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The report on Global Carbon Fiber Reinforced Plastic by Infinium Global
Research analyses the Global Carbon Fiber Reinforced Plastic Market over the
period of 2017 to 2023. This report also provides detailed qualitative and
quantitative analyses of the market dynamics, market size and future trends in
Global Carbon Fiber Reinforced Plastic Market. It will help a lot of
decision makers to develop strategies and find new opportunities in the Global
Global Carbon Fiber Reinforced Plastic Market.
The report on Global Carbon Fiber Reinforced Plastic Market provides
qualitative and quantitative analysis for the period of 2015 to 2023. According
to the report the Global Carbon Fiber Reinforced Plastic Market is projected to
reach USD 25.7 billion by 2023, growing with a CAGR of 9.5 % to 10.0 % from
2017 to 2023.
Market Insights
The report identified that the Global Carbon Fiber Reinforced Plastic (CRFP)
Market is driven by factors such as, increasing demand in the automotive and
aerospace industry. Moreover, growth in defense sector is likely to boost the
market size of Carbon Fiber Reinforced Plastic over the next few years. On the
other hand, the restraining factors identified in the study include demand for
lightweight & cost-effective CFRP.
Infinium Global Research