Carbon Fiber Market Share Projections: CAGR of 8.2% Envisions Market Size of USD 5 billion by 2030

Exactitude Consultancy has published a new research report on "Carbon Fiber Market Size 2024". The report explores comprehensive and perceptive Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development prestige.

The global Carbon Fiber Market is expected to grow at 8.2% CAGR from 2024 to 2030. It is expected to reach above USD 5 billion by 2030 from USD 2.46 billion in 2023. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market".

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Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Major vendors in the Global Carbon Fiber Market include DowAksa Advanced Composites Holding B.V., Mitsubishi Chemical Holdings Corporation, Nippon Steel & Sumitomo Metal Corporation, OJSC SvetlogorskKhimvolokno, SGL Carbon SE, Teijin Limited (Teijin), Toray Industries Inc., Hexcel Corporation, Solvay SA, and Hyosung Corporation. and others…

Market Segmentation 2024 to 2032

Carbon Fibre Market by Raw Materials, 2020-2030, (USD Million), (Thousand Units)

Pan-Based Carbon Fiber

Pitch-Based

Rayon-Based Carbon Fiber

Carbon Fibre Market by Type, 2020-2030, (USD Million), (Thousand Units)

Virgin Fiber

Recycled Fiber

Carbon Fibre Market by Application, 2020-2030, (USD Million), (Thousand Units)

Composite Materials

Textiles

Microelectrodes

Catalysis

Carbon Fibre Market by End-Use Industry, 2020-2030, (USD Million), (Thousand Units)

Aerospace And Defense

Alternative Energy

Automotive

Construction And Infrastructure

Sporting Goods

Other End-User Industries

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

• North America (United States, Mexico & Canada)

• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).