Find out How the Value of Carbon Fiber Market has Changed Over Time The report "Carbon Fiber Market by Product Type (Continuous, Long, Short), Raw Material (PAN, Pitch, Rayon), Form ( Composite, Non-Composite), End User Industry (Aerospace & Defense, Automotive, Wind Energy, Sporting Goods), and Region - Global Forecast to 2026 ", The global carbon fiber market is estimated to be valued at USD 2.87 Billion in 2016, and is projected to reach USD 8.00 Billion by 2026 at a CAGR of 10.8%. Browse 81 market data tables and 54 figures spread through 149 pages and in-depth TOC on “Carbon Fiber Market by Product Type (Continuous, Long, Short), Raw Material (PAN, Pitch, Rayon), Form ( Composite, Non- Composite), End User Industry (Aerospace & Defense, Automotive, Wind Energy, Sporting Goods), and Region - Global Forecast to 2026 ” https://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.html The increasing demand for carbon fiber based composites that can increase the strength and stiffness of structural parts, is driving the usage of carbon fiber in many end-user industries such as, automotive, aerospace & defense, among others. Composite form comprises a major share of the carbon fiber market in terms of value The composite form of carbon fiber is used in various industries such as, aerospace & defense, automotive, wind energy, sporting goods, pipe & tank, civil engineering, marine, and others. Carbon fiber offers high strength, rigidity, high tensile strength, and so on, due to which, it is used in these end-use industries. Continuous carbon fiber is the largest product type for carbon fiber in terms of volume Continuous carbon fiber offers higher tensile strength as compared to other types of carbon fiber products. These fibers can be used in layup, weaving, prepregging, filament winding, braiding, and pultrusion processes for manufacturing composite parts for various end-use industries such as, aerospace & defense, automotive, and wind energy. Continuous carbon fiber is also used in the 3D printing industry as it offers stiffness and strength. North America accounts for a major market share in the carbon fiber market The growth of the carbon fiber market in the North American region is driven by the growing aerospace & defense, wind energy, and automotive industries due to the presence of established players and stringent environmental regulations stressing upon the use of carbon based composites. Some of the leading players such as, Hexcel Corporation (U.S.) and Cytec Industries (U.S.) have accelerated their R&D efforts to provide good quality carbon fiber. Moreover, the Asia- Pacific region is witnessing rapid economic development and industrialization, which is also giving an impetus to the carbon fiber market in the region. Some of the key global players in the carbon fiber market are, Hexcel Corporation (U.S.), Mitsubishi Rayon Co. Ltd. (Japan), Teijin Limited (Japan), Hyosung (South Korea), and others. These players have adopted various organic and inorganic developmental strategies during the past five years. Target Audience • • • • Carbon fiber manufacturers Raw material suppliers Distributors & suppliers Industry associations On the basis of End-Use Industry, • Automotive
• • • • • • • • Aerospace & defense Sporting Goods Wind Energy Civil Engineering Pipe & Tank Marine Electrical & Electronics Others Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=396 On the basis of Raw Material, • • • PAN-based carbon fiber Pitch – based carbon fiber Rayon – based carbon fiber On the basis of Product Type, • • • Continuous carbon fiber Long carbon fiber Short carbon fiber On the basis of Form, • • • Composite Long carbon fiber Short carbon fiber On the basis of Region, • • • • • North America Europe Asia-Pacific Latin America Middle East & Africa About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
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