global carbon fiber reinforced plastic (cfrp) market 2015-2019
TRANSCRIPT
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.
• Technavio's report, 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.
Global Carbon Fiber Reinforced Plastic
(CFRP) Market 2015-2019
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Market Overview
• 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.
• Technavio's analysts forecast the global CFRP market to grow at a CAGR of 13.07% over the period 2014-2019.
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Reinforced Plastic (CFRP) Market 2015-2019,
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Key Vendors and Regions
• Formosa Plastics
• Hexcel
• Mitsubishi Rayon Carbon Fiber and Composite
• SGL Group
• Toho Tenax America
• Toray Industries
• Zoltek
View Our Report: Global Carbon Fiber
Reinforced Plastic (CFRP) Market 2015-2019
• APAC
• EMEA
• Americas
Vendors Regions
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Key Findings• The fluctuating price of fuel drives the market for electric and hybrid vehicles, in
which CFRP materials are used as they are lightweight and balance the heavy engines and motors used in the body.
• The use of CFRP in the manufacture of high-performance vehicle components such as chassis, hoods, wheels, and roofs also drives market growth.
• Fluctuation in petrol prices and public incentives drive market growth.
• The production of commercial wind turbines is growing many times over. CFRP is used in the manufacture of wind turbine blades as it is lightweight, stiff, and corrosion resistant.
• These turbines are large and powerful and require minimal maintenance; hence, the use of CFRP is beneficial. These turbines are mainly made from polyester or epoxy composite reinforced carbon fibers.
• CFRP materials are resistant to solvents, corrosives, and high temperature and have good fatigue strength, tailored elasticity, and excellent finishing.
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Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Global Carbon Fiber Reinforced Plastic (CFRP) Market 2015-2019
95 Pages | SKU: IRTNTR6465
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