DUBLIN--(BUSINESS WIRE)--The "Global Advanced Carbon Materials Market - Segmented by Product Type, End-User Industry and Geography - Growth, Trends and Forecasts (2018 -2023)" report has been added to ResearchAndMarkets.com's offering.
The global advanced carbon materials market is expected to witness a CAGR of 7.34% during the forecast period of 2018-2023.
CFRP has excellent stiffness, low thermal expansion, high tensile strength and good temperature tolerance. They are widely used in the construction industry for precast concrete panels, bridge construction and building construction to withstand tornadoes. The wall panels with carbon fiber reinforced panels weigh 40% less than the traditional precast panels.
The positive outlook towards the construction of residential buildings in the United States and Canada is expected to drive the advanced carbon materials market in the coming years. The US Department of Housing and Urban Development has given permits to 1,396,000 residential buildings in 2018.
In terms of consumption in 2017, Europe held a significant market share. Asia-Pacific is expected to be an emerging market during the forecast period with increase in automotive manufacturing facilities in China, India, Indonesia, and Thailand. The new agreements and construction plans in Asia-Pacific are coming up to meet the growing demand for travel. In May 2017, the United States aircraft giant, Boeing, had started to build its first overseas factory in China aiming to deliver 100 Boeing 737 planes per year.
Companies Mentioned
- Hexcel Corporation
- Toray Industries Inc.
- Toho Tenax Europe Gmbh
- Nippon Graphite Fiber Co. Ltd
- Arkema Sa
- Arry International Group Limited
- Cvd Equipment Corporation
- Futurecarbon
- Grupo Graphenano
- Graphenea
- Grupo Antolin
- Haydale Graphene Industries Plc
- Mersen Group
- Nanothinx S.A.
- Showa Denko KK
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
9. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/n43jqf/global_advanced?w=4
