Global Carbon Fiber Market Insights and Major Trends Encouraging Growth Until the End of 2026 || Top Market Players- Hyosung, Kemrock, Dow/AkSA, Cytec, Hexcel, SGL, Formosa Plastics, Mitsubishi Rayon, Toho Tenax, and Toray.
Know the methodology behind the report - https://www.factmr.com/connectus/sample?flag=RM&rep_id=466
Apart from the construction industry, carbon fibers seek enormous applications in the automotive and aerospace industries, particularly for curbing the weight of components used. Increasing focus of automobile manufacturers in adoption of materials, which minimize the overall vehicle weight and enhance vehicle performance, has resulted into robust adoption of carbon fiber industry. Carbon fibers are increasingly employed in the aerospace industry on the back of their good strength to weight ratio, and are utilized on a large scale for manufacturing aircraft components such as vertical stabilizers, engine nacelles wings, floor beams, and elevators.
4 Key Future Prospects of Carbon Fibers Market for Forecast Period 2017-2026 (In Terms of Volume)
Among regional segments included in the report, Asia-Pacific excluding Japan (APEJ) will remain the most lucrative for the carbon fibers market, with sales set to close in approximately 50,000 ton by 2026-end.
APEJ and North America are likely to remain fast-expanding market for carbon fibers, exhibiting a similar CAGR through 2026. However, quantity of carbon fibers sold in North America will remain comparatively lower in North America than in APEJ. Europe will prevail as the second largest market for carbon fibers.
On the basis of precursor material type, PAN-based CF will account for over 95% share of the market during 2017 to 2026. Although amount of pitch-based CF and rayon-based CF sold will remain considerably lower than PAN-based CF, they are expected to gain traction gradually in the near future. Sales of rayon-based CF and pitch-based CF are set to reflect a relatively higher CAGR in the market than those of PAN-based CF through 2026. On the basis of tow size, small tow will remain preferred for carbon fibers across the globe, with sales pegged to exceed 75,000 tons by 2026-end.
Aerospace & defense is expected to retain its position as the dominant end-user of carbon fibers, trailed by energy & mining and automotive. In addition, carbon fiber sales in the energy & mining and automotive industry are poised to register a parallel rise through 2026.
Browse Full Report with TOC - https://www.factmr.com/report/466/carbon-fiber-market
APEJ will Remain Dominant in Global Carbon Fiber Market
In terms of value, the global market for carbon fiber will continue to be dominated by Asia-Pacific excluding Japan (APEJ), mainly driven by increasing investments in the infrastructure development in emerging countries such as India and China, along with robust expansion of the automotive sector in the region. Europe is also expected to be a lucrative region for the carbon fiber market, owing to strict laws and regulations implemented by the governments for reducing the environmental pollution caused by vehicles, which has led the automotive manufacturers in the region to opt for vehicle lightweighting.
Rapid growth of the aviation industry has led to demand for lightweight and robust materials for fabrication of aircraft components. Carbon fibers have become an effective solution for curtailing production time. Aerospace & defense will continue to be the largest end-user of carbon fiber. Use of carbon fiber in the automotive industry will also witness a significant rise, as carbon fibers witness increasing adoption in production of automobile for reducing the vehicle weight and enhancing the vehicle performance.
Occupancy of a large number of players has made the nature of the global carbon fibers market to be fragmented, with intensity of competition among players surging at a significant rate. Global reach of well-established market players and high capital investment for entering the market have created barriers for new market players. In a bid to sustain themselves in this highly competitive market, vendors are competing one another in terms of customer-centrism, price, quality, performance, and innovation. Key market players identified by the report include Hyosung, Kemrock, Dow/AkSA, Cytec, Hexcel, SGL, Formosa Plastics, Mitsubishi Rayon, Toho Tenax, and Toray.
Table of Content:
Global Economic Outlook
Global Carbon Fiber Market - Executive Summary
2.1. Opportunity Analysis & Megatrends
Global Carbon Fiber Market Overview
3.1.1. Global Carbon Fiber Market Taxonomy
3.1.2. Global Carbon Fiber Market Definition
3.2. Global Carbon Fiber Market Size (US$ Mn), Volume (Ton) and Forecast, 2012-2026
3.2.1. Global Carbon Fiber Market Y-o-Y Growth
3.3. Global Carbon Fiber Market Dynamics
3.4. Value Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. Cost Comparison of different Materials
3.8. Competition Matrix
3.9. Investment Feasibility Matrix
3.10. Carbon Fiber Manufacturing Capacities of top Manufacturers
3.11. Raw Materials Sourcing & Strategy
3.12. Industry Specific Advances in Carbon Composites
3.13. Geographic Distribution of Carbon Fiber Manufacturing Locations
3.14. Industry Perceptions for the Growth of the Carbon Fiber Composite Industry
3.15. Key Participants Market Presence (Intensity Map) By Region
Global Carbon Fiber Market Analysis and Forecast 2012-2026
4.1. Global Carbon Fiber Market Size and Forecast By Precursor Material Type, 2012-2026
4.1.1. PAN based CF Market Size and Forecast, 2012-2026
22.214.171.124. Revenue (US$ Mn) and Volume (ton) Comparison, By Region
126.96.36.199. Market Share Comparison, By Region
188.8.131.52. Y-o-Y growth Comparison, By Region
4.1.2. Pitch based CF Market Size and Forecast, 2012-2026
184.108.40.206. Revenue (US$ Mn) and Volume (ton) Comparison, By Region
220.127.116.11. Market Share Comparison, By Region
18.104.22.168. Y-o-Y growth Comparison, By Region
4.1.3. Rayon based CF Market Size and Forecast, 2012-2026
22.214.171.124. Revenue (US$ Mn) and Volume (ton) Comparison, By Region
Carbon Fiber Market Report is available for Purchase - https://www.factmr.com/checkout/466/S
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market Insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
Follow Us on Linkedin: https://www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
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 Global Carbon Fiber Market Insights and Major Trends Encouraging Growth Until the End of 2026 || Top Market Players- Hyosung, Kemrock, Dow/AkSA, Cytec, Hexcel, SGL, Formosa Plastics, Mitsubishi Rayon, Toho Tenax, and Toray. here
News-ID: 1401552 • Views: 336
More Releases from Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On
More Releases for Carbon
Global Carbon Carbon Composite Material Market Analysis 2025 | OptMed, SGL Carbo …
ResearchMoz presents professional and in-depth study of "Global Carbon Carbon Composite Material Market Insights, Forecast to 2025" This report researches the worldwide Carbon Carbon Composite Material market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Carbon Carbon Composite Material breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth
Global Vitreous Carbon Market 2018 - Tokai Carbon, SPI, Mersen, Neyco
Apex Market Reports, recently published a detailed market research study focused on the “Vitreous Carbon Market” across the global, regional and country level. The report provides 360° analysis of “Vitreous Carbon Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Vitreous Carbon on
Global Carbon Fiber Market 2018 - Cytec Industries, Zoltek, SGL Carbon, Carbon F …
The Global Carbon Fiber Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Carbon Fiber industry. Firstly, Carbon Fiber Market report provides a basic overview of the Carbon Fiber industry including definitions, classifications, applications and Carbon Fiber industry chain structure. Global Carbon Fiber Market analysis is provided for the international market including development history, Carbon Fiber industry competitive landscape analysis, and major regions
Oriental Carbon & Chemicals Ltd
Oriental Carbon & Chemicals Ltd- Company Profile & Financial Analysis" contains in depth information and data about the company and its operations. You will find information on the business structure, areas of operation, products and services offered by the company. It also comprises SWOT analysis, key ratios, historical financial data and insider’s view on financial stability and industrial ranking with financial forecasts for two- year period. This report is a decisive
Automotive Carbon Ceramic Brakes
The Insight Partners added “Automotive Carbon Ceramic Brakes Market to 2025 - Global Analysis and Forecasts by Vehicle Type, and Sales Channel” to its research database. The report is spread across 150 pages and supported by 10 company leaders. Carbon ceramic brakes possess braking system component made of ceramic material. Although, ceramic brakes are around for a long time now and are widely deployed in aircraft and railways. These are uncommonly
Oriental Carbon & Chemicals Ltd
Oriental Carbon & Chemicals Ltd Oriental Carbon & Chemicals Ltd- Company Profile & Financial Analysis" contains in depth information and data about the company and its operations. You will find information on the business structure, areas of operation, products and services offered by the company. It also comprises SWOT analysis, key ratios, historical financial data and insider’s view on financial stability and industrial ranking with financial forecasts for two- year period. This