Carbon Fiber Market Expected to Reach US$3.73 billion by 2020 2014 to 2020 | Page 3

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Carbon Fiber Market
carbon fiber market are ; wind energy , defense industries , automotive industry and sporting goods , due to the rise in demand .
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Geographically , carbon fiber market is divided into North America , Europe , Asia Pacific , and Rest of the World ( RoW ). In
Europe the automotive , aerospace , defense , and wind energy segments have witnessed growing demands and these factors are expected to drive the market . Europe carbon fiber market share was 37 % in 2013 . Emerging nations in Asia Pacific region have indicated rise in demand for carbon fiber composites especially China and India . This region is projected as the fastest growing market over the next few years . Due to slow economic recovery , North America is a steadily growing market for carbon fiber . Rest of the World ( RoW ) geographical segment is expected to register substantial growth over the next few years due to carbon fiber demand in countries in the Middle East and Latin America .
Market opportunities for carbon fiber are elaborated as the expanding demand for durable and lightweight carbon fiber constituents in end-user industries such as construction and automotive industries . Market constraints for carbon fiber are high costs and recycling problems that could hinder market growth over the next few years . The market research report lists the major players for carbon fiber in the report . Among these are Hexcel Corporation , Teijin Ltd , Cytec Industries , Mitsubishi Rayon Co ., Ltd , and Toray Industries .
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TABLE OF CONTENT
Chapter 1 Preface 1.1 Report description
1.2 Market segmentation 1.2.1 Global carbon fiber market segmentation , product segment , end-user , and region
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