Carbon Fiber and CFRP Consumption is Projected to Reach 112.7 Kilotons and 176.6 Kilotons Respectively by 2019 - Report by MarketsandMarkets

Audi ©

Carbon Fiber and CFRP Market is growing at a CAGR of 13.9% till 2019. The report also includes profiled leading players of this industry with their recent developments and other strategic industry activities

November 04, 2014

The research report, “Carbon Fiber Market & Carbon Fiber Reinforced Plastic (CFRP) by Type, Fiber size, & Region; CFRP Market by Type, by Manufacturing processes/semi- finished product, Resin, Application and Region) - Global forecast to 2019”, defines and segments the global carbon fiber and CFRP market with analysis and forecasting of the global consumption volume and value.
Browse 69 market data tables with 52 figures spread through 163 pages and in-depth TOC on "Carbon Fiber Market & Carbon Fiber Reinforced Plastic (CFRP) Market ".

Early buyers will receive 10% customization on reports.

The carbon fiber and CFRP market is quite fragmented due to the presence of a large number of players. Asia-Pacific is witnessed as the biggest market of carbon fiber, while Europe is the fastest growing carbon fiber market, due to the increasing demand of CFRP from the application industry. The demand for carbon fiber in the region is anticipated to grow at a CAGR of about 14.0% from the tenure 2014 to 2019.

Top three players accounted for about 75% of global carbon fiber market in 2013. Toray (Japan) was the leading market participant with 40% of production capacity globally by the end of 2013. The company is among the major producers of carbon fiber and CFRP composites in the world and continues to increase its market share through partnerships and collaborations with leading application industries to meet their modern needs.

As a part of its business strategy, the company is dedicated towards creating value for itself and its customers by utilizing the full breadth of its technology and global business expertise. It accelerates the efforts towards enhancing its capabilities to deliver innovative solutions for addressing the global needs of cost and efficiency.

Request for Customization: http://www.marketsandmarkets.com/requestCustomization.asp?id=416

Toray has strong presence across the Asian region and is expanding its carbon fiber and CFRP business in North America and European regions to preserve its dominance in the market. It has well covered the Asian region and is now focusing on the North American region for Aerospace and Defense, and European region, mainly in automotive sector. In order to strive the competition the company is expanding its geographic reach through acquisition of local companies and establishing new plants in various geographical regions. Presently The company’s prime focus is on automotive, aerospace, wind energy, marine and other industrial applications for expansion of its carbon fiber and carbon fiber reinforced plastic (CFRP) business.

Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=416

The carbon fiber and CFRP market is high innovation centric and market players are pushing their capabilities to adopt the latest technological trends, and develop next generation technologies to reduce the cost of production of these fibres.

In order to meet the growing demand from CFRP application industries from European region, the leading manufacturer from Asia-pacific region are rapidly continuing to increase their production capacities in Asia, mainly in China.

Browse Related Reports:

Lightweight Materials Market by Type (Composites, Metals, Plastics), Application (Automotive, Aviation, Marine, Wind Energy) - Global Trends & Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/lightweight-market-144806797.html

GFRP Composites Market by Raw Material, Manufacturing Process, Application (Transportation, Construction, Electrical & Electronics, & Others) & by Geography – Global Trends & Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/glass-fiber-reinforced-plastic-composites-market-142751329.html

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan /North - Dominion Plaza, 17304 Preston Road, Suite 800, Dallas, TX 75252 /Tel: +1-888-600-6441 Email: sales(at)marketsandmarkets(dot)com

Visit MarketsandMarkets Blog at http://www.marketsandmarketsblog.com/market-reports/chemical

Source MarketsandMarkets through prweb by press reelase ©