Carbon Fiber Reinforced Plastic Market: Globally Expected to Drive Growth Through 2025
- Submitted by: shekharm1
- Views: 85
- Category: Science
- Date Submitted: 02/02/2016 04:50 AM
- Pages: 3
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Carbon Fiber Reinforced Plastic (CFRP) are the strong and light composite material containing carbon fiber. To manufacture carbon fiber reinforced plastic (CFRP) we first wove carbon fiber to textile material then resin is applied to the material and left to cure. When compared with glass fiber reinforced plastic, carbon fiber reinforced plastic is expensive and have better strength and rigidity, due to which the CFRP application have extended to aerospace industry and sport equipment. Carbon Fiber Reinforced Plastic application has been discovered in most of the manufacturing industries such as aero plane in aerospace industry, motor racing car in automobile industry, robot arms in industrial applications and bicycle frame in sport equipment.
Global Carbon Fiber Reinforced Plastic Market: Drivers & Restraints
Some of the underlying drivers for the global carbon fiber reinforced plastic market are identified as development of wind power market, deeper oil and gas exploration, urbanization trend, rapid industrialization, and developing infrastructure prospects in Asian region. The growth of carbon fiber reinforced plastic market is expected to be in-line with development of automotive and aerospace industry. High growth potential for carbon fiber reinforced market is expected to come from Asia-Pacific and GCC region aided by the growing infrastructure in the region.
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Global Carbon Fiber Reinforced Plastic Market: Segmentation
• On the basis of raw material, the global carbon fiber reinforced plastic market is segmented as,
• PAN Based
• Pitch Based
On the basis of types, the global carbon fiber reinforced plastic market is segmented into:
• Thermoplastic
• Thermosetting
On the basis of end use industry, the global carbon fiber reinforced plastic market is segmented into:
• Automotive
• Wind Turbines
• Sports
• Construction
• Molding & Compound
•...
Global Carbon Fiber Reinforced Plastic Market: Drivers & Restraints
Some of the underlying drivers for the global carbon fiber reinforced plastic market are identified as development of wind power market, deeper oil and gas exploration, urbanization trend, rapid industrialization, and developing infrastructure prospects in Asian region. The growth of carbon fiber reinforced plastic market is expected to be in-line with development of automotive and aerospace industry. High growth potential for carbon fiber reinforced market is expected to come from Asia-Pacific and GCC region aided by the growing infrastructure in the region.
Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1148
Global Carbon Fiber Reinforced Plastic Market: Segmentation
• On the basis of raw material, the global carbon fiber reinforced plastic market is segmented as,
• PAN Based
• Pitch Based
On the basis of types, the global carbon fiber reinforced plastic market is segmented into:
• Thermoplastic
• Thermosetting
On the basis of end use industry, the global carbon fiber reinforced plastic market is segmented into:
• Automotive
• Wind Turbines
• Sports
• Construction
• Molding & Compound
•...