Press release
Lucintel Forecasts Carbon Fiber Market to Reach $4 billion by 2031
Carbon Fiber Market: Trends, Opportunities and Competitive Analysis to 2031
According to the recent study the carbon fiber market [https://www.lucintel.com/carbon-fiber-market.aspx] is projected to reach an estimated $4 billion by 2031 with a CAGR of 5% from 2024 to 2031. Growth in this market is primarily driven by growth, owing to factors such as increasing demand for lightweight and fuel-efficient vehicles, aerospace advancements, wind energy expansion, and growing applications in sports and leisure sectors. Carbon fiber is widely used in industries such as automotive, aerospace, wind energy, sports equipment, construction, and marine, among others. The major drivers for market growth are growing demand for high performance and lightweight composite materials and increasing performance requirements in the end uses.
Browse 119 figures / charts and 113 tables in this 306 -page report to understand trends, opportunities and forecast in carbon fiber market by end use (aerospace, industrial, and sporting goods), precursor type (PAN BASED based and Pitch based based), tow size (small tow (24k)), modulus (standard modulus, intermediate modulus, and high modulus), and region (North America, Europe, and the Rest of the World).
Lucintel forecasts that industrial will remain the largest end use segment and aerospace is expected to witness highest growth over the forecast period.
PAN based carbon fiber will remain the largest segment and pitch based is expected to witness the highest growth over the forecast period.
Download sample by clicking on carbon fiber market
APAC is expected to remain the largest market and it is also expected to witness the highest growth over the forecast period due to demand from the industries of aerospace, automotive, and wind energy.
Toray Industries Inc., Hexcel Corporation, Mitsubishi Chemical Corporation, Syensqo, SGL Carbon, Teijin Limited, Formosa Plastics Corporation, DowAksa, Hyosung, Nippon Graphite Fiber Corporation are the major suppliers in the carbon fiber market.
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 To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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
Explore Our Latest Publications
[https://www.lucintel.com/coating-heads-market.aspx]
[https://www.lucintel.com/epoxy-coating-market.aspx]
[https://www.lucintel.com/hard-coating-market.aspx]
[https://www.lucintel.com/rebar-coating-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-carbon-fiber-market-to-reach-4-billion-by-2031]
Phone: 972.636.5056
Address:8951 Cypress Waters Blvd., Suite 160
City: Dallas
State: TEXAS
Country: United States
Website: https://www.lucintel.com/carbon-fiber-market.aspx
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
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 Lucintel Forecasts Carbon Fiber Market to Reach $4 billion by 2031 here
News-ID: 4098439 • Views: …
More Releases from ABNewswire
Post-Construction Cleaning Demand Rises Among Miami Renovators as The Prime Clea …
Miami homeowners and contractors are driving increased demand for professional post-construction cleaning services, with The Prime Cleaner reporting significant growth in this specialty category across South Florida.
MIAMI, FL - Demand for professional post-construction cleaning services is rising across Miami as homeowners complete renovations and contractors seek reliable cleaning partners for new builds. The Prime Cleaner has expanded its post-construction cleaning services [https://www.theprimecleaner.com/service/post-construction-cleaning] to meet the growing need.
Miami's construction and renovation…
Extending the Invisible Cord: Why Bluetooth Repeaters Are Essential for Seamless …
We live in a wireless world. Our headphones, keyboards, speakers, and even our lightbulbs connect via Bluetooth, freeing us from the tangle of cables. Yet, despite its convenience, Bluetooth has a wellknown limitation: range. The connection between a device and its source-whether it's a phone streaming music or a sensor reporting data-can stretch only so far before it stutters and drops. For homes, offices, and industrial facilities, these dead zones…
Beyond GPS: How Bluetooth Beacons Are Bridging the Gap Between Digital and Physi …
In an era dominated by GPS, it is easy to assume we have solved the problem of location tracking. We can navigate bustling cities, track lost phones, and find the nearest coffee shop with pinpoint accuracy-provided we are outside. But the moment we step indoors, the satellite signals fade, leaving a blind spot in our connected experiences.
This is where a small, unassuming piece of technology is making a massive impact:…
ECI Jewelers Introduces Streamlined Selling Experience with Same-Day Offers and …
ECI Jewelers has enhanced its luxury watch and jewelry buying service with same-day market-based offers and instant payment options for sellers nationwide. The concierge-style approach includes free valuations, full insurance coverage during transit, and expert assessment from the company's New York City Diamond District location, simplifying the selling process for owners of premium timepieces from brands like Rolex, Patek Philippe, and Audemars Piguet.
Elegant Creations Inc, operating as ECI Jewelers, has…
More Releases for Lucintel
Lucintel Forecasts the Global Carbon Fiber Textile Market
Lucintel finds that the future of the global carbon fiber textile intermediate material market looks promising with opportunities in transportation, marine, wind energy, aerospace and defense, construction, consumer goods end use industries. The global carbon fiber textile market is expected to reach an estimated $3 billion by 2031 with a CAGR of 5% from 2024 to 2031
According to a market report by Lucintel, the future of the global carbon fiber…
Lucintel Forecasts Bicycle Market to Reach $62.0 billion
According to the recent study the bicycle market is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030
According to the recent study the bicycle market [https://www.lucintel.com/bicycle-market-report.aspx] is projected to reach an estimated $62.0 billion by 2030 from $47.8 billion in 2023, at a CAGR of 4.0% from 2023 to 2030. Growth in this market is primarily…
Lucintel Forecasts BRIC Composites Market
According to the recent study the BRIC composites market is projected to reach an estimated $25.0 billion by 2030 from $18.4 billion in 2023, at a CAGR of 5.0% from 2023 to 2030
According to the recent study the BRIC composites market [https://www.lucintel.com/bric-composites-market.aspx] is projected to reach an estimated $25.0 billion by 2030 from $18.4 billion in 2023, at a CAGR of 5.0% from 2023 to 2030. Growth in this market…
Lucintel Forecasts FRP Pole Market to Reach $277.0 million
According to the recent study the FRP Pole Market is projected to reach an estimated $277.0 million by 2030 from $218.3 million in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by the ongoing replacement of obsolete wooden poles and performance benefits of FRP poles like rot and corrosion resistance, minimal maintenance, and easy installation over wood, steel, and other poles.
According…
Lucintel Forecasts Acrylonitrile Market to Reach $13.0 billion by 2023
According to the recent study the acrylonitrile market is projected to reach an estimated $13.0 billion by 2023 from $10.6 billion in 2023, at a CAGR of 3.0% from 2023 to 2030. Growth in this market is primarily driven by increasing use of acrylonitrile in various parts of automotive and construction industry for its chemical and thermal properties, and the use of acrylonitrile in manufacturing acrylic fiber and acrylonitrile butadiene…
Lucintel Forecasts Recycled Carbon Fiber Market
According to the recent study the recycled carbon fiber market is projected to reach an estimated $103.0 million by 2030 from $59.20 million in 2023, at a CAGR of 8.0% from 2023 to 2030. Growth in this market is primarily driven by regulations for reuse & recyclability of materials and the cost advantage of recycled carbon fiber compared to virgin carbon fiber.
According to the recent study the recycled carbon fiber…
