Latest news with #CFRP
Globe and Mail
14-07-2025
- Automotive
- Globe and Mail
CF & CFRP Market 2025-2030: Industry Outlook, Trends Analysis, New Opportunities, and Prospects
The Carbon Fiber (CF) and Carbon Fiber Reinforced Polymer (CFRP) market is witnessing robust growth, driven by rising demand for lightweight, high-strength materials in aerospace, automotive, and wind energy sectors. Leading companies like Toray, Teijin, Mitsubishi Chemical, and Hexcel are expanding capacity and advancing technology, positioning the market for strong global expansion. The CFRP market is projected to grow from USD 22.48 billion in 2025 to USD 35.55 billion by 2030, at a CAGR of 9.6% during the forecast period. This report provides a comprehensive analysis of the market, including CFRP market size, trends, drivers and constraints, competitive aspects, and prospects for future growth. Continuous technological innovation in 3D printing drives growth in the 3D printing metals market. The market for CF & CFRP is influenced by several primary factors, including the presence of numerous manufacturers, government support, and increased carbon fiber production. The rising number of manufacturers worldwide encourages competition and innovation, resulting in the development of lightweight, high-strength CF & CFRP products. The growing demand for electric vehicles and the need for lightweight materials to enhance their range and efficiency have further boosted the demand for CF & CFRP in the automotive industry. Additionally, the increasing trend toward sustainability and eco-friendliness has led to the rising use of CF and CFRP in renewable energy applications, particularly in wind energy for producing long-lasting and durable wind turbines. Download PDF Brochure: PAN dominated the precursor type segment in terms of value in the CF market PAN precursor dominates the CF market due to its superior strength, stability, and higher carbon yield. About 90% of the carbon fiber produced is made from PAN, while the remaining 10% comes from rayon or petroleum pitch. PAN-based carbon fiber is produced from acrylonitrile through a process involving PAN fiber synthesis, flame retardant treatment, carbonization, graphitization, surface treatment, and sizing. The lightweight and high-strength characteristics of PAN-based carbon fiber have led to its extensive use across various applications, such as aircraft brakes, space structures, military and commercial planes, lithium batteries, sporting goods, and structural reinforcement in construction materials. Recycled carbon fiber is expected to grow at the highest CAGR in terms of value in the CF market during the forecasted period In the CF market, the recycled carbon fiber segment is expected to register the highest CAGR due to growing sustainability goals and stricter environmental regulations, which push industries to reduce waste and carbon emissions. It offers a cost-effective alternative to virgin carbon fiber, making it attractive for automotive, aerospace & defense, wind energy, and sporting goods manufacturers. Advancements in recycling technologies have improved the quality and consistency of recycled carbon fiber, expanding its applications. Additionally, companies are seeking lightweight, high-performance materials to enhance fuel efficiency and product durability. The pipe & tank industry is expected to register the second-highest CAGR in terms of value in the CFRP market during the forecast period The pipe & tank segment will register the second-highest growth rate in the CFRP market. As CFRP offers outstanding properties, such as a high strength-to-weight ratio, corrosion resistance, and durability, it makes it an ideal substitute for traditional materials like steel and aluminum in demanding applications. In the oil & gas sector, CFRP pipes and tanks are mostly used to transport crude oil and store high-pressure gases, as they have the ability to withstand harsh environmental conditions like saltwater and corrosive chemicals, further extending shelf life and reducing maintenance costs. CFRP pipes & tanks are also being used in the chemical industry for enhanced resistance to water vapor and mechanical stress in applications like chlorine production by replacing rubber-lined steel tanks. Europe accounted for the second-largest share of the CFRP market in terms of value Europe dominates the CFRP market due to strong demand from the aerospace and automotive industries for improved efficiency and reduced carbon emissions. The CFRP market in Europe is characterized by capacity expansions, joint ventures, and agreements among various leading players. Airbus generates high demand for carbon fiber reinforced plastics. The company's Superjumbo A380 and A350 are constructed with large quantities of CF & CFRP. The recently released A380 is a sizable aircraft made from approximately 30 tons per unit of carbon fiber. Many regional car manufacturers, such as BMW (Germany) and Audi (Germany), now utilize carbon fiber reinforced plastics on a significant scale. The carbon fiber reinforced plastic (CFRP) market in Europe has been experiencing growth and significant demand from various sectors. Europe is home to several prominent automotive manufacturers, aerospace companies, and renewable energy projects, all of which contribute to the increasing adoption of CFRP. CF & CFRP Companies Toray Industries, Inc. (Japan) Toray Industries, Inc. is a Japanese multinational company that specializes in advanced materials and technologies. The company operates across various sectors, including fibers and textiles, performance chemicals, carbon fiber composite materials, and environmental and engineering solutions. It offers carbon fibers and carbon fiber reinforced plastics through its carbon fiber composite materials business segment, which is designed to meet the rigorous demands of aerospace and industrial applications. Toray Industries, Inc. has operations in Japan, China, South Korea, the US, and several European nations. The company's commitment to innovation and sustainability is evident in its ongoing development of advanced carbon fiber technologies and its strategic initiatives to reduce CO2 emissions, aiming for carbon neutrality by 2050. Mitsubishi Chemical Corporation (Japan) Mitsubishi Chemical Corporation, a subsidiary of Mitsubishi Chemical Group Corporation, is a global leader in the chemicals sector, focusing on advancing science and technology. The company operates within five business segments: Specialty Materials, MMA & Derivatives, Basic Materials & Polymers, Pharma, and Industrial Gases. Through the advanced composites & shapes sub-segment under Specialty Materials, the company offers carbon fiber and carbon fiber products for various applications in the automotive, aerospace & defense, industrial equipment, wind energy, medical, and other industries. Mitsubishi Chemical Corporation has four manufacturing facilities in Japan, along with overseas services in the US, Hong Kong, China, and Germany. It also has a presence in other regions with sales representatives and distribution centers. Teijin Limited (Japan) Teijin Limited is a key player in the global CF & CFRP market. Teijin Carbon Europe GmbH, a principal subsidiary of Teijin Limited, has been manufacturing high-performance carbon fiber under the brand name Tenax. It also offers advanced material solutions, including high-temperature resins, prepreg systems, new fibers, and tailored sizing, among others. Teijin Limited is expanding its global reach by entering into agreements and partnerships with other companies in the market. Additionally, it is acquiring major suppliers to enhance its production capacity to meet the growing demand. The company invests significantly in research & development for new products. About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Car and Driver
12-07-2025
- Automotive
- Car and Driver
2026 Hyundai Ioniq 6 N to Offer à la Carte OEM Performance Parts
Hyundai has unveiled a set of N-branded performance parts for the new 2026 Ioniq 6 N that debuted earlier this week. The list of available parts includes carbon-fiber replacements for the front splitter, side skirts, rear diffuser, rear wing, and underbody aero. There's also a set of 20-inch forged wheels that Hyundai claims will shave about 11.6 pounds of unsprung mass versus the stock rollers. There's no rest for the wicked, and while we haven't driven it yet, we're certain the 2026 Hyundai Ioniq 6 N is wicked. So, knowing its fans would be interested in modifying their new high-performance electric sedan, Hyundai launched a collection of performance parts engineered specifically for the Ioniq 6 N. This content is imported from Third party. You may be able to find the same content in another format, or you may be able to find more information, at their web site. Hyundai Most of the new performance parts are replacements for their production equivalents, but they use carbon-fiber-reinforced plastic (CFRP) to save weight. There's a new front splitter, new side skirts, and a more aggressive rear diffuser. There's also a new N-branded double-decklid rear wing to help keep the car stable at high speeds. The carbon-fiber parts aren't just for lightweighting and showing off. The Ioniq 6 N's performance parts bin also gets a turning vane under the car to reduce lift and increase downforce, which lets the car turn in more sharply. Lastly, the available 20-inch forged wheels are claimed to weigh 29.2 pounds each, which Hyundai says is about 2.9 pounds less than a standard wheel. Together, that should help shave 11.6 pounds of unsprung mass from the performance-focused EV. Hyundai Hyundai While we expect the Ioniq 6 N to start somewhere in the low-to-mid-$60,000 range, we're still waiting on official details about pricing and availability. With Hyundai having revealed the production-ready car, we shouldn't have to wait too long. Jack Fitzgerald Associate News Editor Jack Fitzgerald's love for cars stems from his as yet unshakable addiction to Formula 1. After a brief stint as a detailer for a local dealership group in college, he knew he needed a more permanent way to drive all the new cars he couldn't afford and decided to pursue a career in auto writing. By hounding his college professors at the University of Wisconsin-Milwaukee, he was able to travel Wisconsin seeking out stories in the auto world before landing his dream job at Car and Driver. His new goal is to delay the inevitable demise of his 2010 Volkswagen Golf. Read full bio This content is imported from Third party. You may be able to find the same content in another format, or you may be able to find more information, at their web site.
Business Standard
28-05-2025
- Business
- Business Standard
fischer's Problem-solvers for Structural Retrofitting - A Future for Existing Buildings
NewsVoir Bengaluru (Karnataka) [India], May 28: The preservation and retrofitting of existing buildings has become one of the most important tasks of the construction industry, not least because of the growing demand for sustainability. fischer's market launches with carbon fibre reinforced polymers (CFRP) and carbon fibre fabrics (CF) allow the structural strengthening of infrastructure constructions and buildings. Additional fischer fixing systems give existing structures an extended service life, post-installed rebar connections, concrete overlay and anchoring caps and edge beams to bridges. fischer is launching its new problem-solvers for one of the greatest challenges faced by the construction market: strengthening and retrofitting existing buildings for their long-term use. As fischer India navigates the evolving landscape of structural retrofitting, Mr. Mayank Kalra, Managing Director of fischer India, emphasizes the critical role our solutions play in enhancing the sustainability and longevity of existing buildings. "With an increasing focus on sustainability and infrastructure optimization, our innovative systems using carbon fibre reinforced polymers (CFRP) and complementary fixing solutions are designed to meet the demands of modern engineering." says Mr. Kalra. These technologies not only strengthen structural integrity but also conform to the highest global standards, making them suitable for a wide range of applications--from urban redevelopment to infrastructure restoration. New systems for reinforcing structural framework The load-bearing capacity of existing structures often needs to be restored or increased, whether it is because the existing building is going to be repurposed, because the structure is in need of improvement or because of the introduction of more stringent building regulations. Other reasons for retrofitting existing buildings can include poor material quality and execution or construction defects. fischer's new products for structural strengthening using carbon fibre reinforced polymers (CFRP) and carbon fibre fabrics (CF) increase the structural performance of reinforced concrete structures, prolonging their service life. The cost-effective solutions are easy to install and can be used for a versatile range of applications such as infrastructure projects or buildings. Various international approvals provide assurance regarding the application of these new systems: a European Technical Assessment (ETA-24/0281) for CFRP laminates bonded into grooves (Near-Surface Mounted) and onto surfaces (Externally Bonded), an ICC-ES evaluation report (ESR-4774) for the CFRP laminate and the CF fabric in addition to a GB code certificate for the carbon fabric system. In addition to this, the individual chemical products comply with the relevant parts of the ten-part European standard EN 1504, which specifies the requirements for various construction products for protecting and maintaining concrete. Post-installed rebar connections With the new fischer RebarConnect FIS RC II vinyl ester hybrid mortar, post-installed rebar connections can be carried out in diameters of 8 - 40 mm and an embedment depth of up to 2 m with an ETA and an approved service life of 100 years. The FRA rebar anchor can also be used for this application. Temperatures of -10 °C to +40 °C in the anchor substrate allow for flexible and universal applications (as per ETA). The ETA further approves designs up to fire resistance class R 240. Short processing and curing times enable quick progress in drill holes created either with hollow or hammer drills. Combined with the right hollow drill, there is no need to clean the drill hole. Rebar connections can also be carried out with a bar diameter of 8 to 40 millimetres at depths of up to 2 m with the fischer FIS EM Plus epoxy resin mortar and with the FRA rebar anchor. In addition to ETA-17/1056 and its ICC approval, the application of the FIS EM Plus for post-installed rebar connections is now regulated by ETA-22/0001 - Post-installed reinforcing bar (rebar) connections with improved bond-splitting behaviour. This serves as the basis for planning post-installed rebar connections in addition to the previous procedures (EN 1992-1-1 (rebar theory) and EN 1992-4 (anchor theory)) in accordance with the TR 069 Technical Report by the European Organisation for Technical Approvals. One advantage is that the TR 069 permits the design of post-installed, rigid rebar connections that do not have to be carried out as overlapping joints. Even without a starter bar in the existing component and with relatively short embedment depths, the particularly rigid connections under static and quasi-static loading are covered by the design method, as significantly higher bond stresses may be applied than according to EC2 Part 1-1. In general, the FIS EM Plus is ideal for permanently and securely transferring heavy loads into concrete, even under extreme conditions. It is also safe in the event of fire (R120 fire assessment) and has a service life of 100 years, according to the ETA. The epoxy resin mortar can be processed in low temperatures of up to -5°C. FIS EM Plus can be used in diamond-drilled drill holes in concrete without requiring additional roughing up. The styrene-free FIS V Plus vinyl ester hybrid mortar can additionally be used for post-installed rebar connections with a diameter of 8 - 28 mm and the fischer FRA rebar anchor. Innovative concrete overlay reinforcements Together with the fischer FIS EM Plus, FIS RC II, FIS V Plus and FIS SB injection systems, the concrete-concrete shear connector FCC is the ideal approved system for repairing and reinforcing buildings, bridges and other structures through concrete overlay. Variable anchoring depths allow ideal adaptation to the acting load. The latest addition to the range is the fischer FCC-B bridge cap anchor (M16-24). This solution can be used in combination with the FIS EM Plus or FIS SB in order to permanently and securely anchor caps and edge beams on bridges and can be adapted to different construction site conditions. The general design approval of the concrete connector FCC provides planners, structural engineers and users with certified safety when using the FCC-B as a bridge cap anchor together with the ETA-assessed injection mortars. Mr. Mayank Kalra reiterates fischer India's commitment to providing future-proof solutions for structural retrofitting. "Our focus is on delivering products that are technically advanced, cost-effective, and easy to implement, ensuring long-term value for engineers, developers, and end-users alike." he affirms. The comprehensive suite of offerings--from carbon-based reinforcement systems to post-installed rebar connections and concrete overlay reinforcements--reflects fischer's mission to support sustainable infrastructure growth while empowering construction professionals with reliable, performance-driven tools.
Fashion Value Chain
28-05-2025
- Business
- Fashion Value Chain
fischer's Problem-solvers for Structural Retrofitting – A Future for Existing Buildings
The preservation and retrofitting of existing buildings has become one of the most important tasks of the construction industry, not least because of the growing demand for sustainability. fischer's market launches with carbon fibre reinforced polymers (CFRP) and carbon fibre fabrics (CF) allow the structural strengthening of infrastructure constructions and buildings. Additional fischer fixing systems give existing structures an extended service life, post-installed rebar connections, concrete overlay and anchoring caps and edge beams to bridges. Structural Retrofitting Existing Buildings fischer is launching its new problem-solvers for one of the greatest challenges faced by the construction market: strengthening and retrofitting existing buildings for their long-term use. As fischer India navigates the evolving landscape of structural retrofitting, Mr. Mayank Kalra, Managing Director of fischer India, emphasizes the critical role our solutions play in enhancing the sustainability and longevity of existing buildings. 'With an increasing focus on sustainability and infrastructure optimization, our innovative systems using carbon fibre reinforced polymers (CFRP) and complementary fixing solutions are designed to meet the demands of modern engineering.' says Mr. Kalra. These technologies not only strengthen structural integrity but also conform to the highest global standards, making them suitable for a wide range of applications-from urban redevelopment to infrastructure restoration. New systems for reinforcing structural framework The load-bearing capacity of existing structures often needs to be restored or increased, whether it is because the existing building is going to be repurposed, because the structure is in need of improvement or because of the introduction of more stringent building regulations. Other reasons for retrofitting existing buildings can include poor material quality and execution or construction defects. fischer's new products for structural strengthening using carbon fibre reinforced polymers (CFRP) and carbon fibre fabrics (CF) increase the structural performance of reinforced concrete structures, prolonging their service life. The cost-effective solutions are easy to install and can be used for a versatile range of applications such as infrastructure projects or buildings. Various international approvals provide assurance regarding the application of these new systems: a European Technical Assessment (ETA-24/0281) for CFRP laminates bonded into grooves (Near-Surface Mounted) and onto surfaces (Externally Bonded), an ICC-ES evaluation report (ESR-4774) for the CFRP laminate and the CF fabric in addition to a GB code certificate for the carbon fabric system. In addition to this, the individual chemical products comply with the relevant parts of the ten-part European standard EN 1504, which specifies the requirements for various construction products for protecting and maintaining concrete. Post-installed rebar connections With the new fischer RebarConnect FIS RC II vinyl ester hybrid mortar, post-installed rebar connections can be carried out in diameters of 8 – 40 mm and an embedment depth of up to 2 m with an ETA and an approved service life of 100 years. The FRA rebar anchor can also be used for this application. Temperatures of -10 C to +40 C in the anchor substrate allow for flexible and universal applications (as per ETA). The ETA further approves designs up to fire resistance class R 240. Short processing and curing times enable quick progress in drill holes created either with hollow or hammer drills. Combined with the right hollow drill, there is no need to clean the drill hole. Rebar connections can also be carried out with a bar diameter of 8 to 40 millimetres at depths of up to 2 m with the fischer FIS EM Plus epoxy resin mortar and with the FRA rebar anchor. In addition to ETA-17/1056 and its ICC approval, the application of the FIS EM Plus for post-installed rebar connections is now regulated by ETA-22/0001 – Post-installed reinforcing bar (rebar) connections with improved bond-splitting behaviour. This serves as the basis for planning post-installed rebar connections in addition to the previous procedures (EN 1992-1-1 (rebar theory) and EN 1992-4 (anchor theory)) in accordance with the TR 069 Technical Report by the European Organisation for Technical Approvals. One advantage is that the TR 069 permits the design of post-installed, rigid rebar connections that do not have to be carried out as overlapping joints. Even without a starter bar in the existing component and with relatively short embedment depths, the particularly rigid connections under static and quasi-static loading are covered by the design method, as significantly higher bond stresses may be applied than according to EC2 Part 1-1. In general, the FIS EM Plus is ideal for permanently and securely transferring heavy loads into concrete, even under extreme conditions. It is also safe in the event of fire (R120 fire assessment) and has a service life of 100 years, according to the ETA. The epoxy resin mortar can be processed in low temperatures of up to -5C. FIS EM Plus can be used in diamond-drilled drill holes in concrete without requiring additional roughing up. The styrene-free FIS V Plus vinyl ester hybrid mortar can additionally be used for post-installed rebar connections with a diameter of 8 – 28 mm and the fischer FRA rebar anchor. Innovative concrete overlay reinforcements Together with the fischer FIS EM Plus, FIS RC II, FIS V Plus and FIS SB injection systems, the concrete-concrete shear connector FCC is the ideal approved system for repairing and reinforcing buildings, bridges and other structures through concrete overlay. Variable anchoring depths allow ideal adaptation to the acting load. The latest addition to the range is the fischer FCC-B bridge cap anchor (M16-24). This solution can be used in combination with the FIS EM Plus or FIS SB in order to permanently and securely anchor caps and edge beams on bridges and can be adapted to different construction site conditions. The general design approval of the concrete connector FCC provides planners, structural engineers and users with certified safety when using the FCC-B as a bridge cap anchor together with the ETA-assessed injection mortars. Mr. Mayank Kalra reiterates fischer India's commitment to providing future-proof solutions for structural retrofitting. 'Our focus is on delivering products that are technically advanced, cost-effective, and easy to implement, ensuring long-term value for engineers, developers, and end-users alike.' he affirms. The comprehensive suite of offerings-from carbon-based reinforcement systems to post-installed rebar connections and concrete overlay reinforcements-reflects fischer's mission to support sustainable infrastructure growth while empowering construction professionals with reliable, performance-driven tools.
