Lucintel's latest market report analyzed that carbon fiber textile provides attractive opportunities in transportation, marine, wind energy, aerospace and defense, construction, consumer goods end uses. The carbon fiber textile market is expected to reach $2.4 billion by 2028 with a CAGR of 5.8%. In this market, wind energy is the largest segment by end use, whereas woven textile is largest by product type. Strategic collaborations between automotive part manufacturers and carbon fiber producers, increasing length of wind turbine blades demands high performance composites, and development of new methods suitable for mass production provides strategic growth path in this market.
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Based on end use, the carbon fiber textile market is segmented into transportation, marine, wind energy, aerospace and defense, construction, consumer goods, and others. The wind energy segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to higher strength and stiffness properties.
Browse in-depth TOC on “Carbon Fiber Textile Market”
94 – Tables
123 – Figures
214 – Pages
The Carbon Fiber Textile Market is marked by the presence of several big and small players. Some of the prominent players offering carbon fiber textile include SaertexGroup, Sigmatex (UK) Ltd., VECTORPLY CORPORATION, Chomarat, BGF Industries, SGL Group, Hexcel, SELCOM S.R.L, and Toray Industries, Inc..
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