Opportunities in the carbon fiber market have evolved through a number of stages i.e. CFRP first used in jet engines to MRI and x-ray table. Lucintel has found the future of this market to be promising; the carbon fiber market is expected to reach $5.3 billion by 2028 with a CAGR of 6.8%. In this market, PAN based is the largest segment by precursor type, whereas industrial is largest by end use industry. Players can benefit from the available opportunities like demand from the industries of aerospace, automotive, and wind energy.
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Toray Industries Inc., Hexcel Corporation, Mitsubishi Rayon Corporation Limited, Cytec Solvay Group, SGL Carbon Group, Teijin Limited, Formosa Plastics Corporation, DowAksa, Hyosung Corporation, Nippon Graphite Fiber Corporation, Kureha Corporation, Osaka Gas Chemical Corporation Ltd., Dalian Xingke Carbon Fiber Co., Jilin Jiyan High-Tech Fibers, Anshan Sinocarb Carbon Fibers Co., Ltd., Sinosteel Jilin Carbon Co., Ltd., Weihai Tuozhan Fiber , Zhongheng New Material, Zhongfu Shenying Carbon Fiber Co., Ltd., and Jiangsu Hengshen Fiber Materials Co., Ltd. are some of the comPAN basedies profiled in this report.
Some of the features of this report:
• Market size estimates: Carbon fiber market size estimation in terms of value ($M) shipment.
• Trend and forecast analysis: Market trend (2017-2022) and forecast (2023-2028) by various segments and regions.
• Segmentation analysis: Carbon fiber market size by various end use, precursor type, tow size, modulus, and region in terms of value and volume shipment.
• Regional analysis: Carbon fiber market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth opportunities: Analysis on growth opportunities in different end use, precursor type, tow size, modulus and regions of carbon fiber in the carbon fiber market.
• Strategic analysis: This includes M&A, new product development, and competitive landscape of carbon fiber in the carbon fiber market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

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This exclusive report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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