In the Global Carbon Fiber Market Research Report published by Emergen Research, key business details are analyzed along with a geographical overview of the Carbon Fiber industry, which provides extensive analysis of this sector. This study provides a comprehensive look at the Carbon Fiber market from both a qualitative and quantitative perspective as well as crucial statistical information about the market. As of 2024, the research study provides historical data and offers forecasts up to 2032. Furthermore, the report describes emerging and established players of the market, providing an overview of their business, their product portfolio, their strategic alliances, and their plans for expansion.
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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Market Dynamics:
The report offers insightful information about the market dynamics of the Carbon Fiber market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Carbon Fiber market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Carbon Fiber market.
Radical Highlights of the Carbon Fiber Market Report:
- Comprehensive overview of the Carbon Fiber market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements on the Carbon Fiber market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
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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Carbon Fiber Market Segmentation:
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)
Regional Segmentation;
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)
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