Carbon Fiber Market Growth Drivers, Regional Trends and Forecasts to 2028

Rising demand from aerospace and defense sector and increasing use in manufacture of vehicle components are some key factors driving market revenue growth

The Carbon Fiber market investigation report assesses the global market for the Carbon Fiber industry and provides revenue and capability forecasts for the projected period. The factors that drive the industry's growth are highlighted in the report. The report divides the Carbon Fiber market into main categories such as forms, applications, end-users, technology, and others for a better understanding. These segments are thoroughly examined in order to provide a more accurate outlook for the global and regional markets.

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. 

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Top Companies Operating in the Carbon Fiber Market and Profiled in the Report 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 projects the market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position.

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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; 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 latest report on the global Carbon Fiber market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Carbon Fiber market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects

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Carbon Fiber Market Segmentation by Regions:

  • 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)

Objectives of the Report:

  • Study of the global Carbon Fiber market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Carbon Fiber market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Carbon Fiber market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Carbon Fiber market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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