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Carbon Fibers Market (Precursor Type- Pitch Based Carbon Fiber and PAN Based Carbon Fiber) Market By Precursor Type (Pitch Based Carbon Fiber, PAN Based Carbon Fiber, Others (Polyolefin Based Carbon Fiber; Rayon Based Carbon Fiber, etc.)), By Application( Aerospace & Defense, Wind Turbines, Sports/Leisure, Automotive, Construction and Others) - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 - 2023

Growing demand for lightweight aircrafts in the defense industry has boosted high demand for carbon fibers in the market. Carbon fibers are gaining high demand from the global market due to its beneficial properties such as high tensile strength, heat resistant and manufacturing flexibility among others. These properties have led to high demand from various end-user industries in the global market. Automotive industry accounted as the second largest application segment of global carbon fibers market in 2015. Rising concerns for fuel efficient has boosted market demand for carbon fibers due to its lightweight material property. Due to the lightweight property of carbon fibers, automotives consume less amount of fuel giving without compromising on performance. Hence, high demand is reported for carbon fibers from the automotive industry. Manufacturing flexibility is another factor contributing to growth of carbon fiber market especially in Europe. Europe is the hub for major automotive industries in the global market. Hence, Europe is accounted as the fastest growing region for carbon fibers market. Growing construction activities in Asia Pacific has also led to growth of carbon fibers in the market. Carbon fibers have replaced the materials used in the manufacturing of construction equipments. Hence, high demand is reported for carbon fibers from the construction industry. The beneficial properties of carbon fibers are well suited for variety of application based on its precursor type. The raw materials used in manufacturing carbon fibers are known as precursors. PAN based carbon fibers accounted for major share of global carbon fibers market.  The beneficial properties such as high strength, heat resistant and manufacturing flexibility among others has led to high demand from wide range of end-user industries.

Carbon fiber market is expected to reach over US$ 4.8 Bn by 2023, growing at a CAGR of more than 9.7% during the forecast period 2016-2023.

Carbon Fibers Market


Purpose of the Report

The purpose of this strategic research study titled “Global Carbon fiber Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global carbon fiber market.

Target Audience

  • Industry Investors
  • Carbon fiber Providers/Vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Carbon fiber Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” offers strategic insights into the global carbon fiber market along with the market size and estimates for the duration 2016 to 2023. The said research study covers in-depth analysis of multiple market segments based on applications, functions and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading carbon fiber vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within carbon fiber industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global carbon fiber market, of growth, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above mentioned factors.

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Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
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Published Date:  Oct 2016
Category:  Chemicals
Report ID:   57872
Report Format:   PDF
Pages:   120
Rating:    4.4 (60)
Delivery Time: 24 Hours to 48 Hours   
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