Press release
Carbon Fiber Reinforced Plastic (CFRP) Market Size, Share Analysis, Trends And Forecast 2023-2032
Carbon Fiber Reinforced Plastic CFRP Market Report
The Business Research Company's Carbon Fiber Reinforced Plastic CFRP Global Market Report 2023 identifies the rise in demand for lightweight vehicles as the major driver for the carbon fiber reinforced plastic (CFRP) market's growth in the forecast period. Light weighting is a concept in the automobile industry referring to designing automobiles that are lighter, to achieve better fuel efficiency and handling. Automakers manufacture parts from carbon fiber, windshields from plastic, and bumpers out of aluminum foam, as ways to lessen vehicle load. Carbon fiber reinforced plastic (CPRF) has extremely low shrinkage and expansion against heat which is a strong benefit for automobiles body. CFRP are used in manufacturing expensive sports cars, bicycles, and motorbikes.
The global carbon fiber reinforced plastic market size is expected to grow from $11.32 billion in 2022 to $12.58 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global carbon fiber reinforced plastic market size is expected to grow to $18.01 billion in 2027 at a CAGR of 9.4%.
Download Free Sample Of Carbon Fiber Reinforced Plastic CFRP Market Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8577&type=smp
Major competitors in the carbon fiber reinforced plastic (CFRP) market are Solvay S.A, DowAksa Advanced Composites Holding B.V, Formosa Plastics Corporation, Hexcel Corporation, Mitsubishi Rayon Co. Ltd., SGL Carbon SE, Teijin Limited, Toray Indusries, Nikkiso Co Ltd., AllRed & Associates Inc., Rochling Group, Jiangsu Hengshen Fiber Material Co. Ltd., Zhongfu Shenying Carbon Fiber Co. Ltd., Nippon Graphite Fiber Co. Ltd., and SABIC.
A key trend in the carbon fiber reinforced plastic (CFRP) market includes The product innovation. Major companies operating in the carbon fiber reinforced plastic market are focused on developing innovative products to strengthen their position in the market. For instance, in May 2021, Braskem S.A., a Brazil-based petrochemical company partnered with Vartega Inc., a US-based plastic resin manufacturer, for a new 3D Printing Filament Recycling Program, and launched a new, innovative carbon fiber reinforced polypropylene filament for 3D printing ("CF-PP") ("FL900PP-CF").
Read More On The Global Carbon Fiber Reinforced Plastic CFRP Market Report Here:
https://www.thebusinessresearchcompany.com/report/carbon-fiber-reinforced-plastic-cfrp-global-market-report
The carbon fiber reinforced plastic (CFRP) market is segmented -
•By Type: Polyacrylonitrile, Petroleum Pitch, Other Types
•By Resin: Thermosetting, Thermoplastic
•By End-User: Aerospace, Automotive, Sports and Leisure, Building and Construction, Wind Power Industry, Other End-Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the carbon fiber reinforced plastic (CFRP) market.
The Business Research Company's "Global Carbon Fiber Reinforced Plastic CFRP Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Carbon Fiber Reinforced Plastic CFRP Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8577
The Table Of Content For The Carbon Fiber Reinforced Plastic CFRP Market Include:
1. Carbon Fiber Reinforced Plastic CFRP Market Executive Summary
2. Carbon Fiber Reinforced Plastic Market Characteristics
3. Carbon Fiber Reinforced Plastic Market Trends And Strategies
4. Carbon Fiber Reinforced Plastic Market - Macro Economic Scenario
5. Carbon Fiber Reinforced Plastic Market Size And Growth
……
26. Africa Carbon Fiber Reinforced Plastic Market
27. Carbon Fiber Reinforced Plastic Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Carbon Fiber Reinforced Plastic Market
29. Carbon Fiber Reinforced Plastic Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Carbon Fiber Reinforced Plastic (CFRP) Market Size, Share Analysis, Trends And Forecast 2023-2032 here
News-ID: 3202693 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Carbon
Carbon-Carbon Composite Market to Reach $3.31 Billion by 2031 | SGL Carbon, Toyo …
NEW YORK, (UNITED STATES) - QY Research latest 'Carbon-Carbon Composite Market 2025 Report' offers an unparalleled, in-depth analysis of the industry, delivering critical market insights that empower businesses to enhance their knowledge and refine their decision-making processes. This meticulously crafted report serves as a catalyst for growth, unlocking immense opportunities for companies to boost their return rates and solidify their competitive edge in an ever-evolving market. What sets this report…
Carbon Black Market Next Big Thing | Cabot, Tokai Carbon, Jiangxi Black Carbon, …
Market Research Forecast published a new research publication on "Global U.S. U.S. Carbon Black Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the U.S. U.S. Carbon Black Market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive…
Carbon-Carbon Composite Material Market Size, Share 2024, Impressive Industry Gr …
Report Description: -
QY Research's latest report 'Carbon-Carbon Composite Material Market 2024 Report' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The…
Carbon Black Market Scenario & Industry Applications 2020-2025 | Phillips Carbon …
The global carbon black market size is projected to surpass USD 18 billion by 2025. Carbon black act as a reinforcement material for tires and rubber, and possess electrical conductive properties. Carbon black provide pigmentation, conductivity, and UV protection for a number of coating applications along with toners and printing inks for specific color requirements. Its multiple application across various end product along with rising economic outlook has significantly enhanced…
Global Carbon-Carbon Composite Market 2020-2026 SGL Carbon, Toyo Tanso, Tokai Ca …
Global Carbon-Carbon Composite Market 2020-2026 analysis Report offers a comprehensive analysis of the market. It will therefore via depth Qualitative insights, Historical standing and verifiable projections regarding market size. The projections featured inside the report square measure derived victimisation verified analysis methodologies and assumptions. Report provides a progressive summary of the Carbon-Carbon Composite business 2020 together with definitions, classifications, Carbon-Carbon Composite market research, a decent vary of applications and Carbon-Carbon…
Global Carbon Black Market to 2026| Cabot, Orion Engineered Carbons, Birla Carbo …
Albany, NY, 10th January : Recent research and the current scenario as well as future market potential of "Carbon Black Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" globally.
Carbon Black Market - Overview
Carbon black (CB) is manufactured through partial combustion of heavy hydrocarbons under controlled temperature and pressure to obtain fine particles and aggregates having a wide range of structure and surface properties. This…
