Press release
Carbon Fiber Market 2018 | Top Most Players | Teijin, Mitsubishi Rayon Co, Excel Trust, Toray Industries, SGL Carbon India Pvt ltd and BASF
Competitive InsightsThe leading players in the market are Teijin, Mitsubishi Rayon Co, Excel Trust, Toray Industries, SGL Carbon India Pvt ltd and BASF. Major industry members have reconciliation all through the esteem chain. The organizations have cantered their operations to create the raw materials and furthermore make the product, to reduce the product cost.
Carbon Fiber Market – Industry Highlights
The Carbon Fiber Market was worth USD 2.09 billion in 2014 and is expected to reach approximately USD 5.26 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 10.83% during the forecast period. Expanding demand for this product from aerospace and automotive businesses is probably going to drive the product request. Expanding automotive demand combined with rising requirement for lightweight vehicles is foreseen to fuel the request over the figure time frame. Requirement for fuel-effective vehicles alongside government controls with respect to automotive contamination are expected to play a significant part amid the conjecture time frame.
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Raw Material Outlook and Trend Analysis:
The essential raw materials in carbon fiber fabricating are polyacrylonitrile (PAN) or pitch. The better properties of PAN are normal than result in more extensive acknowledgment in different applications. The worldwide PAN market is slated to develop at a significant CGAR over the forecast period. Expanding interest for higher quality to weight proportion carbon fiber, PAN antecedent is generally used by virtue of its unrivalled material properties.
Application Outlook and Trend Analysis:
Wind turbines section is anticipated to be the quickest developing application fragment, with a tremendous CAGR amid the gauge time frame. Expanding requirement for energy effective and light weight wind turbines is foreseen to drive product demand for wind turbines application fragment. The aviation & defense fragment held the biggest share owing to its developing prerequisite for lightweight materials. The quickly developing aviation industry is additionally anticipated that would grow the application base noticeable all around transport division.
Regional Outlook and Trend Analysis:
North America is anticipated to develop tremendously. The region is set apart by a huge centralization of the principle aircraft creators, for example, Airbus and fundamental defence instruments producers in the region. Automobile giants in North America, accentuate on assembling superior autos with lessened weight, additionally driving the market in the area. Europe is anticipated to be the biggest and additionally quickest developing business sector in the following years.
Carbon Fiber Market - By Region:
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Carbon Fiber Market - Table of Contents:
1. Introduction
2. Executive Summary
3. Market Overview
4. Carbon Fiber Market, By Raw Material
5. Carbon Fiber Market, By Size
6. Carbon Fiber Market, By Application
7. Carbon Fiber Market, By Region
10. Company Profiles
10.1. Teijin
10.1.1. Business Overview
10.1.2. Product Portfolio
10.1.3. Strategic Developments
10.1.4. Carbon Fiber Sales, Revenue and Market Share
10.2. Mitsubishi Rayon Co
10.2.1. Business Overview
10.2.2. Product Portfolio
10.2.3. Strategic Developments
10.2.4. Carbon Fiber Sales, Revenue and Market Share
10.3. Excel Trust
10.3.1. Business Overview
10.3.2. Product Portfolio
10.3.3. Strategic Developments
10.3.4. Carbon Fiber Sales, Revenue and Market Share
10.4. Toray Industries
10.4.1. Business Overview
10.4.2. Product Portfolio
10.4.3. Strategic Developments
10.4.4. Carbon Fiber Sales, Revenue and Market Share
10.5. SGL Carbon India Pvt ltd
11. Global Carbon Fiber Market Competition, by Manufacturer
Reason to Buy:
1) An extensive research study on the Global Carbon Fiber Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Carbon Fiber Market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
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