Carbon Fiber Market worth $3.5 & CFRP Market worth 34.2 Billion in 2020

The global market for carbon fiber and carbon fiber reinforced plastic has been growing for the past five-years, driven by various application industries, such as, aerospace & defense, sporting goods, wind turbines, marine, automotive, civil engineering and pressure vessels. The European region dominates the carbon fiber and carbon fiber reinforced plastic market followed by Asia-Pacific and North America.

A&P technology Inc., Akrilik Kimya Sanayii A.S, Albany International Corp., Cytec Industries Inc., ELG carbon fiber Ltd, Formosa Plastics, Gurit Holdings, The Gill Corp., Goodrich Corp., Hexcel Corp., Hyosung Corp, Kringlan composites AG, Kureha Corp., Kaman Corp., Kemrock industries and exports Ltd., Magna international, Inc., Mitsubishi Rayon Co., Ltd., Nippon Graphite Fiber Corp., Plasan Carbon Composites, Inc., Saudi Basic Industries Corp. (Sabic), SGL Carbon SE., TenCate Corp., Toray Industries, Inc. are some of the major manufacturers of carbon fiber and carbon fiber reinforced plastics  across regions.

This market research report explains current market for carbon fiber and carbon fiber reinforced plastics in terms of value and volume. The report also highlights the major drivers and challenges, market share for major companies, including their profiles related to carbon fiber and carbon fiber reinforced plastic market.

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