PAN-Based Carbon Fibers Market 2019: With Top Key Player and Countries Data: Trends and Forecast 2023, Industry Analysis by Regions, Type and Applications

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PAN-Based Carbon Fibers Market Research Report -
Global Forecast till 2024
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2024
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PAN-Based Carbon Fibers Market - 2024
Global PAN-Based Carbon Fibers Market
Information by Product Type (Composite and
Non-Composite), Application (Aerospace Defense,
Wind Energy, Sports Leisure, Automotive,
Construction and others) and Region (North
America, Europe, Asia-Pacific, Latin America,
Middle East Africa) - Forecast till 2024 Market
Insights The Global Pan-Based Carbon Fibers
Market was valued at USD 3.24 billion in 2018 and
is projected to exhibit a CAGR of 11.6 during
the forecast period. The growing demand for
polymer reinforced carbon fiber composites is
expected to boost the growth of the global
PAN-based carbon fibers market. Furthermore, the
growing aerospace defense industry is likely to
ensure a stable revenue source to the global
PAN-based carbon fibers market during the
forecast period. Segmental Analysis The global
PAN-based carbon fibers market has been segmented
by type, application, and region. By type, the
global PAN carbon fibers market has been
segmented into composites and non-composites.
The composites segment held a larger market share
in 2018 by value and volume due to the increasing
demand for carbon fiber reinforced composites
across various industry verticals. The segment is
expected to register a higher CAGR during the
forecast period. On the basis of application, the
global PAN-based carbon fibers market has been
segmented into aerospace defense, automotive,
construction, wind energy, sports leisure, and
others. The aerospace defense segment
accounted for the largest share of over 50 in
2018 and is expected to exhibit the highest CAGR
during the forecast period. The growth of this
segment is attributed to the extensive use of
carbon fibers in the manufacturing of aircraft
body parts owing to its excellent strength to
weight ratio, which increases the overall
efficiency of the aircraft. Furthermore, the
increased government spending on defense
equipment is also contributing to the growth of
the segment.
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PAN-Based Carbon Fibers Market - 2024
Browse Full Report Details _at_ https//www.marketr
esearchfuture.com/reports/pan-based-carbon-fibers-
market-8053 Competitive Analysis Some of the
key players operating in the global PAN-based
carbon fibers market are SGL Carbon (Germany),
Hexcel Corporation (US), Mitsubishi Chemical
Corporation (Japan), Teijin Limited (Japan),
Toray Industries Inc. (Japan), Formosa Plastics
Corporation (Taiwan), Cytec Industries, Inc (US),
and Hyosung Corporation (South Korea). Regional
Analysis The global PAN-based carbon fibers
market has been studied with respect to five
regions, namely Asia-Pacific, North America,
Europe, Latin America, and the Middle East
Africa. The Asia-Pacific market held the largest
share in 2018 and is expected to register the
highest CAGR during the forecast period. North
America accounted for the second-largest market
share in 2018, which is further trailed by
Europe. The Latin American and the Middle East
African markets are expected to witness healthy
growth during the forecast period.
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PAN-Based Carbon Fibers Market - 2024
Table Of Contents 1 Executive Summary 2 Market
Introduction 3 Market Research Methodology 4
Market Dynamics Of Global PAN-Based Carbon Fibers
Market 5 Market Factor Analysis Of Global
PAN-Based Carbon Fibers Market 6. Global
PAN-Based Carbon Fibers Market, By Type 7. Global
PAN-Based Carbon Fibers Market, By Application 8.
Global PAN-Based Carbon Fibers Market, By
Region 9. Company Landscape 10. Company
Profiles 11. Conclusion
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