Carbon Fiber Market | Global Industry Size, Share, Analysis Report, 2035

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Carbon Fiber Market Analysis Plant Capacity,
Production, Operating Efficiency, Demand
Supply, End-User Industries, Distribution
Channel, Regional Demand, 2015-2035 According
to ChemAnalyst report, Carbon Fiber Market
Analysis Plant Capacity, Production, Operating
Efficiency, Demand Supply, End-Use Industries,
Sales Channel, Regional Demand, 2015-2035.
Carbon Fiber market witnessed a demand of around
0.15 million tons globally in 2021 and is
anticipated to grow at a significant rate with a
healthy CAGR of 9.82 until 2035 owing to its
surging demand in automotive sector and wind
energy. Carbon Fiber is a polymer also known as
graphite fiber. It is a strong and lightweight
material. Carbon Fiber is stronger and stiffer
than Steel and Aluminum, which makes it ideal
for manufacturing material. Carbon fiber is made
of thin, strong crystalline filaments of carbon
which is used to provide strength to the
material. Fiber can be thinner than the width of
human hair and get its strength when twisted
together like yarn. Carbon fiber have high
tensile strength, low weight to strength ratio,
high chemical resistance, and temperature
tolerant to excessive heat. Due to numerous
properties of the polymer, it finds application
in many industries such as aerospace,
automotive, defense and sports. Read Full Report
Here https//www.chemanalyst.com/industry-report/
carbon- fiber-market-676 Carbon fiber or
graphite fiber is used in a wide range of
industries specifically those industries where
strength and weight play a significant role.
Industries like Aerospace, automobile, defense
have huge demand of carbon fiber due to its
physical properties. In modern day, parts of
formula one cars are made up of composites of
Carbon Fiber.
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Region wise, Europe holds the largest share in
the Carbon Fiber market followed by North
America. Carbon Fiber market in Asia pacific
region is going to increase in the forecast
period due to increase in demand in automobile
and wind energy farms. Europe holds majority
share of consumption of carbon fiber due to
presence of key players of aviation, defense and
automobile sector will be going to dominate the
market in the forecast period. Sample Request
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m To counter the increasing demand from end user
industries globally, companies like Teijin
Limited, Hyosung Advanced Materials, Toray
Industries have announced new expansion project
in their already existed facilities. China is
expected to be a new market leader in the carbon
fiber market, several Chinese manufactures such
as Zhongfu Shenying Carbon Fiber, Kangde
Composites Co., Ltd., Weihai Guangwei Composites
Co Ltd are already in the development phase for
carbon fiber plants in the APAC region. Sabic
(Saudi Arabia) is also working on their new
facility to introduce carbon fiber by the year of
2024. Major players for Glass Fiber globally are
Toray Industries Inc, Hexcel Corporation,
Formosa Plastic Corporation, Teijin Limited,
Zhongfu Shenying carbon fiber and Mitsubishi
Chemical carbon fiber Composites Inc. Owing to
extensive properties offered by Carbon fiber it
is widely used in end use industries such as
Aviation, Defense, Wind energy and Sports
equipment industries. Demand from these
industries is anticipated to grow with a
significant rate in the coming years. To
compensate the growing demand, several
manufactures are already planning for the
expansion or adding new facilities. said Mr.
Karan Chechi, Research Director with TechSci
Research, a research based global management
consulting firm promoting ChemAnalyst.
Report Scope
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In this report, Carbon Fiber market has been
segmented into following categories, in addition
to the industry trends which have also been
detailed below
Attribute Details
Market size volume by 2035 0.41million Tonnes
Growth Rate CAGR of 9.82 from 2022 to 2035
Base year for estimation 2021
Historic Data 2015 2020
Forecast period 2022 2035
Quantitative units Demand in Million Tonnes and CAGR from 2021 to 2035
Report coverage Revenue forecast, demand supply, competitive analysis, competitive landscape, growth factors, and trends
Segments covered By End-Use (Aerospace Defense, Automotive, Sporting Goods, Wind Energy, Civil Engineering, and others) By Sales Channel (Direct Company Sale, Indirect Sale)
Regional scope North America Europe Asia Pacific South America Middle East Africa
Country scope United States Mexico Canada China India Japan South Korea Taiwan Singapore Germany Belgium France United Kingdom Spain Italy Sweden Austria Saudi Arabia Iran South Africa Brazil Argentina
Key companies profiled Toray Industries Inc, Hexcel Corporation, Teijin Limited, Solvay Composites, SGL Carbon SE, Formosa Plastic Corporation, Kangde Composites Co. ltd, Zhongfu Shenying Carbon Fiber Co. Ltd., and others
Customization scope Free report customization with purchase. Addition or alteration to country, regional segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options
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