Monday, 25 September 2017

Global Carbon Fibers Market 2017 to 2025 - Size, Share, analysis, Trends and Forecast by Acute Market Reports

Carbon Fibers Market - Growth, Future Prospects, Competitive Analysis and Forecast, 2017 - 2025, the carbon fiber market is expected to reach over US$ 9.4 Bn by 2025, expanding at a CAGR of more than 9.7% from 2017 to 2025.


Market Insights
Carbon fibers are fibers which consist of 90% of carbon atoms. The microscopic crystals are aligned parallel to the long axis of carbon fiber. The fiber becomes incredibly strong for its size due to the crystal alignment. Thousands of carbon fibers are warped together to form a yarn which is then woven into fabric. Carbon fibers are usually classified by the tensile modulus of fiber. Almost 30 years ago, carbon fiber was not used due to its cost and hence was only used in the aerospace industry. Carbon fibers are now used in various industries such as sporting goods, automotive, wind turbines, marine, construction, 3D printing and many such applications.
Raw materials which are used in the manufacture of carbon fiber is known as the precursor. Almost 90% of the carbon fibers are manufactured using polyacrylonitrile (PAN). The remaining 10% are made from petroleum pitch or rayon. In the manufacturing process of carbon fiber, many liquids and gases are used. Some of these materials are designed in a special way to get a specific effect.
Growing demand for carbon fibers from the aerospace & defense industry is the major driving factor of global carbon fibers market. Carbon fibers are known for its high strength to weight ratio. Therefore they are used on a large in manufacture of aircraft components such as elevators, floor beams, wings, engine nacelles and vertical stabilizers among others. Increasing demand from the automotive and wind industry is another factor driving the growth of global carbon fibers in the market.


Competitive Insights:
Growing demand for carbon fibers from the aerospace & defense industry has led to the growth of carbon fibers market in North America. North America accounted for major share of global carbon fibers market and is expected to increase in the near future. High demand for lightweight aircrafts from the defense industry is driving demand for carbon fibers in the global market. Europe accounted as the second largest market for carbon fibers in 2015. Growing automotive industries in the region has boosted demand for carbon fibers in Europe. Fuel efficiency is the major factor boosting demand for carbon fibers in manufacturing automobiles in the region. Hence, Europe is expected to boost high demand for carbon fibers during the forecast period. Increasing demand for carbon fibers from the construction and wind industry in Asia Pacific is also expected to fuel growth of carbon fibers market in the region. Other regions such as Latin America and Middle East and Africa are also projected to boost high demand for carbon fibers in the near future.
Key Trends:
• Lightweight material
• High tensile strength, heat resistant, etc.
• High demand for lightweight materials in the global market
• Opportunities from wide range of end-user industries


Table of Content :
Chapter 1 Preface 14
1.1 Report Description 14
1.1.1 Purpose of the Report 14
1.1.2 Target Audience 14
1.1.3 USP and Key Offerings 14
1.2 Research Scope 15
1.3 Market Segmentation 16
1.4 Research Methodology 16
1.4.1 Phase I – Secondary Research 17
1.4.2 Phase II – Primary Research 17
1.4.3 Phase III – Expert Panel Review 18
1.4.4 Approach Adopted 18
Chapter 2 Executive Summary 19
2.1 Market Snapshot: Global Carbon Fiber Market 19
2.2 Global Carbon Fiber Market, By Precursor Type 20
2.3 Global Carbon Fiber Market, By Applications 21
2.4 Global Carbon Fiber Market, By Geography 22
Chapter 3 Market Dynamics 24
3.1 Introduction 24
3.2 Market Drivers 25
3.3 Market Growth Inhibitors 28
3.4 Opportunities 29
3.5 Impact Analysis of Drivers and Restraints 31
3.6 Attractive Investment Proposition 32
3.7 Competitive Analysis 33
3.7.1 Market Positioning of Key Companies 33
Chapter 4 Global Carbon Fiber Market Analysis, By Precursor Type 34
4.1 Overview 34
4.2 Pitch Based Carbon Fibers 35
4.2.1 Global Pitch Based Carbon Fiber Market, 2015 - 2025, (Kilo Tons) (US$ Mn) 36
4.3 PAN Based Carbon Fibers 37
4.3.1 Global PAN Based Carbon Fiber Market, 2015 - 2025, (Kilo Tons) (US$ Mn) 37
4.4 Others 38
4.4.1 Global Others Market, 2015 - 2025, (Kilo Tons) (US$ Mn) 39
Chapter 5 Global Carbon Fiber Market Analysis, By Applications 41
5.1 Overview 41
5.2 Aerospace & Defense 42
5.2.1 Global Carbon Fiber Market Volume and Revenue for Aerospace & Defense, 2015 - 2025, (Kilo Tons) (US$ Mn) 43
5.3 Wind Turbines 43
5.3.1 Global Carbon Fiber Market Volume and Revenue for Wind Turbines, 2015 - 2025, (Kilo Tons) (US$ Mn) 44
5.4 Sports/Leisure 43
5.4.1 Global Carbon Fiber Market Volume and Revenue for Sports/Leisure, 2015 - 2025, (Kilo Tons) (US$ Mn) 44
5.5 Automotive 43
5.5.1 Global Carbon Fiber Market Volume and Revenue for Automotive, 2015 - 2025, (Kilo Tons) (US$ Mn) 44
5.6 Construction 43
5.6.1 Global Carbon Fiber Market Volume and Revenue for Construction, 2015 - 2025, (Kilo Tons) (US$ Mn) 44
5.7 Others 43
5.7.1 Global Carbon Fiber Market Volume and Revenue for Others, 2015 - 2025, (Kilo Tons) (US$ Mn) 44

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