Carbon Fiber Reinforced Plastic (CFRP) Market 2016 to Grow at a CAGR of 13.07% During the Period to 2020
CFRP is a composite material with the following properties: high tensile strength, lightweight, stiffness, durability, fatigue, and corrosion resistance. This material is manufactured using PAN-based or pitch-based fibers. It is used for applications such as wind turbines, aerospace, sport/leisure, molding, automotive, pressure vessel, and others.
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