Surge in penetration of carbon fiber component in the automotive industry, rise in demand for high-performance carbon fiber in the aerospace & defense, and government regulation for emission control have boosted the growth of the global carbon fiber market. The market across North America held the lion’s share in 2017, contributing to more than one-third of the market.
COVID-19 impact analysis
The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The carbon fiber market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the carbon fiber market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the carbon fiber market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.
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The global carbon fiber market report provides an in-depth study of the market dynamics such as drivers, restraints, opportunities, and the current market scenario. The carbon fiber market report also focuses on the subjective aspect of the industry. Furthermore, the study takes in the key findings, in regards to market overview and investment opportunities. At the same time, the report also encompasses the competitive landscape including comprehensive profiles of the major frontrunners in the industry
The market is divided into continuous, long, and short. The continuous carbon fiber segment is projected to manifest the highest CAGR through 2025. Based on form, the market is divided into composite and non-composite. The composite segment held the largest share in 2017, contributing to more than 95% of the market.
The global carbon fiber market is analyzed across several regions such as North America, Asia-Pacific, Europe, and LAMEA. The market across North America held the lion’s share in 2017, contributing to more than one-third of the market. On the other hand, the market across Europe region held the second-largest share in 2017.
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The global carbon fiber market report includes an in-depth analysis of the market players such as Toho Tenax Co., Zoltek Companies, Inc., Crosby Composites, Formosa Plastics, TenCate, Plasan Carbon Composites, Mitsubishi Plastics, AKSA, Gurit and GKN.
Major Inclusions-
- Qualitative as well as quantitative assessment of the market on the basis of the detailed categorization involving both the economic and non-economic factors.
- Analysis at country and regional level, which portrays the share of the product or service in different regions.
- Elaborative company profiles section, which provides different pointers such as key executives, business enactment, company overview, product/service portfolio, R&D expenditure, current scenario, and prime strategies of the key market players.
- The forecasted market outlook of the carbon fiber market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
- The COVID-19 impact on the carbon fiber market
- Post-sales support and free customization
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