UK aerospace carbon fiber market is estimated to grow significantly at a CAGR of around 8.9% during the forecast period. The market is driven by the growing demand for light weight aircraft in the aviation industry. ELG Carbon Fibre is one of the key companies working in the carbon fiber market in the country. The company trade, process and recycle raw materials including supper alloy and carbon fiber. Due to high demand, the company decided to expand its facility in the UK in March 2018, collaborating with leading automotive and aerospace OEMs that further offers a significant opportunity to the market.
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UK 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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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
UK Aerospace Carbon Fiber Market by Raw Material
- Polyacrylonitrile (PAN)
- Petroleum Pitch & Rayon
UK Aerospace Carbon Fiber Market by Fiber Type
- Virgin Carbon Fiber
- Recycled Carbon fiber
UK Aerospace Carbon Fiber Market by Application
- Commercial Aviation
- Military Aviation
- Rotorcrafts
Company Profiles
- ELG Carbon Fibre Ltd.
- Hexcel Corp.
- Muhr Und Bender KG
- Polar Manufacturing Ltd.
- Solvay SA
- SGL Carbon SE
- Sigmatex Ltd.
- Toray Industries, Inc.
- Teijin Ltd.
- UMATEX, ROSATOM State Corp.
The Report Covers
- Comprehensive research methodology of the UK aerospace carbon fiber market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the UK aerospace carbon fiber market.
- Insights about market determinants which are stimulating the UK aerospace carbon fiber market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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