April 22, 2021

North America Carbon Fiber Market is expected to grow to US$ 2,872.5 Mn by the year 2027 at a CAGR of 10.8% from the year 2020 to 2027

The Business Market Insights provides you regional research analysis on “North America Carbon Fiber Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the North America Carbon Fiber Market during the forecast period, i.e., 2020–2027.

The North America carbon fiber market is accounted to US$ 1,157.8 Mn in 2018 and is expected to grow at a CAGR of 10.8% during the forecast period 2019 – 2027, to account to US$ 2,872.5 Mn by 2027.

The US is dominating the North America carbon fiber market followed by Mexico. Increasing usage of carbon fiber in wind energy industry would drive the market in the coming years. The carbon fibers are considered to be an effective alternative to the glass fibers used in the wind turbines. They show higher stiffness and lower density as compared to the glass fibers, allowing the thinner, stiffer and lighter blades. Furthermore, they have relatively low damage tolerance, compressive strength, and ultimate strain. Therefore, carbon fibers are most commonly used in the fabrication of wind turbine blades.

Get Sample Copy of this North America Carbon Fiber Market research report at – https://www.businessmarketinsights.com/sample/TIPRE00007922

The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Carbon Fiber Market. The researcher provides an extensive analysis of the North America Carbon Fiber Market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

Major key players covered in this report:

  • DowAksa
  • Formosa Plastics Corporation
  • Hexcel Corporation
  • Hyosung Corporation
  • Kureha Corporation
  • Mitsubishi Chemical Corporation
  • SGL Carbon
  • Solvay
  • Teijin Limited
  • Toray Industries, Inc.

 

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Carbon Fiber Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the North America Carbon Fiber Market segments and regions.

Order a Copy of this North America Carbon Fiber Market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00007922

The research on the North America Carbon Fiber Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the North America Carbon Fiber Market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the North America Carbon Fiber Market.

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