Global Carbon Fiber Composite Market Research Report 2021

Carbon fiber composites pose high stiffness, high chemical resistance, high tensile strength, and tolerant to excessive heat. They are recognized as clean energy technologies as it leads to energy reductions through fuel savings. Manufacturers are now concentrating on developing more advanced production technologies, so as to reduce the manufacturing and assembly costs and to meet the growing demand from several industries.

Market Analysis and Insights: Global Carbon Fiber Composite Market
The global Carbon Fiber Composite market was valued at US$ 24640 million in 2020 and it is expected to reach US$ 36800 million by the end of 2027, growing at a CAGR of 5.4% during 2021-2027.

Global Carbon Fiber Composite Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Carbon Fiber Composite Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Pitch-Based Carbon Fiber
Polyacrylonitrile Carbon Fibers
Rayon-Based Carbon Fiber

Segment by Application
Automotive
Aerospace & Defence
Wind Energy
Marine
Rail Industry
Oil & Gas
Civil Engineering
Electronics and Electricals
Others

By Company
Mitsubishi Chemical Holdings Corporation
Nippon Graphite Fiber Corporation
Koninklijke DSM N.V.
Aeron Composite
Taekwang Industrial
Hexcel Corporation
Toray Industries
Hindoostan Composite Solutions
SGL Group
Teijin Limited

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E