The European carbon fiber market is estimated to grow significantly at a CAGR of around 8.4% during the forecast period. The market is mainly driven due to the increasing demand for carbon fiber in the automotive and aerospace industry. The countries in Europe are the leading aerospace and automotive manufacturers globally which are significantly contributing to the growth of the market. Major homegrown automotive companies in the region include Volkswagen AG, BMW AG, Daimler AG, Groupe PSA, Jaguar Land Rover Ltd., and Groupe Renault. These companies also export a significant number of automobiles all across the globe creating a demand for carbon fiber in the region. In addition, several aviation companies such as Airbus SE, Dassault Aviation SA, BAE Systems plc, and others are located in the region, which is providing a significant opportunity to the market.
Get Free Sample link @ https://www.omrglobal.com/request-sample/european-carbon-fiber-market
The European carbon fiber market is segmented on the basis of raw material, fiber type, and industry vertical. On the basis of raw material, the market is sub-segmented into PAN and petroleum pitch & rayon. Based on the fiber type, the market is classified into virgin carbon fiber and recycled carbon fiber. Based on the industry verticals, the market is classified into aerospace & defense, automotive, construction infrastructure, and others such as sporting goods. Among these, the aerospace & defense industry segment accounted for a major share in the market attributed to the increased production by the major aerospace and defense manufacturers.
A full report of European Carbon Fiber Market available @ https://www.omrglobal.com/industry-reports/european-carbon-fiber-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
European Carbon Fiber Market by Raw Material
- Polyacrylonitrile (PAN)
- Petroleum Pitch & Rayon
European Carbon Fiber Market by Fiber Type
- Virgin Carbon Fiber
- Recycled Carbon Fiber
European Carbon Fiber Market by Industry Verticals
- Aerospace & Defense
- Automotive
- Construction Infrastructure
- Others (Sporting Goods)
Regional Analysis
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
Company Profiles
- DowAksa Advanced Composites Holdings BV
- ELG Carbon Fibre Ltd.
- Hexcel Corp.
- Kureha Corp.
- Muhr Und Bender KG
- Solvay SA
- SGL Carbon SE
- Toray Industries Inc.
- Teijin Ltd.
- UMATEX, ROSATOM State Corp.
The Report Covers
- Comprehensive research methodology of the European carbon fiber market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the European carbon fiber market.
- Insights about market determinants which are stimulating the European carbon fiber market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/european-carbon-fiber-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
