Germany aerospace carbon fiber market is estimated to grow significantly during the forecast period owing to the presence of well-developed aviation industry. Eurofighter GmbH and Airbus have their manufacturing unit in the country. Eurofighter is owned by Airbus Defense and Space, BAE Systems Military Air & Information, and Leonardo. The country has a major manufacturing site for the Airbus and employs around 46,000 people and had 10,000 external suppliers. Carbon fiber is widely used in aerospace, rocket, missile, and flight equipment owing to its unique and excellent physical and chemical properties. Therefore, the presence of sa well-developed aviation sector in the country creates demand for composite materials such as carbon fiber and hence drives the growth of the market.
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Germany aerospace carbon fiber market is segmented on the basis of raw material, fiber type, and application. On the basis of raw material, the market is sub-segmented into PAN and petroleum pitch & rayon. PAN is the predominant precursor for carbon fiber due to superior strength and stability, and higher carbon yield. PAN-based carbon fiber is widely used in the aerospace industry. Based on the fiber type, the market is classified into virgin aerospace carbon fiber and recycled aerospace carbon fiber. Based on the application, the market is classified into commercial aviation, military aviation, and rotorcrafts.
Some of the companies contributing to the growth of the Germany aerospace carbon fiber market include ELG Carbon Fibre Ltd., SGL Carbon SE, Toray Industries, Inc., Solvay SA, Muhr Und Bender KG, Polar Manufacturing Ltd., and others. The market players are considerably contributing to the market growth to stay competitive in the market.
Germany Aerospace Carbon Fiber Market Report Segment
By Raw Material
- Polyacrylonitrile (PAN)
- Petroleum Pitch & Rayon
By Fiber Type
- Virgin Carbon Fiber
- Recycled Carbon fiber
By Application
- Commercial Aviation
- Military Aviation
- Rotorcrafts
A full report of Germany Aerospace Carbon Fiber Market is available at: https://www.omrglobal.com/industry-reports/germany-aerospace-carbon-fiber-market
