Carbon Fibers Market Is Estimated To Grow At CAGR Of 8.6%,


Isle of Man, Nov. 21, 2022 (GLOBE NEWSWIRE) — Douglas Insights has analyzed various aspects of the Carbon Fibers Market and revealed the changes in market trends due to the increasing demand from wind, energy, aerospace, and other similar industries. Its comparison engine has generated many research articles and reports, making it possible for several experts, analysts, and researchers to obtain essential information relating to key growth drivers and market restraints to make predictions and provide reports offering many insights into the global recycling market. The digital tool effectively compares all existing research and Publisher Ratings, Table of Contents, and Publication Dates.

Compare the report and make your decision:

Market Insights

The global market for Carbon Fibers is expected to see an upward trend in the following forecast period with an 8.6% increase in CAGR by the year 2031. Carbon fibers are made from carbon atoms with a diameter of between 5 to 10 micrometers. They are high-strength and stiffness fibers, capable of withstand high temperatures with very low thermal expansion. They are also low in weight and have significant chemical-resistant properties. Because of these various properties, Carbon Fibers are used in the military, the aerospace industry, civil engineering, and in motorsports. 

The Covid-19 pandemic had a negative impact on the growth of the Carbon Fibers Market. The onset of the pandemic disrupted global supply chains, and the worldwide lockdowns and restrictions on travel meant that the market declined. Because of this, industries that relied on the production of Carbon Fibers were badly impacted. However, as the pandemic settled, the Carbon Fibers Market was able to pick up again and start seeing an upward trend. 

The biggest driver of the Carbon Fibers Market is the increasing demand from wind, energy, aerospace, and other similar industries. This rise in demand is expected to drive the growth of the market. Additionally, the global adoption of more stringent and eco-friendly regulations is another driver to the market since various industries will have to shift to the use of Carbon Fibers in their machinery and applications. 

Carbon Fibers production is also expected to increase globally due to its use in the new and expanding 3D printing technologies. Continuous Carbon Fibers make the 3D printing process much more streamlined and optimized. And, because 3D printing is gaining traction and being used in various industries, including the medical industry, this offers more opportunities for the growth of the Carbon Fibers Market. 

A serious restraint to consider when it comes to the Carbon Fibers Market is the high production costs of Carbon Fibers. Because of the high costs, Carbon Fibers have not become as commercialized as they could be. With technological advancements kept in mind, it may still be a number of years before Carbon Fibers can be produced at a low enough cost to compete with other, cheaper fibers such as PAN fibers. 

Key players

As for market share, Europe held the largest share of the Carbon Fibers Market in the last few years and is expected to continue to do so in the next forecast period until 2031. This is, in large part, due to Europe having the most innovative and advanced aerospace and defense industries in the world. Some of the key market players to consider in the Carbon Fibers Market include Toray Industries (Japan), SGL Carbon (Germany), Hexcel Corporation (US), Teijin Limited (Japan), Mitsubishi Chemical Holdings (Japan), and Solvay (Belgium). 

Set a budget for a custom project and see offers from publishers all over the world:

Carbon Fibers Market Report Coverage

Report Attributes Details
Market Size in 2018  US$ ** BN
Market Size Projection in 2031  US$** BN
CAGR 8.6%
Largest Market North America
Report Segmentation By Value, By Raw Material Type, By Fiber Type, By End User, By Region
Regional Analysis North America (US, Canada), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Europe (U.K, Germany, Italy, France, Spain, Russia and Rest of Europe), APAC (China, Japan, India, South Korea, Australia, ASEAN and Rest of Asia Pacific), ME (GCC Countries, Israel, and Rest of Middle East) & Africa (South Africa, North Africa and Central Africa)
Key Companies Covered Toray Industries Co., Ltd. Teijin Limited, Hexcel Corporation, SGL Carbon, Mitsubishi Chemical, Formosa Plastics, Hyosung Corporation, Solvay Corporation, Nippon Carbon Co., Ltd., Kureha Corporation


By Raw Material Type

  • Polyacrylonitrile,
  • Pitch & Rayon

By Fiber Type

By End Users

  • Aviation,
  • Aerospace & Defense,
  • Automotive,
  • Wind Energy,
  • Construction,
  • Sports Equipment,
  • Others

Key questions answered in this report

  • COVID 19 impact analysis on global Carbon Fibers industry.
  • What are the current market trends and dynamics in the Carbon Fibers market and valuable opportunities for emerging players?
  • What is driving Carbon Fibers market?
  • What are the key challenges to market growth?
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which product type segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Carbon Fibers market?
  • Key growth pockets on the basis of regions, types, applications, and end-users
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?

Unique data points of this report

  • Statistics on Carbon Fibers and spending worldwide
  • Recent trends across different regions in terms of adoption of Carbon Fibers across industries
  • Notable developments going on in the industry
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2028 (forecast)

Table of Content:

1. Report Scope and Methodology

1.1 Scope of the Report

1.2 Research Methodology

1.3 Executive Summary

2. Strategic Recommendations

3. Carbon Fiber Market: Product Overview

4. Global Carbon Fiber Market: An Analysis

4.1 Market Size, By Value,

4.2 Market Size, By Volume,

4.3 Impact of COVID-19 on Carbon Fiber Market

4.4 Global Carbon Fiber Market

5. Global Carbon Fiber Market Segmentation,  By Raw Material (Value)

5.1 Global Carbon Fiber Market: Segment Analysis

5.2 Competitive Scenario of Carbon Fiber Market: By Raw Material

5.3 By Polyacrylonitrile (PAN)– Market Size and Forecast

5.4 By Pitch & Rayon– Market Size and Forecast

6. Global Carbon Fiber Market Segmentation,  By Fiber Type (Value)

6.1 Global Carbon Fiber Market: Segment Analysis

6.2 Competitive Scenario of Carbon Fiber Market: By Fiber Type

6.3 By Virgin– Market Size and Forecast

6.4 By Recycled– Market Size and Forecast

7. Global Carbon Fiber Market Segmentation, By End User (Value)

7.1 Global Carbon Fiber Market: Segment Analysis

7.2 Competitive Scenario of Global Carbon Fiber Market: By End User

7.3 By Aviation, Aerospace & Defense– Market Size and Forecast

7.4 By Automotive– Market Size and Forecast

7.5 By Wind Energy– Market Size and Forecast

7.6 By Construction– Market Size and Forecast

7.7 By Sports Equipment– Market Size and Forecast

7.8 By Others– Market Size and Forecast

8. Global Carbon Fiber Market: Regional Analysis

8.1 Competitive Scenario of Global Carbon Fiber Market: By Region

9. Americas Carbon Fiber Market: An Analysis

9.1 Americas Carbon Fiber Market by value: Size and Forecast

9.2 Americas Carbon Fiber Market: Prominent Companies

9.3 Market Segmentation By Raw Material (Polyacrylonitrile, Pitch & Rayon )

9.4 Market Segmentation By Fiber Type (Virgin, Recycled)

9.5 Market Segmentation By End User (Aviation, Aerospace & Defense, Automotive, Wind Energy, Construction, Sports Equipment, Others)

9.6 Americas Carbon Fiber Market: Country Analysis

9.7 Market Opportunity Chart of Americas Carbon Fiber Market – By Country, By Value (Year-2026)

9.8 Competitive Scenario of Americas Carbon Fiber Market– By Country

9.9 United States Carbon Fiber Market: Size and Forecast

9.10 United States Carbon Fiber Market Segmentation By Raw Material, By Fiber Type, By End User

9.11 Canada Carbon Fiber Market: Size and Forecast

9.12 Canada Carbon Fiber Market Segmentation By Raw Material, By Fiber Type, By End User

…………….. ToC continued

Compare the report and make your decision –

Inquire Before Buying This Research Report:

Follow Douglas Insights For More Industry Updates- @ LinkedIn Twitter

About Douglas Insights-

Douglas Insights UK Limited is the first company to provide comparison of market research reports by Table of content, price, ratings and number of pages. We understand the value of time. Productivity and efficiency are possible when you take prompt and assured decisions. With our advanced algorithm, filters, and comparison engine, you can compare your preferred reports simultaneously, based on publisher rating, published date, price, and list of tables. Our data portal enables you to find and review the reports from several publishers. You can evaluate numerous reports on the same screen and select the sample for your best match.

Similar Market Research Report Comparisons:

Pre Oxidized Carbon Fiber Cloth Market: Pre oxidized carbon fibre cloth is made at high temperatures in an air oven to provide stability to the molecular structure of the cloth. It results in high-performance fabric with a wide range of applications in numerous industries.

Carbon Fiber Bike Market: Carbon fibre bikes are no longer used only by the elite. Their use has become more common. They are popular because of their light frame, smooth and comfortable ride, and increased durability. 

Carbon Fiber Reinforced Plastic (CFRP) Market: The global carbon fiber reinforced plastic market was valued at US$ 32.21 billion in 2016.

Carbon Fiber Reinforced Polycarbonate Market: The demand for tube packaging is growing significantly in the North American market primarily due to factors such as the growing demand from the food & beverage industry and the proliferation of the packaging industry.


Source link


Please enter your comment!
Please enter your name here