Press release
Japan Automotive Carbon Fiber Market Trends, Size, Competitive Analysis and Forecast 2020-2026
Japan automotive carbon fiber market is estimated to grow significantly during the forecast period. The major factor that further propels the market growth includes the rising preference towards lightweight vehicles for fuel efficiency and the growing demand for electric vehicles in the country. The use of light composites in automotive can encourage advanced emission control systems, integrated electronic systems, and safety devices without rising vehicle's overall weight. Owing to the stringent environmental concerns, the demand for carbon fiber in automotive applications is estimated to grow significantly, which in turn, will drive the growth of the market.To Request a Sample of our Report on Japan Automotive Carbon Fiber Market: https://www.omrglobal.com/request-sample/japan-automotive-carbon-fiber-market
Japan automotive carbon fiber market is segmented on the basis of raw material, fiber type, and application. On the basis of raw material, the market is sub-segmented into PAN and petroleum pitch & rayon. PAN is the predominant precursor for carbon fiber due to superior strength and stability, and higher carbon yield. PAN-based carbon fiber is widely used in the automotive industry. Based on the fiber type, the market is classified into virgin automotive carbon fiber and recycled automotive carbon fiber. Based on the application, the market is classified into the interior, exterior, structural assembly, and others.
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Japan Automotive Carbon Fiber Market Segmentation
By Raw Material
· Polyacrylonitrile (PAN)
· Petroleum Pitch & Rayon
By Fiber Type
· Virgin Carbon Fiber
· Recycled Carbon fiber
By Application
· Interior
· Exterior
· Structural Assembly
· Others (Powertrain Components)
Company Profiles
· Formosa Plastics Corp.
· Hyosung Corp.
· Hexcel Corp.
· Jiangsu Hengshen Co. Ltd.
· Nippon Carbon Co. Ltd.
· Taekwang Industrial Co. Ltd.
· Toray Industries, Inc.
· Teijin Ltd.
· Weihai Guangwei Composites Co., Ltd.
· ZHONGFU SHENYING CARBON FIBER CO., LTD.
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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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