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Aviation Carbon Fiber Market Analysis (2023-2032)- Growth Opportunities, Competitor Assessment, Future Outlook And Key Players | Toray Industries Inc., Hexcel Corporation, Teijin Carbon Co. Ltd., SGL Carbon SE, DowDuPont Inc
Aviation Carbon Fiber Market
Aviation Carbon Fiber Market Size, Growth Rate, And Forecast:
The global aviation carbon fiber market size is expected to grow from $2.26 billion in 2022 to $2.47 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aviation carbon fiber market size is expected to reach $3.37 billion in 2027 at a CAGR of 8.1%.
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Aviation Carbon Fiber Market Drivers:
Growth in passenger air traffic is expected to propel the growth of the aviation carbon fiber market going forward. Passenger air traffic refers to an increase in the number of passengers traveling by air over time that can be measured in a variety of ways, including the number of passengers carried by airlines, the number of flights operated, and the revenue generated by the air travel industry. Carbon fiber composites are being used in aircraft manufacturing due to their lightweight properties, high strength, and fuel efficiency, which offer improved passenger experiences such as more spacious and comfortable cabins.
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Aviation Carbon Fiber Market Segments:
By Type: Continuous, Long, Short
By Raw Material: Pan-Based Carbon Fiber, Pitch-Based Carbon Fiber
By End-Use: Commercial Aircraft, Military Aircraft
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Aviation Carbon Fiber Market.
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Aviation Carbon Fiber Market Key Players:
Major competitors in the aviation carbon fiber market include Toray Industries Inc., Hexcel Corporation, Teijin Carbon Co. Ltd., SGL Carbon SE, DowDuPont Inc., Solvay S.A., BGF Industries Inc.
The Business Research Company's "Global Aviation Carbon Fiber Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Aviation Carbon Fiber Market Include:
1. Executive Summary
2. Aviation Carbon Fiber Market Characteristics
3. Aviation Carbon Fiber Market Trends And Strategies
4. Aviation Carbon Fiber Market - Macro Economic Scenario
5. Aviation Carbon Fiber Market Size And Growth
……
26. Africa Aviation Carbon Fiber Market
27. Aviation Carbon Fiber Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aviation Carbon Fiber Market
29. Aviation Carbon Fiber Market Future Outlook and Potential Analysis
30. Appendix
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