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Carbon Fiber Market Worth $3,602.35 and CFRP Market Worth $33,615.54 Million by 2019 - New Report by MarketsandMarkets
  • USA - English


News provided by

MarketsandMarkets

Oct 15, 2014, 10:15 ET

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MarketsandMarkets
MarketsandMarkets

(PRWEB) October 15, 2014 -- The new research report, “Carbon Fiber Market & Carbon Fiber Reinforced Plastic (CFRP) by Type, Fiber size, & Region; CFRP Market by Type, by Manufacturing processes/semi- finished product, Resin, Application and Region) - Global forecast to 2019”, defines and segments the global carbon fiber and CFRP market with analysis and forecasting of the global consumption volume and value.

Key Players in the Market: Toray Industries(Japan), Mitsubishi Rayon (Japan), Cytec Industries (U.S.), Teijin Ltd (Japan), Hexcel Corporation (U.S.), Formosa Plastic Corporation (Taiwan), Gurit Holdings (Switzerland), Plasan Carbon Composites (U.S.).

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Browse 69 market data tables with 52 figures spread through 163 pages and in-depth TOC on "Carbon Fiber Market & Carbon Fiber Reinforced Plastic (CFRP) by Type, Fiber size, & Region; CFRP Market by Type, by Manufacturing processes/semi- finished product, Resin, Application and Region) - Global forecast to 2019".
http://www.marketsandmarkets.com/Market-Reports/carbon-fiber-composites-market-416.html
Early buyers will receive 10% customization on reports.

Asia-Pacific – biggest market of Carbon Fiber

Asia-Pacific is the most promising carbon fiber market and is expected to remain the same in the near future. Asia-Pacific manufactured almost 40% of the total global demand in 2013. The demand for carbon fiber in the region is anticipated to grow at a CAGR of about 14.0% from the tenure 2014 to 2019. It is estimated that Japan, and China were the biggest manufacturers of carbon fiber in this region, followed by Taiwan and South Korea in 2013. In order to meet the growing demand from CFRP application industries from European region, the leading manufacturer from Asia-pacific region are rapidly continuing to increase their production capacities in Asia, mainly in China.

Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=416

North America- biggest market of Carbon Fiber Reinforced Plastic (CFRP)

North America holds the top share of 36.83% in global carbon fiber reinforced plastic market due to increased demand from the aerospace and defense industries. Europe is the fastest growing CFRP market due to the increasing use of CFRP in automotive and wind energy.

For more Inquiries: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=416

Europe- Fastest growing CFRP market

CFRP market in Europe is projected to grow at a CAGR of 13.4%, from 2014 to 2019. Growing oil prices will initiative the need for fuel efficient vehicles and aircrafts. Though the development of electric and hybrid vehicles will raise the usage of CFRP composites in the automotive industry, the development of the wind power market, offshore drilling and deeper oil and gas exploration will increase the penetration of CFRP in the energy industry.

Browse Related Reports:

GFRP Composites Market by Raw Material, Manufacturing Process, Application (Transportation, Construction, Electrical & Electronics, & Others) & by Geography – Global Trends & Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/glass-fiber-reinforced-plastic-composites-market-142751329.html

Lightweight Materials Market by Type (Composites, Metals, Plastics), Application (Automotive, Aviation, Marine, Wind Energy) - Global Trends & Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/lightweight-market-144806797.html

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog at http://www.marketsandmarketsblog.com/market-reports/chemical

Mr. Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]

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