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Global Carbon Fiber Market- Formosa Plastics, Hexcel, Mitsubishi Chemical, among others to contribute to the market growth | Industry Analysis, Market Trends, Opportunities and Forecast 2024

·4 min read

NEW YORK, March 4, 2021 /PRNewswire/ -- The global carbon fiber market is poised to grow by $ 2.01 bn during 2020-2024, progressing at a CAGR of about 10% during the forecast period.

Carbon Fiber Market by Raw Material, End-user, and Geography - Forecast and Analysis 2020-2024
Carbon Fiber Market by Raw Material, End-user, and Geography - Forecast and Analysis 2020-2024

Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour. Get FREE Sample Report in Minutes!

The report on the global carbon fiber market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by increasing demand for fuel-efficient vehicles.

The global carbon fiber market analysis includes application segment and geography landscape. This study identifies the capacity expansions and emergence of new production plants as one of the prime reasons driving the global carbon fiber market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The global carbon fiber market covers the following areas:

Global Carbon Fiber Market Sizing
Global Carbon Fiber Market Forecast
Global Carbon Fiber Market Analysis
Companies Mentioned

  • Formosa Plastics

  • Hexcel

  • Mitsubishi Chemical

  • SGL Group

  • TEIJIN

  • TORAY INDUSTRIES.

Related Reports on Consumer Discretionary Include:

  • Corporate Game-Based Learning Market by Product and Geography - Forecast and Analysis 2020-2024- The corporate game-based learning market size has the potential to grow by USD 73.90 million during 2020-2024, and the market's growth momentum will accelerate at a CAGR of 6.46%. To get extensive research insights: Get FREE sample report in minutes

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Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem

  • Market characteristics

  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition

  • Global carbon fiber market by raw materials

  • Market sizing 2018

  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application

  • Comparison by application

  • Aerospace and defense - Market size and forecast 2018-2023

  • Sports and leisure - Market size and forecast 2018-2023

  • Wind energy - Market size and forecast 2018-2023

  • Automotive - Market size and forecast 2018-2023

  • Others - Market size and forecast 2018-2023

  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation

  • Geographic comparison

  • Americas - Market size and forecast 2018-2023

  • EMEA - Market size and forecast 2018-2023

  • APAC - Market size and forecast 2018-2023

  • Key leading countries

  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers

  • Increasing demand for fuel-efficient vehicles

  • Increasing use of carbon fibers in the aerospace and defense sector

  • Collaborations between carbon fiber manufacturers and end-use industries

  • Market challenges

  • High competition from substitutes

  • High cost of carbon fibers

  • Limitations of carbon fibers

PART 11: MARKET TRENDS

  • Capacity expansions and new plants

  • New product launches

  • Rise in the demand from the wind energy sector

PART 12: VENDOR LANDSCAPE

  • Competitive scenario

  • Overview

  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered

  • Vendor classification

  • Market positioning of vendors

  • Formosa Plastics

  • Hexcel

  • Mitsubishi Chemical

  • SGL Group

  • TEIJIN

  • TORAY INDUSTRIES

PART 14: APPENDIX

  • Research methodology

  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View original content to download multimedia:http://www.prnewswire.com/news-releases/global-carbon-fiber-market--formosa-plastics-hexcel-mitsubishi-chemical-among-others-to-contribute-to-the-market-growth--industry-analysis-market-trends-opportunities-and-forecast-2024-301240353.html

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