Industry: Chemical & Material
Published Date: 2025-02-24
Pages: 99 Pages
Report ld: 4211518
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CFRP Market Size(US$)

CAGR 2025-2031
5.2%
Market Size,2031
USD 571
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for CFRP was estimated to be worth US$ 402 million in 2024 and is forecast to a readjusted size of US$ 571 million by 2031 with a CAGR of 5.2% during the forecast period 2025-2031.
CFRP are composite materials made through infusion of a resin and a carbon fiber reinforcement. They offer high weight savings, increased tensile strength, fatigue resistance, impact resistance and durability which make them ideal for use in diversified industrial applications. CFRP products are increasingly substituting metals in various automotive applications, primarily to reduce fuel consumption. They are used in manufacturing of tennis racquets, aerospace & automotive components, protective helmets, blades for wind turbines, molding compounds, plates for building & construction and imaging equipment structures. These materials can be used as a chemical or water purifier owing to carbon being a powerful absorbent.
CFRP products offer higher weight saving and thus a better fuel economy than the traditional materials such as steel and aluminum. Vehicle manufacturers are obliged to reduce the average energy consumption of vehicles, and this goal can be met using lightweight products. In addition, increased demands for eco-friendly and low VOCs products in vehicles enhance the need for CFRP products in automotive industry.
This report aims to provide a comprehensive presentation of the global market for CFRP, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of CFRP by region & country, by Type, and by Application.
The CFRP market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding CFRP.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of CFRP manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of CFRP in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of CFRP in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 Market Overview
1.1 CFRP Product Introduction
1.2 Global CFRP Market Size Forecast
1.2.1 Global CFRP Sales Value (2020-2031)
1.2.2 Global CFRP Sales Volume (2020-2031)
1.2.3 Global CFRP Sales Price (2020-2031)
1.3 CFRP Market Trends & Drivers
1.3.1 CFRP Industry Trends
1.3.2 CFRP Market Drivers & Opportunity
1.3.3 CFRP Market Challenges
1.3.4 CFRP Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global CFRP Players Revenue Ranking (2024)
2.2 Global CFRP Revenue by Company (2020-2025)
2.3 Global CFRP Players Sales Volume Ranking (2024)
2.4 Global CFRP Sales Volume by Company Players (2020-2025)
2.5 Global CFRP Average Price by Company (2020-2025)
2.6 Key Manufacturers CFRP Manufacturing Base and Headquarters
2.7 Key Manufacturers CFRP Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of CFRP
2.9 CFRP Market Competitive Analysis
2.9.1 CFRP Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by CFRP Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in CFRP as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Thermosetting
3.1.2 Thermoplastic
3.2 Global CFRP Sales Value by Type
3.2.1 Global CFRP Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global CFRP Sales Value, by Type (2020-2031)
3.2.3 Global CFRP Sales Value, by Type (%) (2020-2031)
3.3 Global CFRP Sales Volume by Type
3.3.1 Global CFRP Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global CFRP Sales Volume, by Type (2020-2031)
3.3.3 Global CFRP Sales Volume, by Type (%) (2020-2031)
3.4 Global CFRP Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Aerospace & Defense
4.1.2 Wind Turbines
4.1.3 Automotive
4.1.4 Sports Equipment
4.1.5 Building & Construction
4.1.6 Molding Compounds
4.1.7 Others
4.2 Global CFRP Sales Value by Application
4.2.1 Global CFRP Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global CFRP Sales Value, by Application (2020-2031)
4.2.3 Global CFRP Sales Value, by Application (%) (2020-2031)
4.3 Global CFRP Sales Volume by Application
4.3.1 Global CFRP Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global CFRP Sales Volume, by Application (2020-2031)
4.3.3 Global CFRP Sales Volume, by Application (%) (2020-2031)
4.4 Global CFRP Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global CFRP Sales Value by Region
5.1.1 Global CFRP Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global CFRP Sales Value by Region (2020-2025)
5.1.3 Global CFRP Sales Value by Region (2026-2031)
5.1.4 Global CFRP Sales Value by Region (%), (2020-2031)
5.2 Global CFRP Sales Volume by Region
5.2.1 Global CFRP Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global CFRP Sales Volume by Region (2020-2025)
5.2.3 Global CFRP Sales Volume by Region (2026-2031)
5.2.4 Global CFRP Sales Volume by Region (%), (2020-2031)
5.3 Global CFRP Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America CFRP Sales Value, 2020-2031
5.4.2 North America CFRP Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe CFRP Sales Value, 2020-2031
5.5.2 Europe CFRP Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific CFRP Sales Value, 2020-2031
5.6.2 Asia Pacific CFRP Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America CFRP Sales Value, 2020-2031
5.7.2 South America CFRP Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa CFRP Sales Value, 2020-2031
5.8.2 Middle East & Africa CFRP Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions CFRP Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions CFRP Sales Value
6.2.1 Key Countries/Regions CFRP Sales Value, 2020-2031
6.2.2 Key Countries/Regions CFRP Sales Volume, 2020-2031
6.3 United States
6.3.1 United States CFRP Sales Value, 2020-2031
6.3.2 United States CFRP Sales Value by Type (%), 2024 VS 2031
6.3.3 United States CFRP Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe CFRP Sales Value, 2020-2031
6.4.2 Europe CFRP Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe CFRP Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China CFRP Sales Value, 2020-2031
6.5.2 China CFRP Sales Value by Type (%), 2024 VS 2031
6.5.3 China CFRP Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan CFRP Sales Value, 2020-2031
6.6.2 Japan CFRP Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan CFRP Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea CFRP Sales Value, 2020-2031
6.7.2 South Korea CFRP Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea CFRP Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia CFRP Sales Value, 2020-2031
6.8.2 Southeast Asia CFRP Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia CFRP Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India CFRP Sales Value, 2020-2031
6.9.2 India CFRP Sales Value by Type (%), 2024 VS 2031
6.9.3 India CFRP Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Cytec Industries Inc.
7.1.1 Cytec Industries Inc. Company Information
7.1.2 Cytec Industries Inc. Introduction and Business Overview
7.1.3 Cytec Industries Inc. CFRP Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Cytec Industries Inc. CFRP Product Offerings
7.1.5 Cytec Industries Inc. Recent Development
7.2 DowAksa Advanced Composites Holdings B.V.
7.2.1 DowAksa Advanced Composites Holdings B.V. Company Information
7.2.2 DowAksa Advanced Composites Holdings B.V. Introduction and Business Overview
7.2.3 DowAksa Advanced Composites Holdings B.V. CFRP Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 DowAksa Advanced Composites Holdings B.V. CFRP Product Offerings
7.2.5 DowAksa Advanced Composites Holdings B.V. Recent Development
7.3 Formosa Plastics Corporation
7.3.1 Formosa Plastics Corporation Company Information
7.3.2 Formosa Plastics Corporation Introduction and Business Overview
7.3.3 Formosa Plastics Corporation CFRP Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Formosa Plastics Corporation CFRP Product Offerings
7.3.5 Formosa Plastics Corporation Recent Development
7.4 Hexcel Corporation
7.4.1 Hexcel Corporation Company Information
7.4.2 Hexcel Corporation Introduction and Business Overview
7.4.3 Hexcel Corporation CFRP Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Hexcel Corporation CFRP Product Offerings
7.4.5 Hexcel Corporation Recent Development
7.5 Jiangsu Hengshen Fibre Material Co., Ltd.
7.5.1 Jiangsu Hengshen Fibre Material Co., Ltd. Company Information
7.5.2 Jiangsu Hengshen Fibre Material Co., Ltd. Introduction and Business Overview
7.5.3 Jiangsu Hengshen Fibre Material Co., Ltd. CFRP Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Jiangsu Hengshen Fibre Material Co., Ltd. CFRP Product Offerings
7.5.5 Jiangsu Hengshen Fibre Material Co., Ltd. Recent Development
7.6 Mitsubishi Rayon Co., Ltd
7.6.1 Mitsubishi Rayon Co., Ltd Company Information
7.6.2 Mitsubishi Rayon Co., Ltd Introduction and Business Overview
7.6.3 Mitsubishi Rayon Co., Ltd CFRP Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Mitsubishi Rayon Co., Ltd CFRP Product Offerings
7.6.5 Mitsubishi Rayon Co., Ltd Recent Development
7.7 SGL Carbon SE
7.7.1 SGL Carbon SE Company Information
7.7.2 SGL Carbon SE Introduction and Business Overview
7.7.3 SGL Carbon SE CFRP Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 SGL Carbon SE CFRP Product Offerings
7.7.5 SGL Carbon SE Recent Development
7.8 Teijin Limited.
7.8.1 Teijin Limited. Company Information
7.8.2 Teijin Limited. Introduction and Business Overview
7.8.3 Teijin Limited. CFRP Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Teijin Limited. CFRP Product Offerings
7.8.5 Teijin Limited. Recent Development
7.9 Toray Industries, Inc.
7.9.1 Toray Industries, Inc. Company Information
7.9.2 Toray Industries, Inc. Introduction and Business Overview
7.9.3 Toray Industries, Inc. CFRP Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Toray Industries, Inc. CFRP Product Offerings
7.9.5 Toray Industries, Inc. Recent Development
7.10 Zhongfu Shenying Carbon Fiber Co., Ltd.
7.10.1 Zhongfu Shenying Carbon Fiber Co., Ltd. Company Information
7.10.2 Zhongfu Shenying Carbon Fiber Co., Ltd. Introduction and Business Overview
7.10.3 Zhongfu Shenying Carbon Fiber Co., Ltd. CFRP Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Zhongfu Shenying Carbon Fiber Co., Ltd. CFRP Product Offerings
7.10.5 Zhongfu Shenying Carbon Fiber Co., Ltd. Recent Development
8 Industry Chain Analysis
8.1 CFRP Industrial Chain
8.2 CFRP Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 CFRP Sales Model
8.5.2 Sales Channel
8.5.3 CFRP Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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