Carbon Fibre Composites Market Perspective by Comprehensive Analysis, Growth Prediction to 2024

1
Carbon Fibre Composites Market Growth,
Application Analysis from 2017 to 2024
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of Carbon Fibre
Composites Market

• Carbon Fiber Composites Market size is estimated
  to surpass USD 31 billion by 2024 according to a
  new research report by Global Market Insights,
  Inc.
• Global carbon fiber composites market share is
  expected to exceed 290 kilo tons till 2024.
  Strong product outlook from aerospace and defense
  sector owing to its light weight and superior
  strength will drive industry growth during the
  forecast timeframe. Increasing demand for
  products improving the overall fuel efficiency of
  the aircraft will further support the industry
  demand.
• Increasing penetration in various end-use
  industries such as automotive, wind turbines,
  sports leisure, construction and marine will
  contribute significantly towards the business
  growth. Recycling issues faced by the
  manufacturer along with supply chain management
  may hamper the carbon fiber composites market.
  Producers are focusing on improving their
  distribution to suffice its increasing demand.
• Key players such as Boeing and Airbus are
  utilizing composite at over 50 by aircraft
  weight for their recent commercial aircrafts.
  Reducing price of the commodity will further
  increase its penetration in mid-range passenger
  cars. Higher durability along with enhanced
  strength will replace the traditional materials
  with these composites.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Continue-

• Strong application outlook of ceramic segment
  from construction industry will drive the product
  demand. Superior wear and tear resistance along
  with excellent thermal stability are the major
  factors positively influencing the product
  penetration.
• Polymer matrix material is expected to hold major
  volume share of around 60 by 2024. Low
  processing time along with good formability of
  the product are the key properties propelling the
  carbon fiber composites market size from 2017 to
  2024. Additionally, extended shelf life offers
  bulk buying that will further support the
  industry.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
U.S. Carbon Fibre Composites Market, By End Use,
2016 2024, (USD Million)
Request Sample Copy of This Research Report_at_
https//bit.ly/2Dzmy7e
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
360 Industry Analysis

• Aerospace and defense sector dominate the
  industry, contributing over 30 volume share in
  2016. The sector requires superior quality
  product owing to the need of enhanced properties
  such as high strength to weight ratio and
  temperature resistance.
• Automotive industry is expected to account for
  considerable volume share and will exhibit
  highest growth at over 13 till 2024. Rising
  usage of the components offering superior
  strength along with light weight will support the
  carbon fiber composites market growth.

Request for customization https//bit.ly/2WyGY6w
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6

• Regional Analysis
• North America carbon fiber composites market is
  expected to contribute over 35 by 2024 owing to
  strong presence of major aerospace manufacturers
  in the region. Moreover, replacing conventional
  aircraft with efficient light weight aircrafts
  will support the industry growth.
• Europe will witness significant growth during the
  forecast timeframe owing to strong demand from
  automotive sector. Stringent government
  regulations towards usage of lightweight
  materials in the vehicles that improves
  efficiency by reducing fuel consumption will
  support the growth.
• Competitive Analysis
• SGL, TorayZoltek, Toho, Rock West Comp., MRC and
  Solvay are among the few major players in the
  carbon fiber composites market. Other key
  manufactures include Hexcel, Aksa, Hyongsung,
  Zhongu-Shenying, Hengshen Fib. Mat. and Sonstige.
  Manufacturers are focusing on enhancing the
  production capacity to cope up with the
  escalation demand.

Make An Inquiry To Purchase This Report _at_
https//bit.ly/2CPi73V
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Latest Research Report On Carbon Fibre
Composites Market _at_ https//bit.ly/2FUrCR8
Request for sample of this research report_at_
https//bit.ly/2Dzmy7e
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com