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Carbon Fiber in Light Weight Pressure Vessels Market to 2027 - Global Analysis and Forecasts by Precursor Type (PAN, Pitch), by Tow Size (12 k to 24k, 24k above), and Geography

RnM3728057
10 September, 2019
Global
144 Pages
The Insight Partners
Other

The global carbon fiber in light weight pressure vessels market accounted to US$ 187.0 Mn in 2018 and is expected to grow at a CAGR of 11.4% during the forecast period 2019 – 2027, to account to US$ 486.5 Mn by 2027. The carbon fibers are widely being used in pressure vessel applications due to its superior properties like light weight, corrosion resistance, high stiffness, high strength, longer life spans, as compared to other materials like aluminum, steel, and others. The carbon fiber is a rigid, chemically inert material which makes it difficult to compress and stretch. The carbon fibers provide high strength to the vessels, which helps in preventing the explosions of gases storage systems. Carbon fiber in light weight pressure vessels are increasingly being manufactured through filament winding process in which continuous fiber filaments are being wound on an assistant mandrel.

The global carbon fiber in light weight pressure vessels market is bifurcated on the basis of precursors into Polyacrylonitrile (PAN) and pitch. The Polyacrylonitrile (PAN) segment accounted for the largest share in the global carbon fiber in light weight pressure vessels market. Polyacrylonitrile (PAN) is carbon fiber that contains approximately 68% of carbon and is one of the most widely used precursors for carbon fibers. PAN is polymerized from acrylonitrile (AN) by the commonly used inhibitors such as azo compounds and peroxides through the polymerization process. The process consists of two types as suspension polymerization and solution polymerization. An upsurge in the manufacturing and production of Polyacrylonitrile is driving the growth of carbon fiber in the light-weight pressure vessels market.

Rising demands from automotive and industrial applications are driving the growth of the carbon fiber is light weight pressure vessels market. The carbon fiber offers high modulus and specific strength, high fatigue strength, high stiffness, high pressure withstanding capacity, lower thermal expansion coefficient, corrosion-resistant, and other beneficial properties, which makes them a feasible option for pressure vessels in automotive and other industrial applications. Also, the rising demands of lightweight materials along with government initiatives are also expected to drive the growth of carbon fiber in light weight pressure vessels market.
Lightweight pressure vessels are majorly used in natural gas and hydrogen gas storage cylinders, high-pressure gas storage tanks, compressed natural gas fuel tanks, rocket motors, portable water storage tanks, and other commercial applications. APAC region is the fastest-growing region for carbon fiber-based pressure vessels, as with increasing population and growing environmental concerns governments in countries such as India, China, Japan, among others are focusing on energy-efficient and environmental friendly CNG vehicles. The growing demand from the automotive industry is expected to drive the carbon fiber in light weight pressure vessels market in the region

Some of the players present in global carbon fiber in light weight pressure vessels market are HYOSUNG CORPORATION, Solvay, Formosa Plastics Corporation, Toray Industries, Inc., Teijin Limited, SGL Carbon, Mitsubishi Chemical Corporation, Kureha Corporation, Hexcel Corporation, Dowaksa among others.

The overall global carbon fiber in light weight pressure vessels market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the carbon fiber in light weight pressure vessels market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the carbon fiber in light weight pressure vessels market.

1. Introduction

1.1 Scope Of The Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Global Carbon Fiber in Light-Weight Pressure Vessels Market – By Precursor
- 1.3.2 Global Carbon Fiber in Light-Weight Pressure Vessels Market – By Tow Size
- 1.3.3 Global Carbon Fiber in Light-Weight Pressure Vessels Market – By Geography

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Carbon Fiber In Lightweight Pressure Vessels Market Landscape

4.1 Market Overview
4.2 PEST Analysis
- 4.2.1 North America PEST Analysis
- 4.2.2 Europe PEST Analysis
- 4.2.3 Asia Pacific PEST Analysis
- 4.2.4 Rest of the World PEST Analysis
4.3 Expert Opinions
4.4 Competing Factors On The Global Demand Of Carbon Fiber For End User Industry
- 4.4.1 Threat of New Entrant
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of Substitute
- 4.4.4 Bargaining Power of Suppliers
- 4.4.5 Intensity of Competitive Revelry
4.5 Global Supply Chain Analysis
4.6 Carbon Fiber – Pricing Analysis
- 4.6.1 Pricing Analysis of Carbon Fiber in North America
- 4.6.2 Pricing Analysis of Carbon Fiber in Europe
- 4.6.3 Pricing Analysis of Carbon Fiber in Asia-Pacific

5. Carbon Fiber In Lightweight Pressure Vessels Market – Key Industry Dynamics

5.1 Key Market Drivers
- 5.1.1 Rising demands from automotive and industrial applications
5.2 Key Market Restraints
- 5.2.1 High costs and other disadvantages associated with carbon fibers
5.3 Key Market Opportunities
- 5.3.1 Increasing demands for carbon fibers and rise in production of natural gas vehicles in North America
5.4 Key Future Trends
- 5.4.1 Growing application of carbon fiber based pressure vessels in fuel cell vehicles
5.5 Impact Analysis

6. Carbon Fiber In Lightweight Pressure Vessels– Global Market Analysis

6.1 Global carbon fiber in lightweight pressure vessels Market Overview
6.2 Global carbon fiber in lightweight pressure vessels Market Forecast And Analysis
6.3 Market Positioning

7. Global Carbon Fiber In Light-Weight Pressure Vessels Market Analysis – By Precursors

7.1 Overview
7.2 Global Carbon Fiber In Light-Weight Pressure Vessels Market Breakdown, By Precursors, 2018 & 2027
7.3 Polyacrylonitrile (PAN)
- 7.3.1 Overview
- 7.3.2 Global Polyacrylonitrile (PAN) Market Revenue Forecasts to 2027 (US$ Mn)
7.4 Pitch
- 7.4.1 Overview
- 7.4.2 Global Pitch Market Revenue Forecasts to 2027 (US$ Mn)

8. Global Carbon Fiber In Light-Weight Pressure Vessels Market Analysis – By Tow Size

8.1 Overview
8.2 Global Carbon Fiber In Light-Weight Pressure Vessels Market Breakdown, By Tow Size, 2018 & 2027
8.3 12k To 24k
- 8.3.1 Overview
- 8.3.2 Global 12K To 24K Market Volume And Revenue Forecasts To 2027 (US$ Mn)
8.4 Above 24K
- 8.4.1 Overview
- 8.4.2 Global 24K Above Market Revenue Forecasts to 2027 (US$ Mn)

9. Carbon Fiber In Lightweight Pressure Vessels Market – Geographic Analysis

9.1 Overview
9.2 North America Carbon Fiber In Lightweight Pressure Vessels Market Revenue And Forecasts To 2027
- 9.2.1 North America Carbon Fiber in Lightweight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.2.2 North America Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Precursors
- 9.2.3 North America Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Tow Size
- 9.2.4 North America Carbon Fiber in Lightweight Pressure Vessels Market Breakdown, by Key Countries
  - 9.2.4.1 U.S. Carbon Fiber in Lightweight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN)
  - 9.2.4.1.1 U.S. Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Precursors
  - 9.2.4.1.2 U.S. Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Tow Size
  - 9.2.4.2 Canada Carbon Fiber in Lightweight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN)
  - 9.2.4.2.1 Canada Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Precursors
  - 9.2.4.2.2 Canada Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Tow Size
  - 9.2.4.3 Mexico Carbon Fiber in Lightweight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN)
  - 9.2.4.3.1 Mexico Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Precursors
  - 9.2.4.3.2 Mexico Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Tow Size
  - 9.3 Europe Carbon Fiber In Lightweight Pressure Vessels Market Revenue And Forecasts To 2027
    - 9.3.1 Europe Carbon Fiber in Lightweight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ Mn)
    - 9.3.2 Europe Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Precursors
    - 9.3.3 Europe Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Tow Size
    - 9.3.4 Europe Carbon Fiber in Lightweight Pressure Vessels Market Breakdown, by Key Countries
      - 9.3.4.1 Germany Carbon Fiber in Lightweight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN)
      - 9.3.4.1.1 Germany Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Precursors
      - 9.3.4.1.2 Germany Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Tow Size
      - 9.3.4.2 U.K. Carbon Fiber in Lightweight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN)
      - 9.3.4.2.1 U.K. Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Precursors
      - 9.3.4.2.2 U.K. Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Tow Size
      - 9.3.4.3 France Carbon Fiber in Lightweight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN)
      - 9.3.4.3.1 France Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Precursors
      - 9.3.4.3.2 France Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Tow Size
      - 9.3.4.4 Italy Carbon Fiber in Lightweight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN)
      - 9.3.4.4.1 Italy Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Precursors
      - 9.3.4.4.2 Italy Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Tow Size
      - 9.3.4.5 Russia Carbon Fiber in Lightweight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN)
      - 9.3.4.5.1 Russia Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Precursor
      - 9.3.4.5.2 Russia Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Tow Size
      - 9.3.4.6 Rest Of Europe Carbon Fiber in Lightweight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN)
      - 9.3.4.6.1 Rest of Europe Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Precursors
      - 9.3.4.6.2 Rest of Europe Carbon Fiber in Lightweight Pressure Vessels Market Breakdown by Tow Size
      - 9.4 Asia Pacific Carbon Fiber In Light-Weight Pressure Vessels Market Revenue And Forecasts To 2027
        9.4.1 Asia Pacific Carbon Fiber in Light-Weight Pressure Vessels Market Revenue Forecasts to 2027(US$ Mn)
        9.4.2 Asia Pacific Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Precursors
        9.4.3 Asia Pacific Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Tow Size
        9.4.4 Asia Pacific Carbon fiber in light-weight pressure vessels Market Breakdown, by Key Countries
        9.4.4.1 Australia Carbon Fiber in Light-Weight Pressure Vessels Market Revenue Forecasts to 2027 (US$ MN )
        9.4.4.1.1 Australia Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Precursors
        9.4.4.1.2 Australia Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Tow Size
        9.4.4.2 China Carbon Fiber in Light-Weight Pressure Vessels Market Revenue Forecasts to 2027 (US$ MN )
        9.4.4.2.1 China Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Precursors
        9.4.4.2.2 China Carbon fiber in light-weight pressure vessels Market Breakdown by Tow Size
        9.4.4.3 India Carbon Fiber in Light-Weight Pressure Vessels Market Revenue Forecasts to 2027 (US$ MN )
        9.4.4.3.1 India Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Precursors
        9.4.4.3.2 India Carbon fiber in light-weight pressure vessels Market Breakdown by Tow Size
        9.4.4.4 Japan Carbon Fiber in Light-Weight Pressure Vessels Market Revenue Forecasts to 2027 (US$ MN )
        9.4.4.4.1 Japan Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Precursors
        9.4.4.4.2 Japan Carbon Fiber In Light-Weight Pressure Vessels Market Breakdown by Tow Size
        9.4.4.5 South Korea Carbon Fiber in Light-Weight Pressure Vessels Market Revenue Forecasts to 2027 (US$ MN )
        9.4.4.5.1 South Korea Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Precursors
        9.4.4.5.2 South Korea Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Tow Size
        9.4.4.6 Rest of Asia Pacific Carbon Fiber In Light-Weight Pressure Vessels Market Revenue Forecasts to 2027 (US$ MN )
        9.4.4.6.1 Rest of Asia Pacific Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Precursors
        9.4.4.6.2 Rest of Asia Pacific Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Tow Size
        9.5 Rest of the World Carbon Fiber in Light-Weight Pressure Vessels Market Revenue And Forecasts To 2027
        9.5.1 Rest of the World Carbon Fiber in Light-Weight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN)
        9.5.2 Rest of the World Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Type
        9.5.3 Rest of the World Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Tow Size
        9.5.4 Rest of the World Carbon fiber in light-weight pressure vessels Market Breakdown, by Key Countries
        9.5.4.1 Brazil Carbon Fiber in Light-Weight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN )
        9.5.4.1.1 Brazil Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Precursors
        9.5.4.1.2 Brazil Carbon fiber in light-weight pressure vessels Market Breakdown by Tow Size
        9.5.4.2 Argentina Carbon Fiber in Light-Weight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN )
        9.5.4.2.1 Argentina Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Precursors
        9.5.4.2.2 Argentina Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Tow Size
        9.5.4.3 Rest of the World Carbon Fiber in Light-Weight Pressure Vessels Market Revenue and Forecasts to 2027 (US$ MN )
        9.5.4.3.1 Rest of the World Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Precursors
        9.5.4.3.2 Rest of the World Carbon Fiber in Light-Weight Pressure Vessels Market Breakdown by Tow Sze
        10. Industry Landscape
        10.1 Merger & Acquisition
        10.2 Others
        10.3 Product News
        10.4 Investment Scenario
        11. Company Profiles
        11.1 HYOSUNG CORPORATION
        11.1.1 Key Facts
        11.1.2 Business Description
        11.1.3 Products and Services
        11.1.4 Financial Overview
        11.1.5 SWOT Analysis
        11.1.6 Key Developments
        11.2 Solvay
        11.2.1 Key Facts
        11.2.2 Business Description
        11.2.3 Financial Overview
        11.2.4 SWOT Analysis
        11.2.5 Key Developments
        11.3 Formosa Plastics Corporation
        11.3.1 Key Facts
        11.3.2 Business Description
        11.3.3 Products and Services
        11.3.4 Financial Overview
        11.3.5 SWOT Analysis
        11.3.6 Key Developments
        11.4 Toray Industries, Inc.
        11.4.1 Key Facts
        11.4.2 Business Description
        11.4.3 Products and Services
        11.4.4 Financial Overview
        11.4.5 SWOT Analysis
        11.4.6 Key Developments
        11.5 Teijin Limited
        11.5.1 Key Facts
        11.5.2 Business Description
        11.5.3 Products and Services
        11.5.4 Financial Overview
        11.5.5 SWOT Analysis
        11.5.6 Key Developments
        11.6 SGL Carbon
        11.6.1 Key Facts
        11.6.2 Business Description
        11.6.3 Products and Services
        11.6.4 Financial Overview
        11.6.5 SWOT Analysis
        11.6.6 Key Developments
        11.7 Mitsubishi Chemical Corporation
        11.7.1 Key Facts
        11.7.2 Business Description
        11.7.3 Products and Services
        11.7.4 Financial Overview
        11.7.5 SWOT Analysis
        11.7.6 Key Developments
        11.8 Kureha Corporation
        11.8.1 Key Facts
        11.8.2 Business Description
        11.8.3 Products and Services
        11.8.4 Financial Overview
        11.8.5 SWOT Analysis
        11.9 Hexcel Corporation
        11.9.1 Key Facts
        11.9.2 Business Description
        11.9.3 Products and Services
        11.9.4 Financial Overview
        11.9.5 SWOT Analysis
        11.9.6 Key Developments
        11.10 Dowaksa
        11.10.1 Key Facts
        11.10.2 Business Description
        11.10.3 Products and Services
        11.10.4 Financial Overview
        11.10.5 SWOT Analysis
        11.10.6 Key Developments
        12. Appendix
        12.1 About The Insight Partners

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Summary:
Get latest Market Research Reports on Carbon Fiber in Light Weight Pressure Vessels. Industry analysis & Market Report on Carbon Fiber in Light Weight Pressure Vessels is a syndicated market report, published as Carbon Fiber in Light Weight Pressure Vessels Market to 2027 - Global Analysis and Forecasts by Precursor Type (PAN, Pitch), by Tow Size (12 k to 24k, 24k above), and Geography. It is complete Research Study and Industry Analysis of Carbon Fiber in Light Weight Pressure Vessels market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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Carbon Fiber in Light Weight Pressure Vessels Market to 2027 - Global Analysis and Forecasts by Precursor Type (PAN, Pitch), by Tow Size (12 k to 24k, 24k above), and Geography

Table Of Content

TABLE OF CONTENTS

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Carbon Fiber In Lightweight Pressure Vessels Market Landscape

5. Carbon Fiber In Lightweight Pressure Vessels Market – Key Industry Dynamics

6. Carbon Fiber In Lightweight Pressure Vessels– Global Market Analysis

7. Global Carbon Fiber In Light-Weight Pressure Vessels Market Analysis – By Precursors

8. Global Carbon Fiber In Light-Weight Pressure Vessels Market Analysis – By Tow Size

9. Carbon Fiber In Lightweight Pressure Vessels Market – Geographic Analysis

10. Industry Landscape

11. Company Profiles

12. Appendix

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