What is Airships Carbon Fiber Reinforced Polymer Market?
Airships Carbon fibre reinforced polymers are composite materials that rely on carbon fibre for strength and stiffness, while the polymer acts as a cohesive matrix to protect and hold the fibres together, as well as providing some toughness. CFRP bars are produced with a variety of surface textures, which have a significant impact on their bond behaviour as NSM reinforcement. Their surface can be smoothed, sandblasted, sandcoated, or roughened with a peel-ply surface treatment. Round bars can also be spirally wound or ribbed with a fibre tow. Carbon fibre reinforced polymer (CFRP) composite materials are finding increased use in a variety of fields. They are strong and light, and are used in airships where high strength-to-weight ratios are required.
Highlights from Airships Carbon Fiber Reinforced Polymer Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Toray Industries, Inc. (Japan), Mitsubishi Chemical Holdings (Japan), Hexcel Corporation (United States), Teijin Limited (Japan), SGL Group (Germany), Solvay (Belgium), Hyosung (South Korea), AKSA (Turkey), Crosby Composites (United Kingdom) and Cytec (United States) |
The global airships carbon fiber reinforced polymer market is largely competitive and consists of several vendors who compete based on factors such as features, product quality, size, and product pricing. According to the carbon fiber reinforced polymer market share analysis research report, intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant risk factors for manufacturer’s growth.
Toray Industries, Inc. (Japan), Mitsubishi Chemical Holdings (Japan), Hexcel Corporation (United States), Teijin Limited (Japan), SGL Group (Germany), Solvay (Belgium), Hyosung (South Korea), AKSA (Turkey), Crosby Composites (United Kingdom) and Cytec (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Formosa Plastics Corporation, GKN, Gurit, Nippon Graphite Fibre Corporation, Plasan Carbon Composites and TenCate. Airships Carbon Fiber Reinforced Polymer Market Segmentation:
Scope | Sub-Segments |
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Carbon Fibers | UHM (Ultra High Modulus),HM (High Modulus),IM (Intermediate Modulus),HT (High Tensile, Low Modulus),SHT (Super High Tensile) |
Manufacturing Process | Lay-up,Resin Transfer Molding,Filament Winding,Compression Molding,Injection Molding,Pultrusion,Others |
Source | Virgin,Recycled |
Precursor Polymer | Polyacrylonitrile (PAN),Rayon,Petroleum Pitch |
On the basis of geography, the market of Airships Carbon Fiber Reinforced Polymer has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Turkey, Rest of Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Airships are constructed with carbon fiber and aluminum frame inside skin of shiny mylar composite material
Market Growth Drivers:
Government stimulus packages for aerospace and other industries for the COVID-19 crisis, Increase in demand for fuel-efficient vehicles and Increasing demand from the wind energy industry
Challenges:
Maintaining uninterrupted supply chain and operating at full capacity and Development of technology to reduce cycle time
Restraints:
Decrease in number of commercial aircraft deliveries, Disruption in supply chain and lower production capacity utilization due to COVID-19 pandemic and High cost of carbon fiber
Opportunities:
Reduction in the cost of carbon fiber, Potential opportunities in new applications and Growing demand from emerging markets
Key Target Audience
Airships Carbon Fiber Reinforced Polymer Manufacturer, Raw Material Suppliers, Airships Carbon Fiber Reinforced Polymer Suppliers/Distributors, Government Bodies & Consulting Firm, Industrial Infrastructure and Others
Market Leaders & Development Strategies
Teijin Limited acquired Renegade Materials Corporation, a North American supplier of highly heat-resistant thermoset prepreg for the aerospace industry. This contributed to the company's position as a leading provider of solutions for aerospace applications.
Solvay and SGL Carbon signed a joint development agreement (JDA) to bring the first composite materials based on large-tow intermediate modulus (IM) carbon fibre to market. These materials address the need to lower costs and CO2 emissions while also improving the manufacturing process and fuel efficiency of next-generation commercial aircraft.