Carbon Fiber Market Is Anticipated To Grow At A Cagr Of 0.9% During 2020-2025

By Author: Lucintel LLC
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The global carbon fiber market is projected to reach $2.8 billion by 2025, at a CAGR of 0.9% during 2020-2025. The growth of carbon fiber market is driven by growing demand for high performance and lightweight composite materials and increasing performance requirements in the end use industries.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the carbon fiber market by end use industry (aerospace, industrial and sporting goods), precursor type (PAN, and pitch), tow size (small tow (less than equal to 24k), and large tow (more than 24k), modulus (standard, intermediate, and high), and region (North America, Europe, and the Rest of the World (including Asia Pacific))?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the carbon fiber market?
Q.4 What are some changing demands of customers in the carbon fiber market?
Q.5 What are the new developments in the carbon fiber market? Which companies are leading these developments?
Q.6 What strategic initiatives ...
... are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this carbon fiber area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this carbon fiber market?

Emerging trends, which have a direct impact on the dynamics of the industry, include the emergence of new applications and initiatives to innovate and commercialize the use of alternative precursors to reduce the manufacturing costs of carbon fiber.

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Market Segmentation:
Based on end use industry, the carbon fiber market is segmented into aerospace, industrial and sporting goods. The aerospace segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due increasing demand for high performance lightweight materials in the automotive industry and growing demand for carbon composites in wind turbine with the increasing length of wind blades are driving market growth over the forecast period.
North America is expected to be the largest region with the highest growth over the forecast period due to demand from the industries of aerospace, automotive, and wind energy.
Key Players in the carbon fiber market are Toray, Mitsubishi, Teijin, Hexcel, SGL, and Cytec Solvay Group.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/carbon-fiber-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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