Market Overview
The Pitch Based Carbon Fiber Market is projected to grow from register a compound annual growth rate (CAGR) of 6.62% during the forecast period. The essential power behind the growth of the Pitch Based Carbon Fiber market overall is the increasing interest for carbon strands in the aviation and guard industry and the growing wind energy area. The interest in carbon strands has increased in the aviation and guard industry throughout the course of recent many years owing to their better presentation attributes over metals. Additionally, pitch-based carbon strands show fantastic execution attributes, for example, high solidarity to-weight proportion, low warm development, and erosion obstruction. The worldwide wind energy area had seen year-on-year growth, which should be visible in the figure underneath, and is supposed to grandstand promising growth during the estimated time frame.
The interest in carbon strands has increased in the aviation and guard industry throughout the course of recent many years owing to their better presentation attributes over metals. Carbon fiber displays high rigidity, compound obstruction, solidness, low warm development, and low weight properties. Its lightweight yet tough property is especially driving its interest in the aviation and protection industry. The aeronautic trade prior involved aluminum as an essential development material for airplanes as it is a solid metal. Notwithstanding, aluminum is heavier when contrasted with carbon fiber, which increases the general load of an airplane.
Market Segmentation
The Pitch-Based Carbon Fiber Market segmentation, based on Type has been segmented as Composites and Non-Composites. Among these, Composites are projected to dominate the Pitch Based Carbon Fiber Market revenue through the projected period.
The global pitch-based carbon fiber market segmentation based on the Application has been segmented as Aerospace & Defense, Automotive, Construction, Wind Energy, Sports & Leisure, and Others.
Regional Insights
Asia-Pacific pitch based carbon fiber market holds the biggest market share and is likewise expected to represent the biggest income share during the estimated time frame. Asia-Pacific is expected to enlist the most elevated CAGR of 7.46% from 2018 to 2030. A sizable, pitch-based carbon fiber industry in the region is probably going to make the Asia-Pacific region the biggest expanding market for pitch-based carbon fiber universally. The market for pitch-based carbon fiber is additionally expected to develop all through the figure period in view of rising government investments in infrastructure improvement in developing countries like China and India.
The growing interest in the item from different applications, including the auto and building and development industry, drives the North American market. The Latin America and Center East and Africa regions are showing predictable growth during the gauge time frame. Finally, because of mechanical turns of events and the rising interest in cars in these nations, it is guessed that the Center East, Africa, and Latin America markets will encounter extensive growth over the projection period.
Major Players
Some of the key players operating in the Hexcel Corporation (US), Hyosung Corporation (South Korea), Mitsubishi Chemical Corporation (Japan), Teijin Limited (Japan), Cytec Industries, Inc (US), DowAksa (Georgia), OJSC «SvetlogorskKhimvolokno» (Belarus), Nippon Graphite Fiber Co., Ltd (Japan), Kureha Corporation (Japan), SGL Carbon (Germany), and Toray Industries Inc.
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL PITCH-BASED CARBON FIBER MARKET, BY TYPE
- 1.1.2 GLOBAL PITCH-BASED CARBON FIBER MARKET, BY APPLICATION
- 1.1.3 GLOBAL PITCH-BASED CARBON FIBER MARKET, BY REGION
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
- 3.1 RESEARCH PROCESS
- 3.2 PRIMARY RESEARCH
- 3.3 SECONDARY RESEARCH
- 3.4 MARKET SIZE ESTIMATION
- 3.5 TOP DOWN & BOTTOM UP APPROACH
- 3.6 FORECAST MODEL
- 3.7 LIST OF ASSUMPTIONS & LIMITATIONS
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 INCREASING DEMAND FOR CARBON FIBERS IN THE AEROSPACE & DEFENSE INDUSTRY
- 4.2.2 GROWING WIND ENERGY SECTOR
- 4.2.3 DRIVERS IMPACT ANALYSIS
- 4.3 RESTRAINTS
- 4.3.1 AVAILABILITY OF CLOSE SUBSTITUTE
- 4.3.2 RESTRAINTS IMPACT ANALYSIS
- 4.4 OPPORTUNITIES
- 4.4.1 INCREASING APPLICATION IN THE AUTOMOTIVE INDUSTRY
- 4.4.2 INCREASING DEMAND IN THE CONSTRUCTION INDUSTRY
- 4.5 CHALLENGES
- 4.5.1 HIGH COST & COMPLEXITIES IN MANUFACTURING PROCESSES
5 MARKET FACTOR ANALYSIS
- 5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIALS SUPPLIERS
- 5.1.2 PITCH-BASED CARBON FIBER MANUFACTURERS
- 5.1.3 DISTRIBUTION CHANNEL
- 5.1.4 END-USE INDUSTRIES
- 5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 INTENSITY OF COMPETITIVE RIVALRY
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF SUPPLIERS
- 5.2.5 BARGAINING POWER OF BUYERS
- 5.3 PRICING OVERVIEW, BY REGION, (USD PER KG)
- 5.4 MACROECONOMIC INDICATORS
- 5.5 COVID-19 IMPACT ON THE PITCH-BASED CARBON FIBER INDUSTRY
- 5.5.1 OVERVIEW OF SUPPLY SCENARIO
- 5.5.2 IMPACT OF COVID-19 ON THE SUPPLY CHAIN OF PITCH-BASED CARBON FIBER INDUSTRY
- 5.5.2.1 IMPACT ON RAW MATERIAL SUPPLIER
- 5.5.2.2 IMPACT ON MANUFACTURERS
- 5.5.2.3 IMPACT ON SALES & DISTRIBUTION
- 5.5.2.4 IMPACT ON END USE
- 5.5.3 QUALITATIVE ANALYSIS ON CHANGE IN DEMAND FOR PITCH-BASED CARBON FIBER INDUSTRY DUE TO COVID-19
- 5.5.4 MAJOR GOVERNMENT POLICIES TO COUNTER THE IMPACT OF COVID-19
- 5.5.4.1 US
- 5.5.4.1.1 FISCAL POLICIES-
- 5.5.4.1.2 MONETARY AND MACRO-FINANCIAL
- 5.5.4.2 EUROPEAN UNION
- 5.5.4.2.1 FISCAL POLICIES-
- 5.5.4.2.2 MONETARY AND MACRO-FINANCIAL
- 5.5.4.3 CHINA
- 5.5.4.3.1 FISCAL POLICIES-
- 5.5.4.3.2 MONETARY AND MACRO-FINANCIAL
- 5.5.4.4 INDIA
- 5.5.4.4.1 FISCAL POLICIES-
- 5.5.4.4.2 MONETARY AND MACRO-FINANCIAL
- 5.5.4.5 BRAZIL
- 5.5.4.5.1 FISCAL POLICIES-
- 5.5.4.5.2 MONETARY AND MACRO-FINANCIAL
6 GLOBAL PITCH BASED CARBON FIBER MARKET, BY TYPE
- 6.1 OVERVIEW
- 6.1.1 PITCH BASED CARBON FIBER: MARKET ESTIMATES & FORECAST BY TYPE, 2019-2030
- 6.1.2 PITCH BASED CARBON FIBER: MARKET ESTIMATES & FORECAST BY TYPE, 2019-2030
- 6.2 COMPOSITE
- 6.2.1 COMPOSITE: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 6.2.2 COMPOSITE: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 6.3 NON-COMPOSITE
- 6.3.1 NON-COMPOSITE: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 6.3.2 NON-COMPOSITE: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
7 GLOBAL PITCH BASED CARBON FIBER MARKET, BY APPLICATION
- 7.1 OVERVIEW
- 7.1.1 PITCH BASED CARBON FIBER: MARKET ESTIMATES & FORECAST BY APPLICATION, 2019-2030
- 7.1.2 PITCH BASED CARBON FIBER: MARKET ESTIMATES & FORECAST BY APPLICATION, 2019-2030
- 7.2 AEROSPACE & DEFENSE
- 7.2.1 AEROSPACE & DEFENSE: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.3 WIND ENERGY
- 7.3.1 WIND ENERGY: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.4 SPORTS & LEISURE
- 7.4.1 SPORTS & LEISURE: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.5 AUTOMOTIVE
- 7.5.1 AUTOMOTIVE: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.6 CONSTRUCTION
- 7.6.1 CONSTRUCTION: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
- 7.7 OTHERS
- 7.7.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030
8 GLOBAL PITCH BASED CARBON FIBER MARKET, BY REGION
- 8.1 OVERVIEW
- 8.2 NORTH AMERICA
- 8.3 EUROPE
- 8.3.1 GERMANY
- 8.3.2 UK
- 8.3.3 FRANCE
- 8.3.4 SPAIN
- 8.3.5 ITALY
- 8.3.6 RUSSIA
- 8.3.7 REST OF EUROPE
- 8.4 ASIA PACIFIC
- 8.4.1 CHINA
- 8.4.2 JAPAN
- 8.4.3 INDIA
- 8.4.4 SOUTH KOREA
- 8.4.5 AUSTRALIA & NEW ZEALAND
- 8.4.6 REST OF ASIA-PACIFIC
- 8.5 LATIN AMERICA
- 8.5.1 BRAZIL
- 8.5.2 MEXICO
- 8.5.3 ARGENTINA
- 8.5.4 REST OF LATIN AMERICA
- 8.6 MIDDLE EAST & AFRICA
- 8.6.1 TURKEY
- 8.6.2 SAUDI ARABIA
- 8.6.3 UAE
- 8.6.4 REST OF MIDDLE EAST & AFRICA
- 8.7 MARKET INTRODUCTION
- 8.8 GLOBAL MARKET STRATEGY ANALYSIS
- 8.9 KEY DEVELOPMENTS
- 8.10 MANUFACTURING COST ANALYSIS
9 COMPANY PROFILES
- 9.1.1 COMPANY OVERVIEW
- 9.1.2 FINANCIAL OVERVIEW
- 9.1.3 PRODUCTS OFFERED
- 9.1.4 KEY DEVELOPMENTS
- 9.1.5 SWOT ANALYSIS
- 9.1.6 KEY STRATEGIES
- 9.2 NIPPON GRAPHITE FIBER CO., LTD
- 9.2.1 COMPANY OVERVIEW
- 9.2.2 FINANCIAL OVERVIEW
- 9.2.3 PRODUCTS OFFERED
- 9.2.4 KEY DEVELOPMENTS
- 9.2.5 SWOT ANALYSIS
- 9.2.6 KEY STRATEGIES
- 9.3 KUREHA CORPORATION
- 9.3.1 COMPANY OVERVIEW
- 9.3.2 FINANCIAL OVERVIEW
- 9.3.3 PRODUCTS OFFERED
- 9.3.4 KEY DEVELOPMENTS
- 9.3.5 SWOT ANALYSIS
- 9.3.6 KEY STRATEGIES
- 9.4 HYOSUNG CORPORATION
- 9.4.1 COMPANY OVERVIEW
- 9.4.2 FINANCIAL OVERVIEW
- 9.4.3 PRODUCTS OFFERED
- 9.4.4 KEY DEVELOPMENTS
- 9.4.5 SWOT ANALYSIS
- 9.4.6 KEY STRATEGIES
- 9.5 MITSUBISHI CHEMICAL CORPORATION
- 9.5.1 COMPANY OVERVIEW
- 9.5.2 FINANCIAL OVERVIEW
- 9.5.3 PRODUCTS OFFERED
- 9.5.4 KEY DEVELOPMENTS
- 9.5.5 SWOT ANALYSIS
- 9.5.6 KEY STRATEGIES
- 9.6 TEIJIN LIMITED
- 9.6.1 COMPANY OVERVIEW
- 9.6.2 FINANCIAL OVERVIEW
- 9.6.3 PRODUCTS OFFERED
- 9.6.4 KEY DEVELOPMENTS
- 9.6.5 SWOT ANALYSIS
- 9.6.6 KEY STRATEGIES
- 9.7 CYTEC INDUSTRIES, INC
- 9.7.1 COMPANY OVERVIEW
- 9.7.2 FINANCIAL OVERVIEW
- 9.7.3 PRODUCTS OFFERED
- 9.7.4 KEY DEVELOPMENTS
- 9.7.5 SWOT ANALYSIS
- 9.7.6 KEY STRATEGIES
- 9.8 DOWAKSA
- 9.8.1 COMPANY OVERVIEW
- 9.8.2 FINANCIAL OVERVIEW
- 9.8.3 PRODUCTS OFFERED
- 9.8.4 KEY DEVELOPMENTS
- 9.8.5 SWOT ANALYSIS
- 9.8.6 KEY STRATEGIES
- 9.9 OJSC «SVETLOGORSKKHIMVOLOKNO»
- 9.9.1 COMPANY OVERVIEW
- 9.9.2 FINANCIAL OVERVIEW
- 9.9.3 PRODUCTS OFFERED
- 9.9.4 KEY DEVELOPMENTS
- 9.9.5 SWOT ANALYSIS
- 9.9.6 KEY STRATEGIES
- 9.10 SGL CARBON
- 9.10.1 COMPANY OVERVIEW
- 9.10.2 FINANCIAL OVERVIEW
- 9.10.3 PRODUCTS OFFERED
- 9.10.4 KEY DEVELOPMENTS
- 9.10.5 SWOT ANALYSIS
- 9.10.6 KEY STRATEGIES
- 9.11 TORAY INDUSTRIES INC
- 9.11.1 COMPANY OVERVIEW
- 9.11.2 FINANCIAL OVERVIEW
- 9.11.3 PRODUCTS OFFERED
- 9.11.4 KEY DEVELOPMENTS
- 9.11.5 SWOT ANALYSIS
- 9.11.6 KEY STRATEGIES
10 APPENDIX
- 10.1 REFERENCES
- 10.2 RELATED REPORTS