Press release
Aviation Carbon Fiber Market Analysis 2024-2033 : Market Size, Top Segments, Leading Region Forecast | Toray Industries Inc., Hexcel Corporation, Teijin Carbon Co. Ltd., SGL Carbon SE
Aviation Carbon Fiber Global Market Report
The Business Research Company offers in-depth market insights through Aviation Carbon Fiber Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The aviation carbon fiber market size has grown strongly in recent years. It will grow from $2.47 billion in 2023 to $2.69 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to aircraft lightweighting initiatives, increasing demand for fuel-efficient aircraft, stringent emission standards, expansion of the commercial aircraft fleet, preference for high-performance materials.
The aviation carbon fiber market size is expected to see strong growth in the next few years. It will grow to $3.65 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to rapid growth in electric and hybrid aircraft, increasing emphasis on sustainable aviation, integration of composite materials in aircraft design, urban air mobility (uam) and advanced aerial vehicles, global efforts to reduce carbon footprint. Major trends in the forecast period include increased use in aircraft components, rising demand for lightweight aircraft, advancements in manufacturing technologies, focus on fuel efficiency and emissions reduction, expansion of electric and hybrid aircraft.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=10044&type=smp
Market Segmentation:
The aviation carbon fiber market covered in this report is segmented -
1) By Type: Continuous, Long, Short
2) By Raw Material: Pan-Based Carbon Fiber, Pitch-Based Carbon Fiber
3) By End-Use: Commercial Aircraft, Military Aircraft
Major Driver - Rising Passenger Air Traffic Fuels Growth Of Aviation Carbon Fiber Market
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. For instance, in February 2023, according to the International Air Transport Association (IATA), a Canada-based association of world airlines, international passenger traffic increased by 152.7% in 2022 compared to 2021. Additionally, Asia-Pacific airlines reported an increase of 363.3% in full-year international traffic in 2022 compared to 2021, maintaining the highest year-over-year rate among the regions. Therefore, the growth in passenger air traffic is driving the growth of the aviation carbon fiber market going forward.
Competitive Landscape:
Major companies operating in the aviation carbon fiber market report are Toray Industries Inc., Hexcel Corporation, Teijin Carbon Co. Ltd., SGL Carbon SE, DuPont de Nemours Inc., Solvay S.A., BGF Industries Inc., Taekwang Industrial Co. Ltd., Weihai Tuozhan Fibers Co. Ltd., Jiangsu Hengshen Co. Ltd., Mitsubishi Chemical Corporation, BASF SE, Bally Ribbon Mills, Park Aerospace Technologies Corp., Renegade Materials Corporation, Nippon Graphite Fiber Co. Ltd., Zoltek Companies Inc., Formosa Plastics Corporation, Hyosung Advanced Materials Corporation, Kureha Corporation, Zhongfu Shenying Carbon Fiber Co. Ltd., Jiangsu Tianniao High Technology Co. Ltd., Jilin Carbon Fiber Co. Ltd., Weihai Guangwei Composites Co. Ltd., Jushi Group Co. Ltd., Hengshen Co. Ltd., Jiangsu Hangke Composite Materials Technology Co. Ltd., Jiangsu Jiuding New Material Co. Ltd., Zhejiang Juxing Carbon Fiber Technology Co. Ltd., Zhejiang Guanghua Technology Co. Ltd., Zhejiang Mengtex Special Materials Technology Co. Ltd., Zhejiang Weitong Composite Material Co. Ltd., Zhejiang Hailong New Materials Co. Ltd., Zhejiang Jinggong Science & Technology Co. Ltd., Zhejiang Guxiandao High Technology Co. Ltd., Anshan Sinocarb Carbon Fibers Co. Ltd., DowAksa LLC
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/aviation-carbon-fiber-global-market-report
Top Trend - Technological Advancement Revolutionizing Aviation Carbon Fiber Market
Technological advancements are a key trend gaining popularity in the aviation carbon fiber market. Companies operating in the aviation carbon fiber market are adopting new technologies in the manufacturing of carbon fiber materials used in the aviation industry to sustain their position in the market. For instance, in October 2023, Toray Industries, a Japan-based manufacturer of carbon fiber, launched TORAYCA T1200, the highest-strength carbon fiber globally. This new offering should help to reduce environmental footprints by creating lighter carbon-fiber reinforced plastic materials. Its potential applications span from sporting and leisure goods to aircraft, contributing to various industries.
The Table Of Content For The Market Report 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
…..
27. Aviation Carbon Fiber Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aviation Carbon Fiber Market Analysis 2024-2033 : Market Size, Top Segments, Leading Region Forecast | Toray Industries Inc., Hexcel Corporation, Teijin Carbon Co. Ltd., SGL Carbon SE here
News-ID: 3389218 • Views: …
More Releases from The Business Research Company
Global Creator Loyalty Programs Market Expected to Grow at 20.1% CAGR, Reaching …
How Big Will the Creator Loyalty Programs Market Grow by 2025?
The scale of the market centered on loyalty initiatives for creators has seen swift expansion lately, projected to increase from its 2024 valuation of $1.65 billion to reach $1.98 billion by 2025, illustrating a robust compound annual growth rate of 20.4%; this upward trajectory throughout the past period stems from several key factors, including the heightened utilization of social media…
Future of the Creator Economy Insurance Market: Key Innovations and Long-Term Fo …
What Market Value Will the Creator Economy Insurance Industry Achieve by 2025?
Exponential expansion characterizes the recent trajectory of the creator economy insurance sector, which is projected to increase from a value of $1.40 billion in 2024 to $1.72 billion in 2025, reflecting a compound annual growth rate (CAGR) of 23.0%. This historical upswing is largely fueled by the expanding cohort of self-employed professionals, the greater consumption of digital content, the…
Surging Application Across End Users Powers the Expansion of the Creator Affilia …
How Much Will the Creator Affiliate Management Platform Market Size Increase by 2025?
The sphere of creator affiliate management platforms is experiencing swift expansion, evidenced by its valuation moving from $1.64 billion in the present year, 2024, to an anticipated $1.93 billion throughout 2025, which signifies a compound annual growth rate (CAGR) of 17.4%. This upward trajectory throughout the preceding years is thanks to several key factors: a greater uptake of…
Computer Vision For Retail Market Poised for Robust Growth, Projected to Hit $9. …
Projected Size of the Computer Vision For Retail Market by 2025
The computer vision for retail market has grown rapidly, increasing from $3.41 billion in 2024 to $4.23 billion in 2025, reflecting a CAGR of 24.0%. This growth is driven by the adoption of advanced computer vision technologies, demand for enhanced in-store customer experiences, concerns around retail theft, implementation of intelligent monitoring systems, and increased focus on optimizing inventory management processes.
Forecasted…
More Releases for Carbon
Carbon-Carbon Composite Market to Reach $3.31 Billion by 2031 | SGL Carbon, Toyo …
NEW YORK, (UNITED STATES) - QY Research latest 'Carbon-Carbon Composite Market 2025 Report' offers an unparalleled, in-depth analysis of the industry, delivering critical market insights that empower businesses to enhance their knowledge and refine their decision-making processes. This meticulously crafted report serves as a catalyst for growth, unlocking immense opportunities for companies to boost their return rates and solidify their competitive edge in an ever-evolving market. What sets this report…
Carbon Black Market Next Big Thing | Cabot, Tokai Carbon, Jiangxi Black Carbon, …
Market Research Forecast published a new research publication on "Global U.S. U.S. Carbon Black Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the U.S. U.S. Carbon Black Market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive…
Carbon-Carbon Composite Material Market Size, Share 2024, Impressive Industry Gr …
Report Description: -
QY Research's latest report 'Carbon-Carbon Composite Material Market 2024 Report' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The…
Carbon Black Market Scenario & Industry Applications 2020-2025 | Phillips Carbon …
The global carbon black market size is projected to surpass USD 18 billion by 2025. Carbon black act as a reinforcement material for tires and rubber, and possess electrical conductive properties. Carbon black provide pigmentation, conductivity, and UV protection for a number of coating applications along with toners and printing inks for specific color requirements. Its multiple application across various end product along with rising economic outlook has significantly enhanced…
Global Carbon-Carbon Composite Market 2020-2026 SGL Carbon, Toyo Tanso, Tokai Ca …
Global Carbon-Carbon Composite Market 2020-2026 analysis Report offers a comprehensive analysis of the market. It will therefore via depth Qualitative insights, Historical standing and verifiable projections regarding market size. The projections featured inside the report square measure derived victimisation verified analysis methodologies and assumptions. Report provides a progressive summary of the Carbon-Carbon Composite business 2020 together with definitions, classifications, Carbon-Carbon Composite market research, a decent vary of applications and Carbon-Carbon…
Global Carbon Black Market to 2026| Cabot, Orion Engineered Carbons, Birla Carbo …
Albany, NY, 10th January : Recent research and the current scenario as well as future market potential of "Carbon Black Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" globally.
Carbon Black Market - Overview
Carbon black (CB) is manufactured through partial combustion of heavy hydrocarbons under controlled temperature and pressure to obtain fine particles and aggregates having a wide range of structure and surface properties. This…
