NEW YORK, Dec. 17, 2015 /PRNewswire/ -- This BCC Research report provides a comprehensive understanding of advances in structural carbon materials manufacturing, their commercial applications, and worldwide markets. Includes forecast through 2020.
Use this report to:
Gain insight into the advances in structural carbon materials manufacturing, their commercial applications, and worldwide markets.
Identify the trends in the major types of structural carbon materials, including key physical and chemical properties, raw materials and manufacturing processes.
Evaluate present consumption and future demand for advanced structural carbon materials for the United States and other major geographical markets.
Assess the impact of governmental regulations.
Highlights
The U.S. market for advanced structural carbon materials totaled $2.3 billion in 2014. The market should reach more than $2.4 billion in 2015 and $3.3 billion in 2020, demonstrating a compound annual growth rate (CAGR) of 6.3% from 2015 to 2020.
The aerospace and defense sector is the largest U.S. market for structural carbon materials and totaled $1.2 billion in 2014 and nearly $1.3 billion in 2015. The market should grow at a CAGR of 3.4%, leading to a projected market of $1.5 billion by 2020.
Energy applications are the third-largest market for structural carbon materials, totaling $0.3 billion in 2014 and $0.4 billion in 2015. The market should reach $0.6.billion by 2020, demonstrating a CAGR of 11.1% from 2015 to 2020.
STUDY GOALS AND OBJECTIVES
The overall goal of this study is to provide a comprehensive understanding of advances in structural carbon materials manufacturing, their commercial applications, and worldwide markets. For the purposes of this report, these materials are defined to include all types of carbon fibers, carbon foams, monolithic structural graphite,
carbon-reinforced carbon composites and certain graphene materials.
Specific objectives of the study include describing the major types of structural carbon materials, including key physical and chemical properties, raw materials and manufacturing processes. Commercial applications in which these materials are used will be discussed.
Present consumption and future demand for these materials will be evaluated for the United States and other major geographical markets. Trends in technology will be analyzed and forecasted. The impact of governmental regulations will be assessed. The dynamics of the structural carbons industry will be outlined along with profiles of key manufacturers.
REASONS FOR DOING THE STUDY
This study is an update of an earlier BCC report that was published in 2013. The structural carbon materials industry and markets have continued to develop in the two years since the previous edition was published.
The structural carbon materials industry serves mature markets such as defense and aerospace, with a wide variety of products satisfying the requirements of well-established applications. However, continuous technical innovations and efforts to make structural carbon technologies available for new applications (at affordable
prices) are leading to the development of new markets.
Corporations in the structural carbons industry need to understand the significance of these trends to manage their enterprise and resources effectively. Users of structural carbons must also understand the effect of these changes in order to select the most cost-effective option among newly available products and technologies prior to committing significant capital resources.
SCOPE OF REPORT
This report covers technological, economic and business conditions in the structural carbons industry. Although this report is primarily a study of the U.S. market, analysis, forecasts are also provided for global markets. Included in this report are descriptions of market forces relevant to the structural carbons industry and their areas of application.
The U.S. market is presented by type of structural carbons along with growth forecasts through 2020. The driving forces in the industry and the structure of the industry are also examined.
International aspects of the structural carbons industry are discussed with respect to all the geographic regions and type of structural carbon material. Lastly, brief profiles of the major manufacturers are presented.
Read the full report: http://www.reportlinker.com/p099464-summary/view-report.html
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
http://www.reportlinker.com
__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001
SOURCE Reportlinker
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article