Asia-Pacific automotive carbon fiber market is estimated to grow significantly at a CAGR of around 9.7% during the forecast period owing to the significant production of EVs, and rising production in the automotive industry. The automotive manufacturers significantly focusing on accelerating their production capacity to meet the emerging demand for lightweight vehicles. This will likely support the demand for carbon fiber owing to its potential benefits such as weight reduction and resultant fuel efficiency.
Asia-Pacific automotive 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 automotive industry. Based on the fiber type, the market is classified into virgin automotive carbon fiber and recycled automotive carbon fiber. Based on the application, the market is classified into the interior, exterior, structural assembly, and others. Based on geography, the Asia-Pacific automotive carbon fiber market is further segregated into China, India, Japan, and Rest of Asia-Pacific. China is projected to have a considerable share in the Asia-Pacific automotive carbon fiber market.
To Request a Sample of our Report on Asia-Pacific Automotive Carbon Fiber Market: https://www.omrglobal.com/request-sample/asia-pacific-automotive-carbon-fiber-market
Asia-Pacific Automotive Carbon Fiber Market Segmentation
By Raw Material
- Polyacrylonitrile (PAN)
- Petroleum Pitch & Rayon
By Fiber Type
- Virgin Carbon Fiber
- Recycled Carbon fiber
By Application
- Interior
- Exterior
- Structural Assembly
- Others (Powertrain Components)
A full Report of Asia-Pacific Automotive Carbon Fiber Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-automotive-carbon-fiber-market
Regional Analysis
- China
- India
- Japan
- Rest of Asia-Pacific
Company Profiles
- Carbon Revolution Ltd.
- Formosa Plastics Corp.
- Hyosung Corp.
- Jiangsu Hengshen Co. Ltd.
- Nippon Carbon Co. Ltd.
- Taekwang Industrial Co. Ltd.
- Toray Industries, Inc.
- Teijin Ltd.
- Weihai Guangwei Composites Co., Ltd.
- ZHONGFU SHENYING CARBON FIBER CO., LTD.
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
