Navigation Links
Lucintel’s Report Outlines Double-Digit Growth for Carbon Fiber Industry: Market to Reach $3 Billion in 2018
Date:1/18/2013

Irving, Texas (PRWEB) January 18, 2013

The global carbon fiber market is forecast to experience double-digit growth annually for the next five years in terms of dollars and pounds shipment respectively. In terms of dollar shipment, market is expected to reach $3.0 billion in 2018 from $1.8 billion in 2013. The industrial market is expected to witness annual double-digit growth while aerospace experiences high single-digit growth. The sporting goods market is likely to witness the lowest growth in 2013-2018 in terms of dollar shipment.

Lucintel, a leading global management consulting and market research firm, has analyzed the global carbon fiber market and presents its findings in “Growth Opportunities in the Global Carbon Fiber Market: 2013-2018.”

Lucintel’s research indicates future growth of the global carbon fiber industry will be driven by emerging applications such as wind blades; nuclear centrifuge rotor tubes; laptop cases; mobile phones; and risers, tethers and umbilical in the oil and gas industry. In addition, civil and bridge applications; CNG tanks, fuel cells, automotive applications in high-end cars; defense aircraft; commercial aerospace applications such as B787, A380, B747-8, A350; and next-generation narrow body aircraft are leading applications for carbon fiber use.

The industrial market is expected to see the highest growth among the other major sectors such as aerospace and sporting goods; and is forecast to grow at the highest rate annually over the next five years in terms of million dollars in shipments. More new carbon fiber suppliers from India, China, Russia, the Middle East, and other developing regions are likely to emerge. Although there will be a rise in pricing of final products due to material prices increasing annually over the next five years, this will be compensated because of an increase in manufacturing efficiency. Additionally, competition from offshore suppliers such as China and India will drive down the cost of end products.

The chemical research report, which provides trend scenarios and forecast statistics for 2013-2018; details industry drivers and challenges; compares properties and prices; and highlights major carbon fiber suppliers, also describes various carbon fiber properties, manufacturing processes, and more.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit http://www.lucintel.com.

Lucintel has started Live Chat in its Web Site to answer visitors' questions in real time with precision. Visitors can either chat with our experts or call them free of cost through Live Chat to get assistance about what they are looking for from Lucintel.

Read the full story at http://www.prweb.com/releases/2013/1/prweb10337601.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related biology technology :

1. Lucintel’s Analysis of Growth Opportunities in China’s Composites Industry: Expect Market to Surpass $11 Billion in 2017
2. Lucintel’s Analysis of the Global Glass Mat Thermoplastics Industry: Market is Expected to Reach US $481 Million in 2017
3. Palatin Technologies, Inc. to Report Fiscal Year 2012 First Quarter Results; Teleconference and Webcast to be held on November 15, 2011
4. Discovery Labs Reports Third Quarter Financial Results and Progress on Lead Programs
5. Verenium Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2011
6. Interleukin Genetics Reports Third Quarter 2011 Financial Results
7. Cell Therapeutics, Inc. Reports Results of Annual Meeting of Shareholders
8. Nile Therapeutics Reports 2011 Third Quarter Financial Results
9. Pharmasset Reports Fiscal Year End 2011 Financial Results
10. Palatin Technologies, Inc. Reports First Quarter Fiscal Year 2012 Results; Teleconference and Webcast to be held on November 15, 2011
11. SeraCare Reports Fiscal Year 2011 and Fourth Quarter Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/17/2017)... ... 2017 , ... OHAUS Corporation, a leading worldwide manufacturer of ... line of Heavy-Duty Orbital Shakers today. , Eight New Models Available, OHAUS has ... These shakers are ideal for load capacities from 35 to 150 pounds, ...
(Date:7/17/2017)... ... July 17, 2017 , ... DuPont Pioneer today announced the ... (openinnovation.pioneer.com) dedicated to connecting third-party innovators with DuPont Pioneer scientists is now ... technologies, biologicals and digital solutions. , “DuPont Pioneer is building on its long ...
(Date:7/14/2017)... ... July 14, 2017 , ... Sonic Manufacturing Technologies ... Technologies has installed a solar system on its roof top. “We will be ... of Sonic, Kenneth Raab stated. The company’s proud history of social responsibility and ...
(Date:7/13/2017)... (PRWEB) , ... July 13, 2017 , ... Thousands of ... and August for the National Aeromodeling Championships (Nats). Pilots come to Muncie to compete ... to earn spots on US teams that participate in world championships. , RC Pylon ...
Breaking Biology Technology:
(Date:4/17/2017)... MELBOURNE, Florida , April 17, 2017 ... security technology company, announces the filing of its 2016 Annual Report ... Securities and Exchange Commission. ... Report on Form 10-K is available in the Investor Relations section ... well as on the SEC,s website at http://www.sec.gov . ...
(Date:4/11/2017)... BROOKLYN, N.Y. , April 11, 2017 /PRNewswire-USNewswire/ ... identical fingerprints, but researchers at the New York ... University College of Engineering have found that partial ... fingerprint-based security systems used in mobile phones and ... previously thought. The vulnerability lies in ...
(Date:4/5/2017)... KEY FINDINGS The global market ... CAGR of 25.76% during the forecast period of 2017-2025. ... for the growth of the stem cell market. ... MARKET INSIGHTS The global stem cell market is segmented ... The stem cell market of the product is segmented ...
Breaking Biology News(10 mins):