Product Code: IRTNTR75030
Technavio has been monitoring the carbon composites market and is forecast to grow by 177.9 mn t during 2022-2027, accelerating at a CAGR of 11.49% during the forecast period. Our report on the carbon composites market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for fuel-efficient vehicles, increasing use of carbon composites in aerospace and defense sector, and stringent regulations in automotive industry.
Technavio's carbon composites market is segmented as below:
By Type
- Virgin Fiber
- Recycled Fiber
By End-user
- Aerospace and Defense
- Automotive
- Wind Energy
- Sporting goods
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rise in demand from wind energy sector as one of the prime reasons driving the carbon composites market growth during the next few years. Also, rise in strategic partnerships and collaborations and developments in end-user industries will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the carbon composites market covers the following areas:
- Carbon composites market sizing
- Carbon composites market forecast
- Carbon composites market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading carbon composites market vendors that include Carbon Composites Inc., DowAksa Ileri Kompozit Malzemeler San. Ltd. Sti., Epsilon Composite SA, Exel Composites Plc, Formosa M Co. Ltd., Gurit Holding AG, Hexcel Corp., Innegra Technologies, Jiangsu Hengshen Co. Ltd., Mitsubishi Chemical Corp., Nippon Steel Corp., Plasan Carbon Composites Inc., SAERTEX GmbH and Co.KG, SGL Carbon SE, Sigmatex UK Ltd., Solvay SA, Teijin Ltd., Toray Industries Inc., TPI Composites Inc., and Zhongfu Shenying Carbon Fiber Co. Ltd. Also, the carbon composites market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary - Chart on Market Overview
- Exhibit 02: Executive Summary - Data Table on Market Overview
- Exhibit 03: Executive Summary - Chart on Global Market Characteristics
- Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary - Chart on Incremental Growth
- Exhibit 08: Executive Summary - Data Table on Incremental Growth
- Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (million t)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (million t)
- Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global carbon composites market 2017 - 2021
- Exhibit 18: Historic Market Size - Data Table on Global carbon composites market 2017 - 2021 (million t)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 (million t)
- 4.3 End-User Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size - End-User Segment 2017 - 2021 (million t)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 (million t)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 (million t)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Virgin fiber (VCF) - Market size and forecast 2022-2027
- Exhibit 34: Chart on Virgin fiber (VCF) - Market size and forecast 2022-2027 (million t)
- Exhibit 35: Data Table on Virgin fiber (VCF) - Market size and forecast 2022-2027 (million t)
- Exhibit 36: Chart on Virgin fiber (VCF) - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Virgin fiber (VCF) - Year-over-year growth 2022-2027 (%)
- 6.4 Recycled fiber (RCF) - Market size and forecast 2022-2027
- Exhibit 38: Chart on Recycled fiber (RCF) - Market size and forecast 2022-2027 (million t)
- Exhibit 39: Data Table on Recycled fiber (RCF) - Market size and forecast 2022-2027 (million t)
- Exhibit 40: Chart on Recycled fiber (RCF) - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Recycled fiber (RCF) - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type (million t)
- Exhibit 43: Data Table on Market opportunity by Type (million t)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 46: Chart on Comparison by End-user
- Exhibit 47: Data Table on Comparison by End-user
- 7.3 Aerospace and defense - Market size and forecast 2022-2027
- Exhibit 48: Chart on Aerospace and defense - Market size and forecast 2022-2027 (million t)
- Exhibit 49: Data Table on Aerospace and defense - Market size and forecast 2022-2027 (million t)
- Exhibit 50: Chart on Aerospace and defense - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Aerospace and defense - Year-over-year growth 2022-2027 (%)
- 7.4 Automotive - Market size and forecast 2022-2027
- Exhibit 52: Chart on Automotive - Market size and forecast 2022-2027 (million t)
- Exhibit 53: Data Table on Automotive - Market size and forecast 2022-2027 (million t)
- Exhibit 54: Chart on Automotive - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
- 7.5 Wind energy - Market size and forecast 2022-2027
- Exhibit 56: Chart on Wind energy - Market size and forecast 2022-2027 (million t)
- Exhibit 57: Data Table on Wind energy - Market size and forecast 2022-2027 (million t)
- Exhibit 58: Chart on Wind energy - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Wind energy - Year-over-year growth 2022-2027 (%)
- 7.6 Sporting goods - Market size and forecast 2022-2027
- Exhibit 60: Chart on Sporting goods - Market size and forecast 2022-2027 (million t)
- Exhibit 61: Data Table on Sporting goods - Market size and forecast 2022-2027 (million t)
- Exhibit 62: Chart on Sporting goods - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Sporting goods - Year-over-year growth 2022-2027 (%)
- 7.7 Others - Market size and forecast 2022-2027
- Exhibit 64: Chart on Others - Market size and forecast 2022-2027 (million t)
- Exhibit 65: Data Table on Others - Market size and forecast 2022-2027 (million t)
- Exhibit 66: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.8 Market opportunity by End-user
- Exhibit 68: Market opportunity by End-user (million t)
- Exhibit 69: Data Table on Market opportunity by End-user (million t)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 71: Chart on Market share By Geographical Landscape 2022-2027 (%)
- Exhibit 72: Data Table on Market share By Geographical Landscape 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 75: Chart on North America - Market size and forecast 2022-2027 (million t)
- Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 (million t)
- Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 (million t)
- Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 (million t)
- Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 (million t)
- Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 (million t)
- Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 87: Chart on South America - Market size and forecast 2022-2027 (million t)
- Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 (million t)
- Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 (million t)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (million t)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 95: Chart on US - Market size and forecast 2022-2027 (million t)
- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 (million t)
- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 99: Chart on China - Market size and forecast 2022-2027 (million t)
- Exhibit 100: Data Table on China - Market size and forecast 2022-2027 (million t)
- Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 (million t)
- Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 (million t)
- Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 Japan - Market size and forecast 2022-2027
- Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 (million t)
- Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 (million t)
- Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.12 UK - Market size and forecast 2022-2027
- Exhibit 111: Chart on UK - Market size and forecast 2022-2027 (million t)
- Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 (million t)
- Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity By Geographical Landscape
- Exhibit 115: Market opportunity By Geographical Landscape (million t)
- Exhibit 116: Market opportunity By Geographical Landscape (million t) - Volume
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 120: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 121: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification
- 12.3 Epsilon Composite SA
- Exhibit 123: Epsilon Composite SA - Overview
- Exhibit 124: Epsilon Composite SA - Product / Service
- Exhibit 125: Epsilon Composite SA - Key offerings
- 12.4 Exel Composites Plc
- Exhibit 126: Exel Composites Plc - Overview
- Exhibit 127: Exel Composites Plc - Product / Service
- Exhibit 128: Exel Composites Plc - Key offerings
- 12.5 Formosa M Co. Ltd.
- Exhibit 129: Formosa M Co. Ltd. - Overview
- Exhibit 130: Formosa M Co. Ltd. - Product / Service
- Exhibit 131: Formosa M Co. Ltd. - Key offerings
- 12.6 Gurit Holding AG
- Exhibit 132: Gurit Holding AG - Overview
- Exhibit 133: Gurit Holding AG - Business segments
- Exhibit 134: Gurit Holding AG - Key offerings
- Exhibit 135: Gurit Holding AG - Segment focus
- 12.7 Hexcel Corp.
- Exhibit 136: Hexcel Corp. - Overview
- Exhibit 137: Hexcel Corp. - Business segments
- Exhibit 138: Hexcel Corp. - Key news
- Exhibit 139: Hexcel Corp. - Key offerings
- Exhibit 140: Hexcel Corp. - Segment focus
- 12.8 Innegra Technologies
- Exhibit 141: Innegra Technologies - Overview
- Exhibit 142: Innegra Technologies - Product / Service
- Exhibit 143: Innegra Technologies - Key offerings
- 12.9 Jiangsu Hengshen Co. Ltd.
- Exhibit 144: Jiangsu Hengshen Co. Ltd. - Overview
- Exhibit 145: Jiangsu Hengshen Co. Ltd. - Product / Service
- Exhibit 146: Jiangsu Hengshen Co. Ltd. - Key offerings
- 12.10 Mitsubishi Chemical Corp.
- Exhibit 147: Mitsubishi Chemical Corp. - Overview
- Exhibit 148: Mitsubishi Chemical Corp. - Business segments
- Exhibit 149: Mitsubishi Chemical Corp. - Key news
- Exhibit 150: Mitsubishi Chemical Corp. - Key offerings
- Exhibit 151: Mitsubishi Chemical Corp. - Segment focus
- 12.11 Nippon Steel Corp.
- Exhibit 152: Nippon Steel Corp. - Overview
- Exhibit 153: Nippon Steel Corp. - Business segments
- Exhibit 154: Nippon Steel Corp. - Key offerings
- Exhibit 155: Nippon Steel Corp. - Segment focus
- 12.12 SGL Carbon SE
- Exhibit 156: SGL Carbon SE - Overview
- Exhibit 157: SGL Carbon SE - Business segments
- Exhibit 158: SGL Carbon SE - Key news
- Exhibit 159: SGL Carbon SE - Key offerings
- Exhibit 160: SGL Carbon SE - Segment focus
- 12.13 Sigmatex UK Ltd.
- Exhibit 161: Sigmatex UK Ltd. - Overview
- Exhibit 162: Sigmatex UK Ltd. - Product / Service
- Exhibit 163: Sigmatex UK Ltd. - Key offerings
- 12.14 Solvay SA
- Exhibit 164: Solvay SA - Overview
- Exhibit 165: Solvay SA - Business segments
- Exhibit 166: Solvay SA - Key news
- Exhibit 167: Solvay SA - Key offerings
- Exhibit 168: Solvay SA - Segment focus
- 12.15 Teijin Ltd.
- Exhibit 169: Teijin Ltd. - Overview
- Exhibit 170: Teijin Ltd. - Business segments
- Exhibit 171: Teijin Ltd. - Key offerings
- Exhibit 172: Teijin Ltd. - Segment focus
- 12.16 Toray Industries Inc.
- Exhibit 173: Toray Industries Inc. - Overview
- Exhibit 174: Toray Industries Inc. - Business segments
- Exhibit 175: Toray Industries Inc. - Key offerings
- Exhibit 176: Toray Industries Inc. - Segment focus
- 12.17 TPI Composites Inc.
- Exhibit 177: TPI Composites Inc. - Overview
- Exhibit 178: TPI Composites Inc. - Business segments
- Exhibit 179: TPI Composites Inc. - Key offerings
- Exhibit 180: TPI Composites Inc. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 181: Inclusions checklist
- Exhibit 182: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 183: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 184: Research methodology
- Exhibit 185: Validation techniques employed for market sizing
- Exhibit 186: Information sources
- 13.5 List of abbreviations
- Exhibit 187: List of abbreviation