openPR Logo
Press release

Carbon Fiber Market to accrue appreciable gains by 2025 | Key players are Zoltek, Toho Tenax, Mitsubishi Rayon Co. Ltd., SGL Carbon SE, Formosa Plastics Corp, Hexcel Corporation

12-02-2019 09:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: global market insights

Carbon Fiber Market

Carbon Fiber Market

Aerospace & defense industry is a major driver for growth in the carbon fiber market. It accounted for approximately a third of the total product market in terms of demand and about half of the total market revenue. The revenue in the aerospace and defense industry is forecast to grow till 2024 with increasing air travel in China, Middle East and other emerging nations.


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.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/837

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.

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.

Reasons to Buy This Report:

1. Carbon Fiber Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Key Carbon Fiber Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/837

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.

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.

Contact Us:
Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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.

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 to accrue appreciable gains by 2025 | Key players are Zoltek, Toho Tenax, Mitsubishi Rayon Co. Ltd., SGL Carbon SE, Formosa Plastics Corp, Hexcel Corporation here

News-ID: 1874588 • Views: 379

More Releases from global market insights

Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers. Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies. Meanwhile, yet other company, Boston Metal has declared having raised over USD 20
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses. Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet

All 5 Releases


More Releases for Carbon

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 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 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