Market Overview:
The global continuous carbon fiber tow market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for lightweight and high-performance materials in various applications such as aerospace, sports events, national defense, automobile, and others. In addition, the growing awareness about the benefits of using carbon fiber tows is also contributing to the growth of this market.
Product Definition:
A continuous carbon fiber tow is a long strand of carbon fiber that is used in the manufacturing of composite materials. The importance of continuous carbon fiber tow lies in its ability to provide a high strength-to-weight ratio, which makes it ideal for use in products such as aircraft parts and racecar bodies.
Continuous Carbon Fiber Based on PAN:
Continuous carbon fiber based on PAN (Polyacrylonitrile-based On Polyamide Net) is a type of carbon fiber that contains polyacrylonitrile and propylene nitrile rubber. It has superior properties such as high strength, stiffness, temperature resistance and lightweight. Continuous carbon fibers are produced by the reaction of hydroxyapatite with the help of chemical or enzymatic treatment followed by curing under controlled environment conditions.
Continuous Carbon Fiber Based on Asphalt:
Continuous carbon fiber based on asphalt is a high-performance material that enhances the strength and durability of roadways. It improves the overall performance of pavements by increasing their load-bearing capacity, thus reducing maintenance costs. The product also offers superior benefits such as reduction in heat reflection, lessening surface temperatures for safer driving experience during summertime and improved vehicle fuel economy during winter season.
Application Insights:
The aerospace segment dominated the global continuous carbon fiber tow market in terms of revenue share in 2017. The product is widely used for manufacturing lightweight, high strength and highly efficient aircraft components. It is also used as a replacement for metal, composite and plastic materials that are currently used to manufacture aircraft components. In addition, it provides better thermal insulation which results in lesser heat dissipation from the fuselage of an aircraft compared to traditional materials such as aluminum and steel alloys. This factor has led to increased demand for these products from various aerospace manufacturers across the world during recent years.
Continuous production of advanced technology automobiles coupled with rising disposable income levels among consumers around the globe has resulted in increased sales of passenger cars over recent years globally speaking.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to growing demand for carbon fiber reinforced plastics from various industries, such as aerospace and automotive, which has increased the application scope of continuous carbon fiber tows. The U.S.
Asia Pacific region is anticipated to witness significant growth during the forecast period owing to rapid industrialization along with increasing infrastructural development activities that have augmented product demand across several applications sectors including construction, automotive, marine.
Europe was valued at USD X million in 2017.
Growth Factors:
- Growing demand for lightweight and high-performance materials in the automotive and aerospace industries
- Increasing penetration of carbon fiber composites in wind energy sector
- Rising popularity of carbon fiber reinforced plastics (CFRP) in construction and marine sectors
- Proliferation of advanced manufacturing technologies for carbon fiber tow production
- Growing awareness about the benefits of using CFRP composites
Scope Of The Report
Report Attributes
Report Details
Report Title
Continuous Carbon Fiber Tow Market Research Report
By Type
Continuous Carbon Fiber Based on PAN, Continuous Carbon Fiber Based on Asphalt
By Application
Aerospace, Sports Events, National Defense, Automobile, Other
By Companies
SGL Carbon, Zoltek, Hexcel, Solvay
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Continuous Carbon Fiber Tow Market Report Segments:
The global Continuous Carbon Fiber Tow market is segmented on the basis of:
Types
Continuous Carbon Fiber Based on PAN, Continuous Carbon Fiber Based on Asphalt
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Sports Events, National Defense, Automobile, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SGL Carbon
- Zoltek
- Hexcel
- Solvay
Highlights of The Continuous Carbon Fiber Tow Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Continuous Carbon Fiber Based on PAN
- Continuous Carbon Fiber Based on Asphalt
- By Application:
- Aerospace
- Sports Events
- National Defense
- Automobile
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Continuous Carbon Fiber Tow Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Continuous carbon fiber tow is a process that uses carbon fiber tow rods to pull objects or materials. The rods are inserted into the object or material and pulled, creating a continuous line of force. This process is often used to move heavy objects or materials.
Some of the major companies in the continuous carbon fiber tow market are SGL Carbon, Zoltek, Hexcel, Solvay.
The continuous carbon fiber tow market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Continuous Carbon Fiber Tow Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Continuous Carbon Fiber Tow Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Continuous Carbon Fiber Tow Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Continuous Carbon Fiber Tow Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Continuous Carbon Fiber Tow Market Size & Forecast, 2018-2028
4.5.1 Continuous Carbon Fiber Tow Market Size and Y-o-Y Growth
4.5.2 Continuous Carbon Fiber Tow Market Absolute $ Opportunity
Chapter 5 Global Continuous Carbon Fiber Tow Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Continuous Carbon Fiber Tow Market Size Forecast by Type
5.2.1 Continuous Carbon Fiber Based on PAN
5.2.2 Continuous Carbon Fiber Based on Asphalt
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Continuous Carbon Fiber Tow Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Continuous Carbon Fiber Tow Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Sports Events
6.2.3 National Defense
6.2.4 Automobile
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Continuous Carbon Fiber Tow Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Continuous Carbon Fiber Tow Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Continuous Carbon Fiber Tow Analysis and Forecast
9.1 Introduction
9.2 North America Continuous Carbon Fiber Tow Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Continuous Carbon Fiber Tow Market Size Forecast by Type
9.6.1 Continuous Carbon Fiber Based on PAN
9.6.2 Continuous Carbon Fiber Based on Asphalt
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Continuous Carbon Fiber Tow Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Sports Events
9.10.3 National Defense
9.10.4 Automobile
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Continuous Carbon Fiber Tow Analysis and Forecast
10.1 Introduction
10.2 Europe Continuous Carbon Fiber Tow Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Continuous Carbon Fiber Tow Market Size Forecast by Type
10.6.1 Continuous Carbon Fiber Based on PAN
10.6.2 Continuous Carbon Fiber Based on Asphalt
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Continuous Carbon Fiber Tow Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Sports Events
10.10.3 National Defense
10.10.4 Automobile
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Continuous Carbon Fiber Tow Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Continuous Carbon Fiber Tow Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Continuous Carbon Fiber Tow Market Size Forecast by Type
11.6.1 Continuous Carbon Fiber Based on PAN
11.6.2 Continuous Carbon Fiber Based on Asphalt
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Continuous Carbon Fiber Tow Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Sports Events
11.10.3 National Defense
11.10.4 Automobile
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Continuous Carbon Fiber Tow Analysis and Forecast
12.1 Introduction
12.2 Latin America Continuous Carbon Fiber Tow Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Continuous Carbon Fiber Tow Market Size Forecast by Type
12.6.1 Continuous Carbon Fiber Based on PAN
12.6.2 Continuous Carbon Fiber Based on Asphalt
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Continuous Carbon Fiber Tow Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Sports Events
12.10.3 National Defense
12.10.4 Automobile
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Continuous Carbon Fiber Tow Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Continuous Carbon Fiber Tow Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Continuous Carbon Fiber Tow Market Size Forecast by Type
13.6.1 Continuous Carbon Fiber Based on PAN
13.6.2 Continuous Carbon Fiber Based on Asphalt
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Continuous Carbon Fiber Tow Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Sports Events
13.10.3 National Defense
13.10.4 Automobile
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Continuous Carbon Fiber Tow Market: Competitive Dashboard
14.2 Global Continuous Carbon Fiber Tow Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SGL Carbon
14.3.2 Zoltek
14.3.3 Hexcel
14.3.4 Solvay
