123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Lucintel Forecasts The Global Carbon Fiber Reinforced Plastic Market To Reach $49 Billion By 2030

Profile Picture
By Author: Lucintel LLC
Total Articles: 5305
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

According to the recent study the global carbon fiber reinforced plastic market is projected to reach an estimated $49 billion by 2030 from $30 billion in 2023 at a CAGR of 7% from 2023 to 2030. Growth in this market is primarily driven by growing demand for high performance and lightweight composite materials and increasing performance requirements in the various end use industries.
Browse 121 figures/charts and 95 tables in this 223-page report to understand trends, opportunities and forecast in global carbon fiber reinforced plastic market by end use (aerospace, automotive, wind energy, marine, sporting goods, construction, pressure vessel and others), process type, resin type, and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that aerospace will remain the largest end use segment over the forecast period due to superior strength-to-weight ratio and increasing demand for composites in the production of aircraft components, such as floor beams, ailerons, vertical stabilizers, elevators, wings, and engine nacelles.
Epoxy based carbon fiber reinforced plastic will ...
... remain the largest segment over the forecast period due to its better chemical and mechanical properties.
Download sample by clicking on carbon fiber reinforced plastic market.
North America is expected to remain the largest region and witness the highest growth over the forecast period due to the growth in aerospace market and increasing use of composite material in aerospace market because of its excellent mechanical properties.
GKN Fokker, Voith Composites, Plasan Carbon Composites, SGL Group, Mitsubishi Material Trading Corporation, DowAksa Advanced Composites Holding, Toray Industries Inc., Mitsubishi Rayon Corporation Limited, Teijin Limited, and Hexcel Corporation are among the major carbon fiber reinforced plastic market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
Explore Our Latest Publications
Fructooligosaccharide Market
Heart Pump Device Market
Nootropic Brain Supplement Market
Aseptic Carton Packaging Market
Confectionery Flexible Packaging Market
Flipbook Software Market
Freezer Bag Market
Fluoropolymer Processing Aid Market
High Oleic Soyabean Market
Plastic Extrusion Molded Part Market

Total Views: 86Word Count: 391See All articles From Author

Add Comment

Business Articles

1. Connect Your Clients In A Better Way With Digital Business Cards
Author: Angus Carruthers

2. Design Interiors Elevates Kitchen Living In Brighton With Bespoke, Functional Designs
Author: Kitchen Brighton

3. Make Your Small Business Run Smoothly With Telephone Answering Services
Author: Eliza Garran

4. Finding The Best Business Broadband Providers With These Tips
Author: Julian Serle

5. 3 Major Benefits Of Partnering With A Hosted Voip Service Provider
Author: Julian Serle

6. Understanding E-commerce Content Compliance: A Seller’s Guide
Author: Actowiz Metrics

7. Lucintel Forecasts The Cloud Orchestration Market In Germany To Reach $59 Billion By 2031
Author: Lucintel LLC

8. Lucintel Forecasts The Circuit Breaker Tester Market In United States To Reach $2 Billion By 2031
Author: Lucintel LLC

9. Leed, Estidama & Beyond: What A Green Building Consultant In Dubai Can Do For You
Author: GREEN BUILDING

10. Lucintel Forecasts The Circuit Breaker Tester Market In Japan To Reach $2 Billion By 2031
Author: Lucintel LLC

11. Mwhat To Look For In An Expense Management Software
Author: TrackHr App

12. Industrial Cleaning Contractors Limited Delivers Expert Industrial Painting And Dilapidations Services Across The Uk
Author: Expert Support

13. Lucintel Forecasts The Circuit Breaker Tester Market In Germany To Reach $2 Billion By 2031
Author: Lucintel LLC

14. How Proposal Writing Company Can Be Contributing In The Growth Of Your Business
Author: Mark Twain

15. Professional Proposal Writing Services And Succeed In Business, Here Is How!
Author: Mark Twain

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: