Global Carbon Fiber Wrap Market Analysis, Size, Share, Development, Growth & Demand Forecast 2018 -2023

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Carbon Fiber Wrap Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Carbon Fiber Wrap Market - 2023
Global Carbon Fiber Wrap Market
Information By Type of Lay-Up (Wet Lay-Up and
Pre-Impregnated Lay-Up), End-Use Industry
(Automotive, Consumer Goods, Construction,
Sports, Aerospace Defense, Wind Energy), and
Region- Global Forecast To 2023 Carbon Fiber Wrap
Market Overview Carbon Fiber is composed of
carbon atoms that are bonded together to form a
long chain having a diameter of 5-10 µm. The
carbon atoms are bonded together in microscopic
crystals that are mostly aligned parallel to the
long axis of fiber. The crystal alignment makes
the fiber incredibly strong for its size, which
enables its several applications where high
strength-weight ratio is required. Besides this,
carbon fiber also shows several properties, such
as excellent durability impact resistance, high
chemical resistance, low CTE (Coefficient of
Thermal Expansion), X-ray transparency, low
thermal and electrical conductivity, dampens
sound by absorbing sound waves, and design
flexibility. Market SegmentationThe global
carbon fiber wrap market is segmented based on
type of lay-up process, end-use industry, and
region. On the basis of the type of lay-up, the
global carbon wrap market is segmented into wet
carbon fiber lay-up and pre-impregnated carbon
fiber lay-up On the basis of the end-use
industry, the global carbon fiber wrap market is
segmented into automobile, consumer goods,
construction, sports, aerospace defense, wind
energy, and others. On the basis of the region,
the global carbon fiber wrap market is segmented
into Asia Pacific, North America, Europe, Latin
America, and Middle East and Africa.
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Carbon Fiber Wrap Market - 2023
Regional Analysis The global carbon fiber wrap
market is spanned across five regions namely Asia
Pacific, North America, Europe, Latin America,
and the Middle East Africa. Geographically,
Europe emerged as the largest market for carbon
fiber wrap in 2017, followed by Asia Pacific,
Middle East, and North America. In Europe, carbon
fiber wrap market is estimated to have steady
growth on account of robust presence of
automotive manufacturers, specifically in Italy,
U.K., Germany, Spain, France, and Russia. Asia
Pacific is estimated to witness healthy growth
over the forecast period, during 2017 to 2027.
The demand for carbon fiber wraps is estimated to
raise in various economies of Asia Pacific such
as China, India, Japan, Taiwan, Malaysia,
Thailand, Singapore, Australia, and South Korea.
The major market driver in Asia Pacific is the
consumer preference of carbon fiber wrap-based
automobiles parts, such as car hood, rear wing,
car interiors, motorcycle, laptops, and mobiles,
and sporting materials, such as golf shafts,
racquets, skis, snowboards, hockey sticks,
fishing rods, bats, and bicycles. Furthermore,
rapid commercial construction activities to
support the growing economies of developing
countries provide a major boost to the carbon
fiber wrap market. The North America carbon
fiber wrap market is projected to witness
above-average growth with a healthy CAGR over the
assessment period due to the strong growth of
aerospace industry along with increasing
commercial construction activities in this
region. In North America the market is further
categorized into Canada and U.S, among which, the
U.S accounted for more than half of the total
regional market share of carbon fiber wrap on
account of large defense budget along with high
adoption rate from aerospace industry.
Furthermore, various countries of Latin America
and the Middle East Africa are expected to
witness above-average growth in carbon fiber wrap
on account of increasing disposable income and
increasing in sales of passenger cars,
specifically in Brazil and Mexico as well as
growing institutional, commercial, and
residential construction activities in Saudi
Arabia, Kuwait, Qatar, and UAE. Key Players The
prominent players of the global carbon fiber wrap
market are 3M, DowAksa, SGL Group The Carbon
Company, Cytec Solvay Group, AXEVINYL, Sika
group, Metrorestyling.com, Grafityp UK Limited,
Slickwraps, Inc., Rvinyl.com, Inc., Vartega Inc.,
Mitsubishi Chemical Carbon Fiber and Composites,
Inc., and TORAY INDUSTRIES, INC.
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Carbon Fiber Wrap Market - 2023
TABLE OF CONTENTS 1 Executive Summary 2 Scope Of
The Report 3 Market Research Methodology 4 Market
Landscape 5 Industry Overview Of Global Carbon
Fiber Wrap Market 6 Market Trends 7. Global
Carbon Fiber Wrap Market, By Type Of Lay-Up 8.
Global Carbon Fiber Wrap Market, By End-Use
Industry 9. Global Carbon Fiber Wrap Market, By
Region 10. Company Landscape 11. Company
Profiles 12. Conclusion
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