Indian Carbon Fiber Market - Forecast (2022-2027)

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Indian 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
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id19145

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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