Global Carbon Fiber and Carbon Fiber Reinforced Polymers (CFRP)

On Oct 4, 2021

DUBLIN, October 04, 2021–(BUSINESS WIRE)–The “The Global Market for Carbon Fiber and Carbon Fiber Reinforced Polymers (CFRP) 2021-2031” report has been added to ResearchAndMarkets.com’s offering.

Carbon fiber (CF) is used as a reinforcement material in composites. Carbon fiber reinforced polymers (CFRP) are mainly used in wind energy, automotive, aerospace (commercial and military aircraft, space launch vehicles), and pressure vessel industries for increased strength to weight and stiffness. Other markets are sports & leisure composites (skis and snowboards, bicycles and hockey sticks) and construction.

There are significant regulatory, economic and consumer motivations for manufacturers to adopt materials that reduce the weight of the product and maintain or increase its performance. For example, manufacturers are interested in producing aircraft and automobiles that are more fuel efficient, increasing the size of wind energy blades, and producing strong lightweight storage vessels for alternative transportation fuels.

To this end, carbon fiber (CF) and carbon fiber reinforced polymers (CFRP) that provide lightweighting and strength enhancement potential, are primary candidate materials for meeting these goals.

CF has the characteristics of common carbon materials such as:

It also has advantageous differences such as:

Shape has significant anisotropy
Softness
Can be processed into various fabrics
Has a small specific gravity and therefore has a high specific strength

Report contents include:

Figures for current carbon fiber and CFRP demand, production capacities and projected future demand to 2031, by metric tonnes, end user markets and regions.
Market and technical developments 2020-2021.
Assessment of developments in plant-based carbon fibers, low cost production, alternative precursors and processes, and 3D printing.
Markets covered include Aerospace, Sports & Leisure, Wind Energy, Automotive, Pressure Vessels, Construction & Infrastructure and Oil and Gas.
95 companies profiled including CF manufacturers, CFRP manufacturers and CF recyclers. Companies profiled include DowAksa, Formosa Plastics Corporation, Hexcel Corporation, Hyosung Advanced Materials, Jiangsu Hengshen Co., Ltd., Kureha Corporation, Mitsubishi Chemical Corporation, SGL Carbon SE, Solvay SA, Teijin Limited, Toray Industries, Inc., UMATEX, bCircular, Carbon Conversions, Gen 2 Carbon, Mallinda, Carbitex, LeMond Carbon, Continuous Composites, Boston Materials and 9T Labs.

Key Topics Covered:

1 EXECUTIVE SUMMARY

1.1 Key players

1.2 Impact of COVID-19 crisis

1.3 Market drivers and trends

1.4 Market challenges

1.5 Future trends

2 INTRODUCTION

2.1 Carbon fibers

2.1.1 Properties of carbon fibers

2.1.1.1 Types by modulus

2.1.1.2 Types by the secondary processing

2.1.2 Precursor material types

2.1.2.1 PAN: Polyacrylonitrile

2.1.2.2 Pitch-based carbon fibers

2.1.2.3 Viscose (Rayon)-based carbon fibers

2.2 Carbon fiber reinforced polymer (CFRP)

2.2.1 Applications

2.3 Bio-based and alternative…