The North American aerospace carbon fiber market is estimated to grow significantly during the forecast period. The major driving factors for this market include the increasing demand for lightweight materials in the aviation industry and the capability of carbon fiber components for performing better at high temperatures. The Boeing Co., Airbus, American Airlines Group Inc., and United Airlines, Inc., are some of the major players operating in the North American aviation industry that contribute significantly to the aerospace carbon fiber market in the region.
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The North American 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. Based on geography, the North American aerospace carbon fiber market is further segregated into the US and Canada. Among these, the US is projected to have a considerable share in the North American aerospace carbon fiber market.
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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
North American Aerospace Carbon Fiber Market by Raw Material
- Polyacrylonitrile (PAN)
- Petroleum Pitch & Rayon
North American Aerospace Carbon Fiber Market by Fiber Type
- Virgin Carbon Fiber
- Recycled Carbon fiber
North American Aerospace Carbon Fiber Market by Application
- Commercial Aviation
- Military Aviation
- Rotorcrafts
Regional Analysis
- United States
- Canada
Company Profiles
- BGF Industries, Inc.
- ELG Carbon Fiber Ltd.
- Hexcel Corp.
- Mitsubishi Chemical Holdings Corp.
- Nippon Carbon Co. Ltd.
- RTP Co.
- Solvay SA
- SGL Carbon SE
- Toray Industries, Inc.
- Teijin Ltd.
The Report Covers
- Comprehensive research methodology of the North American aerospace 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 North American aerospace carbon fiber market.
- Insights about market determinants which are stimulating the North American aerospace 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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