The Global Carbon Fiber Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Carbon Fiber Market studies the market scenario to offer growth projections for the Carbon Fiber industry. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
The global carbon fiber market size is expected to reach USD 12.93 Billion and register a robust revenue CAGR of 10.8% during the forecast period, according to latest analysis by Emergen Research. This steady market revenue growth can be attributed to rising demand for carbon fiber from aerospace and defense sector as well as from automotive, marine, and sports industries and sectors. 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. 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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Research Report on the Carbon Fiber Market Addresses the Following Key Questions:
- Who are the dominant players of the Carbon Fiber market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Carbon Fiber market?
- What are the key growth drivers and restraining factors of the Carbon Fiber market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Carbon Fiber market and its key segments?
Market Overview:
The report bifurcates the Carbon Fiber market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Carbon Fiber market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Leading companies operating across the global Carbon Fiber market:
Toray Industries Inc., SGL Group, Hexcel Corporation, Mitsubishi Rayon Co. Ltd., Teijin Limited, Formosa Plastics Corporation, Solvay, Jiangsu Hengshen Co. Ltd., Hyosung, and DowAksa
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- Market Summary:
- Product Outlook:
- Production, by product type
- Revenue, by product type
- Price, by product type
- Application Outlook:
- Consumption, by application
- Market Share, by application
- Geographical Breakdown:
- Production, by region
- Revenue, by region
- Consumption, by region
- Manufacturers’ Overview:
- Production Locations and Areas Served
- Product Launch, Application, and Specification
- Production, Revenue, Ex-factory Price, and Gross Margin
- Key Businesses
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Regional Landscape section of the Carbon Fiber report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- 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)
Global Carbon Fiber Market Report – Segmental Analysis:
The global Carbon Fiber business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Carbon Fiber business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.
- Raw Material Outlook (Revenue, USD Billion; 2018–2028)
- PAN–based Carbon Fiber
- Pitch–based Carbon Fiber
- Rayon–based Carbon Fiber
- Product Type Outlook (Revenue, USD Billion; 2018–2028)
- Continuous Carbon Fiber
- Long Carbon Fiber
- Short Carbon Fiber
- End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Electrical & Electronics
- Civil Engineering
- Pipe & Tank
- Marine
- Others (medical, oil & gas, 3D printing, high speed & metro train, hydrogen gas storage, electrode for batteries)
The report provides a comprehensive analysis in an organized manner in the form of tables, graphs, charts, figures, and diagrams. The organized data paves the way for thorough examination and research of the current and future outlook of the market. The report further offers a thorough SWOT and Porter’s Five Forces analysis to impart a better understanding of the competitive landscape of the Carbon Fiber market.
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