Press release
North American Automotive Carbon Fiber Market Size, Share, Analysis, Industry Report and Forecast 2020-2026
The North American automotive carbon fiber market is estimated to grow at a CAGR of around 8.3% during the forecast period. The major factor that contributes to the market growth includes the significant production of in the automotive sector in the region. According to the International Organization of Motor Vehicle Manufacturers, in 2018, around 17.4 million units of the automobile were manufactured in North America and over 11 million units were produced in the US alone. The growth in the automobile industry in the region has further generated the demand for carbon fiber for the manufacturing of lighter automotive parts, thus provide significant growth to the market.To Request a Sample of our Report on North American Automotive Carbon Fiber Market: https://www.omrglobal.com/request-sample/north-american-automotive-carbon-fiber-market
The North American 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. Based on geography, the North American automotive carbon fiber market is further segregated into the US and Canada. The US is projected to have a considerable share in the North American automotive carbon fiber market.
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A full Report of North American Automotive Carbon Fiber Market is Available at: https://www.omrglobal.com/industry-reports/north-american-automotive-carbon-fiber-market
North American 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)
Regional Analysis
· US
· Canada
Company Profiles
· DowAksa Advanced Composites Holdings BV
· Formosa Plastics Corp.
· Hexcel Corp.
· Mitsubishi Chemical Holdings Corp.
· Nippon Carbon Co. Ltd.
· RTP Co.
· Solvay SA
· SGL Carbon SE
· Toray Industries, Inc.
· Teijin Ltd.
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2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/north-american-automotive-carbon-fiber-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +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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