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Asia-Pacific Carbon Fiber Market: Global Industry Analysis and Forecast 2020-2026

Asia-Pacific carbon fiber market is estimated to grow significantly at a CAGR of around 9.4% during the forecast period owing to the significant production of the electric vehicle, growing aviation sector, and rising government expenditure in aerospace & defense. Aircraft manufacturers are expanding their production capacity in the region, which is further reinforcing the demand for carbon fiber.

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Asia-Pacific Carbon Fiber Market: Global Industry Analysis and Forecast 2020-2026

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  1. Orion Market Research Asia-Pacific Carbon Fiber Market:Industry Growth, Size, Share and Forecast 2020-2026 Request a Free Sample of Report Asia-Pacific Carbon Fiber Market at https://www.omrglobal.com/request- sample/asia-pacific-carbon-fiber-market -------------------------------------------------------------------------------------------------------------------------------------------------- Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780304040

  2. Asia-Pacific carbon fiber market is estimated to grow significantly at a CAGR of around 9.4% during the forecast period owing to the significant production of the electric vehicle, growing aviation sector, and rising government expenditure in aerospace & defense. Aircraft manufacturers are expanding their production capacity in the region, which is further reinforcing the demand for carbon fiber. Boeing and Airbus SE are some renowned aircraft manufacturers with production facilities across Asia-Pacific countries, including China and India. A full Report of Asia-Pacific Carbon Fiber Market at https://www.omrglobal.com/industry-reports/asia- pacific-carbon-fiber-market The Commercial Aircraft Corp. of China, Ltd. and Hindustan Aeronautics Ltd. is also significantly focusing on accelerating their production capacity to meet the emerging demand for commercial and military aircraft. This will likely support the demand for carbon fiber owing to its potential benefits such as weight reduction and resultant fuel efficiency. The rising demand for clean energy sources is further driving the market growth in the region. To learn more about this report request a free sample copy @ https://www.omrglobal.com/request- sample/asia-pacific-carbon-fiber-market Asia-Pacific carbon fiber market is segmented on the basis of raw material, fiber type, and industry vertical. On the basis of raw material, the market is sub-segmented into PAN and petroleum pitch & rayon. Based on the fiber type, the market is classified into virgin carbon fiber and recycled carbon fiber. Based on the industry verticals, the market is classified into aerospace & defense, automotive, construction infrastructure, and others such as sporting goods. Among these, the automotive industry segment accounted for a significant share in the market. Asia-Pacific Carbon Fiber Market Segmentation By Raw Material •Polyacrylonitrile (PAN) •Petroleum Pitch & Rayon By Fiber Type •Virgin Carbon Fiber •Recycled Carbon fiber By Application •Interior •Exterior

  3. •Structural Assembly •Others (Powertrain Components) Company Profiles •DowAksa Advanced Composites Holdings BV •Formosa Plastics Corp.excel Corp. •Muhr Und Bender KG •Polar Manufacturing Ltd. •Sigmatex Ltd. •Solvay SA •SGL Carbon SE •Toray Industries, Inc. •Teijin Ltd. •UMATEX, ROSATOM State Corp. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/asia-pacific-carbon-fiber-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. AnuragTiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404

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