The report “Carbon Fiber Market by Types,
Applications, Trends & Global Forecasts (2011 – 2016)”, as
the name suggests, defines and segments the global
carbon fiber market with detailed analysis and forecasts of market size
based on various sub-markets by CF types, its applications, and
geography. It also identifies driving and restraining factors for the
market with analysis of trends, opportunities, and challenges. The
market is segmented and forecasted on the basis of major geographies
such as North America, Europe, Asia-Pacific, and Rest of the World
(ROW).
Browse 76 market data tables and 32 market figures spread across 293 pages and an in-depth TOC on “Carbon Fiber Market by Types, Applications, Trends & Global Forecasts (2011 – 2016)”.
http://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.html
Early buyers will receive 10% customization on reports.
Superior properties of carbon fiber such as high strength, high stiffness, low density, non-corrosiveness; electrical conductivity, and chemical inertness make it an ideal material in the plethora of applications such as aerospace, military, automotive, wind energy, sporting goods, and industrial applications. The factors leading to increased interest in the carbon fiber market include demand for more fuel efficient vehicles, structural & performance advantages, continuous emergence of novel applications, and increased demand from emerging economies. However, the market’s potential is somewhat hindered by high price of the carbon fiber, insufficient production capacity, processing difficulties, and lack of automation. In spite of this, there is a huge opportunity for existing & new carbon fiber producers.
Currently, almost 90% of the carbon fiber that is used is PAN-based, whereas pitch-based carbon fiber is used only in specialty applications. The global carbon fiber market is expected to grow from $1,701.9 million in 2010 to $2,515.4 million by 2016 at a CAGR of 5.9%. Asia-Pacific accounted for the highest share in the carbon fiber market and is expected to reach $938.9 million in 2016 at a CAGR of 6.3% from 2011 to 2016. North America is the second largest market and expected to grow with CAGR of 5.9% to reach $857 million in 2016. The market shares of various geographies for the period are Asia-Pacific (36.2%), North America (34%), Europe (25.8%), and ROW (3.88%).
In 2010, most of the carbon fiber production (47%) was used by the aerospace sector. Falling in the second place was the other industrial applications sector with a 29.5% market share. The remaining three sectors; namely sporting goods, wind energy and automotive, which utilized 11.8%, 8.8% and 2.6% respectively. The report also includes the breakdown of these applications into various geographies and even further into different regions in these geographies.
About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website www.marketsandmarkets.com.
Contact:
Mr. Rohan
7557 Rambler Road,
Suite 727, Dallas, TX 75231
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
MarketsandMarkets Blog
http://www.marketsandmarkets.com
http://twitter.com/marketsmarkets
Browse 76 market data tables and 32 market figures spread across 293 pages and an in-depth TOC on “Carbon Fiber Market by Types, Applications, Trends & Global Forecasts (2011 – 2016)”.
http://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.html
Early buyers will receive 10% customization on reports.
Superior properties of carbon fiber such as high strength, high stiffness, low density, non-corrosiveness; electrical conductivity, and chemical inertness make it an ideal material in the plethora of applications such as aerospace, military, automotive, wind energy, sporting goods, and industrial applications. The factors leading to increased interest in the carbon fiber market include demand for more fuel efficient vehicles, structural & performance advantages, continuous emergence of novel applications, and increased demand from emerging economies. However, the market’s potential is somewhat hindered by high price of the carbon fiber, insufficient production capacity, processing difficulties, and lack of automation. In spite of this, there is a huge opportunity for existing & new carbon fiber producers.
Currently, almost 90% of the carbon fiber that is used is PAN-based, whereas pitch-based carbon fiber is used only in specialty applications. The global carbon fiber market is expected to grow from $1,701.9 million in 2010 to $2,515.4 million by 2016 at a CAGR of 5.9%. Asia-Pacific accounted for the highest share in the carbon fiber market and is expected to reach $938.9 million in 2016 at a CAGR of 6.3% from 2011 to 2016. North America is the second largest market and expected to grow with CAGR of 5.9% to reach $857 million in 2016. The market shares of various geographies for the period are Asia-Pacific (36.2%), North America (34%), Europe (25.8%), and ROW (3.88%).
In 2010, most of the carbon fiber production (47%) was used by the aerospace sector. Falling in the second place was the other industrial applications sector with a 29.5% market share. The remaining three sectors; namely sporting goods, wind energy and automotive, which utilized 11.8%, 8.8% and 2.6% respectively. The report also includes the breakdown of these applications into various geographies and even further into different regions in these geographies.
About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website www.marketsandmarkets.com.
Contact:
Mr. Rohan
7557 Rambler Road,
Suite 727, Dallas, TX 75231
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
MarketsandMarkets Blog
http://www.marketsandmarkets.com
http://twitter.com/marketsmarkets
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