'Global Carbon Fibre Reinforced Plastic (CFRP) Composites Market to be Worth $20.68bn in 2013' says Visiongain Report

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'Global Carbon Fibre Reinforced Plastic (CFRP) Composites Market to be Worth $20.68bn in 2013' says Visiongain Report PR Newswire LONDON, December 10, 2012 LONDON, December 10, 2012 /PRNewswire/ -- Visiongain's latest analysis indicates that the global CFRP composites market will reach a value of $20.68bn in 2013, and will be driven by growth in the wind energy market, and strong potential in the automotives market. The CFRP composites market will exhibit growth over the next decade, and this will partly be due to the increasing prominence of the emerging markets. Stronger economic growth and clear immaturity in the CFRP markets means that growth rates are expected to be greatest in these regions. The immaturity and cheaper labour costs of the emerging markets are also expected to attract a number of multinationals from the developed markets. The visiongain author of the Global Carbon Fibre Reinforced Plastics (CFRP) Composites Market 2013-2023 report commented that "The use of CFRP in the composites market has shown strong growth over the past few years. Still a relatively immature market, the material has been able to penetrate a number of important sectors. Despite the economic turmoil that has transpired in recent years, the growth of CFRP has remained steady and this is partly due to the change in consumer and supplier preferences that have occurred as a result of the economic crisis. With that said, the effects of the economic crisis have still been damaging.

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'Global Carbon Fibre Reinforced Plastic (CFRP) Composites Market to be Worth $20.68bn in 2013' says Visiongain Report
PR Newswire LONDON, December 10, 2012
LONDON,December 10, 2012/PRNewswire/ --
Visiongain's latest analysis indicates thatthe global CFRP composites marketwill reach a value of$20.68bnin 2013, and will be driven by growth in the wind energy market, and strong potential in the automotives market.
The CFRP compositesmarketwill exhibit growth over the next decade, and this will partly be due to the increasing prominence of the emerging markets. Stronger econom ic growth and clear immaturity in the CFRP markets means that growth rates are expected to be greatest in these regions. The immaturity and cheaper labour costs of the emerging markets are also expected to attract a num ber of multinationals from the developed markets.
The visiongain author of the Global Carbon Fibre Reinforced Plastics (CFRP) Composites Market 2013-2023 report commented that "The use of CFRP in the composites m arket has shown strong growth over the past few years. Still a relatively immature market, the material has been able to penetrate a number of important sectors. D espite the economic turmoil that has transpired in recent years, the growth of CFRP has remained steady and this is partly due to the change in consumer and supplier preferences that have occurred as a result of the economic crisis. With that said, the effects of the economic crisis have still been damaging. There have been delays in both programmes and funding, and this has exacerbated the clear deviation between supply and demand."
The 160 report contains 138 tables, charts and graphs that add visual analysis in order to explain developing trends within the CFRP composites market. Visiongain provides forecasts for the global CFRP composites market over 2013-2023. 6 submarkets are analysed and forecasted and these include aerospace, automotive, wind, sports equipment, other consumer, and industrial. In addition, 20 leading national CFRP composites markets are forecast and analysed by Visiongain over the period 2013-2023. The report features 2 exclusive expert interview s from leading companies Gurit and SGL Carbon. The report also provides profiles of 17 leading companies operating within the market.
The Global Carbon Fibre Reinforced Plastics (CFRP) Composites Market 2013-2023 report will be of value to current and future potential investors into the CFR P composites industry, as well as companies and research centres who wish to broaden their knowledge of the CFRP composites market.
For sample pages and further information concerning the Visiongain report Global Carbon Fibre Reinforced Plastics (CFRP) Composites Market 2013-2023 please visithttp://www.visiongain.com/Report/944/Global-Carbon-Fibre-Reinforced-Plastics-%28CFRP%29-Composites-Market-2013-2023
Companies Listed
AB Volvo AgustaWestland Airbus AKSA AIROD Alenia Alpolic Amber Composites ASL Aircraft Services GmbH BAE Systems Balseurop BMW Boeing Bombardier Braden Partners L.P. Crosby Composites Cytec Daimler AG Dr. Schnabel GmbH & Co.KG DuPont
ELG Haniel GmbH Emas Kiara Industries Berhad Embraer Envision epo GmbH Eurocopter European Aeronautic Defence and Space Company (EADS ) Fisipe Fibras Sintéticas de Portugal S.A Ford Ford Formosa Plastics Corp FuturEnergy GE Engine Service General Electric (GE) General Motors (GM) GH Craft Ltd GKN Aerospace GKN Driveline GKN Land Systems GKN Plc GKN Powder Metallurgy Gurit Hexcel Holden Holding Company Composite Honda Honeywell Hyosung (Gyeonggi-do, Korea) Integran Technologies Inc. Korea Aerospace Industries (KAI) Lamborghini Lockheed Martin Malaysia Aeronautic Engineering (MAE) Marstom Composite AB Company Metal Mate MicroBiopharm Japan Mitsubishi Chemical Holdings Corporation Mitsubishi Heavy Industries Mitsubishi Plastics Inc Mitsubishi Rayon Mitsui & Co. Ltd. Montefibre S.p.A. MTU NanoGram Corporation Nippon Graphite Fiber Northrop Grumman Corporation Performance Materials Corporation (PMC) Baycomp PowerBlades GmbH Pratt & Whitney Quadrant AG Quickstep Composites LLC Quickstep Holdings Ltd Quickstep Technologies Recycled Carbon Fibre Ltd. Rosatom SABIC SGL Carbon SGL Group Sikorsky Sino Composite SOFICAR Star Orechem International Private Limited (SOIL) Suzuki Team Dynamics Motorsport Teijin Teijin Composites Innovation Center (TCIC) Teijin Group Teleflex Aerospace Manufacturing Group (TAMG) TenCate Advanced Composites TenCate Geosynthetics TenCate Protection Systems The Dow Chemical Company The Honda Yuasa Racing Team British Touring Cars Toho Tenax Co. Ltd., Toray Carbon Fibres Europe S.A.
Toray Industries Toyota Umeco Plc Vector Composites Vestas Blades Volkswagen Volvo Aero Zoltek
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.comor call her on +44-(0)20-7336-6100
About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies inEurope. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Aviation, Automotive and Materials sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material.
For an executive summary please contact: Email: Sara Peerun onsara.peerun@visiongainglobal.com Tel: +44-(0)20-7336-6100