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Global Carbon Fiber-Reinforced Plastic Market to Grow at a CAGR of 12.09% during the period 2016-2020

03-15-2017 09:14 AM CET | Science & Education

Press release from: marketsizeforecasters.com

/ PR Agency: Market Size Forecasters
Market Research Report on Global Carbon Fiber-Reinforced Plastic Market is a professional and in-depth research report. The Report include basic information like definitions, classifications, applications and industry chain overview, industry policies and plans, product specifications, manufacturing processes, cost structures and so on.

The Report Announces the Publication of its Research Report – Global Carbon Fiber-Reinforced Plastic Market 2016-2020

The Report recognizes the following companies as the key players in the global carbon fiber-reinforced plastic market: Hexcel, Mitsubishi Rayon, SGL, Toray, and Teijin.

Other Prominent Vendors in the market are: DowAksa, Holding Company Composite, Nippon Graphite Fiber Corporation, and Plasan Carbon Composites.

Commenting on Global Carbon Fiber-Reinforced Plastic Market, the expert of research team said: “The latest trend gaining momentum in the market is growth in automotive segment. The automotive industry is growing due to the increasing sales of passenger and commercial vehicles worldwide. In terms of units, an estimated 89.68 million vehicles were sold in 2015. The number is expected to rise to 108.31 million in 2020. Rising per capita income and population growth are expected to increase the acceptance of vehicles.”

The Report analysts forecast the global carbon fiber-reinforced plastic market to grow at a CAGR of 12.09% during the period 2016-2020.

Request a sample copy of Global Carbon Fiber-Reinforced Plastic Market Research Report @ https://marketsizeforecasters.com/get-sample/1882

According to Global Carbon Fiber-Reinforced Plastic Market, one of the major drivers for this market is growth in aerospace and defense segment. The global aerospace industry has been growing with almost 22,000 new air fleets, which is expected to double over 2025 to an in-service fleet of 44,000 airplanes. The growth in commercial air fleets is primarily driven by APAC and the Middle East due to increase in the number of passengers. This is further expected to grow due to increased replacement of older aircraft with newer fuel efficient ones.
Further, Global Carbon Fiber-Reinforced Plastic Market states that one of the major factors hindering the growth of this market is hazards and environmental concerns. The principal health hazards of carbon fiber handling are due to mechanical abrasion. Microfibers of carbon if uncontrolled have a potential to stick into the skin or the mucous membranes of individuals, causing irritation. Carbon fiber is enormously strong, but it can break, and when it does break it may be highly dangerous. When an epoxy carbon fiber composite product breaks through tensile overload, it splinters. These splinters are sharp and can cause traumatic injuries. They are non-toxic but have a strong affinity to dirt, leading to infections.

The listed pricing for this Global Carbon Fiber-Reinforced Plastic Market report starts at $ 2500. Request Discount for Global Carbon Fiber-Reinforced Plastic Market Research Report @ https://marketsizeforecasters.com/enquire-for-discount/1882

Table of Contents in Global Carbon Fiber-Reinforced Plastic Market Research Report
PART 06: Market segmentation by raw materials
Global CFRP market by raw materials
Global PAN-based CFRP market
Global pitch-based CFRP market
Global rayon-based CFRP market
PART 07: Global Carbon Fiber-Reinforced Plastic Market segmentation by type
Global CFRP market by resin type
Global market for thermoset resins
Global market for thermoplastic resins
PART 08: Market segmentation by end user
Global CFRP market by end user
Global CFRP market in aerospace and defense segment
Global CFRP market in wind energy segment
Global CFRP market in automotive segment
Global CFRP market in sporting goods segment
Global CFRP market in civil engineering segment
Global CFRP market in pressure vessels segment
Global CFRP market in marine applications segment
Global CFRP market in other application segments
PART 09: Geographic segmentation
Global CFRP market by region
CFRP market in Americas
CFRP market in Europe
CFRP market in APAC

Browse full table of contents and data tables For Global Carbon Fiber-Reinforced Plastic Market Report @ https://marketsizeforecasters.com/global-carbon-fiber-reinforced-plastic-market-2016-2020

Global Carbon Fiber-Reinforced Plastic Market was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Global Carbon Fiber-Reinforced Plastic Market of 60 pages having tables and figures is available for purchase at
https://marketsizeforecasters.com/securecheckout/paymenta/1882?msfpaycode=sumsf

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Global Laminated Steel Market by Manufacturers, Countries, Type and Application, Forecast to 2022
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https://marketsizeforecasters.com/global-laminated-steel-market-by-manufacturers-countries-type-and-application-forecast-to-2022

MarketSizeForecasters.com, a Skyline Market Research LLP brand, is an online aggregator of market research reports. MarketSizeForecasters.com offers a comprehensive collection of full length reports on global and regional markets in 100+ industry verticals. We have partnered with some of the leading business and market research publishing houses and regularly update our online library to offer wide range of reports to our customers.

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