CF & CFRP Market size was valued at USD 32.8 Billion in 2022 and the total CF & CFRP revenue is expected to grow at a CAGR of 12.5% from 2023 to 2029, reaching nearly USD 74.81 Billion.

CF & CFRP Market Overview:

This study aims to give a comprehensive analysis of the CF & CFRP market by geography, industry, component, and application. The main factors driving the growth of the CF & CFRP market are covered in great detail in the study. The study also provides a thorough analysis of the value chain in the market.

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CF & CFRP Market Scope:

First, secondary research is conducted using sources that gather revenue data from important suppliers in order to evaluate and forecast the CF & CFRP market. Vendor offerings also factor into market segmentation calculations. The revenue of notable businesses was used to determine the overall size of the CF & CFRP market using the bottom-up methodology.

CF & CFRP Market Segmentation:

by Precursor Type

PAN
Pitch
Rayon

by Source

Virgin CF
Recycled CF

by Resin Type

Thermosetting CFRP
Thermoplastic CFRP

by Manufacturing Process

Lay-up
Compression Molding
Resin Transfer Molding
Filament Winding
Pultrusion
Injection Molding
Others

by End-Use Industry

Aerospace & Defense
Wind Energy
Automotive & Transportation
Sporting Goods
Civil engineering
Pipes & Tanks
Marine
Medical
Electrical & Electronics
Others

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CF & CFRP Market Key Players:

The major players covered in the CF & CFRP market report are

1. Toray Industries Inc., (Japan)
2. Teijin Limited (Japan)
3. Mitsubishi Chemical Corporation (Japan)
4. Hexcel Corporation (US)
5. Solvay (Belgium)
6. SGL Carbon (Germany)
7. Hyosung Advanced Materials (South Korea)
8. Zhongfu Shenying Carbon Co., Ltd. (China)
9. Kureha Corporation (Japan)
10. DowAksa (Turkey)
11. Jilin Chemical Fiber Group Co., Ltd. (China)
12. Jiangsu Hengshen Co., Ltd. (China)
13. Aeron Composite Pvt. Ltd. (India)
14. BGF Industries (United States)
15. Crosby Composite (United States)
16. Cytec Solvay Group (Belgium)
17. Formosa Plastics Corporation (Taiwan)
18. Gurit Holdings (Switzerland)
19. AG, HC Composite (China)
20. Hindustan Composite (India)
21. Kemrock Industries and Exports Ltd. (India)
22. Nippon Graphite Fiber Corporation (Japan)
23. Park Electrochemical Corporation (United States)
24. Plasan Carbon Composites (United States)
25. Royal DSM (Netherlands)
26. SK Chemicals (South Korea)

CF & CFRP Market Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

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COVID-19 Impact Analysis on CF & CFRP Market:

Among the industries impacted by the COVID-19 pandemic are aerospace and defense, agriculture, cars, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance. As the effects of COVID-19 spread, they have had an effect on the growth rate and the CF & CFRP market as a whole. Our most recent investigation, insights, and tidbits of administrative knowledge are vital to the companies and organizations in the CF & CFRP sector, which is navigating the COVID-19 emergency to manage risk-digitizing tasks in order to provide CEOs with reliable information and experiences.

Key Questions Answered in the CF & CFRP Market Report are:

  • Which segment grabbed the largest share in the CF & CFRP market?
  • How was the competitive scenario of the CF & CFRP market ?
  • Which are the key factors responsible for the CF & CFRP market growth?
  • Which region held the maximum share in the CF & CFRP market ?

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