Transparency Market Research’s most recent research endeavor, focusing on the “Carbon Fiber Market Forecast 2022-2031,” furnishes precise economic projections and detailed analyses at both global and country levels. The study offers an all-encompassing view of the competitive landscape, complemented by a thorough supply chain analysis, aiding businesses in recognizing pivotal transformations within industry norms. Additionally, the market report conducts an evaluation of the current status of the Carbon Fiber industry, exploring anticipated growth, technological innovations, investment opportunities, market dynamics, and financial insights.
As per Transparency Market Research’s analysis, the Carbon Fiber market is poised to reach a valuation of around US$ 4.5 billion by the close of 2031. Furthermore, the report predicts a steady growth trajectory, with the market expected to expand at a robust CAGR of 6.8% throughout the forecast period spanning from 2022 to 2031.
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Aerospace engineers are focusing on carbon fiber material to build aircraft bodies, owing to its unique properties such as lightweight, high stiffness, high temperature tolerance, high chemical resistance, etc. Moreover, the demand for carbon fiber is anticipated to rise in building & construction industry due to lack of need for maintenance and repair work for products made of carbon fiber. Companies are expected to invest in R&D to develop carbon fiber materials for a wide range of applications in various fields such as electrochemistry, water treatment, etc. Therefore, manufacturers should tap into numerous opportunities in carbon fiber in order to broaden their revenue streams.
Updated Version of Sample Report Included:
- Detailed industry forecast
- Brief Introduction to the research report.
- Additional information on company participants
- Customized reports and analyst assistance are available upon request.
- Recent market developments and potential future growth opportunities
- Personalized regional/country reports upon request
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The report covers extensive competitive intelligence which includes the following data points:
– Business Overview
– Business Model
– Financial Data
– Financial – Existing
– Financial – Funding
– Product/Service Segment Analysis and specification
– Recent Development and Company Strategy Analysis
– SWOT Analysis
Competitor Analysis:
The significant players operating in the global Carbon Fiber market are
Toray Industries Inc, Hexcel Corporation, Formosa Plastics Corp, Teijin Carbon, Mitsuibishi, and SGL Carbon
Market Segmentation –
- Product
- PAN-based
- Pitch-based
- Others
- Technology
- Prepreg Layup
- Pultrusion
- Winding
- Press & Injection Molding
- Others
- Application
- Automotive & Transportation
- Interior
- Exterior
- Others
- Construction
- Aerospace & Defense
- Sports & Leisure
- Marine and Oil & Gas
- Wind Energy
- Others
- Automotive & Transportation
This Report lets you identify the opportunities in Carbon Fiber Market by means of a region:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
- South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)
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Key Features of the Carbon Fiber Market Report: –
➤ Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.
➤ Examine the market opportunities for stakeholders by identifying higher growth sections.
➤ To study and analyze the global Carbon Fiber industry status and forecast including key regions.
➤ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
➤ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter’s Five Forces analysis to provide a deeper understanding of the market.
➤ It helps you make strategic business decisions and investment plans.
Key Developments in Global Carbon Fiber Market
On April 13, 2022, SGL Carbon presents carbon fiber material and forged carbon fiber composite solutions for automotive series production and industrial applications. At this year’s JEC World, SGL is expected to present the so-called stacks, precisely tailored and customer-specifically assembled packages of carbon fiber layers. Experts at SGL Carbon are working closely with their customers to make component production with the material carbon particularly efficient and to integrate it optimally into existing customer processes.
On October 4, 2021, Toray Industries, a market-leading carbon fiber and advanced composite materials supplier, announced that it is likely to showcase its wide range of high-performance materials for the composite market at the upcoming Composites and Advanced Materials Expo (CAMX) on October 19-21 in Dallas, Texas, U.S. The Toray booth would feature its specialized product portfolio including forged carbon fiber and advanced thermoplastic and thermoset composite materials for aerospace and defense, consumer, and industrial markets.
On March 10, 2022, Hexcel Corporation (NYSE: HXL) announced that it would showcase its unique portfolio of forged carbon that has been optimized for thermoplastic processing applications when the company exhibits at the American Composites Manufacturers Association (ACMA) Thermoplastic Composites Conference, beginning March 22 in San Diego, U.S. Hexcel is the only carbon fiber manufacturer able to supply its range of fibers with or without sizing, making HexTow upsized fibers the go-to option for thermoplastic specialists due to their enhanced processing properties.
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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