Advanced Carbon Materials Market: Current Analysis and Forecast (2021-2027)
October 2021
225
About the Report
About the Report
Increasing demand of carbon composite and reinforced plastics materials owing to increasing demand of high-performance materials from a large base of industries like aerospace & defence, automotive, and transportation is propelling the demand of advanced carbon materials. For instance, Aircrafts like Boeing 787 and Airbus A350 have been largely made of the material mix of carbon fibers and polymer resins. Further, Boeing 787 Dreamliner passenger plane is composed of 50% composite material by weight, with most of the composite material being carbon fiber laminate or carbon fiber sandwich. In addition, automotive sector is increasingly utilizing carbon fiber to reduce the overall weight of vehicle resulting in more efficiency and helps in reducing carbon emission. For instance, BMW uses carbon fiber composites in its 7-series for the manufacturing of roof elements and supporting pillars with the intention of lowering the car's center of gravity. The Alfa Romeo 4C, on the other hand, has a completely carbon fiber chassis, which cuts the weight of vehicle down to just 2,500lbs. Apart, from carbon fiber, demand for other products like graphene is increasing owing to its properties like 200 times stronger than steel and weighing only 0.77 milligrams per square meter.
Based on type, the market is categorized into carbon fiber, isotropic graphite, graphene, carbon nanotube, carbon foam, and others. Among these, carbon fiber held the significant market share owing to its increasing usage in industries like automotive & transportation, aerospace & defence, infrastructure, and electronics. Due to its lightweight and rigid properties automotive OEMs are increasingly using it in vehicles. However, due to its high cost, currently it is used in high end vehicles mainly. But with the advancement in technology and lowering of cost, it is expected to be used in all types of vehicles. Thus, boosting the market of carbon fiber
Based on end user, the market is categorized into automotive, aerospace & defence, electronics, metallurgy, energy, construction, sports, healthcare, and others. Among these, automotive and aerospace & defence are among the largest consumer of advanced carbon materials. Increasing demand for high strength materials from defence sector, shifting trend towards lightweight aircrafts and automobiles, and growing demand of final products resulting in the increasing demand of materials used in these industries which eventually increasing the market of advanced carbon materials.
For better understanding of the market, the report provides detail analysis for major region and country including North America (US, Canada); Europe (Germany, UK, France, Spain, rest of Europe); Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific) and Rest of World. During the forecast period, Asia-Pacific region is likely to showcase robust growth owing to robust growth of industries like aerospace & defence, automotive, transportation, electronics, and metallurgy, among others.
Some of the major companies operating in the global advanced carbon materials market includes Hexcel Corporation, Mitsubishi Chemical Carbon Fiber and Composites Inc., Showa Denko K.K., Graphite India Ltd., SGL Carbon SE, Zoltek, Nippon Graphite Fiber Corporation, Arkema S.A., Teijin Ltd., and Graftech International Ltd.
Products
Companies
Hexcel Corporation, Mitsubishi Chemical Carbon Fiber and Composites Inc., Showa Denko K.K., Graphite India Ltd., SGL Carbon SE, Zoltek, Nippon Graphite Fiber Corporation, Arkema S.A., Teijin Ltd., and Graftech International Ltd
Table of Contents
Table of Contents
1. MARKET INTRODUCTION
1.1. Market Definitions
1.2. Limitation
1.3. Stake Holders
1.4. Currency Used in Report
2. RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Methodology for the Global Advanced Carbon Materials Market
2.1.1.Main Objective of the Global Advanced Carbon Materials Market
3. MARKET SYNOPSIS
4. EXECUTIVE SUMMARY
5. GLOBAL ADVANCED CARBON MATERIALS MARKET AMID COVID-19
6. GLOBAL ADVANCED CARBON MATERIALS MARKET REVENUE (USD MN), 2019-2027F
7. MARKET INSIGHTS BY TYPE
7.1. Carbon Fiber
7.2. Isotropic Graphite
7.3. Graphene
7.4. Carbon Nanotube
7.5. Carbon Foam
7.6. Others
8. MARKET INSIGHTS BY END USER
8.1. Automotive
8.2. Aerospace & Defence
8.3. Electronics
8.4. Metallurgy
8.5. Energy
8.6. Construction
8.7. Sports
8.8. Healthcare
8.9. Other
9. MARKET INSIGHTS BY REGION
9.1. North America Advanced Carbon Materials Market
9.1.1.United States
9.1.2.Canada
9.2. Europe Advanced Carbon Materials Market
9.2.1.Germany
9.2.2.United Kingdom
9.2.3.France
9.2.4.Spain
9.2.5.Rest of Europe
9.3. Asia-Pacific Advanced Carbon Materials Market
9.3.1.China
9.3.2.Japan
9.3.3.India
9.3.4.Australia
9.3.5.Rest of Asia-Pacific
9.4. Rest of World Advanced Carbon Materials Market
10. ADVANCED CARBON MATERIALS MARKET DYNAMICS
10.1. Market Drivers
10.2. Market Challenges
10.3. Impact Analysis
11. ADVANCED CARBON MATERIALS MARKET OPPORTUNITIES
12. ADVANCED CARBON MATERIALS MARKET TRENDS
13. LEGAL & REGULATORY FRAMEWORK
14. DEMAND AND SUPPLY SIDE ANALYSIS
14.1. Demand Side Analysis
14.2. Supply Side Analysis
14.2.1. Top Product Launches
14.2.2. Top Business Partnerships
14.2.3. Top Business Expansions, Investments and Divestitures
14.2.4. Top Merger and Acquisitions
15. VALUE CHAIN ANALYSIS
16. COMPETITIVE SCENARIO
16.1. Porter's Five Forces Analysis
16.1.1. Bargaining power of Supplier
16.1.2. Bargaining power of Buyer
16.1.3. Industry Rivalry
16.1.4. Availability of Substitute
16.1.5. Threat of new Entrants
16.2. Competitive Landscape
16.2.1. Company Shares, By Revenue
17. COMPANY PROFILED
17.1. Hexcel Corporation
17.2. Mitsubishi Chemical Carbon Fiber and Composites Inc.
17.3. Showa Denko K.K.
17.4. Graphite India Ltd.
17.5. SGL Carbon SE
17.6. Zoltek
17.7. Nippon Graphite Fiber Corporation
17.8. Arkema S.A.
17.9. Teijin Ltd.
17.10. Graftech International Ltd.
18. DISCLAIMER
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