Carbon Fiber Resin Market evaluates the market share held by the key Players of the industry and offers a full assessment of the competitive landscape. This market is fragmented into different segments with the insightful analysis of each segment with respect to the geography for the study period. Based on the historical data, the report evaluation future prospects and provides the market trends, size, growth, and estimation for the period 2018-2025.
Carbon fiber resin is viscous component that is catalyzed and applied to thin strand of material composed of carbon. This resin act as curing agent and bonding agent to the fiber. Epoxy resin is most widely used resin in carbon fibers and are three times stronger than other substitutes. Owing to high strength and high temperature resistance, thermoset resin is the major type of carbon fiber resin used worldwide.
The major market drivers are increased demand for lightweight products and demand from aerospace and automotive industries. The market growth might be restricted due lower economic growth rates and expensive products due to high investment requirement under the study period.
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This report examines the global carbon fiber resin market and provides information regarding the revenue (USD Million) and volume (Kilo Tons) for the period 2018 to 2025. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
Carbon fiber resin adhere properties such as strength and stiffness, lightweight, corrosion resistance, chemical resistance, high viscosity, superior mechanical properties, etc. As a result of these properties and augmentation in aerospace and automotive industries are the factors responsible for the growth of this market. North America is the leading geography in this market followed by Europe. China and Brazil are amongst the fastest growing markets in carbon fiber resin industry.
Report includes a detailed analysis on value chain in order to provide a holistic view of the carbon fiber resin market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the carbon fiber resin industry, from raw material suppliers to end-users.
Major player assessed in the report are:
– 3M Company
– Aliancys
– Alpha Owens-Corning
– Ashland Inc.
– BASF SE
– Hexion Inc.
– Huntsman Corporation
– Kukdo Chemical Co. Ltd.
– Other
In terms of geography, the carbon fiber resin market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World (ROW). The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
Segmentations in the Report:
1. Carbon Fiber Resin Market Analysis By Type:
– Thermoset Resin
– Thermoplastic Resin
2. Carbon Fiber Resin Market Analysis By Form:
– Prepreg
– Non-Prepreg
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