Global Carbon Fibers & Carbon Fiber Reinforced Plastics (CFRP) Market Overview 2021 with Profiles of 150+ Companies and Industry Guide with Contact Details for 337 Companies

7/21/2021 7:33:33 AM

(MENAFN- PR Newswire) DUBLIN, July 21, 2021 /PRNewswire/ -- The "Carbon Fibers & Carbon Fiber Reinforced Plastics (CFRP) - A Global Market Overview 2021" report has been added to ResearchAndMarkets.com's offering.

Global demand for Carbon Fibers declined sharply in 2020, dropping by 9.5% YoY in volume terms and 15.4% in value terms, due to a reduction in demand for Carbon Fibers across major application areas amid the impact of the coronavirus pandemic. Aerospace, automotive, and oil & gas applications have been hit hard by the pandemic during 2020.

The COVID-19 pandemic has impacted the production rates of aircrafts significantly during 2020 as demand for new aircrafts drastically decreased. Additionally, the parked fleet of commercial aircraft reached record levels globally during 2020 as passenger traffic fell and airlines reduced capacity.

Each new generation of commercial aircraft has used increasing quantities of advanced composites, replacing metals and other materials. This follows the trend previously seen in military fighter aircraft where advanced composites may now exceed 50% of the weight of the airframe.

Research Findings & Coverage

The global market for carbon fibers and carbon fiber reinforced plastics (CFRP) is analyzed in this report with respect to end-use applications, geographic regions and countries
The study provides market size and extensively analyzes each major end-use application of carbon fiber with a market snapshot for the analysis period
Zero Emissions and Weight Reduction Targets to Drive Adoption of Carbon Fibers in Mainstream Automobiles
Demand for Carbon Fiber in Aerospace Industry Bolstered by Greater Acceptance in Commercial Aircrafts
Burgeoning Opportunities for Carbon Fiber in High-pressure Gas Storage Vessels
Recent Advances in Low-Cost Carbon Fiber Manufacturing
Key business trends focusing on product innovations/developments, capacity expansions, M & As, JVs and other recent industry developments
Major companies profiled - 154
The industry guide includes the contact details for 337 companies

Product Outline

The report analyzes the market for End-use Applications of Carbon Fibers and CFRP analyzed including:

Aerospace & Defense
Sports & Leisure
Wind Energy
Automotive
Pressure Vessels
Construction & Infrastructure
Molding Compounds (or Electrical & Electronic)
Oil & Gas
Other Industrial Applications

Analysis Period, Units and Growth Rates

The report reviews, analyzes and projects the global carbon fibers and carbon-reinforced plastics (CFRP) market for the period 2017-2026 in terms of volumes in metric tons and market value in US$ and the compound annual growth rates (CAGRs) projected from 2020 through to 2026 with a special focus on the COVID-19 Pandemic impact and YoY growth for 2019-2020

Geographic Coverage

North America (The United States and Canada)
Europe (Denmark, France, Germany, Italy, Spain, the United Kingdom and the Rest of Europe)
Japan
Asia excluding Japan (China, India, South Korea and the Rest of Asia)
Rest of World (Brazil, Russia, Turkey and other RoW)

Key Topics Covered:

PART A: GLOBAL MARKET PERSPECTIVE 1. INTRODUCTION Impact of COVID-19 on the Global Carbon Fiber Market1.1 Product Outline1.1.1 Carbon Fibers1.1.2 Carbon Fiber Composites1.2 End Use Applications - A Snapshot1.2.1 Aerospace and Defense1.2.2 Sports and Leisure Applications1.2.3 Automotive1.2.4 Wind Energy1.2.5 Pressure Vessels1.2.6 Construction and Infrastructure1.2.7 Molding Compound Applications1.2.8 Oil and Gas Applications1.2.9 Other Industrial Applications 2. KEY MARKET TRENDS 2.1 Zero Emissions and Weight Reduction Targets to Drive Adoption of Carbon Fibers in Mainstream Automobiles2.2 Demand for Carbon Fiber in Aerospace Industry Bolstered by Greater Acceptance in Commercial Aircrafts2.3 Burgeoning Opportunities for Carbon Fiber in High-pressure Gas Storage Vessels2.4 Recent Advances in Low-Cost Carbon Fiber Manufacturing2.4.1 Oak Ridge National Laboratory Leads in Developing Low-Cost Carbon Fiber Production Methods2.4.2 Plants as Alternatives to Petroleum for Making Carbon Fibers2.4.3 Coal Offers Opportunity for Low-Cost Carbon Fibers2.4.4 Low-Cost Carbon Fiber from Biomass2.4.5 Low-Cost Carbon Fiber Technology from LeMond and Deakin University2.4.6 Carbon Fiber Precursor Research Grant Offered to Clemson University 3. INDUSTRY LANDSCAPE 3.1 An Overview of the Carbon Fiber Supply Chain3.2 Global Carbon Fiber Production Capacities3.2.1 Carbon Fiber Installed Capacities by Precursor Type3.2.2 Carbon Fiber Installed Capacities by Geographic Region3.2.3 Carbon Fiber Installed Capacities by Country3.2.4 Carbon Fiber Installed Capacities by Manufacturer3.2.4.1 Installed Capacities of Major Carbon Fiber Manufacturers by their Operating Country3.2.4.1.1 Toray Industries3.2.4.1.2 Teijin Carbon (formerly Toho Tenax)3.2.4.1.3 Mitsubishi Chemical3.2.4.1.4 SGL Carbon3.2.4.1.5 Hexcel Corporation3.3 Key Global Players

Carbon Fiber Manufacturers
DowAksa (Turkey)
Formosa Plastics Corporation (Taiwan)
Hexcel Corporation (United States)
Hyosung Advanced Materials (South Korea)
Jiangsu Hengshen Co., Ltd. (China)
Kureha Corporation (Japan)
Mitsubishi Chemical Corporation (Japan)
Osaka Gas Chemicals Co Ltd. (Japan)
SGL Carbon SE (Germany)
Solvay SA (Belgium)
Teijin Limited (Japan)
Toray Industries, Inc. (Japan)
UMATEX, Rosatom State Corporation (Russia)
Weihai Guangwei Composites Co., Ltd. (China)
Zhongfu Shenying Carbon Fiber Co., Ltd. (China)
Carbon Fiber Recyclers
Carbon Conversions, Inc. (United States)
CFK Valley Stade Recycling GmbH & Co KG (Germany)
ELG Carbon Fibre Ltd. (United Kingdom)
Carbon Fiber Composite Manufacturers
A & P Technology (United States)
AciturriAeronautica (Spain)
Albany Engineered Composites (United States)
Aldila, Inc. (United States)
AVANCO GmbH (Germany)
F.S. Fehrer Automotive GmbH (Germany)
Faber Industrie SpA (Italy)
GKN Aerospace (United Kingdom)
Gurit Holding AG (Switzerland)
Hexagon Composites ASA (Norway)
Kaman Corporation (United States)
Lehmann & Voss & Co. (Germany)
Leonardo SpA (Italy)
Luxfer Gas Cylinders (Luxfer Group) (United Kingdom)
Magna International Inc. (Canada)
Menzolit GmbH (Germany)
Metal Mate Co Ltd (Thailand)
Mitsubishi Heavy Industries Ltd (Japan)
Plasan Carbon Composites, Inc. (United States)
Premium Aerotec GmbH (Germany)
RTP Company (United States)
Saudi Basic Industries Corporation (Saudi Arabia)
Saertex GmbH & Co. KG (Germany)
Siemens Gamesa Renewable Energy S.A. (Spain)
Sigmatex (UK) Limited (United Kingdom)
Spirit Aerosystems Inc (United States)
Strata Manufacturing PJSC (United Arab Emirates)
Toray Advanced Composites (The Netherlands)
The Gill Corporation (United States)
Trek Bicycle Corporation (United States)
UTC Aerospace Systems (United States)
Vestas Wind Systems A/S (Denmark)
Worthington Industries, Inc. (United States)

3.4 Key Business and Product Trends

Toray Develops Porous Carbon Fiber based CO2 Separation Membrane
Hyosung Advanced Materials to Supply Carbon Fibers to Hanwha Solutions
Mitsubishi Chemical to Expand Automotive CFRP Capacity at its Italian Plant
Composite Technology Development Inc Delivers Type V Liner-less Tanks for UAVs
Hexcel Joins the United Kingdom's ASCEND Project
Mitsubishi Chemical Develops Highly Heat-Resistant and High-Strength Carbon Fiber Prepreg
Hexagon Purus and CIMC Enric to Jointly Produce Hydrogen Composite Cylinders for China and Southeast Asia
Luxfer Gas Cylinders Acquires Composite Cylinder Producer Structural Composites Industries
Hexcel Launches HexPly XF Prepreg for Wind Blade Surface Finishing
Teijin Introduces Two New Carbon Fiber Intermediate Materials for Sports Applications
Aciturri to Build Airframe for Lilium's All-electric Jet
Worthington Introduces THERMAGUARDT Hydrogen Cylinders
Shanghai Petrochemical to Construct Large Tow Carbon Fiber Production Plant in China
Hexcel HexPly M9 Prepreg Receives DNV GL's Type Approval Certification
Hexagon Ragasco Introduces Smart Composite LPG Cylinders
Toray and MODEC Introduced CFRP based Repair Technology
Hexcel Extends Supply Contract with Safran for Composite Materials for Commercial Aerospace
Mitsubishi Chemical to Build a New CFRP Pilot Plant in Japan
Zhongfu Shenying Starts Trail Production at its New Carbon Fiber Plant in Xining, China
Joint Venture to Produce Advanced Aerostructures Formed by GKN Aerospace, SAMC and AVIC Supply
Quickstep to Acquire Component Repairs Business from Boeing Australia
Solvay to Supply Carbon Fiber Composites for Flybotix Inspection Drone
Collins Aerospace Qualifies Tenax Carbon Fiber Reinforced Thermoplastics
Teijin Inks High-Performance Composite Materials Supply Deal with Safran
Saertex Inks Carbon Fiber Fabrics Supply Deal with Safran
SGL Carbon and Koller Kunststofftechnik to Supply Composite Windshield for BMW
GKN Aerospace to Supply Composite MK30 Missile Canisters to Raytheon Technologies
Sigmatex Launches Non-Woven Fabric Made from Recycled Carbon Fiber
Hexcel to Supply Carbon Fiber for True Temper Sports' Golf Shafts
Hexcel Introduces HexPEKK EM Electromagnetic Shielding and Radar Absorptive Technology
Karl Meyer AG Carbon Recycling Subsidiaries Acquired by Mitsubishi Chemical Advanced Materials GmbH
World's First Laptop-sized Automated People Mover Uses Teijin's Carbon Fiber
Toray to Supply Carbon Fiber Composites for Lilium All-electric Aircraft
Airbus Qualifies Tenax Non-Crimp Fabrics and Braided Fibers for A320neo Spoilers
ELG Carbon Fibre and Aerocircular N.V. Develop Closed-loop Recycling Process for End-of-life Aircraft
Gurit to Invest in Indian Wind Energy Industry
Solvay to Supply Composites and Adhesives to Leonardo
Teijin Increases Chopped Carbon Fiber Capacity in Germany
Toray Develops Cost Effective High Tensile Modulus Carbon Fiber and Thermoplastic Pellets
HexPly M79 Prepregs from Hexcel Receive Type Approval Certification from DNV GL
CFRP Hangers for World's First Railway Bridge Made from Teijin Carbon Fiber
South Korea Grants Patent for 4M Carbon Fiber's Plasma Oxidation Technology
Sigmatex and Hypetex to Produce Colored Carbon Fiber Fabrics
Solvay to Supply Carbon Fiber Composites for Honda's Business Jets
4M and Dralon Developed Large Diameter Industrial Grade Carbon Fiber with Textile Grade Precursor
Montefibre Carbon Plans a 100-ton Carbon Fiber Plant in Spain
Solvay Introduces CYCOM EP2750 Compression Molding Prepreg for Aerospace Primary Structures
Hybrid Carbon and Wood Fiber Composite Car Seat Back Developed by Hexcel and NaCa Systems
Saertex and Bombardier Extend Carbon Fiber Supply Contract
Madshus Skis Employs Hexcel's HiTape Dry Carbon Tapes
Mitsubishi Chemical to Acquire Carbon Fiber Prepreg Producer c-m-p GmbH
SGL Carbon to Supply Composite Battery Enclosures to a North-American Automaker
SGL Carbon to Produce Carbon Fiber Composite Ultra-light Landing Gear for Air Taxis
Kordsa to Supply Carbon Fiber Fabrics for TRB's EV Battery Enclosures
Fiber Materials, Inc is Acquired by Spirit AeroSystems
Solvay and SGL Carbon in Partnership to Develop Large-Tow Carbon Fiber Composites for Aerospace
Jiangsu Hengshen to Supply Carbon Fiber Composites for COMAC's C919 Aircraft Program
SGL Carbon and Solvay Partnered to Produce Carbon Fiber Composites for Aerospace Primary Structures
ELG Carbon Fibre Unveils World's First Carbon Fiber Rail Bogie
Bureau Veritas Verifies LeMond Carbon's Carbon Fiber Rapid Oxidation Technology
Premium AEROTEC Develops Carbon Fiber Metallic Hybrid Composites for Future Aircrafts
Dell to Produce Light-weight Laptops using Carbon Conversions Recycled Carbon Fiber
INEOS Team UK Produces Boat Cradles using Recycled Carbon Fiber from ELG
Sekisui Chemical Acquires AIM Aerospace
GKN Aerospace Develops Large Composite Wing Technology
Gurit to Expand Aerospace Prepreg Capacity in Germany and to Close Switzerland Facility
4M Carbon Fiber Teams Up with Montefibre to Produce Low-Cost Carbon Fiber
Solvay Increases Aerospace Thermoplastic Composites Capacity in the US
Hyosung Plans to Expand its Carbon Fiber Capacity to 24 Thousand Tons by 2028
Teijin Acquires Benet Automotive
Montefibre Carbon Introduces New 80k PAN Carbon Fiber Precursor
Renegade Materials Corporation Acquired by Teijin
New Line of Carbonized Felt and Fabric Launched by Zoltek
Boeing Approves Hexcel HexAMT Additive Manufacturing for Commercial Aircraft Programs
HAICoPAS Consortium Led by Hexcel and Arkema Gets Approval from Bpifrance
Mitsubishi Chemical Establishes SMC Production Plant in Italy
SGL Carbon and Elbe Flugzeugwerke Extend Prepreg Supply Contract
Saertex Acquires Carbon Fiber Materials Producer TK Industries
AXIOM Materials Acquired by Kordsa
Hyosung Partners with Saudi Aramco on Carbon Fiber Production
Premium AEROTEC Demonstrates World's First Thermoplastic CFRP Single Aisle Pressure Bulkhead
Solvay Inks Supply Deal with Safran for High Temperature Composites
SGL Carbon Partners with National Composites Centre of the UK
Vacuum Pressure Molded Carbon Fiber Prepreg for Aircraft Developed by Toray
SGL Carbon Produces Fully Integrated Composite Battery Enclosure Prototype for NIO's Advanced Technology
Mitsubishi Corporation Acquires a Stake in ELG Carbon Fibre
TenCate Advanced Composites is Now Toray Advanced Composites
Teijin Develops a New Carbon Fiber Prepreg for Aerospace Applications
SGL Carbon Inks Supply Deal with Onur Materials Services for Aeroengine Insulation Components
Technical Fibre Products to Expand its Nonwovens Capacity
Zhongfu Shenying to Construct 20,000 MT Carbon Fiber Plant in Xining, China
Hexcel Acquires ARC Technologies
SGL Carbon to Supply Fiber Fabrics for Airbus Helicopters
Teijin Extends Carbon Fiber Supply Contract with Bombardier
Teijin to Supply Thermoplastic Unidirectional Pre-impregnated Carbon Fiber Tape for Boeing Commercial Airplanes
Toray Launches High Strength and Modulus TORAYCA MX Carbon Fiber
Toray Acquires TenCate Advanced Composites

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