 194.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 195.SOLVAY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 196.FORMOSA: COMPANY SNAPSHOT
TABLE 197.FORMOSA: PRODUCT PORTFOLIO
TABLE 198.MITSUBISHI: COMPANY SNAPSHOT
TABLE 199.MITSUBISHI: OPERATING SEGMENTS
TABLE 200.MITSUBISHI PRODUCT PORTFOLIO
TABLE 201.MITSUBISHI: NET SALES, 2018–2020 ($MILLION)
TABLE 202.SGL CARBON: COMPANY SNAPSHOT
TABLE 203.SGL CARBON: OPERATING SEGMENT
TABLE 204.SGL CARBON: PRODUCT PORTFOLIO
TABLE 205.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 206.TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT
TABLE 207.TORAY INDUSTRIES, INC.: OPERATING SEGMENT
TABLE 208.TORAY INDUSTRIES, INC.: PRODUCT PORTFOLIO
TABLE 209.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 210.ZHONGFU SHENYING CARBON FIBER CO., LTD.: COMPANY SNAPSHOT
TABLE 211.ZHONGFU SHENYING CARBON FIBER CO., LTD.:PRODUCT PORTFOLIO
TABLE 212.ALLRED & ASSOCIATES: COMPANY SNAPSHOT
TABLE 213.ALLRED & ASSOCIATES: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET SNAPSHOT
FIGURE 02.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET SEGMENTATION
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.HIGH BARGAINING POWER OF BUYERS
FIGURE 06.HIGH THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.HIGH COMPETITIVE RIVALRY
FIGURE 09.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET DYNAMICS
FIGURE 10.VALUE CHAIN ANALYSIS
FIGURE 11.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, PRICING ANALYSIS, BY RESIN TYPE INDUSTRY, USD/TON
FIGURE 12.PATENT ANALYSIS, BY COUNTRY, 2012-2021
FIGURE 13.PATENT ANALYSIS, BY APPLICANT, 2012-2021
FIGURE 14.PATENT ANALYSIS, BY PUBLICATION DATE, 2012-2021
FIGURE 15.GLOBAL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RAW MATERIAL, 2020–2030 ($MILILION)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR POLYACRYLONITRILE (PAN) RAW MATERIAL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR PETROLEUM PITCH RAW MATERIAL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR OTHERS RAW MATERIAL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY RESIN TYPE, 2020–2030 ($MILLION)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR THERMOSETTING RESIN TYPE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR THERMOPLASTIC, BY COUNTRY, 2020& 2030 (%)
FIGURE 22.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY APPLICATION, 2020–2030 ($MILLION)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR AEROSPACE & DEFENSE APPLICATION, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR WIND TURBINE APPLICATION, BY COUNTRY, 2020& 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR AUTOMOTIVE APPLICATION, BY COUNTRY, 2020& 2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR SPORTS EQUIPMENT APPLICATION, BY COUNTRY, 2020& 2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR BUILDING & CONSTRUCTION APPLICATION, BY COUNTRY, 2020& 2030 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET FOR OTHERS APPLICATION, BY COUNTRY, 2020& 2030 (%)
FIGURE 29.CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET, BY REGION, 2020–2030 ($MILLION)
FIGURE 30.U.S. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 31.CANADA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 32.MEXICO CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 33.GERMANY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 34.FRANCE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 35.ITALY CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 36.SPAIN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 37.U.K. CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 38.REST OF EUROPE CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 39.CHINA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 40.JAPAN CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 41.INDIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 42.SOUTH KOREA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 43.AUSTRALIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 44.REST OF ASIA-PACIFIC CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 45.BRAZIL CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 46.SAUDI ARABIA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 47.SOUTH AFRICA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 48.REST OF LAMEA CARBON FIBER REINFORCED PLASTIC (CFRP) MARKET REVENUE, 2020–2030($MILLION)
FIGURE 49.MARKET PLAYER POSITIONING, 2020
FIGURE 50.TOP WINNING STRATEGIES, BY YEAR, 2017–2020
FIGURE 51.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020 (%)
FIGURE 52.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020
FIGURE 53.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 54.COMPETITIVE DASHBOARD
FIGURE 55.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 56.HEXCEL CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 57.HEXCEL CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.HEXCEL CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 59.TEIJIN LIMITED: REVENUE, 2019–2021 ($MILLION)
FIGURE 60.TEIJIN LIMITED: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 61.TEIJIN LIMITED: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 62.SOLVAY: REVENUE, 2017–2019 ($MILLION)
FIGURE 63.SOLVAY: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 64.SOLVAY: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 65.MITSUBISHI: NET SALES, 2018–2020 ($MILLION)
FIGURE 66.MITSUBISHI: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 67.MITSUBISHI: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 68.SGL CARBON: REVENUE, 2018–2020 ($MILLION)
FIGURE 69.SGL CARBON: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 70.SGL CARBON: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 71.TORAY INDUSTRIES, INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 72.TORAY INDUSTRIES, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 73.TORAY INDUSTRIES, INC.: REVENUE SHARE BY REGION, 2020 (%)


 
 

The global carbon fiber reinforced plastic (CFRP) market is expected to exhibit high growth potential owing to its use in automotive, sporting goods, wind turbine blades, and aerospace applications. In addition, key-players in the automotive market are launching new commercial vehicles that are made of CFRP. For instance, General Motors launched new edition of Sierra Denali pickup truck in 2019, that has carbon-fiber truck bed and hood, composed of carbon fiber reinforced plastic material. Light weight of CFRP makes it an ideal and viable product to be used during production of sporting goods, such as golf shafts, snow boards, fishing rods, and hockey sticks. Moreover, stiffness of CFRP makes it an ideal choice during manufacturing of skis, racquets, helmets, and bicycles, thus driving the demand for CFRP in the global market. 

In addition, growing acceptance of CFRP in the aerospace industry is predicted to offer lucrative growth opportunities in the future. For instance, wing spars and fuselage components used in Airbus A350 XWB, are made up of 52% CFRP and Boeing 787 Dreamliner has 50% CFRP by weight ratio. Continuous flowing cross section area in CFRP allows improved aerodynamic efficiency, making it widely used in the aerospace sector. Medical sector is another consumer of CFRP that is anticipated to escalate the demand for CFRP in the global market. 

Rocket structures and launcher systems are applications that use carbon fiber reinforced plastic during production of these military goods. Moreover, structural performance, strength, and lightweight of CFRP, make it suitable to be used in military protective helmets and other personal protective gears, producing light weight protective gears without compromising on the protective strength of the gears.  

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A. Increase in demand for lightweight products in automotive industry and rise in demand for high performance products in aerospace & defence sector are the key factors boosting the CFRP market growth.

A. The global carbon fiber reinforced plastic (CFRP) market was valued at $7.0 billion in 2020, and is projected to reach $15.4 billion by 2030, growing at a CAGR of 8.3% from 2021 to 2030.

A. Solvay S.A., DowAksa Advanced Composites Holdings B.V., Formosa, Plastics Corporation, Hexcel Corporation, Jiangsu Hengshen Fibre Material Co. Ltd., Mitsubishi Rayon Co. Ltd., SGL Carbon SE, Teijin Limited, Toray Industries, and Zhongfu Shenying Carbon Fiber Co. Ltd. are the most established players of the global CFRP market.

A. Aerospace & defence industry is projected to increase the demand for CFRP Market.

A. The carbon fiber reinforced plastic (CFRP) market analysis is done on the basis of raw material, resin type, application, and region. On the basis of raw material, the market is divided into polyacrylonitrile (PAN), petroleum pitch, and others. On the basis of resin type, the market is divided into thermosetting and thermoplastic. On the basis of applications, the market is segmented into aerospace & defense, wind turbines, automotive, sports equipment, building & construction, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

A. CFRP market products offer higher weight saving and thus a better fuel economy than the traditional materials such as steel and aluminum. Vehicle manufacturers are obliged to reduce the average energy consumption of vehicles, and this goal can be met using lightweight products. In addition, increased demands for eco-friendly and low VOCs products in vehicles enhance the need for CFRP products in automotive industry.

A. CFRP market products offer higher weight saving and thus a better fuel economy than the traditional materials such as steel and aluminum. Vehicle manufacturers are obliged to reduce the average energy consumption of vehicles, and this goal can be met using lightweight products. In addition, increased demands for eco-friendly and low VOCs products in vehicles enhance the need for CFRP products in automotive industry.

A. Wind turbine blade and automotive under hood applications are expected to drive the adoption of CFRP.

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