DUBLIN, Feb. 20, 2014 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/6gxwc7/growth) has announced the addition of the "Growth Opportunities in China Carbon Fiber Market - Forecast to 2018" report to their offering.
The China carbon fiber market is expected to experience good growth and reach $408 million by 2018. The market is highly concentrated with top five players capturing more than 70% of capacity. Carbon fiber is used in sectors, such as sporting goods, aerospace, and industrial. The industrial market is the major user of low-cost carbon fiber. The China carbon fiber market is anticipated to grow due to the emerging Chinese economy and increasing demand of domestic consumption and production in China.
From the analysis presented, carbon fiber raw material suppliers, carbon fiber manufacturers as well as composite product producers will recognize that substantial opportunities exist in China carbon fiber industry in the long run due to notable trends in demand quantity and growth, based on various application markets.
This study reveals that the main challenge for the carbon fiber market is high raw material cost. Carbon fiber is pretty expensive, especially precursors which comprises approximately 50% to 60% of the total production cost. Secondly, the absence of standardization of end products and lack of automated production process present a challenge to the industry players.
The report also focuses on the major drivers. Carbon fiber offers an excellent combination of properties that allow the end-user to choose the best combination of material performance and product flexibility. Carbon fibers are also used to manufacture fuel efficient automobiles, currently used in small production high performance automobiles, but moving towards large production series cars.
This report gives the insights to the China carbon fiber market trend and forecast, which will help the interested companies to make strategic and financial decisions. Without a proper understanding of the dynamics of market, reaping the benefit would be quiet difficult. End application markets for the carbon fiber industry are advancing rapidly which requires in depth knowledge to remain competitive in the near future.
This unique report will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.
Key Topics Covered:
1. Executive Summary
2. Chinese Economy Trend and Forecast
3. Evolution of Carbon Fiber Market in China
4. Carbon Fiber Market Analysis
5. Competitive Landscape and Growth Opportunities Analysis
6. Industry Strategic Assessment
7. Company Profiles of Leading Players
For more information visit http://www.researchandmarkets.com/research/6gxwc7/growth
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SOURCE Research and Markets