The global Carbon Fibre Composites Market size was USD 99.74 billion in 2020 and is expected to register a revenue CAGR of 6.2% over the forecast period. Some major factors driving market revenue growth are increasing demand for lightweight and strong materials in the aerospace, sports, construction and automotive industry and government initiatives on environment related issues.
Composites refers to combination of components which when combined, are stronger than those component by themselves. It is also known as Fiber-Reinforced Polymer (FRP) composites. Composites can be natural or synthetic. Plywood is a man-made composite that combinessyntheticand natural materials. Thin layers of wood veneer are merged with adhesive to manufacture flat sheets of laminated wood which is stronger than natural wood.
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Top Players in the Global Carbon Fibre Composites Market:
Owens Corning, Toray Industries, Inc., Teijin Limited, Mitsubishi Chemical Holdings Corporation, SGL Group, Nippon Electric Glass Co. Ltd., Koninklijke Ten Cate BV, Huntsman International LLC., Solvay, Hexcel Corporation, Hexion, E. I. Du Pont Nemours Co., Weyerhaeuser Company, Chongqing Polycomp International Corporation, and Jushi Group Co., Ltd.
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Market segmentation based on Resin Type Outlook:
- Thermosetting Composites
- Thermoplastic Composites
- Others
Product Type Outlook:
- Polymer Matrix Composites
- Glass Fiber Reinforced Polymers
- Carbon Fiber Reinforced Polymer Composites
- Kevlar (aramid) fiber reinforced polymers
- Metal Matrix Composites
- Ceramic Matrix Composites
Manufacturing Process Outlook:
- Wet Lay-Up
- Spray-Up
- Compression Moulding
- Injection Moulding
- Resin Transfer Moulding
- Vacuum Infusion
- Filament Winding
- Pultrusion
- Prepreg
End-Use Industry Outlook:
- Automotive Transportation
- Aerospace Defense
- Electrical Electronics
- Wind Energy
- Construction Infrastructure
- Pipes Tanks
- Marine
- Others
Regional Outlook:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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Frequently Asked Questions Answered in the Report:
- What is the estimated revenue growth rate of the global Carbon Fibre Composites Market over the forecast period?
- What are the major factors driving the global market revenue growth?
- Which are the leading manufacturers and suppliers in the global Carbon Fibre Composites Market?
- Which regional market is expected to lead in terms of revenue share in the global Carbon Fibre Composites Market over the forecast years?
- What are the key outcomes of SWOT analysis and Porters Five Forces analysis of the market?
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