Los Angeles, CA -- (SBWire) -- 03/28/2019 --This study focuses on the production side and consumption side of CFRP, presents the global CFRP market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the CFRP capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of CFRP by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
CFRP are composite materials made through infusion of a resin and a carbon fiber reinforcement. They offer high weight savings, increased tensile strength, fatigue resistance, impact resistance and durability which make them ideal for use in diversified industrial applications. CFRP products are increasingly substituting metals in various automotive applications, primarily to reduce fuel consumption. They are used in manufacturing of tennis racquets, aerospace & automotive components, protective helmets, blades for wind turbines, molding compounds, plates for building & construction and imaging equipment structures. These materials can be used as a chemical or water purifier owing to carbon being a powerful absorbent.
CFRP products offer higher weight saving and thus a better fuel economy than the traditional materials such as steel and aluminum. Vehicle manufacturers are obliged to reduce the average energy consumption of vehicles, and this goal can be met using lightweight products. In addition, increased demands for eco-friendly and low VOCs products in vehicles enhance the need for CFRP products in automotive industry.
The CFRP market was valued at 12300 Million US$ in 2017 and is projected to reach 24300 Million US$ by 2025, at a CAGR of 8.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for CFRP.
Get your Sample Copy of Report @ https://www.qyresearch.com/sample-form/form/810624/global-cfrp-industry-research-report-growth-trends-and-competitive-analysis-
This report includes the following manufacturers; we can also add the other companies as you want.
Cytec Industries Inc.
DowAksa Advanced Composites Holdings B.V.
Formosa Plastics Corporation
Hexcel Corporation
Jiangsu Hengshen Fibre Material Co., Ltd.
Mitsubishi Rayon Co., Ltd
SGL Carbon SE
Teijin Limited.
Toray Industries, Inc.
Zhongfu Shenying Carbon Fiber Co., Ltd.
Market Segment by Product Type
Thermosetting
Thermoplastic
Market Segment by Application
Aerospace & Defense
Wind Turbines
Automotive
Sports Equipment
Building & Construction
Molding Compounds
Market by Region
North America, Asia-Pacific, Europe, Central & South America, Middle East & Africa.
Get your Detail Copy of Report @ https://www.qyresearch.com/index/detail/810624/global-cfrp-industry-research-report-growth-trends-and-competitive-analysis-2018-2025
Benefits of Purchasing QY Research Report
- Analyst Support: Get you query resolved from our expert analysts before and after purchasing the report
- Customer's Satisfaction: Our expert team will assist with all your research needs and customize the report
- Inimitable Expertise: Analysts will provide deep insights about the reports
- Assured Quality: We focus on the quality and accuracy of the report
Get Full Report for USD 5600 delivery time within 24 hours @ https://www.qyresearch.com/settlement/pre/c9bcb22fb2b97a9881312067d8a8fc94,0,1,Global%20CFRP%20Industry%20Research%20Report,%20Growth%20Trends%20and%20Competitive%20Analysis%202018-2025
About QYResearch
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.
CFRP Market Analysis & Forecast 2019 : Cytec Industries Inc.,DowAksa Advanced Composites Holdings B.V