Press release
Asia-Pacific Aerospace Carbon Fiber Market Size, Share, Impressive Industry Growth, Analysis Report 2028
Asia-Pacific aerospace carbon fiber market is estimated to grow significantly at a CAGR of around 9.1% during the forecast period owing to the significant growth in the aviation sector, and rising government expenditure in aerospace and defense. The major aircraft manufacturer such as Boeing and Airbus SE have production facilities across Asia-Pacific countries, including China and India that further contribute to the growth of the market. However, the demand for carbon fiber has been significantly affected amid the COVID-19 outbreak. Due to the implementation of a series of lockdowns around the globe, most of the aircraft manufacturers have temporarily shut down their production facilities in the Asia-Pacific region.(Get 25% Discount on Buying this Report)
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Asia-Pacific aerospace 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 and is widely used in the aerospace industry. Based on the fiber type, the market is classified into virgin aerospace carbon fiber and recycled aerospace carbon fiber. Based on the application, the market is classified into commercial aviation, military aviation, and rotorcrafts.
Based on geography, the Asia-Pacific aerospace carbon fiber market is further segregated into China, India, Japan, and Rest of Asia-Pacific. Among these, China is projected to have a considerable share in the Asia-Pacific aerospace carbon fiber market. Further, the report covers the analysis of the players operating in the Asia-Pacific aerospace carbon fiber market. Some of the players contributing to the regional growth of the market include Hyosung Corp., Jiangsu Hengshen Co. Ltd., Toray Industries Inc., Teijin Ltd., ZHONGFU SHENYING CARBON FIBER CO., LTD., Nippon Carbon Co. Ltd., and others
Asia-Pacific Aerospace Carbon Fiber Market Report Segment
By Raw Material
• Polyacrylonitrile (PAN)
• Petroleum Pitch & Rayon
By Fiber Type
• Virgin Carbon Fiber
• Recycled Carbon fiber
By Application
• Commercial Aviation
• Military Aviation
• Rotorcrafts
A full report of Asia-Pacific Aerospace Carbon Fiber Market is available at: https://www.omrglobal.com/industry-reports/asia-pacific-aerospace-carbon-fiber-market
Asia-Pacific Aerospace Carbon Fiber Market- Segment by Region
• China
• India
• Japan
• Rest of Asia-Pacific
Company Profiles
• Formosa Plastics Corp.
• Hyosung Corp.
• Jiangsu Hengshen Co. Ltd.
• Nippon Carbon Co. Ltd.
• SGL Carbon SE
• Taekwang Industrial Co. Ltd.
• Toray Industries, Inc.
• Teijin Ltd.
• Weihai Guangwei Composites Co., Ltd.
• ZHONGFUSHENYING CARBON FIBER CO., LTD.
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
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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