Carbon Fiber & Graphene Manufacturing
Due to volatility in input prices during the middle of the period, overall revenue for the Carbon Fiber and Graphene Manufacturing industry is forecast to grow over the five years to 2019. Carbon fiber is primarily used in aerospace applications due to its high cost compared with steel and aluminum, which discourages manufacturers from using it in more mainstream industrial applications. In addition, carbon fiber components are increasingly incorporated into consumer automobiles, particularly higher-end luxury models. Over the five years to 2024, industry revenue is forecast to increase. Downstream manufacturers will increase purchases of carbon fiber as production expands and demand for stronger, yet lighter products rises. Exports are also anticipated to increase, boosting sales.
This industry manufactures graphene, carbon fiber and other advanced carbon-based materials. The main product made by this industry is PAN-based carbon fiber, which is then used to make carbon fiber composites that have excellent strength-to-weight ratios and durability. Key applications for these products include aerospace, automotive, alternative energy and high-tech electronics. Graphene remains an experimental material with limited, if any, commercial applications.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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