Carbon Fiber Market

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Carbon Fiber Market by Raw Material Type(Pan, Pitch), Fiber Type(Virgin, Recycled), Modulus (Standard, Intermediate, High), Product Type(Continuous, Long, Short), Application(Composites, Non-Composites), End-use Industry, Region - Global Forecast to 2032

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Report Code: AD 1611 Nov, 2022, by marketsandmarkets.com

Updated on : January 28, 2023

The global carbon fiber market was valued at USD 6.5 billion in 2022 and is projected to reach USD 21.7 billion by 2032, growing at a cagr 12.9% from 2022 to 2032. The market's growth is attributed to carbon fibers have high tensile strength, superior chemical resistance and temperature tolerance, low weight and distinguished thermal expansion. These properties of the fiber are expected to raise its demand in the imminent time, which in turn is predicted to boost the market growth. Furthermore, imposition of stringent eco-friendly regulations in developed and developing nations is projected to offer abundant growth opportunities to the market in the upcoming years. However, high cost of carbon fiber is a fundamental concern associated with carbon fiber market growth. Carbon fiber composites, including carbon fiber tapes, are only employed in luxury vehicles in the automobile industry. Furthermore, alternative carbon fiber composites represent a severe threat to carbon fiber industry growth. The Aerospace & Defense industry accounted for a share of 44.2% in terms of value in the carbon fiber market in 2022 and is projected to reach USD 8.5 Billion by 2032 at a CAGR of 11.6%. The Pipe & Tank industry is projected to witness the highest CAGR of 22.4%, growing from USD 0.65 Billion in 2022 to USD 4.9 Billion by 2032

Global Carbon Fiber Market Trends

Carbon Fiber Market

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Carbon Fiber Market Dynamics

Driver: Stringent Eco-friendly Regulations & Rising Popularity of 3D Printing

Large-scale implementation of stringent eco-friendly regulations in developed and developing countries has prompted the increased adoption of more sustainable construction materials.

Weight reduction and increased fuel efficiency are what carbon fibers, and their related composites have to offer. Hence, the activated carbon fiber market is experiencing heightened demand from the luxury and sports cars market. Carbon fiber is being extensively deployed in the automotive industry for the creation of 3D-printed car parts. Carbon fiber is extremely strong and causes the filament to increase in strength and stiffness. This also means that the 3D printed parts will be much lighter and more dimensionally stable, as fiber will help prevent the shrinking of the part as it cools. These latest trends in carbon fiber are driving market growth.

Restraint: High cost of PAN-based carbon fiber

In the automotive industry, carbon fiber is currently used only in racing cars and some high-end sports car as the cost of carbon fiber at present is about USD 10 to USD 20/lb. If the cost of carbon fiber decreases to about USD 5 to USD 7/lb., it will be used on a much larger scale in automobiles. Usage of carbon fiber composite structural parts is expected to increase to a great extent, provided the cost is reduced. Oak Ridge National Laboratory (ORNL), located in the US, is aggressively working to develop low-cost carbon fiber (LCCF) technologies. The price for aerospace-grade carbon fiber currently ranges from USD 80 to USD 120/lb. In other applications such as industrial, sporting goods, and wind energy, the price ranges from USD 10 to USD 20/lb. There are many new applications of carbon fiber-based composite which are not yet commercially feasible as they are expensive.

Opportunity: Increasing demand from FCEVs

Carbon fiber and composites are used in manufacturing hydrogen tanks that are used in fuel tank and mobile pipeline applications. The market for FCEVs is expected to grow rapidly on the back of stringent eco-friendly rules focused on using clean fuel. Currently, the market for FCEVs is very small. However, it is expected to grow rapidly during the forecast period. US aims to achieve a target of 5.3 million units of buses and coaches and 3 million units of forklifts by 2030. Europe has the highest number of hydrogen refuelling stations and targets to reach a market of 3.7 million units of hydrogen-powered FCEVs and 45,000 fuel cell trucks and buses by 2030. South Korea has also designed a roadmap to produce 1.8 million units of FCEVs by 2030. These factors are expected to increase the penetration and demand for hydrogen tanks in the next ten years. This presents significant potential for the growth of carbon fibers.

Challenge: Presence of Substitutes & High Cost of Carbon Fiber

The high cost of carbon fiber is a fundamental concern associated with carbon fiber market growth. Carbon fiber composites, including carbon fiber tapes, are only employed in luxury vehicles in the automobile industry. Furthermore, alternative carbon fiber composites represent a severe Challenge to carbon fiber industry growth.

Carbon Fiber Market Ecosystem

Wind Energy industry accounts for the second largest share in terms of value

Wind Energy industry accounts for the second largest 14.7% of share in terms of value. Wind turbine blades are the key components in wind power generation systems. As per industry experts, only PAN-based carbon fibers are used in wind energy applications. They are widely used in structural spar caps of long wind turbine blades. Carbon fiber and carbon fiber composites are used in the manufacturing of wind blades as they reduce the weight of the turbine blade, resulting in increased length for more electricity generation. Carbon fibers provide the best combination of stiffness, strength, and weight, helping manufacturers to achieve larger blades and higher energy output. Due to its corrosion resistance properties, carbon fibers have helped the wind energy industry to grow by allowing wind turbines to work in the toughest environments.

The use of carbon fiber reduces the overall weight, optimizes the stiffness-to-weight ratio in longer blades, and increases blade stiffness to prevent tower strikes in the event of sudden wind gusts. Reduction of the weight of wind turbine blades is necessary to reduce the cyclical compression exerted by turbine blades. The European wind energy industry is growing due to stricter environmental regulations. In Europe, two-thirds of non-nuclear research budget has been allocated to R&D on renewable and energy-efficient systems. Europe has the most offshore wind energy farms, which makes it the largest consumer of carbon fiber for spar caps.

PAN-based carbon fiber accounted for the largest market share, in terms of value and volume.

PAN fibers are combined with resins that offer additional strength and ability to survive at high temperature and corrosive environments. These properties make them suitable for industries ranging from aerospace to general industrial parts and sports equipment. PAN-based carbon fiber carbon fiber-reinforced composites are used in the form of prepregs, fabrics, pultrusion, and windings. The composite applications of PAN-based carbon fibers are well known in aircraft and automobile manufacturing. However, the composite application of PAN-based carbon fiber would grow significantly in pipes & tanks and wind energy industries due to the increasing number of hydrogen tanks in FCEVs and wind capacity installations global.

Carbon Fiber Market by Region

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Europe held the largest market share in the carbon fiber market

Europe is the largest market for carbon fiber in 2021. It has a significant number of manufacturers that are actively participating in development activities, especially in expansions and new product launches. The region has the presence of major carbon fiber manufacturers. The European region is segmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. The growing automotive industry in the region is bolstering the demand for carbon fiber. Carbon fiber is widely used in different end-use industries such as aerospace & defense, automotive, sporting goods, wind energy, and pipe & tank. The aerospace industry accounts for the maximum share in the European carbon fiber market due to the presence of the huge aerospace industry in France and the UK. The expanding manufacturing facilities in Europe promise a high potential for market growth in the coming years.

Key Players in Carbon Fiber Market

Some of the key players in the global carbon fiber market are Toray Industries Inc., (Japan), DowAksa (Turkey), Mitsubishi Chemical corporation (Japan), Solvay (Belgium), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US), Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Co., Ltd. (China), Formosa Plastics Corporation (Taiwan), Jiangsu Hengshen Co., Ltd. (China), and Jilin Chemical Fiber Group Co., Ltd. (China).

These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the carbon fiber market. The study includes an in-depth competitive analysis of these key players in the carbon fiber market, with their company profiles, recent developments, and key market strategies.

Carbon Fiber Market Report Scope

Report Metric	Details
Years considered for the study	2018-2021
Base year	2021
Forecast period	2022-2027 and 2022-2032
Units considered	Value (USD million), Volume (Tons)
Segments	Raw Material Type, Fiber Type, Modulus, Product Type, Application, End-use Industry, Region
Regions	Europe, North America, Asia Pacific, Latin America, Middle East and Africa
Companies	Toray Industries Inc., (Japan), DowAksa (Turkey), Mitsubishi Chemical corporation (Japan), Solvay (Belgium), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US), Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Co., Ltd. (China), Formosa Plastics Corporation (Taiwan), Jiangsu Hengshen Co., Ltd. (China), and Jilin Chemical Fiber Group Co., Ltd. (China).

This research report categorizes the carbon fiber market based on By Raw Material Type, Fiber Type, Modulus, Product Type, Application, End-use Industry, and Region.

By Raw Material Type:

Pan-based carbon fiber
Pitch-based carbon fiber

By Fiber Type:

Virgin carbon fiber
Recycled carbon fiber

By Modulus Type:

Standard modulus
Intermediate modulus
High modulus

By Product Type:

Continuous carbon fiber
Short carbon fiber
Long carbon fiber

By Application Type:

Composite
Non-Composite

By End-use Industry Type:

Aerospace & Defense,
Automotive
Wind Energy
Pipes & Tanks
Sporting Goods
Others

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Recent Developments in Carbon Fiber Market

In July 2022, Hexcel announced that it has signed a long-term agreement with Dassault to supply carbon fiber prepreg for the Falcon 10X program. This is the first Dassault business jet program to incorporate high-performance advanced carbon fiber composites in the manufacture of its aircraft wings.
In April 2021, Hyosung Advanced Materials signed a contract with Hanhwa Solutions. The company announced that it signed a long-term contract to supply reinforced carbon fiber to be used for strengthening fuel tanks in hydrogen vehicles for six years, beginning 2021. The total supply is worth about 160 billion won. This agreement will boost the sales of carbon fiber.
In April 2021, Mitsubishi Chemical Corporation integrated subsidiaries at the national level in three countries: the US, the UK, and Germany. By sharing and integrating expertise and resources, this integration will enhance cooperation and further strengthen overall business capabilities in each of these three countries. The company will also attempt to strengthen customer responsiveness based in these countries and provide solutions to each country. Nine subsidiaries in the US, five subsidiaries in the UK, and five subsidiaries in Germany were integrated on April 1, 2021.

Frequently Asked Questions (FAQ):

What are the factors influencing the growth of the carbon fiber market?

High demand from aerospace and defence due to superior performance of carbon fiber has driven the market.

Which is the fastest-growing region-level market for Carbon fiber?

Europe is the fastest-growing carbon fiber market due to the presence of carbon fiber manufacturers.

What are the factors contributing to the final price of carbon fiber?

Raw material and technical route adopted for carbon fiber manufacturers plays a vital role in the costs. The cost of these materials contributes largely to the final pricing of carbon fiber.

What are the challenges in the carbon fiber market?

High initial costs and developing low-cost carbon fiber is the major challenge in the carbon fiber market

Which type of carbon fiber holds the largest market share?

PAN-based carbon fiber holds the largest share in terms of both value and volume.

How is the carbon fiber market aligned?

The market is growing at a moderate pace. It is a potential market, and many manufacturers are undertaking business strategies to expand their business especially in the developing countries.

Who are the major manufacturers?

Toray Industries Inc., (Japan), DowAksa (Turkey), Mitsubishi Chemical corporation (Japan), Solvay (Belgium), Teijin Limited (Japan), SGL Carbon (Germany), Hexcel Corporation (US),

What are the major end use industry for carbon fiber?

The major end-use industries for carbon fiber are aerospace & defense, automotive, wind energy and pipes and tanks industries.

What is the biggest restraint in the carbon fiber?

High cost of carbon fiber is the biggest restraint in the carbon fiber market.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 41)

1.1 STUDY OBJECTIVES

1.2 MARKET DEFINITION

1.3 INCLUSIONS AND EXCLUSIONS

1.4 MARKET SCOPE

1.4.1 CARBON FIBER MARKET SEGMENTATION

1.4.2 CARBON FIBERS MARKET: REGIONAL SCOPE

1.4.3 YEARS CONSIDERED

1.5 CURRENCY CONSIDERED

1.6 UNIT CONSIDERED

1.7 LIMITATIONS

1.8 STAKEHOLDERS

1.9 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 46)

2.1 RESEARCH APPROACH

FIGURE 1 RESEARCH DESIGN

2.1.1 SECONDARY DATA

2.1.2 PRIMARY DATA

2.2 BASE NUMBER CALCULATION

2.2.1 APPR0ACH 1: SUPPLY-SIDE APPROACH

2.2.2 APPROACH 2: DEMAND-SIDE APPROACH

2.3 FORECAST NUMBER CALCULATION

2.3.1 SUPPLY SIDE

2.3.2 DEMAND SIDE

2.4 MARKET SIZE ESTIMATION

2.4.1 BOTTOM-UP APPROACH

FIGURE 2 BOTTOM-UP APPROACH

2.4.2 TOP-DOWN APPROACH

FIGURE 3 TOP-DOWN APPROACH

2.5 DATA TRIANGULATION

FIGURE 4 DATA TRIANGULATION

2.6 FACTOR ANALYSIS

2.6.1 IMPACT OF SLOWDOWN/ RECESSION

2.7 ASSUMPTIONS

2.8 LIMITATIONS & RISKS

3 EXECUTIVE SUMMARY (Page No. - 56)

FIGURE 5 PAN-BASED SEGMENT TO LEAD CARBON FIBER MARKET BETWEEN 2022 AND 2027

FIGURE 6 COMPOSITE APPLICATION DOMINATED CARBON FIBER MARKET IN 2021

FIGURE 7 AEROSPACE & DEFENSE END-USE INDUSTRY DOMINATED CARBON FIBER MARKET IN 2021

FIGURE 8 MARKET IN GERMANY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD

FIGURE 9 EUROPE ACCOUNTED FOR LARGEST MARKET SHARE IN 2021

4 PREMIUM INSIGHTS (Page No. - 60)

4.1 CARBON FIBER MARKET SIZE, BY VOLUME

FIGURE 10 INCREASING DEMAND FROM AEROSPACE & DEFENSE INDUSTRY TO DRIVE CARBON FIBER MARKET

4.2 CARBON FIBERS MARKET, BY RAW MATERIAL TYPE

FIGURE 11 PAN-BASED SEGMENT DOMINATED CARBON FIBER MARKET IN 2021

4.3 CARBON FIBER MARKET, BY APPLICATION

FIGURE 12 COMPOSITE APPLICATION DOMINATED CARBON FIBER MARKET IN 2021

4.4 CARBON FIBERS MARKET, BY END-USE INDUSTRY

FIGURE 13 WIND ENERGY SEGMENT ACCOUNTED FOR LARGEST SHARE IN 2021

4.5 CARBON FIBER MARKET GROWTH, BY KEY COUNTRIES

FIGURE 14 MARKET IN GERMANY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 63)

5.1 INTRODUCTION

5.2 MARKET DYNAMICS

FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN CARBON FIBER MARKET

5.2.1 DRIVERS

5.2.1.1 Growing demand for manufacturing satellite parts

5.2.1.2 High demand from aerospace & defense industry

5.2.1.3 Stringent eco-friendly regulations to drive adoption of carbon fibers and related composites in automotive applications

TABLE 1 EUROPEAN UNION: CO2 EMISSION STANDARDS FOR NEW PASSENGER CARS (G/KM)

5.2.1.4 Significant benefits in wind energy industry

TABLE 2 NEW WIND POWER INSTALLATIONS, BY REGION (2020–2025)

5.2.2 RESTRAINTS

5.2.2.1 High cost of PAN-based carbon fiber

5.2.2.2 Decline in demand from luxury cars segment

5.2.3 OPPORTUNITIES

5.2.3.1 Increased investments for development of low-cost coal-based carbon fibers

5.2.3.2 Increasing demand for FCEVs

TABLE 3 NUMBER OF FCEVS, BY MAJOR COUNTRY/REGION, 2019

5.2.3.3 Rising use of carbon fiber in 3D printing

5.2.3.4 Development of low-cost manufacturing processes such as plasma oxidation technology

5.2.4 CHALLENGES

5.2.4.1 Production of low-cost carbon fiber

5.2.4.2 Capital-intensive and complex manufacturing process of carbon fiber

5.3 PORTER’S FIVE FORCES ANALYSIS

FIGURE 16 PORTER’S FIVE FORCES ANALYSIS

5.3.1 BARGAINING POWER OF BUYERS

5.3.2 BARGAINING POWER OF SUPPLIERS

5.3.3 THREAT OF NEW ENTRANTS

5.3.4 THREAT OF SUBSTITUTES

5.3.5 INTENSITY OF COMPETITIVE RIVALRY

TABLE 4 PORTER’S FIVE FORCES ANALYSIS

5.4 SUPPLY CHAIN ANALYSIS

TABLE 5 COMPANIES AND THEIR ROLE IN ECOSYSTEM

5.5 PRICING ANALYSIS

5.6 AVERAGE SELLING PRICES OF KEY PLAYERS, BY APPLICATION

FIGURE 17 AVERAGE SELLING PRICES OF KEY PLAYERS FOR APPLICATIONS (USD/KG)

TABLE 6 AVERAGE SELLING PRICES OF KEY PLAYERS, BY APPLICATION (USD/KG)

5.7 AVERAGE SELLING PRICES, BY END-USE INDUSTRY

FIGURE 18 AVERAGE SELLING PRICES OF END-USE INDUSTRIES (USD/KG)

5.8 AVERAGE SELLING PRICES, BY RAW MATERIAL TYPE

FIGURE 19 AVERAGE SELLING PRICES BASED ON RAW MATERIAL TYPES (USD/KG)

5.9 AVERAGE SELLING PRICE

TABLE 7 CARBON FIBER AVERAGE SELLING PRICE, BY REGION

5.10 OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS

TABLE 8 CAGR (BY VALUE) UNDER OPTIMISTIC, PESSIMISTIC, AND REALISTIC SCENARIOS

5.10.1 OPTIMISTIC SCENARIO

5.10.2 PESSIMISTIC SCENARIO

5.10.3 REALISTIC SCENARIO

5.11 KEY STAKEHOLDERS & BUYING CRITERIA

5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS

FIGURE 20 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS

TABLE 9 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS

5.11.2 BUYING CRITERIA

FIGURE 21 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS

TABLE 10 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS

5.12 TECHNOLOGY ANALYSIS

5.13 KEY CONFERENCES & EVENTS IN 2022-2023

TABLE 11 DETAILED LIST OF CONFERENCES & EVENTS RELATED TO CARBON FIBER AND RELATED MARKETS

5.14 TRADE POLICIES AND TARIFF REGULATIONS FOR EXPORT/IMPORT

5.14.1 US

5.14.2 JAPAN

5.14.3 EUROPE

5.14.4 CHINA

5.15 ECOSYSTEM OF CARBON FIBER MARKET

5.16 VALUE CHAIN ANALYSIS

FIGURE 22 VALUE CHAIN ANALYSIS

5.16.1 RAW MATERIAL SELECTION

5.17 KEY MARKETS FOR IMPORTS/EXPORTS

5.17.1 JAPAN

5.17.2 US

5.17.3 GERMANY

5.17.4 UK

5.17.5 FRANCE

5.17.6 CHINA

5.18 CASE STUDY ANALYSIS

5.19 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS

5.20 PATENT ANALYSIS

5.20.1 INTRODUCTION

5.20.2 METHODOLOGY

5.20.3 DOCUMENT TYPE

TABLE 12 PITCH-BASED CARBON FIBER MARKET: GLOBAL PATENTS

FIGURE 23 PATENTS REGISTERED FOR PITCH-BASED CARBON FIBER, 2011–2021

FIGURE 24 GLOBAL PATENT PUBLICATION TREND ANALYSIS: LAST TEN YEARS

5.20.4 INSIGHTS

5.20.5 JURISDICTION ANALYSIS

FIGURE 25 GLOBAL JURISDICTION ANALYSIS

5.20.6 TOP APPLICANTS’ ANALYSIS

FIGURE 26 TEIJIN LTD. REGISTERED HIGHEST NUMBER OF PATENTS FROM 2011 TO 2021

TABLE 13 LIST OF PATENTS BY TEIJIN LTD.

TABLE 14 LIST OF PATENTS BY HONEYWELL INC.

ABLE 15 LIST OF PATENTS BY HUNAN DONGYING CARBON MATERIAL TECH CO. LTD.

TABLE 16 LIST OF PATENTS BY OCI CO. LTD.

5.20.7 TOP 10 PATENT OWNERS (US) DURING LAST 11 YEARS

6 CARBON FIBER MARKET, BY RAW MATERIAL (Page No. - 91)

6.1 INTRODUCTION

FIGURE 27 PAN-BASED CARBON FIBER MARKET TO REGISTER HIGHER GROWTH RATE

TABLE 17 CARBON FIBERS MARKET SIZE, BY RAW MATERIAL, 2018–2021 (USD MILLION)

TABLE 18 CARBON FIBER MARKET SIZE, BY RAW MATERIAL, 2018–2021 (KILOTON)

TABLE 19 CARBON FIBERS MARKET SIZE, BY RAW MATERIAL, 2022–2032 (USD MILLION)

TABLE 20 CARBON FIBER MARKET SIZE, BY RAW MATERIAL, 2022–2032 (KILOTON)

6.2 PAN-BASED CARBON FIBER

6.2.1 EXTENSIVE DEMAND FOR STRUCTURAL MATERIAL COMPOSITES TO DRIVE MARKET

TABLE 21 PAN-BASED CARBON FIBER MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)

TABLE 22 PAN-BASED CARBON FIBERS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON)

TABLE 23 PAN-BASED CARBON FIBER MARKET SIZE, BY APPLICATION, 2022–2032 (USD MILLION)

TABLE 24 PAN-BASED CARBON FIBERS MARKET SIZE, BY APPLICATION, 2022–2032 (KILOTON)

TABLE 25 PAN-BASED CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 26 PAN-BASED CARBON FIBERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 27 PAN-BASED CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 28 PAN-BASED CARBON FIBERS MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

6.2.2 PAN-BASED CARBON FIBER MARKET SIZE, BY REGION

TABLE 29 PAN-BASED CARBON FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)

TABLE 30 PAN-BASED CARBON FIBERS MARKET SIZE, BY REGION, 2018–2021 (KILOTON)

TABLE 31 PAN-BASED CARBON FIBER MARKET SIZE, BY REGION, 2022–2032 (USD MILLION)

TABLE 32 PAN-BASED CARBON FIBERS MARKET SIZE, BY REGION, 2022–2032 (KILOTON)

6.3 PITCH-BASED CARBON FIBER

6.3.1 WIDE USAGE IN SATELLITES, INDUSTRIAL, CIVIL ENGINEERING, AND SPORTS GOODS TO DRIVE MARKET

6.3.2 PETROLEUM-BASED PITCH CARBON FIBER

6.3.3 COAL-BASED PITCH CARBON FIBER

TABLE 33 PITCH-BASED CARBON FIBER MARKET SIZE, BY SOURCE, 2018–2021 (USD MILLION)

TABLE 34 PITCH-BASED CARBON FIBERS MARKET SIZE, BY SOURCE, 2018–2021 (KILOTON)

TABLE 35 PITCH-BASED CARBON FIBER MARKET SIZE, BY SOURCE, 2022–2032 (USD MILLION)

TABLE 36 PITCH-BASED CARBON FIBERS MARKET SIZE, BY SOURCE, 2022–2032 (KILOTON)

TABLE 37 PITCH-BASED CARBON FIBER MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)

TABLE 38 PITCH-BASED CARBON FIBERS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON)

TABLE 39 PITCH-BASED CARBON FIBER MARKET SIZE, BY APPLICATION, 2022–2032 (USD MILLION)

TABLE 40 PITCH-BASED CARBON FIBERS MARKET SIZE, BY APPLICATION, 2022–2032 (KILOTON)

TABLE 41 PITCH-BASED CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 42 PITCH-BASED CARBON FIBERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 43 PITCH-BASED CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 44 PITCH-BASED CARBON FIBERS MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

TABLE 45 COAL-BASED PITCH CARBON FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)

TABLE 46 COAL-BASED PITCH CARBON FIBERS MARKET SIZE, BY REGION, 2018–2021 (KILOTON)

TABLE 47 COAL-BASED PITCH CARBON FIBER MARKET SIZE, BY REGION, 2022–2032 (USD MILLION)

TABLE 48 COAL-BASED PITCH CARBON FIBERS MARKET SIZE, BY REGION, 2022–2032 (KILOTON)

TABLE 49 PETROLEUM-BASED PITCH CARBON FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)

TABLE 50 PETROLEUM-BASED PITCH CARBON FIBERS MARKET SIZE, BY REGION, 2018–2021 (KILOTON)

TABLE 51 PETROLEUM-BASED PITCH CARBON FIBER MARKET SIZE, BY REGION, 2022–2032 (USD MILLION)

TABLE 52 PETROLEUM-BASED PITCH CARBON FIBERS MARKET SIZE, BY REGION, 2022–2032 (KILOTON)

7 CARBON FIBER MARKET, BY FIBER TYPE (Page No. - 107)

7.1 INTRODUCTION

7.2 VIRGIN CARBON FIBER

7.2.1 HIGH LONG-TERM PERFORMANCE IN TERMS OF FATIGUE AND ENVIRONMENTAL EFFECTS TO DRIVE MARKET

7.3 RECYCLED CARBON FIBER

7.3.1 LOWER COST TO DRIVE MARKET

FIGURE 28 VIRGIN SEGMENT TO DOMINATE CARBON FIBER MARKET DURING FORECAST PERIOD

TABLE 53 CARBON FIBERS MARKET SIZE, BY FIBER TYPE, 2018–2021 (USD MILLION)

TABLE 54 CARBON FIBER MARKET SIZE, BY FIBER TYPE, 2018–2021 (KILOTON)

TABLE 55 CARBON FIBERS MARKET SIZE, BY FIBER TYPE, 2022–2032 (USD MILLION)

TABLE 56 CARBON FIBER MARKET SIZE, BY FIBER TYPE, 2022–2032 (KILOTON)

8 CARBON FIBER MARKET, BY MODULUS (Page No. - 111)

8.1 INTRODUCTION

8.2 STANDARD MODULUS

8.2.1 USAGE ACROSS INDUSTRIES TO DRIVE MARKET

8.3 INTERMEDIATE MODULUS

8.3.1 DEMAND IN PRESSURE VESSELS, WIND TURBINE BLADES, AND AEROSPACE TO DRIVE MARKET

8.4 HIGH MODULUS

8.4.1 DEMAND FOR AEROSPACE APPLICATIONS TO DRIVE THE MARKET

FIGURE 29 STANDARD MODULUS SEGMENT TO LEAD CARBON FIBER MARKET DURING FORECAST PERIOD

TABLE 57 CARBON FIBERS MARKET SIZE, BY MODULUS, 2018–2021 (USD MILLION)

TABLE 58 CARBON FIBER MARKET SIZE, BY MODULUS, 2018–2021 (KILOTON)

TABLE 59 CARBON FIBERS MARKET SIZE, BY MODULUS, 2022–2032 (USD MILLION)

TABLE 60 CARBON FIBER MARKET SIZE, BY MODULUS, 2022–2032 (KILOTON)

9 CARBON FIBER MARKET, BY PRODUCT TYPE (Page No. - 115)

9.1 INTRODUCTION

FIGURE 30 CONTINUOUS CARBON FIBER SEGMENT TO DOMINATE MARKET

TABLE 61 CARBON FIBER MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (USD MILLION)

TABLE 62 CARBON FIBERS MARKET SIZE, BY PRODUCT TYPE, 2018–2021 (KILOTON)

TABLE 63 CARBON FIBER MARKET SIZE, BY PRODUCT TYPE, 2022–2032 (USD MILLION)

TABLE 64 CARBON FIBERS MARKET SIZE, BY PRODUCT TYPE, 2022–2032 (KILOTON)

9.2 CONTINUOUS CARBON FIBER

9.2.1 DEMAND FOR HIGHER TENSILE STRENGTH TO DRIVE MARKET

FIGURE 31 EUROPE TO BE LARGEST MARKET FOR CONTINUOUS CARBON FIBER SEGMENT

TABLE 65 CONTINUOUS CARBON FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)

TABLE 66 CONTINUOUS CARBON FIBERS MARKET SIZE, BY REGION, 2018–2021 (KILOTON)

TABLE 67 CONTINUOUS CARBON FIBER MARKET SIZE, BY REGION, 2022–2032 (USD MILLION)

TABLE 68 CONTINUOUS CARBON FIBERS MARKET SIZE, BY REGION, 2022–2032 (KILOTON)

9.3 LONG CARBON FIBER

9.3.1 DEMAND FOR SPORTS GOODS TO DRIVE THE MARKET

TABLE 69 LONG CARBON FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)

TABLE 70 LONG CARBON FIBERS MARKET SIZE, BY REGION, 2018–2021 (KILOTON)

TABLE 71 LONG CARBON FIBER MARKET SIZE, BY REGION, 2022–2032 (USD MILLION)

TABLE 72 LONG CARBON FIBERS MARKET SIZE, BY REGION, 2022–2032 (KILOTON)

9.4 SHORT CARBON FIBER

9.4.1 DEMAND FOR INJECTION MOLDING TO DRIVE MARKET

TABLE 73 SHORT CARBON FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)

TABLE 74 SHORT CARBON FIBERS MARKET SIZE, BY REGION, 2018–2021 (KILOTON)

TABLE 75 SHORT CARBON FIBER MARKET SIZE, BY REGION, 2022–2032 (USD MILLION)

TABLE 76 SHORT CARBON FIBERS MARKET SIZE, BY REGION, 2022–2032 (KILOTON)

10 CARBON FIBER MARKET, BY APPLICATION (Page No. - 124)

10.1 INTRODUCTION

FIGURE 32 COMPOSITES TO BE LARGER APPLICATION OF CARBON FIBER

TABLE 77 CARBON FIBER MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)

TABLE 78 CARBON FIBERS MARKET SIZE, BY APPLICATION, 2018–2021 (KILOTON)

TABLE 79 CARBON FIBER MARKET SIZE, BY APPLICATION, 2022–2032 (USD MILLION)

TABLE 80 CARBON FIBERS MARKET SIZE, BY APPLICATION, 2022–2032 (KILOTON)

10.2 COMPOSITES

10.2.1 EXCELLENT STRENGTH, RIGIDITY, AND SUPERIOR TENSILE STRENGTH TO DRIVE MARKET

10.2.2 PREPREG

10.2.3 MOLDING COMPOUNDS

10.2.4 WOVEN FABRIC

TABLE 81 COMPOSITES: CARBON FIBER MARKET, BY RAW MATERIAL TYPE, 2018–2021 (USD MILLION)

TABLE 82 COMPOSITES: CARBON FIBERS MARKET, BY RAW MATERIAL TYPE, 2018–2021 (KILOTON)

TABLE 83 COMPOSITES: CARBON FIBER MARKET, BY RAW MATERIAL TYPE, 2022–2032 (USD MILLION)

TABLE 84 COMPOSITES: CARBON FIBERS MARKET, BY RAW MATERIAL TYPE, 2022–2032 (KILOTON)

TABLE 85 COMPOSITES: CARBON FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)

TABLE 86 COMPOSITES: CARBON FIBERS MARKET SIZE, BY REGION, 2018–2021 (KILOTON)

TABLE 87 COMPOSITES: CARBON FIBER MARKET SIZE, BY REGION, 2022–2032 (USD MILLION)

TABLE 88 COMPOSITES: CARBON FIBERS MARKET SIZE, BY REGION, 2022–2032 (KILOTON)

10.3 NON-COMPOSITES

10.3.1 DEMAND FOR ELECTRIC VEHICLES AND 3D PRINTING TO DRIVE MARKET

TABLE 89 NON-COMPOSITES: CARBON FIBER MARKET, BY RAW MATERIAL TYPE, 2018–2021 (USD MILLION)

TABLE 90 NON-COMPOSITES: CARBON FIBERS MARKET, BY RAW MATERIAL TYPE, 2018–2021 (KILOTON)

TABLE 91 NON-COMPOSITES: CARBON FIBER MARKET, BY RAW MATERIAL TYPE, 2022–2032 (USD MILLION)

TABLE 92 NON-COMPOSITES: CARBON FIBERS MARKET, BY RAW MATERIAL TYPE, 2022–2032 (KILOTON)

TABLE 93 NON-COMPOSITES: CARBON FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)

TABLE 94 NON-COMPOSITES: CARBON FIBERS MARKET SIZE, BY REGION, 2018–2021 (KILOTON)

TABLE 95 NON-COMPOSITES: CARBON FIBER MARKET SIZE, BY REGION, 2022–2032 (USD MILLION)

TABLE 96 NON-COMPOSITES: CARBON FIBERS MARKET SIZE, BY REGION, 2022–2032 (KILOTON)

11 CARBON FIBER MARKET, BY END-USE INDUSTRY (Page No. - 133)

11.1 INTRODUCTION

FIGURE 33 CARBON FIBER MARKET TO WITNESS HIGHEST GROWTH IN PIPE & TANK INDUSTRY BETWEEN 2022 AND 2027

TABLE 97 CARBON FIBERS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 98 CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 99 CARBON FIBERS MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 100 CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

11.2 AEROSPACE & DEFENSE

11.2.1 LOWER SUSCEPTIBILITY TO FATIGUE AND CORROSION TO DRIVE MARKET

TABLE 101 NUMBER OF NEW COMMERCIAL AIRPLANE DELIVERIES, BY REGION (2019–2038)

FIGURE 34 EUROPE TO DRIVE CARBON FIBER MARKET IN AEROSPACE & DEFENSE INDUSTRY

TABLE 102 CARBON FIBERS MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION, 2018–2021 (USD MILLION)

TABLE 103 CARBON FIBER MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION, 2018–2021 (KILOTON)

TABLE 104 CARBON FIBERS MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION, 2022–2032 (USD MILLION)

TABLE 105 CARBON FIBER MARKET SIZE IN AEROSPACE & DEFENSE, BY REGION, 2022–2032 (KILOTON)

11.3 WIND ENERGY

11.3.1 HIGH STIFFNESS AND STRENGTH AND WEIGHT REDUCTION TO DRIVE MARKET

FIGURE 35 ASIA PACIFIC FASTEST-GROWING MARKET IN WIND ENERGY INDUSTRY

TABLE 106 CARBON FIBER MARKET SIZE IN WIND ENERGY, BY REGION, 2018–2021 (USD MILLION)

TABLE 107 CARBON FIBERS MARKET SIZE IN WIND ENERGY, BY REGION, 2018–2021 (KILOTON)

TABLE 108 CARBON FIBER MARKET SIZE IN WIND ENERGY, BY REGION, 2022–2032 (USD MILLION)

TABLE 109 CARBON FIBERS MARKET SIZE IN WIND ENERGY, BY REGION, 2022–2032 (KILOTON)

11.4 AUTOMOTIVE

11.4.1 WEIGHT REDUCTION AND INCREASING EFFICIENCY TO DRIVE MARKET

TABLE 110 COST BENEFITS OF CARBON FIBER COMPOSITE COMPONENTS VS. STEEL COMPONENTS

11.4.2 INTERIOR COMPONENTS

11.4.3 EXTERIOR COMPONENTS

FIGURE 36 EUROPE TO LEAD CARBON FIBER MARKET IN AUTOMOTIVE INDUSTRY

TABLE 111 CARBON FIBERS MARKET SIZE IN AUTOMOTIVE, BY REGION, 2018–2021 (USD MILLION)

TABLE 112 CARBON FIBER MARKET SIZE IN AUTOMOTIVE, BY REGION, 2018–2021 (KILOTON)

TABLE 113 CARBON FIBERS MARKET SIZE IN AUTOMOTIVE, BY REGION, 2022–2032 (USD MILLION)

TABLE 114 CARBON FIBER MARKET SIZE IN AUTOMOTIVE, BY REGION, 2022–2032 (KILOTON)

11.5 PIPE & TANK

11.5.1 ANTI-CORROSION AND LIGHTWEIGHT PROPERTIES TO DRIVE MARKET

FIGURE 37 NORTH AMERICA TO DOMINATE CARBON FIBER MARKET IN PIPE & TANK INDUSTRY

TABLE 115 CARBON FIBERS MARKET SIZE IN PIPE & TANK, BY REGION, 2018–2021 (USD MILLION)

TABLE 116 CARBON FIBER MARKET SIZE IN PIPE & TANK, BY REGION, 2018–2021 (KILOTON)

TABLE 117 CARBON FIBERS MARKET SIZE IN PIPE & TANK, BY REGION, 2022–2032 (USD MILLION)

TABLE 118 CARBON FIBER MARKET SIZE IN PIPE & TANK, BY REGION, 2022–2032 (KILOTON)

11.6 SPORTS GOODS

11.6.1 GOOD DESIGN FLEXIBILITY, EASY PROCESSING, AND FORMING CHARACTERISTICS TO DRIVE MARKET

FIGURE 38 ASIA PACIFIC TO DOMINATE CARBON FIBER MARKET IN SPORTS GOODS INDUSTRY

TABLE 119 CARBON FIBERS MARKET SIZE IN SPORTS GOODS, BY REGION, 2018–2021 (USD MILLION)

TABLE 120 CARBON FIBER MARKET SIZE IN SPORTS GOODS, BY REGION, 2018–2021 (KILOTON)

TABLE 121 CARBON FIBERS MARKET SIZE IN SPORTS GOODS, BY REGION, 2022–2032 (USD MILLION)

TABLE 122 CARBON FIBER MARKET SIZE IN SPORTS GOODS, BY REGION, 2022–2032 (KILOTON)

11.7 CIVIL ENGINEERING

11.7.1 DEMAND FOR STRENGTHENING STRUCTURES TO DRIVE MARKET

FIGURE 39 NORTH AMERICA TO LEAD CARBON FIBER MARKET IN CIVIL ENGINEERING INDUSTRY

TABLE 123 CARBON FIBERS MARKET SIZE IN CIVIL ENGINEERING, BY REGION, 2018–2021 (USD MILLION)

TABLE 124 CARBON FIBER MARKET SIZE IN CIVIL ENGINEERING, BY REGION, 2018–2021 (KILOTON)

TABLE 125 CARBON FIBERS MARKET SIZE IN CIVIL ENGINEERING, BY REGION, 2022–2032 (USD MILLION)

TABLE 126 CARBON FIBER MARKET SIZE IN CIVIL ENGINEERING, BY REGION, 2022–2032 (KILOTON)

11.8 ELECTRICAL & ELECTRONICS

11.8.1 SUPERIOR MECHANICAL PROPERTIES TO DRIVE MARKET

FIGURE 40 ASIA PACIFIC TO LEAD CARBON FIBER MARKET IN ELECTRICAL & ELECTRONICS INDUSTRY

TABLE 127 CARBON FIBERS MARKET SIZE IN ELECTRICAL & ELECTRONICS, BY REGION, 2018–2021 (USD MILLION)

TABLE 128 CARBON FIBER MARKET SIZE IN ELECTRICAL & ELECTRONICS, BY REGION, 2018–2021 (KILOTON)

TABLE 129 CARBON FIBERS MARKET SIZE IN ELECTRICAL & ELECTRONICS, BY REGION, 2022–2032 (USD MILLION)

TABLE 130 CARBON FIBER MARKET SIZE IN ELECTRICAL & ELECTRONICS, BY REGION, 2022–2032 (KILOTON)

11.9 MARINE

11.9.1 SUSTENANCE UNDER EXTREME ENVIRONMENTAL CONDITIONS TO DRIVE MARKET

FIGURE 41 NORTH AMERICA TO LEAD CARBON FIBER MARKET IN MARINE INDUSTRY

TABLE 131 CARBON FIBER MARKET SIZE IN MARINE, BY REGION, 2018–2021 (USD MILLION)

TABLE 132 CARBON FIBERS MARKET SIZE IN MARINE, BY REGION, 2018–2021 (KILOTON)

TABLE 133 CARBON FIBER MARKET SIZE IN MARINE, BY REGION, 2022–2032 (USD MILLION)

TABLE 134 CARBON FIBERS MARKET SIZE IN MARINE, BY REGION, 2022–2032 (KILOTON)

11.10 OTHER END-USE INDUSTRIES

11.10.1 MEDICAL

11.10.2 OIL & GAS

11.10.3 3D PRINTING

11.10.4 HIGH-SPEED & METRO TRAINS

11.10.5 ELECTRODES FOR BATTERIES

11.10.6 CATALYSIS

11.10.7 INDUSTRIAL EQUIPMENT

11.10.8 CHEMICAL

11.10.9 THERMAL MANAGEMENT

FIGURE 42 EUROPE TO LEAD CARBON FIBER MARKET IN OTHER END-USE INDUSTRIES

11.10.9.1 Carbon fiber market size in other end-use industries, by region

TABLE 135 CARBON FIBER MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2018–2021 (USD MILLION)

TABLE 136 CARBON FIBERS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2018–2021 (KILOTON)

TABLE 137 CARBON FIBER MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2022–2032 (USD MILLION)

TABLE 138 CARBON FIBERS MARKET SIZE IN OTHER END-USE INDUSTRIES, BY REGION, 2022–2032 (KILOTON)

12 CARBON FIBER MARKET, BY REGION (Page No. - 161)

12.1 INTRODUCTION

TABLE 139 CARBON FIBER MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)

TABLE 140 CARBON FIBERS MARKET SIZE, BY REGION, 2018–2021 (KILOTON)

TABLE 141 CARBON FIBER MARKET SIZE, BY REGION, 2022–2032 (USD MILLION)

TABLE 142 CARBON FIBERS MARKET SIZE, BY REGION, 2022–2032 (KILOTON)

12.2 EUROPE

FIGURE 44 EUROPE: CARBON FIBER MARKET SNAPSHOT

12.2.1 EUROPE: CARBON FIBER MARKET, BY END-USE INDUSTRY

TABLE 143 EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 144 EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 145 EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 146 EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.2.2 EUROPE: CARBON FIBER MARKET, BY COUNTRY

TABLE 147 EUROPE: MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION)

TABLE 148 EUROPE: MARKET SIZE, BY COUNTRY, 2018–2021 (KILOTON)

TABLE 149 EUROPE: MARKET SIZE, BY COUNTRY, 2022–2032 (USD MILLION)

TABLE 150 EUROPE: MARKET SIZE, BY COUNTRY, 2022–2032 (KILOTON)

12.2.2.1 Germany

12.2.2.1.1 Aerospace and automotive industries to drive market

TABLE 151 GERMANY: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 152 GERMANY: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 153 GERMANY: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 154 GERMANY: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.2.2.2 France

12.2.2.2.1 Major aircraft manufacturers to drive market

TABLE 155 FRANCE: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 156 FRANCE: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 157 FRANCE: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 158 FRANCE: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.2.2.3 UK

12.2.2.3.1 Automotive sector to drive market

TABLE 159 UK: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 160 UK: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 161 UK: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 162 UK: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.2.2.4 Italy

12.2.2.4.1 Growth of end-use industries to drive market

TABLE 163 ITALY: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 164 ITALY: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 165 ITALY: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 166 ITALY: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.2.2.5 Spain

12.2.2.5.1 Demand from aerospace industry to drive market

TABLE 167 SPAIN: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 168 SPAIN: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 169 SPAIN: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 170 SPAIN: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.2.2.6 Rest of Europe

TABLE 171 REST OF EUROPE: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 172 REST OF EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 173 REST OF EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 174 REST OF EUROPE: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.3 NORTH AMERICA

FIGURE 45 NORTH AMERICA: CARBON FIBER MARKET SNAPSHOT

12.3.1 NORTH AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY

TABLE 175 NORTH AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 176 NORTH AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 177 NORTH AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 178 NORTH AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.3.2 NORTH AMERICA: CARBON FIBER MARKET, BY COUNTRY

TABLE 179 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION)

TABLE 180 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2018–2021 (KILOTON)

TABLE 181 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2022–2032 (USD MILLION)

TABLE 182 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2022–2032 (KILOTON)

12.3.2.1 US

12.3.2.1.1 Established industries to drive market

TABLE 183 US: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 184 US: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 185 US: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 186 US: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.3.2.2 Canada

12.3.2.2.1 Major integrators to drive market

TABLE 187 CANADA: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 188 CANADA: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 189 CANADA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 190 CANADA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.4 ASIA PACIFIC

FIGURE 46 ASIA PACIFIC: CARBON FIBER MARKET SNAPSHOT

12.4.1 ASIA PACIFIC: CARBON FIBER MARKET, BY END-USE INDUSTRY

TABLE 191 ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 192 ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 193 ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 194 ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.4.2 ASIA PACIFIC: CARBON FIBER MARKET, BY COUNTRY

TABLE 195 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION)

TABLE 196 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2018–2021 (KILOTON)

TABLE 197 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2022–2032 (USD MILLION)

TABLE 198 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2022–2032 (KILOTON)

12.4.2.1 Japan

12.4.2.1.1 Leading manufacturers to drive market

TABLE 199 JAPAN: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 200 JAPAN: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 201 JAPAN: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 202 JAPAN: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.4.2.2 China

12.4.2.2.1 Sports goods and wind energy industries to drive market

TABLE 203 CHINA: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 204 CHINA: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 205 CHINA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 206 CHINA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.4.2.3 Taiwan

12.4.2.3.1 Growing electrical & electronics industry to drive market

TABLE 207 TAIWAN: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 208 TAIWAN: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 209 TAIWAN: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 210 TAIWAN: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.4.2.4 South Korea

12.4.2.4.1 Significantly growing automotive industry to drive market

TABLE 211 SOUTH KOREA: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 212 SOUTH KOREA: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 213 SOUTH KOREA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 214 SOUTH KOREA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.4.2.5 Rest of Asia Pacific

TABLE 215 REST OF ASIA PACIFIC: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 216 REST OF ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 217 REST OF ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 218 REST OF ASIA PACIFIC: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.5 MIDDLE EAST & AFRICA

12.5.1 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY END-USE INDUSTRY

TABLE 219 MIDDLE EAST & AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 220 MIDDLE EAST & AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 221 MIDDLE EAST & AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 222 MIDDLE EAST & AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.5.2 MIDDLE EAST & AFRICA: CARBON FIBER MARKET, BY COUNTRY

TABLE 223 MIDDLE EAST & AFRICA: MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION)

TABLE 224 MIDDLE EAST & AFRICA: MARKET SIZE, BY COUNTRY, 2018–2021 (KILOTON)

TABLE 225 MIDDLE EAST & AFRICA: MARKET SIZE, BY COUNTRY, 2022–2032 (USD MILLION)

TABLE 226 MIDDLE EAST & AFRICA: MARKET SIZE, BY COUNTRY, 2022–2032 (KILOTON)

12.5.2.1 South Africa

12.5.2.1.1 Growing economy to drive market

TABLE 227 SOUTH AFRICA: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 228 SOUTH AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 229 SOUTH AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 230 SOUTH AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.5.2.2 Saudi Arabia

12.5.2.2.1 Pipe & tank and civil engineering industries to drive market

TABLE 231 SAUDI ARABIA: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 232 SAUDI ARABIA: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 233 SAUDI ARABIA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 234 SAUDI ARABIA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.5.2.3 UAE

12.5.2.3.1 Significant investments to drive market

TABLE 235 UAE: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 236 UAE: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 237 UAE: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 238 UAE: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.5.2.4 Rest of Middle East & Africa

TABLE 239 REST OF MIDDLE EAST & AFRICA: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 240 REST OF MIDDLE EAST & AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 241 REST OF MIDDLE EAST & AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 242 REST OF MIDDLE EAST & AFRICA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.6 LATIN AMERICA

12.6.1 LATIN AMERICA: CARBON FIBER MARKET, BY END-USE INDUSTRY

TABLE 243 LATIN AMERICA: TOTAL CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 244 LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 245 LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 246 LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.6.2 LATIN AMERICA: PAN-BASED MARKET, BY COUNTRY

TABLE 247 LATIN AMERICA: PAN-BASED MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION)

TABLE 248 LATIN AMERICA: PAN-BASED MARKET SIZE, BY COUNTRY, 2018–2021 (KILOTON)

TABLE 249 LATIN AMERICA: PAN-BASED MARKET SIZE, BY COUNTRY, 2022–2032 (USD MILLION)

TABLE 250 LATIN AMERICA: PAN-BASED MARKET SIZE, BY COUNTRY, 2022–2032 (KILOTON)

12.6.3 LATIN AMERICA: PITCH-BASED CARBON FIBER MARKET, BY COUNTRY

TABLE 251 LATIN AMERICA: PITCH-BASED MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION)

TABLE 252 LATIN AMERICA: PITCH-BASED MARKET SIZE, BY COUNTRY, 2018–2021 (KILOTON)

TABLE 253 LATIN AMERICA: PITCH-BASED MARKET SIZE, BY COUNTRY, 2022–2032 (USD MILLION)

TABLE 254 LATIN AMERICA: PITCH-BASED MARKET SIZE, BY COUNTRY, 2022–2032 (KILOTON)

12.6.4 LATIN AMERICA: CARBON FIBER MARKET, BY COUNTRY

TABLE 255 LATIN AMERICA: MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION)

TABLE 256 LATIN AMERICA: MARKET SIZE, BY COUNTRY, 2018–2021 (KILOTON)

TABLE 257 LATIN AMERICA: MARKET SIZE, BY COUNTRY, 2022–2032 (USD MILLION)

TABLE 258 LATIN AMERICA: MARKET SIZE, BY COUNTRY, 2022–2032 (KILOTON)

12.6.4.1 Brazil

12.6.4.1.1 Aerospace & defense and wind energy industries to drive market

TABLE 259 BRAZIL: NEW WIND ENERGY CAPACITY INSTALLATIONS, 2010–2020 (MW)

TABLE 260 BRAZIL: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 261 BRAZIL: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 262 BRAZIL: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 263 BRAZIL: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.6.4.2 Mexico

12.6.4.2.1 Opportunities in various end-use industries to drive market

TABLE 264 MEXICO: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 265 MEXICO: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 266 MEXICO: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 267 MEXICO: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

12.6.4.3 Rest of Latin America

TABLE 268 REST OF LATIN AMERICA: CARBON FIBER MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

TABLE 269 REST OF LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (KILOTON)

TABLE 270 REST OF LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (USD MILLION)

TABLE 271 REST OF LATIN AMERICA: MARKET SIZE, BY END-USE INDUSTRY, 2022–2032 (KILOTON)

13 COMPETITIVE LANDSCAPE (Page No. - 242)

13.1 INTRODUCTION

13.2 MARKET SHARE ANALYSIS

FIGURE 47 SHARE OF TOP COMPANIES IN CARBON FIBER MARKET

TABLE 272 DEGREE OF COMPETITION

13.3 MARKET RANKING

FIGURE 48 RANKING OF TOP FIVE PLAYERS IN CARBON FIBER MARKET

13.4 REVENUE ANALYSIS OF TOP MARKET PLAYERS

FIGURE 49 REVENUE ANALYSIS

13.5 COMPANY EVALUATION MATRIX

TABLE 273 COMPANY PRODUCT FOOTPRINT

TABLE 274 COMPANY END-USE INDUSTRY FOOTPRINT

TABLE 275 COMPANY REGION FOOTPRINT

13.6 COMPETITIVE LANDSCAPE MAPPING

13.6.1 STARS

13.6.2 PERVASIVE PLAYERS

13.6.3 PARTICIPANTS

13.6.4 EMERGING LEADERS

FIGURE 50 COMPETITIVE LEADERSHIP MAPPING, 2021

13.6.5 STRENGTH OF PRODUCT PORTFOLIO

FIGURE 51 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN CARBON FIBER MARKET

13.6.6 BUSINESS STRATEGY EXCELLENCE

FIGURE 52 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN CARBON FIBER MARKET

13.7 MARKET EVALUATION FRAMEWORK

TABLE 276 PRODUCT LAUNCHES/DEVELOPMENTS, 2015–022

TABLE 277 DEALS, 2015-2022

TABLE 278 OTHER DEVELOPMENTS, 2015-2022

13.8 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES

TABLE 279 KEY STARTUPS/SMES

TABLE 280 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES

13.9 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX

13.9.1 PROGRESSIVE COMPANIES

13.9.2 RESPONSIVE COMPANIES

13.9.3 DYNAMIC COMPANIES

13.9.4 STARTING BLOCKS

FIGURE 53 SMALL AND MEDIUM-SIZED ENTERPRISES MAPPING, 2021

14 COMPANY PROFILES (Page No. - 278)

(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*

14.1 KEY COMPANIES

14.1.1 TORAY INDUSTRIES INC.

TABLE 281 TORAY: COMPANY OVERVIEW

FIGURE 54 TORAY INDUSTRIES INC.: COMPANY SNAPSHOT

14.1.2 DOWAKSA

TABLE 282 DOWAKSA: COMPANY OVERVIEW

14.1.3 MITSUBISHI CHEMICAL CORPORATION

TABLE 283 MITSUBISHI CHEMICAL CORPORATION: COMPANY OVERVIEW

FIGURE 55 MITSUBISHI CHEMICAL CORPORATION: COMPANY SNAPSHOT

14.1.4 SOLVAY

TABLE 284 SOLVAY: COMPANY OVERVIEW

FIGURE 56 SOLVAY: COMPANY SNAPSHOT

14.1.5 TEIJIN LIMITED

TABLE 285 TEIJIN LIMITED: COMPANY OVERVIEW

FIGURE 57 TEIJIN LIMITED: COMPANY SNAPSHOT

14.1.6 SGL CARBON

TABLE 286 SGL CARBON: COMPANY OVERVIEW

FIGURE 58 SGL CARBON: COMPANY SNAPSHOT

14.1.7 HEXCEL CORPORATION

TABLE 287 HEXCEL CORPORATION: COMPANY OVERVIEW

FIGURE 59 HEXCEL CORPORATION: COMPANY SNAPSHOT

14.1.8 HYOSUNG ADVANCED MATERIALS

TABLE 288 HYOSUNG ADVANCED MATERIALS: COMPANY OVERVIEW

FIGURE 60 HYOSUNG ADVANCED MATERIALS: COMPANY SNAPSHOT

14.1.9 ZHONGFU SHENYING CARBON FIBER CO., LTD.

TABLE 289 ZHONGFU SHENYING CARBON FIBER CO., LTD.: BUSINESS OVERVIEW

FIGURE 61 ZHONGFU SHENYING CARBON FIBER CO., LTD.: COMPANY SNAPSHOT

14.1.10 FORMOSA PLASTICS CORPORATION

TABLE 290 FORMOSA PLASTICS CORPORATION: COMPANY OVERVIEW

FIGURE 62 FORMOSA PLASTICS CORPORATION: COMPANY SNAPSHOT

14.1.11 JIANGSU HENGSHEN CO., LTD.

TABLE 291 JIANGSU HENGSHEN CO., LTD.: COMPANY OVERVIEW

14.1.12 JILIN CHEMICAL FIBER GROUP CO., LTD.

TABLE 292 JILIN CHEMICAL FIBER GROUP CO., LTD.: COMPANY OVERVIEW

FIGURE 63 JILIN CHEMICAL FIBER GROUP CO., LTD.: COMPANY SNAPSHOT

14.1.13 ANSHAN SENODA CARBON FIBER CO., LTD.

TABLE 293 ANSHAN SENODA CARBON FIBER CO., LTD.: BUSINESS OVERVIEW

14.1.14 CHINA NATIONAL BLUESTAR (GROUP) CO., LTD.

TABLE 294 CHINA NATIONAL BLUESTAR (GROUP) CO., LTD.: COMPANY OVERVIEW

14.2 OTHER COMPANIES

14.2.1 WEIHAI GUANGWEI COMPOSITES MATERIALS CO., LTD.

TABLE 295 WEIHAI GUANGWEI COMPOSITES MATERIALS CO., LTD.: COMPANY OVERVIEW

14.2.2 UMATEX GROUP

TABLE 296 UMATEX GROUP: COMPANY OVERVIEW

14.2.3 TAEKWANG INDUSTRIAL CO., LTD.

TABLE 297 TAEKWANG INDUSTRIAL CO., LTD.: COMPANY OVERVIEW

14.2.4 JILIN QIFENG CHEMICAL FIBER CO., LTD.

TABLE 298 JILIN QIFENG CHEMICAL FIBER CO., LTD.: COMPANY OVERVIEW

14.2.5 GEN 2 CARBON

TABLE 299 GEN 2 CARBON: COMPANY OVERVIEW

14.2.6 DALIAN XINGKE CARBON FIBER CO., LTD.

TABLE 300 DALIAN XINGKE CARBON FIBER CO., LTD.: COMPANY OVERVIEW

14.2.7 NIPPON GRAPHITE FIBER CORPORATION

TABLE 301 NIPPON GRAPHITE FIBER CORPORATION: COMPANY OVERVIEW

14.2.8 KUREHA CORPORATION

TABLE 302 KUREHA CORPORATION: COMPANY OVERVIEW

14.2.9 ZHONG AN XIN TECHNOLOGY CO., LTD

TABLE 303 ZHONG AN XIN TECHNOLOGY CO., LTD: COMPANY OVERVIEW

14.2.10 OSAKA GAS CHEMICALS CO., LTD.

TABLE 304 OSAKA GAS CHEMICALS CO., LTD.: COMPANY OVERVIEW

14.2.11 MALLINDA, INC.

TABLE 305 MALLINDA, INC.: COMPANY OVERVIEW

14.2.12 BCIRCULAR

TABLE 306 BCIRCULAR: COMPANY OVERVIEW

14.2.13 VARTEGA INC.

TABLE 307 VARTEGA INC.: COMPANY OVERVIEW

14.2.14 JILIN TANGU CARBON FIBER CO., LTD.

TABLE 308 JILIN TANGU CARBON FIBER CO., LTD.: COMPANY OVERVIEW

14.2.15 FANGDA CARBON NEW MATERIAL CO., LTD.

TABLE 309 FANGDA CARBON NEW MATERIAL CO., LTD.: COMPANY OVERVIEW

14.2.16 KINGFA SCIENCE AND TECHNOLOGY CO., LTD.

TABLE 310 KINGFA SCIENCE AND TECHNOLOGY CO., LTD.: COMPANY OVERVIEW

14.2.17 SINOFIBERS TECHNOLOGY CO., LTD.

TABLE 311 SINOFIBERS TECHNOLOGY CO., LTD.: COMPANY OVERVIEW

14.2.18 JILIN JIYAN HIGH-TECH FIBERS CO., LTD.

TABLE 312 JILIN JIYAN HIGH-TECH FIBERS CO., LTD.: COMPANY OVERVIEW

14.2.19 JIANGSU TIANNIAO HIGH TECHNOLOGY CO., LTD.

TABLE 313 JIANGSU TIANNIAO HIGH TECHNOLOGY CO., LTD.: COMPANY OVERVIEW

14.2.20 DONGGUAN JULI COMPOSITE TECHNOLOGY CO., LTD.

TABLE 314 DONGGUAN JULI COMPOSITE TECHNOLOGY CO., LTD.: COMPANY OVERVIEW

14.2.21 SINOPEC SHANGHAI PETROCHEMICAL CO., LTD. (SHANGHAI PETROCHEMICAL)

TABLE 315 SINOPEC SHANGHAI PETROCHEMICAL CO., LTD. (SHANGHAI PETROCHEMICAL): COMPANY OVERVIEW

14.2.22 SICHUAN XINWANXING CARBON FIBER COMPOSITES CO., LTD.

TABLE 316 SICHUAN XINWANXING CARBON FIBER COMPOSITES CO., LTD.: COMPANY OVERVIEW

*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.

15 APPENDIX (Page No. - 350)

15.1 DISCUSSION GUIDE

15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL

15.3 CUSTOMIZATION OPTIONS

15.4 RELATED REPORTS

15.5 AUTHOR DETAILS

The study involves two major activities in estimating the current market size for carbon fiber market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation procedures were used to determine the extent of market segments and sub-segments.

Carbon Fiber Market Secondary Research

In the secondary research process, various secondary sources such as annual reports, press releases, and investor presentations of companies; certified publications; articles from recognized authors; gold & silver standard websites; and various databases were referred to for identifying and collecting information for this study. Also, Hoovers, Factiva, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to identify and collect information for this study.

Secondary research was mainly conducted to obtain key information about the supply chain of the industry, the total pool of players, market classification and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.

Carbon Fiber Market Primary Research

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology & innovation directors, and related key executives from various leading companies and organizations operating in the carbon fiber market. Primary sources from the demand side included procurement managers and experts from end-use industries.

Following is the breakdown of primary respondents:

Carbon Fiber Market Size, and Share

Notes: Tiers of companies are selected based on their ownership and revenues in 2021.

Others include sales managers, marketing managers, and product managers.

Source: Secondary Research, Expert Interviews, and MarketsandMarkets Analysis

To know about the assumptions considered for the study, download the pdf brochure

Carbon Fiber Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total carbon fiber market. These methods were also used extensively to determine the size of various sub-segments in the market. The research methodology used to estimate the market size included the following:

The key players in the industry and markets were identified through extensive secondary research.
The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Carbon Fiber Market Data Triangulation

After arriving at the overall carbon fiber market size using the market size estimation processes as explained above, the market was split into several segments and sub-segments. To complete the whole market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in aerospace & defense, automotive, wind energy, pipes & tanks, sporting goods, and others end-use industries.

Carbon Fiber Market Report Objectives

To analyze and forecast the global market size, in terms of volume and value
To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
To provide detailed information about the technological advancements influencing the growth of the market.
To define, describe, and forecast the market based on five regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and Latin America
To analyze the market with respect to individual growth trends, prospects, and contribution of submarkets to the total market
To analyze the market opportunities and the competitive landscape for stakeholders and market leaders
To analyze competitive developments such as expansions, partnership, agreement, new product/technology launch, joint venture, contract, and merger & acquisition in the market
To profile key players and comprehensively analyze their market share and core competencies