Press release
Carbon Fiber Market Report on Recent Adoption 2031
๐๐๐ซ๐๐จ๐ง ๐ ๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐๐๐๐โข The global carbon fiber market was valued at US$ 2.5 Bn in 2021
โข It is estimated to grow at a CAGR of 6.8% from 2022 to 2031
โข The global carbon fiber market is expected to reach value of US$ 4.5 Bn by the end of 2031
๐๐ข๐๐ฐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/carbon-fiber-market.html
๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ๐ฌ' ๐๐ข๐๐ฐ๐ฉ๐จ๐ข๐ง๐ญ ๐จ๐ง ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐๐จ๐ง ๐ ๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ง๐๐ซ๐ข๐จ
Carbon fiber is an extremely versatile material. This sleek composite is used in diverse high-performance applications, and recognized for its excellent strength and stiffness as compared to its weight. Carbon fiber is preferred everywhere, from high-end automobiles and sporting goods such as snow boards to aerospace and medical solutions. Aerospace engineers are focusing on carbon fiber material to build aircraft bodies, owing to its unique properties such as lightweight, high stiffness, high temperature tolerance, high chemical resistance, etc. Moreover, the demand for carbon fiber is anticipated to rise in building & construction industry due to lack of need for maintenance and repair work for products made of carbon fiber. Companies are expected to invest in R&D to develop carbon fiber materials for a wide range of applications in various fields such as electrochemistry, water treatment, etc. Therefore, manufacturers should tap into numerous opportunities in carbon fiber in order to broaden their revenue streams.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=119
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ ๐จ๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐๐จ๐ง ๐ ๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ
Carbon fiber is a polymer and is sometimes known as graphite fiber. It is a very strong material that is also lightweight. Carbon fiber is five-times stronger than steel and twice as stiff. Carbon fiber possesses several advantages such as high stiffness, high tensile strength, high strength-to-weight ratio, high chemical resistance, high-temperature tolerance, and low thermal expansion, making it an ideal material to manufacture several parts. It is popularly utilized in specialized, high-performance products such as aircraft, racecars, and sporting equipment. Therefore, carbon fiber is favored by engineers and designers for manufacturing.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=119
Polyacrylonitrile (PAN) accounts for almost 90% of all carbon fiber production. The remaining 10% is composed of rayon or petroleum pitch. These substances are all organic carbon fiber reinforced polymer, which have lengthy chains of molecules joined by forged carbon atoms.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=119
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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๐๐จ๐ง๐ญ๐๐๐ญ:
Rohit Bhisey
Transparency Market Research Inc.
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