The global carbon fiber reinforced plastic market is expected to reach
USD 20.92 billion by 2020. Growing demand for high performance, light weight
materials in automotive and aerospace industries is expected to remain a key
driving factor for the global carbon fiber reinforced plastics (CFRP) market.
Stringent regulations pertaining to vehicular emissions and high fuel prices
have prompted CFRP adoption in automotive industry particularly in the U.S. and
Europe. CRFP is a light weight material and provides significant weight reduction
in windmill applications; thereby it's improving energy efficiency. The market
is poised for growth owing to several benefits offered by CFRP, including
rigidity and high strength. High-cost of CFRP is expected to remain a key
challenge for market participants over the forecast period.
Further key
findings from the study suggest:
Thermoset was the leading product segment and accounted for 77.1% of
total market volume in 2013. Thermoplastic CFRP is expected to witness the
highest growth of 15.4% over the forecast period on account of high viscosity
and short-process time offered by it.
Aerospace emerged as the leading application segment and accounted for
23.5% of total market volume in 2013. The rise in demand can be attributed to
its increasing adoption across the commercial aviation sector in Europe.
Automotive is expected to be the fastest growing application segment at a CAGR
of 19.5% from 2014 to 2020. Focus towards improving fuel efficiency by reducing
overall weight of automobiles particularly in the U.S. and Europe is expected
to drive CFRP demand in automotive industry.
Table Of Content
Chapter 1.
Executive Summary
1.1.
Carbon Fiber Reinforced Plastic (CFRP)- Industry Summary and Critical
Success Factors (CSFs)
Chapter 2.
Global Carbon Fiber Reinforced Plastic (CFRP) Industry Outlook
2.1. CFRP Market
Segmentation
2.2. CFRP Market Size and Growth Prospects
2.3. CFRP Value
Chain Analysis
2.4. CFR Raw
Material Trend
2.5. CFRP Market
Dynamics
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Chapter 3.
Global Carbon Fiber Reinforced Plastic (CFRP) Raw Material Outlook
3.1. Global CFRP
Market Share By Raw Material, 2013 & 2020
3.2. Polyacrylonitrile
(PAN)-Based
3.3. Pitch-Based
Chapter 4.
Global Carbon Fiber Reinforced Plastic (CFRP) Product Outlook
4.1. Global CFRP
Market Share By Product, 2013 & 2020
4.2. Thermoplastic
CFRP
4.3. Thermosetting
CFRP
Chapter 5.
Global Carbon Fiber Reinforced Plastic (CFRP) Application Outlook
5.1. Global CFRP
Market Share By Application, 2013 & 2020
5.2. Automotive
5.3. Aerospace
& Defense
5.4. Wind Turbines
5.5. Sport/Leisure
Chapter 6.
Global Carbon Fiber Reinforced Plastic (CFRP) Regional Outlook
6.1. Global CFRP
Market Share By Region, 2013 & 2020
6.2. North America
6.3. Europe
6.4. Asia Pacific
6.5. Middle East
& Africa
6.6. Central &
South America
Chapter 7.
Competitive Landscape
7.1 AKSACA
7.2 Cytec Industries
7.3 Toray
Industries
7.4 SGL-Group
7.5 Hexcel
Corporation
Chapter 8.
Methodology and Scope
8.1. Research
Methodology
8.2. Research Scope
& Assumptions
8.3. List of Data
Sources
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