The global large tow carbon fiber market is projected to reach $2.9 billion by 2028, at a CAGR of 7.4% during 2023-2028. The growth of large tow carbon fiber market is driven by growing demand for advanced lighter materials in various end use industries, widespread application of this fiber in 3D printing technologies and turbines, and increasing awareness about the environment protection and reducing carbon footprints across the globe.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the large tow carbon fiber market
by product type (48K, 50K, 60K, and others), technology (pan-based,
pitch-based, and others), application (aerospace, energy, automotive, sports,
and others), and region (North America, Europe, Asia Pacific, and the Rest of
the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the large tow carbon fiber market?
Q.4 What are some
changing demands of customers in the large tow carbon fiber market?
Q.5 What are the new
developments in the large tow carbon fiber market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this large tow carbon fiber area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this large tow carbon fiber
market?
Market Segmentation:
Based on product type,
the large tow carbon fiber market is segmented into 48K, 50K, 60K, and others.
The 48K segment accounted for the largest share of the market in 2023 and is
expected to register the highest CAGR during the forecast period, because it is
affordable and meets the requirement for many industrial applications.
North America will
remain the largest region due to the increasing demand for lightweight
composite materials and significant demand for large tow carbon fibers in
various end use industries in the region.
Key Players in the large
tow carbon fiber market are TORAY INDUSTRIES, SGL Carbon, Teijin, Mitsubishi
Chemical, and Solvay.
The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
Related reports
Carbon Fiber in the Global Automotive Composites Market
Glass Fiber in the Global Automotive Composites Market
Glass Fiber Reinforced Plastic (GFRP) Market
Middle East Glass Fiber Market
High Performance Glass Fiber Market
No comments:
Post a Comment