BIS Research - Emerging Technology Market Intelligence

Continuous Fiber Composites (CFC) – Increasing Its Foothold in the Aerospace Industry

Oct 5, 2018 3:31:37 AM / by BIS Research posted in cfc industry, CFC industry analysis, cfc market growth, CFC market report, cfc market trends, CFC market for aerospace industry, CFC market research, CFC market size, Advanced Materials & Chemicals, global CFC Market, global CFC market forecast, global CFC market share, global continuous fiber composites, Global Continuous Fiber Composites Market

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Continuous Fiber composites (CFC) are the perfect amalgamation of variety of materials, fibers and resins, etc. Based on the type, CFCs are categorized by fiber type which is further classified into carbon and glass fibers. CFCs are used across industries including automotive, electrical & electronics, construction, energy, sports goods and aerospace & defense. CFCs are particularly known for their lightweight, high strength, high resistance against corrosion and excessive heat & fatigue. Also, they are easy to maintain and have long serviceable life with stiffness retention properties. In the aerospace industry, the type of CFC that is being widely used are both glass Fiber reinforced plastic (GFRP) and carbon Fiber reinforced plastic (CFRP). CFCs are also classified based on their applications and on the end-use industries. According to a recent market research report published by BIS Research titled, Global CFC Market for Aerospace Industry – Focus by Type and Application, the market for Aerospace Industry is anticipated to grow at a CAGR of 5.1% till 2023.

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Continuous Fibre Composites Gaining Traction in Automotive Industry

May 1, 2018 5:58:43 AM / by BIS Research posted in Continuous Fiber Composites Market forecast, Continuous Fiber Composites research, Advanced Materials & Chemicals, Continuous Fiber Composites Market analysis, Continuous Fiber Composites Market growth, Continuous Fiber Composites Market report, Continuous Fiber Composites trends, Fiber Composites Market share, Global Continuous Fiber Composites Market

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Earlier, wood, cast iron, stone, copper, and brick materials were used in different industries such as automotive, aerospace & defense, wind energy, and construction industry. However, the usage of these materials poses certain problems such as low resistance to temperature, corrosion, heat and huge maintenance costs. To overcome such shortcomings, light materials such as Continuous Fibre composites are used. Over the last decade, these materials are used significantly owing to the various advancements in the technology.  According to the latest market intelligence report by BIS Research titled, ‘Global Continuous Fibre Composite Market – Analysis and Forecast (2017-2022)’, the market is expected to reach $3.45 billion by 2022. The market is driven by stringent government regulations compelling the use of continuous fibre composites, superior properties as compared to the conventional materials, and rising demands for continuous fibre thermoplastic from various end-user industries.

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