Carbon Fiber Market by Raw Material, Type, Form and End-Use Industry - Global Opportunity Analysis and Industry Forecast, 2018-2025

  • ID: 4580633
  • Report
  • Region: Global
  • 301 pages
  • Allied Analytics LLP
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Fibers consisting of 92% or greater carbon weight are known as carbon fiber, which offers properties such as light weightiness, elasticity, stiffness, strength, high temperature resistance, high damping properties, and chemical inertness.

The global carbon fiber market was valued at $2,766 million in 2017, and is anticipated to reach $5,991 million by 2025, growing at a CAGR of 11.7% during the forecast period. In terms of volume, the market is anticipated to reach 197 kilotons by 2025, growing at a CAGR of 14.3%. It is segmented based on raw material, type, form, end-use industry, and geography. The demand for carbon fiber has increased owing to its increased use in wind turbines, automotive, sailing/yacht building, marine, and aerospace & defense industry.

Based on the raw material, the market is bifurcated into pan-based and pitch-based & rayon-based carbon fiber. Pan-based carbon fiber segment is projected to grow at the highest CAGR in the future. Based on the type, the market is divided into continuous, long, and short carbon fibers. Continuous carbon fiber dominated the market in 2017 and is also projected to register the highest growth rate. Aerospace & defense, sports/leisure, wind turbines, molding compounds, automotive, pressure vessels, civil engineering, marine, pultrusion misc., misc. consumer, and sailing/yacht building are the various end-use industries for this market. Aerospace & defense segment was the largest revenue contributor in 2017, whereas the wind turbine segment is projected to witness the highest CAGR. Increased penetration of carbon fiber in the automotive industry and rise in demand for carbon fiber in aerospace & defense sector drive the market growth. However, the growth of carbon fiber market is restricted owing to its high prices & unavailability.

Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America led the market, both in terms of value & volume, in 2017, due to the presence of major carbon fiber suppliers and manufacturers. It is also projected to register the highest demand for carbon fiber, owing to the increased demand from aerospace & defense, automotive, wind turbine, and sports/leisure industries.

The companies profiled in the report are as follows:
  • Toray Industries Inc.
  • SGL Carbon SE
  • Solvay SA
  • Cytec Industries Inc.
  • Mitsubishi Chemical Holdings Corporation
  • Hyosung Corporation
  • Teijin Limited
  • DowAksa Advanced Composites Holding B.V.
  • OJSC 'Svetlogorskkhimvolokno'
  • Nippon Steel & Sumitomo Metal Corporation
KEY MARKET BENEFITS
  • The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global carbon fiber market to elucidate the prevailing opportunities and the probable investment pockets.
  • It offers qualitative trends as well as quantitative analysis from 2017 to 2025 to assist the stakeholders to understand the market scenario.
  • A detailed analysis of the key segments demonstrates the consumption of carbon fiber in different applications across various industries.
  • Competitive intelligence highlights the business practices, strategies, and developments followed by key business players across the geographies.
KEY MARKET SEGMENTS

BY RAW MATERIAL
  • Pan-Based Carbon Fiber
  • Pitch-Based & Rayon-Based Carbon Fiber
BY TYPE
  • Continuous Carbon Fiber
  • Long Carbon Fiber
  • Short Carbon Fiber
BY FORM
  • Composite
  • Non-Composite
BY END-USER INDUSTRY
  • Aerospace & Defense
  • Sports/Leisure
  • Wind Turbines
  • Molding & Compounds
  • Automotive
  • Pressure Vessels
  • Civil Engineering
  • Marine
  • Pultrusion Misc.
  • Misc. Consumer
  • Sailing/Yacht Building
  • Others (Misc. Energy, Oil & Gas, Medical and Industrial Rollers)
BY GEOGRAPHY
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Korea
  • Japan
  • India
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • Rest Of LAMEA
OTHER KEY PLAYERS IN THE MARKET VALUE CHAIN INCLUDE THE FOLLOWING:
  • Formosa Plastic Corporation
  • Bluestar Fiber Company Ltd.
  • Zoltek Companies
  • Crosby Composites
  • Plasan Carbon Composites
*The above list of companies is not profiled but can be profiled based on client request.
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CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. RESEARCH METHODOLOGY
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY
2.1. MARKET SNAPSHOT
2.2. KEY FINDINGS OF THE STUDY
2.3. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets, by end-use industry
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Increase in penetration of carbon fiber components in automotive industry
3.4.1.2. Government regulations for emission control
3.4.1.3. Rise in demand for high-performance carbon fiber in aerospace & defense
3.4.2. Restraints
3.4.2.1. High price of carbon fiber
3.4.2.2. Long production cycle and unavailability of carbon fibers
3.4.3. Opportunities
3.4.3.1. Increase in application of carbon fiber in wind turbines
3.4.3.2. Rise in use of carbon fiber in medical industry
3.5. PATENT ANALYSIS
3.6. PRODUCT BENCHMARKING

CHAPTER 4 GLOBAL CARBON FIBER MARKET, BY RAW MATERIAL
4.1. INTRODUCTION
4.1.1. Market size and forecast
4.2. PAN-BASED CARBON FIBER
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.3. PITCH-BASED CARBON FIBER & RAYON-BASED CARBON FIBER
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast

CHAPTER 5 GLOBAL CARBON FIBER MARKET, BY TYPE
5.1. INTRODUCTION
5.1.1. Market size and forecast
5.2. CONTINUOUS CARBON FIBER
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.3. LONG CARBON FIBER
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.4. SHORT CARBON FIBER
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast

CHAPTER 6 GLOBAL CARBON FIBER MARKET, BY FORM
6.1. INTRODUCTION
6.1.1. Market size and forecast
6.2. COMPOSITE CARBON FIBER
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast
6.3. NON-COMPOSITE CARBON FIBER
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast

CHAPTER 7 GLOBAL CARBON FIBER MARKET, BY END-USE INDUSTRY
7.1. INTRODUCTION
7.1.1. Market size and forecast
7.2. AEROSPACE & DEFENSE
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast
7.3. SPORTS/LEISURE
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast
7.4. WIND TURBINES
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast
7.5. MOLDING & COMPOUNDS
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast
7.6. AUTOMOTIVE
7.6.1. Key market trends, growth factors, and opportunities
7.6.2. Market size and forecast
7.7. PRESSURE VESSELS
7.7.1. Key market trends, growth factors, and opportunities
7.7.2. Market size and forecast
7.8. CIVIL ENGINEERING
7.8.1. Key market trends, growth factors, and opportunities
7.8.2. Market size and forecast
7.9. MARINE
7.9.1. Key market trends, growth factors, and opportunities
7.9.2. Market size and forecast
7.10. PULTRUSION MISC.
7.10.1. Key market trends, growth factors, and opportunities
7.10.2. Market size and forecast
7.11. MISC. CONSUMER
7.11.1. Key market trends, growth factors, and opportunities
7.11.2. Market size and forecast
7.12. SAILING/YACHT BUILDING
7.12.1. Key market trends, growth factors, and opportunities
7.12.2. Market size and forecast
7.13. OTHERS
7.13.1. Key market trends, growth factors, and opportunities
7.13.2. Market size and forecast

CHAPTER 8 GLOBAL CARBON FIBER MARKET, BY REGION
8.1. INTRODUCTION
8.1.1. Market size and forecast
8.2. NORTH AMERICA
8.2.1. Key market trends, growth factors, and opportunities
8.2.2. Market size and forecast
8.2.2.1. By raw material
8.2.2.2. By type
8.2.2.3. By form
8.2.2.4. By end-use industry
8.2.2.5. By country
8.2.3. U.S.
8.2.3.1. Market size and forecast, by type
8.2.4. Canada
8.2.4.1. Market size and forecast, by type
8.2.5. Mexico
8.2.5.1. Market size and forecast, by type
8.3. EUROPE
8.3.1. Key market trends, growth factors, and opportunities
8.3.2. Market size and forecast
8.3.2.1. By raw material
8.3.2.2. By type
8.3.2.3. By form
8.3.2.4. By end-use industry
8.3.2.5. By country
8.3.3. Germany
8.3.3.1. Market size and forecast, by type
8.3.4. France
8.3.4.1. Market size and forecast, by type
8.3.5. UK
8.3.5.1. Market size and forecast, by type
8.3.6. Italy
8.3.6.1. Market size and forecast, by type
8.3.7. SPAIN
8.3.7.1. Market size and forecast, by type
8.3.8. Rest of Europe
8.3.8.1. Market size and forecast, by type
8.4. ASIA-PACIFIC
8.4.1. Key market trends, growth factors, and opportunities
8.4.2. Market size and forecast
8.4.2.1. By raw material
8.4.2.2. By type
8.4.2.3. By form
8.4.2.4. By end-use industry
8.4.2.5. By country
8.4.3. China
8.4.3.1. Market size and forecast, by type
8.4.4. India
8.4.4.1. Market size and forecast, by type
8.4.5. Japan
8.4.5.1. Market size and forecast, by type
8.4.6. Korea
8.4.6.1. Market size and forecast, by type
8.4.7. Rest of Asia-Pacific
8.4.7.1. Market size and forecast, by type
8.5. LAMEA
8.5.1. Key market trends, growth factors, and opportunities
8.5.2. Market size and forecast
8.5.2.1. By raw material
8.5.2.2. By type
8.5.2.3. By form
8.5.2.4. By end-use industry
8.5.2.5. By country
8.5.3. Brazil
8.5.3.1. Market size and forecast, by type
8.5.4. Argentina
8.5.4.1. Market size and forecast, by type
8.5.5. UAE
8.5.5.1. Market size and forecast, by type
8.5.6. Saudi Arabia
8.5.6.1. Market size and forecast, by type
8.5.7. Rest of LAMEA
8.5.7.1. Market size and forecast, by type

CHAPTER 9 COMPANY PROFILES
9.1. DOWAKSA ADVANCED COMPOSITES HOLDING B.V.
9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Operating business segments
9.1.4. Product portfolio
9.1.5. Key strategic moves and developments
9.2. HEXCEL CORPORATION
9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Operating business segments
9.2.4. Product portfolio
9.2.5. Business performance
9.2.6. Key strategic moves and developments
9.3. HYOSUNG CORPORATION
9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Operating business segments
9.3.4. Product portfolio
9.3.5. Business performance
9.3.6. Key strategic moves and developments
9.4. MITSUBISHI CHEMICAL HOLDINGS CORPORATION
9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Operating business segments
9.4.4. Product portfolio
9.4.5. Business performance
9.4.6. Key strategic moves and developments
9.5. NIPPON STEEL & SUMITOMO METAL CORPORATION
9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Operating business segments
9.5.4. Product portfolio
9.5.5. Business performance
9.6. OJSC SVETLOGORSKKHIMVOLOKNO
9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Operating business segments
9.6.4. Product portfolio
9.7. SGL CARBON SE
9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Operating business segments
9.7.4. Product portfolio
9.7.5. Business performance
9.7.6. Key strategic moves and developments
9.8. TEIJIN LIMITED
9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Operating business segments
9.8.4. Product portfolio
9.8.5. Business performance
9.8.6. Key strategic moves and developments
9.9. TORAY INDUSTRIES INC.
9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Operating business segments
9.9.4. Product portfolio
9.9.5. Business performance
9.9.6. Key strategic moves and developments
9.10. SOLVAY SA
9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Operating business segments
9.10.4. Product portfolio
9.10.5. Business performance
9.10.6. Key strategic moves and developments
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According to a new report published Carbon Fiber Market by Raw Material, Type, Form, and End-User Industry: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global carbon fiber market was valued at $2,766 million in 2017, and is expected to reach $5,991 million by 2025, growing at a CAGR of 11.7% during the forecast period. The aerospace & defense segment was the largest revenue contributor to the global carbon fiber market in 2017. North America held the leading position, both in terms of value & volume, in 2017, and is expected to grow at the highest rate during the study period.

Aerospace & defense segment accounted for largest share of carbon fiber market in 2017, owing to the highest consumption of carbon fiber in commercial aircraft. Increased production of U.S.-based Boeing 787/777 and the Europe-based Airbus A350XWP is expected to drive the market growth. However, the increased prices and unavailability of carbon fibers are anticipated to restraint the market growth.

Pan-based carbon fiber accounted for approximately 90% of the share in the global carbon fiber market in 2017, as it offers high yield and excellent processing properties. Pitch-based & rayon-based carbon fibers are still in the introduction stage, and are expensive than pan-based carbon fiber, thereby driving growth of the pan-based segment. Based on type, the continuous carbon fiber is projected to witness the highest growth rate during the forecast period. Composite form of carbon fiber dominated the market, accounting for more than 95% market share in 2017, and is also projected to register the highest growth rate during the forecast period.

Key findings Of The Carbon Fiber Market:

The aerospace & defense segment occupied the highest share in 2017 and is expected to grow at a CAGR of 10.5%, in terms of value, during the forecast period.
North America is the leading consumer of carbon fiber, accounting for approximately more than one-third share of the global market, followed by Europe.
Pan-based carbon fiber is expected to register the highest CAGR of 11.8%.
Continuous carbon fiber segment accounted for approximately four-fifths of the global carbon fiber market in 2017.
U.S. is the leading market in the North American region, growing at a CAGR 12.9%.

North America accounted for the largest market share in 2017, and is projected to grow at the highest CAGR, owing to the presence of major manufacturers. In addition, the demand from the aerospace & defense, wind turbines, and marine sectors is expected to drive the market growth in North America. Europe was estimated to be the second largest consumer for carbon fiber in 2017, due to the increased demand from the aerospace & defense and sports/leisure industries.

The prominent players profiled in this report DowAksa Advanced Composites Holding B.V., Mitsubishi Chemical Holdings Corporation, Nippon Steel & Sumitomo Metal Corporation, OJSC SvetlogorskKhimvolokno, SGL Carbon SE, Teijin Limited (Teijin), Toray Industries Inc., Hexcel Corporation, Solvay SA, and Hyosung Corporation.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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