Carbon Fiber Market (Updated Version Available)

Carbon fiber is a long, thin strand of material about 0.0002-0.0004 in (0.005-0.010 mm) in diameter and composed mostly of carbon atoms. The carbon atoms are bonded together in microscopic crystals that are more or less aligned parallel to the long axis of the fiber. The crystal alignment makes the fiber incredibly strong for its size. Several thousand carbon fibers are twisted together to form a yarn, which may be used by itself or woven into a fabric. The yarn or fabric is combined with epoxy and wound or molded into shape to form various composite materials. Carbon fiber-reinforced composite materials are used to make aircraft carbon fiber compared to human hair and spacecraft parts, racing car bodies, golf club shafts, bicycle frames, fishing rods, automobile springs, sailboat masts, and many other components where light weight and high strength are needed.
In consumption market, the growth rate of global consumption is smooth relatively. North America, Europe and Japan are still the main consumption regions due to the advanced technology and rapid development of economy.
Carbon fiber can be classified as two types, which depends on the number of fiber, including regular-tow carbon fiber and large-tow carbon fiber. Carbon fiber products offer advantages for advanced material solutions such as light-weight; high-tensile strength, manufacturing flexibility and heat resistance. It can be widely used in many fields. Survey results showed that 19.54% of the carbon fiber market is consumed in aerospace industry, 18.54% in sports/leisure, and the largest consumer is industrial materials with 61.92% in 2016.
The raw material used to make carbon fiber is called the precursor. About 90% of the carbon fibers produced are made from polyacrylonitrile (PAN). The remaining 10% are made from rayon or petroleum pitch. On the global market, supply of raw materials is sufficient.

The report offers detailed coverage of Carbon Fiber industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Carbon Fiber by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Carbon Fiber market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Carbon Fiber market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Toray
ZOLTEK (Toray)
Mitsubishi Rayon
Toho Tenax (Teijin)
Hexcel
Formosa Plastics Corp
SGL
Cytec Solvay
Dow Aksa
Hyosung
Taekwang Industrial
Zhongfu Shenying
Jiangsu Hengshen
Weihai Tuozhan Fiber
Bluestar Fibres

At the same time, we classify Carbon Fiber according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Regular-Tow Carbon Fiber
Large-Tow Carbon Fiber
Market by Application
Industrial Materials
Aerospace
Sports/Leisure

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Carbon Fiber market for the forecast period 2021 - 2025?
• What are the driving forces in the Carbon Fiber market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Carbon Fiber industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?