Market Forecast by Raw Material Type (PAN-based carbon fiber, rayon-based carbon fiber and pitch-based carbon fiber), by Applications (aerospace & defense, construction, automotive, wind turbines, sports equipment, moulding & compounding and others), by Product Type (continuous carbon fiber, long carbon fiber and short carbon fiber), By Form Type (composite carbon fiber and non-composite carbon fiber), By Regions (Asia Pacific, Europe, Middle East, Africa and North America) and Competitive Landscape
Product Code: ETC054458 | Publication Date: Apr 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Global carbon fiber market demand is expected to boost in the upcoming years on account of factors like the growing market due to its increasing demand from aerospace & defense, automotive, and wind energy industries. Europe is expected to be the largest market for carbon fiber owning to its growing aerospace and defense, automotive and wind energy industry. Further, the market growing aspects are driven by the presence of large aircraft manufacturers, electric car manufacturers, and offshore wind farm installations are speeding up the demand for carbon fiber. These car makers use carbon fiber composites in different basic car parts, for example, hats, guards, and frontends. There is an enormous number of seaward wind vitality establishments, particularly in the UK and Germany. There are some restraints in the carbon fiber business, carbon fiber is as of now utilized uniquely in dashing vehicles and some top of the line sports vehicle as the expense of carbon fiber is a bit high, not every company can afford it. Utilization of carbon fiber composite basic parts is required to increment, by and large, gave the expense is decreased. There are several new applications of carbon fibre-based composite which are not yet commercially achievable as they are exclusive.
According to 6Wresearch, the Global Carbon Fiber Market size is expected to register significant growth during 2020-2026. Currently, the China region accounts for the highest revenue share in the overall carbon fiber market, but Europe is expected to remain dominant in the coming years. Regions like Japan and Germany are expected to be the rewarding market for carbon fiber due to demand from various renowned automotive, aerospace and defense, sports equipment industry and construction industry also the COVID-19 pandemic has affected the carbon fiber market, the technological advancements and competitions from the rival players. Further the regions like, Europe is home to some of the prominent automotive manufacturers such as BMW, Fiat, and Bentley. Japanese Toray Industries is the biggest composite carbon fiber company.
The market segmentation is categorised into raw material, product type, form type and applications. Based on product type, the market is bifurcated into Continuous carbon fiber, Long carbon fiber and short carbon fiber Further, based on forms type, the market is bifurcated into Composite carbon fiber and Non-composite carbon fiber. Based on applications, carbon fiber is used in Automotive, Aerospace and defense, wind turbines, molding and compounding and Pressure vessels. Based on raw material, PAN-based carbon fiber segment dominates the overall carbon fiber market as they are widely applicable in aerospace & defense, automotive, sports & recreation, wind energy, and other industries. This fiber has a high-quality modulus in contrast with different kinds of carbon strands. Skillet based carbon fiber is utilized more because of its cost-viability and better nature of fiber delivered. This carbon fiber antecedent has high rigidity and flexible modules. It gives over 85% yield of carbon fiber.
Some of the key players operating in the global carbon fiber market are as follows SGL Group (Germany), Toray Industries (Japan), Hexcel Corporation (U.S.A), Formosa plastics corporation (Taiwan), Jiangsu Hengshen Company Ltd.(China) and DowAksa Turkey.
The Global Carbon Fiber market report thoroughly covers the market by raw material type, application, product type, form type and regions including North America, Europe, Asia pacific and Latin America, Middle East and Global. The Global carbon fiber market outlook report provides an unbiased and detailed analysis of the on-going Global carbon fiber market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Global Carbon Fiber Market Overview |
3.1. Global Country Macro Economic Indicators |
3.2. Global Carbon Fiber Market Revenue, 2019 & 2026F |
3.3. Global Carbon Fiber Market - Industry Life Cycle |
3.4. Global Carbon Fiber Market - Porter's Five Forces |
3.5. Global Carbon Fiber Market Revenue Share, By Raw Material Type, 2019 & 2026F |
3.6. Global Carbon Fiber Market Revenue Share, By Application, 2019 & 2026F |
3.6. Global Carbon Fiber Market Revenue Share, By Product Type, 2019 & 2026F |
3.6. Global Carbon Fiber Market Revenue Share, By Form Type, 2019 & 2026F |
3.6. Global Carbon Fiber Market Revenue Share, By Regions, 2019 & 2026F |
4. Global Carbon Fiber Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Global Carbon Fiber Market Trends |
6. Global Carbon Fiber Market, By Raw Material Type |
6.1. Global Carbon Fiber Market, By Raw Material Type |
6.1.1. Overview and Analysis |
6.1.2. Global Carbon Fiber Market Revenue, By PAN-Based Carbon Fiber, 2016 - 2026F |
6.1.3. Global Carbon Fiber Market Revenue, By Rayon-Based Carbon Fiber, 2016 - 2026F |
6.1.4. Global Carbon Fiber Market Revenue, By Pitch Based Carbon Fiber, 2016 - 2026F |
7. Global Carbon Fiber Market, By Application |
7.1. Global Carbon Fiber Market, By Application |
7.1.1. Overview and Analysis |
7.1.2. Global Carbon Fiber Market Revenue, By Automotive, 2016 - 2026F |
7.1.3. Global Carbon Fiber Market Revenue, By Aerospace and Defense, 2016 - 2026F |
7.1.4. Global Carbon Fiber Market Revenue, By Wind Turbines, 2016 - 2026F |
7.1.5. Global Carbon Fiber Market Revenue, By Sports Equipment, 2016 - 2026F |
7.1.6. Global Carbon Fiber Market Revenue, By Moulding and Compounding, 2016 - 2026F |
7.1.7. Global Carbon Fiber Market Revenue, By Construction, 2016 - 2026F |
7.1.8. Global Carbon Fiber Market Revenue, By Others, 2016 - 2026F |
8. Global Carbon Fiber Market, By Form Type |
8.1. Global Carbon Fiber Market, By Form Type |
8.1.1. Overview and Analysis |
8.1.2. Global Carbon Fiber Market Revenue, By Composite Carbon Fiber, 2016 - 2026F |
8.1.3. Global Carbon Fiber Market Revenue, By Non-Composite Carbon Fiber, 2016 - 2026F |
9. Global Carbon Fiber Market, By Product Type |
9.1. Global Carbon Fiber Market, By Product Type |
9.1.1. Overview and Analysis |
9.1.2. Global Carbon Fiber Market Revenue, By Long Carbon Fiber, 2016 - 2026F |
9.1.3. Global Carbon Fiber Market Revenue, By Short Carbon Fiber, 2016 - 2026F |
9.1.4. Global Carbon Fiber Market Revenue, By Continous Carbon Fiber, 2016 - 2026F |
10. Europe Carbon Fiber Market |
10.1. Europe Carbon Fiber Market, By Raw Material Type |
10.2. Europe Carbon Fiber Market, By Application |
10.3. Europe Carbon Fiber Market, By Form Type |
10.4. Europe Carbon Fiber Market, By Product Type |
10.5. Europe Carbon Fiber Market, By Countries |
11. Asia Pacific Carbon Fiber Market |
11.1. Asia Pacific Carbon Fiber Market, By Raw Material Type |
11.2. Asia Pacific Carbon Fiber Market, By Application |
11.3. Asia Pacific Carbon Fiber Market, By Form Type |
11.4. Asia Pacific Carbon Fiber Market, By Product Type |
11.5. Asia Pacific Carbon Fiber Market, By Countries |
12. North America Carbon Fiber Market |
12.1. North America Carbon Fiber Market, By Raw Material Type |
12.2. North America Carbon Fiber Market, By Application |
12.3. North America Carbon Fiber Market, By Form Type |
12.4. North America Carbon Fiber Market, By Product Type |
12.5. North America Carbon Fiber Market, By Countries |
13. Latin America Carbon Fiber Market |
13.1. Latin America Carbon Fiber Market, By Raw Material Type |
13.2. Latin America Carbon Fiber Market, By Application |
13.3. Latin America Carbon Fiber Market, By Form Type |
13.4. Latin America Carbon Fiber Market, By Product Type |
13.5. Latin America Carbon Fiber Market, By Countries |
14. Middle East Carbon Fiber Market |
14.1. Middle East Carbon Fiber Market, By Raw Material Type |
14.2. Middle East Carbon Fiber Market, By Application |
14.3. Middle East Carbon Fiber Market, By Form Type |
14.4. Middle East Carbon Fiber Market, By Product Type |
14.5. Middle East Carbon Fiber Market, By Countries |
15. Africa Carbon Fiber Market |
15.1. Africa Carbon Fiber Market, By Raw Material Type |
15.2. Africa Carbon Fiber Market, By Application |
15.3. Africa Carbon Fiber Market, By Form Type |
15.4. Africa Carbon Fiber Market, By Product Type |
15.5. Africa Carbon Fiber Market, By Countries |
16. Global Carbon Fiber Market Import-Export Trade Statistics |
16.1. Global Carbon Fiber Market Export to Major Countries |
16.2. Global Carbon Fiber Market Imports from Major Countries |
17. Global Carbon Fiber Market Key Performance Indicators |
18. Global Carbon Fiber Market - Opportunity Assessment |
18.1. Global Carbon Fiber Market Opportunity Assessment, By Raw Material Type, 2019 & 2026F |
18.2. Global Carbon Fiber Market Opportunity Assessment, By Application, 2019 & 2026F |
19. Global Carbon Fiber Market - Competitive Landscape |
19.1. Global Carbon Fiber Market Revenue Share, By Companies, 2019 |
19.2. Global Carbon Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
20. Company Profiles |
21. Recommendations |
22. Disclaimer |