Growth Opportunities in Carbon Fiber Market 2010-2015 Publication date: April
2010, Total 440 pages, 275 figures/charts and 63 tables.
The existence of carbon fiber came into being in 1879 when Edison took out a patent
for the manufacture of carbon filaments suitable for use in electric lamps. However,
it was in the early 1960s when successful commercial production started, as the
requirements of the aerospace industry for better and lightweight materials became
of paramount importance. In recent decades, carbon fibers have found wide applications
in commercial aircraft, recreational, industrial, and transportation markets as
technologies became mature and as the prices of carbon fiber came down as shown
below.
The carbon fiber is a new breed of high-strength material. In recent
decades, carbon fibers have found wide applications in commercial aircraft (up to
50% of the structure as composites), along with recreational (about 50% penetration
in golf and fishing pole as units) and industrial (low penetration with high growth)
markets, as the price of carbon fiber has stabilized and technologies have matured.
The market for carbon fiber has experienced a good growth in recent years except
year 2009 due to the recession in various part of the world and economic chaos.
The growth rate for the last 23 years was about 10%.
Significant changes have taken place in carbon fiber market in
last 4-5 years. There was shortage of carbon fiber during 2005-2006, however market
scenario has rapidly changed due to global economic downturn. From the perspective
of carbon fiber suppliers, demand has slipped noticeably in first three quarters
of 2009 as the global economy has worsened. At the same time, supply has increased
to the degree some manufacturers now have ample supply of carbon fiber with relatively
low lead times to consumers. According to Lucintel, global carbon fiber market
is estimated to reach $2.3 billion in 2015. Lucintel has identified the best and
worst performing markets in 2009. For the next five years, the global carbon fiber
market is expected to grow 13% per year, however, individual results vary greatly
from low single digit growth to high double digit growth per year. Discover which
applications will grow the fastest and how changing penetration trends will affect
the marketplace.
Never before has there been a report addressing the markets, opportunities, materials
and technology issues of the carbon fiber market. This unique report
from Lucintel will provide you with all the valuable information and tools you will
need to operate your business successfully within the carbon fiber market. This
report will save you hundreds of hours of your own personal research time and will
significantly benefit you in expanding your business in the carbon fiber market.
In today’s stringent economy, you need every advantage that you can find to keep
ahead in your business. Learn about current and future trends, identify key players,
and explore the directions that the carbon fiber market is heading.
To make business, investment, or strategic decisions, you need timely and adequate
information. This market report fulfills this core need. This is an indispensable
reference guide for fiber suppliers, resin suppliers, molders, OEMs, investors,
researchers, executives, distributors and many more, who are dealing with the carbon
fiber market. Some of the features of this market report are:
- Properties and price comparison of various kinds of carbon fiber.
Current and future price ($ / lb) in aero and non-aero grade carbon
fiber
- Global carbon fiber market analysis with special emphasis on precursor.
Market estimates for PAN based, Pitch based carbon fiber
- Regional market analyses
have been provided
- Carbon fiber shipments in various markets and applications have been provided
- Trends (2004-2009) for the overall carbon fiber market and for its categories
- Forecasts (2010-2015)
for various market segment and applications in these segments
- Carbon fiber market distribution by manufacturing processes
- And manufacturing processes for PAN and pitch based carbon fiber
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Carbon Fiber Market Reports or call Tel.: +1-972-636-5056
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