In the latest report from Emergen Research, the market research report discusses the global Carbon Fiber market in depth, and each of the major market segments is examined in depth. In addition to market information, the report provides industry statistics, regional market revenue shares, gross profits, production & distribution costs, and product portfolios related to the global Carbon Fiber market. There are also a number of factors influencing industry revenue growth identified in the report, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, stringent regulatory frameworks, as well as a multitude of other micro- and macro-economic factors. This report comprehensively analyzes the impact of the pandemic on the Carbon Fiber market and its major segments. Additionally, the report also includes an analysis of the current and future impact of the pandemic on market growth.
The global carbon fiber market size is expected to reach USD 12.93 Billion and register a robust revenue CAGR of 10.8% during the forecast period, according to latest analysis by Emergen Research. This steady market revenue growth can be attributed to rising demand for carbon fiber from aerospace and defense sector as well as from automotive, marine, and sports industries and sectors. Carbon fibers are strong and highly durable to stress, which makes the material highly dependable for a variety of critical and simple applications and products. Aircraft operating in aviation and defense sectors require strength and need to be light weight to function efficiently. The advantages and benefits associated with carbon fiber such as high tensile strength, lightweight, high stress resistance, corrosion resistance, and flexibility makes the material ideal for manufacturing of high end aircraft and related parts and components. High demand for next generation single-aisle aircrafts is another factor driving steady growth of the market. High end automobile manufacturers such as Bentley and BMW use carbon fibers in exterior components such as bumpers, bonnets, and front ends of vehicles. New technological advancements in the field of carbon fiber is also propelling market growth due to adoption of this material in an expanding range of applications and areas.
The report guides market participants, emerging players, and stakeholders on how to combat the COVID-19 pandemic. This report comprehensively analyzes the impact of the pandemic on the Carbon Fiber market and its major segments. Additionally, the report also includes an analysis of the current and future impact of the pandemic on market growth.
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Market Overview:
The report bifurcates the Carbon Fiber market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Research Report on the Carbon Fiber Market Addresses the Following Key Questions:
- Who are the dominant players of the Carbon Fiber market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Carbon Fiber market?
- What are the key growth drivers and restraining factors of the Carbon Fiber market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Carbon Fiber market and its key segments?
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Regional Landscape section of the Carbon Fiber report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Companies Profiled in the Report are:
Toray Industries Inc., SGL Group, Hexcel Corporation, Mitsubishi Rayon Co. Ltd., Teijin Limited, Formosa Plastics Corporation, Solvay, Jiangsu Hengshen Co. Ltd., Hyosung, and DowAksa
Market Segmentations of the Carbon Fiber Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the forecast period. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Carbon Fiber market on the basis of product, application, and region:
Segments Covered in this report are:
-
Raw Material Outlook (Revenue, USD Billion; 2018–2028)
- PAN–based Carbon Fiber
- Pitch–based Carbon Fiber
- Rayon–based Carbon Fiber
-
Product Type Outlook (Revenue, USD Billion; 2018–2028)
- Continuous Carbon Fiber
- Long Carbon Fiber
- Short Carbon Fiber
-
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Aerospace & Defense
- Automotive
- Wind Energy
- Sporting Goods
- Electrical & Electronics
- Civil Engineering
- Pipe & Tank
- Marine
- Others (medical, oil & gas, 3D printing, high speed & metro train, hydrogen gas storage, electrode for batteries)
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Carbon Fiber market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others
The report addresses the following key points:
- The report provides a forecast of market drivers, restraints, and future opportunities for the Carbon Fiber market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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