The global advanced carbon materials market size is expected to reach USD 6.90 billion by 2030, registering a CAGR of 4.5% during the forecast period. Growing demand for fiberglass products in construction, automotive and energy applications, as a lightweight material, is likely to have a positive impact. Furthermore, technological advancement for the development of carbon nanomaterials is expected to increase the industry penetration over the next eight years.
The carbon foams segment is projected to witness a rapid growth rate over the forecast period. This growth can be attributed to the characteristics of carbon nanofibers such as improved electrical conductivity and chemical stability. The demand is further strengthened owing to the huge demand and increase in research and development on nanofoams and fireproof foams.
The carbon foams segment is projected to witness a rapid growth rate over the forecast period. This growth can be attributed to the characteristics of carbon nanofibers such as improved electrical conductivity and chemical stability. The demand is further strengthened owing to the huge demand and increase in research and development on nanofoams and fireproof foams.
Advanced Carbon Materials Market Report Highlights
- By application, The automotive industry is projected to experience a CAGR of of 5.8% over the forecast period. Due to the augmented car production in the economies of India, China, and Mexico.
- Aerospace & defense segment dominated the market with 33.4% of the overall market in 2023. Increasing utilization of CFRP for manufacturing fuselage components and wing boxes for optimizing aerodynamic efficiency is likely to have a positive impact on advanced carbon materials market growth over the next eight years.
- In 2023, carbon fibers segment dominated the market with a global market share of 88.2%, driven by rising concerns over the problems of galvanic corrosion issues related to the use of aluminum in aerospace applications.
- Asia Pacific dominated the global market in 2023 with a share of 33.9% and is anticipated to witness substantial gains over the forecast period on account of the expansion of the manufacturing sector.
The leading players in the Advanced Carbon Materials market include:
- Jiangsu CNano Technology Co. Ltd
- Anaori Carbon Co. Ltd
- Grupo Antolin Ingenieria S.A
- Graphenano
- Graphenea
- CVD Equipment Corporation
- Haydale Graphene Industries PLC
- Showa Denko K.K
- Mitsubishi Rayon
- Hexcel Corporation
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Advanced Carbon Materials Market Variables, Trends, & Scope
Chapter 4. Advanced Carbon Materials Market: Product Estimates & Trend Analysis
Chapter 5. Advanced Carbon Materials Market: Application Estimates & Trend Analysis
Chapter 6. Advanced Carbon Materials Market: Regional Estimates & Trend Analysis
Chapter 7. Advanced Carbon Materials Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
Chapter 9. Company Profiles
Companies Mentioned
The leading players in the Advanced Carbon Materials market include:- Jiangsu CNano Technology Co. Ltd
- Anaori Carbon Co. Ltd
- Grupo Antolin Ingenieria S.A
- Graphenano
- Graphenea
- CVD Equipment Corporation
- Haydale Graphene Industries PLC
- Showa Denko K.K
- Mitsubishi Rayon
- Hexcel Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 110 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 4.92 Billion |
| Forecasted Market Value ( USD | $ 6.9 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
