Market Insight : Carbon fiber Market Globally Grow at a CAGR of 9.16% by Revenue During the Forecast Period 2016-2020

Researchmoz added Most up-to-date research on “Global Carbon Fiber Market 2016-2020” to its huge collection of research reports.

About Carbon fiber

Carbon fiber is a material made of thin, crystalline, strong filaments of carbon with a diameter of 5 microns to 15 microns. Many parallel filaments are collectively grouped, and this is referred to as a carbon fiber tow. The term tow count mentions the number of filaments that are present per tow.

Technavios analysts forecast the global carbon fiber market to grow at a CAGR of 9.16% during the period 2016-2020.

Covered :
The report covers the present scenario and the growth prospects of the global carbon fiber market for 2016-2020. To calculate the market size by revenue, the report follows a top-down approach in the prime application areas of different types of carbon fibers, including aerospace and aviation, automotive, wind turbines, sports utility, marine, construction, and pressure vessels.

Segments based on geography:
North America

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Technavio’s report, Global Carbon Fiber Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Cytec Solvay
Other prominent vendors
Kemrock Industries and Exports
Mitsubishi Rayon

Key driver
Collaborations between vendors and end-user industries
For a full, detailed list, view our report

Key challenge
High production costs
For a full, detailed list, view our report

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