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CFRP Market: Lucrative Segments and their Underlying Factors | SGL Carbon SE, Teijin Limited, Toray Industries, Inc., Zhongfu Shenying Carbon Fiber Co., Ltd

New York (US) – Key Companies Covered in the CFRP Market Research are Cytec Industries Inc., DowAksa Advanced Composites Holdings B.V., Formosa Plastics Corporation, Hexcel Corporation, Jiangsu Hengshen Fibre Material Co.,, Mitsubishi Rayon Co., Ltd, SGL Carbon SE, Teijin Limited, Toray Industries, Inc., Zhongfu Shenying Carbon Fiber Co., Ltd. and other key market players.

The CFRP market is expected to reach $20,284 million by 2022 from 2015 value of $ 11,781 million, growing at CAGR of 8.1% from 2016 to 2022. Report Ocean recently added a research report on the global CFRP Market. The report includes an extensive analysis of the market’s characteristics, COVID-19 impact, size and growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. In addition, it traces the development of the market over time and projects regional market growth. It compares the market to other markets and situates it in relation to the larger market.

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Other business intelligence tools include market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, industrial chain, market effect factors analysis, global market size forecast, market data and graphs and statistics, tables, bar and pie charts, and more. Obtain a thorough report (with a full TOC, more than 100 tables, figures, and charts). – Extensive Analysis Impact Analysis of the Pre- and Post-COVID-19 Market Outbreak.

Carbon fiber reinforced plastics (CFRP) are strong, lightweight composite materials that are used in different industries to manufacture various products. CFRPs consist of a matrix and a reinforcement, and are majorly employed to replace metals in various applications. The matrix comprises thermosetting or thermoplastic resin, and carbon fiber acts as the structural reinforcement. CFRPs have 10 times more strength as compared to steel, and weighs approximately five times less than steel. CFRP is ideal for industrial use owing to its properties such as impact resistance, strength, stiffness, flexibility, and ability to carry loads. The emergence of CFRP products addresses the impact of fuel on our environment as lightweight vehicles require less fuel consumption. CFRP products are used to develop aerospace & automobile components, plates for building construction, protective helmets, imaging equipment structures, and tennis racquets. They can be also used as a chemical purifier or water purifier, as carbon is a powerful absorbent.

The demand for CFRP materials in the aerospace & defense and automotive sectors are driving the market. Requirement of CFRP in other sectors such as electronics, leather & textiles, defense, and building & constructions are also contributing to further market growth. The huge investment in CFRP R&D led to an increase in the number of patents. Polyacrylonitrile (PAN)-based raw material is majorly used for CFRP production. The CFRP market is expected to register substantial growth in the near future, owing to the need for collaborations, mergers, and acquisitions. However, high cost and conductivity are anticipated to restrain the growth of this market. Conductivity of CFRP materials restrict its use with glass fiber as the latter is a good insulator.

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The report segments the CFRP market on the basis of raw material, type, manufacturing process, application, and geography. Based on raw material, it is divided into PAN, petroleum pitch, and others that include rayon and coal tar pitch. Based on type, it is bifurcated into thermosetting and thermoplastic. Thermosetting is further sub-divided into epoxy resin, polyester resin, vinyl resin, and others; and thermoplastic is further segmented into polyether ether ketone (PEEK), polyurethane, polyethersulfone (PES), polyetherimide (PEI), and others. Based on different manufacturing processes, the market is classified into prepreg layup, pultrusion & winding, wet lamination & infusion, press & injection, and others. According to application, it is categorized into aerospace & defense, wind turbines, sports equipment, automotive, molding compounds, building & construction and others. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS:

This report provides a quantitative analysis of the world CFRP market from 2014 to 2022, which identifies the dominant market opportunities.
This report presents an extensive analysis of the current trends and emerging market estimations and dynamics.
Major countries in each region are mapped according to the individual market revenue.
Comprehensive analysis of factors that drive and restrict the market growth is provided.
The study also assists in understanding an in-depth analysis of current research and clinical developments along with the major dynamic factors.
Key players within the CFRP market are profiled and their strategies are analyzed thoroughly.

KEY MARKET SEGMENTS:

By Raw Material

Polyacrylonitrile (PAN)
Petroleum pitch
Others (Rayon, Coal Tar Pitch)

By Type

Thermosetting
Epoxy resin
Polyester resin
Vinyl resin
Others (Phenolic, Urethane)
Thermoplastic
Polyether ether ketone (PEEK)
Polyurethane (PU)
Polyethersulfone (PES)
Polyetherimide (PEI)
Others (Polypropylene and Polycarbonate)

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By Manufacturing Process

Prepreg Layup
Pultrusion and Winding
Wet Lamination & Infusion
Press and Injection
Others

By Application

Aerospace & Defence
Wind Turbines
Sports Equipment
Automotive
Molding Compounds
Building & Construction
Others

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Philippines
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Turkey
Others

For the purpose of creating company plans and strategies, our market research offers crucial information on market size, business trends, industry structure, market share, and market predictions.

The report covers a number of variables, such as the COVID-19 containment status, the recovery of the end-user market, and the recovery timeline for 2020- 2021.

With regard to the COVID-19 Outbreak Impact Analysis:

  • In light of COVID-19, the report examined market trends.
  • On the basis of the upstream and downstream markets, the study examined COVID-19’s effects on the manufacturing industry’s supply chain.
  • We examine how COVID-19 has affected diverse regions and significant nations.
  • It is noted how COVID-19 will affect the industry’s future growth.

Examined in the study are:

  • Market behavior, risk, and opportunity levels
  • An assessment of end-industry behavior and opportunity
  • An anticipated timeline for industry recovery.

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Each study is more than 100 pages long and is jam-packed with graphs, tables, insightful text, and coverage of in-depth custom market reports that provide crucial market data for the industry.

Report Ocean’s CFRP Market report consists:

Micro and macroanalysis, the operational environment, regional dynamics, and market addressability, Regulatory and legal frameworks, Analysis of profitability and costs, Market segmentation analysis, market’s current marketing techniques, optimal technique, gap analysis, competitive environment, leading market participants, Benchmarking, Future market possibilities and trends: scenario modeling

Geographical Breakdown: The regional and nation breakdowns section analyses the market in each geography, provides market size information by geography and contrasts the market’s past and projected growth. It includes the effects and course of COVID-19 recovery for all geographical areas, significantly developed nations, and substantial emerging markets

Key inquiries addressed in the report:

  • Investigate the COVID 19 outbreak’s effects.
  • Our researchers give precise responses, pinpoint significant chances and fresh investments, and suggest excellent market strategy avenues.

These responses will feature a comprehensive examination of the:

  • The markets’ current infrastructures
  • Market opportunities and challenges
  • Future potential for growth in specific industries
  • Major geographic and market segments to target, and end-user target groups and their potential operational volumes
  • Representative and a value chain opportunity breakdown
  • Market size and growth rate throughout the anticipated time frame.
  • The market’s main driving forces
  • Key market trends are impeding market expansion.
  • Obstacles to market expansion.
  • Market’s top merchants.
  • Thorough SWOT analysis
  • Threats and opportunities faced by the current vendors in the global market.
  • Trending factors that affect the markets in the various regions.
  • Initiatives with a strategic focus on the top vendors.
  • PEST study of the five main market regions.

Here the report offers details on import and export, production, earnings, and major players across all regions examined. It covers important manufacturers, significant market segments, the range of goods on offer in the global market, years are taken into account, and research goals.

It also discusses the segmentation analysis based on product type and application that is presented in the report. The major studies, market growth rate, competitive environment, market drivers, trends, concerns, and macroscopic indicators, are all summarized. The report studies the SWOT analysis of each player profiled in this section, their products, production, value, capacity, and other crucial criteria.

The following are the market factors covered in this report:

Important Market Strategic Developments:

The research covers the major strategic market developments, such as R&D, M&A, agreements, new product launches, collaborations, partnerships, joint ventures, and regional expansion of the major rivals operating in the market on a national and international level.

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Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.

Analysis’s Key Market Indicators & Method

Using a variety of analytical methodologies, the study uses in-depth research and evaluation to present information on the leading market players and their position within the industry. Analytical techniques, such as Porter’s five forces analysis, feasibility studies, SWOT analyses, and ROI analyses have been used to examine the development of the major market players.

The major Information in the CFRP Market Report:

CFRP Market Research Report Worldwide

Section 1: Overview of the global CFRP Market

Section 2: The Effect of the Global Economy on the CFRP Market Industry

Section 3: Industry Producer Competition in the Global Market

Section 4: Regional breakdown of global productions’ revenue (value)

Section 5: Geographical Distribution of Global Supplies (Production), Consumption, Export, and Import

Global Productions, Revenue (Value), Price Trend, and Product Type are covered in Section 6

Section 7: Analysis of the global market based on application

Section 8: CFRP Market Pricing Analysis

Section 9: Downstream Buyers, Sourcing Strategy, and Market Chain

Section 10: Distributors’, Suppliers’, and Traders’ essential strategies and directives

Section 11: Market Vendors’ Key Marketing Strategy Analysis

Section 12: Analysis of Market Effect Factors

Section 13: Forecast for the Global CFRP Market

For details check the full TOC list.

Thank you for reading; if you’d prefer, you can order this report in portions by chapter or by continent, such as Asia, Europe, or North America.

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