Global Carbon Fiber Market Set to Reach $5 Billion by 2030, Driven by Demand for High-Performance Lightweight Materials - ResearchAndMarkets.com

The "Carbon Fiber Market: Trends, Opportunities and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.

The carbon fiber industry is projected to grow significantly, with the market expected to reach an estimated $5 billion by 2030, expanding at a compound annual growth rate (CAGR) of 6% from 2023 to 2030. Key factors propelling this growth include the rising need for fuel-efficient vehicles, aerospace innovations, and the expansion of wind energy, among other applications.

Emerging Trends and Market Dynamics

The carbon fiber market continues to benefit from trends such as the development of low-cost carbon fibers, increased joint ventures between manufacturers and original equipment manufacturers (OEMs), and enhanced efforts towards the recycling of carbon fiber. Market dynamics are influenced by the increasing demand for lightweight materials coupled with significant investments in R&D.

Segment Analysis and Regional Dynamics

A detailed segment analysis reveals that aerospace and industrial applications will remain predominant in the carbon fiber market, with aerospace expected to experience the most rapid growth during the forecast period. By precursor type, PAN-based carbon fiber has the largest share, with the segment also predicted to undergo the highest growth due to its extensive applications in transportation, defense, and wind energy industries. Regionally, the Asia Pacific region is forecasted to be the largest and fastest-growing market, driven by expanding aerospace, automotive, and wind energy industries. Meanwhile, North America is expected to maintain a significant position in the global marketplace.

Market Share and Competitive Landscape

Current market analysis indicates a competitive environment dominated by principal players such as Toray Industries Inc., Hexcel Corporation, and Mitsubishi Chemical Corporation. These companies are vying for market share through strategic expansions, product innovations, and collaborations aimed at meeting the increasing demand for high-performance carbon fiber composites.

The carbon fiber market presents a vast array of opportunities in various end-use segments, fueled by the industrial trend towards lightweight and high-strength composite materials. With the sector poised for substantial growth, key players are focusing on enhancing their technological capabilities and expanding their global presence to harness these emerging opportunities.

Key Topics Covered:

1. Executive Summary

2. Global Carbon Fiber Market Dynamics

2.1: Introduction, Background, and Classifications

2.2: Supply Chain

2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030

3.1: Macroeconomic Trends and Forecasts

3.2: Global Carbon Fiber Market Trends and Forecast

3.3: Global Carbon Fiber Market by End Use

3.3.1: Aerospace

3.3.1.1: Commercial Aerospace

3.3.1.2: Regional jets

3.3.1.3: General Aviation

3.3.1.4: Helicopters

3.3.1.5: Defense

3.3.1.6: Space

3.3.2: Industrial

3.3.2.1: Marine

3.3.2.2: Wind Energy

3.3.2.3: Transportation/Automotive

3.3.2.4: Civil/Construction

3.3.2.5: Electrical & Electronics

3.3.2.6: Others

3.3.3: Sporting Goods

3.3.3.1: Golf

3.3.3.2: Rackets

3.3.3.3: Skis, Snowboards, and Other Winter Sports

3.3.3.4: Fishing Poles

3.3.3.5: Others

3.4: Global Carbon Fiber Market by Precursor Type

3.4.1: Polyacrylonitrile (PAN) Based Carbon Fiber

3.4.2: Pitch Based Carbon Fiber

3.5: Global Carbon Fiber Market by Tow Size

3.5.1: Small Tow (?24k)

3.5.2: Large Tow (>24k)

3.6: Global Carbon Fiber Market by Modulus

3.6.1: Standard Modulus

3.6.2: Intermediate Modulus

3.6.3: High Modulus

4. Market Trends and Forecast Analysis by Region

4.1: Global Carbon Fiber Market by Region

4.2: North American Carbon Fiber Market

4.3: European Carbon Fiber Market

4.4: APAC Carbon Fiber Market

4.5: ROW Carbon Fiber Market

5. Competitor Analysis

5.1: Product Portfolio Analysis

5.2: Market Share Analysis

5.3: Operational Integration

5.4: Geographical Reach

5.5: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

6.1: Growth Opportunity Analysis

6.1.1: Growth Opportunities for the Global Carbon Fiber Market by End Use

6.1.2: Growth Opportunities for the Global Carbon Fiber Market by Precursor Type

6.1.3: Growth Opportunities for the Global Carbon Fiber Market by Region

6.2: Emerging Trends in the Global Carbon Fiber Market

6.3: Strategic Analysis

6.3.1: New Product Development

6.3.2: Capacity Expansion

6.3.3: Mergers and Acquisitions

6.3.4: Certifications and Licensing

6.3.5: Value Chain Analysis

7. Company Profiles of Leading Players

7.1: Toray Industries Inc.

7.2: Hexcel Corporation

7.3: Mitsubishi Chemical Corporation

7.4: Solvay

7.5: SGL Carbon Group

7.6: Teijin Limited

7.7: Formosa Plastics Corporation

7.8: DowAksa

7.9: Hyosung Corporation

7.10: Nippon Graphite Fiber Corporation

7.11: Kureha Corporation

7.12: Osaka Gas Chemical Corporation Ltd.

7.13: Dalian Xingke Carbon Fiber Co.

7.14: Jilin Jiyan High-Tech Fibers

7.15: Anshan Sinocarb Carbon Fibers Co., Ltd.

7.16: Sinosteel Jilin Carbon Co., Ltd.

7.17: Weihai Tuozhan Fiber

7.18: Zhongheng New Material

7.19: Zhongfu Shenying Carbon Fiber Co., Ltd.

7.20: Jiangsu Hengshen Fiber Materials Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/aozcgt

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