Carbon fiber (CF) is a material consisting of fibers that are 92% or greater carbon. Each CF filament has a diameter on the order of 5 microns to 15 microns. Numerous parallel filaments are typically grouped together into what is referred to as a CF tow. The term tow count refers to the number of filaments per tow and is often expressed with nomenclature such as 24K where the letter K designates the number 1,000. Thus, 24K describes a CF tow having 24,000 filaments. CF having 24,000 or less filaments is referred to as small tow. The most common small-tow product forms are 1K, 3K, 6K, 12K, and 24K tows. Tows having more than 24K filaments are referred to as large tow, with 48K and 50K tows being common large-tow product forms. However, tows with multiple hundreds of thousands filaments are also available. Smalltow material properties, including higher tensile strength and higher modulus when laid or woven into a composite, are superior to large tow and consequently predominately used in industries such as aerospace where high performance is demanded. However, small-tow fibers are more costly than high tow fibers. Another CF classification is by precursor material, which is the multi-element starting material subjected to heat treatment so that nearly all non-carbon atoms are ejected and only carbon remains. Precursor materials include rayon, pitch, and polyacrylonitrile (PAN). The latter, PAN, has more than 96% of the CF market due to its cost-effectiveness and the quality of the fiber produced. Carbon fiber can also be classified as one of three modulus (i.e., a substance’s resistance to being deformed elastically when force is applied to it) groups: standard modulus, intermediate modulus, and high modulus as shown in Table 1. Standard modulus CF has 80%–90% of total market today. Carbon fiber cost has strong positive correlation with modulus. Carbon fiber is also classified by tensile strength, which can be loosely correlated with modulus. Table 1 shows that high-modulus and ultra-high-modulus CF can have lower tensile strength than intermediate modulus as strength declines when undergoing the processes required to achieve high- and ultra-high modulus. Other notable physical properties of carbon fibers include light weight (1.78 grams per cubic centimeter [gm/cc] vs. 8.1 gm/cc for traditional steel), good fatigue resistance and electrical conductivity, chemical inertness, and low coefficient of thermal expansion.
The global market for Carbon Fiber for Wind Energy is estimated to increase from US$ 597.9 million in 2021 to reach US$ 922.5 million by 2028, exhibiting a CAGR of 6.4% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global key players of Carbon Fiber for Wind Energy include Toray Industries and SGL Carbon, etc. Global top two manufacturers hold a share over 60%. United States is the largest producer of Carbon Fiber for Wind Energy, with a share over 40%, followed by Europe and China.
Report Coverage
This latest report provides a deep insight into the global Carbon Fiber for Wind Energy market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Carbon Fiber for Wind Energy market, with both quantitative and qualitative data, to help readers understand how the Carbon Fiber for Wind Energy market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in MT.
Market Segmentation:
The study segments the Carbon Fiber for Wind Energy market and forecasts the market size by Type (48K, 24K and Below 12K), by Application (Onshore Wind Turbine Blades and Offshore Wind Turbine Blades.), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
48K
24K
Below 12K
Segmentation by application
Onshore Wind Turbine Blades
Offshore Wind Turbine Blades
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Toray Industries
SGL Carbon
Tejin
Mitsubishi Chemical
Hexcel
FPC
DowAksa
Zhongfu Shenying
Chapter Introduction
Chapter 1: Scope of Carbon Fiber for Wind Energy, Research Methodology, etc.
Chapter 2: Executive Summary, global Carbon Fiber for Wind Energy market size (sales and revenue) and CAGR, Carbon Fiber for Wind Energy market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Carbon Fiber for Wind Energy sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Carbon Fiber for Wind Energy sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Carbon Fiber for Wind Energy market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Toray Industries, SGL Carbon, Tejin, Mitsubishi Chemical, Hexcel, FPC, DowAksa and Zhongfu Shenying, etc.
Chapter 14: Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Carbon Fiber for Wind Energy. Industry analysis & Market Report on Carbon Fiber for Wind Energy is a syndicated market report, published as Global Carbon Fiber for Wind Energy Market Growth 2022-2028. It is complete Research Study and Industry Analysis of Carbon Fiber for Wind Energy market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.