Press release
Carbon Fiber Bike Frames Market by Type, Distribution, Price value, Driving Innovations, Value Chain Analysis and Forecast | 2022 to 2029
Based on previous market performance, the Carbon Fiber Bike Frames market is expected to reach USD 6,796 million in size by 2028. With a 5.9% CAGR.Carbon Fiber Bike Frames Market Overview:
Since carbon fiber practically took over the world of high-performance cycling about two decades ago, the bike industry has continued to crank out ever-lighter, stiffer, and more amazing designs that would be difficult to create in metal.
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Carbon fiber composite is a non-metallic material that is growing used in bicycles. Despite its high cost, it is extremely light and robust, with corrosion-resistant properties and the ability to withstand whatever pressure is applied to it. This material can be manipulated into the desired shape.
Based on our expert's analysis the players that are leading the market includes: Advance International multi-tech co. ltd., ADK technology ltd., Basso, Bianchi, BMC, Bridgestone, Cannondale, Canyon, Fuji, Giant, IBIs and Others.
The whole market is segmented as follows:
Carbon Fiber Bike Frames Market By Type, 2019-2028, (IN USD Million)
Regular Bicycle Frame
Mountain Bicycle Frame
Racing Bicycle Frame
Carbon Fiber Bike Frames Market By Distribution Channel, 2019-2028, (In USD Million)
Bicycle Specialty Store
Sports Shop
Online Volume
Industry Developments
In January 2019 - Hero Cycles Limited, a bicycle and related products manufacturer based in Punjab, India, has purchased a 48 percent stake in HNF NICOLAI, a German automobile manufacturer, in order to expand its electric bicycle business in India while leveraging its production facilities.
In May 2020 - Air Products, a leading manufacturer of industrial gases, and Haldor Topsoe, a leading manufacturer of high-performance catalysts and property technology for the chemical industry, have announced the signing of a global alliance agreement. The companies are expected to use their extensive market reach to develop projects and combine their expertise in large-scale methanol, ammonia, and/or dimethyl ether plants that will be constructed on a worldwide scale.
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Carbon Fiber Bike Frames Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.
Regional Analysis:
This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of Carbon Fiber Bike Frames Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.
Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.
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