Global Carbon Fiber Market 2019-2023: Drivers, Challenges & Trends - Collaborations Between Manufacturers and End-Use Industries

| Source: Research and Markets Research and Markets

Dublin, Oct. 25, 2018 (GLOBE NEWSWIRE) -- The "Global Carbon Fiber Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The global carbon fiber market to grow at a CAGR of 9.61% during the period 2019-2023.

Global Carbon Fiber Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the use of carbon fiber in different segments

The latest trend gaining momentum in the market is the capacity expansion and emergence of new production plants. The increasing demand for carbon fibers in aerospace and defense, automotive, wind energy, and other end-use application is leading to the expansion of production capacities of carbon fibers.

According to the report, one of the major drivers for this market is the increasing demand for fuel efficient vehicles. At present, consumers are shifting from traditional passenger cars to fuel efficient cars due to the high fuel costs and fluctuating fuel prices. Availability of alternative fuels and the awareness regarding the benefits of green vehicles and light vehicles are the factors that can have a direct impact on the market.

Further, the report states that one of the major factors hindering the growth of this market is the high competition from substitutes. Substitutes such as glass fiber, aluminium, copper, basalt fiber aramid fibers, and natural fiber pose serious challenge for the growth of the market as these substitutes have similar end-use applications.

Key questions answered in this report

  • What will the market size be in 2023 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Key vendors

  • Formosa Plastics
  • Hexcel
  • Mitsubishi Chemical
  • SGL Group
  • TEIJIN
  • TORAY INDUSTRIES

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 emergence of new production plants
  • New product launches
  • Rise in 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

For more information about this report visit https://www.researchandmarkets.com/research/sftdb8/global_carbon?w=12

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