Press release
Carbon Fiber Reinforced Plastics Market Size Expected to Reach USD 36290 Million by 2028 - Valuates Reports
Carbon fiber reinforced plastic (CFRP or CRP), is a very strong, light and expensive composite material or fiber-reinforced plastic. Similar to glass-reinforced plastic, one uses commonly the name of its reinforcing fibers (carbon fiber) for the composite material.
Get Detailed Analysis of COVID-19 Impact on Carbon Fiber Reinforced Plastics (CFRPs) Market @ https://reports.valuates.com/request/sample/QYRE-Othe-2C487/Carbon_Fiber_Reinforced_Plastics_Market
North America dominated the global carbon fiber reinforced plastics market in 2017. The demand for CFRP is the region is mainly due to growing end-user industries. CFRPs are extensively used in major end-user industries in the region, such as aerospace, wind power, building & construction, and automotive. CFRP is considered to be a key ingredient in numerous areas of the automobile industry. The enactment of fuel economy norms has led the automobile manufacturers to using CFRP in the manufacturing of vehicles in place of steel and aluminum components and body. In addition, many automotive companies are expanding their production plants in countries, including the United States, Canada, and Mexico. Therefore, the demand for CFRP in North America is expected to grow during the forecast period.
View Full Report: https://reports.valuates.com/reports/QYRE-Othe-2C487/carbon-fiber-reinforced-plastics
Key Market Players
➣Teijin
➣Mitsubishi Rayon
➣SABIC
➣Toray Industries
➣SGL Group
➣Solvay
➣Hexcel
➣Formosa Plastics
➣A&P Technology
➣Hyosung
➣Nippon Graphite Fiber
➣Quickstep Technologies
➣Holding Company Composite (HCC)
By Type
➣Thermosetting CRFPs
➣Thermoplastic CRFPs
By Application
➣Aerospace
➣Automotive
➣Sports and Leisure
➣Construction
➣Wind Power Industry
➣Other
By Regional and Country-level Analysis
➣North America
➣United States
➣Canada
➣Asia-Pacific
➣China
➣Japan
➣South Korea
➣India
➣Southeast Asia
➣Australia
➣Rest of Asia-Pacific
➣Europe
➣Germany
➣France
➣U.K.
➣Italy
➣Russia
➣Nordic Countries
➣Rest of Europe
➣Latin America
➣Mexico
➣Brazil
➣Rest of Latin America
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣UAE
➣Rest of MEA
Similar Reports:
Hollow Fiber Filtration Industry: https://reports.valuates.com/reports/QYRE-Othe-2F477/hollow-fiber-filtration-industry
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