Title: Indian Carbon Fiber Market - Forecast (2022-2027)
1Indian Carbon Fiber MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- The Indian carbon fiber market size is forecasted
to grow at a CAGR of 8.3 during the forecast
period 2022-2027 and reach US715.2 million by
2027. - Carbon fibers can be categorized into multiple
types based on the fiber materials which include
polyacrylonitrile based carbon fibers,
pitch-based carbon fibers, rayon-based carbon
fibers, and more. - The primary resins used in its production include
thermoset resin such as epoxy, polyester, vinyl
ester, or plastic resin such as acrylic, nylon,
polyethylene oxide, and more.
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- Key Takeaways
- The properties of carbon fiber such as high
tensile strength, low weight, high stiffness,
high-temperature tolerance, high chemical
resistance, and low thermal expansion make it
ideal for use in aerospace, automotive, and
construction industries. - Polyacrylonitrile based carbon fibers held the
largest share in the Indian carbon fiber market
in 2021. - Its wide range of characteristics, abrasion
resistance, and heat resistance properties made
it stand out in comparison to other types of
fiber materials in the market.
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Indian Carbon Fiber Market Segment Analysis By
End-Use Industry The aerospace industry held the
largest share in the Indian carbon fiber market
in 2021 and is expected to grow at a CAGR of 8.6
between 2022 and 2027, owing to the increasing
demand for carbon fiber from the aerospace sector
in India. For instance, in November 2021, the
Indian government announced its plan to launch
its military aviation project that aims at
building a fifth-generation fighter or medium
combat aircraft incorporated with advanced
stealth features and capabilities.
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- Indian Carbon Fiber Industry Outlook
- Solvay
- Hexcel Corporation
- Mitsubishi Chemical Corporation
- SABIC
- Teijin Limited
- Toray Industries Inc.
- Rochling Group
- Nikkiso Co. Ltd
- Carbon Light Pvt Ltd
- SGL Carbon India Pvt Ltd
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Indian Carbon Fiber Market- Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Report/19145/indian-c
arbon-fiber-market
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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/purchasereport.php?id19145
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Contact (1) 970-236-3677
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