The globalcarbon fiber marketsize is expected to reach USD 12.93 Billion and register a robust revenue CAGR of 10.8% during the forecast period. Carbon fibers are strong and highly durable to stress, which makes the material highly dependable for a variety of critical and simple applications and products. Aircraft operating in aviation and defense sectors require strength and need to be light weight to function efficiently. The advantages and benefits associated with carbon fiber such as high tensile strength, lightweight, high stress resistance, corrosion resistance, and flexibility makes the material ideal for manufacturing of high end aircraft and related parts and components.
Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.Rising demand from aerospace and defense sector and increasing use in manufacture of vehicle components are some key factors driving market revenue growth
High demand for next generation single-aisle aircrafts is another factor driving steady growth of the market. High end automobile manufacturers such as Bentley and BMW use carbon fibers in exterior components such as bumpers, bonnets, and front ends of vehicles. New technological advancements in the field of carbon fiber is also propelling market growth due to adoption of this material in an expanding range of applications and areas.
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Major companies operating in Carbon Fiber are Toray Industries Inc., SGL Group, Hexcel Corporation, Mitsubishi Rayon Co. Ltd., Teijin Limited, Formosa Plastics Corporation, Solvay, Jiangsu Hengshen Co. Ltd., Hyosung, and DowAksa.
The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Carbon Fiber market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
For this report, Emergen Research has segmented the global carbon fiber market based on raw material, product type, end use, and region.
- Raw Material Outlook (Revenue, USD Billion; 20182028)
- PANbased carbon fiber
- Pitchbased carbon fiber
- Rayonbased carbon fiber
- Product Type Outlook (Revenue, USD Billion; 20182028)
- Continuous carbon fiber
- Long carbon fiber
- Short carbon fiber
- End-Use Outlook (Revenue, USD Billion; 20182028)
- Aerospace defense
- Wind Energy
- Sporting goods
- Electrical electronics
- Civil Engineering
- Pipe Tank
- Others (medical, oil gas, 3D printing, high speed metro train, hydrogen gas storage, electrode for batteries)
The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. According to the regional analysis, the market is primarily spread over key geographical regions as follows:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Carbon Fiber market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline.
Carbon Fiber Key Coverage of report:
Carbon Fiber Market share valuations of the segments on a country and global level.
Carbon Fiber Market share analysis of the major market players.
Opportunities and growth prospects for the new Carbon Fiber7 market entrants.
Carbon Fiber Market forecast for all the segments, sub-segments of the market.
Carbon Fiber Market Trends (drivers, restraints, opportunities, challenges, threats, investment opportunities, and approvals)
Strategic endorsements in the key business segments on the basis of Carbon Fiber market valuations.
Competitive landscape mapping of the key development patterns.
Company profiling with detailed strategies, financial details, and recent developments.
Latest supply chain trends and technological advancements.
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Table of Content
Chapter 1.Carbon FiberMarket Methodology Sources
1.1.Carbon FiberMarket Definition
1.2.Carbon FiberMarket Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5.Carbon FiberMarket Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2028
Chapter 3. Key Insights
Chapter 4.Carbon FiberMarket Segmentation Impact Analysis
4.1.Carbon FiberMarket Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1.Carbon FiberMarket indicators analysis
4.2.2.Carbon FiberMarket drivers analysis
126.96.36.199. Increasing energy consumption and prices
188.8.131.52. Rising government policies regarding energy efficiency
184.108.40.206. Increasing smart grid services
4.2.3.Carbon FiberMarket restraints analysis
220.127.116.11. Highly competitive with presences of local global players
18.104.22.168. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porters Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5.Carbon FiberMarket By Form Factor Insights Trends, Revenue (USD Billion)
Chapter 6.Carbon FiberMarket By Input type Insights Trends Revenue (USD Billion)
Chapter 7.Carbon FiberMarket By Application Insights Trends, Revenue (USD Billion)
Chapter 8.Carbon FiberMarket By End-use Insights Trends, Revenue (USD Billion)
Chapter 9.Carbon FiberMarket Regional Outlook
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