The latest research report, titled ‘Global Carbon Fiber Market’, can be considered a profound analysis of the global Carbon Fiber industry that focuses on crucial data and information pertaining to the sales and revenue shares. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Carbon Fiber market. The report offers a holistic coverage of the Carbon Fiber market, laying emphasis on the key factors influencing the industrial growth, technological developments taking place in the industry, and current and emerging trends witnessed in the leading regional markets.
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.
The current COVID-19 pandemic is expected to have an effect on the growth of the Carbon Fiber industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Carbon Fiber sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Carbon Fiber industry.
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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 R&D 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
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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
Global Carbon Fiber Market Report – Segmental Analysis:
The global Carbon Fiber business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Carbon Fiber business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.
- 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
- Wind Energy
- Sporting Goods
- Electrical & Electronics
- Civil Engineering
- Pipe & Tank
- Others (medical, oil & gas, 3D printing, high speed & metro train, hydrogen gas storage, electrode for batteries)
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- 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)
Key Questions Answered by the Report:
- Which region is expected to dominate the market in the coming years?
- What are the recent technological and product advancements occurring in the market?
- What are the key strategies adopted by the prominent players in the Carbon Fiber market?
- What are the key product types and applications of the Carbon Fiber industry?
- What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
- How is the competitive landscape of the Carbon Fiber market?
- Who are the key players in the industry?
- What is the growth rate of the industry over the coming years?
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