Lucintel Forecasts Global Carbon Fiber Textile Market to Reach $4 billion by 2030

The future of the global carbon fiber textile intermediate material market looks promising with opportunities in transportation, marine, wind energy, aerospace and defense, construction, and consumer goods end uses. The global carbon fiber textile market is expected to reach an estimated $4 billion by 2030 with a CAGR of 6% from 2023 to 2030. The major drivers for this market are the growing demand for lightweight and high-performance composite materials in transportation, marine,wind energy etc
According to the recent study the carbon fiber textile market [https://www.lucintel.com/carbon-fiber-textile-market.aspx] is projected to reach an estimated $4 billion by 2030 with a CAGR of 6% from 2023 to 2030. Growth in this market is primarily driven by growing demand for lightweight and high performance composite materials in transportation, marine, wind energy, aerospace/defense, and construction industries.

Browse 123 figures / charts and 94 tables in this 214 -page report to understand trends, opportunities and forecast in carbon fiber textile market by end use (transportation, marine, wind energy, aerospace and defense, construction, consumer goods, and others), product type (woven textiles and non-woven textiles), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link https://www.lucintel.com/carbon-fiber-textile-market.aspx"Wind energy market is expected to remain the largest segment during the forecast period."

Based on end use, the carbon fiber textile market is segmented into transportation, marine, wind energy, aerospace and defense, construction, consumer goods, and others. Lucintel forecasts that the wind energy market is expected to remain the largest segment due to higher strength and stiffness properties.

"Within the carbon fiber textile market, the woven textile segment is expected to remain the largest product type"

Based on product type the woven textile segment is expected to witness the highest growth over the forecast period due to its better drapability, optimization in component design, and de-lamination resistance.

"Europe will dominate the carbon fiber textile market in near future"

Europe is expected to remain the largest region and it is also expected to witness the highest growth over the forecast period due to presence of leading carbon fiber composite component manufacturers.

Download Brochure of this report by clicking on https://www.lucintel.com/carbon-fiber-textile-market.aspx

Major players of carbon fiber textile market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Saertex Group, Sigmatex (UK) Ltd., VECTORPLY CORPORATION, Chomarat, BGF Industries, SGL Group, Hexcel, SELCOM S.R.L, and Toray Industries, Inc. are among the major carbon fiber textile providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:

Roy Almaguer,

Lucintel

Dallas, Texas, USA

Email: roy.almaguer@lucintel.com

Tel. +1 972.636.5056

Related reports

Composites Market [https://www.lucintel.com/composites-market.aspx]

Glass Fiber Market [https://www.lucintel.com/glass-fiber-market.aspx]

Carbon Fiber Market [https://www.lucintel.com/carbon-fiber-market.aspx]

Media Contact
Company Name: Lucintel
Contact Person: Roy Almaguer
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=lucintel-forecasts-global-carbon-fiber-textile-market-to-reach-4-billion-by-2030]
Phone: 972.636.5056
Address:8951 Cypress Waters Blvd., Suite 160
City: Dallas
State: TEXAS
Country: United States
Website: https://www.lucintel.com/



This release was published on openPR.