Global Carbon Fiber (CF) Production to
Reach 80,000 Tons in 2016
The report “Carbon Fiber Market by Types, Applications, Trends & Global Forecasts (2011
– 2016)”, as the name suggests, defines and segments the global carbon fiber market with
detailed analysis and forecasts of market size based on various sub-markets by CF types, its
applications, and geography. It also identifies driving and restraining factors for the market with
analysis of trends, opportunities, and challenges. The market is segmented and forecasted on the
basis of major geographies such as North America, Europe, Asia-Pacific, and Rest of the World
(ROW).
Browse 76 market data tables and 32 market figures spread across 293 pages and an in-depth
TOC on “Carbon Fiber Market by Types, Applications, Trends & Global Forecasts (2011 –
2016)”.
http://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.html
Early buyers will receive 10% customization on this report.
Superior properties of carbon fiber such as high strength, high stiffness, low density, noncorrosiveness; electrical conductivity, and chemical inertness make it an ideal material in the
plethora of applications such as aerospace, military, automotive, wind energy, sporting goods,
and industrial applications. The factors leading to increased interest in the carbon fiber market
include demand for more fuel efficient vehicles, structural & performance advantages,
continuous emergence of novel applications, and increased demand from emerging economies.
However, the market’s potential is somewhat hindered by high price of the carbon fiber,
insufficient production capacity, processing difficulties, and lack of automation. In spite of this,
there is a huge opportunity for existing & new carbon fiber producers.
Currently, almost 90% of the carbon fiber that is used is PAN-based, whereas pitch-based carbon
fiber is used only in specialty applications. The global carbon fiber market is expected to grow
from $1,701.9 million in 2010 to $2,515.4 million by 2016 at a CAGR of 5.9%. Asia-Pacific
accounted for the highest share in the carbon fiber market and is expected to reach $938.9
million in 2016 at a CAGR of 6.3% from 2011 to 2016. North America is the second largest
market and expected to grow with CAGR of 5.9% to reach $857 million in 2016. The market
shares of various geographies for the period are Asia-Pacific (36.2%), North America (34%),
Europe (25.8%), and ROW (3.88%).
In 2010, most of the carbon fiber production (47%) was used by the aerospace sector. Falling in
the second place was the other industrial applications sector with a 29.5% market share. The