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Carbon Fiber Market Size, Industry Trends, Share And Forecast 2019-2025

Carbon Fiber Market Size, Industry Trends, Share And Forecast 2019-2025

Submitted by • June 15, 2020 www.omrglobal.com

The global carbon fiber market is estimated to grow at a CAGR of over 11% during the forecast period. Carbon fibers, also referred to as graphite fibers, can be based on three chemical sources, including petroleum pitch, polyacrylonitrile (PAN method is led by Japanese manufacturers), and rayon (from the Indian manufacturer Grasim). The PAN-based fibers offer superior mechanical properties for structural applications and the pitch fibers exhibit higher modulus values and promising coefficients of thermal expansion.

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