The Global Carbon Fiber Market Was Valued At $1,980 Million In 2015, And Is Anticipated To Reach $4,650 Million By 2022, Growing At A Cagr Of 11.1% During The Forecast Period

LONDON, Jan. 10, 2018 /PRNewswire/ -- Carbon Fiber Market by Carbon Fiber Raw Material (Pan-Based, Pitch-Based & Rayon-Based), Carbon Fiber Type (Continuous, Long, and Short), Form (Composite and Non-Composite), and End-Use Industry (Aerospace & Defense, Sports/Leisure, Wind Turbines, Molding & Compounds, Automotive, Pressure Vessels, Civil Engineering, Marine and Others) - Global Opportunity Analysis and Industry Forecast, 2014-2022

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Fibers Consisting Of 92% Or Greater Carbon Weight Are Known As Carbon Fiber, Which Offers Properties Such As Light Weightiness, Elasticity, Stiffness, Strength, High Temperature Resistance, High Damping Properties, And Chemical Inertness.

The Global Carbon Fiber Market Was Valued At $1,980 Million In 2015, And Is Anticipated To Reach $4,650 Million By 2022, Growing At A Cagr Of 11.1% During The Forecast Period. In Terms Of Volume, The Market Is Anticipated To Reach 143 Kilotons By 2022, Growing At A Cagr Of 13.0%. It Is Segmented Based On Raw Material, Type, Form, End-Use Industry, And Geography. The Demand For Carbon Fiber Has Increased Owing To Its Increased Use In Wind Turbines, Automotive, Sailing/Yacht Building, Marine, And Aerospace & Defense Industry.

Based On The Raw Material, The Market Is Bifurcated Into Pan-Based And Pitch-Based & Rayon-Based Carbon Fiber. Pan-Based Carbon Fiber Segment Is Projected To Grow At The Highest Cagr In The Future.

Based On The Type, The Market Is Divided Into Continuous, Long, And Short Carbon Fibers. Continuous Carbon Fiber Dominated The Market In 2015, And Is Also Projected To Register The Highest Growth Rate. Aerospace & Defense, Sports/Leisure, Wind Turbines, Molding Compounds, Automotive, Pressure Vessels, Civil Engineering, Marine, Pultrusion Misc., Misc. Consumer, And Sailing/Yacht Building Are The Various End-Use Industries For This Market.

Aerospace & Defense Segment Was The Largest Revenue Contributor In 2015, Whereas The Wind Turbine Segment Is Projected To Witness The Highest Cagr. Increased Penetration Of Carbon Fiber In The Automotive Industry And Rise In Demand For Carbon Fiber In Aerospace & Defense Sector Drive The Market Growth. However, The Growth Of Carbon Fiber Market Is Restricted Owing To Its High Prices & Unavailability.

Geographically, The Market Is Analyzed Across North America, Europe, Asia-Pacific, And Lamea. North America Led The Market, Both In Terms Of Value & Volume, In 2015, Due To The Presence Of Major Carbon Fiber Suppliers And Manufacturers. It Is Also Projected To Register The Highest Demand For Carbon Fiber, Owing To The Increased Demand From Aerospace & Defense, Automotive, Wind Turbine, And Sports/Leisure Industries.

The Companies Profiled In The Report Are As Follows:
Toray Industries Inc.
Sgl Group
Hexcel Corporation
Cytec Industries Inc.
Mitsubishi Rayon Co., Ltd.
Hyosung
Teijin Limited
Dowaksa
Ojsc "Svetlogorskkhimvolokno"
Nippon Graphite Fiber Corporation

Key Market Benefits
The Report Provides An In-Depth Analysis Of The Current Trends, Drivers, And Dynamics Of The Global Carbon Fiber Market To Elucidate The Prevailing Opportunities And The Probable Investment Pockets.
It Offers Qualitative Trends As Well As Quantitative Analysis From 2014 To 2022 To Assist The Stakeholders To Understand The Market Scenario.
A Detailed Analysis Of The Key Segments Demonstrates The Consumption Of Carbon Fiber In Different Applications Across Various Industries.
Competitive Intelligence Highlights The Business Practices, Strategies, And Developments Followed By Key Business Players Across The Geographies.

Carbon Fiber Market Key Segments

By Raw Material
Pan-Based Carbon Fiber
Pitch-Based & Rayon-Based Carbon Fiber

By Type
Continuous Carbon Fiber
Long Carbon Fiber
Short Carbon Fiber

By Form
Composite
Non-Composite

By End-User Industry
Aerospace & Defense
Sports/Leisure
Wind Turbines
Molding & Compounds
Automotive
Pressure Vessels
Civil Engineering
Marine
Pultrusion Misc.
Misc. Consumer
Sailing/Yacht Building
Others (Misc. Energy, Oil & Gas, Medical And Industrial Rollers)

By Geography
North America
U.S.
Canada
Mexico
Europe
Uk
Germany
France
Spain
Italy
Rest Of Europe
Asia-Pacific
China
Korea
Japan
India
Rest Of Asia-Pacific
Lamea
Brazil
Argentina
Uae
Saudi Arabia
Rest Of Lamea

Other Key Players in the Market Value Chain Include The Following:
Formosa Plastic Corporation
Bluestar Fiber Company Ltd.

*The Above List Of Companies Is Not Profiled, But Can Be Profiled Based On Client Request.

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