According to a new report published by Reports Monitor titled, “ Global Carbon Fiber Market, Growth Opportunities, Innovations and Forecast, 2018-2025,” the global carbon fiber market is projected to grow rapidly from from 2018 to 2025.
Carbon fiber has a wide application range, right from sports to aerospace and automotive industries. It offers features such as high tensile strength, high temperature tolerance, stiffness and light weight making it very beneficial and functional in variety of applications.
Carbon fiber provides the freedom to manufactures to design sports equipment such as rackets, snowboards, hockey sticks and more efficiently, increasing its demand in the sports sector. Another factor escalating market growth is the increasing demand to build light weight, energy efficient and eco-friendly vehicles. For instance, In December 2017, Zoltek featured its PX35 carbon fiber on the Uniti Electric car. By utilizing Zoltek PX35 carbon fiber, Uniti was able to create an electric car that is light weight without sacrificing safety or comfort. The need for carbon fiber in aerospace and defense sector is also fuelling market growth. On the other hand, high product cost and high energy consumption for production of carbon fiber may hamper growth of market.
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The Global Carbon Fiber market research report provides key insights on the growth opportunities of this market based on regions, applications and upcoming technologies. It includes detailed analysis of the current market situations such as market size, upcoming developments and investments. Major advancements and key strategies of major companies such as mergers and acquisitions, value chain analysis and swot analysis have also been included in this report. The report has been composed by carrying out in-depth analysis of both primary and secondary data sources.
The global carbon fiber market is analyzed across segments such as raw materials, form and end-use industry. On the basis of the type of raw material used, the market is divided into polyacrylonitrile (PAN) based, petroleum pitch based and rayon based. In terms of the form, the market is segmented into two types mainly, composite form and non-composite form. On the basis of the end-use industry, the market is segmented into automotive, aerospace and defense, sports equipment, wind turbines, construction, moulding and compounding, civil engineering, marine and others. The aerospace and defense industry is escalating the carbon fiber market. According to Royal Society of Chemistry (RSC), the new Airbus A380, world’s largest passenger airline, makes use of composites in its design. More than 20% of the A380 is made of composites, mainly plastic reinforced with carbon fiber. High product cost may be a problem for the growth of this market.
View Full Report Description with TOC: https://goo.gl/1bSEvK
North America and Europe are rising in this market due to factors such as increasing demand for carbon fiber in the automotive and aerospace industry. Owing to large number of manufacturers of carbon fiber in Japan is also influencing market. The carbon fiber market is analyzed across regions North America, Europe, Asia Pacific (APAC) and Latin America, Middle East and Africa (LAMEA).
The key vendors in this market are: Hexcel Corporation, Cytec Industries, Mitsubishi Rayon Co. Ltd., Teijin Limited, Hyosung, Toray Industries Inc., SGL Group, Dowaksa, Zoltek, TohoTenax and Nippon Graphite Fiber Corporation.
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
Some Points from TOC:
1.1. Market Definition
1.2. Market Scope
2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Carbon Fiber- Value Chain Analysis
3.3. Key Market Trend Analysis
3.3.1. Market Drivers
3.3.2. Market Restraint/Challenges
3.3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Potential Venture Avenues
3.6. Market Share Analysis, 2016
3.7. Market Overview
4. Segmentation Overview
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. By Raw Materials
22.214.171.124. Polyacrylonitrile (PAN) Based
126.96.36.199. Petroleum Pitch Based
188.8.131.52. Rayon Based
4.2.2. By Form
184.108.40.206. Composite Form
220.127.116.11. Non-Composite Form
4.2.3. By End-Use Industry
18.104.22.168. Aerospace and Defence
22.214.171.124. Sports Equipment
126.96.36.199. Wind Turbines
188.8.131.52. Moulding and Compounding
184.108.40.206. Civil Engineering
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
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