Infinium Global Research Carbon Fiber Reinforced Plastic Market | Page 9

Carbon Fiber Reinforced Plastic market: Global Industry Analysis, Trends, Market Size & Forecasts to
2023
GLOBAL CARBON FIBER REINFORCED PLASTIC MARKET, CAGR (VALUE) GROWTH BY
REGIONS (2015 – 2023)
x.x
%
x.x
%
x.x
%
North America
Europe
Asia
The Europe region is expected to grow at a moderate rate to closely follow North
America in terms of market size over the forecast period. Among the geographies,
North America dominates the global carbon fiber reinforced Plastic market in terms of
revenue of carbon fiber reinforced Plastic market. It was worth USD xxxx.x million in
2015 and it is expected to grow at a CAGR of x.x% over the forecast period to reach
USD xxxx.x million in 2023. Asia-Pacific region is expected to be driven by the rapid
growth in emerging markets such as India and China, the market size of carbon fiber
reinforced Plastic in APAC was USD xxx.x million in 2015 and it is estimated to reach
USD xxxx.x million in 2023, expanding at a CAGR of x.x% over the forecast period.
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