Carbon Fiber Market report provides historical data by size, share, trends, growth, demand, application, top players & forecasts report 2027.
VANCOUVER, BC, CANADA, August 26, 2021 /EINPresswire.com/ — 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.
Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
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Europe accounted for largest revenue share contribution to the global market in 2020, which is expected to increase significantly during the forecast period. This can be attributed to presence of high end automobile manufacturers as well as major aircraft manufacturers in countries in the region.
The aerospace and defense segment accounted for largest revenue share in 2020. This growth can be attributed to wide usage of carbon fibers in aviation and defense sector owing to lightweight and high strength properties, which in turn increases fuel efficiency and maneuverability of aircraft in flight. Moreover, key players such as Airbus and Boeing have started using carbon fiber composites to build aircraft bodies.
Major companies operating in Carbon Fiber 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.
Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources
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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
Electrical & electronics
Pipe & Tank
Others (medical, oil & gas, 3D printing, high speed & metro train, hydrogen gas storage, electrode for batteries)
All of the segments studied in the research study are analyzed on the basis of BPS, market share, revenue, and other important factors. Our research study shows how different segments are contributing to the growth of the global Carbon Fiber market. It also provides information on key trends related to the segments included in the report. This helps market players to concentrate on high-growth areas of the global Carbon Fiber market. The research study also offers separate analysis on the segments on the basis of absolute dollar opportunity.
Examine the size of the global Carbon Fiber market based on the parameters of value and volume.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Carbon Fiber market.
Explore the underlying dynamics of the global Carbon Fiber market.
Highlight significant trends of the global Carbon Fiber market based on factors including, production, revenue, and sales.
Extensively profile top players of the global Carbon Fiber market and showing how they compete in the industry.
Study manufacturing processes and the costs, product pricing, and various trends associated with them.
Analyze the performance of different regions and countries in the global Carbon Fiber market.
Forecast the market size and share of all segments and regions in the global landscape.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Carbon Fiber Market Segmentation & Impact Analysis
4.1. Carbon Fiber Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
18.104.22.168. Stringent environmental regulations
22.214.171.124. Rising need to reduce bacterial or algal contamination in water systems
126.96.36.199. Increasing demand for biocides for municipal water treatment
4.2.3. Market restraints analysis
188.8.131.52. Fluctuating prices of raw material
184.108.40.206. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Carbon Fiber Market By Application Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Carbon Fiber Market By Product type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Carbon Fiber Market Regional Outlook
Chapter 8. Competitive Landscape