China Carbon Fiber Reinforced Polycarbonate Market Research Report Forecast to 2028
Market Overview
Carbon fibers (CFs) have been widely used as reinforcement materials in composite manufacturing due to their exceptional properties such as high load-bearing capacity, high fatigue strength, X-ray transparency, flame-retardant, good electrical conductivity, and low thermal expansion. Some of the technologies used to produce CFRP include prepreg compressing molding, autoclave technology, winding methods, blowing methods, resin transfer molding, wet pressing, braiding, others.
China's carbon fiber reinforced market is expected to register a CAGR of 7.21% to reach USD 87,944.3 thousand by the end of 2028. Carbon fiber reinforced polymer (CFRP) is a material consisting of several constitutes: a base or carrier substance called matrix, and a second reinforcing component, the carbon fiber, which is embedded in the matrix. For carbon fiber reinforced polycarbonate, the resin material of polycarbonate is used.
CFRP exhibits high load-bearing capacity, high fatigue strength, X-ray transparency, and low thermal expansion. CFRP is up to five times lighter than steel and has only about 60% of the weight of aluminum. The demand for carbon fiber reinforced polycarbonate is expected to witness significant growth on account of its use in the aerospace and automotive industry. The expansion of these industries along with huge investments is expected to drive the market in China. Moreover, the growing medical sector in the country, coupled with the extensive use of carbon fiber reinforced polycarbonate, is likely to create new growth opportunities for the players in this market.
The key factor driving the growth of the China carbon fiber reinforced market is the growing demand from key end-users such as the aerospace, automotive, and electrical & electronics industries. The expansion of these industries along with huge investments is expected to drive the market in China. Moreover, the growing medical sector in the country, coupled with the extensive use of carbon fiber reinforced polycarbonate, is likely to create new growth opportunities for the players in this market.
Market Segmentation
China's carbon fiber reinforced market has been segmented by end-use. Based on end-use, the market has been segmented into aerospace, automotive, sports & leisure, electrical & electronics, medical, and others. Among these, the aerospace segment accounted for the largest share in the China carbon fiber reinforced market This growth is mainly attributed to the growing demand for Carbon fiber reinforced polycarbonate in the interior and exterior structural components of aircrafts such as tubing, by-pass ducts, aircraft wings, etc.
Major Players
SABIC (Saudi Arabia), Merck KGAA (Germany), Covestro (Germany), Lanxess (Germany), Goodfellow (England), Julier (Xiamen) Technology CO., Ltd (China), and LG Chem (South Korea) are the key players operating in the China carbon fiber reinforced polycarbonate market.
COVID 19 Impacts
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Companies Mentioned
SABIC (Saudi Arabia)
Merck KGAA (Germany)
Covestro (Germany)
Lanxess (Germany)
Goodfellow (England)
Julier (Xiamen) Technology CO.
Ltd (China)
and LG Chem (South Korea)
- 1 Executive Summary
- 1.1 China Carbon Fiber Reinforced Polycarbonate Market, By End-use
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Market Structure
- 3 Research Methodology
- 3.1 Research Process
- 3.2 Primary Research
- 3.3 Secondary Research
- 3.4 Market Size Estimation
- 3.5 Top-down And Bottom-up Approach
- 3.6 Forecast Model
- 3.7 List Of Assumptions & Limitations
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Growing Aerospace Industry In China
- 4.2.2 Expanding Automotive Industry In China
- 4.3 Restraints
- 4.3.1 Toxicity Associated With Bisphenol-a
- 4.4 Opportunities
- 4.4.1 Expansion Of The Medical Sector
- 4.5 Challenges
- 4.5.1 Challenges Associated With The Recycling Of Carbon Fiber Reinforced Polymer
- 5 Market Factor Analysis
- 5.1 Supply Chain Analysis
- 5.1.1 Raw Material Suppliers
- 5.1.2 Carbon Fiber Reinforced Polycarbonate Producers
- 5.1.3 Distribution & Sales Channel
- 5.1.4 End Users
- 5.2 Porter's Five Forces Analysis
- 5.2.1 Threat Of New Entrants
- 5.2.2 Bargaining Power Of Suppliers
- 5.2.3 Threat Of Substitutes
- 5.2.4 Bargaining Power Of Buyers
- 5.2.5 Intensity Of Rivalry
- 5.3 Impact Of Covid 19 Outbreak On China Carbon Fiber Reinforced Polycarbonate Market
- 5.3.1 Impact Of Covid-19 On Supply Chain Of The Market
- 5.3.2 Major Government Policies To Encounter The Pandemic
- 5.3.2.1 Fiscal Policies-
- 5.3.2.2 Monetary And Macro-financial
- 6 China Carbon Fiber Reinforced Polycarbonate Market, By End-use
- 6.1 Overview
- 6.1.1 China Carbon Fiber Reinforced Polycarbonate Market Estimates & Forecast By End-use, 2019 To
- 6.1.2 China Carbon Fiber Reinforced Polycarbonate Market Estimates & Forecast By End-use, 2019 To
- 6.2 Aerospace
- 6.3 Automotive
- 6.4 Sports & Leisure
- 6.5 Electrical & Electronics
- 6.6 Medical
- 6.7 Others
- 7 Competitive Landscape
- 7.1 Introduction
- 7.2 Market Strategy Analysis
- 7.3 Key Developments & Growth Strategies
- 7.4 Competitive Benchmarking
- 8 Company Profiles
- 8.1 Merck Kgaa
- 8.1.1 Company Overview
- 8.1.2 Financial Overview
- 8.1.3 Products Offered
- 8.1.4 Key Developments
- 8.1.5 Swot Analysis
- 8.1.6 Key Strategies
- 8.2 Sabic
- 8.2.1 Company Overview
- 8.2.2 Financial Overview
- 8.2.3 Products Offered
- 8.2.4 Key Developments
- 8.2.5 Swot Analysis
- 8.2.6 Key Strategies
- 8.3 Lanxess
- 8.3.1 Company Overview
- 8.3.2 Financial Overview
- 8.3.3 Products Offered
- 8.3.4 Key Developments
- 8.3.5 Swot Analysis
- 8.3.6 Key Strategies
- 8.4 Covestro
- 8.4.1 Company Overview
- 8.4.2 Financial Overview
- 8.4.3 Products Offered
- 8.4.4 Key Developments
- 8.4.5 Swot Analysis
- 8.4.6 Key Strategies
- 8.5 Lg Chem Ltd
- 8.5.1 Company Overview
- 8.5.2 Financial Overview
- 8.5.3 Products Offered
- 8.5.4 Key Developments
- 8.5.5 Swot Analysis
- 8.5.6 Key Strategies
- 8.6 Goodfellow
- 8.6.1 Company Overview
- 8.6.2 Financial Overview
- 8.6.3 Products Offered
- 8.6.4 Key Developments
- 8.6.5 Swot Analysis
- 8.6.6 Key Strategies
- 8.7 Julier (Xiamen) Technology Co., Ltd
- 8.7.1 Company Overview
- 8.7.2 Financial Overview
- 8.7.3 Products Offered
- 8.7.4 Key Developments
- 8.7.5 Swot Analysis
- 8.7.6 Key Strategies
- 9 Appendix
- 9.1 References
- 9.2 Related Reports
- List Of Tables
- Table 1 List Of Assumptions & Limitations
- Table 2 China Carbon Fiber Reinforced Polycarbonate Market Estimates & Forecast, By End-use, 2019 To 2028 (Usd Thousand)
- Table 3 China Carbon Fiber Reinforced Polycarbonate Market Estimates & Forecast, By End-use, 2019 To 2028 (Tons)
- Table 4 Key Developments & Growth Strategies
- Table 5 Merck Kgaa: Products Offered
- Table 6 Sabic: Products Offered
- Table 7 Sabic: Key Developments
- Table 8 Lanxess: Products Offered
- Table 9 Lanxess: Key Developments
- Table 10 Covestro: Products Offered
- Table 11 Covestro: Key Developments
- Table 12 Lg Chem Ltd: Products Offered
- Table 13 Goodfellow: Products Offered
- Table 14 Julier (Xiamen) Technology Co., Ltd: Products Offered
- List Of Figures
- Figure 1 Market Synopsis
- Figure 2 China Carbon Fiber Reinforced Polycarbonate Market Analysis, By End-use
- Figure 3 China Carbon Fiber Reinforced Polycarbonate Market: Market Structure
- Figure 4 Research Process Of Mrfr
- Figure 5 Market Dynamics Overview
- Figure 6 Drivers Impact Analysis
- Figure 7 Restraints Impact Analysis
- Figure 8 Supply Chain Analysis For China Carbon Fiber Reinforced Polycarbonate Market
- Figure 9 Porter's Five Forces Analysis Of The China Carbon Fiber Reinforced Polycarbonate Market
- Figure 10 China Carbon Fiber Reinforced Polycarbonate Market, By End-use, 2019 To 2028 (Usd Thousand)
- Figure 11 China Carbon Fiber Reinforced Polycarbonate Market, By End-use, 2019 To 2028 (Tons)
- Figure 12 Competitive Benchmarking
- Figure 13 Merck Kgaa: Financial Overview Snapshot
- Figure 14 Merck Kgaa: Swot Analysis
- Figure 15 Sabic: Financial Overview Snapshot
- Figure 16 Sabic: Swot Analysis
- Figure 17 Lanxess: Financial Overview
- Figure 18 Lanxess: Swot Analysis
- Figure 19 Covestro: Financial Overview Snapshot
- Figure 20 Covestro: Swot Analysis
- Figure 21 Lg Chem Ltd: Financial Overview Snapshot
- Figure 22 Lg Chem Ltd: Swot Analysis
- Figure 23 Goodfellow: Swot Analysis
- Figure 24 Julier (Xiamen) Technology Co., Ltd: Swot Analysis
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