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1007395

Asia Pacific Carbon Fiber Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Raw Material (PAN and Pitch) and End Use Industry (Automotive, Aerospace and Defense, Construction, Sporting Goods, Wind Energy, and Others)

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Asia Pacific Carbon Fiber Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Raw Material (PAN and Pitch) and End Use Industry (Automotive, Aerospace and Defense, Construction, Sporting Goods, Wind Energy, and Others)
Published: May 4, 2021
The Insight Partners
Content info: 104 Pages
Delivery time: 1-2 business days
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Description

The APAC carbon fiber market is expected to grow from US$ 1,098.99 million in 2019 to US$ 2,571.34 million by 2027; it is estimated to grow at a CAGR of 11.4% from 2020 to 2027. The growing use of carbon in 3D printing is bolstering the market growth. In recent years, 3D printers have attracted attention as a multi-product small volume production technology. 3D printing carbon fiber is the most popular additive manufacturing technology, followed by metal. Carbon fiber is produced from the aligned strands of carbon atoms that exhibit extremely high strength in tension. The thin and brittle nature of carbon fiber makes it easy to break in any application. Moreover, when grouped and adhered together using a bonding agent, the carbon fiber distributes load eventually and form a strong and light composite material. These carbon fiber composites are available in the form of sheets, tubes, or custom-molded features. They are used in various industries, such as aerospace and automotive. Carbon fiber-reinforced plastics are the plastics that are mixed with carbon fibers. Carbon fiber-reinforced plastics are added to the carbon fiber to foster the elasticity and strength of the 3D printed parts. Compared to many of the metals, these composite materials have more strength and much less weight. Additionally, the use of carbon fibers to mix with plastic resins is one of the best strategies to fortify the mechanical properties of 3D printed portions. Carbon fiber-reinforced composite 3D printing is among the most sought-after additive manufacturing technologies. Printing carbon fibers with a 3D printer have become popular over the past few years. It is projected that companies will show an increasing interest in the additive technology due to its advantages such as potential cost reductions, higher part complexity, and functional integration. The increasing usage of carbon fiber in the sporting goods industry is among the other factors expected to positively influence its demand across APAC during the forecast period

The COVID-19 outbreak pandemic is causing a significant economic loss in Asia Pacific. The consequence and impact of the pandemic can be even worse, and it totally depends on the spread of the virus. The governments of various countries in the region are taking possible steps to prevent the spread of the virus by imposing lockdown, which, in turn, is negatively impacting the growth of the APAC carbon fiber market

The APAC carbon fiber market is segmented on the basis of raw material, end use industry, and country. Based on raw material, the market is bifurcated into PAN and Pitch. In 2019, the PAN segment held a larger market share. Based on end user industry, the APAC carbon fiber market is segmented into automotive, aerospace and defense, construction, sporting goods, wind energy, and others. The market for the aerospace and defense segment is expected to grow fastest during the forecast period.

The overall APAC carbon fiber market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the APAC carbon fiber market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the APAC carbon fiber market. DowAksa; Formosa Plastic Corporation; Hexcel Corporation; Hyosung Corporation; Kureha Corporation; Mitsubishi Chemical Corporation; SGL Carbon; Solvay; Teijin Limited; and Toray Industries, Inc are among the leading companies operating in the market

Reasons to Buy:

To understand the Asia Pacific Carbon Fiber Market landscape and identify market segments that are most likely to guarantee a strong return

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Efficiently plan Asia Pacific and partnership deals in Asia Pacific Carbon Fiber Market by identifying market segments with the most promising probable sales

Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific Carbon Fiber Market

Obtain market revenue forecast for market by various segments from 2021-2028 in Asia Pacific region.

Table of Contents
Product Code: TIPRE00007897

Table Of Contents

1. Introduction

  • 1.1 Scope of the Study
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation
    • 1.3.1 APAC Carbon Fiber Market, by Raw Material
    • 1.3.2 APAC Carbon Fiber Market, by End Use Industry
    • 1.3.3 APAC Carbon Fiber Market, by Country

2. Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. Carbon Fiber Market Landscape

  • 4.1 Market Overview
  • 4.2 PEST Analysis
    • 4.2.1 PEST Analysis: APAC Carbon Fiber Market
  • 4.3 Expert Opinions

5. APAC Carbon Fiber Market - Key Industry Dynamics

  • 5.1 Key Market Drivers
    • 5.1.1 Escalating demands from automotive and aerospace applications
    • 5.1.2 Growing usage of carbon fiber in wind energy industry
  • 5.2 Key Market Restraints
    • 5.2.1 Surge in costs and other disadvantages associated with carbon fibers
  • 5.3 Key Market Opportunities
    • 5.3.1 Increasing usage of carbon fiber in the sporting goods industry
  • 5.4 Key Future Trends
    • 5.4.1 Growing use of carbon in 3D printing
  • 5.5 Impact Analysis

6. Carbon Fiber- APAC Market Analysis

  • 6.1 AAPC Carbon Fiber Market Overview
  • 6.2 APAC Carbon Fiber Market Forecast And Analysis

7. APAC Carbon Fiber Market Analysis - by Raw Material

  • 7.1 Overview
  • 7.2 APAC Carbon Fiber Market Breakdown, By Raw Material, 2019 & 2027
  • 7.3 Polyacrylonitrile (PAN)
    • 7.3.1 Overview
    • 7.3.2 APAC PAN Market Revenue Forecasts to 2027 (US$ Mn)
  • 7.4 Pitch
    • 7.4.1 Overview
    • 7.4.2 APAC Pitch Market Revenue Forecasts to 2027 (US$ Mn)

8. APAC Carbon Fiber Market Analysis - By End-Use Industry

  • 8.1 Overview
  • 8.2 APAC Carbon Fiber Market Breakdown, By End-Use Industry, 2019 & 2027
  • 8.3 Automotive
    • 8.3.1 Overview
    • 8.3.2 APAC Automotive Market Revenue and Forecasts to 2027 (US$ MN)
  • 8.4 Aerospace and Defense
    • 8.4.1 Overview
    • 8.4.2 APAC Aerospace and Defense Revenue And Forecasts to 2027 (US$ MN)
  • 8.5 Construction
    • 8.5.1 Overview
    • 8.5.2 APAC Construction Revenue and Forecasts to 2027 (US$ MN)
  • 8.6 Sporting Goods
    • 8.6.1 Overview
    • 8.6.2 APAC Sporting Goods Revenue and Forecasts to 2027 (US$ MN)
  • 8.7 Wind Energy
    • 8.7.1 Overview
    • 8.7.2 APAC Wind Energy Revenue and Forecasts to 2027 (US$ MN)
  • 8.8 Others
    • 8.8.1 Overview
    • 8.8.2 APAC Others Revenue and Forecasts to 2027 (US$ MN)

9. Country Analysis of APAC Carbon Fiber Market

  • 9.1 APAC Carbon Fiber Market Revenue And Forecasts To 2027
    • 9.1.1 APAC Carbon Fiber Market Revenue Forecasts to 2027 (US$ Mn)
    • 9.1.2 APAC Carbon Fiber Market Breakdown by Raw Material
    • 9.1.3 APAC Carbon Fiber Market Breakdown by End Use Industry
    • 9.1.4 APAC Carbon Fiber Market Breakdown, by Country
      • 9.1.4.1 China Carbon Fiber Market Revenue Forecasts to 2027 (US$ MN )
        • 9.1.4.1.1 China Carbon Fiber Market Breakdown by Raw Material
        • 9.1.4.1.2 China Carbon Fiber Market Breakdown by End Use Industry
      • 9.1.4.2 India Carbon Fiber Market Revenue Forecasts to 2027 (US$ MN )
        • 9.1.4.2.1 India Carbon Fiber Market Breakdown by Raw Material
        • 9.1.4.2.2 India Carbon Fiber Market Breakdown by End Use Industry
      • 9.1.4.3 Japan Carbon Fiber Market Revenue Forecasts to 2027 (US$ MN )
        • 9.1.4.3.1 Japan Carbon Fiber Market Breakdown by Raw Material
        • 9.1.4.3.2 Japan Carbon Fiber Market Breakdown by End Use Industry
      • 9.1.4.4 South Korea Carbon Fiber Market Revenue Forecasts to 2027 (US$ MN )
        • 9.1.4.4.1 South Korea Carbon Fiber Market Breakdown by Raw Material
        • 9.1.4.4.2 South Korea Carbon Fiber Market Breakdown by End Use Industry
      • 9.1.4.5 Taiwan Carbon Fiber Market Revenue Forecasts to 2027 (US$ MN )
        • 9.1.4.5.1 Taiwan Carbon Fiber Market Breakdown by Raw Material
        • 9.1.4.5.2 Taiwan Carbon Fiber Market Breakdown by End Use Industry
      • 9.1.4.6 Rest of APAC Carbon Fiber Market Revenue Forecasts to 2027 (US$ MN )
        • 9.1.4.6.1 Rest of APAC Carbon Fiber Market Breakdown by Raw Material
        • 9.1.4.6.2 Rest of APAC Carbon Fiber Market Breakdown by End Use Industry

10. Overview- Impact of COVID-19

  • 10.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

  • 11.1 Merger & Acquisition
  • 11.2 Product news
  • 11.3 Investment Scenario

12. Company Profiles

  • 12.1 Formosa Plastics Corporation
    • 12.1.1 Key Facts
    • 12.1.2 Business Description
    • 12.1.3 Products and Services
    • 12.1.4 Financial Overview
    • 12.1.5 SWOT Analysis
    • 12.1.6 Key Developments
  • 12.2 Hexcel Corporation
    • 12.2.1 Key Facts
    • 12.2.2 Business Description
    • 12.2.3 Products and Services
    • 12.2.4 Financial Overview
    • 12.2.5 SWOT Analysis
    • 12.2.6 Key Developments
  • 12.3 Hyosung Corporation
    • 12.3.1 Key Facts
    • 12.3.2 Business Description
    • 12.3.3 Products and Services
    • 12.3.4 Financial Overview
    • 12.3.5 SWOT Analysis
    • 12.3.6 Key Developments
  • 12.4 Kureha Corporation
    • 12.4.1 Key Facts
    • 12.4.2 Business Description
    • 12.4.3 Products and Services
    • 12.4.4 Financial Overview
    • 12.4.5 SWOT Analysis
  • 12.5 Mitsubishi Chemical Corporation
    • 12.5.1 Key Facts
    • 12.5.2 Business Description
    • 12.5.3 Products and Services
    • 12.5.4 Financial Overview
    • 12.5.5 SWOT Analysis
    • 12.5.6 Key Developments
  • 12.6 SGL Carbon
    • 12.6.1 Key Facts
    • 12.6.2 Business Description
    • 12.6.3 Products and Services
    • 12.6.4 Financial Overview
    • 12.6.5 SWOT Analysis
    • 12.6.6 Key Developments
  • 12.7 Solvay
    • 12.7.1 Key Facts
    • 12.7.2 Business Description
    • 12.7.3 Financial Overview
    • 12.7.4 SWOT Analysis
    • 12.7.5 Key Developments
  • 12.8 Teijin Limited
    • 12.8.1 Key Facts
    • 12.8.2 Business Description
    • 12.8.3 Products and Services
    • 12.8.4 Financial Overview
    • 12.8.5 SWOT Analysis
    • 12.8.6 Key Developments
  • 12.9 Toray Industries, Inc.
    • 12.9.1 Key Facts
    • 12.9.2 Business Description
    • 12.9.3 Products and Services
    • 12.9.4 Financial Overview
    • 12.9.5 SWOT Analysis
    • 12.9.6 Key Developments

13. Appendix

  • 13.1 About The Insight Partners
  • 13.2 Glossary

List Of Tables

  • Table 1. APAC Carbon fiber Market Revenue And Forecasts To 2027 (US$ Mn)
  • Table 2. APAC Carbon Fiber Market Revenue And Forecasts To 2027 - By Raw Material (US$ Mn)
  • Table 3. APAC Carbon Fiber Market Revenue And Forecasts To 2027 - By End Use Industry (US$ Mn)
  • Table 4. China Carbon Fiber Market Revenue And Forecasts To 2027 - By Raw Material (US$ Mn)
  • Table 5. China Carbon Fiber Market Revenue And Forecasts To 2027 - By End Use Industry (US$ Mn)
  • Table 6. India Carbon Fiber Market Revenue And Forecasts To 2027 - By Raw Material (US$ Mn)
  • Table 7. India Carbon Fiber Market Revenue And Forecasts To 2027 - By End Use Industry (US$ Mn)
  • Table 8. Japan Carbon Fiber Market Revenue And Forecasts To 2027 - By Raw Material (US$ Mn)
  • Table 9. Japan Carbon Fiber Market Revenue And Forecasts To 2027 - By End Use Industry (US$ Mn)
  • Table 10. South Korea Carbon Fiber Market Revenue And Forecasts To 2027 - By Raw Material (US$ Mn)
  • Table 11. South Korea Carbon Fiber Market Revenue And Forecasts To 2027 - By End Use Industry (US$ Mn)
  • Table 12. Taiwan Carbon Fiber Market Revenue And Forecasts To 2027 - By Raw Material (US$ Mn)
  • Table 13. Taiwan Carbon Fiber Market Revenue And Forecasts To 2027 - By End Use Industry (US$ Mn)
  • Table 14. Rest of APAC Carbon Fiber Market Revenue And Forecasts To 2027 - By Raw Material (US$ Mn)
  • Table 15. Rest of APAC Carbon Fiber Market Revenue And Forecasts To 2027 - By End Use Industry (US$ Mn)
  • Table 16. Glossary of terms, Carbon Fiber Market

List Of Figures

  • Figure 1. APAC Carbon Fiber Market Segmentation
  • Figure 2. APAC Carbon Fiber Market Segmentation - By Country
  • Figure 3. APAC Carbon Fiber Market Overview
  • Figure 4. Polyacrylonitrile Held Larger Share of APAC Carbon fiber Market in 2019
  • Figure 5. APAC Carbon Fiber Market, by Country, Value and CAGR
  • Figure 6. Carbon Fiber Industry Landscape
  • Figure 7. PEST Analysis for APAC Carbon Fiber Market
  • Figure 8. Impact Analysis of Drivers and Restraints
  • Figure 9. APAC Carbon Fiber Market Forecast And Analysis, (US$ Mn)
  • Figure 10. APAC Carbon Fiber Market Breakdown By Raw Material, Value, 2019 & 2027 (%)
  • Figure 11. APAC PAN Market Revenue Forecasts To 2027 (US$ Mn)
  • Figure 12. APAC Pitch Market Revenue Forecasts To 2027 (US$ Mn)
  • Figure 13. APAC Carbon Fiber Market Breakdown By End-Use Industry, By Value, 2019 & 2027 (%)
  • Figure 14. APAC Automotive Market Revenue and Forecasts to 2027 (US$ MN)
  • Figure 15. APAC Aerospace and Defense Market Revenue And Forecasts To 2027 (US$ Mn)
  • Figure 16. APAC Construction Market Revenue and Forecasts To 2027 (US$ Mn)
  • Figure 17. APAC Sporting Goods Market Revenue and Forecasts To 2027 (US$ Mn)
  • Figure 18. APAC Wind Energy Market Revenue and Forecasts To 2027 (US$ Mn)
  • Figure 19. APAC Others Market Revenue and Forecasts To 2027 (US$ Mn)
  • Figure 20. APAC Carbon Fiber Market Revenue And Forecasts To 2027 (US$ Mn)
  • Figure 21. APAC Carbon Fiber Market Revenue And Forecasts To 2027 (US$ Mn)
  • Figure 22. APAC Carbon Fiber Market Breakdown, By Raw Material , 2019 & 2027 (%)
  • Figure 23. APAC Carbon Fiber Market Breakdown by End Use Industry, 2019 & 2027 (%)
  • Figure 24. APAC Carbon Fiber Market Breakdown by Country, 2019 & 2027(%)
  • Figure 25. China Carbon Fiber Market Revenue And Forecasts To 2027 (US$ MN)
  • Figure 26. India Carbon Market Revenue And Forecasts To 2027 (US$ MN)
  • Figure 27. Japan Carbon Fiber Market Revenue And Forecasts To 2027 (US$ MN)
  • Figure 28. South Korea Carbon Market Revenue And Forecasts To 2027 (US$ MN)
  • Figure 29. Taiwan Carbon Market Revenue And Forecasts To 2027 (US$ MN)
  • Figure 30. Rest Of APAC Carbon Fiber Market Revenue And Forecasts To 2027 (US$ MN)
  • Figure 31. Impact of COVID-19 Pandemic in Asia Pacific Country Markets