Carbon Fiber Reinforced Plastic (CFRP) Market Research Report 2019



Carbon Fiber Reinforced Plastic (CFRP)s are high-strength and lightweight composite materials that contain a matrix, which is generally a polymer resin, and carbon fiber, a reinforcement material. Epoxy is the most commonly used polymer resin for manufacturing Carbon Fiber Reinforced Plastic (CFRP)s. However, other polymers such as polyester, vinyl ester, or nylon are also used as reinforcement matrices. The properties of these plastics depend on the structure of the carbon fiber and that of the binding matrix (resin) material. Silica, rubber, and nanotubes are also used for reinforcement. The reinforcing phase is either in continuous or discontinuous form.


Carbon Fiber Reinforced Plastic (CFRP) products offer higher weight saving and thus a better fuel economy than the traditional materials such as steel and aluminum. Vehicle manufacturers are obliged to reduce the average energy consumption of vehicles, and this goal can be met using lightweight products. In addition, increased demands for eco-friendly and low VOCs products in vehicles enhance the need for Carbon Fiber Reinforced Plastic (CFRP) products in automotive industry. Aerospace industry has strict performance product requirements for applications in commercial aircrafts, engines, satellites, helicopters, and launchers. Structural material in aircrafts such as panelling interiors are made using CFRP products. Though Carbon Fiber Reinforced Plastic (CFRP) products offer such high weight savings, the price of CFRP products is approximately 10 times higher than the price of steel counterparts, which makes it difficult for CFRP products to expand in domestic markets. Only ultra-expensive vehicle manufacturers like Lamborghini use CFRP products for their supercars, which leads to uncertainty in supply of carbon fiber in automotive sector.

In terms of geography, EMEA accounted for the majority of shares in the carbon fiber reinforced plastic (Carbon Fiber Reinforced Plastic (CFRP)) market during 2017. Our market analysts predict that this region will witness significant growth in the market till the end of the forecast period.

The global Carbon Fiber Reinforced Plastic (CFRP) market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025

This report focuses on Carbon Fiber Reinforced Plastic (CFRP) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Carbon Fiber Reinforced Plastic (CFRP) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

Top manufacturers Of Carbon Fiber Reinforced Plastic (CFRP):-

The following manufacturers are covered:

  • Hexcel
  • Mitsubishi Materials
  • SGL

Segment by Regions

  • North America
  • Europe
  • China
  • Japan

Segment by Type

  • PAN-Based
  • Pitch-Based
  • Rayon-Based

Segment by Application

  • Aerospace and Defense Industry
  • Wind Energy Industry
  • Automotive Industry
  • Sporting Goods Industry
  • Marine Industry
  • Others

Table of content

Executive Summary
1 Carbon Fiber Reinforced Plastic (CFRP) Market Overview
1.1 Product Overview and Scope of Carbon Fiber Reinforced Plastic (CFRP)
1.2 Carbon Fiber Reinforced Plastic (CFRP) Segment by Type
1.2.1 Global Carbon Fiber Reinforced Plastic (CFRP) Production Growth Rate Comparison by Type (2014-2025)
1.2.2 PAN-Based
1.2.3 Pitch-Based
1.2.4 Rayon-Based
1.3 Carbon Fiber Reinforced Plastic (CFRP) Segment by Application
1.3.1 Carbon Fiber Reinforced Plastic (CFRP) Consumption Comparison by Application (2014-2025)
1.3.2 Aerospace and Defense Industry
1.3.3 Wind Energy Industry
1.3.4 Automotive Industry
1.3.5 Sporting Goods Industry
1.3.6 Marine Industry
1.3.7 Others
1.4 Global Carbon Fiber Reinforced Plastic (CFRP) Market by Region
1.4.1 Global Carbon Fiber Reinforced Plastic (CFRP) Market Size Region
1.4.2 North America Status and Prospect (2014-2025)
1.4.3 Europe Status and Prospect (2014-2025)
1.4.4 China Status and Prospect (2014-2025)
1.4.5 Japan Status and Prospect (2014-2025)
1.5 Global Carbon Fiber Reinforced Plastic (CFRP) Market Size
1.5.1 Global Carbon Fiber Reinforced Plastic (CFRP) Revenue (2014-2025)
1.5.2 Global Carbon Fiber Reinforced Plastic (CFRP) Production (2014-2025)

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