Carbon Fibre Reinforced Plastic Prices, Trend & Forecasts | Provided by Procurement Resource

Product Name Carbon Fibre Reinforced Plastic
HS Code 39072090
Synonyms CFRP, Carbon fiber-reinforced polymers, Carbon-fiber reinforced-thermoplastic(CFRTP), Carbon composite
Region/Countries for which Data is available
  • Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
  • Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece,
  • North America: United States and Canada
  • Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
  • Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope Our services can be customized as per the requirements of the customer
Post-Sale Analyst Support 360-degree analyst support after service delivery

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A robust and lightweight fortified plastic comprising carbon fibres is known as carbon fibre-reinforced plastic (CFRP). Compared to steel, CFRP is five times as light, and it weighs only around 60% as much as aluminium. Its demand is rising for consumer and technical applications due to its strong load-bearing capacity and thermal expansion. A material known as CFRP is made up of a base or carrier substance also known as a matrix (typically a resin), as well as a second reinforcing component known as carbon fibre that is embedded in the matrix.

Pitch is converted into CFRP using a number of processes. The pitch is spun in the first phase after all contaminants that affect the tensile strength of carbon fibres have been eliminated. Following that, the pitch is thermoset. One of the most difficult processes is this one. Since pitch fibre generates heat during the oxidation reaction process used in thermosetting, this step is crucial. A thermosetting reaction that is too quick causes the fibre surface to melt and adhere to one another. It requires the use of slow thermosetting reaction to prevent this phenomenon. The desired product is then produced after the carbonization process.

The leading regions in the market of carbon fibre-reinforced plastic are Europe, Germany, the United Kingdom, France, Italy, and Spain

Key Details About the Carbon Fibre Reinforced Plastic Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Carbon Fibre Reinforced Plastic price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Carbon Fibre Reinforced Plastic price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Carbon Fibre Reinforced Plastic Price Trend:

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Carbon fibre-reinforced plastic Price Trend is used in a variety of industrial processes that affect the price trend including the aerospace industry and for machine tool spindles, power-transmission shafts, and robotic arms.

Key Players:

  • Hexcel
  • Solvay (formerly Cytec Engineered Materials)
  • Zoltek
  • Mitsubishi Rayon Co. Ltd.
  • Nippon Graphite Fiber Corp.

News and Events:

  • July 08, 2022:As per a study done on new advancements in carbon fibre, strengthened polyolefin composites. This research incorporates a thorough interpretation of the present and most recent polyolefin-based carbon Fibre reinforced compounds.

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