Market Research Reports

Carbon Fiber Market (PAN-based, Pitch-based and Others) for Wind Energy, Automotive, Aerospace and Defense, Sports, Construction and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

96pages
Published Date: 2014-09-12
 

Description



The report analyzes and forecasts the market for carbon fiber on the global and regional level. Demand has been forecast based on volumes (kilo tons) and revenue (USD million) from 2014 to 2020. The study includes drivers and restraints for the carbon fiber market along with their impact on demand during the forecast period. The report also comprises the study of opportunities available in the carbon fiber market on the global and regional level. 

We have included a detailed value chain analysis to provide a comprehensive view of the carbon fiber market. Analysis of Porter’s five forces model for the carbon fiber market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the carbon fiber market by segmenting it in terms of products and end-users. All the products and end-user segments have been analyzed based on present and future trends, and the market has been estimated from 2014 to 2020. Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific and Rest of the World (RoW). The report also includes demand for individual applications and product segments in all the regions.

The study includes company profiles of major participants operating in the global carbon fiber market. Key market players profiled in the report comprise Toray Industries, Teijin Ltd, Hexcel Corporation, Cytec Industries, Mitsubishi Rayon Co., Ltd. and others. Market players are profiled with attributes such as company overview, financial overview, business strategies and recent developments.

The report provides the market size of carbon fiber for 2013, and forecast for the next six years. The global market size of carbon fiber is provided in terms of both volume as well as revenue. Market volumes are defined in kilo tons, while market revenue is in USD million. Market numbers are estimated based on various product segments of carbon fiber and key end-user markets. Market size and forecast for each major end-user is provided in the context of the global as well as regional market.

In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants’ insights and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, Plastemart magazine, TPE magazine, internal and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoovers, Onesource, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases and webcasts specific to companies operating in the market.

Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc. Furthermore, these help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

The report segments the global carbon fiber market as:

Carbon Fiber Market - Product Segment Analysis
  • PAN-based
  • Pitch-based
  • Others (including rayon-based, etc.)
Carbon Fiber Market - End-user Analysis
  • Wind Energy
  • Automotive
  • Aerospace and Defense
  • Sports
  • Construction
  • Others (including marine, etc.)
Carbon Fiber Market - Regional Analysis
  • North America
  • Europe
  • Asia Pacific
  • RoW (South America, Africa and the Middle East)

Table of Contents



Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
      1.2.1 Global carbon fiber market segmentation, product segment, end-user, and region
1.3 Research scope
      1.3.1 Assumptions
1.4 Research methodology

Chapter 2 Executive Summary
2.1 Global carbon fiber market, 2013 - 2020 (Kilo Tons) (USD Million)

Chapter 3 Carbon Fiber – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
      3.3.1 Growing retail sporting goods market expected to drive the carbon fiber market
               3.3.1.1 Global retail sporting goods market revenue, 2013 – 2020 (USD Billion)
      3.3.2 Emerging wind energy applications predicted to propel the carbon fiber market
               3.3.2.1 Global cumulative installed wind capacity, 2013 – 2020 (MW)
      3.3.3 Increasing demand from aerospace industry projected to boost the carbon fiber market
               3.3.3.1 Global large commercial aircraft delivery, 2013 – 2020 (Aircraft Units)
3.4 Restraints
      3.4.1 Higher price of carbon fiber anticipated to hamper the growth of carbon fiber market
               3.4.1.1 Cost of Carbon Fiber in various sectors in 2013 (USD/Kg)
      3.4.2 Difficulty in recycling of carbon fiber components expected to act as a restraint for carbon fiber market
3.5 Opportunities
      3.5.1 Growth in automobile sector anticipated to offer lucrative opportunity to the carbon fiber market
               3.5.1.1 Global automotive market (cars and commercial vehicles) volume, 2013 – 2020 (Million Units)
      3.5.2 Growing construction sector expected to offer significant opportunity to the carbon fiber market
               3.5.2.1 Global construction market revenue, 2013 – 2020 (USD Billion)
3.6 Porter’s five forces analysis
      3.6.1 Bargaining power of suppliers
      3.6.2 Bargaining power of buyers
      3.6.3 Threat from new entrants
      3.6.4 Threat from substitutes
      3.6.5 Degree of competition
3.7 Market attractiveness analysis
      3.7.1 Global carbon fiber market attractiveness, by end-user, 2013
3.8 Company market share analysis
      3.8.1 Global carbon fiber market share, by company, 2013

Chapter 4 Global Carbon Fiber Market– Product Segment Analysis
4.1 Global carbon fiber market: Industry analysis by product segment
      4.1.1 Global carbon fiber market volumes share, by product segment, 2013 and 2020
4.2 Global carbon fiber market, by product segment, 2013 – 2020
      4.2.1 PAN-based carbon fiber
               4.2.1.1 Global carbon fiber market for PAN-based carbon fiber, 2013 - 2020 (Kilo Kilo Tons) (USD Million)
      4.2.2 Pitch-based carbon fiber
               4.2.2.1 Global carbon fiber market for pitch-based carbon fiber, 2013 - 2020 (Kilo Tons) (USD Million)
      4.2.3 Others (including rayon-based, polyolefin-based, etc.)
               4.2.3.1 Global carbon fiber market for other product segments, 2013 - 2020 (Kilo Tons) (USD Million)

Chapter 5 Global Carbon Fiber Market – End-user Analysis
5.1 Global carbon fiber market: Industry analysis by end-user
      5.1.1 Global carbon fiber market volume share, by end-user, 2013 and 2020
      5.1.2 Wind energy
               5.1.2.1 Global carbon fiber market for wind energy, 2013 - 2020 (Kilo Tons) (USD Million)
      5.1.3 Automotive
               5.1.3.1 Global carbon fiber market for automotive, 2013 - 2020 (Kilo Tons) (USD Million)
      5.1.4 Aerospace and defense
               5.1.4.1 Global carbon fiber market for aerospace and defense, 2013 - 2020 (Kilo Tons) (USD Million)
      5.1.5 Sports
               5.1.5.1 Global carbon fiber market for sports, 2013 - 2020 (Kilo Tons) (USD Million)
      5.1.6 Construction
               5.1.6.1 Global carbon fiber market for construction, 2013 - 2020 (Kilo Tons) (USD Million)
      5.1.7 Others (including marine, electronics, etc.)
               5.1.7.1 Global carbon fiber market for other end-users, 2013 - 2020 (Kilo Tons) (USD Million)

Chapter 6 Global Carbon Fiber Market - Regional Analysis
6.1 Global carbon fiber market: Regional overview
      6.1.1 Global carbon fiber market volume share, by region, 2013 and 2020
6.2 North America
      6.2.1 North America carbon fiber market volume, by product segment, 2013 - 2020 (Kilo Tons)
      6.2.2 North America carbon fiber market revenue, by product segment, 2013 - 2020 (USD Million)
      6.2.3 North America carbon fiber market volume, by end-user, 2013 - 2020 (Kilo Tons)
      6.2.4 North America carbon fiber market revenue, by end-user, 2013 - 2020 (USD Million)
6.3 Europe
      6.3.1 Europe carbon fiber market volume, by product segment, 2013 - 2020 (Kilo Tons)
      6.3.2 Europe carbon fiber market revenue, by product segment, 2013 - 2020 (USD Million)
      6.3.3 Europe carbon fiber market volume, by end-user, 2013 - 2020 (Kilo Tons)
      6.3.4 Europe carbon fiber market revenue, by end-user, 2013 - 2020 (USD Million)
6.4 Asia Pacific
      6.4.1 Asia Pacific carbon fiber market volume, by product segment, 2013 - 2020 (Kilo Tons)
      6.4.2 Asia Pacific carbon fiber market revenue, by product segment, 2013 - 2020 (USD Million)
      6.4.3 Asia Pacific carbon fiber market volume, by end-user, 2013 - 2020 (Kilo Tons)
      6.4.4 Asia Pacific carbon fiber market revenue, by end-user, 2013 - 2020 (USD Million)
6.5 RoW
      6.5.1 RoW carbon fiber market volume, by product segment, 2013 - 2020 (Kilo Tons)
      6.5.2 RoW carbon fiber market revenue, by product segment, 2013 - 2020 (USD Million)
      6.5.3 RoW carbon fiber market volume, by end-user, 2013 - 2020 (Kilo Tons)
      6.5.4 RoW carbon fiber market revenue, by end-user, 2013 - 2020 (USD Million)

Chapter 7 Company Profiles
7.1 Toray Industries, Inc.
      7.1.1 Company overview
      7.1.2 Product portfolio
      7.1.3 Financial overview
      7.1.4 Business strategy
      7.1.5 Recent developments
7.2 Hexcel Corporation
      7.2.1 Company overview
      7.2.2 Product portfolio
      7.2.3 Financial overview
      7.2.4 Business strategy
      7.2.5 Recent developments
7.3 Teijin Ltd.
      7.3.1 Company overview
      7.3.2 Product portfolio
      7.3.3 Financial overview
      7.3.4 Business strategy
      7.3.5 Recent developments
7.4 Mitsubishi Rayon Co., Ltd.
      7.4.1 Company overview
      7.4.2 Product portfolio
      7.4.3 Financial overview
      7.4.4 Business strategy
      7.4.5 Recent developments
7.5 Zoltek Companies, Inc.
      7.5.1 Company overview
      7.5.2 Product portfolio
      7.5.3 Financial overview
      7.5.4 Business strategy
      7.5.5 Recent developments
7.6 SGL Group – The Carbon Company
      7.6.1 Company overview
      7.6.2 Product portfolio
      7.6.3 Financial overview
      7.6.4 Business strategy
      7.6.5 Recent developments
7.7 Kureha Corporation
      7.7.1 Company overview
      7.7.2 Product portfolio
      7.7.3 Financial overview
      7.7.4 Business strategy
7.8 Cytec Industries, Inc.
      7.8.1 Company overview
      7.8.2 Product portfolio
      7.8.3 Financial overview
      7.8.4 Business strategy
      7.8.5 Recent developments
7.9 Formosa Plastics Corporation
      7.9.1 Company overview
      7.9.2 Product portfolio
      7.9.3 Financial overview
      7.9.4 Business strategy
7.10 Kemrock Industries and Exports Ltd.
      7.10.1 Company overview
      7.10.2 Product portfolio
      7.10.3 Financial overview
      7.10.4 Business strategy
      7.10.5 Recent development
7.11 DowAksa
      7.11.1 Company overview
      7.11.2 Product portfolio
      7.11.3 Business strategy
      7.11.4 Recent development

List of Figures 

FIG. 1 Global carbon fiber market segmentation, product segment, end-user, and region
FIG. 2 Global carbon fiber market, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 3 Carbon fiber : Value chain analysis
FIG. 4 Global retail sporting goods market revenue, 2013 – 2020 (USD Billion)
FIG. 5 Cost breakdown of offshore wind farm
FIG. 6 Global cumulative installed wind capacity, 2013 – 2020 (MW)
FIG. 7 Global large commercial aircraft delivery, 2013 – 2020 (Aircraft Units)
FIG. 8 Price comparison of different materials in 2013 (USD)
FIG. 9 Cost of Carbon Fiber in various sectors in 2013 (USD/Kg)
FIG. 10 Global Automobile Units, 2013 – 2020 (Million Units)
FIG. 11 Global construction market revenue, 2013 – 2020 (USD Billion)
FIG. 12 Porter’s five forces analysis for carbon fiber market
FIG. 13 Carbon fiber: Market attractiveness analysis
FIG. 14 Global carbon fiber market share, by company, 2013
FIG. 15 Global carbon fiber market volumes share, by product segment, 2013 and 2020
FIG. 16 Global carbon fiber market for PAN-based carbon fiber, 2013 - 2020 (Kilo Kilo Tons) (USD Million)
FIG. 17 Global carbon fiber market for pitch-based carbon fiber, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 18 Global carbon fiber market for other product segments, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 19 Global carbon fiber market volume share, by end-user, 2013 and 2020
FIG. 20 Global carbon fiber market for wind energy, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 21 Global carbon fiber market for automotive, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 22 Global carbon fiber market for aerospace and defense, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 23 Global carbon fiber market for sports, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 24 Global carbon fiber market for construction, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 25 Global carbon fiber market for other end-users, 2013 - 2020 (Kilo Tons) (USD Million)
FIG. 26 Global carbon fiber market volume share, by region, 2013 and 2020

List of Tables

TABLE 1 Global carbon fiber market: Snapshot
TABLE 2 Drivers for carbon fiber market: Impact analysis
TABLE 3 Restraints for carbon fiber market: Impact analysis
TABLE 4 North America carbon fiber market volume, by product segment, 2013 - 2020 (Kilo Tons)
TABLE 5 North America carbon fiber market revenue, by product segment, 2013 - 2020 (USD Million)
TABLE 6 North America carbon fiber market volume, by end-user, 2013 - 2020 (Kilo Tons)
TABLE 7 North America carbon fiber market revenue, by end-user, 2013 - 2020 (USD Million)
TABLE 8 Europe carbon fiber market volume, by product segment, 2013 - 2020 (Kilo Tons)
TABLE 9 Europe carbon fiber market revenue, by product segment, 2013 - 2020 (USD Million)
TABLE 10 Europe carbon fiber market volume, by end-user, 2013 - 2020 (Kilo Tons)
TABLE 11 Europe carbon fiber market revenue, by end-user, 2013 - 2020 (USD Million)
TABLE 12 Asia Pacific carbon fiber market volume, by product segment, 2013 - 2020 (Kilo Tons)
TABLE 13 Asia Pacific carbon fiber market revenue, by product segment, 2013 - 2020 (USD Million)
TABLE 14 Asia Pacific carbon fiber market volume, by end-user, 2013 - 2020 (Kilo Tons)
TABLE 15 Asia Pacific carbon fiber market revenue, by end-user, 2013 - 2020 (USD Million)
TABLE 16 RoW carbon fiber market volume, by product segment, 2013 - 2020 (Kilo Tons)
TABLE 17 RoW carbon fiber market revenue, by product segment, 2013 - 2020 (USD Million)
TABLE 18 RoW carbon fiber market volume, by end-user, 2013 - 2020 (Kilo Tons)
TABLE 19 RoW carbon fiber market revenue, by end-user, 2013 - 2020 (USD Million)

Enquiry Before Buying


Free Market Analysis


Carbon fibers are fibers produced from carbon that are used in the manufacture of lightweight and durable components in a wide range of industrial applications. Several types of carbon fibers are produced around the world. These include polyacrylonitrile (PAN) based, pitch-based, rayon-based and others. PAN-based carbon fibers and pitch-based carbon fibers are the key product segments of the global carbon fiber market. Components made from carbon fibers and their composites are utilized in several end-user industries such as wind energy, automotive, aerospace, sports goods, construction and others (including marine and electronics applications). Wind energy and aerospace and defense are the key end-user industries in the global carbon fiber market. In terms of revenue, the global carbon fiber market was valued at USD 1.94 billion in 2013 and is projected to reach USD 3.73 billion by 2020, expanding at a CAGR of 9.9% from 2014 to 2020. 

The PAN-based carbon fibers segment accounted for over 85% share of the global carbon fiber market in 2013. The others segment is expected to be the fastest growing segment of the global carbon fiber market in the next few years. Due to exceptional structural properties, the demand for PAN-based carbon fibers is anticipated to increase in the next few years. Increasing demand for PAN-based carbon fibers from different end-users is likely to have a positive impact on the global carbon fiber market in the next few years.

Wind energy, which accounted for more than 24%, was the largest end-user segment of the global carbon fiber market in 2013. Automotive is expected to be the fastest growing end-user segment of the global carbon fiber market in the next six years. Growing demand from sporting goods, wind energy and aerospace and defense industries is expected to drive the global carbon fiber market in the next six years. 

The global carbon fiber market is segmented based on regions. Europe, which accounted for more than 37%, was the largest regional market for carbon fiber in 2013. Growing demand from end-user industries such as wind energy, aerospace and defense and automotive is projected to drive the carbon fiber market in Europe in the future. Asia Pacific is expected to be the fastest growing regional market in the global carbon fiber market in the next few years. Rising demand for carbon fiber and their composites from emerging countries in Asia such as India and China is expected to drive the carbon fiber market in Asia Pacific in the next few years. The carbon fiber market in North America is anticipated to witness decent growth in the next six years owing to the strong recovery of the U.S. economy. Furthermore, the carbon fiber market in the RoW region is expected to record significant growth in the next few years, due to rising demand for carbon fiber from Latin America and the Middle East.

Increasing demand for carbon fiber from rapidly growing end-user industries such as wind energy, aerospace and defense and sporting goods is expected to drive the global carbon fiber market in the next few years. Furthermore, rising demand for lightweight and durable carbon fiber components in the end-user industries such as automotive and construction industries is predicted to act as a lucrative opportunity for the carbon fiber market in the next few years. However, higher price and recycling issues of carbon fiber may hamper the growth of the carbon fiber market in the next six years. Major manufacturers of carbon fiber include Toray Industries, Teijin Ltd, Hexcel Corporation, Cytec Industries, Mitsubishi Rayon Co., Ltd. and others. 
 

To get discount on this report, just click on the button below.

To receive brochure, please click on the button below.

Share This Market Study!  

Upcoming Report

Payment
Copyright @ Transparency Market Research