Asia-Pacific Aerospace Carbon Fiber Market Size, Share, Impressive Industry Growth, Analysis Report 2028
Asia-Pacific aerospace carbon fiber
market is estimated to grow significantly at a CAGR of around 9.1% during the
forecast period owing to the significant growth in the aviation sector, and
rising government expenditure in aerospace and defense. The major aircraft
manufacturer such as Boeing and Airbus SE have production facilities across
Asia-Pacific countries, including China and India that further contribute to
the growth of the market. However, the demand for carbon fiber has been
significantly affected amid the COVID-19 outbreak. Due to the implementation of
a series of lockdowns around the globe, most of the aircraft manufacturers have
temporarily shut down their production facilities in the Asia-Pacific region.
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Asia-Pacific aerospace carbon fiber
market is segmented on the basis of raw material, fiber type, and application.
On the basis of raw material, the market is sub-segmented into PAN and
petroleum pitch & rayon. PAN is the predominant precursor for carbon fiber
due to superior strength and stability, and higher carbon yield and is widely
used in the aerospace industry. Based on the fiber type, the market is
classified into virgin aerospace carbon fiber and recycled aerospace carbon
fiber. Based on the application, the market is classified into commercial
aviation, military aviation, and rotorcrafts.
Based on geography, the Asia-Pacific
aerospace carbon fiber market is further segregated into China, India, Japan,
and Rest of Asia-Pacific. Among these, China is projected to have a
considerable share in the Asia-Pacific aerospace carbon fiber market. Further, the report covers the analysis of
the players operating in the Asia-Pacific aerospace carbon fiber market. Some
of the players contributing to the regional growth of the market include Hyosung
Corp., Jiangsu Hengshen Co. Ltd., Toray Industries Inc., Teijin Ltd., ZHONGFU
SHENYING CARBON FIBER CO., LTD., Nippon Carbon Co. Ltd., and others
Asia-Pacific
Aerospace Carbon Fiber Market Report Segment
By
Raw Material
·
Polyacrylonitrile (PAN)
·
Petroleum Pitch & Rayon
By
Fiber Type
·
Virgin Carbon Fiber
·
Recycled Carbon fiber
By
Application
·
Commercial Aviation
·
Military Aviation
·
Rotorcrafts
A full report of Asia-Pacific Aerospace Carbon
Fiber Market is available at: https://www.omrglobal.com/industry-reports/asia-pacific-aerospace-carbon-fiber-market
Asia-Pacific
Aerospace Carbon Fiber Market– Segment
by Region
·
China
·
India
·
Japan
·
Rest of
Asia-Pacific
Company Profiles
·
Formosa Plastics
Corp.
·
Hyosung Corp.
·
Jiangsu Hengshen
Co. Ltd.
·
Nippon Carbon Co.
Ltd.
·
SGL Carbon SE
·
Taekwang Industrial
Co. Ltd.
·
Toray Industries,
Inc.
·
Teijin Ltd.
·
Weihai Guangwei
Composites Co., Ltd.
·
ZHONGFUSHENYING
CARBON FIBER CO., LTD.
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