Rockville, MD -- (SBWIRE) -- 06/06/2019 -- Ever since composite materials such as carbon fiber were widely available in the 1960s, they were dubbed 'rider of a new industrial revolution' and as the pioneer of new 'carbon age.' Carbon fiber has been prevalently used to underpin composite materials to produce material that is strong, chemically resistive and yet low weight. Propelled by the correct resin systems, carbon fiber composites are popular for being immensely corrosion resistant, low coefficient of thermal expansion and able to resist high wear, thereby making it indispensable in a galaxy of aesthetic and structural applications.

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Carbon fiber has found its use in in both military and civil aircraft, along with majestic applications on drone, satellites and space launchers. The flourish of carbon fiber stems from its supreme strength and stiffness vis-à-vis traditional materials and the sheer aptness to tailor and shape their structure to produce aerodynamically efficacious structural configurations. The F-22 fighter and Boeing 7E7 airliner, in line with space vehicles, seem to make exhaustive use of carbon fiber.

With strongest carbon fiber being 10 fold stronger and 5 fold lighter than steel and 8 times stronger and 1.5 times lighter than aluminum, applications of carbon fiber across verticals have spiked in recent years. For instance, carbon fiber is extensively being used in recreational sector, including golf clubs, racing cars, high-performance bicycles and high performance sailboat masts.

Riding high on soaring investments in the infrastructure development and proliferation of automotive sector in economic-powerhouse countries such as India and China, APEJ is expected to continue its dominance in the carbon fiber landscape. With rigorous environment policy of European Union that is aimed at discouraging environmental pollution emanating from vehicles, lightweight vehicle manufacturers have gained has momentum. As such, Europe is anticipated to be a lucrative investment destination for stakeholders of carbon fiber.

Carbon Fiber Market: Overview

Qualitative and quantitative analysis propel the report on the carbon fiber market. The report exhaustively delineates the aspects in the market that are known to have the influence on the development of the carbon fiber market, including drivers, restraints, trends, and opportunities. Further, the report also focuses on segmentation of the market that aims at providing an exhaustive analysis on carbon fiber.

On the other hand, the report delves into benchmarking to analyze the performance of the products and business processes and shed light on the performances of competitor companies both inside and outside the industry in quest for superior performance.

The report on carbon fiber counts on primary research and secondary research, which provides intelligence and deep dive insights on the market. Additionally, the report bank on unbiased and reliable sources that becomes instrumental in preparing the report. Further, the report also depends upon primary sources that is underpinned by honest and veracious assessment from reliable experts, telephonic interview and exhaustive analysis from seasoned analyst, and surveys. Besides, the secondary sources also include EC filing, Factiva, press release, trade journals, governmental websites and resourceful database.

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The coherent analysis of the competitive landscape of the carbon fiber market banks on Porters' Five Force Analysis. Besides, the Porters' Five Force Analysis provides thorough assessment on the likely strategies of the major players in the carbon fiber market. Nevertheless, the business strategies relies upon company profile, recent development, product portfolio, SWOT analysis, and key differentiation.

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