Lucintel's latest market report analyzed that carbon fiber provides attractive opportunities in aerospace, industrial, and sporting goods industries. The carbon fiber market is expected to reach $2.8 billion by 2025 with a CAGR of 0.9%. In this market, aerospace is the largest segment by end use industry, whereas small tow (less than equal to 24k) is largest by tow size. Emergence of new applications and initiatives to innovate and commercialize the use of alternative precursors to reduce the manufacturing costs of carbon fiber provides strategic growth path in this market.
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Based on end use industry, the carbon fiber market is segmented into aerospace,
industrial and sporting goods. The aerospace segment accounted for the largest
share of the market in 2020 and is expected to register the highest CAGR during
the forecast period, due increasing demand for high performance lightweight
materials in the automotive industry and growing demand for carbon composites
in wind turbine with the increasing length of wind blades are driving market
growth over the forecast period.
Browse in-depth TOC on “Carbon
Fiber Market”
142 – Tables
157 – Figures
215 – Pages
The carbon fiber market is
marked by the presence of several big and small players. Some of the prominent
players offering carbon fiber include Toray, Mitsubishi, Teijin, Hexcel, SGL,
and Cytec Solvay Group.
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This unique research report will enable you
to make confident business decisions in this globally competitive marketplace. For
a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on
this link helpdesk@lucintel.com.
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
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Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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Carbon Fiber in the
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For more details click here https://www.lucintel.com/aerospace-carbon-fiber-market.aspx
Growth Opportunities
for Carbon Fiber in the Global Automotive Market:
For more details click here https://www.lucintel.com/carbon-fiber-in-the-global-automotive-market.aspx
Growth Opportunities in the European
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For more details click here https://www.lucintel.com/european-glass-fiber-market.aspx
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