Global Carbon Fiber (CF) Production to Reach 80,000 Tons in 2016

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The report Carbon Fiber Market by Types,
Applications, Trends Global Forecasts (2011
2016), as the name suggests, defines and
segments the global carbon fiber market with
detailed analysis and forecasts of market size
based on various sub-markets by CF types, its
applications, and geography. It also identifies
driving and restraining factors for the market
with analysis of trends, opportunities, and
challenges. The market is segmented and
forecasted on the basis of major geographies such
as North America, Europe, Asia-Pacific, and Rest
of the World (ROW). Browse 76 market data tables
and 32 market figures spread across 293 pages and
an in-depth TOC on Carbon Fiber Market by Types,
Applications, Trends Global Forecasts (2011
2016). http//www.marketsandmarkets.com/Market-R
eports/carbon-fiber-396.html Early buyers will
receive 10 customization on this report.
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• Superior properties of carbon fiber such as high
  strength, high stiffness, low density,
  non-corrosiveness electrical conductivity, and
  chemical inertness make it an ideal material in
  the plethora of applications such as aerospace,
  military, automotive, wind energy, sporting
  goods, and industrial applications. The factors
  leading to increased interest in the carbon fiber
  market include demand for more fuel efficient
  vehicles, structural performance advantages,
  continuous emergence of novel applications, and
  increased demand from emerging economies.
  However, the markets potential is somewhat
  hindered by high price of the carbon fiber,
  insufficient production capacity, processing
  difficulties, and lack of automation. In spite of
  this, there is a huge opportunity for existing
  new carbon fiber producers.
• Currently, almost 90 of the carbon fiber that is
  used is PAN-based, whereas pitch-based carbon
  fiber is used only in specialty applications. The
  global carbon fiber market is expected to grow
  from 1,701.9 million in 2010 to 2,515.4 million
  by 2016 at a CAGR of 5.9. Asia-Pacific accounted
  for the highest share in the carbon fiber market
  and is expected to reach 938.9 million in 2016
  at a CAGR of 6.3 from 2011 to 2016.

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• North America is the second largest market and
  expected to grow with CAGR of 5.9 to reach 857
  million in 2016. The market shares of various
  geographies for the period are Asia-Pacific
  (36.2), North America (34), Europe (25.8), and
  ROW (3.88).
• In 2010, most of the carbon fiber production
  (47) was used by the aerospace sector. Falling
  in the second place was the other industrial
  applications sector with a 29.5 market share.
  The remaining three sectors namely sporting
  goods, wind energy and automotive, which utilized
  11.8, 8.8 and 2.6 respectively. The report
  also includes the breakdown of these applications
  into various geographies and even further into
  different regions in these geographies.

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