Press release
Carbon Fiber Market 2018-2024 | Global Key Player; Zoltek, SGL Carbon, Formosa Plastics and Hexcel Corporation
Carbon Fiber Market
The Carbon Fiber Market demand rose steadily after the general economic recession in 2009. The market is forecast to grow at substantial rate from 2016 to 2024. This growth is accounted for the upcoming developments in the fields of aerospace & defense, sporting goods, wind energy, automobiles and even in the market of civil engineering and electronics goods.
Request for table of contents of this report @
https://www.gminsights.com/request-toc/upcoming/837
Thermoset and thermoplastic fibers are the two basic types of carbon fibers based on the resin type. Most of the aerospace prepregs are made of thermoset fibers due to its mechanical superiority. Thermoplastics have a higher shelf life and find more application in areas where the requirement of strength and resistivity is outshined by durability.
Based on the type of industry, carbon fiber finds major use in aerospace & defense industry, wind energy sector, sports equipment industry, automotive industry and others. Aerospace industry is the primary end user, of which commercial aerospace sector has the major market share in terms of volume as well as revenue. The wind energy segment has a lot of promise for the market growth owing to increase in global renewable energy demand. Light weight and strong gym equipment and other luxury items will enhance the global demand for carbon fiber by 2024.
With the focus of leading automobile manufacturers shifting towards weight reduction of the cars, carbon fiber reinforced plastics will find an increasing demand in the forecast period. Among other industries there are the civil engineering industry and electronics goods. With growing population and upgrading social status of the people around the globe, the demand for light weight and cost effective electronic goods will influence the carbon fiber market positively.
Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/837
Sports and leisure equipment is finding increased use of carbon fiber and is the second largest market in terms of revenue. With growing awareness about healthy lifestyles and exercising, the demand for sports utilities will have a healthy growth in the next 8 years. The growing market for light bodied combat aircrafts by the military will propel the industry in the upcoming years.
The most demanding region for the industry is North America with an annual production capacity recorded more than third of the global carbon fiber market. With more research and development in the aerospace and defense sector in the US, this demand is forecast to grow in the span from 2016 to 2024. The second largest producer is Europe with its commercial as well as military aircraft manufacturing units. The large number of high end automotive industries in Germany and Italy will also influence the carbon fiber market positively.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/carbon-fiber-market
Among the Asia Pacific countries, Japan has almost a fifth of the global production capacity. The demand for light weight construction equipment in Japan due to its disaster-prone landmass will boost up the demand of carbon fiber from 2016 to 2024.
The leading manufacturer of carbon fiber in terms of production in 2013 was Toray Industries and recorded over 20 thousand tons of production capacity. Other companies providing competition in this sector are Zoltek, Toho Tenax, Mitsubishi Rayon Co. Ltd., SGL Carbon SE, Formosa Plastics Corp, Hexcel Corporation and others.
Read More Related News @ https://www.marketwatch.com/press-release/europe-pp-nonwoven-fabrics-market-to-exceed-usd-11-billion-over-2018-to-2024-2018-09-18
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Carbon Fiber Market 2018-2024 | Global Key Player; Zoltek, SGL Carbon, Formosa Plastics and Hexcel Corporation here
News-ID: 1268504 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Carbon
Carbon-Carbon Composite Market to Reach $3.31 Billion by 2031 | SGL Carbon, Toyo …
NEW YORK, (UNITED STATES) - QY Research latest 'Carbon-Carbon Composite Market 2025 Report' offers an unparalleled, in-depth analysis of the industry, delivering critical market insights that empower businesses to enhance their knowledge and refine their decision-making processes. This meticulously crafted report serves as a catalyst for growth, unlocking immense opportunities for companies to boost their return rates and solidify their competitive edge in an ever-evolving market. What sets this report…
Carbon Black Market Next Big Thing | Cabot, Tokai Carbon, Jiangxi Black Carbon, …
Market Research Forecast published a new research publication on "Global U.S. U.S. Carbon Black Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the U.S. U.S. Carbon Black Market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive…
Carbon-Carbon Composite Material Market Size, Share 2024, Impressive Industry Gr …
Report Description: -
QY Research's latest report 'Carbon-Carbon Composite Material Market 2024 Report' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The…
Carbon Black Market Scenario & Industry Applications 2020-2025 | Phillips Carbon …
The global carbon black market size is projected to surpass USD 18 billion by 2025. Carbon black act as a reinforcement material for tires and rubber, and possess electrical conductive properties. Carbon black provide pigmentation, conductivity, and UV protection for a number of coating applications along with toners and printing inks for specific color requirements. Its multiple application across various end product along with rising economic outlook has significantly enhanced…
Global Carbon-Carbon Composite Market 2020-2026 SGL Carbon, Toyo Tanso, Tokai Ca …
Global Carbon-Carbon Composite Market 2020-2026 analysis Report offers a comprehensive analysis of the market. It will therefore via depth Qualitative insights, Historical standing and verifiable projections regarding market size. The projections featured inside the report square measure derived victimisation verified analysis methodologies and assumptions. Report provides a progressive summary of the Carbon-Carbon Composite business 2020 together with definitions, classifications, Carbon-Carbon Composite market research, a decent vary of applications and Carbon-Carbon…
Global Carbon Black Market to 2026| Cabot, Orion Engineered Carbons, Birla Carbo …
Albany, NY, 10th January : Recent research and the current scenario as well as future market potential of "Carbon Black Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" globally.
Carbon Black Market - Overview
Carbon black (CB) is manufactured through partial combustion of heavy hydrocarbons under controlled temperature and pressure to obtain fine particles and aggregates having a wide range of structure and surface properties. This…
