Press release
Carbon Fiber Reinforced Plastic (CFRP) Market Size, Status and Industry Outlook During 2020 to 2025; Mitsubishi Materials, SGL Group, Solvay, Teijin
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According to the research, over the next five years the global Carbon Fiber Reinforced Plastic (CFRP) market will register a 11.4% CAGR in terms of revenue, the market size will reach USD 21.81 billion by 2025, from USD 14.14 billion in 2019.
Top Companies in the Global Carbon Fiber Reinforced Plastic (CFRP) Market are
Toray, Weihai Guangwei Composites, Mitsubishi Materials, SGL Group, Solvay, Teijin, SABIC, Hexcel, Ensinger, DowAksa, and Others.
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https://www.marketinsightsreports.com/reports/03311939970/global-carbon-fiber-reinforced-plastic-cfrp-market-growth-2020-2025/inquiry?mode=72&source=openPR
Carbon fiber-reinforced plastics (CFRP) are used in the aerospace industry and for machine tool spindles, power-transmission shafts, and robotic arms. It was found that: Surface roughness of the CFRP improved substantially for grinding with diamond wheels of increasing mesh number up to #4000.
Types of the market are Thermosetting CFRP, Thermoplastic CFRP, and Other.
Thermosetting CFRP is the most commonly used type, with about 67.14% market share in 2019.
Applications of the market are Aerospace & Defense, Sports Goods, Automotive, Pressure Vessels, Construction & Civil Engineering, Marine, Electronic & Electric Parts, and Other.
Demand from the aerospace and defense industry accounts for the largest market share, being 31.12% in 2019.
News Updates
- Tokyo, Japan / May 21, 2020 / Toray Carbon Fiber and Thermoplastic Pellet Advances Poised to Enhance Molded Product Cost Performances
For More Information Use Referral Link below
- Tokyo, Japan / February 25, 2020 / Toray and Five European Subsidiaries Exhibiting Carbon Fiber Composites Together for First Time at JEC World 2020
For More Information Use Referral Link below
- Tokyo, Japan / February 4, 2018 / Toray announces new out-of-autoclave CFRP technology
New fabrication technology for carbon fiber reinforced plastics (CFRP) enables both improved dimensional accuracy and energy savings.
(Avail Offer: Flat 20% Discount on this report)
Browse Full Report Description with TOC
https://www.marketinsightsreports.com/reports/03311939970/global-carbon-fiber-reinforced-plastic-cfrp-market-growth-2020-2025?mode=72&source=openPR
Regions covered By Carbon Fiber Reinforced Plastic (CFRP) Market Report 2020 To 2025 are
North America (The United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other).
Objectives of the Carbon Fiber Reinforced Plastic (CFRP) market report is
- A comprehensive evaluation of all opportunities and risks in the market.
- Carbon Fiber Reinforced Plastic (CFRP) market current developments and significant occasions.
- The deep study of business techniques for the development of the market-driving players.
- Conclusive study about the improvement plot of market for approaching years.
- Top to the bottom approach of market-express drivers, targets, and major littler scale markets.
- Favorable impressions inside imperative mechanical and publicize the latest examples striking the market.
References and Sources
https://cs2.toray.co.jp/news/toray/en/newsrrs02.nsf/0/D6B9B930F74F3E214925856D000B82A6?open
https://cs2.toray.co.jp/news/toray/en/newsrrs02.nsf/0/28F1FBF96BEF5EBC492585190019331C?open
https://www.compositesworld.com/news/toray-announces-new-out-of-autoclave-cfrp-technology
Related Reports
Global Recycled Carbon Fiber Market
https://www.marketinsightsreports.com/reports/06182099917/covid-19-impact-on-global-recycled-carbon-fiber-market-insights-forecast-to-2026?source=OpenPRR&mode=72
Global Thermosetting CFRP Market
https://www.marketinsightsreports.com/reports/11301613572/global-thermosetting-cfrp-market-report-2019-competitive-landscape-trends-and-opportunities?mode=72&source=openPR
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