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.
According to our (Global Info Research) latest study, the global Carbon Fiber for Wind Energy market size was valued at USD 628.9 million in 2022 and is forecast to a readjusted size of USD 939.1 million by 2029 with a CAGR of 5.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report is a detailed and comprehensive analysis for global Carbon Fiber for Wind Energy market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Carbon Fiber for Wind Energy market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2018-2029
Global Carbon Fiber for Wind Energy market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2018-2029
Global Carbon Fiber for Wind Energy market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2018-2029
Global Carbon Fiber for Wind Energy market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/Kg), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Carbon Fiber for Wind Energy
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Carbon Fiber for Wind Energy market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toray Industries, SGL Carbon, Tejin, Mitsubishi Chemical and Hexcel, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Carbon Fiber for Wind Energy market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
48K
24K
Below 12K
Market segment by Application
Onshore Wind Turbine Blades
Offshore Wind Turbine Blades
Major players covered
Toray Industries
SGL Carbon
Tejin
Mitsubishi Chemical
Hexcel
FPC
DowAksa
Zhongfu Shenying
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Carbon Fiber for Wind Energy product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Carbon Fiber for Wind Energy, with price, sales, revenue and global market share of Carbon Fiber for Wind Energy from 2018 to 2023.
Chapter 3, the Carbon Fiber for Wind Energy competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Carbon Fiber for Wind Energy breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Carbon Fiber for Wind Energy market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Carbon Fiber for Wind Energy.
Chapter 14 and 15, to describe Carbon Fiber for Wind Energy sales channel, distributors, customers, 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 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. 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.