Carbon Fiber: Global Market Analysis, Trends, Market Size and Forecasts to 2024 - CAGR to Grow at 11.7% - ResearchAndMarkets.com

The "Carbon Fiber Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.

The report predicts the global carbon fiber market to grow with a CAGR of 11.7% over the forecast period of 2018-2024.

Rapidly growing use of carbon fiber in aerospace and spacecraft for the manufacturing of various parts is the primary factor driving the growth of the carbon fiber market. In addition, increasing awareness about the excellent mechanical and physical properties of carbon fibers rises its use in various industries, which is likely to boost the growth of the carbon fiber market.

Moreover, growing demand of lightweight but strong material from the automotive and aerospace industries are projected to create more opportunities in upcoming years. However, high cost of carbon fibers is hampering the growth of carbon fiber market.

Among regions, North America dominates the carbon fiber market. The presence of the largest aircraft makers in this region results in increased demand of carbon fiber in this region. The many automotive manufacturers are focusing on the production of lightweight cars that is likely to boost the growth of carbon fiber market in this region.

Key Topics Covered

1. Preface

2. Executive Summary

3. Global Carbon Fiber Market Overview

4. Global Carbon Fiber Market by Macro Indicator Analysis

5. Global Carbon Fiber Market by Type

6. Global Carbon Fiber Market by Application

7. Global Carbon Fiber Market by End-user Industry

8. Global Carbon Fiber Market by Region 2018-2024

9. Companies Covered

• Toray Industries Inc.
• SGL Group
• Tejin Limited
• BASF SE
• Mitsubishi Rayon Co.
• Hexcel Corporation
• Hyosung Corporation
• Nippon Steel & Sumitomo Metal Corporation
• Formosa Plastic Corporation

For more information about this report visit https://www.researchandmarkets.com/research/ncbxcq/carbon_fiber?w=4

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