Press release
Indian Carbon Fiber Market Size, Share, Growth, Research and Forecast 2020-2026
Indian carbon fiber market is estimated to grow significantly at a CAGR of around 11.6% during the forecast period. The factors that positively affect the growth of the market include the rising demand for clean energy and the increasing production of aircraft in the country. Further, increasing R&D activities in the aerospace and defense sector is expected to drive the market growth in the country.A full report of Indian Carbon Fiber Market is available at: https://www.omrglobal.com/industry-reports/indian-carbon-fiber-market
Indian carbon fiber market is segmented on the basis of raw material, fiber type, and industry vertical. Based on raw material, the market is sub-segmented into PAN and petroleum pitch & rayon. Based on the fiber type, the market is classified into virgin carbon fiber and recycled carbon fiber. Based on the industry verticals, the market are classified into aerospace & defense, automotive, construction infrastructure, and others such as sporting goods. Among these, the aerospace & defense industry segment accounted for a significant share in the market attributed to the increased production by the major aerospace and defense manufacturers.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/indian-carbon-fiber-market
The companies which are contributing to the growth of the Indian carbon fiber market include Hyosung Corp., Jiangsu Hengshen Co. Ltd., Kureha Corp., Toray Industries Inc., Teijin Ltd., ZHONGFU SHENYING CARBON FIBER CO., LTD., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations to stay competitive in the market.
Indian Carbon Fiber Market- Segmentation
By Raw Material
• Polyacrylonitrile (PAN)
• Petroleum Pitch & Rayon
By Fiber Type
• Virgin Carbon Fiber
• Recycled Carbon Fiber
By Industry Verticals
• Aerospace & Defense
• Automotive
• Construction Infrastructure
• Others (Sporting Goods)
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/indian-carbon-fiber-market
Company Profiles
• Formosa Plastics Corp.
• Hyosung Corp.
• Jiangsu Hengshen Co. Ltd.
• Kureha Corp.
• Nippon Carbon Co. Ltd.
• Osaka Gas Chemicals Co., Ltd.
• Toray Industries Inc.
• Teijin Ltd.
• Taekwang Industrial Co. Ltd.
• Weihai Guangwei Composites Co., Ltd.
• ZHONGFU SHENYING CARBON FIBER CO., LTD.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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