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Advanced Carbon Materials - Global Strategic Business Report

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    Report

  • 552 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5301750

Global Advanced Carbon Materials Market to Reach $10.9 Billion by 2030

The global market for Advanced Carbon Materials estimated at US$6.1 Billion in the year 2022, is projected to reach a revised size of US$10.9 Billion by 2030, growing at a CAGR of 7.6% over the analysis period 2022-2030. Special Graphite, one of the segments analyzed in the report, is projected to record 6.6% CAGR and reach US$2.1 Billion by the end of the analysis period. Growth in the Carbon Fibers segment is estimated at 9.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 9.1% CAGR

The Advanced Carbon Materials market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.1% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.

Select Competitors (Total 231 Featured)

  • Aldila, Inc.
  • 2-DTech Limited
  • Abalonyx AS
  • ACS Material, LLC
  • Ad-Nano Technologies
  • Advanced Graphene Products Sp. z o.o.
  • Advanced Composites, Inc.
  • Aligned Carbon
  • Advanced Graphene Solutions, Inc.
  • 3D Strong
  • Adherent Technologies Inc.
  • 9T Labs
  • AEON-T
  • 4M Carbon Fiber
  • 2d Materials Pte. Limited

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Advanced Carbon Materials Market

What is the estimated value of the Advanced Carbon Materials Market?

The Advanced Carbon Materials Market was estimated to be valued at $6.1 Billion in 2022.

What is the growth rate of the Advanced Carbon Materials Market?

The growth rate of the Advanced Carbon Materials Market is 7.5%, with an estimated value of $10.9 Billion by 2030.

What is the forecasted size of the Advanced Carbon Materials Market?

The Advanced Carbon Materials Market is estimated to be worth $10.9 Billion by 2030.

Who are the key companies in the Advanced Carbon Materials Market?

Key companies in the Advanced Carbon Materials Market include Aldila, Inc., 2, DTech Limited, Abalonyx AS, ACS Material, LLC, Ad, Nano Technologies, Advanced Graphene Products Sp. z o.o., Advanced Composites, Inc. and Aligned Carbon.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed?
  • Progress on Vaccinations: Why Should Businesses Care?
  • With IMF’s Upward Revision of Global GDP Forecasts, Most Companies are Bullish about an Economic Comeback Despite a Continuing Pandemic
  • A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Easing Unemployment Levels in 2021 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2019, 2020, 2021, and 2022
  • Industrial Activity Remain Subdued in 2020
  • Global PMI Index Points for the Years 2018, 2019 & 2020
  • Uncertainty Characterizes Carbon Fiber Supply, Wind Sector to Drive Demand
  • Advanced Carbon Materials - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • An Introduction to Advanced Carbon Materials
  • Special Graphite
  • Carbon Fiber
  • Global Carbon Fiber Production Capacity by Region/Country (in ‘000 MT): 2019
  • Carbon Nanotube (CNT)
  • Carbon Foam
  • Global Market Prospects & Outlook
  • Analysis by Product Type
  • World Advanced Carbon Materials Market by Product Type (2021 & 2027): Percentage Breakdown of Sales for Special Graphite, Carbon Fibers, Carbon Nanotubes, Carbon Foams, and Other Product Types
  • Analysis by Application
  • World Advanced Carbon Materials Market by Application (2021 & 2027): Percentage Breakdown of Sales for Aerospace & Defense, Energy, Automotive, Sports, Construction, Electronics, and Other Applications
  • Regional Analysis
  • World Advanced Carbon Materials Market: Percentage Breakdown of Sales for Developed and Developing Regions for the Years 2021 & 2027
  • World Advanced Carbon Materials Market: Geographic Regions Ranked by CAGR (Sales) for 2020-2027: China, USA, Asia-Pacific, Canada, Europe, Japan and Rest of World
  • Competitive Scenario
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Advanced Carbon Materials Versatility Comes from Exceptional Thermal Stability and Properties
  • Lightweight Properties of Carbon NanoMaterials: Broadens the Use Case
  • Advanced Carbon Materials Find Usage in Niche Applications of Key Industries
  • Aerospace and Defense: The Largest Application Market for Carbon Materials
  • Surging Use of Advanced Composites in Aerospace Assembly to Bode Well for Market Growth
  • Carbon Materials for Hypersonic Aircraft
  • The Many Challenges with Using Carbon Fiber Composites in Aircraft Manufacture
  • Rise in Use of Carbon Fibers and Composites in Aerospace Sector Benefits Demand
  • Raw Material Use in Aircraft Manufacturing Worldwide (2021): Percentage Breakdown of Volume Demand by Type of Raw Material
  • Increasing Share of Carbon Composites in Commercial Aircrafts
  • Aerospace Demand for Carbon Fiber in Various Aircraft Types: 2021E
  • Impact of Pandemic on Aerospace Sector
  • Commercial Airline Revenue Growth (in %) for 2010-20
  • Global Airlines Performance by Region: 2020 Vs 2019
  • Rising Investments in Wind Energy Augur Well for Market Growth
  • Growing Preference for Carbon Fiber over Glass Fiber in Wind Energy Sector to Benefit Demand
  • Projected Net Capacity Additions of Renewable Energy (In GW) for the Period 2019 to 2024
  • Global Wind Power Market: Cumulated Installed Capacity (in GW) for the Years 2012 through 2020
  • Trend towards Longer & Lightweight Blades Bodes Well for Carbon Fiber Market
  • Global Demand for Carbon Fiber Reinforced Plastics (CFRP) in Thousand Metric Tons for 2020, and 2025
  • Robust Outlook for Renewable Energy Post Pandemic to Drive Demand for Advanced Carbon Materials in Solar Panels & Wind Turbines
  • Advanced Carbon Materials Finds Increasing Preference for Replacing Steel in Automotive Industry
  • Automotive Industry: The Most Promising End-Use Area for Recycled Carbon Fiber Use
  • Ongoing Shift towards Lighter Weight Vehicles to Drive Future Demand
  • Breakdown of Automotive Material Mix: 2020
  • Average Vehicle Weight (in Pounds) for the Years 2015, 2020 and 2028
  • Emission Control Legislations in Select Regions/Countries
  • Emissions Target (In Grams per Mile) and Fuel Efficiency Target (In Miles per Gallon) Established by CAFE Standards for the Years 2018-2025
  • Advanced Carbon Materials Use Case in Automobiles
  • Rising Potential for Carbon Fiber Usage Sport Goods to Drive Demand for Advanced Carbon Materials
  • Racing Sport Concepts Introduces Sophisticated Carbon Fiber Aero Kits Package
  • Electronics Industry: A Niche Market for Advanced Carbon Materials
  • Recycled Carbon Fiber Takes the Market by Storm
  • Cost of Carbon Fiber: A Major Limiting Factor Challenging Growth
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Advanced Carbon Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Advanced Carbon Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 3: World 14-Year Perspective for Advanced Carbon Materials by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2016, 2023 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Special Graphite by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Special Graphite by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 6: World 14-Year Perspective for Special Graphite by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Carbon Fibers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Carbon Fibers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 9: World 14-Year Perspective for Carbon Fibers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Carbon Nanotubes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Carbon Nanotubes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 12: World 14-Year Perspective for Carbon Nanotubes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Carbon Foams by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Carbon Foams by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 15: World 14-Year Perspective for Carbon Foams by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 18: World 14-Year Perspective for Other Product Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Aerospace & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 21: World 14-Year Perspective for Aerospace & Defense by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for Energy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 23: World Historic Review for Energy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 24: World 14-Year Perspective for Energy by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 25: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 26: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 27: World 14-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 28: World Recent Past, Current & Future Analysis for Sports by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 29: World Historic Review for Sports by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 30: World 14-Year Perspective for Sports by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 31: World Recent Past, Current & Future Analysis for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 32: World Historic Review for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 33: World 14-Year Perspective for Construction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 34: World Recent Past, Current & Future Analysis for Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 35: World Historic Review for Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 36: World 14-Year Perspective for Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 37: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 38: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 39: World 14-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 40: World Advanced Carbon Materials Market Analysis of Annual Sales in US$ Thousand for Years 2016 through 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Advanced Carbon Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • CANADA
  • JAPAN
  • Advanced Carbon Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • CHINA
  • Advanced Carbon Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • EUROPE
  • Advanced Carbon Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • FRANCE
  • Advanced Carbon Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • GERMANY
  • Advanced Carbon Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • ITALY
  • UNITED KINGDOM
  • Advanced Carbon Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Advanced Carbon Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • REST OF WORLD
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Aldila, Inc.
  • 2-DTech Limited
  • Abalonyx AS
  • ACS Material, LLC
  • Ad-Nano Technologies
  • Advanced Graphene Products Sp. z o.o.
  • Advanced Composites, Inc.
  • Aligned Carbon
  • Advanced Graphene Solutions, Inc.
  • 3D Strong
  • Adherent Technologies Inc.
  • 9T Labs
  • AEON-T
  • 4M Carbon Fiber
  • 2d Materials Pte. Limited