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Global Carbon Fiber Industry Set to Grow By $0.9 Billion

Posted on: Monday, 18 October 2004, 06:00 CDT

DUBLIN, Oct. 18 /PRNewswire/ -- Research and Markets has announced the addition of Growth Opportunities in the Carbon Fiber Market 2004-2010 to their offering.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH )

Carbon fiber is one of the most promising composites that holds some of the brightest promise for new applications. There are several thousand applications that use carbon fiber and the industrial sector is the fastest growing in terms of new applications. This report discusses in detail one of the most in-depth analysis on the use of carbon fiber in the three main segments of Aerospace, Industrial and Sporting goods.

"Carbon fibers are a new breed of high-strength materials. The existence of carbon fiber came into being in 1879 when Edison took out a patent for the manufacture of carbon filaments suitable for use in electric lamps. However, it was in the early 1960s when successful commercial production was started, as the requirements of the aerospace industry for better and lightweight materials became of paramount importance. In recent decades, carbon fibers have found wide applications in commercial and civilian aircraft, along with recreational, industrial, and transportation markets as the price of carbon fiber has come down and technologies have matured. The market for carbon fiber has experienced a good growth in recent years. The growth rate for the last 23 years was about 12%.

The global carbon fiber industry is slated to grow to $0.9 billion by the year 2010 according to this new market report. The market for finished carbon fiber reinforced composites parts is set to grow to $9.9 billion by 2010. This market report discusses both carbon fiber and carbon fiber reinforced composites market. A significant price war, rapid increase in demand, shortage of materials and increase in new applications are among others. Never before has there been a report addressing the markets, opportunities, materials and technology issues of the carbon fiber market. This unique report will provide you with all the valuable information and tools you will need to operate your business successfully within the carbon fiber market. This report will save you hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in the carbon fiber market. In today's stringent economy, you need every advantage that you can find to keep ahead in your business. Learn about current and future trends, identify key players, and explore the directions that the carbon fiber market is heading."

Report Contents:

Chapter 1. Executive Summary

Chapter 2: Evolution of the Carbon Fiber Market

Chapter 3. Properties and Price Comparison

Chapter 4. Material Suppliers

Chapter 5. Global Carbon Fiber Market Analysis

Chapter 6. Regional Market Analysis

Chapter 7. Carbon Fiber Market by Type of Applications

Chapter 8. Growth Trends and Market Forecasts

Chapter 9. Market Analysis by Manufacturing Process

Chapter 10. Application of Carbon Fiber Composites

A total of 15 major players in the carbon fiber business are discussed. Key among them are Toho, Toray and Zoltek.

For more information visit http://www.researchandmarkets.com/reports/c7547

Laura Wood

Senior Manager

Research and Markets

press@researchandmarkets.com

Fax: +353 1 4100 980

Photo: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH

Research and Markets

CONTACT: Laura Wood, Senior Manager of Research and Markets,press@researchandmarkets.com, Fax: +353-1-4100-980

Web site: http://www.researchandmarkets.com/reports/c7534http://www.researchandmarkets.com/

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