Navigation Links
Lucintel’s Report Outlines Double-Digit Growth for Carbon Fiber Industry: Market to Reach $3 Billion in 2018
Date:1/18/2013

Irving, Texas (PRWEB) January 18, 2013

The global carbon fiber market is forecast to experience double-digit growth annually for the next five years in terms of dollars and pounds shipment respectively. In terms of dollar shipment, market is expected to reach $3.0 billion in 2018 from $1.8 billion in 2013. The industrial market is expected to witness annual double-digit growth while aerospace experiences high single-digit growth. The sporting goods market is likely to witness the lowest growth in 2013-2018 in terms of dollar shipment.

Lucintel, a leading global management consulting and market research firm, has analyzed the global carbon fiber market and presents its findings in “Growth Opportunities in the Global Carbon Fiber Market: 2013-2018.”

Lucintel’s research indicates future growth of the global carbon fiber industry will be driven by emerging applications such as wind blades; nuclear centrifuge rotor tubes; laptop cases; mobile phones; and risers, tethers and umbilical in the oil and gas industry. In addition, civil and bridge applications; CNG tanks, fuel cells, automotive applications in high-end cars; defense aircraft; commercial aerospace applications such as B787, A380, B747-8, A350; and next-generation narrow body aircraft are leading applications for carbon fiber use.

The industrial market is expected to see the highest growth among the other major sectors such as aerospace and sporting goods; and is forecast to grow at the highest rate annually over the next five years in terms of million dollars in shipments. More new carbon fiber suppliers from India, China, Russia, the Middle East, and other developing regions are likely to emerge. Although there will be a rise in pricing of final products due to material prices increasing annually over the next five years, this will be compensated because of an increase in manufacturing efficiency. Additionally, competition from offshore suppliers such as China and India will drive down the cost of end products.

The chemical research report, which provides trend scenarios and forecast statistics for 2013-2018; details industry drivers and challenges; compares properties and prices; and highlights major carbon fiber suppliers, also describes various carbon fiber properties, manufacturing processes, and more.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit http://www.lucintel.com.

Lucintel has started Live Chat in its Web Site to answer visitors' questions in real time with precision. Visitors can either chat with our experts or call them free of cost through Live Chat to get assistance about what they are looking for from Lucintel.

Read the full story at http://www.prweb.com/releases/2013/1/prweb10337601.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related biology technology :

1. Lucintel’s Analysis of Growth Opportunities in China’s Composites Industry: Expect Market to Surpass $11 Billion in 2017
2. Lucintel’s Analysis of the Global Glass Mat Thermoplastics Industry: Market is Expected to Reach US $481 Million in 2017
3. Palatin Technologies, Inc. to Report Fiscal Year 2012 First Quarter Results; Teleconference and Webcast to be held on November 15, 2011
4. Discovery Labs Reports Third Quarter Financial Results and Progress on Lead Programs
5. Verenium Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2011
6. Interleukin Genetics Reports Third Quarter 2011 Financial Results
7. Cell Therapeutics, Inc. Reports Results of Annual Meeting of Shareholders
8. Nile Therapeutics Reports 2011 Third Quarter Financial Results
9. Pharmasset Reports Fiscal Year End 2011 Financial Results
10. Palatin Technologies, Inc. Reports First Quarter Fiscal Year 2012 Results; Teleconference and Webcast to be held on November 15, 2011
11. SeraCare Reports Fiscal Year 2011 and Fourth Quarter Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/23/2017)... ... 2017 , ... AxioMed will be presenting its viscoelastic cervical ... Montego Bay, Jamaica from January 26-28th. “We’re excited to be presenting the benefits ... the simplicity of the surgical technique,” said Jake Lubinski, President of AxioMed. ...
(Date:1/21/2017)... ... 20, 2017 , ... G&L Scientific Inc, a leading provider ... ), has announced the opening of new offices in Cambridge, Massachusetts, strengthening and ... This is the latest step in G&L’s expansion of its global clinical consulting ...
(Date:1/21/2017)... CA (PRWEB) , ... January 21, 2017 , ... ... our ongoing endeavors to bring to market a pioneering medical device for the ... has signed an engagement contract with Emergo, a global regulatory consultancy that helps ...
(Date:1/21/2017)... BOULDER, Colo. , Jan. 20, 2017 ... ("Bioptix" or the "Company"), announced that on January 14, ... a plan under which the Company will terminate certain ... subsidiary, Bioptix Diagnostics, Inc.  The Company commenced terminations on ... completed within 30 days.  The Company may pay severance ...
Breaking Biology Technology:
(Date:1/11/2017)... 11, 2017 Intoxalock, a leading ignition interlock ... of its patent-pending calibration device. With this new technology, ... securely upload data logs and process repairs at service ... "Fighting drunk driving through the application of cutting-edge ... large, but also for the customer who can get ...
(Date:1/6/2017)...  Delta ID Inc., a leader in consumer-grade iris ... at CES® 2017. Delta ID has collaborated with Gentex ... use of iris scanning as a secure, reliable and ... a car, and as a way to elevate the ... Delta ID and Gentex will demonstrate (booth #7326 LVCC) ...
(Date:12/22/2016)... , Dec. 20, 2016  As part of its longstanding ... leading personal genetics company, recently released its latest children,s book, ... The book focuses on the topics of inheritance and variation ... Standards (NGSS) taught in elementary school classrooms in the US. ... series by illustrator Ariana Killoran , whose previous book ...
Breaking Biology News(10 mins):