Research Report on Global Carbon Fiber Reinforced Plastic Market 2015 to 2022 added by DecisionDatabases.com studies the current and upcoming Market Size, Share, Demand, Growth, Trend and Forecast.
The report on global carbon fiber reinforced plastic market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2015–2022. The market size in terms of volume (Tons) and revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth (drivers and restraints).
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The report classifies the market into different segments based on raw material, product and application. These segments are studied in detail incorporating the market estimates and forecasts at regional and country level. The segment analysis is useful in understanding the growth areas and probable opportunities of the market.
A glimpse of the major drivers and restraints affecting this market is mentioned below :
A. Drivers :
- Increasing use of carbon fiber reinforced plastics in automobile and aircraft industries
- Raising demand of fuel efficient vehicles
B. Restraints :
- High cost of carbon fiber reinforced plastics
The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
C. Major player assessed in the report are :
- Cytec Solvay Group
- Formosa Plastics Corporation
- Gurit Holding AG
- Hexcel Corporation
- Hyosung Corporation
- Kringlan Composites AG
- Mitsubishi Rayon Co., Ltd.
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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D. SEGMENTATIONS IN THE REPORT :
1. By Raw Material :
2. By Product :
- Thermosetting CFRP
- Thermoplastic CFRP
3. By Applications :
- Wind Turbines
- Sport Equipment
- Molding & Compounding
- Pressure Vessels
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