Growth Opportunities in the Global Carbon Fiber Market 2013-2018

DUBLIN, January 22, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/72sn6h/growth) have announced the addition of the "Growth Opportunities in the Global Carbon Fiber Market 2013-2018" report to their offering.

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The global carbon fiber market is forecast to experience double-digit growth annually for the next five years in terms of both dollars and pounds shipment. In terms of dollar shipment, the market is expected to reach $3.0 billion in 2018 from $1.8 billion in 2013. The industrial market is expected to witness annual double-digit growth while aerospace experiences high single-digit growth. The sporting goods market is likely to witness the lowest growth in 2013-2018 in terms of dollar shipment.

The author's research indicates future growth of the global carbon fiber industry will be driven by emerging applications such as wind blades; nuclear centrifuge rotor tubes; laptop cases; mobile phones; and risers, tethers and umbilical in the oil and gas industry. In addition, civil and bridge applications; CNG tanks, fuel cells, automotive applications in high-end cars; defense aircraft; commercial aerospace applications such as B787, A380, B747-8, A350; and next-generation narrow body aircraft are leading applications for carbon fiber use.

The industrial market is expected to see the highest growth among the other major sectors such as aerospace and sporting goods; and is forecast to grow at the highest rate annually over the next five years in terms of million dollars in shipments. More new carbon fiber suppliers from India, China, Russia, the Middle East, and other developing regions are likely to emerge. Although there will be a rise in pricing of final products due to material prices increasing annually over the next five years, this will be compensated because of an increase in manufacturing efficiency. Additionally, competition from offshore suppliers such as China and India will drive down the cost of end products.

The report, which provides trend scenarios and forecast statistics for 2013-2018; details industry drivers and challenges; compares properties and prices; and highlights major carbon fiber suppliers, also describes various carbon fiber properties, manufacturing processes, and more.

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. Evolution of the Carbon Fiber Market

3. Properties and Price Comparison

4. Carbon Fiber Suppliers

5. Carbon Fiber Market Analysis

6. Market Trends

7. Market Forecast

8. Manufacturing of Carbon Fiber

Companies Mentioned:

• Cytec Industries Inc.
• Donac Co., Ltd.
• Formosa Plastics Corporation
• Hexcel Composites
• Kureha Corporation
• Mitsubishi Plastics Composites America, Inc.
• Mitsubishi Rayon Co. Ltd.
• Nippon Graphite Fiber Corporation
• SGL Group - The Carbon Company
• Teijin Ltd.
• Toray Industries Inc.
• Zoltek Corp.

For more information visit http://www.researchandmarkets.com/research/72sn6h/growth

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets