Global Pre Oxidized Carbon Fiber Cloth Market to Achieve USD 5.8 BN By 2025
Posted On August 29, 2019
Value Market Research, recently updated the report on the Global Pre-Oxidized Carbon Fiber Cloth Market. Estimations shows that the Global Pre Oxidized Carbon Fiber Cloth Market was valued USD 2.2 BN (by revenue) in 2018. Prediction shows that it is anticipated to reach USD 5.8 BN by 2025 with a CAGR of 15% from 2019 to 2025. Rising application of carbon fiber for manufacturing automotive components and other engineered materials is fueling the market demand. Growing demand for carbon fiber from aerospace and civil engineer industry owing to its superior property such as high tensile strength, durability, lightweight, and stiffness is further propelling the market growth. Moreover, rising demand for sports goods coupled with the booming construction is also anticipated to increase the market value over the forecast timeline.
Carbon fiber is also known as graphite fiber and is mostly composed of carbon atoms. They have excellent stiffness, high tensile strength, high chemical resistance, low thermal expansion, and high-temperature tolerance. This properties makes them suitable for aerospace, military, civil engineer, and construction application. It is produced by bonding various carbon atoms together in crystals as crystal gives fiber high strength-to-volume ratio. Carbon fibers are also combined with other materials such as graphite to form a reinforced carbon-carbon structure, which can tolerate high heat.
The report "Global Pre Oxidized Carbon Fiber Cloth Market Report By Product (Twill, Plain Cloth, Satin Weave And Unidirectional Cloth), Application (Industrial Application, Aerospace & Defense, Sports Goods, Construction And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation, And Forecast, 2018-2025" encompass important market estimation and prediction based on the latest trends and analyses by industry experts.
The market segment includes product, application, and region. The product encompasses twill, plain cloth, satin weave, and unidirectional cloth. Application entails industrial application, aerospace & defense, sports goods, construction and others. Out of which, aerospace & defense has emerged as the largest application area owing to its superior chemicals and physical property. Regional segmentation covers North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is dominating the overall market owing to the rising demand for pre-oxidized carbon fiber from the aerospace industry for the production of aircraft interiors products.
The Report Segments Global Pre-Oxidized Carbon Fiber Cloth Market -
Aerospace & Defense
Middle East & Africa
Players Profiled In the Report:
Cytec Solvay Group, Formosa Plastic, Hexcel Corporation, Mitsubishi Corporation, SGL Group, Shandong Jiangshan Fiber Technology Co., Ltd., Toho Tenax, and Toray Industries, Inc. among others
Download the FREE SAMPLE of Global Pre-Oxidized Carbon Fiber Cloth Market Research Report
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