Global Rayon-Based Carbon Fiber
Market Report
2025
The Global Rayon Based Carbon Fiber market size will expand at a compound annual growth rate (CAGR) of 9.60% from 2023 to 2030.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, The Global Rayon Based Carbon Fiber market size is USD XX billion in 2023 and will expand at a compound annual growth rate (CAGR) of 9.60% from 2023 to 2030.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Rayon-Based Carbon Fiber Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 | 9.6% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Rayon-Based Carbon Fiber industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Rayon-Based Carbon Fiber Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Rayon-based carbon fibre is a type of carbon fibre that is made from rayon. It is one of the oldest types of synthetic fibres. Rayon-based carbon fibre is made by spinning rayon thread into a very fine yarn and then heating it to high temperatures in order to carbonize it. Growth is fuelled by the increasing demand for lightweight and high-performance materials in the automotive and Aerospace industries and Rising demand from the wind energy sector.
July 2022: Hexcel signed a long-term agreement with Dassault to supply carbon fibre prepreg for the Falcon 10X program. This is the first Dassault business jet program to incorporate high-performance advanced carbon fibre composites in manufacturing its aircraft wings.
The rayon-based carbon fiber market is propelled by the increasing demand for lightweight materials in the automotive sector. As automakers focus on improving fuel efficiency and reducing emissions, rayon-based carbon fibre emerges as a key component for manufacturing lightweight and high-strength automotive parts. The material's excellent mechanical properties contribute to enhanced fuel efficiency, making it a preferred choice for applications such as body panels and structural components, thereby driving the market growth.
April 2022: Hexcel and Archer Aviation Inc. entered into a letter of intent covering a proposed relationship for supplying high-performance carbon fibre material that would be used to manufacture Archer's production aircraft.
The rayon-based carbon fiber market experiences growth through expanding applications in the aerospace industry. The aerospace sector demands materials with high strength-to-weight ratios, and rayon-based carbon fibre meets these criteria. Its superior strength, coupled with reduced weight, makes it an ideal choice for aircraft components, contributing to fuel efficiency and overall performance. As the aerospace industry continues to advance technologically and seeks materials that offer both strength and lightness, the demand for rayon-based carbon fibre is expected to rise, bolstering market dynamics.
April 2022: Hexcel and Archer Aviation Inc. entered into a letter of intent covering a proposed relationship for supplying high-performance carbon fibre material that would be used to manufacture Archer's production aircraft.
One key restraint in the rayon-based carbon fiber market is the challenge posed by high production costs. The complex manufacturing process and raw material expenses contribute to elevated production costs, making rayon-based carbon fibre a comparatively costly material. This factor becomes particularly significant in highly price-sensitive markets, limiting the widespread adoption of the material. Efforts to optimize production processes and explore cost-effective alternatives are essential to overcome this barrier and enhance the competitiveness of rayon-based carbon fibre in various industries.
The COVID-19 pandemic has significantly impacted the rayon-based carbon fiber market. The global economic slowdown and disruptions in supply chains led to a contraction in demand for various industries, including automotive and Aerospace, which are key consumers of carbon fibre materials. Lockdowns and restrictions on manufacturing and construction activities further hindered the demand for rayon-based carbon fibre. Additionally, the travel restrictions and economic uncertainties have delayed several projects, affecting the overall market growth. While the pandemic underscored the vulnerability of global supply chains, it also highlighted the importance of resilient and diversified sourcing strategies.
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The competitive landscape of the Rayon-Based Carbon Fiber market is characterized by intense rivalry among key market players vying for a significant share in this burgeoning industry.
(Source: www.teijin.com/news/2022/02/24/20220224_01.pdf)
Top Companies Market Share in Rayon-Based Carbon Fiber Industry: (In no particular order of Rank)
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According to Cognitive Market Research, the global Rayon-Based Carbon Fiber market size was estimated at USD XX Billion, out of which North America held the major market of more than 30% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2023 to 2030. North America's well-established manufacturing infrastructure and emphasis on technological innovation contribute to the widespread adoption of these fibres. Within the segmentation analysis, the aerospace sector emerges as a dominant application, fuelling the demand for rayon-based carbon fibres. In conclusion, North America's significant market share underscores its leadership in driving the global Rayon-Based Carbon Fiber market, substantiated by a strong aerospace sector and a continuous commitment to technological advancements.
According to Cognitive Market Research, the global Rayon-Based Carbon Fiber market size was estimated at USD XX Billion, out of which Asia-Pacific held as the fastest-growing market with more than 36% of the global revenue with a market size of USD XX billion in 2023 and will grow at a compound annual growth rate (CAGR) of 11.4% from 2023 to 2030. Asia-Pacific boasts a robust manufacturing sector and is a key player in technological advancements, fostering the widespread adoption of rayon-based carbon fibres. Within the segmentation analysis, the automotive sector stands out as a dominant application, fuelling the surge in demand for these fibres. In conclusion, Asia-Pacific's substantial market share underscores its pivotal role in propelling the global Rayon-Based Carbon Fiber market, driven by a burgeoning industrial landscape and a pronounced shift towards advanced materials in the region.
The current report Scope analyzes Rayon-Based Carbon Fiber Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Rayon-Based Carbon Fiber Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Rayon-Based Carbon Fiber Industry growth. Rayon-Based Carbon Fiber market has been segmented with the help of its Type, Application , and others. Rayon-Based Carbon Fiber market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the dominant category is long fiber. Long fibre rayon-based carbon fibres exhibit superior mechanical properties, making them ideal for applications requiring high tensile strength and durability. Industries such as Aerospace and automotive, which demand materials with exceptional performance characteristics, favour long-fibre rayon-based carbon fibres for structural components and reinforcements.
The fastest-growing category in the Rayon-Based Carbon Fiber market is short fiber. Short fibre variants are gaining traction due to their versatility and ease of incorporation into various manufacturing processes. Short fibres offer advantages in terms of uniform dispersion within matrices, facilitating the production of complex shapes and intricate components. This adaptability makes short-fibre rayon-based carbon fibres increasingly popular in emerging applications, including 3D printing and additive manufacturing.
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According to Cognitive Market Research, the dominant category is aerospace. The aerospace industry extensively relies on rayon-based carbon fibres due to their exceptional strength-to-weight ratio and durability. These fibres are crucial in the manufacturing of aircraft components, providing structural reinforcement while ensuring a lightweight construction. The demand for lightweight materials in the aerospace sector, driven by the need for fuel efficiency and improved performance, solidifies the dominance of rayon-based carbon fibres in this Application.
The fastest-growing category in the rayon-based carbon fiber market is energy. The energy sector is experiencing a surge in demand for advanced materials that can withstand harsh conditions and enhance overall efficiency. Rayon-based carbon fibres find increasing applications in energy-related areas, such as wind turbine blades and structural components for renewable energy systems. As the global focus on clean Energy intensifies, the versatility and strength of rayon-based carbon fibres position them as a key player in driving innovation within the energy sector.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Rayon-Based Carbon Fiber Market is witnessing significant growth in the near future.
In 2023, the Long Fiber segment accounted for noticeable share of global Rayon-Based Carbon Fiber Market and is projected to experience significant growth in the near future.
The Energy segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Toray Industries , Teijin Limited and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Long Fiber, Short Fiber |
Application | Energy, Medicine, Aerospace, Others |
List of Competitors | Toray Industries, SGL Carbon, Teijin Limited, Hexcel Corporation, Mitsubishi Chemical Holdings, Solvay, Carbon Mods, Cytec Industries Inc., Nippon Graphite Fiber Co. Ltd, Taekwang Industrial Co. Ltd |
This chapter will help you gain GLOBAL Market Analysis of Rayon-Based Carbon Fiber. Further deep in this chapter, you will be able to review Global Rayon-Based Carbon Fiber Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Rayon-Based Carbon Fiber. Further deep in this chapter, you will be able to review North America Rayon-Based Carbon Fiber Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Rayon-Based Carbon Fiber. Further deep in this chapter, you will be able to review Europe Rayon-Based Carbon Fiber Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Rayon-Based Carbon Fiber. Further deep in this chapter, you will be able to review Asia Pacific Rayon-Based Carbon Fiber Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Rayon-Based Carbon Fiber. Further deep in this chapter, you will be able to review South America Rayon-Based Carbon Fiber Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Rayon-Based Carbon Fiber. Further deep in this chapter, you will be able to review Middle East and Africa Rayon-Based Carbon Fiber Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Rayon-Based Carbon Fiber. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Rayon-Based Carbon Fiber market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Long Fiber have a significant impact on Rayon-Based Carbon Fiber market? |
What are the key factors affecting the Long Fiber and Short Fiber of Rayon-Based Carbon Fiber Market? |
What is the CAGR/Growth Rate of Energy during the forecast period? |
By type, which segment accounted for largest share of the global Rayon-Based Carbon Fiber Market? |
Which region is expected to dominate the global Rayon-Based Carbon Fiber Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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