Adhesives Mag Mentions MarketsandMarkets as a Prime Source for Market Trends in an Article on Carbon Fiber Reinforced Plastics (CFRP) Market
CFRP are lightweight and high-strength composite materials used in aerospace & defense and automotive industries due its mechanical and physical properties such as high mechanical strength, thermal and chemical stability, and heat resistance, among others. They are mainly used in aircraft components and structures since they help in increasing their range and simplifying their maintenance. The worldwide market for CFRP is poised to grow at a CAGR of 9.9%, reaching $35.8 Billion by 2020, owing to its increasing usage in Boeing and Airbus, growing demand for fuel-efficient and lightweight vehicles, and increasing focus on producing electricity from renewable resources. The automotive industry is expected to offer the highest growth potential in the near future.
For More Details:
Report mentioned in the above news is,
Carbon Fiber (CF) and Carbon Fiber Reinforced Plastic (CFRP) Market by Raw Material & Tow Size, CFRP Market by Resin Type, by Manufacturing Process, by Application, and by Region - Trends and Forecasts to 2020
GET AHEADTop Research Reports to Fuel Your Industry Knowledge
Energy and PowerBHP Approves USD 4.9 Billion Investment in Stage Two of Jansen Potash Project
Information and Communication TechnologyUSD 100 Bn Climate Finance Goal Achieved Amidst Surging Green Technology Market
Sustainable Digital Transformation & Industry 4.0
Sanjay Kaul, President-Asia Pacific & Japan, Cisco, and host Aashish Mehra, Chief Research Officer, MarketsandMarkets, in conversation on unraveling 'Sustainable Digital Transformation and Industry 4.0'
11 July 2023|S2E12|Listen Now
Prasad Joshi, Senior Vice President-Emerging Technology Solutions, Infosys, and host, Vinod Chikkareddy, CCO, MarketsandMarkets, in exploring the recent advances in AI and the generative AI space.
7 Nov 2023|S2E13|Listen Now