Global Carbon Composites Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Carbon composites are materials which contain carbon fiber reinforcements. It enhances the properties of materials such as rigidity and strength. It has major applications in various industries such as Sports and Leisure, Aerospace and Defense, Automotive, Wind Turbines, Civil Engineering, Marine Applications, and Others. The carbon composites market has witnessed beneficial growth with the rising demand for aerospace and defense sectors. According to the Federal Aviation Administration (FAA) in 2017, the total aircraft fleet is projected to grow to around 8,290 by 2038, from 7,141 in 2017, with an annual growth rate of around 0.7% per year. Additionally, according to the IBEF 2020, the number of airplanes is projected to reach 1,100 planes by 2027. The increasing adoption and demand for wind energy is another major factor boosting the market growth. Whereas growing investment by end-user industries and favourable initiatives by market players creates lucrative opportunity for the market. However, higher manufacturing cost impedes the market growth over the forecast period of 2022-2028.
The key regions considered for the global Carbon Composites market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is expected to dominate the market with lucrative growth rate in the forecast period owing to the factors such as rising demand for carbon composites by end-user industries such as construction, aerospace, sports and leisure, etc. Additionally, rising R&D activities by the key players present across the region. Whereas, Latin America is projected to grow with the highest CAGR rate in the coming years owing to the rising investment in the aerospace and construction industries. Increasing demand and adoption of wind energy is another major factor pushing the market growth over the forecast period.
Major market players included in this report are:
Toray Industries Incorporation
SGL Group
Solvay
Mitsubishi Rayon
Jiangsu Hengshen
Hexcel Corporation
DowAksa
Formosa Plastics Corporation
Zhongfu Shenying Carbon Fibre Co. Ltd.,
Toho Co. Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Matrix:
Hybrid,
Metal,
Ceramic,
Carbon,
Polymer
By Process:
Prepreg Layup Process,
Pultrusion and Winding,
Wet Lamination,
Infusion Process,
Press and Injection Processes,
other processes
By Application:
Aerospace and Defense
Automotive
Wind Turbines
Sport and Leisure
Civil Engineering
Marine Applications
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Carbon Composites Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Carbon Composites Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Carbon Composites Market, by Matrix, 2020-2028 (USD Billion)
- 1.2.3. Carbon Composites Market, by Process, 2020-2028 (USD Billion)
- 1.2.4. Carbon Composites Market, by Application, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Carbon Composites Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Carbon Composites Market Dynamics
- 3.1. Carbon Composites Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising demand for Aerospace and Defence Sector
- 3.1.1.2. Increasing adoption and demand for Wind Energy Sector
- 3.1.2. Market Challenges
- 3.1.2.1. Higher manufacturing cost
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing investment by end-user industries
- 3.1.3.2. Favourable initiatives by market players
Chapter 4. Global Carbon Composites Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Carbon Composites Market, by Matrix
- 6.1. Market Snapshot
- 6.2. Global Carbon Composites Market by Matrix, Performance - Potential Analysis
- 6.3. Global Carbon Composites Market Estimates & Forecasts by Matrix, 2018-2028 (USD Billion)
- 6.4. Carbon Composites Market, Sub Segment Analysis
- 6.4.1. Hybrid
- 6.4.2. Metal
- 6.4.3. Ceramic
- 6.4.4. Carbon
- 6.4.5. Polymer
Chapter 7. Global Carbon Composites Market, by Process
- 7.1. Market Snapshot
- 7.2. Global Carbon Composites Market by Process, Performance - Potential Analysis
- 7.3. Global Carbon Composites Market Estimates & Forecasts by Process, 2018-2028 (USD Billion)
- 7.4. Carbon Composites Market, Sub Segment Analysis
- 7.4.1. Prepreg Layup Process
- 7.4.2. Pultrusion and Winding
- 7.4.3. Wet Lamination and Infusion Process
- 7.4.4. Press and Injection Processes
- 7.4.5. other processes
Chapter 8. Global Carbon Composites Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Carbon Composites Market by Application, Performance - Potential Analysis
- 8.3. Global Carbon Composites Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)
- 8.4. Carbon Composites Market, Sub Segment Analysis
- 8.4.1. Aerospace and Defense
- 8.4.2. Automotive
- 8.4.3. Wind Turbines
- 8.4.4. Sport and Leisure
- 8.4.5. Civil Engineering
- 8.4.6. Marine Applications
- 8.4.7. Other Applications
Chapter 9. Global Carbon Composites Market, Regional Analysis
- 9.1. Carbon Composites Market, Regional Market Snapshot
- 9.2. North America Carbon Composites Market
- 9.2.1. U.S. Carbon Composites Market
- 9.2.1.1. Matrix breakdown estimates & forecasts, 2018-2028
- 9.2.1.2. Process breakdown estimates & forecasts, 2018-2028
- 9.2.1.3. Application breakdown estimates & forecasts, 2018-2028
- 9.2.2. Canada Carbon Composites Market
- 9.3. Europe Carbon Composites Market Snapshot
- 9.3.1. U.K. Carbon Composites Market
- 9.3.2. Germany Carbon Composites Market
- 9.3.3. France Carbon Composites Market
- 9.3.4. Spain Carbon Composites Market
- 9.3.5. Italy Carbon Composites Market
- 9.3.6. Rest of Europe Carbon Composites Market
- 9.4. Asia-Pacific Carbon Composites Market Snapshot
- 9.4.1. China Carbon Composites Market
- 9.4.2. India Carbon Composites Market
- 9.4.3. Japan Carbon Composites Market
- 9.4.4. Australia Carbon Composites Market
- 9.4.5. South Korea Carbon Composites Market
- 9.4.6. Rest of Asia Pacific Carbon Composites Market
- 9.5. Latin America Carbon Composites Market Snapshot
- 9.5.1. Brazil Carbon Composites Market
- 9.5.2. Mexico Carbon Composites Market
- 9.6. Rest of The World Carbon Composites Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Toray Industries Incorporation
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. SGL Group
- 10.2.3. Solvay
- 10.2.4. Mitsubishi Rayon
- 10.2.5. Jiangsu Hengshen,
- 10.2.6. Hexcel Corporation
- 10.2.7. DowAksa
- 10.2.8. Formosa Plastics Corporation
- 10.2.9. Zhongfu Shenying Carbon Fibre Co. Ltd.,
- 10.2.10. Toho Co. Ltd.
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption