The Carbon Fibre Reinforced Plastic (CFRP) Composites Market Report 2024-2034:
This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.Rising Demand for Fuel-Efficient and Light-Weight Vehicles Driving Market Growth
The surge in demand for vehicles that are both fuel-efficient and lightweight has emerged as a central driver behind the burgeoning growth of the CFRP composites market. This demand is propelled by the automotive industry's persistent pursuit of solutions to enhance fuel efficiency, decrease emissions, and elevate overall vehicle performance. CFRP composites, renowned for their remarkable strength-to-weight ratio, have become pivotal in achieving these objectives. The imperative to reduce vehicle weight, given its direct impact on fuel consumption, makes CFRP composites an attractive choice for manufacturers seeking innovative materials to construct lighter vehicles.Furthermore, the adoption of CFRP composites aligns with global concerns about environmental sustainability, positioning these materials as a crucial component in the ongoing effort to address climate change. The inherent lightweight nature of CFRP composites not only contributes to improved fuel efficiency but also enhances the overall performance of vehicles, including factors such as acceleration, handling, and braking. Stringent regulatory standards related to emissions and fuel efficiency further drive the automotive industry to explore and incorporate innovative materials like CFRP composites into vehicle design.
The evolution of electric and hybrid vehicles as viable alternatives in the automotive landscape has added another dimension to the demand for lightweight materials. CFRP composites, with their suitability for alternative propulsion systems, play a pivotal role in the development of energy-efficient and environmentally friendly vehicles. Innovations in manufacturing processes, such as automated fibre placement and resin transfer moulding, have streamlined the production of CFRP composites, making them more efficient and cost-effective for automotive applications. As consumer preferences increasingly gravitate towards sustainable and environmentally conscious choices, CFRP composites stand out as materials that align with these expectations, further fuelling their adoption in the automotive industry. In essence, the rise in demand for fuel-efficient and lightweight vehicles positions CFRP composites as a transformative force shaping the landscape of vehicle construction and design.
Increasing R&D Investments
Increasing investments in research and development (R&D) presents a promising opportunity for the CFRP composites market. R&D efforts have the potential to catalyse significant advancements in this industry in several key areas. R&D can drive the development of advanced carbon fibre materials with enhanced properties, including greater strength, stiffness, and durability. These improvements make CFRP composites suitable for an even broader spectrum of industries and applications, particularly those demanding high-performance materials.What Questions Should You Ask before Buying a Market Research Report?
- How is the carbon fibre reinforced plastic (CFRP) composites market evolving?
- What is driving and restraining the carbon fibre reinforced plastic (CFRP) composites market?
- How will each carbon fibre reinforced plastic (CFRP) composites submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
- How will the market shares for each carbon fibre reinforced plastic (CFRP) composites submarket develop from 2024 to 2034?
- What will be the main driver for the overall market from 2024 to 2034?
- Will leading carbon fibre reinforced plastic (CFRP) composites markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
- Who are the leading players and what are their prospects over the forecast period?
- What are the carbon fibre reinforced plastic (CFRP) composite projects for these leading companies?
- How will the industry evolve during the period between 2024 and 2034? What are the implications of carbon fibre reinforced plastic (CFRP) composite projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the carbon fibre reinforced plastic (CFRP) composites market?
- Where is the carbon fibre reinforced plastic (CFRP) composites market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the carbon fibre reinforced plastic (CFRP) composites market today, and over the next 10 years:
- The 450-page report provides 159 tables and 261 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – NOW.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
Forecasts to 2034 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2034, the new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising carbon fibre reinforced plastic (CFRP) composite prices and recent developments.
Segments Covered in the Report
Polymer Type
- Thermosetting
- Thermoplastic
Thermosetting Polymers
- Epoxy
- Polyester
- Vinyl
- Phenolic
- Polyimide
- Others
Thermoplastic Polymers
- Acrylic
- Polyether ether ketone (PEEK)
- Polyamide / Nylon
- Polypropylene
- Others
Manufacturing Process
- Prepreg Layup
- Pultrusion
- RTM
- Filament Winding
- Compression Moulding
- Injection Moulding
- Others
End-use Industry
- Sporting Goods
- Automotive
- Wind Energy
- Aviation & Aerospace
- Construction
- Marine
- Pressure Vessel
- Others
North America
- U.S.
- Canada
Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of APAC
Latin America
- Brazil
- Mexico
- Rest of Latin America
MEA
- GCC
- South Africa
- Rest of MEA
Leading companies profiled in the report
- BASF SE
- DowAksa Advanced Composite Material Industries Limited Company
- Formosa Plastics Corporation
- Formosa Taffeta Co., Ltd.
- Hexcel Corporation
- Hyosung Advanced Materials
- Mitsubishi Chemical Group Corporation
- Nippon Carbon Co Ltd.
- SGL Carbon SE
- Solvay
- Teijin Limited
- Toray Industries, Inc.
- Voith GmbH & Co. KGaA
- ZOLTEK Corporation
How will the Carbon Fibre Reinforced Plastic (CFRP) Composites Market, 2024 to 2034 report help you?
In summary, the 450-page report provides you with the following knowledge:- Revenue forecasts to 2034 for Carbon Fibre Reinforced Plastic (CFRP) Composites Market, 2024 to 2034 Market, with forecasts for polymer type, thermosetting polymer, thermoplastic polymer, manufacturing process, and end use industry, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2034 for five regional and 17 key national markets – See forecasts for the Carbon Fibre Reinforced Plastic (CFRP) Composites Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market – including company profiles for 14 of the major companies involved in the Carbon Fibre Reinforced Plastic (CFRP) Composites Market, 2024 to 2034.
Information found nowhere else
With this new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how this work could benefit your research, analyses, and decisions. This study is for everybody needing commercial analyses for the Carbon Fibre Reinforced Plastic (CFRP) Composites Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.Table of Contents
1 Report Overview
3 Market Overview
4 Carbon Fibre Reinforced Plastic (CFRP) Composites Market Analysis by Polymer Type
5 Carbon Fibre Reinforced Plastic (CFRP) Composites Market Analysis by Thermosetting Polymers
6 Carbon Fibre Reinforced Plastic (CFRP) Composites Market Analysis by Thermoplastic Polymers
7 Carbon Fibre Reinforced Plastic (CFRP) Composites Market Analysis by Manufacturing Process
8 Carbon Fibre Reinforced Plastic (CFRP) Composites Market Analysis by End Use Industry
9 Carbon Fibre Reinforced Plastic (CFRP) Composites Market Analysis by Region
10 North America Carbon Fibre Reinforced Plastic (CFRP) Composites Market Analysis
11 Europe Carbon Fibre Reinforced Plastic (CFRP) Composites Market Analysis
12 Asia Pacific Carbon Fibre Reinforced Plastic (CFRP) Composites Market Analysis
13 Latin America Carbon Fibre Reinforced Plastic (CFRP) Composites Market Analysis
14 Middle East & Africa Carbon Fibre Reinforced Plastic (CFRP) Composites Market Analysis
15 Company Profiles
16 Conclusion and Recommendations
List of Tables
Companies Mentioned
- BASF SE
- DowAksa Advanced Composite Material Industries Limited Company
- Formosa Plastics Corporation
- Formosa Taffeta Co., Ltd.
- Hexcel Corporation
- Hyosung Advanced Materials
- Mitsubishi Chemical Group Corporation
- Nippon Carbon Co Ltd.
- SGL Carbon SE
- Solvay
- Teijin Limited
- Toray Industries, Inc.
- Voith GmbH & Co. KGaA
- ZOLTEK Corporation
- AIMPLAS
- Air India
- Airbus
- Archer Aviation Inc.
- Arevo
- BMW
- Boeing
- Braskem
- Carbitex Inc.
- Carbo-Link AG
- CATACK-H
- Covestro
- CPC SRL
- Dassault Aviation
- Euro Advanced Carbon Fibre Composites GmbH (EACC)
- Fairmat
- Fuji Design Co., Ltd.
- Gazechim Group
- General Motors
- GKN Aerospace
- Guangzhou Industrial Investment Holding Group Co Ltd (GIIHG)
- Industrial Control New Materials Investment (Maoming) Co., Ltd.
- JXTG Nippon Oil & Energy Corporation
- Kordsa
- Leonardo SpA
- Mahindra & Mahindra
- Maruti Suzuki
- McLaren Automotive
- METYX
- MG Motor
- Microtex Composites
- Mitsubishi Chemical Holdings Corporation
- OEM 9T Labs AG
- Oriental Energy Co., Ltd.
- Polar Manufacturing
- Saab
- Safran
- SK Chemicals
- Toray Advanced Materials Korea (TAK)
- V-Carbon
- Zoltek
- International Energy Agency
- Nanyang Technological University's (NTU)
- Federal Material Testing and Research Institute (EMPA)
- Composites UK
- UN Global Compact
- Civil Aviation Administration of China's (CAAC)
- CEEW Centre for Energy Finance
- Composites Association of New Zealand (CANZ)
- Latin American Composite Materials Association (ALMACO)
