Dublin, Sept. 30, 2013 (GLOBE NEWSWIRE) -- Research and Markets
(http://www.researchandmarkets.com/research/7p2b4s/carbon_fibers_and) has announced the addition of the "Carbon Fibers & Carbon Fiber Reinforced Plastics (CFRP) - A Global Market Overview" report to their offering.
Global Carbon Fibers Market to touch 141k MTs by 2020 while Composites to reach 210k MTs
Carbon fibers have gained an immense importance in a range of applications in industrial sectors. According to the report, the global market for Carbon Fibers and Carbon Fiber Composites is mainly driven by the wind energy, aerospace & Defense and Sports & Leisure sectors which are estimated to consume 11.3k MTs, 9.4k MTs and 8.3k MTs by the year 2013.
Global volume demand for CFRP, estimated at around 67 thousand metric tons in 2012, is expected to maintain a 2012-2020 CAGR of 15.3% to reach 210 thousand metric tons by 2020. In terms of value, demand for CFRP, estimated at US$10.25 billion in 2012 is expected to record a CAGR of 11.9% over 2012-2020 in reaching US$25.2 billion by 2020.
In tandem with the CFRP market, global demand for carbon fibers in terms of volume, estimated at 45 thousand metric tons in 2012 and forecast to be 51.7 thousand metric tons in 2013, is further projected to reach 141 thousand metric tons by 2020, registering a 2012-2020 CAGR of 15.4%. In terms of value, consumption of carbon fibers globally is estimated to stand at US$2.03 billion in 2012 and projected to reach around US$5 billion by 2020.
The study reviews, analyzes and projects the global market for Carbon Fibers and Carbon Fiber Reinforced Plastics (CFRP) for the period 2008-2020 while discussing the global Carbon Fiber installed capacities. The report also focuses on current market trends and future strategies of the industry.
Market for Carbon Fibers and Carbon Fiber Reinforced Plastics application areas analyzed in the study include aerospace & defense, sporting goods & leisure and industrial applications such as automotive, wind energy, pressure vessels, construction & infrastructure, compounds for electrical/electronic applications, oil & gas applications and others. Further, the report estimates and projects the global market for both carbon fiber reinforced plastics and carbon fibers for the period 2008-2020, in terms of volume (metric tons) as well as value (US$ million) by geographic regions including North America, Europe, Japan, Asia and Rest of World.
The report features 74 key global players comprising 27 Carbon Fiber, 6 Recycle Carbon Fiber and 41 Carbon Fiber Composite manufacturers. The report includes the listing of 54 companies that are engaged manufacturing of carbon fibers, recycled carbon fibers, carbon fiber precursors and low-cost carbon fiber research and development. The study also provides Carbon Fiber Composites global list of 209 players encompasses the companies that are engaged in manufacturing, supplying, molding and fabricating the carbon fiber composites.
Key Topics Covered
PART A: GLOBAL MARKET PERSPECTIVE
2. KEY MARKET TRENDS
3. INDUSTRY LANDSCAPE
4. GLOBAL MARKET OVERVIEW
PART B: REGIONAL MARKET PERSPECTIVE
1. NORTH AMERICA
5. REST OF WORLD
PART C: GUIDE TO THE INDUSTRY
PART D: ANNEXURE
1. RESEARCH METHODOLOGY
2. THE QUESTIONNAIRE
Charts & Graphs
For more information visit http://www.researchandmarkets.com/research/7p2b4s/carbon_fibers_and
Source:Research and Markets