Global Carbon Fiber & Carbon Fiber Reinforced Plastic Market By Raw Material Type (Polyacrylonitrile Carbon Fibers (PAN-Based CF), Pitch-Based Carbon Fiber, And Rayon-Based Carbon Fiber), By Resin Type (Thermosetting CFRP, Thermoplastic CFRP), By Application (Aerospace & Defense, Sports & Leisure, Wind Energy, Automotive, Pressure Vessels, Construction & Infrastructure, Chemical, Oil & Gas, And Others), By Sales Channel (Manufacturer, Distributor), and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa)

Carbon Fiber Reinforced Plastics (CFRP) Market report categorizes global market by raw material type, resin type, manufacturing process, and application - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024

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Fiber reinforced composites finds its application in various fields of engineering such as automotive, aerospace, and defense industries. Various advancements in technology, have led to development of lightweight composites with high tensile strength. Carbon fiber reinforced plastic, also referred to as carbon fiber reinforced thermoplastics, and is manufactured by blending carbon fiber with plastic, in order to enhance its strength.