Carbon Fibers Market Size, Revenue Share, Drivers & Trends Analysis, 2024–2028

Carbon Fibers Market

Reports and Data’s latest report is an exhaustive study of the global Carbon Fibers market and provides accurate market projections, besides key information on the current and future market trends. The Carbon Fibers industry analysis report highlights the leading products and services available in this market. Key aspects of the industry including forecast revenue share, sales & distribution, pricing structure, and production and consumption rates of each regional market have been discussed in the report. Furthermore, the report elaborates on the key aspects of the market such as import & export ratios, consumer bases, sales channels, and the most lucrative regional markets.

According to RND, the global Carbon Fibers Market revenue is expected to expand at a 10.6% CAGR and reach USD 12.06 Billion  between 2024 and 2028. Key factors driving global market revenue growth are rapid growth in the materials and chemical industry, increasing usage of perfumes, soaps and wide range of raw materials across various sectors such as healthcare and pharmaceutical, food and beverage, agriculture and paper. Based on type, the type 1 segment is expected to register highest revenue growth during the forecast period owing to rising awareness about green energy, and increasing adoption of eco-friendly and biodegradable products.

Top Companies Listed in the Carbon Fibers Market Report: Teijin Limited, Toray Industries Inc., Mitsubishi Rayon Co., Ltd., SGL Group, Formosa Plastics Corporation, Hexcel Corporation, Solvay, Formosa Plastics Corporation, Dowaksa, and Jiangsu Hengshen Co. Ltd., among others.

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The global materials & chemicals industry report deals with the manufacture and sales of a wide range of chemical products and materials including soaps, perfumes, detergents, and various industrial chemicals and construction raw materials. Increasing implementation of environmentally sustainable raw materials and chemicals, growing environmental awareness among individuals, and escalating demand for technologically advanced products are among the key contributors to industry growth. Industry growth is further driven by growing use of organic industrial chemicals, increasing demand for advanced agrochemicals and high-performance specialty chemicals in the agricultural industry, and rising demand for advanced materials & chemicals in the oil & gas, pharmaceutical, personal care & cosmetics, pulp & paper, and textile industries.

The study offers key insights into the strengths and weaknesses of the prominent players through an extensive SWOT analysis and Porter’s Five Forces analysis. It further segments the market on the basis of product type, application spectrum, med-use, and geography. The Carbon Fibers industry analysis report assesses the industry in terms of market size, market share, and revenue. The key regional markets covered in the report include North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Furthermore, the report sheds light on the presence of the global Carbon Fibers market in the major regions with regards to market share, market size, revenue contribution, sales statistics, distribution channels, and various other key elements.

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Raw Materials Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2024-2028)

  • Pan-Based Carbon Fibers
  • Pitch-Based Carbon Fibers
  • Rayon-Based Carbon Fibers

Fiber Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2024-2028)

  • Virgin Carbon Fibers
  • Recycled Carbon Fibers

Industry Verticals Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2024-2028)

  • Sports/Leisure
  • Automotive
  • Aerospace and Defense
  • Wind Energy
  • Civil Engineering
  • Marine
  • Electrical & Electronics
  • Pipe and Tank
  • Others

Key points covered in the report:

  • The report presents a detailed study of the global Carbon Fibers market
  • It specializes in the study of the major market dynamics including driving and restraining market growth, latest product trends, and latest technological advancements
  • Includes market classification based on product type, application spectrum, and end-use landscape, and distribution channel
  • Major focus on the latest product developments, new techniques incorporated, and company profiles of leading players in the market

Frequently asked questions addressed in the report:

  • What is the projected growth rate of the global Carbon Fibers market over the forecast period?
  • What are the latest trending factors influencing market growth?
  • What are the major factors driving the growth of the Global Carbon Fibers Market?
  • What are the risks and challenges existing in the industry?
  • What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?

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