Press release
Global Carbon Fiber market size will increase to 1730 Million US$ by 2025 by Valuates Reports
Global Carbon Fiber market size will increase to 1730 Million US$ by 2025, from 1820 Million US$ in 2018, at a CAGR of -0.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Carbon Fiber.Carbon fiber is a long, thin strand of material about 0.0002-0.0004 in (0.005-0.010 mm) in diameter and composed mostly of carbon atoms. The carbon atoms are bonded together in microscopic crystals that are more or less aligned parallel to the long axis of the fiber. The crystal alignment makes the fiber incredibly strong for its size. Several thousand carbon fibers are twisted together to form a yarn, which may be used by itself or woven into a fabric. The yarn or fabric is combined with epoxy and wound or molded into shape to form various composite materials. Carbon fiber-reinforced composite materials are used to make aircraft carbon fiber compared to human hair and spacecraft parts, racing car bodies, golf club shafts, bicycle frames, fishing rods, automobile springs, sailboat masts, and many other components where light weight and high strength are needed.
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In consumption market, the growth rate of global consumption is smooth relatively. North America, Europe and Japan are still the main consumption regions due to the advanced technology and rapid development of economy.
Carbon fiber can be classified as two types, which depends on the number of fiber, including regular-tow carbon fiber and large-tow carbon fiber. Carbon fiber products offer advantages for advanced material solutions such as light-weight; high-tensile strength, manufacturing flexibility and heat resistance. It can be widely used in many fields. Survey results showed that 19.54% of the carbon fiber market is consumed in aerospace industry, 18.54% in sports/leisure, and the largest consumer is industrial materials with 61.92% in 2016.
The raw material used to make carbon fiber is called the precursor. About 90% of the carbon fibers produced are made from polyacrylonitrile (PAN). The remaining 10% are made from rayon or petroleum pitch. On the global market, supply of raw materials is sufficient.
This report researches the worldwide Carbon Fiber market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Carbon Fiber breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Toray
ZOLTEK (Toray)
Mitsubishi Rayon
Toho Tenax (Teijin)
Hexcel
Formosa Plastics Corp
SGL
Cytec Solvay
Dow Aksa
Hyosung
Taekwang Industrial
Zhongfu Shenying
Jiangsu Hengshen
Weihai Tuozhan Fiber
Bluestar Fibres
Carbon Fiber Breakdown Data by Type
Regular-Tow Carbon Fiber
Large-Tow Carbon Fiber
Carbon Fiber Breakdown Data by Application
Industrial Materials
Aerospace
Sports/Leisure
Carbon Fiber Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Carbon Fiber Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Carbon Fiber capacity, production, value, consumption, status and forecast;
To focus on the key Carbon Fiber manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Carbon Fiber :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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