Consainsights logo
  • Reports /
  • Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market

Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market

Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market Market Research Report – Segmented By Raw Material Type & Tow Size (Polyacrylonitrile (Pan-based) Carbon Fibers, Pitch-based Carbon Fiber, Rayon-based Carbon Fiber), By Resin Type (Thermosetting Cfrp, Thermoplastic Cfrp), By Manufcaturing Process (Lay Up Process, Compression Molding Process, Resin Transfer Molding Process, Filament Winding Process, Injection Molding Process, Pultrusion Process, Other Processes), By Application (Aerospace & Defense, Wind Energy, Automotive, Sporting Goods, Civil Engineering, Pipe & Tank, Marine, Electrical & Electronics, Other Applications) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.

Table of contents

Executive Summary

Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market from Consainsights analyses the Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market Market in the Chemicals & Materials industry over the forecast period to 2027.

Figure 1: Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market Size, 2019-2027

Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market segmentation includes Raw Material Type & Tow Size, Resin Type, Manufcaturing Process, Application and Geography.

All segmentations encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.

Based on the Raw Material Type & Tow Size, the Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market analysis covers Polyacrylonitrile (Pan-based) Carbon Fibers, Pitch-based Carbon Fiber, Rayon-based Carbon Fiber.

Figure 2: Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market Share (%), Raw Material Type & Tow Size 2021

Based on the Resin Type, the Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market analysis covers Thermosetting Cfrp, Thermoplastic Cfrp.

Figure 3: Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market Share (%), Resin Type 2021

Based on the Manufcaturing Process, the Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market analysis covers Lay Up Process, Compression Molding Process, Resin Transfer Molding Process, Filament Winding Process, Injection Molding Process, Pultrusion Process, Other Processes.

Figure 4: Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market Share (%), Manufcaturing Process 2021

Based on the Application, the Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market analysis covers Aerospace & Defense, Wind Energy, Automotive, Sporting Goods, Civil Engineering, Pipe & Tank, Marine, Electrical & Electronics, Other Applications.

Figure 5: Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market Share (%), Application 2021

Key companies operating in the market include Toray Industries Inc., Teijin Limited, Mitsubishi Rayon Co. Ltd., Sgl Group, Formosa Plastics Corporation, Hexcel Corporation, Hyosung, Tencate, Dowaksa, Cytec Industries Inc., Taekwang Industrial Co. Ltd. and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.

Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.

Market Overview

Definition & Scope

  • The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
  • The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
  • The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
  • Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
  • Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
  • As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

By Raw Material Type & Tow Size

Introduction

By By Raw Material Type & Tow Size, The Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market analysis covers Polyacrylonitrile (Pan-based) Carbon Fibers, Pitch-based Carbon Fiber, Rayon-based Carbon Fiber.

Table: 1: Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market Size, By By Raw Material Type & Tow Size

Polyacrylonitrile (Pan-based) Carbon Fibers

The Polyacrylonitrile (Pan-based) Carbon Fibers segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Pitch-based Carbon Fiber

The Pitch-based Carbon Fiber segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Rayon-based Carbon Fiber

The Rayon-based Carbon Fiber segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Resin Type

Introduction

By By Resin Type, The Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market analysis covers Thermosetting Cfrp, Thermoplastic Cfrp.

Table: 2: Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market Size, By By Resin Type

Thermosetting Cfrp

The Thermosetting Cfrp segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Thermoplastic Cfrp

The Thermoplastic Cfrp segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Manufcaturing Process

Introduction

By By Manufcaturing Process, The Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market analysis covers Lay Up Process, Compression Molding Process, Resin Transfer Molding Process, Filament Winding Process, Injection Molding Process, Pultrusion Process, Other Processes.

Table: 3: Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market Size, By By Manufcaturing Process

Lay Up Process

The Lay Up Process segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Compression Molding Process

The Compression Molding Process segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Resin Transfer Molding Process

The Resin Transfer Molding Process segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Filament Winding Process

The Filament Winding Process segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Injection Molding Process

The Injection Molding Process segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Pultrusion Process

The Pultrusion Process segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Other Processes

The Other Processes segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Application

Introduction

By By Application, The Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market analysis covers Aerospace & Defense, Wind Energy, Automotive, Sporting Goods, Civil Engineering, Pipe & Tank, Marine, Electrical & Electronics, Other Applications.

Table: 4: Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market Size, By By Application

Aerospace & Defense

The Aerospace & Defense segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Wind Energy

The Wind Energy segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Automotive

The Automotive segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Sporting Goods

The Sporting Goods segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Civil Engineering

The Civil Engineering segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Pipe & Tank

The Pipe & Tank segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Marine

The Marine segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Electrical & Electronics

The Electrical & Electronics segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Other Applications

The Other Applications segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Company Analysis

Introduction

Key companies operating in the market include Toray Industries Inc., Teijin Limited, Mitsubishi Rayon Co. Ltd., Sgl Group, Formosa Plastics Corporation, Hexcel Corporation, Hyosung, Tencate, Dowaksa, Cytec Industries Inc., Taekwang Industrial Co. Ltd. and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.