This report mainly focuses on the automobile Carbon Fiber Reinforced Plastic.
CFRP (Carbon Fiber Reinforced Plastic) is the name given to a compound material combining carbon fiber and matrix resin. It is light and strong, and is therefore used in a range of applications, from the aerospace industry through to general industrial parts and sports equipment.
When applied in the automobile industry, due to its high cost, CFRP manufacturers usually develop their business through cooperate with OEM automakers.
Toray, Mitsubishi Rayon, Teijin, SGL and Hexcel are the top 5 players of Automotive Carbon Fiber Materials, with about 94% market shares.

Market Analysis and Insights: Global Automotive Carbon Fiber Materials Market
In 2020, the global Automotive Carbon Fiber Materials market size was US$ 1862.9 million and it is expected to reach US$ 2602.6 million by the end of 2027, with a CAGR of 4.8% between 2021 and 2027
Global Automotive Carbon Fiber Materials Scope and Market Size
The global Automotive Carbon Fiber Materials market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Carbon Fiber Materials market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
Thermosetting Type
Thermoplastics Type

Segment by Application
Roof Panel
Body Panel
Hood
Chassis
Other

By Company
Toray
Mitsubishi Rayon
Teijin
SGL
Hexcel

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE