Carbon Fiber Market by Product Type (Continuous, Long, Short), Raw Material (PAN, Pitch, Rayon), Form ( Composite, Non-Composite), End User Industry (Aerospace & Defense, Automotive, Wind Energy, Sporting Goods), and Region - Global Forecast to 2026

Published by MarketsandMarkets on 15th December 2016 | Ref: 204468 | This Report Is In Stock

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$5650 | Single User
$6650 | Multi User
$8150 | Corporate License
$10000 | Enterprise License

Introduction

“Carbon fiber market projected to grow at a CAGR of 10.8% in terms of value from 2016 to 2026”

The global carbon fiber market is projected to reach USD 8.00 billion by 2026, at a CAGR of 10.8% from 2016 to 2026. The major drivers of the global carbon fiber market are, the increasing demand for carbon fiber from the automotive and aerospace & defense end-user industries, increasing usage of carbon fiber in wind energy, and new product launches in the carbon fiber market. However, issues related to the high cost of carbon fiber and insufficient production capacity are the major factors restraining the growth of the market.

“Aerospace & defense end-user industry form the largest market share in the carbon fiber market, by value.”

Carbon fiber is gaining importance in the aerospace & defense end-user industry as it enhances the strength and rigidity of the composite. Carbon fiber is already being used in the aerospace industry, with 50% of an aircraft‘s components being composites. Carbon fiber has great strength-to-weight capability as compared to other traditional aerospace materials, and hence, facilitates more efficient designs, structurally. It is normally used in secondary structures such as fairings, seat structures, luggage racks, galley equipment, and aircraft nose.

“North America is the fastest-growing region in carbon fiber market.”

North America is the fastest-growing region in the carbon fiber market. The increasing demand for carbon fiber based composites by various end-use industries such as, automotive, aerospace & defense, wind energy, and sporting goods is driving the carbon fiber market in the region. Moreover, the region is witnessing rapid economic development and industrialization which is also driving the carbon fiber market in the region.

This study has been validated through primaries conducted with various industry experts, globally. These primary sources have been divided into the following three categories:

• By company type- Tier 1- 35%, Tier 2- 25%, and Tier 3- 40%

• By designation- C Level- 30%, Director Level- 25%, and Others- 45%

• By region- North America- 30%, Europe- 25%, Asia-Pacific- 30%, Latin America- 10% and Middle East & Africa- 5%

The report provides a comprehensive analysis and company profiles of the following companies:

• Hexcel Corporation (U.S.)

• Mitsubishi Rayon Co. Ltd. (Japan)

• Teijin Limited (Japan)

• Hyosung (South Korea)

• SGL Group (Germany)

• Cytec Industries Inc. (U.S.)

• DowAksa (Turkey)

• SvetlogorskKhimvolokno (Belrus)

• Toray Industries Inc. (Japan)

• Kemrock Industries & Exports Ltd. (India)

Research Coverage:

The report covers the global carbon fiber market in terms of form types, end-user industries, raw material, and product types. It aims at estimating the market size and future growth potential of this market across different segments such as, end-user industries, product type, form, raw material type, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.


Reasons to buy the report:

The report will help market leaders/new entrants in this market by providing them the closest approximations of the revenues for the overall carbon fiber market and the subsegments. The report will help stakeholders to better understand the competitive landscape and gain more insights, to better position their businesses and market strategies. The report will also help stakeholders understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

TABLE OF CONTENTS

1 INTRODUCTION 14

1.1 OBJECTIVES OF THE STUDY 14

1.2 MARKET DEFINITION 14

1.3 SCOPE OF THE STUDY 15

1.4 CURRENCY 16

1.5 PACKAGE SIZE 16

1.6 STAKEHOLDERS 16

1.7 LIMITATIONS 16

2 RESEARCH METHODOLOGY 17

2.1 RESEARCH DATA 17

2.2 MARKET SIZE ESTIMATION 20

2.3 DATA TRIANGULATION 22

2.4 RESEARCH ASSUMPTIONS 23

3 EXECUTIVE SUMMARY 24

4 PREMIUM INSIGHTS 28

4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN THE CARBON FIBER MARKET 28

4.2 CARBON FIBER MARKET, BY END-USE INDUSTRY 29

4.3 CARBON FIBER MARKET, BY REGION AND APPLICATION INDUSTRY 29

4.4 CARBON FIBER MARKET, BY COUNTRY 30

4.5 CARBON FIBER MARKET, BY FORM 31

5 MARKET OVERVIEW 32

5.1 INTRODUCTION 33

5.2 MARKET SEGMENTATION 33

5.3 MARKET DYNAMICS 35

5.4 PORTER’S FIVE FORCES ANALYSIS 40

5.5 RAW MATERIAL ANALYSIS 43

5.6 COST STRUCTURE ANALYSIS 44

6 MACRO ECONOMIC OVERVIEW AND KEY TRENDS 46

6.1 INTRODUCTION 46

6.2 TRENDS AND FORECAST OF GDP 46

6.3 PER CAPITA GDP VS. PER CAPITA CARBON FIBER DEMAND 48

6.4 TRENDS OF AUTOMOTIVE INDUSTRY 49

6.5 TRENDS IN THE AEROSPACE INDUSTRY 50

6.6 TRENDS IN THE WIND ENERGY INDUSTRY 52

7 CARBON FIBER MARKET, BY RAW MATERIAL 54

7.1 INTRODUCTION 55

7.2 PAN-BASED CARBON FIBER 56

7.3 PITCH-BASED CARBON FIBER 58

7.4 RAYON-BASED CARBON FIBER 59

8 CARBON FIBER MARKET, BY PRODUCT TYPE 60

8.1 INTRODUCTION 61

8.2 CONTINUOUS CARBON FIBER 62

8.3 LONG CARBON FIBER 63

8.4 SHORT CARBON FIBER 64

9 CARBON FIBER MARKET, BY FORM 66

9.1 INTRODUCTION 67

9.2 COMPOSITE 67

9.3 NON-COMPOSITE 67

10 CARBON FIBER MARKET, BY END-USE INDUSTRY 69

10.1 INTRODUCTION 70

10.2 AEROSPACE & DEFENSE 72

10.3 WIND ENERGY 73

10.4 AUTOMOTIVE 75

10.5 SPORTING GOODS 77

10.6 PIPE & TANK 78

10.7 CIVIL ENGINEERING 79

10.8 ELECTRICAL & ELECTRONICS 80

10.9 MARINE 82

10.10 OTHER END-USE INDUSTRIES 83

11 REGIONAL ANALYSIS 85

11.1 INTRODUCTION 86

11.2 NORTH AMERICA 88

11.3 EUROPE 92

11.4 ASIA-PACIFIC 96

11.5 LATIN AMERICA 101

11.6 MIDDLE EAST & AFRICA (ME&A) 104

12 COMPETITIVE LANDSCAPE 108

12.1 OVERVIEW 108

12.2 MARKET SHARE ANALYSIS OF KEY PLAYERS 109

12.3 COMPETITIVE SITUATION AND TRENDS 110

12.4 RECENT DEVELOPMENTS 112

13 COMPANY PROFILES 118

(Overview, Financial*, Products & Services, Strategy, and Developments)

13.1 TORAY INDUSTRIES INC. 118

13.2 HEXCEL CORPORATION 122

13.3 MITSUBISHI RAYON CO., LTD. 125

13.4 TEJIN LIMITED 127

13.5 HYOSUNG 130

13.6 SGL GROUP 133

13.7 CYTEC INDUSTRIES INC. 137

13.8 DOWAKSA 138

13.9 OJSC "SVETLOGORSKKHIMVOLOKNO" 140

13.10 KEMROCK INDUSTRIES AND EXPORTS LIMITED 142

13.11 OTHER KEY PLAYERS 143

*Details might not be captured in case of unlisted companies

14 APPENDIX 144

14.1 INSIGHTS FROM INDUSTRY EXPERTS 144

14.2 DISCUSSION GUIDE 145

14.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 147

14.4 AVAILABLE CUSTOMIZATIONS 147

14.5 RELATED REPORTS 148

14.6 AUTHOR DETAILS 149

Additional Details

Publisher

MarketsandMarkets

Publisher Information

Reference

204468 | AD 1611

Number of Pages

151

Report Format

PDF

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