Carbon Fiber Market 2018 | Global Industry Expected to Grow at CAGR 10.83% with Major Eminent Players like Teijin, Mitsubishi Rayon Co, Excel Trust, Toray Industries

Carbon Fiber Market - Competitive Insights:
The 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.

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The Carbon Fiber Market is segmented as follows-

By Raw Material:
Pitch Based
PAN Based
By Size:
Small tow
Large tow

By Application:
Aerospace & Defence
Sports equipment
Construction
Automotive
Wind Turbines
Molding & Compounding
Pressure vessels
Others

Carbon Fiber Market - Industry Outlook and Trend Analysis:
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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Carbon Fiber Market - Size Outlook and Trend Analysis:
Carbon fiber comprises of filaments which contain < 92% carbon. Some parallel fibers are assembled together to frame a solitary tow. Strands having fibers up to 24,000 are alluded to as small tow. Small tow fibers are generally useful in the avionic business attributable to high rigidity and high modulus when used for manufacturing composites, which are used as a part of various applications. Small-tow fibers costlier when contrasted with substantial tow fibers.

Carbon Fiber Market - 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.

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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Carbon Fiber Market, By Raw Material
4.1.Introduction
4.2.Global Carbon Fiber Sales, Revenue and Market Share By Raw Material (2014-2017)
4.3.Carbon Fiber Market Assessment and Forecast, By Raw Material, 2014-2023
4.4.Pitch Based
4.5.PAN Based
5.Carbon Fiber Market, By Size
5.1.Introduction
5.2.Global Carbon Fiber Sales, Revenue and Market Share By Size (2014-2017)
5.3.Carbon Fiber Market Assessment and Forecast, By Size, 2014-2023
5.4.Small tow
5.5.Large tow
To be Continued…

Carbon Fiber Market - 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 - Key Growing Factors:
An extensive research study on the Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Carbon Fiber Market.

We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.

The Carbon Fiber Market 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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