Carbon Fiber in Light Weight Pressure Vessels Market Share, Size, and Outlook by 2027
Carbon Fiber in Light Weight Pressure Vessels Market: Strategic Insights
Carbon Fiber in Light Weight Pressure Vessels Market
-
CAGR (2018 - 2027)11.4% -
Market Size 2018
US$ 187.0 Million -
Market Size 2027
US$ 486.5 Million
Market Dynamics
GROWTH DRIVERS
- Adoption of carbon fiber for lightweight and strong pressure vessels
- Increased use in hydrogen storage and high-pressure applications
FUTURE TRENDS
- Increased use in energy and transport
- Focus on lightweight solutions
OPPORTUNITIES
- Increase in carbon fiber application in the energy and aerospace industries
- Opportunities in hydrogen storage and lightweight vehicle components
Key Players
- HYOSUNG CORPORATION
- Solvay
- Formosa Plastics Corporation
- Toray Industries Inc
- Teijin Limited
- SGL Carbon
- Mitsubishi Chemical Corporation
- Kureha Corporation
- Hexcel Corporation
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Precursor Type
- PAN
- Pitch
Tow Size
- 12 k to 24k
- 24k above