@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org Carbon Fibre Composites Market PDF Report; Product Analysis, Size, Industry Share by 2024

@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org  Overview  Carbon Fibre Composites Market, one of the pronounced verticals of polymers and advanced materials domain, over the years, has witnessed a commendable surge with regard to its application arena.  The worldwide carbon fibre composites industry in 2016 held a revenue of USD 16 billion, driven by its efficiency oriented demand from myriad end-use sectors, profoundly the aerospace and automotive.  The rising trend of reducing overall vehicle weight and improving fuel efficiency, as per reports, has been one of the most crucial factors propelling carbon fibre composites market demand in these sectors.  Moreover, superior material properties including high strength to weight ratio, low maintenance, and outstanding resistance to high temperatures have garnered massive proceeds for the industry over the years. In terms of market size, Global Market Insights, Inc. projects the overall carbon fibre composites market to register a demand over 290 kilo tons by 2024.

@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org  Considering the material development and demand, carbon fibre composites industry has scored its major commercial success in the aerospace market. Aircraft industry giants such as Boeing and Airbus had been rigorously experimenting with carbon fibre composites for several years, however, the material was never used for huge structures such as the body or wings.  Nonetheless, the scenario gradually changed with the Boeing 787 Dreamliner, which made use of carbon fibre composites for the main structure, accounting for about 50% of total weight of the plane.  Speaking along similar line, another aircraft manufacturer major – Airbus, followed the footsteps, with its A350 XWB and A380 widebody platforms that significantly accelerated the use of carbon composites to reduce fuel consumption and emissions as well as propagated longer design life and lower maintenance.

@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org Browse Full Research Report on Carbon Fibre Composites Request for a Sample of this Research

@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org peaking of the carbon fibre composites industry potential in other application sectors, the automotive industry is growing in similar fashion as the aerospace, and is anticipated to exhibit the highest growth rate of 13% over It is prudent to note that despite having a plethora of niche applications in the field of aerospace, fibre composites are gradually inching toward being deployed in vehicle production, as the automotive sector seems eager to embrace these products for highly efficient and robust automobile development in the future. Reasons to Buy This Report Carbon Fibre Composites Market,size & forecast by product & application Growth in military and commercial aerospace sector High carbon fibre demand from commercial aircrafts can be attributed to increased flight affordability,

@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.fractovia.org Competitive Trends: The notable industries in Carbon Fibre Composites Market are  Toray+Zoltek,  SGL  Toho  MRC  Rock West Composites  Hexcel

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