According to the recent study the global carbon fiber textile market is projected to reach an estimated $4 billion by 2030 from $3 billion in 2023 at a CAGR of 6% from 2023 to 2030. Growth in this market is primarily driven by growing demand for lightweight and high performance composite materials in transportation, marine, wind energy, aerospace/defense, and construction industries.
Browse 107 figures/charts
and 68 tables in this 205-page report to understand trends, opportunities and
forecast in carbon fiber textile market by end use (transportation, marine, wind
energy, aerospace and defense, construction, consumer goods, and others),
product type (woven textiles and non-woven textiles), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that
aerospace and defense will remain the largest end use by value and it is also
expected to witness the highest growth over the forecast period due to higher
strength and stiffness properties.
Woven textile will
remain the largest segment due to its wide application area in transportation,
aerospace/defense, and wind energy industries. The non-woven textile is
expected to witness highest growth over the forecast period due to its better
drapability, optimization in component design, and de-lamination resistance.
APAC is expected to remain
the largest region due to presence of leading carbon fiber composite component
manufacturers and North America is expected to witness the highest growth over
the forecast period due to growing end use industries in the region.
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carbon fiber
textile market.
Saertex Group, Sigmatex
(UK) Ltd., VECTORPLY CORPORATION, Chomarat, BGF Industries, SGL Group, Hexcel,
SELCOM S.R.L, and Toray Industries, Inc. are the major suppliers in the carbon fiber textile market.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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