Press release
Carbon Fiber Market Size Is Estimated To Reach $6.36 Billion By 2025: Grand View Research, Inc.
Europe is anticipated to be the largest as well as fastest growing region owing to the presence of aircraft manufacturing giants and major automobile manufacturers such as BMW, Mercedes, Ferrari etc. These companies are emphasizing on building low-weight, fuel efficient, low emission, environment friendly cars, which directly will lead to the increased consumption of carbon fibre in various applications.
The industry is growing and is composed of several large players. However, minimizing the overall product cost is a major challenge faced by market participants. The market is characterized by strategic partnerships in order to achieve competitive advantage over their competitors.
Browse full research report on Global Carbon Fiber Market: (http://www.grandviewresearch.com/industry-analysis/carbon-fiber-market-analysis?utm_source=pressrelease&utm_medium=referral&utm_campaign=openpr_Aug&utm_content=content)
Further Key Findings from the Study Suggest:
• The global market is valued at USD 2.49 billion in 2016 and is estimated to register a growth of 10.9% from 2017 to 2025.
• Europe is expected to hold the highest market share by 2025 in terms of both volume and revenue
• U.S carbon fibre market is expected to witness the highest growth from automotive segment growing at an estimated CAGR of 13.3% during 2014 to 2025
• Growth in Asia Pacific can be attributed to high growth of construction as well as automotive industries
• The aerospace and defense segment holds the highest market share and is projected to grow at an estimated CAGR of 13.1% over the next nine years.
• Carbon fiber being lightweight, has been increasingly used in aircraft building over traditional materials such as aluminum. This has led to the segment growth over the period.
• Polyacrylonitrile (PAN) is expected to witness highest growth due to its superior properties in addition to the extensive production capacities.
• Pitch segment is estimated to grow at a CAGR of 7.8% by volume over the forecast period.
• Key companies operating in the market include, SGL Group, BASF, Hexcel Corporation, Toray Industries Inc., Mitsubishi Rayon Co., Ltd., SE and Teijin Limited, etc.
Read our blogs by Grand View Research: (http://www.grandviewresearch.com/blog/carbon-fiber-industry)
Grand View Research has segmented the global carbon fiber market on the basis of raw material, tow size and application:
Carbon Fiber Raw Material Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
• PAN Based
• Pitch Based
Carbon Fiber Tow Size Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
• Small Tow
• Large Tow
Carbon Fiber Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
• Automotive
• Aerospace & Defense
• Wind Turbines
• Sports equipment
• Molding & Compounding
• Construction
• Pressure vessels
• Others
Carbon Fiber Regional Outlook (Tons, USD Million, 2014 - 2025)
• North America
o U.S.
o Mexico
o Canada
• Europe
o Germany
o France
o UK
• Asia Pacific
o Japan
o China
o Taiwan
• Central & South America (CSA)
o Brazil
• Middle East & Africa (MEA)
For more information: www.grandviewresearch.com
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Press Contact
Sherry James - Corporate Relations Specialist
201 Spear St #1100, Suite #3036
San Francisco, CA 94105
United States
Phone: 1-415-349-0058
Email: sales@grandviewresearch.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 Carbon Fiber Market Size Is Estimated To Reach $6.36 Billion By 2025: Grand View Research, Inc. here
News-ID: 694229 • Views: …
More Releases from Grand View Research, Inc.
Generative AI Market Size, Share, And Industry Outlook Report, 2030
Generative AI Market Growth & Trends
The global generative AI market size is anticipated to reach USD 109.37 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 37.6% from 2025 to 2030. Growing demand to modernize workflow across industries is expected to drive the demand for generative AI applications among industries. Other factors that propel the market growth include the evolution of AI…
Maternal Mental Health Market To Reach $45.72 Billion By 2030 | Therapy Mama, Ca …
The global maternal mental health market size is expected to reach USD 45.72 billion by 2030, growing at a CAGR of 28.43%, according to a new report by Grand View Research, Inc. Maternal mental health issues are a global concern that affects women of various countries and cultures. It refers to the emotional well-being of women during the pregnancy and postpartum period. The market is driven by the increasing incidence…
Downstream Processing Market Size, Share & Trends Analysis Report, 2030
The global downstream processing market size is expected to reach USD 94.79 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 14.84% from 2023 to 2030. The capacity requirements during the development of biologic drugs have changed over the past few years, wherein the demand for manufacturing high-volume products has shifted to developing small-volume, high-potency…
Electric Mobility Industry: E- Light Commercial Vehicle Thereby Contributing To …
The global electric mobility industry size stood at USD 101.67 billion in 2022 and will exhibit a CAGR of 19.9% from 2023 to 2030, according to the "Electric Mobility Industry Data Book, 2023 - 2030," published by Grand View Research. The growth comes on the back of an exponential rise in smart cities and a gradual uptick in charging infrastructure. Further, the strong outlook of electric mobility will rely on the launch…
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…
