Carbon Fiber Market Expected to Reach US$3.73 billion by 2020 2014 to 2020 | Page 2

Carbon Fiber Market REPORT DESCRIPTION Carbon Fiber Market (PAN-based, Pitch-based and Others) for Wind Energy, Automotive, Aerospace and Defense, Sports, Construction and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 Transparency Market Research has announced a new research report on the global carbon fiber market. According to the report, the global carbon fiber market is expanding progressively at a CAGR of 9.9% from 2014 to 2020 the forecast period. In 2013 the global value of the carbon fiber market was US$1.94 billion and this is set to increase and reach a value of US$3.73 billion by 2020, as described in the market report.The market research report on global carbon fiber market is titled “Carbon Fiber Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014– 2020”. Analysis of the carbon fiber market is done on regional and global levels in the market research report based on revenues and volumes between the years 2014 to 2020. The report analyzes the market trends including the market drivers, restraints, and opportunities worldwide and in specific regions. The market study analyzes the carbon fiber market by future market prospects and current market estimates during the projected period. Market segmentation is analyzed by product types, end-user, and by geographical regions.Carbon fiber has extensive industrial applications, and are produced worldwide. The different carbon fiber types include rayon based, pitch based, polyacrylonitrile (PAN) based, and polyolefin-based among others. Carbon fibers are used in automotive, sports goods, defense industry, and construction among other uses. Browse The Full Report at: http://www.transparencymarketresearch.com/carbon-fibermarket.html Among carbon fiber types, the PAN based carbon fibers product segment is expected to increase in demand due to its unique structural properties. Wind-energy is an end-user segment in carbon fiber that had a 24% market share in 2013. The automotive end-user segment is considered as the fastest growing in the report. The major end user segments predicted as positive growth propellers in the 2 Transparency Market Research