Carbon Fiber Tube Market

The report "Carbon Fabric Tube Market by Fabric Type (Unidirectional, Woven, Braided), Resin Type (Epoxy, Polyurethane, Other Resins) Manufacturing Process (Filament Winding, Pultrusion, Roll-Wrapping), End-Use Industry (Aerospace & Defense, Automotive, Sporting Goods, Medical, Other Industries), and Region - Forecast to 2029", is estimated to be around USD 715.0 million in 2024 and is projected to reach USD 1376.7 billion by 2029, at a CAGR of 14.0% from 2024 to 2029. The growth of the carbon fiber tubes market is primarily driven by the increasing demand for lightweight, high-strength materials in industries like automotive, aerospace, and sports equipment. In the automotive sector, the push for fuel-efficient and electric vehicles (EVs) is accelerating the adoption of carbon fiber tubes, as they reduce weight while maintaining strength. Additionally, the rising focus on sustainability and environmental regulations in various regions is propelling the shift toward carbon fiber-based components. However, the high cost of carbon fiber production remains a significant restraint, limiting its widespread use, especially in cost-sensitive industries. The complex manufacturing processes and lack of advanced recycling methods also pose challenges.

Browse 120 market data Tables and 150 Figures spread through 300 Pages and in-depth TOC on "Carbon Fabric Tube Market by Fabric Type (Unidirectional, Woven, Braided), Resin Type (Epoxy, Polyurethane, Other Resins) Manufacturing Process (Filament Winding, Pultrusion, Roll-Wrapping), End-Use Industry (Aerospace & Defense, Automotive, Sporting Goods, Medical, Other Industries), and Region - Forecast to 2029"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/carbon-fiber-tube-market-154129227.html

Epoxy resin accounted for the largest share of the overall carbon fiber tube market, in terms of value.

In terms of value, epoxy resin dominated the global carbon fiber tube market and expected to continue this trend over the upcoming years. Carbon fiber's strength and durability are increased with epoxy resin as it create a solid bond that increases the product's resistance to chipping, breaking, and other wear and tear. Epoxy resin improves chemical resistance of carbon fiber tubes. In addition it helps to reduce the overall manufacturing cost of carbon fiber tubes due to its low cost compared to other resins

Automotive industry accounted for the second-largest share of the overall carbon fiber tube market, in terms of value.

In 2023, the aerospace & defense accounted for the largest share of the overall carbon fiber tube market, in terms of value. As automakers focus on developing lighter, more fuel-efficient vehicles, carbon fiber tubes have become integral to structural and interior applications. These tubes are used in key components like chassis, drive shafts, and suspension systems, offering a balance of reduced weight and high strength. With the growing demand for electric vehicles (EVs), the need for lightweight materials such as carbon fiber tubes is expected to surge. As the automotive industry shifts towards more sustainable solutions, the demand for lightweight parts is set to rise, creating substantial growth opportunities for companies in the carbon fiber market.

North America is the second largest region in the global carbon fiber tube market in terms of value.

The growth opportunities for carbon fiber tubes in North America are substantial, driven by advancements in manufacturing technologies and increasing demand for lightweight, high-performance materials. In the aerospace sector, carbon fiber tubes are used in aircraft components, where weight reduction leads to improved fuel efficiency and lower emissions. Companies like Boeing and Airbus are investing heavily in carbon fiber materials for their aircraft. The automotive industry also presents significant growth potential, with electric vehicles (EVs) requiring lightweight structures to enhance energy efficiency and range. Leading EV manufacturers such as Tesla are increasingly incorporating carbon fiber in vehicle designs. Additionally, carbon fiber tubes are gaining traction in sporting goods, including bicycles, golf clubs, and fishing rods, where performance and durability are crucial. As production techniques advance and costs decrease, carbon fiber tubes are becoming more accessible to industries across sectors, positioning North America as a key market for future growth in this field.

Key players

Prominent companies include Exel Composites (Finland), Shanghai Metal Corporation (China), Goodwinds Composites LLC (USA), Carbon Light Private Limited (India), DragonPlate (US), ACP Composites, Inc. (US), Easy Composites Ltd (UK), NitPro Composites (India), Carbon Fibre Profiles Ltd (UK), C-Tech Ltd. (India), Refitech Composite Solutions (The Netherlands), and ADENTE Advanced Engineering Technologies (Istanbul).

Don’t miss out on business opportunities in Carbon Fiber Tube Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA : 1-888-600-6441
sales@marketsandmarkets.com