Lux Research Forecasts That the Carbon Fiber Reinforced Plastics Market Will Grow to $64 Billion by 2030
2020-09-27
Carbon fiber reinforced polymers (CFRPs) are a critical class of performance materials, but disruptions from COVID-19 have made the future of the industry uncertain. In a new report, “The Future of Carbon Fiber Composites,” Lux Research outlines major challenges and opportunities carbon fibers and CFRPs face and how standardization and recycling are enabling the CFRP market to grow to a $64 billion industry by 2030.
