• 出版社/出版日：Mordor Intelligence / 2018年5月8日
• 産業分類：Chemicals & Materials
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The carbon fiber market was valued at USD 2,859.26 million in 2017 and is expected to reach USD 6,096.95 million by 2023, registering a CAGR of 13.45% during the forecast period (2018 – 2023). The major market drivers for carbon fiber market are growing demand in the retail sporting goods market, emerging wind energy applications, and increasing demand in the aerospace industry. Increasing automotive demand, along with the rising need for lightweight vehicles, is expected to drive the market demand during the forecast period.
Soaring Demand for Fuel-efficient and Lightweight Vehicles
The increase in overall need for fuel-efficient vehicles, along with government regulations regarding automotive pollution, is anticipated to play a key role in driving the market. In the United States, the government has increased the fuel efficiency requirements for new automobiles to 54.5 miles per gallon by 2025 for the United States market, therefore, companies have started using materials such as carbon fiber to make vehicles lightweight and fuel-efficient. Carbon fiber is replacing metal in many automotive applications due to its light weight, which contributes to lesser fuel consumption. Automotive manufacturers such as BMW, Mercedes-Benz, McLaren, Chevrolet, and Lamborghini, among several others, have committed themselves to increasing the usage of carbon fiber in their vehicles as they contribute to reduction in weight.
Aerospace – The Fastest Growing Segment by Usage
The growing aerospace industry in North America and Europe is anticipated to fuel demand in the carbon fiber market. Increasing demand for commercial aviation on account of increased disposable income and globalization plays a key role in driving the growth across the aerospace industry. The rapidly growing aviation industry is further expected to expand the application of carbon fiber in the air transport sector. Aircraft manufacturers, such as Boeing and Airbus, are utilizing carbon fibers in the manufacturing of aircrafts and aircraft parts, which, in turn, is aiding in reducing the weight of aircrafts by approximately 50%. The increased penetration of carbon fiber in the automotive industry and defense sector will also drive the market growth.
North America to Dominate the Market
North America is expected to register the highest demand for carbon fiber, owing to the surge in demand from aerospace and defense, automotive, wind turbine, and sports/leisure industries. This region is marked by a large concentration of the main aircraft makers such as Airbus and critical defense instruments manufacturers in the area. Automobile giants in North America focus on manufacturing high-performance cars with reduced weight, further driving the market in this region.
By revenue, Toray Industries Inc. is the leader with the highest market share, followed by Teijin and Mitsubishi. Formosa and SGL group are the fourth and fifth ranked players by revenue. The other players in the market have fragmented revenue sources from their tie-ups or strategic business with end users.
March 2018: Toray to purchase TenCate to expand carbon fiber business.
March 2018: Toray and Safran sign an implementation agreement for the supply
of higher performance carbon fiber composite.
Major Players: Toray Industries Inc., Hexcel Corp., Mitsubishi Rayon Co. Ltd., SGL Group, and Formosa Plastics and Teijin Ltd, among others.
Reasons to Purchase the Report
To understand the impact of end-user applications on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Countries expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3 month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
The report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs.レポート目次
1.1 Research Phases
1.2 Scope of the Market
1.3 Study Deliverables
2. Executive Summary
3. Market Insight
3.1 Industry Attractiveness – Porter’s Five Force Analysis
3.1.1 Bargaining Power of Suppliers
3.1.2 Bargaining Power of Consumers
3.1.3 Threat of New Entrants
3.1.4 Threat of Substitute Products And Services
3.1.5 Degree of Competition
3.2 Industry Value Chain Analysis
3.3 Patent Analysis
3.4 Price Analysis
3.5 Recycled Carbon Fiber
3.6 Supply-Demand Analysis
4. Market Dynamics
4.1.1 Increasing Demand for Fuel-efficient Vehicles
4.1.2 Accelerating Usage in Aerospace and Defense
4.1.3 Shifting Focus on Production of Electricity/Energy from Renewable Sources
4.1.4 Increases Demand in Sporting Goods/Leisure Industry
4.2.1 High R&D Investment and Cost
4.3.1 Increasing Application in Wind Energy Sector
4.3.2 Growing Popularity of Recycled Carbon Fiber (RCF)
4.3.3 Emphasis on Lignin as Raw Material for Carbon Fibers
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Raw Material
5.1.1 Polyacrylonitrile (PAN)
5.1.2 Petroleum Pitch
5.2 By Type
5.2.1 Virgin Fiber (VCF)
5.2.2 Recycled Fiber (RCF)
5.3 By Application
5.3.1 Composite Materials
18.104.22.168 Carbon Fiber-reinforced Polymer (CFRP)
22.214.171.124 Reinforced carbon-carbon (RCC)
5.4 By End-user Industry
5.4.1 Aerospace and Defense
5.4.3 Sporting Goods
5.4.4 Wind Energy
5.4.5 Construction and Infrastructure
5.4.6 Other Industries
6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.4 Rest of North America
6.3.2 United Kingdom
6.3.5 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa
7. Competitive Landscape
7.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis***
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.1 A&P Technology
8.2 Adherent Technologies Inc.
8.3 Applied Sciences Inc.
8.4 Carbon Conversions
8.5 CFK Valley Stade Recycling GmbH & Co.
8.6 Cytec Solvay Group
8.7 ELG Carbon Fibre Ltd. (Recycled Carbon Fibers)
8.8 Formosa Plastics Corporation – Tairylan Division
8.9 Hexcel Corp.
8.10 Holding Company Composite (HCC)
8.11 Materials Innovation Technologies LLC
8.12 Mitsubishi Rayon Co. Ltd
8.13 Nippon Graphite Fiber Corp.
8.14 Quickstep Technologies
8.16 SGL Group – The Carbon Co.
8.17 Teijin Ltd.
8.18 Toho Tenax Co. Ltd
8.19 Toray Industries Inc.
8.20 Vartega Inc.
*List not exhaustive
**Subject to availability on public domain