Carbon Fiber Reinforced Plastic Market (Updated Version Available)

Carbon Fiber Reinforced Plastic Market Size, Share & Trends Analysis, By Raw Materials (Polyacrylonitrile, Petroleum Pitch, Others), By Type (Thermosetting, Thermoplastic, Others), By Application (Aerospace & Defense, Wind Turbine, Automotive, Sports Equipment, Building & Construction, Others), By Region and Segments, Growth, Forecast Period 2022 - 2030 Size, Share & Trends Analysis,

Report ID : RI_673685 | Date : January 2023 | Format : ms word ms Excel PPT PDF

This Report Includes The Most Up-To-Date Market Figures, Statistics & Data
Carbon Fiber Reinforced Market Overview

Carbon Fiber Reinforced market size was worth USD 8.2 Billion in 2022, witnessing a CAGR of 8.5% during the forecast period (2022-2030), and the market is expected to hit a valuation of around USD 15.7 Billion by 2030.

Carbon Fiber Reinforced Polymer (CFRP or CRP), is a composite material made of carbon fibers and a polymer resin. It is known for its high strength-to-weight ratio, durability, and resistance to corrosion. CFRP is commonly used in aerospace, automotive, and sporting goods industries, among others.

Report AttributesReport Details
Study Timeline2018-2030
Market Size in 2030 (USD Billion)15.7 Billion
CAGR (2022-2030)8.5 %
By Raw MaterialsPolyacrylonitrile, Petroleum Pitch, Others
By TypeThermosetting, Thermoplastic, Others
By ApplicationAerospace & Defense, Wind Turbine, Automotive, Sports Equipment, Building & Construction, Others
By GeographyAsia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia] Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America [United States, Canada, Mexico] Middle East & Africa [GCC, North Africa, South Africa] South America [Brazil, Argentina, Columbia, Chile, Peru]
Key PlayersPHC Holdings Corporation, Nikkiso Co., Ltd., Solvay Group, Nippon Graphite Fiber Co., Ltd., Toray Industries, Inc., Röchling SE & Co. KG, Nikkiso Co., Ltd., Formosa Plastics Corporation, U.S.A., Teijin Limited, Hexcel Corporation/td>


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We have conducted a 360-degree analysis of the Carbon Fiber Reinforced market. Approaches for both primary and secondary research. As a result, we were better able to comprehend current market dynamics, the supply-demand imbalance, pricing trends, product preferences, customer behaviours, and other factors. Primary research was used to further validate the findings with industry professionals and opinion leaders from other nations. Through a variety of market estimation and data validation procedures, the data is further collated and validated. Additionally, we have a model for internally generated data that forecasts market growth until 2030.

Carbon Fiber Reinforced Market Segmentation Analysis:-



By Raw Materials:

• Polyacrylonitrile
• Petroleum Pitch
• Others

By Type:

• Thermosetting
• Thermoplastic
• Others

By Application:

• Aerospace & Defense
• Wind Turbine
• Automotive
• Sports Equipment
• Building & Construction
• Others

Global Carbon Fiber Reinforced Market Competitive Landscape:

The market research report on the Carbon Fiber Reinforced market comprises the compilation of quantitative and qualitative evaluations of the industry position. Additionally, the in-detailed analysis of the market trends adopted by the industry players and the macroeconomic indicators influencing the value chain of businesses provide a complete outlook of market circumstances. Thus, mentioned are the major industry players that make up the consolidated market concentration–

• PHC Holdings Corporation
• Nikkiso Co., Ltd.
• Solvay Group, Nippon Graphite Fiber Co.
• Ltd., Toray Industries, Inc.
• Röchling SE & Co. KG
• Nikkiso Co., Ltd.
• Formosa Plastics Corporation
• Teijin Limited
• Hexcel Corporation

With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and an all-encompassing picture of the market conditions in the projected period, the Carbon Fiber Reinforced Market Research Report keeps a close eye on the leading competitors. It is an expertly written, in-depth study that emphasises key and secondary drivers, market share, top categories, and regional analysis. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practises.

Overview of the market for Carbon Fiber Reinforced by region:



The market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa based on region (MEA). The North American continent is further divided into nations like the United States and Canada. Europe is further divided into the United Kingdom, France, Germany, Italy, Spain, Russia, and the Rest of Europe. China, Japan, South Korea, India, Australia, South East Asia, and the rest of Asia Pacific make up the subregion of Asia Pacific. The MEA region is further separated into GCC, Turkey, South Africa, and Rest of MEA. The Latin America region is further divided into Brazil, Mexico, and Rest of Latin America.
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