Global Carbon Fiber Reinforced Plastic (CFRP) Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

Carbon fiber reinforced plastic, or carbon fiber reinforced polymer (CFRP) are high-strength and lightweight composite materials that contain a matrix, which is generally a polymer resin, and carbon fiber, a reinforcement material.
The top three companies accounting for 39.32% of the market share in 2019.

Market Analysis and Insights: Global Carbon Fiber Reinforced Plastic (CFRP) Market
In 2020, the global Carbon Fiber Reinforced Plastic (CFRP) market size was US$ 15790 million and it is expected to reach US$ 32810 million by the end of 2027, with a CAGR of 11.0% during 2021-2027.
Global Carbon Fiber Reinforced Plastic (CFRP) Scope and Market Size
Carbon Fiber Reinforced Plastic (CFRP) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Carbon Fiber Reinforced Plastic (CFRP) 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, by country, company, type, application and by sales channels for the period 2016-2027.


Segment by Type, the Carbon Fiber Reinforced Plastic (CFRP) market is segmented into
Thermosetting CFRP
Thermoplastic CFRP
By type，themosetting CFRP is the most commonly used type, with about 67.14% market share in 2019.


Segment by Application, the Carbon Fiber Reinforced Plastic (CFRP) market is segmented into
Aerospace & Defense
Sports Goods
Automotive
Pressure Vessels
Construction & Civil Engineering
Marine
Electronic & Electric Parts
Others
Demand from the aerospace & defense industry accounts for the largest market share, being 31.12% in 2019.

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Carbon Fiber Reinforced Plastic (CFRP) Market Share Analysis
Carbon Fiber Reinforced Plastic (CFRP) market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Carbon Fiber Reinforced Plastic (CFRP) product introduction, recent developments, Carbon Fiber Reinforced Plastic (CFRP) sales by region, type, application and by sales channel.

The major companies include:
Toray
Mitsubishi Materials
Teijin
SGL Group
Solvay
Hexcel
DowAksa
SABIC
Ensinger
Weihai Guangwei Composites