According to the recent study the carbon fiber textile market is projected to reach an estimated $4.0 billion by 2030 from $2.5 billion in 2023, at a CAGR of 6.0% from 2023 to 2030. Growth in this market is primarily driven by growing demand for lightweight and high performance composite materials in transportation, marine, wind energy, aerospace/defense, and construction industries.
Browse 123 figures / charts and 94 tables in this 214 -page report to understand trends, opportunities and forecast in carbon fiber textile market by end use (transportation, marine, wind energy, aerospace and defense, construction, consumer goods, and others), product type (woven textiles and non-woven textiles), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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Lucintel forecasts that wind energy will remain the largest end use by value and volume and it is also expected to witness the highest growth over the forecast period due to higher strength and stiffness properties.
Woven textile will remain the largest segment due to its wide application area in transportation, aerospace/defense, and wind energy industries. The non-woven textile is expected to witness highest growth over the forecast period due to its better drapability, optimization in component design, and de-lamination resistance.
Europe is expected to remain the largest region due to presence of leading carbon fiber composite component manufacturers and ROW is expected to witness the highest growth over the forecast period due to growing end use industries in the region.
Saertex Group, Sigmatex (UK) Ltd., VECTORPLY CORPORATION, Chomarat, BGF Industries, SGL Group, Hexcel, SELCOM S.R.L, and Toray Industries, Inc. are the major suppliers in the carbon fiber textile providers.
This unique research report will 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 write us at [email protected]
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Lucintel
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