The global market for automotive carbon fiber is projected to have a considerable CAGR of over 8.5% during the forecast period. The market is mainly driven by the increasing application of carbon fiber materials in automotive components, growing g adoption of lightweight vehicles across the globe. Advanced materials are essential for boosting the fuel economy […]
Tag Archives: Global Automotive Carbon Fiber Market
The automotive carbon fiber market is anticipated to grow at a CAGR of nearly 9.5% during the forecast period (2022-2028). Carbon fiber is a durable product that is used in various products starting from bicycles to backpacks. It is mostly used in the automotive industry nowadays in order to make durable and effective end products. […]