Global High Modulus Carbon Fiber Market Is Anticipated to Reach US$ 779.8 million by 2029, growing at a CAGR of 7.2% During 2023-2039

Carbon fiber is a long, thin strand of material about 0.0002-0.0004 in (0.005-0.010 mm) in diameter and composed mostly of carbon atoms. The carbon atoms are bonded together in microscopic crystals that are more or less aligned parallel to the long axis of the fiber. The crystal alignment makes the fiber incredibly strong for its size. Several thousand carbon fibers are twisted together to form a yarn, which may be used by itself or woven into a fabric. The yarn or fabric is combined with epoxy and wound or molded into shape to form various composite materials.

High modulus carbon fibers can be classified as PAN-based carbon fibers (M, MJ) and pitch based (MP, MK).

High-mode carbon fiber is a dual-use industrial material with unique properties. It has been widely used in augmentation of advanced composite materials such as aerospace, aviation, sports equipment and high-end civilian products.

The global High Modulus Carbon Fiber market size is expected to reach US$ 779.8 million by 2029, growing at a CAGR of 7.2% from 2023 to 2029. The market is mainly driven by the significant applications of High Modulus Carbon Fiber in various end use industries. The expanding demands from the Aerospace, Industrial Materials, Sports/Leisure and Others, are propelling High Modulus Carbon Fiber market. High Modulus (HM) Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ultra High Modulus (UHM) Grade segment is estimated at % CAGR for the next seven-year period.

Asia-Pacific is the largest high modulus carbon fiber dispenser market with about 42% market share. North America is follower, accounting for about 30% market share. The key manufacturers are Toray, Mitsubishi Rayon, Teijin Carbon, Hexcel, Formosa Plastics Corp, Cytec Solvay, Weihai Tuozhan Fiber etc. Top 3 companies occupied about 70% market share.

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Report Objectives

This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for High Modulus Carbon Fiber, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global High Modulus Carbon Fiber market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global High Modulus Carbon Fiber market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, High Modulus Carbon Fiber sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of High Modulus Carbon Fiber covered in this report include Toray, Mitsubishi Rayon, Teijin Carbon, Hexcel, Formosa Plastics Corp, Cytec Solvay and Weihai Tuozhan Fiber, etc.

The global High Modulus Carbon Fiber market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

Toray

Mitsubishi Rayon

Teijin Carbon

Hexcel

Formosa Plastics Corp

Cytec Solvay

Weihai Tuozhan Fiber

Global High Modulus Carbon Fiber market, by region:

North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global High Modulus Carbon Fiber market, Segment by Type:

High Modulus (HM) Grade

Ultra High Modulus (UHM) Grade

Global High Modulus Carbon Fiber market, by Application

Aerospace

Industrial Materials

Sports/Leisure

Others

Core Chapters

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter Two: Detailed analysis of High Modulus Carbon Fiber manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of High Modulus Carbon Fiber in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.

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