Market Overview:
The global carbon fiber-resin composite market is estimated to be valued at US$ XX million in 2018 and is projected to reach US$ XX million by 2030, registering a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for lightweight and high-performance materials across various applications. Based on type, the global carbon fiber-resin composite market has been segmented into thermoplastic type and thermosetting type. The thermoplastic type segment is expected to account for a larger share of the market in 2018 owing to its superior properties such as light weight, high strength, and durability over thermosetting types. Based on application, the global carbon fiber-resin composite market has been segmented into aerospace & defense, wind energy, automotive, electrical & electronics, marine applications,, and others including construction & infrastructure,. Aerospace & defense sector is expected to account for a major share of the overall carbon fiber resin composite market in 2018 due to increasing demand from commercial aircrafts manufacturers across globe . Wind energy sector is projected grow at highest CAGR during forecast period owing rising concerns towards environment degradation .
Product Definition:
A carbon fiber-resin composite is a type of material made from a combination of carbon fibers and resin. Carbon fiber-resin composites are often used in high-performance applications, such as aerospace engineering and automotive racing, because they are strong and lightweight.
Thermosetting Type:
Thermosetting type is a composite material that contains thermosetting resin and thermoplastic matrix. Thermoplastic matrix can be made of Polyvinyl Chloride (PVC), Polypropylene (PP), Ethylene-Vinyl Acetate (EVA) or any other high temperature plastics. The most common types of thermosets are polyester, epoxy, and vinyl ester.
Thermoplastic Type:
Thermoplastic type is a new term in the carbon fiber-resin composite market. Thermoplastic composites are made from fibers that are reinforced with plastic resin. The most common types of thermoplastics used for manufacturing composites include polyester, nylon, and styrene-butadiene rubber (SBR).
The different types of thermoplastics used to make carbon fiber-resin composite depend on the applications they are being employed in.
Application Insights:
Aerospace & defense was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The product has several applications in aerospace and defense industry including primary composites, secondary wing structures, fuselage panels, empennage (tail surfaces), stringers/structural cross-members for aircraft carriers, airframes for military helicopters and trainers, airframe reinforcements for fixed-winged aircrafts among others.
The wind energy sector is one of the fastest growing segments owing to increasing government support towards renewable sources of energy generation. Increasing focus on reducing greenhouse emissions coupled with rising demand from emerging economies such as China India will drive growth further. Countries such as Brazil have also made significant investments in order to establish a robust manufacturing base for wind turbines which further supports industry expansion during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia, Malaysia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as increasing population and consumer disposable income levels coupled with government initiatives for infrastructure development. Moreover, rapid industrialization has resulted in rising demand for carbon fiber-resin composites from various end-use industries such as aerospace & defense; automotive; electrical & electronics; marine etc., thereby driving the regional market growth.
The Asia Pacific was followed by Europe which accounted for a revenue share of 22% in 2017 on account of high product demand from wind energy application segment due to growing awareness regarding renewable energy sources across European countries including Germany; U.K.
Growth Factors:
- Increasing demand for lightweight and high-performance materials in the aerospace, automotive, and construction industries is expected to drive the growth of the carbon fiber-resin composite market.
- The increasing use of composites in wind turbines owing to their superior properties such as low weight and high strength is also projected to boost the demand for carbon fiber-resin composites over the forecast period.
- Growing awareness about the benefits of using composites over traditional materials is anticipated to fuel market growth during the forecast period.
- Technological advancements in manufacturing processes are expected to provide opportunities for market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Carbon Fiber-Resin Composite Market Research Report
By Type
Thermosetting Type, Thermoplastic Type
By Application
Aerospace & Defense, Wind Energy, Automotive, Electrical & Electronics, Marine, Others
By Companies
Nippon Graphite Fiber Corporation, DSM, SGL Group, Hexcel, Solvay, Teijin, Mitsubishi Rayon, Toray, Hexion, Weyerhaeuser, DowAksa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Carbon Fiber-Resin Composite Market Report Segments:
The global Carbon Fiber-Resin Composite market is segmented on the basis of:
Types
Thermosetting Type, Thermoplastic Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace & Defense, Wind Energy, Automotive, Electrical & Electronics, Marine, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nippon Graphite Fiber Corporation
- DSM
- SGL Group
- Hexcel
- Solvay
- Teijin
- Mitsubishi Rayon
- Toray
- Hexion
- Weyerhaeuser
- DowAksa
Highlights of The Carbon Fiber-Resin Composite Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Thermosetting Type
- Thermoplastic Type
- By Application:
- Aerospace & Defense
- Wind Energy
- Automotive
- Electrical & Electronics
- Marine
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Carbon Fiber-Resin Composite Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Carbon fiber-resin composite is a type of material that is made up of carbon fiber and resin. The carbon fiber helps to strengthen the material, while the resin helps to provide flexibility and durability. This type of material is often used in aircrafts, cars, and other types of vehicles because it offers a lot of benefits compared to traditional materials.
Some of the major players in the carbon fiber-resin composite market are Nippon Graphite Fiber Corporation, DSM, SGL Group, Hexcel, Solvay, Teijin, Mitsubishi Rayon, Toray, Hexion, Weyerhaeuser, DowAksa.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Carbon Fiber-Resin Composite Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Carbon Fiber-Resin Composite Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Carbon Fiber-Resin Composite Market - Supply Chain
4.5. Global Carbon Fiber-Resin Composite Market Forecast
4.5.1. Carbon Fiber-Resin Composite Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Carbon Fiber-Resin Composite Market Size (000 Units) and Y-o-Y Growth
4.5.3. Carbon Fiber-Resin Composite Market Absolute $ Opportunity
5. Global Carbon Fiber-Resin Composite Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Carbon Fiber-Resin Composite Market Size and Volume Forecast by Type
5.3.1. Thermosetting Type
5.3.2. Thermoplastic Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Carbon Fiber-Resin Composite Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Carbon Fiber-Resin Composite Market Size and Volume Forecast by Application
6.3.1. Aerospace & Defense
6.3.2. Wind Energy
6.3.3. Automotive
6.3.4. Electrical & Electronics
6.3.5. Marine
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Carbon Fiber-Resin Composite Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Carbon Fiber-Resin Composite Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Carbon Fiber-Resin Composite Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Carbon Fiber-Resin Composite Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Carbon Fiber-Resin Composite Demand Share Forecast, 2019-2026
9. North America Carbon Fiber-Resin Composite Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Carbon Fiber-Resin Composite Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Carbon Fiber-Resin Composite Market Size and Volume Forecast by Application
9.4.1. Aerospace & Defense
9.4.2. Wind Energy
9.4.3. Automotive
9.4.4. Electrical & Electronics
9.4.5. Marine
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Carbon Fiber-Resin Composite Market Size and Volume Forecast by Type
9.7.1. Thermosetting Type
9.7.2. Thermoplastic Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Carbon Fiber-Resin Composite Demand Share Forecast, 2019-2026
10. Latin America Carbon Fiber-Resin Composite Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Carbon Fiber-Resin Composite Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Carbon Fiber-Resin Composite Market Size and Volume Forecast by Application
10.4.1. Aerospace & Defense
10.4.2. Wind Energy
10.4.3. Automotive
10.4.4. Electrical & Electronics
10.4.5. Marine
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Carbon Fiber-Resin Composite Market Size and Volume Forecast by Type
10.7.1. Thermosetting Type
10.7.2. Thermoplastic Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Carbon Fiber-Resin Composite Demand Share Forecast, 2019-2026
11. Europe Carbon Fiber-Resin Composite Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Carbon Fiber-Resin Composite Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Carbon Fiber-Resin Composite Market Size and Volume Forecast by Application
11.4.1. Aerospace & Defense
11.4.2. Wind Energy
11.4.3. Automotive
11.4.4. Electrical & Electronics
11.4.5. Marine
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Carbon Fiber-Resin Composite Market Size and Volume Forecast by Type
11.7.1. Thermosetting Type
11.7.2. Thermoplastic Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Carbon Fiber-Resin Composite Demand Share, 2019-2026
12. Asia Pacific Carbon Fiber-Resin Composite Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Carbon Fiber-Resin Composite Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Carbon Fiber-Resin Composite Market Size and Volume Forecast by Application
12.4.1. Aerospace & Defense
12.4.2. Wind Energy
12.4.3. Automotive
12.4.4. Electrical & Electronics
12.4.5. Marine
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Carbon Fiber-Resin Composite Market Size and Volume Forecast by Type
12.7.1. Thermosetting Type
12.7.2. Thermoplastic Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Carbon Fiber-Resin Composite Demand Share, 2019-2026
13. Middle East & Africa Carbon Fiber-Resin Composite Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Carbon Fiber-Resin Composite Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Carbon Fiber-Resin Composite Market Size and Volume Forecast by Application
13.4.1. Aerospace & Defense
13.4.2. Wind Energy
13.4.3. Automotive
13.4.4. Electrical & Electronics
13.4.5. Marine
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Carbon Fiber-Resin Composite Market Size and Volume Forecast by Type
13.7.1. Thermosetting Type
13.7.2. Thermoplastic Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Carbon Fiber-Resin Composite Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Carbon Fiber-Resin Composite Market: Market Share Analysis
14.2. Carbon Fiber-Resin Composite Distributors and Customers
14.3. Carbon Fiber-Resin Composite Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nippon Graphite Fiber Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DSM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SGL Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hexcel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Solvay
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Teijin
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mitsubishi Rayon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Toray
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hexion
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Weyerhaeuser
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. DowAksa
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
