Carbon Fiber Reinforced Plastic Market Size & Share, by Raw Material (Polyacrylonitrile, Petroleum Pitch); Type (Thermosetting, Thermoplastic); Application (Aerospace & Defense, Wind Turbine, Automotive, Sports Equipment, Building & Construction) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4402
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Companies Dominating the Carbon Fiber Reinforced Plastic Landscape

    • SGL Carbon SE
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Toray Industries, Inc.
    • Röchling SE & Co. KG
    • Nikkiso Co., Ltd.
    • Formosa Plastics Corporation, U.S.A.
    • Teijin Limited
    • Hexcel Corporation
    • PHC Holdings Corporation
    • Solvay SA
    • Nippon Graphite Fiber Co., Ltd.

Browse Key Market Insights with Data Illustration:


In The News

  • Solvay SA and SGL Carbon SE has entered into a partnership to develop composite materials based on large-tow intermediate modulus (IM) carbon fiber. These materials are expected to reduce costs and CO2 emissions, and improve the production process and fuel efficiency of next-generation commercial aircraft.

  • Teijin Limited and Mitsui Chemicals, Inc. has joined hands to develop and market biomass-derived bisphenol A (BPA) and polycarbonate (PC) resins, that will support efforts to achieve carbon neutrality by reducing greenhouse gas (GHG) emissions. Furthermore, Tenjin Limited is also planning to start the production and development of biomass PC resin utilizing the similar BPA.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4402
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Higher utilization of carbon fiber reinforced plastic in construction sector are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023 -2033.

High costs associated with carbon fiber reinforced plastics are estimated to be the growth hindering factors for the market expansion.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Toray Industries, Inc., Röchling SE & Co. KG, Nikkiso Co., Ltd., Formosa Plastics Corporation, U.S.A., Teijin Limited, Hexcel Corporation, PHC Holdings Corporation, Solvay SA, Nippon Graphite Fiber Co., Ltd., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by raw material, type, application, and by region.

The automotive segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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