Global Aerospace Carbon Fiber Market Share, Trends & Forecast to 2020-2026

1. Orion Market Research Global Aerospace Carbon Fiber Market, Size, Share, Analysis Report & Forecast to 2026 Request a Free Sample of our Report on Aerospace Carbon Fiber Market: https://www.omrglobal.com/request-sample/aerospace-carbon-fiber-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

2. The global market for aerospace carbon fiber is projected to exhibit a considerable CAGR of around 8.2% during the forecast period. The market is mainly driven by the increasing application of carbon fiber materials in the aerospace sector coupled with the growing g adoption of lightweight aircraft across the globe. Carbon fibers have significant applications in the aerospace and space industries due to demanding thermo-structural fulfillment. It offers strength to planes keeping the weight very low compared to other materials. Lightweight and stiffness make it ideal to make fuel-efficient planes and other machines. In the aerospace & defense industry, carbon fiber is also used to make lighter and stronger equipment and parts of planes that can achieve much more than their metal alloy counterparts. Many companies and OEMs that are involved in the production of spacecraft, private aircraft, and commercial military aircraft prefer carbon fiber owing to its attractive properties and characteristics, therefore, creating significant growth in the market. Get Free Sample Copy @ https://www.omrglobal.com/request-sample/aerospace-carbon- fiber-market However, the downfall in the demand for aircraft due to COVID-19 pandemic across the globe has impacted the market growth. Due to the pandemic, the aircraft manufacturing companies have decreased their production, owing to which, a downfall of 39.5% is estimated in the aircraft manufacturing industry in 2020, as per OMR analysis. According to the Airbus SE, in the First Quarter of 2020, the company had booked 290 net commercial aircraft orders and made the delivery of 122 commercial aircraft. In the first quarter of 2020, the company accounted for a loss of around $522 million in comparison to the profit of nearly $56.5 million in the same quarter last year. The revenues were 15.2% less in the first quarter reflecting the company strongly impacted by the pandemic. A Full Report of Global Aerospace Carbon Fiber Market is Available at: https://www.omrglobal.com/industry-reports/aerospace-carbon-fiber-market Market Segmentation Global Aerospace Carbon Fiber Market by Raw Material

3. •Polyacrylonitrile (PAN) •Petroleum Pitch & Rayon Global Aerospace Carbon Fiber Market by Fiber Type •Virgin Carbon Fiber •Recycled Carbon fiber Global Aerospace Carbon Fiber Market by Application •Commercial Aviation •Military Aviation •Rotorcrafts Company Profiles •BGF Industries, Inc. •ELG Carbon Fibre Ltd. •Formosa Plastics Corp. •Hexcel Corp. •Hyosung Corp. •Jiangsu Hengshen Co. Ltd. •Mitsubishi Chemical Holdings Corp. •Muhr Und Bender KG •Nippon Carbon Co. Ltd. Segment by Region North America •United States •Canada Europe •Germany

4. •United Kingdom •France •Spain •Italy •Rest of Europe Asia-Pacific •China •Japan •India •Rest of Asia-Pacific Rest of the World •Latin America •Middle East and Africa For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/aerospace-carbon-fiber-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404