Germany carbon fiber market is estimated to grow significantly at a CAGR of around 8.6% during the forecast period. According to Germany Trade and Invest, all the premium branded vehicles manufactured globally, 70% are German OEM manufactured. Moreover, within Europe, more than 80% are German badged vehicles among which more than 70% are being manufactured in Germany. The major brands which are German-based include Audi, BMW, Ford, Iveco, MAN, Mercedes, Opel, Porsche, and Volkswagen. Along with OEM, the country has a well-renowned supplier base that supplies its products all across the globe. Some of the major suppliers include Bosch, Continental, ZF TRW, BASF SE, Mahle GmbH, Thyssen Krupp. Automotive is one of the major segments for the carbon fiber market and due to this, Germany is expected to hold a significant growth in the industry during the forecast period.
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Germany 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.
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- 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
Germany Carbon Fiber Market by Raw Material
- Polyacrylonitrile (PAN)
- Petroleum Pitch & Rayon
Germany Carbon Fiber Market by Fiber Type
- Virgin Carbon Fiber
- Recycled Carbon Fiber
Germany Carbon Fiber Market by Industry Verticals
- Aerospace & Defense
- Automotive
- Construction Infrastructure
- Others (Sporting Goods)
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 Germany 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 Germany carbon fiber market.
- Insights about market determinants which are stimulating the Germany carbon fiber market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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