Germany Aerospace Carbon Fiber Market Size, Share, Forecast 2020-2026


Posted August 19, 2020 by rishabh3210

Germany Aerospace Carbon Fiber Market Size, Share, Forecast 2020-2026Germany Aerospace Carbon Fiber Market Size, Share, Forecast 2020-2026
 
Germany aerospace carbon fiber market is estimated to grow significantly during the forecast period owing to the presence of well-developed aviation industry. Eurofighter GmbH and Airbus have their manufacturing unit in the country. Eurofighter is owned by Airbus Defense and Space, BAE Systems Military Air & Information, and Leonardo. The country has a major manufacturing site for the Airbus and employs around 46,000 people and had 10,000 external suppliers. Carbon fiber is widely used in aerospace, rocket, missile, and flight equipment owing to its unique and excellent physical and chemical properties. Therefore, the presence of sa well-developed aviation sector in the country creates demand for composite materials such as carbon fiber and hence drives the growth of the market.

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Germany aerospace carbon fiber market is segmented on the basis of raw material, fiber type, and application. On the basis of raw material, the market is sub-segmented into PAN and petroleum pitch & rayon. PAN is the predominant precursor for carbon fiber due to superior strength and stability, and higher carbon yield. PAN-based carbon fiber is widely used in the aerospace industry. Based on the fiber type, the market is classified into virgin aerospace carbon fiber and recycled aerospace carbon fiber. Based on the application, the market is classified into commercial aviation, military aviation, and rotorcrafts.

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Market Segmentation

Germany Aerospace Carbon Fiber Market by Raw Material

Polyacrylonitrile (PAN)
Petroleum Pitch & Rayon

Germany Aerospace Carbon Fiber Market by Fiber Type

Virgin Carbon Fiber
Recycled Carbon fiber

Germany Aerospace Carbon Fiber Market by Application

Commercial Aviation
Military Aviation
Rotorcrafts

Company Profiles

ELG Carbon Fibre Ltd.
Hexcel Corp.
Muhr Und Bender KG
Polar Manufacturing Ltd.
Solvay SA
SGL Carbon SE
Sigmatex Ltd.
Toray Industries, Inc.
Teijin Ltd.

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Tags germany aerospace carbon fiber market size , share , forecast 20202026
Last Updated August 19, 2020