France aerospace carbon fiber market is estimated to grow significantly during the forecast period. The country has a significant market for aviation that further creates demand for carbon fiber used in the aerospace sector. Dassault Aviation SA is one of the major French-based companies manufacturing military and civil aircraft. The company has manufactured more than 10,000 military and civil aircraft including 2,500 Falcons to exports products to more than 90 countries globally. In 2019, the company generated revenue of around $6.6 billion as compared to $5.8 billion in 2018. The company is majorly operating in France, as 80% out of 11,500 employees are working in France. The country has a huge number of orders for military aircraft. Carbon fiber is the most used composite materials in the aerospace industry. Therefore the growing production of aircraft in the country provides a significant opportunity to market growth.
A full report of France Aerospace Carbon Fiber Market is available at: https://www.omrglobal.com/industry-reports/france-aerospace-carbon-fiber-market
France 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.
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Some of the companies contributing to the growth of the France aerospace carbon fiber market include ELG Carbon Fibre Ltd., SGL Carbon SE, Toray Industries, Inc., Solvay SA, Muhr Und Bender KG, Polar Manufacturing Ltd., and others. The market players are considerably contributing to market growth by adopting various strategies to stay competitive in the market.
France Aerospace Carbon Fiber Market Report Segment
By Raw Material
- Polyacrylonitrile (PAN)
- Petroleum Pitch & Rayon
By Fiber Type
- Virgin Carbon Fiber
- Recycled Carbon fiber
By Application
- Commercial Aviation
- Military Aviation
- Rotorcrafts
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