Carbon fiber in light weight pressure vessels is set to boom in 2018 and coming years

Carbon Fiber in Light Weight Pressure Vessels Is Set to Boom in 2018 And Coming Years Published on : 20 September 2019

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Report Description The global carbon fiber in light weight pressure vessels market accounted to US$ 187.0 Mn in 2018 and is expected to grow at a CAGR of 11.4% during the forecast period 20192027, to account to US$ 486.5 Mn by 2027.

The carbon fibers are widely being used in pressure vessel applications due to its superior properties like light weight, corrosion resistance, high stiffness, high strength, longer life spans, as compared to other materials like aluminum, steel, and others. The carbon fiber is a rigid, chemically inert material which makes it difficult to compress and stretch. The carbon fibers provide high strength to the vessels, which helps in preventing the explosions of gases storage systems. Carbon fiber in light weight pressure vessels are increasingly being manufactured through filament winding process in which continuous fiber filaments are being wound on an assistant mandrel.

The global carbon fiber in light weight pressure vessels market is bifurcated on the basis of precursors into Polyacrylonitrile (PAN) and pitch. The Polyacrylonitrile (PAN) segment accounted for the largest share in the global carbon fiber in light weight pressure vessels market. Polyacrylonitrile (PAN) is carbon fiber that contains approximately 68% of carbon and is one of the most widely used precursors for carbon ŠAll Rights Reserved, 24 Market Reports fibers.

Market Value $50,000

CAGR of 11.4%

$60,000 $50,000

$40,000

$40,000 $30,000

(2019 – 2027)

$30,000 $20,000 $20,000 $10,000

$0

©All Rights Reserved, 24 Market Reports

$10,000

20XX

20XX

20XX

20XX

20XX

$0

Table of Contents 1. Introduction 1.1 Scope Of The Study 1.2 The Insight Partners Research Report Guidance 1.3 Market Segmentation 1.3.1 Global Carbon Fiber in Light-Weight Pressure Vessels Market ? By Precursor 1.3.2 Global Carbon Fiber in Light-Weight Pressure Vessels Market ? By Tow Size 1.3.3 Global Carbon Fiber in Light-Weight Pressure Vessels Market ? By Geography 2. Key Takeaways 3. Research Methodology 3.1 Coverage 3.2 Secondary Research 3.3 Primary Research 4. Carbon Fiber In Lightweight Pressure Vessels Market Landscape 4.1 Market Overview ŠAll Rights Reserved, 24 Market Reports

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