Growing Demand from Application Industries Like Automotive, Construction and Aviation to Bolster Carbon Fiber Filament Market Demand: States Fact.MR

Published By Pressat [English], Wed, Dec 8, 2021 5:49 AM


250 Pages of Market Study Conducted on the Carbon Fiber Filament Market by Fact.MR, a Market Research and Competitive Intelligence Provider Offers Vital Insights into Key Factors and its Consequent Impact on the Demand and Sales of the Carbon Fiber Filament over the Forecast Period 2021-2031

Carbon fiber filament may be defined as the combination of short fiber strands and specific printable materials. The carbon fiber filament offers various advantages that includes lighter in weight, good dimensional stability, high strength, stiffness etc.

These filaments are widely being used across various application industries including Aerospace and Defense, Automotive and Transportation, Construction and others. The global carbon fiber filament market is expected to foray ahead with a substantial CAGR over the forecast period, 2018-2028. The rise in demand for lighter-weight vehicles and aircraft is identified as one of the recent trends within the market.

The latest report by Fact.MR, examines the Carbon Fiber Filament market demand, growth opportunities and Carbon Fiber Filament market size and share. The report tracks Carbon Fiber Filament sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study analyzes Carbon Fiber Filament market key trends that are currently determining the overall growth.

To Get In-depth Insights Request for Sample here – application industries worldwide is providing huge growth prospectus to market over the forecast period

High demand for carbon fiber filaments from the automotive, construction, and aviation industries is leveraging huge adoption opportunities for the market. As per OICA (International Organization of Motor Vehicle Manufacturers), Paris, the total cars and commercial vehicle production in 2016 were recorded to be around 72.1 million that further escalated up to 73.4 million in 2017.

The automotive industry in particular calls for high adoption of carbon fiber filament as these is widely used in automotive interiors and exteriors. In addition, according to the Institution of Civil Engineers, UK, a report “Global Construction Perspectives and Oxford Economics” suggests that the global construction market is expected to reach US$ 8 trillion by the end of 2030.

Prominent players in the global carbon fiber filament market are colorFabb, MatterHackers, Teijin Carbon, SGL Group, Kureha Corporation, Toray Industries Inc., Mitsubishi Rayon Co. etc. The carbon fiber filament market is equipped with various global and local vendors.

The research report presents a comprehensive assessment of the Carbon fiber filament market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data.

Request Customized Report as Per Your Requirements – global carbon fiber filament market is bifurcated into three major segments that are material, technology and application.

On the basis of material, the global carbon fiber filament market is divided into:

On the basis of technology, the global carbon fiber filament market is divided into:

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Alison Lancaster

Editorial
[email protected]