An exciting new study from the team of Lucintel found that carbon fiber market is expected to reach $3.5billion by 2026 with a CAGR of 5.5%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The carbon fiber market is segmented based on end use industry, precursor type, tow size, modulus, and region. In this market, pan is the largest segment by precursor type, whereas industrial is largest by end use industry. Players can benefit from the available opportunities like demand from the industries of aerospace, automotive, and wind energy.
The emergence of new applications and initiatives to innovate and commercialize the use of alternative precursors to reduce the manufacturing costs of carbon fiber are emerging trends having impact on dynamics of the industry.
Toray, Mitsubishi, Teijin, Hexcel, SGL, and Cytec Solvay Groupare some of the major players profiled in this 314 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the carbon fiber market by end use industry (aerospace, industrial and sporting goods), precursor type (PAN, and pitch), tow size (small tow (less than equal to 24k), and large tow (more than 24k), modulus (standard, intermediate, and high), and region (North America, Europe, and the Rest of the World (including Asia Pacific))?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the carbon fiber market?
Q.4 What are some changing demands of customers in the carbon fiber market?
Q.5 What are the new developments in the carbon fiber market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this carbon fiber area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this carbon fiber market?
This unique report from Lucintelwill enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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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.