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

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

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

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:
(Date:6/24/2016)... NY (PRWEB) , ... June 24, 2016 , ... While ... machines such as the Cary 5000 and the 6000i models are higher end machines ... is the height of the spectrophotometer’s light beam from the bottom of the cuvette ...
(Date:6/23/2016)... ... 23, 2016 , ... Mosio, a leader in clinical research ... Recruitment and Retention Tips.” Partnering with experienced clinical research professionals, Mosio revisits the ... tools, and strategies for clinical researchers. , “The landscape of how patients receive ...
(Date:6/23/2016)... 2016   Boston Biomedical , an industry ... to target cancer stemness pathways, announced that its ... Drug Designation from the U.S. Food and Drug ... including gastroesophageal junction (GEJ) cancer. Napabucasin is an ... cancer stemness pathways by targeting STAT3, and is ...
(Date:6/23/2016)... A person commits a crime, and the detective ... the criminal down. An outbreak of foodborne illness ... (FDA) uses DNA evidence to track down the bacteria that ... It,s not. The FDA has increasingly used a complex, cutting-edge ... illnesses. Put as simply as possible, whole genome sequencing is ...
Breaking Biology Technology:
(Date:4/28/2016)... and BANGALORE, India , April ... EdgeVerve Systems, a product subsidiary of Infosys (NYSE: ... today announced a global partnership that will provide ... to use mobile banking and payment services.      ... a key innovation area for financial services, but it also ...
(Date:4/15/2016)... -- A new partnership announced today will help life ... a fraction of the time it takes today, ... insurance policies to consumers without requiring inconvenient and ... rapid testing (A1C, Cotinine and HIV) and higi,s ... pulse, BMI, and activity data) available at local ...
(Date:3/31/2016)... March 31, 2016  Genomics firm Nabsys has completed ... Barrett Bready , M.D., who returned to the ... original technical leadership team, including Chief Technology Officer, ... Development, Steve Nurnberg and Vice President of Software and ... company. Dr. Bready served as CEO of ...
Breaking Biology News(10 mins):