According to a market report by Lucintel, the future of the global standard modulus carbon fiber market looks promising with opportunities in the aerospace & defense, wind energy, marine, transportation, construction, electrical & electronic, and sporting good markets. The global standard modulus carbon fiber market is expected to grow with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are increasing demand from automotive & aerospace industries, growing emphasis on lightweight materials for fuel efficiency, and expanding applications in wind energy & sporting goods sectors.
A more than 150-page report to understand trends, opportunity and forecast in standard modulus carbon fiber market to 2030 by product type (PAN based and pitch based), tow size (small tow (<=24k) and large tow (>24k)), end use (aerospace & defense, wind energy, marine, transportation, construction, electrical & electronics, sporting goods, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product type category, PAN based will remain the larger segment over the forecast period.
Within the end use category, aerospace & defense is expected to witness the highest growth.
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In terms of regions, APAC is expected to witness highest growth over the forecast period.
Toray Industries, Hexcel Corporation, Mitsubishi Chemical Corporation, Solvay, SGL Carbon Group, Teijin Limited, Formosa Plastics Corporation, DowAksa, Hyosung Corporation, Nippon Graphite Fiber Corporation are the major suppliers in the standard modulus carbon fiber market.
This unique research report 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 write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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