Press release
Carbon Fiber Resin Market Overall Growth Status, Outlook and Segmentation Including Players : BASF, Hexion Inc., Huntsman Corporation, Ashland, Polynt Group, 3M, Hexcel Corporation & Aliancys
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The growing demand in the emerging economies and increasing compliance for carbon fiber composites in Boeing are creating ample growth opportunities for the global carbon fiber resin market during the forecast period.
Thermoset resins find larger applications in aerospace and defense, and automotive industries, as high thermal resistance materials are required in these industries. Moreover, the automotive application segment in the global carbon fiber resin market is anticipated to witness the highest growth during 2016 - 2022, in comparison to the other application segments.
Geographically, North America held the largest share in the global carbon fiber resin market in 2015, owing to the high compliance for lightweight composites and high demand of carbon fiber from aerospace and defense, marine and automotive industries. Moreover, North America is also anticipated to be the fastest growing market for carbon fiber resin during 2016 – 2022.
Europe became the second largest market for carbon fiber resin in 2015; whereas Asia-Pacific is anticipated to be the second fastest growing market for carbon fiber resin during the forecast period.
Read summary of report here : https://www.psmarketresearch.com/market-analysis/carbon-fiber-resin-market
The key players operating in the global carbon fiber resin market are Alpha Owens-Corning, BASF SE, Hexion Inc., Huntsman Corporation, Ashland Inc., Polynt, 3M Company, and ALIANCYS AG.
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