AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Carbon Fiber market - Global outlook to 2025". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Carbon Fiber market to grow at a CAGR of %.
The Raw Material , such as PAN-Based Carbon Fiber, is boosting the Carbon Fiber market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Form, such as Composite, is boosting the Carbon Fiber market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End Use Industry, such as Aerospace & Defense, is boosting the Carbon Fiber market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Carbon Fiber market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Growing Usage of Carbon Fiber for Structural Composite Parts Manufacturing, Used in Aircraft, Growing Demand for Fuel Efficient Vehicles and High demand from Wind Energy Industry.
Carbon fibers (CF), also known as graphite fiber are fibers with diameter of about 5–10 micrometers, and commonly composed of carbon atoms. These carbon fibers are widely used attributed to several advantages such as low weight, high stiffness, high tensile strength, high temperature tolerance, high chemical resistance, as well as low thermal expansion. Carbon fiber are highly used in aerospace, civil engineering, military, as well as motorsports, along with other competition sports. Various types such as continuous carbon fiber, long carbon fiber, as well as short carbon fiber are widely used among various end use industries.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Carbon Fiber market by Type (Continuous Carbon Fiber, Long Carbon Fiber and Short Carbon Fiber) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market