Global Carbon Fiber Resin
Market Report
2024
The global Carbon Fiber Resin Market size is USD 7.1 billion in 2024. The carbon fiber resin market will show strongest growth with a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031. The expansion is due to the growing need for lightweight automobiles.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Carbon Fiber Resin Market Sales Revenue 2024 | $ 7.1 Billion |
Global Carbon Fiber Resin Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.6% |
Market Split by Raw Material Type |
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Market Split by Fiber Type |
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Market Split by Product Type |
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Market Split by Modulus |
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Market Split by Application |
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Market Split by End-Use Industry |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Carbon Fiber Resin industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Carbon Fiber Resin Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Carbon fiber resins are made from graphite and other components and are heated during processing to create finished fibers. These resins are perfect for both the inside and outside of airplanes because of their exceptional power, superior staining and immunity to corrosion, and excellent speeds. The necessity for lighter automobiles and rising motor demand will propel the expansion of the carbon fiber industry. Two major variables influencing the business forecast are the requirement for energy-efficient cars and stringent regulatory rules addressing carbon dioxide emissions.
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In March 2024, Mitsubishi Chemical Group's Growth Garage, jointly with its collaborators, launched the 3D Printer printing FGF Development Contest. The innovative program is intended to promote joint creation among cutting-edge enterprises and 3D printing leaders. (Source: https://www.mcgc.com/english/news_release/01887.html
Top Companies Market Share in Carbon Fiber Resin Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America emerged as the dominant region in the carbon fiber resin market because of the strong expansion in the automobiles, solar power, aviation, and security sectors, as well as growing demand for powerful resins, particularly from the aviation industry.
Asia-Pacific stands out as the fastest-growing region in the carbon fiber resin market because the rapidly expanding cities and rising expenditures on construction projects are factors contributing to the region's development. In addition, the area's consumption of goods is being driven by increased investments in energy efficiency, aircraft, transportation, and security.
The current report Scope analyzes Carbon Fiber Resin Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Carbon Fiber Resin Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Carbon Fiber Resin Industry growth. Carbon Fiber Resin market has been segmented with the help of its Raw Material Type, Fiber Type Product Type, and others. Carbon Fiber Resin market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, PAN is the dominant category. Because of its exceptional material characteristics. In addition, PAN's lower cost in comparison to pitch-based fiberglass and the need for carbon fiber with a higher durability-to-weight proportion is anticipated to fuel this category's future market expansion.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Carbon Fiber Resin Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Carbon Fiber Resin Market.
Some of the key Fiber Type of Carbon Fiber Resin are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.
Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Carbon Fiber Resin Market is witnessing significant growth in the near future.
In 2023, the PAN segment accounted for noticeable share of global Carbon Fiber Resin Market and is projected to experience significant growth in the near future.
The Virgin segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Toray Industries Inc., Teijin Limited (Japan) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Raw Material Type | PAN, Pitch |
Fiber Type | Virgin, Recycled |
Product Type | Continuous carbon Fiber, Long Carbon Fiber, Short Carbon Fiber |
Modulus | Standard, Intermediate, High |
Application | Composites, Non-Composites |
End-Use Industry | Aerospace & Defense, Wind Energy, Automotive, Pipes, Sporting Goods, Medical & Healthcare, Construction & Infrastructure, Pressure Vessels |
List of Competitors | Toray Industries Inc., (Japan), Teijin Limited (Japan), Mitsubishi Chemical Group Corporation (Japan), Hexcel Corporation (US), Solvay (Belgium), SGL Carbon (Germany), Hyosung Advanced Materials (South Korea), Zhongfu Shenying Carbon Co., Ltd. (China), Kureha Corporation (Japan), DowAksa (Turkey), Jilin Chemical Fiber Group Co., Ltd. (China), Jiangsu Hengshen Co., Ltd. (China), Anshan Sinoda Carbon Fibers Co., Ltd. (China), China National Bluestar (Group) Co., Ltd. (China) |
This chapter will help you gain GLOBAL Market Analysis of Carbon Fiber Resin. Further deep in this chapter, you will be able to review Global Carbon Fiber Resin Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Raw Material Type Analysis 2019 -2031, will provide market size split by Raw Material Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Raw Material Type Analysis 2019 -2031
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Chapter 11 Market Split by Fiber Type Analysis 2019 -2031
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Chapter 12 Market Split by Product Type Analysis 2019 -2031
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Chapter 13 Market Split by Modulus Analysis 2019 -2031
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Chapter 14 Market Split by Application Analysis 2019 -2031
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Chapter 15 Market Split by End-Use Industry Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Carbon Fiber Resin market
Chapter 16 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why PAN have a significant impact on Carbon Fiber Resin market? |
What are the key factors affecting the PAN and Pitch of Carbon Fiber Resin Market? |
What is the CAGR/Growth Rate of Virgin during the forecast period? |
By type, which segment accounted for largest share of the global Carbon Fiber Resin Market? |
Which region is expected to dominate the global Carbon Fiber Resin Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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