The report on the Global Carbon Fiber Resin Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue and volume (USD MN/ Kilo Tons) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Carbon fiber resin is viscous component that is catalyzed and applied to thin strand of material composed of carbon. This resin act as curing agent and bonding agent to the fiber. Epoxy resin is most widely used resin in carbon fibers and are three times stronger than other substitutes. Owing to high strength and high temperature resistance, thermoset resin is the major type of carbon fiber resin used worldwide.
Carbon fiber resin adhere properties such as strength and stiffness, lightweight, corrosion resistance, chemical resistance, high viscosity, superior mechanical properties, etc. As a result of these properties and augmentation in aerospace and automotive industries are the factors responsible for the growth of this market. North America is the leading geography in this market followed by Europe. China and Brazil are amongst the fastest growing markets in carbon fiber resin industry.
Drivers
- Increased demand for lightweight products
- Demand from aerospace and automotive industries
Restraints
- Lower economic growth rates
- Expensive products due to high investment requirement
Report includes a detailed analysis on value chain in order to provide a holistic view of the carbon fiber resin market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the carbon fiber resin industry, from raw material suppliers to end-users.
Carbon fiber resin market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
The carbon fiber resin market has further been segmented based on types such as thermoset resin and thermoplastic resin. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2020 to 2026. Each type has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
The carbon fiber resin market has further been segmented based on forms such as prepreg and non-prepreg. The study provides forecast and estimates market for each form in terms of revenue and volume during the forecast period from 2020 to 2026. Each form has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
The carbon fiber resin market has been segmented based on applications such as aerospace & defense, wind energy, automotive, sporting goods, civil engineering, marine, electrical & electronics, pipe & tank and others. The study provides forecast and estimates market for each application in terms of revenue and volume during the forecast period from 2020 to 2026. Each application has been further analyzed based on regional and country levels from 2019 to 2026 in terms of volume and revenue.
In terms of geography, the carbon fiber resin market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World (ROW). The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as:
- 3M Company
- Aliancys
- Alpha Owens-Corning
- Ashland Inc.
- BASF SE
- Hexion Inc.
- Huntsman Corporation
- Kukdo Chemical Co. Ltd.
- Olin Corporation
- Polynt S.P.A.
A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides carbon fiber resin market's mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.
SEGMENTATIONS IN REPORT:
Carbon Fiber Resin Market Analysis By Type:
- Thermoset Resin
- Thermoplastic Resin
Carbon Fiber Resin Market Analysis By Form:
Carbon Fiber Resin Market Analysis By Applications:
- Aerospace & Defense
- Wind Energy
- Automotive
- Sporting Goods
- Civil Engineering
- Marine
- Electrical & Electronics
- Pipe & Tank
- Others
Carbon Fiber Resin Market Analysis By Geography:
- North America
- Europe
- Asia Pacific
- Rest of the World (ROW)
The Global Carbon Fiber Resin Market has been exhibited in detail in the following chapters -
Chapter 1 Carbon Fiber Resin Market Preface
Chapter 2 Executive Summary
Chapter 3 Carbon Fiber Resin Industry Analysis
Chapter 4 Carbon Fiber Resin Market Value Chain Analysis
Chapter 5 Carbon Fiber Resin Market Analysis By Type
Chapter 6 Carbon Fiber Resin Market Analysis By Form
Chapter 7 Carbon Fiber Resin Market Analysis By Applications
Chapter 8 Carbon Fiber Resin Market Analysis By Geography
Chapter 9 Competitive Landscape Of Carbon Fiber Resin Companies
Chapter 10 Company Profiles Of Carbon Fiber Resin Industry
METHODOLOGY:
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.