DUBLIN--(BUSINESS WIRE)--ResearchAndMarkets.com has added the "Global Carbon Fiber Market Outlook to 2026" report.

The carbon fiber market is expected to witness significant growth during the forecast period. The aerospace industry is increasingly using carbon fiber to reduce the overall weight of aircraft, thereby improving fuel efficiency and other factors, which are expected to promote the development of the global carbon fiber market.

In addition, the use of carbon fiber in the automotive industry to reduce weight, part integration and reduction, crash resistance, durability, toughness and aesthetics is expected to drive the global carbon fiber market. In addition, the use of carbon fiber to manufacture windmill blades to utilize wind power has reduced the overall weight by nearly 25% due to its lightweight characteristics, which is expected to promote the development of the global market.

Carbon fiber is also used in the sports industry. Due to its advanced characteristics such as light weight and high strength-to-weight ratio, they are more suitable for the production of equipment such as bats and rackets. However, factors such as fluctuations in raw material prices and excessively high prices for carbon fiber production and use are expected to hinder the growth of the global carbon fiber market.

Carbon fiber has been widely used in various industries due to its advanced characteristics, mainly because it is strong, hard and light, and has been proven to be a substitute for metal. Some of its applications include use in aerospace, road and marine transportation, sporting goods, missiles, aircraft brakes, aviation antennas and supporting structures, large telescopes, optical platforms, audio equipment, high-fidelity equipment speakers, pickup arms, robotic weapons, automobiles Engine covers, new tools, housings and bases of electronic equipment, EMI and RF shielding, brushes, etc.

The aerospace industry is a major consumer of carbon fiber, and their use is expected to drive the global market. Advanced physical and mechanical properties, such as light weight, tensile strength, high impact resistance, fuel economy, and reliability as a metal substitute, make carbon fiber a key material used in important components.

In addition, strict environmental regulations formulated by the state and institutions make it more necessary for aircraft manufacturers to manufacture light-weight and fuel-efficient aircraft and promote the development of the global carbon fiber market.

In addition, carbon fiber reinforced plastic or CFRP is widely used in modern aircraft, including Airbus A350 XWB, whose wings are made of lightweight carbon composite material CFRP. Aircraft manufacturers mainly use carbon fiber because they are lighter than aluminum, more effective than iron, and more resistant to corrosion than both, so they can be used for mission-critical components such as wings, fuselages, cockpits, and tails.

With the increasing popularity of narrow-body and long-range aircraft such as Airbus A350 XWB, A320 Neo, Boeing 787, and Boeing 737, airlines purchase them due to higher operating costs and increased profitability. Global demand for carbon fiber is expected to grow . Rising oil prices, global warming and increased awareness have caused countries to switch to lighter and more efficient aircraft. Therefore, all factors have increased the growth of the global carbon fiber market.

Some of the major players in the market are 3M, Toray Industries, SABIC, BASF SE, Teijin Co., Ltd., ELG Carbon Fiber Co., Ltd., Koninklijke DSM NV, Trelleborg AB, Kureha Corporation, etc.

6.5.3 Middle East and other parts of Africa

7.10 DowAksa Advanced Composites Holdings BV

7.12 Zhonganxin Technology Co., Ltd.

7.15 Dalian Xingke Carbon Fiber Co., Ltd.

7.21 Jilin Qifeng Chemical Fiber Co., Ltd.

8.1 List of famous market participants

8.2 Mergers and acquisitions, joint ventures and agreements

For more information about this report, please visit https://www.researchandmarkets.com/r/z7olva

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900