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CFRP Market will reach 20600 million US$ in 2023

11-07-2018 02:36 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Global Info Research

New report published by Global Info Research which offers insights on the global CFRP market.

CFRP are composite materials made through infusion of a resin and a carbon fiber reinforcement. They offer high weight savings, increased tensile strength, fatigue resistance, impact resistance and durability which make them ideal for use in diversified industrial applications. CFRP products are increasingly substituting metals in various automotive applications, primarily to reduce fuel consumption. They are used in manufacturing of tennis racquets, aerospace & automotive components, protective helmets, blades for wind turbines, molding compounds, plates for building & construction and imaging equipment structures. These materials can be used as a chemical or water purifier owing to carbon being a powerful absorbent.

Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/global-cfrp-market_p85023.html

Global CFRP Market: Forecast by Type / Application / Region

This report focuses on the CFRP in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

CFRP 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.

The worldwide market for CFRP is expected to grow at a CAGR of roughly 8.9% over the next five years, will reach 20600 million US$ in 2023, from 12300 million US$ in 2017, according to a new GIR (Global Info Research) study.

Global Nonferrous Metal Recycling Market:Key Players
Cytec Industries Inc.
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, Inc.
Zhongfu Shenying Carbon Fiber Co., Ltd.

Ask for Discount on Research Report and Request Sample Copy of Report@
https://www.globalinforesearch.com/global-cfrp-market_p85023.html

Related Information:
United States CFRP Market 2018 Forecast to 2023
Europe CFRP Market 2018 Forecast to 2023
North America CFRP Market 2018 Forecast to 2023
Asia-Pacific CFRP Market 2018 Forecast to 2023
China CFRP Market 2018 Forecast to 2023
EMEA CFRP Market 2018 Forecast to 2023
Global CFRP Market 2018 Forecast to 2023

About Us:
GlobalInfoResearch is a report publisher, a customer, interest-based suppliers. Is in the best interests of our clients, they determine our every move. At the same time, we have great respect for the views of customers. With the improvement of the quality of our research, we develop custom interdisciplinary and comprehensive solution. For further development, we will do better and better. GlobalInfoResearch will with excellent professional knowledge and experience to carry out all aspects of our business. At the same time, we will thoroughly look for information, to give a more comprehensive development.

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