Advanced Carbon Materials Market Revenue Drivers, Growth Opportunities, Value Chain Analysis and Forecast Research Report By 2024
“Global advanced carbon materials market size is anticipated to reach USD 5.29 billion by 2024 at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.”
The global Advanced Carbon Materials Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. Market Overview: Global advanced carbon materials market size is anticipated to reach USD 5.29 billion by 2024. The factors that propel the growth of the advanced carbon materials industry include growing demand for fiberglass products in construction, automotive and energy applications, being lightweight material, having excellent electrical properties, technological progression for the development of carbon nanomaterials, increasing demand for carbon fiber reinforced plastic (CFRP). Advanced carbon materials market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Key Players: Some of the key players that fuel the growth of the advanced carbon materials industry comprise Toho Tenex Europe Gmbh, Toray Industries Inc., Hexcel Corporation, Arkema Sa, Nippon Graphite Fiber Co. Ltd, CVD Equipment Corporation, Arry International Group Limited, Grupo Graphenano, Future carbon, Grupo Antolin, Graphenea, Mersen Group, Haydale Graphene Industries Plc, Showa Denko KK, and Nanothinx S.A. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry. Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/advanced-carbon-materials-market/requestsample
The market could be explored by product type as Carbon nanotubes, Graphene, Carbon fibers, Carbon foams, and Structural graphite. The “Carbon fibers” segment led the advanced carbon materials market in 2015 and is anticipated to maintain its dominance by 2024. The key factors that could be attributed to the growth of market include extensive usage in the construction industry for bridge construction and building construction, precast concrete panels, low thermal expansion, excellent stiffness, high tensile strength, and good temperature tolerance. Application Outlook:
Aerospace & Defense
Energy
Electronics
Sports
Automotive
Construction
The “Aerospace & Defense” segment led the advanced carbon materials market in 2015 and is anticipated to maintain its dominance by 2024. The key factors that could be attributed to the growth of the market include increasing investments in electric vehicles in India and China. Aerospace & Defense segment is followed by Automotive sector owing to increasing vehicle manufacturing production in developing markets including India, China, Iran, and Mexico. Regional Outlook:
North America o U.S.
Europe o Germany o UK
Asia Pacific o China o Japan
Latin America o Brazil
Middle East & Africa (MEA)
Asia-Pacific accounted for the major market share of advanced carbon materials in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth include an increase in automotive manufacturing facilities in India, China, Thailand, and Indonesia, and growing demand for travel. Asia-Pacific would be followed by the European region in the forecast period. Browse Related Category Research Reports @ https://industryanalysisandnews.wordpress.com/
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