Carbon Fiber Market 2020 Precise Outlook –Toray, Hyosung, ZOLTEK (Toray), Toho Tenax (Teijin), Hexcel, Mitsubishi Rayon, Cytec Solvay, Formosa Plastics Corp, DowDuPont

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 analyses 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.

According to this study, over the next five years the Carbon Fiber market will register a -0.7% CAGR in terms of revenue, the global market size will reach $ 1705.3 million by 2025, from $ 1755.7 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Carbon Fiber business.

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Top Leading Companies of Global Carbon Fiber Market are Toray, Hyosung, ZOLTEK (Toray), Toho Tenax (Teijin), Hexcel, Mitsubishi Rayon, Cytec Solvay, Formosa Plastics Corp, DowDuPont, SGL, Taekwang Industrial, Weihai Tuozhan Fiber, Jiangsu Hengshen, Bluestar Fibres, Zhongfu Shenying and others.

Tokyo, Japan, July 14, 2020 – Toray Industries, Inc., announced today that it has concluded an agreement with Lilium GmbH to supply carbon fiber composite materials for the Lilium Jet. The Munich-based company is developing this all-electric, vertical take-off and landing aircraft to deliver clean, regional air mobility as early as 2025. Lilium CEO Daniel Wiegand is one of the co-founders of that company, which was established in 2015.

Regional air mobility could help reduce traffic congestion, noise, and air pollution in crowded cities. Entities around the world are developing airframes and operational systems for air taxi services. Governments are working on regulatory frameworks. Lilium is spearheading the quest to manufacture air vehicle and develop and commercialize services.

Carbon fiber composite materials are vital to lighten such vehicles as the Lilium Jet. Toray is deepening ties with Lilium and other manufacturers while continuing to innovate materials that contribute to progress with these transportation platforms by enhancing performance, conserving energy, and lowering costs. The Lilium Jet will take up to four passengers and its pilot up to 300 kilometers in less than 60 minutes. Its fuselage, wings, rotor vanes, and other structural components will employ carbon fiber composite materials.

2019.08.21: South Korea’s Hyosung Group pledged 1 trillion won ($828 million) over the next decade to expand its carbon fiber capacity to 24,000 tons a year from current 2,000 tons as the government vowed full support in grooming the material pivotal to hydrogen and future industries. Hyosung said it will add nine additional carbon fiber production lines at its current plant in Jeonju, North Jeolla Province by investing 1 trillion won until 2028, an upgrade that would make it the world`s third largest carbon fiber producer responsible for a 10 percent market share in 2028. The company currently ranks 11th with a 2 percent market share. The investment is also expected to create about 2,300 new jobs in the region.

On The Basis Of Product, The Carbon Fiber Market Is Primarily Split Into

Regular-Tow Carbon Fiber
Large-Tow Carbon Fiber

On The Basis Of End Users/Application, This Report Covers

Industrial Materials
Aerospace
Sports/Leisure

Regional Outlook of Carbon Fiber Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

This allows an understanding of the market and benefits from any lucrative opportunities that are available. Researchers have offered a comprehensive study of the existing market scenario while concentrating on the new business objectives. There is a detailed analysis of the change in customer requirements, customer preferences, and the vendor landscape of the overall market.

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Following are major Table of Content of Carbon Fiber Industry:

• Carbon Fiber Market Sales Overview.
• Carbon Fiber Market Sales Competition by Manufacturers.
• Carbon Fiber Market Sales Analysis by Region.
• Carbon Fiber Market Sales Analysis by Type.
• Carbon Fiber Market Analysis by Application.
• Carbon Fiber Market -Manufacturers Analysis.

What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Global Carbon Fiber Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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