Lucintel Forecasts the Global Carbon Fiber in the Aerospace and Defense Market to Reach $4 billion by 2030
Lucintel Forecasts the Global Carbon Fiber in the Aerospace and Defense Market to Reach $4 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global carbon fiber in the aerospace and defense market looks promising with opportunities in the commercial aircraft, regional aircraft, general aviation, helicopter, UAV and Other. The global carbon fiber in the aerospace and defense market is expected to reach an estimated $4 billion by 2030 from $3.9 billion in 2023, at a CAGR of 1% from 2024 to 2030. The major drivers for this market are increasing demand for advanced high-performance lightweight materials and growing end use industries, growth of aircraft with high carbon fiber penetration such B787, A350WXB, and A380.
Browse 89 figures / charts and 76 tables in this 181 -page report to understand trends, opportunity and forecast in carbon fiber in the aerospace and defense market to 2030 by aircraft (commercial aerospace, regional jets, general aviation, helicopter, military aircraft and UAV), by precursor type (PAN based, pitch based), by tow size (small tow, large tow), by modulus (standard, intermediate, high), and region (North America, Europe, Rest of the World (including APAC).
Lucintel forecasts that commercial aerospace will be the largest aircraft by value and the UAV aircraft will witness the highest growth by value during the forecast period. Increasing demand for light weight materials with higher performance benefits in aerospace and defense industry are driving market growth over the forecast period.
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Small tow (less than 24k) is expected to remain the largest segment by volume and witness the highest growth over the forecast period because its mainly use in the aerospace industry owing to high tensile strength.
Toray Industries, Hexcel Corporation, Mitsubishi Chemical Corporation, Solvay Group, SGL Carbon Group are the major suppliers in the carbon fiber in the aerospace and defense market.
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 helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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