Carbon Fibre Reinforced Plastic Prices, Trend & Forecasts | Provided by Procurement Resource

Product NameCarbon Fibre Reinforced Plastic
HS Code39072090
SynonymsCarbon fiber-reinforced polymers, Carbon-fiber reinforced-thermoplastic(CFRTP), Carbon composite
Region/Countries for which Data is availableAsia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece,
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeOur services can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after service delivery

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A strong and lightweight reinforced plastic consisting of carbon fibres is called carbon fibre-reinforced plastic (CFRP). Compared to steel, CFRP is five times as light, and it weighs only around 60% as much as aluminum. Its demand is rising for consumer uses and technical applications due to its strong load-bearing capacity and thermal expansion.

CFRP material is made up of a base or carrier substance also known as a matrix (often a resin), as well as a second reinforcing component known as carbon fibre that is inserted in the matrix.

Germany dominates the European automotive market and produces one-third of the continent’s total automobile output. As one of the major hubs for the aircraft industry, Germany is home to a variety of manufacturers, including those from the equipment, material, component, engine, and complete system integration categories.

Key Details About the Carbon Fibre Reinforced Plastic Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Carbon Fibre Reinforced Plastic price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Carbon Fibre Reinforced Plastic price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Carbon Fibre Reinforced Plastic Price Trend:

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The key Industrial applications of Carbon Fibre Reinforced Plastic that are impacting the price trend are the aerospace industry, power transmission shafts, machine tool spindles, and robotic arms. Carbon fibre-reinforced plastic also finds its application in sports equipment, robotics, the shipping industry, and automation.

Key Players:

  • Hexcel
  • Solvay (formerly Cytec Engineered Materials)
  • Zoltek
  • Mitsubishi Rayon Co. Ltd.
  • Nippon Graphite Fiber Corp.

News and Events:

  • July 2022: There was a recent development in carbon fibre-reinforced polyolefin composites.
  • October 25, 2021: There was the latest progress in carbon fibre-reinforced carbon recycling.

Related Reports:

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