Carbon Fiber Reinforced Plastic (CFRP) Market 2016 size, share, growth, trends, review, research, industry analysis and forecast upto 2020 by Market Research Store

Deerfield Beach, FL -- (SBWire) -- 04/19/2016 --About CFRP

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.

Global Carbon Fiber Reinforced Plastic (CFRP) market to grow at a CAGR of 13.07% over the period 2014-2019.

Covered in this Report

The global CFRP market can be segmented into two based on type: thermosetting CFRP and thermoplastic CFRP. Thermosetting CFRP is widely used as it has excellent resistance to solvents and corrosives, heat, and high temperature.

Global CFRP Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the global CFRP market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Regions
- Americas
- APAC
- EMEA

Key Vendors
- Formosa Plastics
- Hexcel
- Mitsubishi Rayon Carbon Fiber and Composite
- SGL Group
- Toho Tenax America
- Toray Industries
- Zoltek

Other Prominent Vendors
- Composite Holding
- Crosby Composites
- Cytec Industries
- DowAksa
- GKN Aerospace
- Gurit Holdings
- Hyosung
- Kringlan Composites
- Nippon Graphite Fibre
- Plasan Carbon Composites
- Teijin
- Tencate

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Market Driver
- Demand from Automotive Sector
- For a full, detailed list, view our report

Market Challenge
- High Cost of Carbon Fibers
- For a full, detailed list, view our report

Market Trend
- Growing Demand for Electric and Hybrid Vehicles
- For a full, detailed list, view our report