Dublin, Feb. 19, 2020 (GLOBE NEWSWIRE) -- The "North America Carbon Fiber Market to 2027 - Regional Analysis and Forecasts By Precursor; Form; End Use Industry" report has been added to ResearchAndMarkets.com's offering.

The North America carbon fiber market is accounted to US$ 1,157.8 Mn in 2018 and is expected to grow at a CAGR of 10.8% during the forecast period 2019 - 2027, to account to US$ 2,872.5 Mn by 2027.

The North America carbon fiber market is segmented on the basis of precursors as - PAN-based and pitch. The PAN-based North America carbon fiber market is estimated to hold a dominant share in the market. PAN is polymerized from acrylonitrile (AN) by the commonly used, inhibitory azo compounds and peroxides through the polymerization process. The rising demand for carbon fiber in the industrial applications has led to an upsurge to the manufacturing and production of PAN as it is one of the most widely used precursors. The PAN polymerization is run either as a continuous process or as a batch process.

A continuous process is used to produce PAN with relatively wide molecular weight distribution whereas a continuous process is used for a large-scale production. The presence of linear nitrile groups results in a robust intermolecular interaction in linear PAN that leads to having a high melting point, which results in the degradation before the temperature reaches the melting point.

The rising demands from automotive and aerospace applications are one of the key drivers for the growth of the North America carbon fiber market. The cost in the production of automotive using carbon fiber is comparatively cheaper as compared to that of the steel. An essential feature of the carbon fiber is that it can be shaped and molded into different shapes, which is not the case in steel. The automotive parts that are made out of carbon fiber are not painted but rather are clear-coated. The carbon fiber weave has a symbol of high-performance and high technology.

North America carbon fiber market is segmented on the basis of the country as - US, Canada, and Mexico. US has a major share in the North America carbon fiber market, which is followed by Mexico. Owing to increased deployments, the military forces require heavy-duty vehicles to transport goods and ammunitions and armaments to the various establishment. The rise in demand for automotive for varied purposes would raise the production capacity of automotive and related parts. Thus, the demand for carbon fiber in the US is going to rise during the forecast period.

The overall North America carbon fiber market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North America carbon fiber market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America carbon fiber market.

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Key Topics Covered:

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Carbon Fiber Market - By Precursor
1.3.2 North America Carbon Fiber Market - By Form
1.3.3 North America Carbon Fiber Market - By End-Use Industry
1.3.4 North America Carbon Fiber Market - By Country

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Carbon Fiber Market Landscape
4.1 Market Overview
4.2 PEST Analysis - North America

5. Carbon Fiber Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising demands from automotive and aerospace applications
5.1.2 Increasing usage of carbon fiber in wind energy industry
5.2 Restraints
5.2.1 High costs and other disadvantages associated with carbon fibers
5.3 Opportunity
5.3.1 Increasing usage of carbon fiber in the sporting goods industry
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints

6. Carbon Fiber - North America Market Analysis
6.1 North America Carbon Fiber Market Overview
6.2 North America Carbon Fiber Market Forecast and Analysis

7. North America Carbon Fiber Market Analysis - By Precursor
7.1 Overview
7.2 North America Carbon Fiber Market Breakdown, By Precursor, 2018 & 2027
7.3 Polyacrylonitrile (PAN)
7.3.1 Overview
7.3.2 North America PAN Market Revenue Forecasts To 2027 (US$ Mn)
7.4 Pitch
7.4.1 Overview
7.4.2 North America Pitch Market Revenue Forecasts To 2027 (US$ Mn)

8. North America Carbon Fiber Market Analysis - By Form
8.1 Overview
8.2 North America Carbon Fiber Market Breakdown, By Form, 2018 & 2027
8.3 Composites
8.3.1 Overview
8.3.2 North America Composites Carbon Fiber Market Revenue Forecasts To 2027 (US$ Mn)
8.4 Non-Composites
8.4.1 Overview
8.4.2 North America Non-Composites Carbon Fiber Market Revenue Forecasts To 2027 (US$ Mn)

9. North America Carbon Fiber Market Analysis - By End-use Industry
9.1 Overview
9.2 North America Carbon Fiber Market Breakdown, By End-use industry, 2018 & 2027
9.3 Automotive
9.3.1 Overview
9.3.2 North America Automotive Market Revenue Forecasts To 2027 (US$ Mn)
9.4 Aerospace and Defence
9.4.1 Overview
9.4.2 North America Aerospace & Defense Market Revenue Forecasts To 2027 (US$ Mn)
9.5 Construction
9.5.1 Overview
9.5.2 North America Construction Market Revenue Forecasts To 2027 (US$ Mn)
9.6 Sporting Goods
9.6.1 Overview
9.6.2 North America Sporting Goods Revenue and Forecasts to 2027 (US$ MN)
9.7 Wind Energy
9.7.1 Overview
9.7.2 North America Wind Energy Revenue and Forecasts to 2027 (US$ MN)
9.8 Others
9.8.1 Overview
9.8.2 North America Others Revenue and Forecasts to 2027 (US$ MN)

10. Carbon Fiber Market - Country Analysis
10.1 Overview
10.1.1 North America Carbon Fiber Market Breakdown, by Key Countries
10.1.1.1 US Carbon Fiber Market Revenue Forecasts to 2027 (US$ MN)
10.1.1.1.1 US Carbon Fiber Market Breakdown by Precursor
10.1.1.1.2 US Carbon Fiber Market Breakdown by Form
10.1.1.1.3 US Carbon Fiber Market Breakdown by End-Use industry
10.1.1.2 Canada Carbon Fiber Market Revenue Forecasts to 2027 (US$ MN)
10.1.1.2.1 Canada Carbon Fiber Market Breakdown by Precursor
10.1.1.2.2 Canada Carbon Fiber Market Breakdown by Form
10.1.1.2.3 Canada Carbon Fiber Market Breakdown by End-use industry
10.1.1.3 Mexico Carbon Fiber Market Revenue Forecasts to 2027 (US$ MN)
10.1.1.3.1 Mexico Carbon Fiber Market Breakdown by Precursor
10.1.1.3.2 Mexico Carbon Fiber Market Breakdown by Form
10.1.1.3.3 Mexico Carbon Fiber Market Breakdown by End-use industry

11. Industry Landscape
11.1 Overview
11.2 Product News
11.3 Investment Scenario
11.4 Market Initiatives

12. Company Profiles
12.1 DowAksa
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Formosa Plastics Corporation
12.3 Hexcel Corporation
12.4 Hyosung Corporation
12.5 Kureha Corporation
12.6 Mitsubishi Chemical Corporation
12.7 SGL Carbon
12.8 Solvay
12.9 Teijin Limited
12.10 Toray Industries, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/sn49z1

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