Press release
Carbon Fiber Market :- Toray Industries Inc, SGL Carbon SE, Solvay SA, Cytec Industries Inc, Mitsubishi Chemical Holdings Corporation, Hyosung Corporation, Teijin Limited, DowAksa Advanced Composites Holding B.V, OJSC Svetlogorskkhimvolokno, Nippon Steel
A new market research report on the Global Carbon Fiber market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global Carbon Fiber market. The Global Carbon Fiber analysis is broken down on different segmentation levels including Market BY RAW MATERIAL, BY TYPE, BY FORM, BY END-USER INDUSTRY.Fibers consisting of 92% or greater carbon weight are known as carbon fiber, which offers properties such as light weightiness, elasticity, stiffness, strength, high temperature resistance, high damping properties, and chemical inertness.
The global carbon fiber market was valued at $2,766 million in 2017, and is anticipated to reach $5,991 million by 2025, growing at a CAGR of 11.7% during the forecast period. In terms of volume, the market is anticipated to reach 197 kilotons by 2025, growing at a CAGR of 14.3%. It is segmented based on raw material, type, form, end-use industry, and geography. The demand for carbon fiber has increased owing to its increased use in wind turbines, automotive, sailing/yacht building, marine, and aerospace & defense industry.
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Based on the raw material, the market is bifurcated into pan-based and pitch-based & rayon-based carbon fiber. Pan-based carbon fiber segment is projected to grow at the highest CAGR in the future. Based on the type, the market is divided into continuous, long, and short carbon fibers. Continuous carbon fiber dominated the market in 2017 and is also projected to register the highest growth rate. Aerospace & defense, sports/leisure, wind turbines, molding compounds, automotive, pressure vessels, civil engineering, marine, pultrusion misc., misc. consumer, and sailing/yacht building are the various end-use industries for this market. Aerospace & defense segment was the largest revenue contributor in 2017, whereas the wind turbine segment is projected to witness the highest CAGR. Increased penetration of carbon fiber in the automotive industry and rise in demand for carbon fiber in aerospace & defense sector drive the market growth. However, the growth of carbon fiber market is restricted owing to its high prices & unavailability.
Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America led the market, both in terms of value & volume, in 2017, due to the presence of major carbon fiber suppliers and manufacturers. It is also projected to register the highest demand for carbon fiber, owing to the increased demand from aerospace & defense, automotive, wind turbine, and sports/leisure industries.
The companies profiled in the report are as follows:
- Toray Industries Inc.
- SGL Carbon SE
- Solvay SA
- Cytec Industries Inc.
- Mitsubishi Chemical Holdings Corporation
- Hyosung Corporation
- Teijin Limited
- DowAksa Advanced Composites Holding B.V.
- OJSC “Svetlogorskkhimvolokno”
- Nippon Steel & Sumitomo Metal Corporation
KEY MARKET BENEFITS
- The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global carbon fiber market to elucidate the prevailing opportunities and the probable investment pockets.
- It offers qualitative trends as well as quantitative analysis from 2017 to 2025 to assist the stakeholders to understand the market scenario.
- A detailed analysis of the key segments demonstrates the consumption of carbon fiber in different applications across various industries.
- Competitive intelligence highlights the business practices, strategies, and developments followed by key business players across the geographies.
KEY MARKET SEGMENTS
BY RAW MATERIAL
- Pan-Based Carbon Fiber
- Pitch-Based & Rayon-Based Carbon Fiber
BY TYPE
- Continuous Carbon Fiber
- Long Carbon Fiber
- Short Carbon Fiber
BY FORM
- Composite
- Non-Composite
BY END-USER INDUSTRY
- Aerospace & Defense
- Sports/Leisure
- Wind Turbines
- Molding & Compounds
- Automotive
- Pressure Vessels
- Civil Engineering
- Marine
- Pultrusion Misc.
- Misc. Consumer
- Sailing/Yacht Building
- Others (Misc. Energy, Oil & Gas, Medical and Industrial Rollers)
BY GEOGRAPHY
North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Korea
- Japan
- India
- Rest of Asia-Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- Rest Of LAMEA
OTHER KEY PLAYERS IN THE MARKET VALUE CHAIN INCLUDE THE FOLLOWING:
- Formosa Plastic Corporation
- Bluestar Fiber Company Ltd.
- Zoltek Companies
- Crosby Composites
- Plasan Carbon Composites
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Table of Content
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. RESEARCH METHODOLOGY
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. MARKET SNAPSHOT
2.2. KEY FINDINGS OF THE STUDY
2.3. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets, by end-use industry
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Increase in penetration of carbon fiber components in automotive industry
3.4.1.2. Government regulations for emission control
3.4.1.3. Rise in demand for high-performance carbon fiber in aerospace & defense
3.4.2. Restraints
3.4.2.1. High price of carbon fiber
3.4.2.2. Long production cycle and unavailability of carbon fibers
3.4.3. Opportunities
3.4.3.1. Increase in application of carbon fiber in wind turbines
3.4.3.2. Rise in use of carbon fiber in medical industry
3.5. PATENT ANALYSIS
3.6. PRODUCT BENCHMARKING
CHAPTER 4 GLOBAL CARBON FIBER MARKET, BY RAW MATERIAL
4.1. INTRODUCTION
4.1.1. Market size and forecast
4.2. PAN-BASED CARBON FIBER
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.3. PITCH-BASED CARBON FIBER & RAYON-BASED CARBON FIBER
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
CHAPTER 5 GLOBAL CARBON FIBER MARKET, BY TYPE
5.1. INTRODUCTION
5.1.1. Market size and forecast
5.2. CONTINUOUS CARBON FIBER
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.3. LONG CARBON FIBER
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.4. SHORT CARBON FIBER
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
CHAPTER 6 GLOBAL CARBON FIBER MARKET, BY FORM
6.1. INTRODUCTION
6.1.1. Market size and forecast
6.2. COMPOSITE CARBON FIBER
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast
6.3. NON-COMPOSITE CARBON FIBER
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast
CHAPTER 7 GLOBAL CARBON FIBER MARKET, BY END-USE INDUSTRY
7.1. INTRODUCTION
7.1.1. Market size and forecast
7.2. AEROSPACE & DEFENSE
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast
7.3. SPORTS/LEISURE
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast
7.4. WIND TURBINES
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast
7.5. MOLDING & COMPOUNDS
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast
7.6. AUTOMOTIVE
7.6.1. Key market trends, growth factors, and opportunities
7.6.2. Market size and forecast
7.7. PRESSURE VESSELS
7.7.1. Key market trends, growth factors, and opportunities
7.7.2. Market size and forecast
7.8. CIVIL ENGINEERING
7.8.1. Key market trends, growth factors, and opportunities
7.8.2. Market size and forecast
7.9. MARINE
7.9.1. Key market trends, growth factors, and opportunities
7.9.2. Market size and forecast
7.10. PULTRUSION MISC.
7.10.1. Key market trends, growth factors, and opportunities
7.10.2. Market size and forecast
7.11. MISC. CONSUMER
7.11.1. Key market trends, growth factors, and opportunities
7.11.2. Market size and forecast
7.12. SAILING/YACHT BUILDING
7.12.1. Key market trends, growth factors, and opportunities
7.12.2. Market size and forecast
7.13. OTHERS
7.13.1. Key market trends, growth factors, and opportunities
7.13.2. Market size and forecast
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