Pune, India -- (SBWire) -- 09/11/2018 --The Report in light of Global Carbon Fiber Reinforced Plastic Market is the latest extension to the database of Infinium Global Research. This exploration investigates in light of uses, advancement, geology, and sorts. The Report gives a clear Global Carbon Fiber Reinforced Plastic Market audit nearby the examination of industry's gross edge, cost structure, usage esteem, and deal cost. The principle partnership of the Carbon Fiber Reinforced Plastic Market, makers, and dealers are profiled in the report close by the latest Industry change present and future examples. The report also deep dives into the sub-segments of Carbon Fiber Reinforced Plastic Market by type (thermo setting and thermoplastic), by raw materials (petroleum pitch), manufacturing process (prepreg layup, wet lamination & infusion, press, injection), application (aerospace & defense, wind turbines, automotive, sports equipment, building & molding compounds) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.
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The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Carbon Fiber Reinforced Plastic Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Carbon Fiber Reinforced Plastic Market are Cytec Industries Inc., DowAksa Advanced Composites Holding B.V., Formosa Plastics Corporation, Hexcel Corporation, JIANGSU HENGSHEN FIBRE MATERIALS CO.LTD., Mitsubishi Rayon Co., Ltd., SGL CARBON SE, Teijin Limited, Toray Industries, Inc., Zhongfu Shenying Carbon Fiber Co., Ltd."
The report identified that the global carbon fiber reinforced plastic (CRFP) market is driven by factors such as, increasing demand in the automotive and aerospace industry. Moreover, growth in defense sector is likely to boost the market size of carbon fiber reinforced plastic (CRFP) market over the next few years. On the other hand, the restraining factors identified in the study include demand for lightweight & cost-effective CFRP.
Rising Demand for carbon fiber reinforced plastic (CRFP) market in sports applications, especially in the APAC region and Research and development in the aviation industry for manufacturing components provide opportunity for major players in the emerging and developing economies. High cost associated with production of defense grade CFRP is a challenge for the major players to expand further during the forecast period.
Segments Covered:
The report segments the global carbon fiber reinforced plastic (CRFP) market by type, raw materials, manufacturing process, application and region. On the basis of raw materials the CFRP market is segmented as polyacrylonitrile, petroleum pitch and others. Moreover, on the basis of types it is segmented as thermo setting and thermoplastic. The manufacturing processes of carbon fiber reinforced plastic include prepreg layup, pultrusion and winding, wet lamination & infusion, press and injection and others. The applications of CFRP covered in the research include aerospace & defense, wind turbines, automotive, sports equipment, building & construction, molding compounds and others.
Major Key Players mentioned in this Premium Report
The companies covered in the report include Cytec Industries Inc., DowAksa Advanced Composites Holding B.V., Formosa Plastics Corporation, Hexcel Corporation, JIANGSU HENGSHEN FIBRE MATERIALS CO.LTD., Mitsubishi Rayon Co., Ltd., SGL CARBON SE, Teijin Limited, Toray Industries, Inc., Zhongfu Shenying Carbon Fiber Co., Ltd.
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Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of carbon fiber reinforced plastic (CRFP) market globally as well as regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of Carbon Reinforced Plastic. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global carbon fiber reinforced plastic (CRFP) market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the global carbon fiber reinforced plastic (CRFP) market to understand the present and future trends in this market and formulate their strategies accordingly.
Carbon Fiber Reinforced Plastic Market Size, Share and 2023 : Global Industry Historical Analysis and Latest Innovations 2017
The report also deep dives into the sub-segments of Carbon Fiber Reinforced Plastic Market by type (thermo setting and thermoplastic), by raw materials (petroleum pitch), manufacturing process (prepreg layup, wet lamination & infusion, press, injection), application (aerospace & defense, wind turbines, automotive, sports equipment, building & molding compounds) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.