Dublin, Sept. 30, 2020 (GLOBE NEWSWIRE) -- The "Global Automotive Carbon Fiber Market 2020-2026" report has been added to ResearchAndMarkets.com's offering.
The global automotive carbon fiber market is estimated to grow significantly during the forecast period. The major factors that propel market growth include the rising application of carbon fiber in the automotive sector coupled with significant adoption of lightweight vehicles due to fuel efficiency. Carbon fibers are widely used in the automobile industry as a whole or with other composites. Various automotive components on which carbon fiber cladding are used, include ducting, manifolds, cryogenic assemblies, high-temperature pipework assemblies, and so on. Further growing demand in EV industry further provide significant opportunity to the market growth in the near future.
The global automotive 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 automotive industry. Based on the fiber type, the market is classified into virgin automotive carbon fiber and recycled automotive carbon fiber. Based on the application, the market is classified into the interior, exterior, structural assembly, and others.
Geographically, the study of the global automotive carbon fiber market report covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, China, India, and Rest of Asia-Pacific), and the Rest of the World. Among, region Asia-Pacific is projected to have a considerable growth in the global automotive carbon fiber market.
The companies which are contributing to the growth of the global automotive carbon fiber market include Hexcel Corp., Teijin Ltd., Mitsubishi Chemical Holdings Corp., SGL Carbon SE, Toray Industries, Inc., and others. The market players are considerably contributing to the market growth by adopting various strategies including new product launch, merger, and acquisition, collaborations to stay competitive in the market.
Research Methodology:
The market study of the global automotive carbon fiber market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report is intended for automotive carbon fiber market players, automobile industry, contract manufacturers, third-party suppliers, raw material suppliers, distributors & traders, industry associates & experts, government organizations, regulatory bodies, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis on market size, products offered by the companies, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
Market Segmentation:
1. Global Automotive Carbon Fiber Market Research and Analysis by Raw Material
2. Global Automotive Carbon Fiber Market Research and Analysis by Fiber Type
3. Global Automotive Carbon Fiber Market Research and Analysis by Application
The Report Covers:
- Comprehensive research methodology of the global automotive carbon fiber market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global automotive carbon fiber market.
- Insights about market determinants which are stimulating the global automotive carbon fiber market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Key Topics Covered:
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Hexcel Corp.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Teijin Ltd.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Mitsubishi Chemical Holdings Corp.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. SGL Cabon SE
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Toray Industries, Inc.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Automotive Carbon Fiber Market by Raw Material
5.1.1. Polyacrylonitrile (PAN)
5.1.2. Petroleum Pitch & Rayon
5.2. Global Automotive Carbon Fiber Market by Fiber Type
5.2.1. Virgin Carbon Fiber
5.2.2. Recycled Carbon fiber
5.3. Global Automotive Carbon Fiber Market by Application
5.3.1. Interior
5.3.2. Exterior
5.3.3. Structural Assembly
5.3.4. Others (Powertrain Components)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Carbon Revolution Ltd.
7.2. DowAksa Advanced Composites Holdings BV
7.3. Formosa Plastics Corp.
7.4. Hexcel Corp.
7.5. Hyosung Corp.
7.6. Jiangsu Hengshen Co. Ltd.
7.7. Mitsubishi Chemical Holdings Corp.
7.8. Muhr Und Bender KG
7.9. Nippon Carbon Co. Ltd.
7.10. Polar Manufacturing Ltd.
7.11. RTP Co.
7.12. Solvay SA
7.13. SGL Carbon SE
7.14. Sigmatex Ltd.
7.15. Taekwang Industrial Co. Ltd.
7.16. Toray Industries, Inc.
7.17. Teijin Ltd.
7.18. UMATEX, ROSATOM State Corp.
7.19. Weihai Guangwei Composites Co., Ltd.
7.20. ZHONGFU SHENYING CARBON FIBER CO., LTD.
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