Market Overview:
The global rayon-based carbon fiber market is expected to grow at a CAGR of 7.5% 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 across different industries. Rayon-based carbon fibers are made up of long or short fibers, which are then woven into fabrics or mats. These fabrics and mats find application in various end-use industries such as energy, aerospace, medical, and others. Among different types of rayon-based carbon fibers, long fiber type is expected to witness higher growth during the forecast period owing to its superior properties such as high tensile strength and stiffness compared to short fiber type. In terms of applications, the energy sector is expected to account for a major share of the global rayon-based carbon fiber market during the forecast period due to increasing demand for these fibers in wind turbines and solar panels.
Product Definition:
Rayon-based carbon fiber is a synthetic fiber that is composed of carbon atoms. It is used to create strong, lightweight materials such as textiles and composites. The importance of rayon-based carbon fiber lies in its ability to be manufactured into a variety of shapes and sizes, making it an ideal material for use in a wide range of applications.
Long Fiber:
Long fiber or lf is the name given to carbon fibers that are longer than the conventional short fiber. The long-fiber products have a higher tensile strength and flexural modulus as compared to their shorter counterparts. As a result, they are widely used in applications requiring high tensile strength and high stiffness such as aircraft components, automotive parts, wind blades & power generator blades among others.
Short Fiber:
Short fiber is the part of carbon fiber that can be produced in a continuous length up to about 15 meters. It has high tensile strength and low elongation, which makes it ideal for manufacturing composite parts for aircraft, automobiles and electronics. The primary applications include fishing lines, aramid fibers (for safety clothing), catapult cables & ropes, S-glass filaments (for light bulbs), surgical suture materials and others.
Application Insights:
The application segment includes aerospace, energy, medicine and others. The product is used in the manufacture of aircraft components including primary wing, fuselage panels and leading/trailing edge flaps on account of its lightweight property. In addition, rayon-based carbon fiber is employed in various other applications such as automotive & transportation and sporting goods.
Carbon fibers are increasingly being utilized for manufacturing automotive parts owing to their strength-to-weight ratio which makes them an ideal material for use in vehicle body structure replacement or enhancement purposes. Moreover, increasing demand from the UAV industry is expected to drive market growth over the forecast period due to rising use of composites that reduce overall weight thereby improving fuel efficiency across a broad range of vehicles including passenger cars as well as heavy commercial vehicles (HCVs).
Regional Analysis:
Asia Pacific dominated the global rayon-based carbon fiber market in terms of revenue with a share of over 45% in 2017. The region is expected to witness significant growth owing to increasing demand from key industries including aerospace, automotive, energy and power generation. China is projected to be one of the major consumers for this product due to its rapidly growing aviation industry coupled with rising domestic production levels.
The presence of various raw material manufacturers in India has led to an increase in production capacity across several end-use industries such as aerospace and defense, marine applications, healthcare & medical devices among others which are anticipated drive regional demand over the forecast period. Furthermore, favorable government policies aimed at promoting manufacturing output are also likely boost regional growth potentials over the coming years.
North America accounted for a significant share within global Rayon based Carbon Fiber Market by volume due to high consumption levels from numerous end-use sectors including automotive and transportation among others which require lightweight components for enhanced performance.
Growth Factors:
- Increasing demand for lightweight and high-performance materials in automotive, aerospace, and defense industries
- Rising awareness about the benefits of carbon fiber over traditional materials
- Growing popularity of electric vehicles and hybrid vehicles
- Technological advancements that have made carbon fiber manufacturing more cost-effective
- Stringent government regulations to reduce environmental pollution
Scope Of The Report
Report Attributes
Report Details
Report Title
Rayon-Based Carbon Fiber Market Research Report
By Type
Long Fiber, Short Fiber
By Application
Energy, Medicine, Aerospace, Others
By Companies
Cytec, Mitsubishi Rayon, SGL, Teijin, Toray
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Rayon-Based Carbon Fiber Market Report Segments:
The global Rayon-Based Carbon Fiber market is segmented on the basis of:
Types
Long Fiber, Short Fiber
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
Energy, Medicine, Aerospace, Others
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:
- Cytec
- Mitsubishi Rayon
- SGL
- Teijin
- Toray
Highlights of The Rayon-Based Carbon Fiber 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:
- Long Fiber
- Short Fiber
- By Application:
- Energy
- Medicine
- Aerospace
- Others
- 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 Rayon-Based Carbon Fiber 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?
Rayon-based carbon fiber is a type of carbon fiber made from rayon, which is a natural polymer. Rayon-based carbon fiber has many benefits over other types of carbon fibers, including being lighter and more durable.
Some of the key players operating in the rayon-based carbon fiber market are Cytec, Mitsubishi Rayon, SGL, Teijin, Toray.
The rayon-based carbon fiber market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rayon-Based Carbon Fiber 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 Rayon-Based Carbon Fiber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rayon-Based Carbon Fiber 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 Rayon-Based Carbon Fiber 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 Rayon-Based Carbon Fiber Market Size & Forecast, 2018-2028
4.5.1 Rayon-Based Carbon Fiber Market Size and Y-o-Y Growth
4.5.2 Rayon-Based Carbon Fiber Market Absolute $ Opportunity
Chapter 5 Global Rayon-Based Carbon Fiber 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 Rayon-Based Carbon Fiber Market Size Forecast by Type
5.2.1 Long Fiber
5.2.2 Short Fiber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rayon-Based Carbon Fiber 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 Rayon-Based Carbon Fiber Market Size Forecast by Applications
6.2.1 Energy
6.2.2 Medicine
6.2.3 Aerospace
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rayon-Based Carbon Fiber 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 Rayon-Based Carbon Fiber 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 Rayon-Based Carbon Fiber Analysis and Forecast
9.1 Introduction
9.2 North America Rayon-Based Carbon Fiber 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 Rayon-Based Carbon Fiber Market Size Forecast by Type
9.6.1 Long Fiber
9.6.2 Short Fiber
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 Rayon-Based Carbon Fiber Market Size Forecast by Applications
9.10.1 Energy
9.10.2 Medicine
9.10.3 Aerospace
9.10.4 Others
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 Rayon-Based Carbon Fiber Analysis and Forecast
10.1 Introduction
10.2 Europe Rayon-Based Carbon Fiber 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 Rayon-Based Carbon Fiber Market Size Forecast by Type
10.6.1 Long Fiber
10.6.2 Short Fiber
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 Rayon-Based Carbon Fiber Market Size Forecast by Applications
10.10.1 Energy
10.10.2 Medicine
10.10.3 Aerospace
10.10.4 Others
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 Rayon-Based Carbon Fiber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rayon-Based Carbon Fiber 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 Rayon-Based Carbon Fiber Market Size Forecast by Type
11.6.1 Long Fiber
11.6.2 Short Fiber
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 Rayon-Based Carbon Fiber Market Size Forecast by Applications
11.10.1 Energy
11.10.2 Medicine
11.10.3 Aerospace
11.10.4 Others
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 Rayon-Based Carbon Fiber Analysis and Forecast
12.1 Introduction
12.2 Latin America Rayon-Based Carbon Fiber 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 Rayon-Based Carbon Fiber Market Size Forecast by Type
12.6.1 Long Fiber
12.6.2 Short Fiber
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 Rayon-Based Carbon Fiber Market Size Forecast by Applications
12.10.1 Energy
12.10.2 Medicine
12.10.3 Aerospace
12.10.4 Others
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) Rayon-Based Carbon Fiber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rayon-Based Carbon Fiber 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) Rayon-Based Carbon Fiber Market Size Forecast by Type
13.6.1 Long Fiber
13.6.2 Short Fiber
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) Rayon-Based Carbon Fiber Market Size Forecast by Applications
13.10.1 Energy
13.10.2 Medicine
13.10.3 Aerospace
13.10.4 Others
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 Rayon-Based Carbon Fiber Market: Competitive Dashboard
14.2 Global Rayon-Based Carbon Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cytec
14.3.2 Mitsubishi Rayon
14.3.3 SGL
14.3.4 Teijin
14.3.5 Toray
