Carbon Fibre Market by Types, Applications, Trends & Global Forecasts (2011 – 2016)

1. MarketsandMarkets Presents • Carbon Fibre Market • Trends & Global Forecasts (2011 – 2016) http://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.html

2. Carbon fibre has remarkable properties such as tensile strength, stiffness, low density, electrical conductivity, and chemical inertness; which makes it an ideal material to be used in a number of applications in several industries such as aerospace, wind energy, automotive, industrial applications, and sporting goods. • Historically, carbon fibre industry has been cyclical with a period of limited supply resulting in high prices to periods of oversupply & falling prices. However, the market has experienced excellent growth recently. The growth rate for the last 23 years averaged about 12%. Rapid increase in demand for carbon fibre for newer applications such as wind energy and industrial applications are said to drive the market further in the years to come. http://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.html

3. http://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.htmlhttp://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.html • The global market for carbon fibre composites is still at the nascent, fast growing, and technologically evolving stage. It has experienced higher growth trajectory in the last few years. This growth is largely fueled by increasing application areas such as automotive industry due to stricter emission rules and awareness about the benefits of the usage of carbon fiber in various applications in emerging economies. Asia-Pacific constitutes the largest market share due to the presence of three major carbon fiber manufacturers in Japan. http://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.html

4. The global carbon fibre market is expected to grow from $1,701.9 million in 2010 to $2,515.4 million by 2016 at a CAGR of 5.9% from 2011 to 2016. Asia-Pacific accounted for the highest share in the market at 36.7% and is expected to reach $938.9 million in 2016 at a CAGR of 6.3% from 2011 to 2016. This is due to the fact that along with the existing capacities, the three major manufacturers in Japan are extending their production capacities even further and also conducting intensive R&D activity in mass production. North America is the second largest market with 34% of share in the global market and is also expected to grow with CAGR of 9% to reach 27.3 thousand tons in 2016. In this region, high demand is expected due to the “baby boomer” effect and hence increased consumption in applications such as sporting & recreation goods. http://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.html

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6. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/carbon-fiber-396.html