Press release
Global Carbon Fiber Market Analysis, Size, Share, Growth, Trends and Forecast to 2020
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Carbon Fiber Market “Request a Free Sample Report @ https://www.mrrse.com/sample/1062
The global carbon fiber market features an increasingly dense and highly competitive vendor landscape. To sustain in the intensely competitive market, gaining sustainable returns, leading vendors are resorting to strategic collaborations with original equipment manufacturers (OEMs) across key end-user industries. The collaboration between Ford Motor Company and Magna International to develop carbon fiber-based subframe for light-weight vehicles is an instance.
Companies are also focusing on exploiting the benefits of economies of scale to reduce product costs. Some of the leading vendors in the global carbon fiber market are Cytec Industries, Teijin Ltd, Hexcel Corporation, Toray Industries, and Mitsubishi Rayon Co., Ltd, Zoltek Companies Inc., SGL Group - The Carbon Company, and Kureha Corp.
Global carbon fiber market will exhibit a promising 9.9% CAGR from 2014 to 2020, rising from a valuation of US$1.94 bn in 2013 to US$3.73 bn by 2020.
Well-established End-use Sectors to Help Europe Stay at Top in Global Carbon Fiber Market
In terms of product type, the segment of PAN-based carbon fibers presently accounts for the dominant share of the global carbon fiber market. In 2013, the segment held over 85% of the global carbon fiber market, chiefly owing to the exception structural properties of this variety of carbon fiber. The demand for PAN-based carbon fiber is expected to remain strong across key end-use sectors over the report’s forecast period as well.
In terms of geography, the market for carbon fiber in Europe held the dominant position in the global market in terms of revenue contribution in 2013. The regional market accounted for a sizeable 37% of the overall market in the said year, owing chiefly to the well-established aerospace and automotive industries in the region. With stringent emission-related regulations, the region is expected to retain its dominant stance in the global market over the forecast period as well.
Outlook Complete Report with Table of Content @ https://www.mrrse.com/carbon-fiber-market
Weight-reduction Properties of Carbon Fiber to Continue to Boost Demand
Impressive structural strength, combined with a significant reduction in weight of the components manufactured from carbon fiber are the key factors contributing to the increased global demand for carbon fiber. The market is also massively benefitting from the several initiatives, undertaken by government bodies as well as OEMs, to reduce the weight of vehicles to bring down their fuel consumption levels and, in turn, improve their environment-friendliness quotient. In the next few years, carbon fiber is expected to emerge as a key material for manufacturing a number of components and structures in premium as well as economical automobiles, driving the global carbon fiber market.
High Cost could Hinder Growth Prospects to Certain Extent
The market is also expected to benefit from the material’s rising consumption across a number of end-use industries including aerospace, construction, wind power, and sports goods. With rising applications across a number of high-growth potential industries, and the consistently reducing costs, the overall global consumption of carbon fiber is expected to rise at a healthy pace.
Despite massive reductions in cost owing to vast research and development efforts and the massive rise in the number of producers, the costs of carbon fiber still remain relatively higher than a number of industrial fibers. Owing to this factor, the uptake of the material is hindered across several potential end-use applications and small-scale industries, especially across cost-sensitive markets. This could hamper the overall growth of the global carbon fiber market to a certain extent in the next few years.
For the study, the global carbon fiber market has been segmented as follows:
Key segments of the global carbon fiber market
By Product
PAN-based
Pitch-based
Others (including rayon-based, etc.)
By End User
Wind Energy
Automotive
Aerospace and Defense
Sports
Construction
Others (including marine, etc.)
Major regions analyzed under this research report are:
Europe
North America
Asia Pacific
Rest of the World
Send an Inquiry @ https://www.mrrse.com/enquiry/1062
About Market Research Reports Search Engine (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.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 Global Carbon Fiber Market Analysis, Size, Share, Growth, Trends and Forecast to 2020 here
News-ID: 940287 • Views: …
More Releases from MRRSE.com

Automotive Microcontrollers Market | Industry Key Players - AG (Germany), Texas …
MRRSE has recently published a report that explores the market for automotive microcontrollers at a global scale, and covers the market dynamics exhaustively, providing major trends impacting the market growth. This report on global market for automotive microcontrollers provides a detailed knowledge base for players who seek expansion of their presence globally. Insights offered in this report is instrumental for market players and investors, for gauging potential of the bubble…

Global Commercial Refrigeration Equipment Market |Key Players Baltimore Aircoil …
MRRSE provides the forecast and in-depth on the global commercial refrigeration equipment market for the forecast period 2017-2026. The report also analyzes the market in terms of market volume and value and offers information on the market dynamics, competitors, current market scenario, and future market growth. Year-on-year growth and important factors supporting the decision-making process is also offered in the report on the global market for commercial refrigeration equipment.
Get Report…

Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Thr …
A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Through 2026” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview.
The report comprises a detailed value chain analysis, which provides a comprehensive view…

Frontotemporal Disorders Treatment Market (2018-2028) || Key Players are Pfizer …
A recent market study published by company – “Frontotemporal Disorders Treatment Market Assessment & Opportunity Analysis Recorded for 2018 – 2028” – consists of a comprehensive assessment of the most important market dynamics. On conducting a thorough research on the historic as well as current growth parameters of the frontotemporal disorders treatment market, growth prospects of the market are obtained with maximum precision. The report features unique and salient factors…
More Releases for MRRSE
Global Market Study on Enterprise Governance, Risk and Compliance (EGRC)-MRRSE
Enterprise governance, risk and compliance (EGRC) being a multifaceted and innovative approach to risk management, corporate governance and compliance issues has a direct impact on business objectives. Market Research Reports Search Engine (MRRSE) has recently publicized the addition of a new research report to its vast online repository with a title “Enterprise Governance, Risk and Compliance (EGRC) Market: Global Industry Analysis and Forecast, 2016-2024”. This report on global enterprise governance, risk and…
Latest Research Reports - MRRSE
The rising usage of vetiver oil in aromatherapy, due to its popularity as precious therapeutic oil in eastern countries on account of its safe, convenient and customary application is a major factor behind the increasing production for vetiver oil. A market research report titled as “Haitian Vetiver Oil Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024” has been recently added to the vast online…
Industry Research Reports - MRRSE
This Future Market Insights report examines the ‘High Content Screening (HCS) Market for the period 2015–2025. New product launches are resulting in product assortment and thus, increased installation of High Content Screening (HCS) instruments. This is expected to bolster growth of the High Content Screening (HCS) market over the next five to six years. Furthermore, increasing government support for research and development for drug discovery processes across the globe is…
Business Research Reports - MRRSE
Albany, New York, March 30, 2017: Market Research Reports Search Engine (MRRSE) announces the addition of a new report titled Global Market Study on Natural and Organic Flavors: Rising Health Consciousness among Consumers Expected to Boost Market Growth. This Persistence Market Research (PMR) report analyzes the Natural and Organic Flavors Market at the global as well as regional levels. This study provides data for 2015 along with that for the…
Global Steam Autoclave Market Boosted by Growing Cases of Nosocomial Infections: …
Albany, New York, October 2016: Market Research Reports Search Engine (MRRSE.com) has added a new report to its ever-expanding database on the global industries of medical devices. The latest addition, titled Steam Autoclave Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024,” is an updated report that discusses the various possibilities where players in this market can utilize to gain a stronger foothold in it.…
Wearable Technology Market Outlook, Competitive analysis, Industry Trends: MRRSE
This report covers the global wearable technology market size and forecast from 2012 to 2018 along with their application in different end-use segments such as wellness and fitness, healthcare and medical, infotainment, industrial and military. The performance of wearable technology applications across different geographical regions namely, North America, Europe, Asia and RoW (Rest of the World) has also been covered in this report.
Browse the full Global Wearable Technology Market…