According to a new country report published by Lucintel, the future of the carbon fiber market in the United States looks attractive with opportunities in the aerospace, industrial, and sporting goods industries. The carbon fiber market in the United States is primarily driven by growing demand for high performance and lightweight composite materials and increasing performance requirements in the end use industries.
This report studies factors affecting the carbon fiber market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that aerospace will be the largest end use industry by value and the industrial segment will witness the highest growth by volume during the forecast period. Increasing demand for high performance lightweight materials in the automotive industry and growing demand for carbon composites in wind turbine with the increasing length of wind blades are driving market growth over the forecast period. Within the carbon fiber market in the United States, large tow (greater than 24k) is expected to remain the largest segment by volume and witness the highest growth over the forecast period because of its price performance-trade off, which leads to higher use in the industrial applications.
Emerging trends, which have a direct impact on the dynamics of the carbon fiber industry, include the emergence of new applications and initiatives to innovate and commercialize the use of alternative precursors to reduce the manufacturing costs of carbon fiber.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the carbon fiber market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Carbon Fiber Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the carbon fiber market in the United States by end use industry, precursor, tow size, and modulus as follows:
Carbon Fiber Market by End Use Industry [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• Aerospace
>Commercial
>Defense
>Regional Jets
>Helicopter
>General Aviation
>Space
• Industrial
>Transportation/Automotive
>Wind Energy
>Electrical and Electronics (E&E)
>Civil/Construction
>Marine
>Others
• Sporting Goods
>Golf
>Fishing Pole
>Racket
>Skis, Snowboards and Other Winter Games
>Others
Carbon Fiber Market by Precursor Type [Volume (M lbs) and $M shipment analysis for 2014 – 2025]:
• PAN Based Carbon Fiber
• Pitch Based Carbon Fiber
Carbon Fiber Market by Tow Size [Volume (M lbs) shipment analysis for 2014 – 2025]:
• Small Tow (≤24k)
• Large Tow(<24k)
Carbon Fiber Market by Modulus [Volume (M lbs) shipment analysis for 2014 – 2025]:
• Standard
• Intermediate
• High
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/carbon-fiber.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com