Continuous fiber composites are a new material that offer superior combination of lightweight and stiffness. They are also are also freely formable, easy to process and recyclable.
Due to their properties, such as lightweight, stiffness, etc., continuous fiber composites have become popular in many fields, such as automotive industry, aerospace, military, electronics and so on.
Market Analysis and Insights: Global Continuous Fiber Composites Market
Due to the COVID-19 pandemic, the global Continuous Fiber Composites market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Carbon Fiber Type Composites accounting for % of the Continuous Fiber Composites global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotive segment is altered to an % CAGR throughout this forecast period.
North America Continuous Fiber Composites market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Continuous Fiber Composites include LANXESS, TenCate, Celanese, Polystrand, Aonix, AXIA Materials, Tri-Mack, Lingol and Guangzhou Kingfa Carbon Fiber, etc. In terms of revenue, the global 3 largest players have a % market share of Continuous Fiber Composites in 2021.
Global Continuous Fiber Composites Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Continuous Fiber Composites Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Carbon Fiber Type Composites
Glass Fiber Type Composites
Aramid Fiber Type Composites
Segment by Application
Automotive
Aerospace
Electronics
Sporting Goods
Others
By Company
LANXESS
TenCate
Celanese
Polystrand
Aonix
AXIA Materials
Tri-Mack
Lingol
Guangzhou Kingfa Carbon Fiber
Ningbo Huaye Material Technology
Zhejiang Double Fish Plastics
QIYI Tech
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina