Carbon fiber/CFRP market study available at

The Web-based market analysis firm projects that demand for carbon fiber-reinforced plastics will reach $25.2 billion by 2020, a 2012-2020 CAGR of about 12 percent.

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A new study, titled Carbon Fibers & Carbon Fiber Reinforced Plastics (CFRP): A Global Market Overview, is now available from London, U.K.-based, Web-resident market analysis firm The study estimates and projects the global market for carbon fibers and carbon fiber-reinforced plastics from 2008 through 2020. The study breaks its projections down by major geographies (including North America, Europe, Japan, Asia and RoW) and by end-use application areas.

Study authors maintain that the superior characteristics of carbon fibers and carbon fiber-reinforced plastics (CFRP) have earned them huge importance for applications in many industrial sectors, including automotive, wind energy, aerospace and defense, offshore oil and gas applications and composite pressure vessels. Accordingly, growth in worldwide demand for CFRP in volume terms is anticipated to maintain a 15.3 percent compound annual growth rate (CAGR) during the period from 2012 through 2020. CFRP production will approach 210,000 metric tonnes (almost 463 million lb) by 2020. In value terms, the demand for CFRP is expected to reach $25.2 billion (USD) by 2020, at a 2012-2020 CAGR of about 12 percent. Meanwhile, global volume demand for carbon fibers is forecast to be 141,000 metric tonnes (308.6 million lb) by 2020, registering a 2012-2020 CAGR of nearly 15.5 percent. In terms of value, the globe’s demand for carbon fibers is projected by this study to reach nearly $5 billion by the tail end of 2020.

The report includes statistical data for production capacities by precursor type, geographic region, country and by major manufacturer; and provides brief business profiles of the world’s top 74 players, comprising 27 carbon fiber, six recycled carbon fiber and 41 carbon fiber composite manufacturers. A listing of 54 companies that engage in carbon fiber production, recycling, as well as carbon fiber precursor and low-cost carbon fiber R&D is included. Also, the research lists 209 companies, worldwide, that are involved in manufacturing carbon fiber composites.

Published in January this year, the 507-page report is priced at $4,950.00.

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For more information, contact Tanya Rezler, The Market Publishers Ltd.; Tel.: +44 208 144 6009; Fax: +44 207 900 3970; E-mail:; Web site: