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The global carbon fiber resin market is witnessing significant growth, due to the increasing demand for carbon fiber composites in end-user industries, such as wind energy, automotive, aerospace and defense, and sporting goods.
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Carbon Fiber Resin Market Size, Share, Development, Growth and Demand Forecast to 2023 High manufacturing and processing cost and recycling related issues are the key challenges hindering the growth of the global carbon fiber resin market.
The global carbon fiber resin market is witnessing significant growth, due to the increasing demand for carbon fiber composites in end-user industries, such as wind energy, automotive, aerospace and defense, and sporting goods. Moreover, the increasing demand for fuel efficient and lightweight vehicles, and increasing use of carbon fiber in Airbus, aircrafts and Boeing are fueling the growth of the global carbon fiber resin market. Request sample copy of report here: https://www.psmarketresearch.com/market- analysis/carbon-fiber-resin-market/report-sample Thermoset resins find larger applications in aerospace and defense, and automotive industries, as high thermal resistance materials are required in these industries. The growing demand in the emerging economies and increasing compliance for carbon fiber composites in Boeing are creating ample growth opportunities for the global carbon fiber resin market during the forecast period. In addition, the major players in aerospace and defense industries are collaborating with lightweight carbon fiber composites suppliers and manufacturers. Geographically, North America held the largest share in the global carbon fiber resin market in 2015, owing to the high compliance for lightweight composites and high demand of carbon fiber from aerospace and defense, marine and automotive industries. Moreover, North America is also anticipated to be the fastest growing market for carbon fiber resin during 2016 – 2023. Read summary of report here: https://www.psmarketresearch.com/market- analysis/carbon-fiber-resin-market The key players operating in the global carbon fiber resin market are Alpha Owens-Corning, BASF SE, Hexion Inc., Huntsman Corporation, Ashland Inc., Polynt, 3M Company, and ALIANCYS AG About P&S Market Research P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals. As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity and framing informed and customized business expansion strategies in different regions.
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