Global Carbon Fiber Reinforced Polymer Market Research Insights 2021-2030

Global Carbon Fiber Reinforced Polymer Market Scope-

Market Research Future (MRFR) studied the global carbon fiber reinforced polymer market over the assessment period till 2030. Over the review period (from 2021 to 2030), the carbon fibre reinforced polymer market is expected to rise a healthy CAGR. The market of carbon reinforced polymer is likely to acquire considerable.

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Carbon Fiber Reinforced Polymer Market - Prominent Players Analysis:

The key players in market includes 3M, Aciturri, Bassara, Caproni, Dow Chemical Dr. Schnabel GmbH Co.KG, DuPont, Nissan, Bombardier, and Gurit.

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Recent Development -

September 2021: With a USD 595,000 funding from the US Office of Naval Research, Penn State College of Engineering researchers teamed up to develop a new, low-cost CFRP manufacturing technology. Manufacturers currently use heat and pressure to mold CFRP into a particular shape in order to produce CFRP airplane parts. This is done in a chamber known as an autoclave, which may occasionally hold a full wing or fuselage. A liquid plastic and stacked sheets of carbon fiber are mixed and cured in a vacuum bag in the novel method. Carbon fibers give the plastic its strength and solidity. The researchers will also look at incorporating carbon nanotubes into the polymer mix before it fuses with the fibers in order to reinforce and electrically conduct the polymers. According to researchers, commercial airlines are very interested in the novel, lightweight material since it will minimize fuel use. Planes could expand their cargo weight allowances and transport more passengers and commodities if they had less fuel to carry.

Segment Study of Carbon Fiber Reinforced Polymer Market-

The segment study of the global carbon fiber reinforced polymer market are application and production process.

The application-based segments of the fiber reinforced polymer market are construction, industrial, electrical isolation, and marine among others.

The production process-based segments of the carbon fiber reinforced polymer market are Petroleum Pitch Precursor and Polyacrylonitrile (PAN) Precursor.

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