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Carbon Fiber Reinforced Polymers (Hereinafter “CFRP”) are composite materials comprised of carbon fiber and polymer matrix. Essentially, the presence of the former is to provide stiffness and strength and the latter is to cohere the reinforcement together. CFRP is a fiber reinforced plastic positively indulged with high strength and less weight. They are ten times stronger than steel and eight times stronger than aluminum and yet are significantly weightless. In the current scenario, the need for materials with such composites to diminish fuel consumption while sustaining the safety standards is elevated. CFRP is one of many materials that provides such advantage and has eventually achieved successful position in an automotive world. Keeping this in mind, CFRPs have been increasingly used over the past decades to replace metal in applications where light weight has outsized value, primarily for fuel consumption reductions. CFRPs confront a fragmented path: well-established in high-value sectors such as sporting goods, aircraft, armed forces and racing cars. However, it is excluded from most large-volume markets, especially the automotive industry. The continuance of the situation will remain the same until the new method and materials are used to produce CFRPs and eventually lead to reduction of prices. The use of carbon fiber in automotive industry is projected to nearly double from 2015 to 2020, according to recent published reports. According to these estimates, global vehicle production is projected to grow to over 110 million units in 2025 over the next few years, up from an estimated 88.7 million units in 2015. Most of the growth will come from China's rapidly growing economy. One study says the average car would contain almost 350 kilograms of plastics, up from 200 kilograms in 2014. Additionally, although metal and metal alloys continue to be critical to automotive design, automakers are uncovering creative ways to incorporate plastics and composites into their designs to help lower vehicle weight and improve performance. The possibility of the progress in the use of plastics is only expected when there is improvement in materials and reduction in the cost of production. Further, this is prompted by highly aggressive policy targets of the Governments to achieve the Corporate Average Fuel Efficiency (CAFE) standards of 54.5 mpg by 2025. However, to make the targets achievable, fuel economy across the passenger vehicle fleet needs to be increased by around 50 percent. The usage of carbon fibers and polymer matrix composites in a car allows the car to have an estimated reduction of 25 to 70 p