Asia Pacific Carbon Fiber Composite Market is set to grow at 12 % CAGR. is segmented by raw material, by end user and by country.
Asia pacific Carbon Fiber Composites Market By End-user IndustryThe growing demand for sports goods, construction, and automotive industries are driving the Asia pacific carbon fiber composite market. Rising wind energy applications and the increasing demand in the aerospace & defense industry offers an opportunity to Asia Pacific carbon fiber composite market. Recycling issues faced by the manufacturer coupled with supply chain management hampers the carbon fiber Composite market. Prolong durability along with enhanced strength of carbon fiber composite has replaced traditional materials in automotive manufacturing.
According to the end-user industry, Automotive is the leading end-user segment in the Asia pacific carbon fiber composites market. Aerospace and defense is a segment with the second-largest share in Asia pacific carbon fiber composites market. The automotive end-user segment is expected to exhibit the highest growth in Asia pacific carbon fiber composites market during the forecast. Rising utilities of the components offering superior strength with lightweight vehicle manufacturing will favor the Asia pacific carbon fiber composites market growth. Wind energy and construction and infrastructure are foreseen to gain a significant growth in the Asia pacific carbon fiber composites market.
Country-wise, the Presence of major manufacturers in the region particularly in China, Japan, South Korea, and Taiwan will positively influence the revenue of the Asia pacific carbon fiber composites market. Japanese sports goods industry is estimated to play a key role in driving the Japan carbon fiber composites market. Rugby World Cup and Tokyo Olympics in 2020 are poised with opportunities.
The objective of the report is to present a comprehensive analysis of the Asia Pacific Carbon Fiber Composite Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by Region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by Region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Asia Pacific Carbon Fiber Composite Market dynamics, structure by analyzing the market segments and project the Asia Pacific Carbon Fiber Composite Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Asia Pacific Carbon Fiber Composite Market make the report investor’s guide.
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Scope of the Asia pacific Carbon Fiber Composites Market
Asia pacific Carbon Fiber Composites Market By Raw Materials Type:
• Polyacrylonitrile
• Petroleum Pitch
Asia pacific Carbon Fiber Composites Market By End-user Industry:
• Aerospace and Defense
• Automotive
• Sporting Goods
• Wind Energy
• Construction and Infrastructure
• Other Industries
Asia pacific Carbon Fiber Composites Market By Country:
• China
• India
• Japan
• South Korea
• ASEAN Countries
• Rest of Asia-Pacific
Key Players Analysed in Asia pacific Carbon Fiber Composites Market:
• 3M
• Airborne International BV
• Australian Aerospace Composites
• AVANCO GmbH
• Benteler-SGL GmbH & Co. KG
• Composite Holding Company (CHC)
• Cytec Solvay Group
• ELG Carbon Fibre Ltd.
• Fehrer Automotive GmbH
• Formosa Plastics Corporation
• GKN Aerospace
• Goodrich Corporation
• Hexcel Corporation
• Mitsubishi
• Nippon Graphite Fiber Corporation
• SABIC Innovative Plastics
• SGL Carbon
• Teijin Ltd.
• Toho Tenax
• Toray Industries, Inc.
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