Global Carbon Fiber Market likely to expand at a CAGR of 9.90% between Forecast Period

Albany, USA, 2018-Jun-07 — /EPR Network/ —An insightful study, titled “Carbon Fiber Market” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). This research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth Study of the factors impacting revenue growth throughout the mentioned forecast period.

Download Sample Copy of This Report @ https://www.mrrse.com/sample/1062

The rapid development in the retail sporting goods market is driving the global market for carbon fiber to a great extent. During the period between 2014 and 2020, the wind energy market anticipated to exhibit increased demand for carbon fiber. Additionally, the rising demand from the aerospace industry is also likely to boost the global carbon fiber market over the forecast period.

The global carbon fiber market is mainly analyzed on three fronts: products, end users, and regions. On the basis of products, the worldwide carbon fiber market is segmented into the markets for pitch-based carbon fiber, PAN-based carbon fiber, and others such rayon-based carbon fiber.

The automotive industry, wind energy industry, aerospace and defense sector, construction sector, sports industry, and other markets such as the marine industry are the main end users of carbon fiber. Regionally, the global carbon fiber market is spread across North America, Asia Pacific, Europe, and the Rest of the World.

This research report on the global carbon fiber market has been prepared with an objective to provide market participants a comprehensive overview of the global carbon fiber market. It gives established players as well as new market entrants access to an executive-level blueprint of the market. Information included in the report aims to help them make rewarding strategies for business expansion.

According to the report, in 2013, the global carbon fiber market stood at US$1.9 bn. Aided by the increasing demand for carbon fiber from the global automotive industry, this market is likely to expand at a CAGR of 9.90% between 2014 and 2020 and reach US$3.7 bn by the end of the forecast period.

The market for PAN-based carbon fibers held the leading position in 2013, accounting for 85% of the overall carbon fiber market. The market segment is likely to maintain its leading position throughout the forecast period.

Wind energy emerged as the biggest end user for carbon fiber in 2013, accounting for over 24%, of the overall carbon fiber market. However, the automotive industry is expected to register the fastest rise in demand for carbon fiber among all the end users during the forecast period.

Europe, among all the regional markets, accounted for over 37% of the global market, acquiring the leading position in 2013. During the forecast period, the Asia Pacific carbon fiber market is anticipated to report the fastest growth in the global market. In addition, the North America carbon fiber market is projected to experience a decent growth in the same time period.

Obtained Report details with TOC @ https://www.mrrse.com/carbon-fiber-market

The report also discusses the challenges faced by the global carbon fiber market, the most significant of which are the high cost of carbon fiber and complexity associated with recycling the carbon fiber components. These factors are expected to hamper the growth of this market during the forecast period.

Toray Industries Inc., Teijin Ltd., Hexcel Corp., Mitsubishi Rayon Co. Ltd., SGL Group – The Carbon Company, Zoltek Companies Inc., Kureha Corp., Formosa Plastics Corp., Cytec Industries Inc., DowAksa, Kemrock Industries and Exports Ltd. are the major international carbon fiber manufacturers mentioned in this report.

Key segments of the global carbon fiber market

By Product

• PAN-based
• Pitch-based
• Others (including rayon-based, etc.)

By End User

• Wind Energy
• Automotive
• Aerospace and Defense
• Sports
• Construction
• Others (including marine, etc.)

Major regions analyzed under this research report are: 

• Europe
• North America
• Asia Pacific
• Rest of the World

This report gives you access to decisive data such as:

• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for the coming years

Key highlights of this report

• Overview of key market forces propelling and restraining market growth
• Up-to-date analyses of market trends and technological improvements
• Pin-point analyses of market competition dynamics to offer you a competitive edge
• An analysis of strategies of major competitors
• An array of graphics and SWOT analysis of major industry segments
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Offers a clear understanding of the competitive landscape and key product segment

Send an Enquiry @ https://www.mrrse.com/enquiry/1062

About Market Research Reports Search Engine (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Material Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY – 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/