An exciting new study from the team of Lucintel found that carbon fiber reinforced plastic (cfrp) market is expected to reach $10.2 billion by 2026 with a CAGR of 6.2%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The Carbon Fiber Reinforced Plastic (CFRP) market is segmented based on end use industry, process type, resin type,and region. In this market, aerospace is the largest segment by end use industry, whereas epoxy is largest by resin. Players can benefit from the available opportunities like automotive and aerospace industries.
The development of technologies to reduce the manufacturing cost of carbon fiber as well as part fabrication and reuse of CFRP as recycled carbon fiber reduces cost of product and environmental impact are emerging trends having impact on dynamics of the industry.
GKN Fokker, Mitsubishi, Voith, Hexcel Corporation, SGL Group, Plasan Carbon Composite, DowAksa, and Toray are some of the major players profiled in this 223 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the carbon fiber reinforced plastic (CFRP) market by end use industry (aerospace, automotive, wind energy, marine, sporting goods, construction and pressure vessel), by process type (prepreg layup, RTM, injection molding, compression molding, filament winding, pultrusion, and others), by resin type (epoxy, phenolic, polyester, vinylester, PEEK, PPS, PEI, PA, and others), and region (North America, Europe, Asia Pacific and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3What are the business risks and threats to the Carbon Fiber Reinforced Plastic (CFRP) market?
Q.4What are some changing demands of customers in the Carbon Fiber Reinforced Plastic (CFRP) market?
Q.5What are the new developments in the Carbon Fiber Reinforced Plastic (CFRP) market? Which companies are leading these developments?
Q.6What strategic initiatives are being implemented by key players for business growth?
Q.7What are some of the competitive products and processes in this Carbon Fiber Reinforced Plastic (CFRP) area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this Carbon Fiber Reinforced Plastic (CFRP) market?
This unique report from Lucintelwill enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.