Global Carbon Fiber Market is expected to cross USD 6.36 billion by 2025.

 The global carbon fiber market is expected to cross USD 6.36 billion by 2025. The carbon fiber industry witnessed growth trends in the carbon fiber, composite markets possessed identical features, and the significance was higher in terms of volume in 2016. Rise in end-user applications coupled with diversified uses of carbon fibers in various domains added to the market growth then. The growth trends exhibited positive traction owing to rising CAGR on yearly basis.


At present, the carbon fiber market is driven by rise in demand for carbon fiber from automotive and aerospace industries and lightweight vehicles. In addition, the augmented demand for fuel-efficient vehicles coupled with stringent regulations by government pertaining to vehicle pollution is expected to drive the market growth. The carbon fiber industry is expected to gain a positive traction in the forthcoming period due to mass production of electronic items, automotive applications in cars and rise in industrial use.


Carbon fiber market is segmented by raw material, inclusive of PAN-based and Pitch based. PAN based carbon fibers accounted for a higher CAGR in the forecast period owing to wider use in numerous applications. By tow size, the market segmentation includes small tow and large tow. Small tow carbon fibers are widely used for numerous applications owing to its versatile features.


Download Free sample Report https://www.millioninsights.com/industry-reports/carbon-fiber-market-size/request-sample


By Application, the carbon fiber industry is segmented as sport equipment, aerospace & defense, molding & compounding, automotive, construction and pressure vessels. Aerospace & defense account for a significant CAGR in the forthcoming period due to extensive use of carbon fibers in production and assembling.


Geographical segmentation for carbon fiber market includes North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America is expected to rise at a higher CAGR in the forthcoming period owing to presence of aircraft makers for commercial and defence purpose. Increase in automobile production emphasizing high performance cars is expected to drive the regional market. Europe is anticipated to be a large and rapidly growing market owing to stringent regulations emphasizing environmental pollution. The key players in the carbon fiber industry include BASF SE, Teijin Limited, Hexcel Corporation, SGL Group and Mitsubishi Rayon Co Ltd.


Market Segment:


Carbon Fiber Raw Material Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

    • PAN Based

    • Pitch Based


Carbon Fiber Tow Size Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

    • Small Tow

    • Large Tow


Carbon Fiber Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

    • Automotive

    • Aerospace & Defense

    • Wind Turbines

    • Sports equipment

    • Molding & Compounding

    • Construction

    • Pressure vessels

    • Others


Carbon Fiber Regional Outlook (Tons, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Mexico

        • Canada

    • Europe

        • Germany

        • France

        • UK

    • Asia Pacific

        • Japan

        • China

        • Taiwan

    • Central & South America (CSA)

        • Brazil

    • Middle East & Africa (MEA)


Browse Full Research Report with TOC:  https://www.millioninsights.com/industry-reports/carbon-fiber-market-size

continue........


Get In Touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com


Global Headquarters

Million Insights

Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States

Phone: 1-408-610-2300

Email: sales@millioninsights.com


Asia Pacific

Million Insights

Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India

Phone: 91-20-65300184

 

 


Comments

Post a Comment

Popular posts from this blog

Bright Steel Wire Rope Market 2020 - 2024: Worldwide Opportunities, Market Share, Key Players Tokyo Rope, Kiswire, & Certex UK

Bright steel wire rope refers to general wire rope without surface treatment, normally lubricated with grease to protect the wire rope from corroding. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Bright Steel Wire Rope Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China). In this report, the global Bright Steel Wire Rope market is valued at USD XX million in 2020 and is projected to reach USD XX million by the end of 2024, growing at a CAGR of XX% during the period 2020 to 2024. The report firstly introduced the Bright Steel Wire Rope basics: definitions, classifications, applications and market overview; product
Read more

Plastic Reanimation Machine Market 2020-2024 | Prominent Drivers, Segmentation, Growth Rate, Overview & Future Prospects

 In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Plastic Reanimation Machine Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China). In this report, the global Plastic Reanimation Machine market is valued at USD XX million in 2020 and is projected to reach USD XX million by the end of 2024, growing at a CAGR of XX% during the period 2020 to 2024. Request a Sample Copy of This Report: https://www.radiantinsights.com/research/global-plastic-reanimation-machine-market-research-report-2020-2024/request-sample The report firstly introduced the Plastic Reanimation Machine basics: definitions, classifications, applications and mar
Read more

Global Sodium Monofluorophosphate Market Status 2019: New Report with Strategies, Growth Factors By 2023

18-apr-2019 Sodium Monofluorophosphate Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Sodium Monofluorophosphate basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis. The report includes six parts, dealing with: 1.) Basic Information; 2.) Asia Sodium
Read more