Carbon Fiber Market Scope And Analysis

Report Code : TIPRE00002830
Category : Chemicals and Materials

No. of Pages : 150

Buy Now

Carbon Fiber Market Scope, Analysis, and Trends by 2031

Buy Now

Carbon Fiber Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 3.99 Billion
Market Size by 2031	US$ 7.51 Billion
Global CAGR (2023 - 2031)	8.2%
Historical Data	2021-2022
Forecast period	2023-2031
Segments Covered	By Raw Material Polyacrylonitrile-Based and Pitch-Based By Application Composite Materials Microelectrodes By End-Use Industry Automotive Aerospace & Defense Building & Construction Sporting Goods Wind Energy Textiles Marine
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	SGL Carbon SE DowAksa Advanced Composite Material Industries Ltd Co Formosa Plastics Corp Hexcel Corp Hyosung Advanced Materials Corp Kureha Corp Mitsubishi Chemical Corp Solvay SA Teijin Ltd Toray Industries Inc

Carbon Fiber Market News and Recent Developments

The carbon fiber market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for carbon fiber:

Toray Industries, Inc. announced today that it has developed TORAYCA T1200 carbon fiber, the world’s highest strength at 1,160 kilopound per square inch (Ksi). This new offering will move us forward to reducing environmental footprints by lightening carbon-fiber-reinforced plastic materials. This fiber also opens a new performance frontier for strength-driven applications. Its potential applications range from aerostructures and defense to alternative energy and consumer products. (Source: Toray Advanced Composites, Press Release, 2023)
SGL Carbon will present a new 50k carbon fiber at JEC World 2023. The new SIGRAFIL C T50-4.9/235 carbon fiber will match the high strength requirements for common pressure vessel designs and exhibits a high elongation capacity. It also enables further applications in market segments that require high strength and elongation. (Source: SGL Carbon, Press Release, 2023)

Carbon Fiber Market Report Coverage and Deliverables

The "Carbon Fiber Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Market dynamics such as drivers, restraints, and key opportunities
Key future trends
Detailed Porter's Five Forces and SWOT analysis
Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
Detailed company profiles