20th February 2020 – The Advanced
Carbon Materials Market report provides in-depth analysis and insights
into developments impacting businesses and enterprises on global and regional
level. The study covers the global Advanced Carbon Materials Market
presentation regarding revenue contribution from multiple segments and covers a
comprehensive analysis of key market trends, drivers, restraints, and
opportunities influencing revenue growth of the industry. This research report
studies the market size, industry status and forecast, competition landscape
and growth opportunities.
Global advanced carbon materials market
size is anticipated to reach USD 5.29 billion by 2024. The factors that propel
the growth of the advanced carbon materials industry include growing demand for
fiberglass products in construction, automotive and energy applications, being
lightweight material, having excellent electrical properties, technological
progression for the development of carbon nanomaterials, increasing demand for
carbon fiber reinforced plastic (CFRP). Advanced carbon materials market is
anticipated to expand at a significant CAGR in the upcoming period as the
scope, product types, and its applications are increasing across the globe.
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Advanced carbon materials industry could
be explored by product type, application, and geography. The market could be
explored by product type as Carbon nanotubes, Graphene, Carbon fibers, Carbon
foams, and Structural graphite. The “Carbon fibers” segment led the advanced
carbon materials market in 2015 and is anticipated to maintain its dominance by
2024. The key factors that could be attributed to the growth of market include
extensive usage in the construction industry for bridge construction and
building construction, precast concrete panels, low thermal expansion,
excellent stiffness, high tensile strength, and good temperature tolerance.
The key applications that could be
explored in the advanced carbon materials industry include Energy, Aerospace
& Defense, Sports, Electronics, Construction, Automotive, and Others. The
“Aerospace & Defense” segment led the advanced carbon materials market in
2015 and is anticipated to maintain its dominance by 2024. The key factors that
could be attributed to the growth of the market include increasing investments
in electric vehicles in India and China. Aerospace & Defense segment is
followed by Automotive sector owing to increasing vehicle manufacturing
production in developing markets including India, China, Iran, and Mexico.
Asia-Pacific accounted for the major
market share of advanced carbon materials in 2015 and will continue to lead in
the forecast period. The factors that could be attributed to the growth include
an increase in automotive manufacturing facilities in India, China, Thailand,
and Indonesia, and growing demand for travel. Asia-Pacific would be followed by
the European region in the forecast period.
Some of the major objectives of this
report:
·
To present detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of global Advanced Carbon Materials Market.
·
To provide insights about
factors affecting the market growth. To analyze the Advanced Carbon Materials
Market based on various factors- price analysis, supply chain analysis, porter
five force analysis etc.
·
To provide historical and
forecast revenue of the Advanced Carbon Materials Market segments and
sub-segments with respect to four main geographies and their countries- North
America, Europe, Asia, and Rest of the World.
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
Trace and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product evolutions, and research and developments in the
Market.
·
To present strategic profiling
of key players in the market, comprehensively analyzing their basic
capabilities.
Some
of the Major Market Players Are:
Toho Tenex Europe Gmbh, Toray
Industries Inc., Hexcel Corporation, Arkema Sa, Nippon Graphite Fiber Co. Ltd,
CVD Equipment Corporation, Arry International Group Limited, Grupo Graphenano,
Future carbon, Grupo Antolin, Graphenea, Mersen Group, Haydale Graphene Industries
Plc, Showa Denko KK, and Nanothinx S.A.
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