Pune, India, Dec. 13, 2021 (GLOBE NEWSWIRE) -- According to MarketStudyReport, global carbon fiber market size was worth USD 3216.54 million in 2020 and is anticipated to amass notable gains over the forecast period 2021-2026.
The study includes an in-depth assessment of the various segments and sub segments to determine the size and scope of this business sphere and identify the top revenue opportunities. Besides a detailed overview of the regional landscape, inclusive of revenue contribution, plausible windows, and expansion stimulants is incorporated. Lastly, the report expounds on the competitive arena, which primary focus on effective strategies undertaken by the listed players to strengthen their market position.
Increasing adoption in aerospace sector to enhance the performance and efficiency of aircrafts due to properties of material like high physical stretch, superior dimensional stability, low coefficient of thermal expansion, and minimal abrasion characteristics is majorly driving the industry growth.
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Further, carbon fiber is widely used in several automotive components due to its electrical conductivity, lightweight, and high thermal stability, which in turn is adding momentum to the market progression.
In addition, rapid development in wind energy sector, surging adoption of clean energy technologies to reduce emissions, and escalating demand for lightweight materials are aiding global carbon fiber market expansion. Besides, growing vehicle production to meet strong consumer demand, in consort product applications across marine engineering, infrastructure, and electronics verticals are positively swaying the industry dynamics.
Elaborating on geographical landscape
Regionally speaking, Americas, Europe, and Asia Pacific are the major benefactors to the market remuneration. Among these, Asia Pacific market is projected to showcase lucrative expansion trends during 2021-2026, owing to surging R&D investments in wind energy and automotive sectors. Alongside, rising production in the manufacturing sector to cater to the domestic requirements for superior quality products, and increasing exports from Japan and China are also adding to the APAC industry development.
Overview of competitive hierarchy
Key players defining the competitive arena of global carbon fiber market are Kureha Corporation, Nippon Carbon Co. Ltd., Solvay S.A., Hyosung Corporation, Formosa Plastics Corporation, Mitsubishi Chemical Holdings Corporation, SGL Carbon SE, Hexcel Corporation, Teijin Limited, and Toray Industries Inc.
These companies are adopting various effective strategies like mergers & acquisitions, innovative product launches, collaboration & partnerships, and research & development investments to amplify their regional footprint and strengthen their position in the overall market.
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Global Carbon Fiber Market, By Raw Material (Revenue, USD Million, 2016-2026)
- Polyacrylonitrile
- Pitch & Rayon
Global Carbon Fiber Market, By Fiber Type (Revenue, USD Million, 2016-2026)
- Virgin
- Recycled
Global Carbon Fiber Market, By End User (Revenue, USD Million, 2016-2026)
- Aviation
- Aerospace & Defense
- Automotive
- Wind Energy
- Construction
- Sports Equipment
- Others
Global Carbon Fiber Market, Regional Analysis (Revenue, USD Million, 2016-2026)
Americas
- United States
- Canada
Europe
- Germany
- France
- United Kingdom
- Spain
Asia Pacific
- China
- Japan
- India
- South Korea
Global Carbon Fiber Market, Competitive Hierarchy (Revenue, USD Million, 2016-2026)
- Kureha Corporation
- Nippon Carbon Co. Ltd.
- Solvay S.A.
- Hyosung Corporation
- Formosa Plastics Corporation
- Mitsubishi Chemical Holdings Corporation
- SGL Carbon SE
- Hexcel Corporation
- Teijin Limited
- Toray Industries Inc.
Table of Content:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Carbon Fiber Market: Product Overview
4. Global Carbon Fiber Market: An Analysis
4.1 Market Size, By Value, 2016-2026
4.2 Market Size, By Volume, 2016-2026
4.3 Impact of COVID-19 on Carbon Fiber Market
4.4 Global Carbon Fiber Market
5. Global Carbon Fiber Market Segmentation, By Raw Material (Value)
5.1 Global Carbon Fiber Market: Segment Analysis
5.2 Competitive Scenario of Carbon Fiber Market: By Raw Material (2020 & 2026)
5.3 By Polyacrylonitrile (PAN)- Market Size and Forecast (2016-2026)
5.4 By Pitch & Rayon- Market Size and Forecast (2016-2026)
6. Global Carbon Fiber Market Segmentation,? By Fiber Type (Value)
6.1 Global Carbon Fiber Market: Segment Analysis
6.2 Competitive Scenario of Carbon Fiber Market: By Fiber Type (2020 & 2026)
6.3 By Virgin- Market Size and Forecast (2016-2026)
6.4 By Recycled- Market Size and Forecast (2016-2026)
7. Global Carbon Fiber Market Segmentation, By End User (Value)
7.1 Global Carbon Fiber Market: Segment Analysis
7.2 Competitive Scenario of Global Carbon Fiber Market: By End User (2020 & 2026)
7.3 By Aviation, Aerospace & Defense- Market Size and Forecast (2016-2026)
7.4 By Automotive- Market Size and Forecast (2016-2026)
7.5 By Wind Energy- Market Size and Forecast (2016-2026)
8. Global Carbon Fiber Market: Regional Analysis
8.1 Competitive Scenario of Global Carbon Fiber Market: By Region (2020 & 2026)
9. Americas Carbon Fiber Market: An Analysis (2016-2026)
9.1 Americas Carbon Fiber Market by value: Size and Forecast (2016-2026)
9.2 Americas Carbon Fiber Market: Prominent Companies
9.3 Market Segmentation By Raw Material (Polyacrylonitrile, Pitch & Rayon )
9.4 Market Segmentation By Fiber Type (Virgin, Recycled)
9.5 Market Segmentation By End User (Aviation, Aerospace & Defense, Automotive, Wind Energy, Construction, Sports Equipment, Others)
10. Europe Carbon Fiber Market: An Analysis (2016-2026)
10.1 Europe Carbon Fiber Market by value: Size and Forecast (2016-2026)
10.2 Europe Carbon Fiber Market: Prominent Companies
10.3 Market Segmentation By Raw Material (Polyacrylonitrile, Pitch & Rayon )
10.4 Market Segmentation By Fiber Type (Virgin, Recycled)
10.5 Market Segmentation By End User (Aviation, Aerospace & Defense, Automotive, Wind Energy, Construction, Sports Equipment, Others)
11. Asia Pacific Carbon Fiber Market: An Analysis (2016-2026)
11.1 Asia Pacific Carbon Fiber Market by value: Size and Forecast (2016-2026)
11.2 Asia-Pacific Carbon Fiber Market: Prominent Companies
11.3 Market Segmentation By Raw Material (Polyacrylonitrile, Pitch & Rayon )
11.4 Market Segmentation By Fiber Type (Virgin, Recycled)
11.5 Market Segmentation By End User (Aviation, Aerospace & Defense, Automotive, Wind Energy, Construction, Sports Equipment, Others)
12. Global Carbon Fiber Market Dynamics
12.1 Global Carbon Fiber Market Drivers
12.2 Global Carbon Fiber Market Restraints
12.3 Global Carbon Fiber Market Trends
13. Market Attractiveness and Strategic Analysis
13.1 Market Attractiveness Chart of Global Carbon Fiber Market - By Raw Material (Year 2026)
13.2 Market Attractiveness Chart of Global Carbon Fiber Market - By Fiber Type (Year 2026)
13.3 Market Attractiveness Chart of Global Carbon Fiber Market - By End User (Year 2026)
13.4 Market Attractiveness Chart of Global Carbon Fiber Market - By Region (Year 2026)
14. Competitive Landscape
14.1 Market Share of global leading companies
14.2 SWOT Analysis- Global Carbon Fiber Market
14.3 Porter Five Force Analysis- Global Carbon Fiber Market
15. Global Carbon Fiber Market: Merger & Acquisitions
16. Company Profiles
Related Report:
Activated Carbon Fiber (ACF) Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027
The activated carbon fiber (ACF) market is likely to witness a flourishing period of growth in the forthcoming timeframe owing to increasing adoption of cellulose based ACF for water purification and personal protective clothing applications, increasing product usage in catalyst substrates, and for development of super capacitors. Activated carbon fiber is considered to be one of the most essential carbon nanoporous materials. The product offers one of the highest levels of benefits in comparison to other commercial porous materials. In fact, ACF is actually one of the promising microporous material having well-defined porous structure as well as fiber shape. From a regional frame of reference, Latin America activated carbon fiber (ACF) market will grow with a respectable CAGR of over 6.1% through the forecast timespan. The market is expected to generate higher revenues owing to positive outlook of the chemical and wastewater treatment industry in the region.
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