Carbon Fiber Market Dynamics Pavel Buchnevich Jersey Youth , Drivers, Key Players and Analysis Forecast 2025by amishra0234 · June 28, 2019
28 June 2019: The global Carbon Fiber Market is expected to cross USD 6.36 billion by 2025. The carbon fiber industry witnessed growth trends in the carbon fiber, composite markets possessed identical features, and the significance was higher in terms of volume in 2016. Rise in end-user applications coupled with diversified uses of carbon fibers in various domains added to the market growth then. The growth trends exhibited positive traction owing to rising CAGR on yearly basis.
At present, the carbon fiber market is driven by rise in demand for carbon fiber from automotive and aerospace industries and lightweight vehicles. In addition Brady Skjei Jersey Youth , the augmented demand for fuel-efficient vehicles coupled with stringent regulations by government pertaining to vehicle pollution is expected to drive the market growth. The carbon fiber industry is expected to gain a positive traction in the forthcoming period due to mass production of electronic items, automotive applications in cars and rise in industrial use.
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Carbon fiber market is segmented by raw material, inclusive of PAN-based and Pitch based. PAN based carbon fibers accounted for a higher CAGR in the forecast period owing to wider use in numerous applications. By tow size, the market segmentation includes small tow and large tow. Small tow carbon fibers are widely used for numerous applications owing to its versatile features.
By Application, the carbon fiber industry is segmented as sport equipment, aerospace & defense Kevin Shattenkirk Jersey Youth , molding & compounding, automotive, construction and pressure vessels. Aerospace & defense account for a significant CAGR in the forthcoming period due to extensive use of carbon fibers in production and assembling.
Geographical segmentation for carbon fiber market includes North America, Latin America, Europe, Asia-Pacific Chris Kreider Jersey Youth , Middle East and Africa. North America is expected to rise at a higher CAGR in the forthcoming period owing to presence of aircraft makers for commercial and defence purpose. Increase in automobile production emphasizing high performance cars is expected to drive the regional market. Europe is anticipated to be a large and rapidly growing market owing to stringent regulations emphasizing environmental pollution. The key players in the carbon fiber industry include BASF SE, Teijin Limited, Hexcel Corporation, SGL Group and Mitsubishi Rayon Co Ltd.
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Market Segment:
Carbon Fiber Raw Material Outlook (Volume, Tons; Revenue, USD Million Marc Staal Jersey Youth , 2014 – 2025) ?PAN Based ?Pitch Based
Carbon Fiber Tow Size Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025) ?Small Tow ?Large Tow
Carbon Fiber Application Outlook (Volume, Tons; Revenue, USD Million Ryan Strome Jersey Youth , 2014 – 2025) ?Automotive ?Aerospace & Defense ?Wind Turbines ?Sports equipment ?Molding & Compounding ?Construction ?Pressure vessels ?Others
Carbon Fiber Regional Outlook (Tons, USD Million, 2014 – 2025) ?North America ?U.S. ?Mexico ?Canada ?Europe ?Germany ?France ?UK ?Asia Pacific ?Japan ?China ?Taiwan ?Central & South America (CSA) ?Brazil ?Middle East & Africa (MEA)
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Latest Study Offers Detailed Insights on Sports Drink Market 2017-2022by shrikantmandlik · November 12, 2019
Today sports drinks are more specialized than ever before with new formulations to meet the changing customer demands. Formulations play an important role in producing sports drinks and over the years these formulations have changed a little. Manufacturers are revamping sports drinks to meet sugar-content Mika Zibanejad Jersey Youth , flavor, protein and nutrition demand.
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Meanwhile, they are also focusing on using natural and organic ingredients in sports drinks. Sports drinks manufacturers are investing in research of ingredients that help final formula to achieve its purpose of rehydration. Hence, new formulation methods in sports drinks are gaining traction globally.