Carbon Products in the Global Oil and Gas Industry, Forecast to 2024
The demand for carbon products is projected to grow exponentially in the aftermath of the economic recession of 2009. Aerospace and defense, automotive, and wind turbine industries are the main end consumers for carbon fiber and carbon composites. While activated carbon was mainly used in water treatment, with advances in water purification techniques, its share has reduced in water treatment. However, it finds significant application in air purification and food and beverage industries.
As oil and gas facilities are exposed to extreme conditions of temperature, pressure, extremely hard water, steel pipes and steel structures become weak, leading to catastrophic situations. Alternate materials such as carbon fiber and carbon composites are considered as viable options to replace steel completely or partially.
The study seeks to analyze and forecast the global refining market trends and opportunities for 2017.
Market trends (current and future demand for carbon fiber and carbon composites, revenue estimation of carbon fiber and composites)
Regional trends (Europe, North America, China, Middle East, Africa, India)
Key opportunities are highlighted for regions with high growth potentials based on their investment strategies
Technology road map
Application opportunity in the oil and gas industry
Market measurements are analyzed from 2014 to 2024, with 2017 as the base year. Global carbon product demand is analyzed based on the demand from end-user segments. Regional demand for these products is also analyzed to provide a global perspective. Growth of refined products in the end-user segments is focused on to understand the consumption pattern during the forecast period. Revenue forecasts are estimated for all carbon products based on the bottom lines of the top 10 companies. Various drivers and restraints are also considered for revenue estimation. The technology road map is to understand technological and equipment enhancements for improving quality of carbon fiber composites. Finally, the study provides an insight into application opportunities in the oil and gas industry.
Key Issues Addressed
Which carbon products have the highest growth market? Which are the emerging regions for the carbon product industry?
What is the existing capacity of carbon product manufacturers globally? Which are the regions where new capacity additions are taking place?
What is the manufacturing process of various carbon products? How is the manufacturing technology evolving?
What is activated carbon? How it is manufactured and how will it compete with other carbon products?
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