The Global Carbon Fiber market accounted for $4.15 billion in 2018 and is expected to reach $12.49 billion by 2027, growing at a CAGR of 13% during the forecast period.
While the elements like extending use of carbon fiber in the wind energy industry, growing interest for fuel-efficient and lightweight vehicles are driving the growth of the market; the significant expense of carbon fiber and the accessibility of modest other options, such as, fiberglass, are relied upon to obstruct the development of the market.
Based on end user, aerospace & defense end use is likely to have a huge demand in the forecast period due to increasing use of carbon fiber in aircraft, coupled with the increasing number of aircraft launched in the market. By geography, Europe is going to have a lucrative growth during the forecast period due to presence of large aircraft manufacturers, electric car manufacturers, and offshore wind farm installations in the region.
Some of the key players in Global Carbon Fiber market include Mitsubishi Rayon Co., Ltd., Formosa Plastics Corporation, Toray Industries Inc., Jiangsu Hengshen Co. Ltd, Hyosung, Teijin Limited, SGL Group, Solvay, Hexcel Corporation, Dowaksa, ELG Carbon Fibre, Zhongfu Shenying Carbon Fiber Co. Ltd., A&P Technology, Inc., Nippon Graphite Fiber Corporation, and Kureha.
What the report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
5 Global Carbon Fiber Market, By Product Type 5.1 Introduction 5.2 Long Carbon Fiber 5.3 Continuous Carbon Fiber 5.4 Short Carbon Fiber
6 Global Carbon Fiber Market, By Fiber Type 6.1 Introduction 6.2 Recycled Carbon Fiber 6.3 Virgin Carbon Fiber
7 Global Carbon Fiber Market, By Raw Material 7.1 Introduction 7.2 Polyacrtlonitrile (PAN)-Based Carbon Fiber 7.2.1 Large Tow (>24k) 7.2.2 Tow (<_4k__br />7.3 Rayon-Based Carbon Fiber 7.4 Pan-Based Carbon Fiber 7.5 Pitch-Based Carbon Fiber
8 Global Carbon Fiber Market, By Modulus 8.1 Introduction 8.2 High Modulus 8.3 Standard Modulus 8.4 Intermediate Modulus
10 Global Carbon Fiber Market, By End User 10.1 Introduction 10.2 Wind Energy 10.3 Aerospace & Defense 10.3.1 Regional Jets 10.3.2 Rotorcraft 10.3.3 Commercial Aircraft 10.3.4 Defense Aircraft 10.3.5 General Aviation 10.3.6 Helicopter 10.3.7 Space 10.4 Alternative Energy 10.5 Automotive 10.5.1 Exterior Parts 10.5.2 Interior Parts 10.6 Pipe & Tank 10.7 Sporting Goods 10.7.1 Skis 10.7.2 Golf clubs 10.7.3 snowboards 10.7.4 Fishing poles 10.7.5 Rackets 10.8 Pressure Vessels 10.9 Civil Engineering 10.10 Electrical & Electronics 10.11 Marine 10.11.1 Catamarans 10.11.2 Yachts 10.11.3 Racing Boats 10.12 Other End Users 10.12.1 High Speed & Metro Train 10.12.2 Oil & Gas 10.12.3 Medical 10.12.4 Hydrogen Gas Storage 10.12.5 3-D Printing 10.12.6 Catalysis 10.12.7 Electrode for Batteries
11 Global Carbon Fiber Market, By Geography 11.1 Introduction 11.2 North America 11.2.1 US 11.2.2 Canada 11.2.3 Mexico 11.3 Europe 11.3.1 Germany 11.3.2 UK 11.3.3 Italy 11.3.4 France 11.3.5 Spain 11.3.6 Rest of Europe 11.4 Asia Pacific 11.4.1 Japan 11.4.2 China 11.4.3 India 11.4.4 Australia 11.4.5 New Zealand 11.4.6 South Korea 11.4.7 Rest of Asia Pacific 11.5 South America 11.5.1 Argentina 11.5.2 Brazil 11.5.3 Chile 11.5.4 Rest of South America 11.6 Middle East & Africa 11.6.1 Saudi Arabia 11.6.2 UAE 11.6.3 Qatar 11.6.4 South Africa 11.6.5 Rest of Middle East & Africa
12 Key Developments 12.1 Agreements, Partnerships, Collaborations and Joint Ventures 12.2 Acquisitions & Mergers 12.3 New Product Launch 12.4 Expansions 12.5 Other Key Strategies