Carbon Fiber Coatings Market Segments, Opportunity, Growth and Forecast by End-use Industry 2018-2028

Carbon Fiber Coatings Market: Definition and Introduction

Carbon fiber coatings are used to coat parts to match a particular body color, or display a clear lacquer so as to protect the coated substrate from UV degradation. The process of application of carbon fiber coatings is a lengthy process that involves the readying of the substrate to be coated with the carbon fiber coating, a process called abrading. This is undertaken manually in the coating preparation area by means of air driven sanders. Prior to the application of carbon fiber coatings, the substrate material is meticulously degreased to eliminate unnoticed particles and agents prior to the coating process. Later, the coating process commences to achieve the required application quality, after which carbon fiber coatings are polished. Carbon fiber coatings have distinct looks, including industrial, textured or charcoal gray. They are highly preferred on account of the aesthetic appeal they provide to the finished products. Besides, they find applications in many industries such as automotive, aerospace & defense, domestic appliances and other connections.

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Carbon Fiber Coatings Market: Segmentation

On the basis of the product type, the carbon fiber coatings market has been segmented as:

Short carbon fiber based carbon fiber coating
Long carbon fiber based carbon fiber coating
Continuous carbon fiber based carbon fiber coating
On the basis of the end use industry, the carbon fiber coatings market has been segmented as:

Automotive
Aerospace & defense
Energy (wind turbines)
Chemical
Building & Construction
Other industries
On the basis of the raw material used, the carbon fiber coatings market has been segmented as:

Pan based carbon fiber coatings
Pitch based carbon fiber coatings
Rayon based carbon fiber coatings
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Carbon Fiber Coatings Market: Key Trends & Drivers

Automakers have been augmenting the use of lightweight aluminum and carbon fiber so as to achieve superior fuel economy. This has been translating into several changes in the process of treating & painting surfaces; however, the application of carbon fiber coatings is a challenging task. Even though the substrate or panel surface is smooth, there are technical issues with regard to the coating method used. For instance, most of the automotive paint shops deploy electrostatic systems, which run a minor electrical current through the body panel. This generates an electromagnetic charge that attracts the misted paint molecules, thereby creating even coverage coats and a lesser overspray than gravity driven processes. However, in the case of application of carbon fiber coatings, the material is not uniformly conductive. Hence, electrostatic systems could lead to paint clumping on the parts of panels that carry more charge. Furthermore, although carbon fiber coatings provide aesthetic benefits, manufacturers from the automotive industry prefer using continuous fiber to achieve the best possible stiffness to weight ratio and resin transfer molding techniques, which offer the lowest cycle process time. However, these processes are the most problematic to work with when applying the paint layer. These factors could prove to be restraining ones for the growth of the carbon fiber coatings market. Hence, extensive research & development activity by companies manufacturing carbon fiber composites has been in full swing in the recent past to tackle the application issues. For instance, the use of a lower bake could possibly help assuage some of the application, albeit with some unfavorable side effects. However, the ideal way to find a solution to the challenge would be the collaboration of coating experts and substrate engineers to identify the appropriate carbon fiber coatings’ type & ensure the deployment of the relevant coating process.

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Carbon Fiber Coatings Market: Market Participants

Examples of some of the market participants in the carbon fiber coatings market include:

BASF SE
Saint Clair Systems
Berlac AG Switzerland
Emerald Coatings
Nippon Carbon Co Ltd.
Mitsubishi Chemical Corporation
Covestro AG
AVANCO Group
Axalta Coating Systems, LLC
Toray Industries, Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.

The report covers exhaust analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
CIS and Russia
Asia-Pacific (China, India, ASEAN, South Korea)
Japan
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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