Global Carbon Composites market cagr 11.5%

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Carbon Composites

Market

Carbon Composites Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Carbon Composites Market Size and Growth

The global carbon composites market research report analyzes current market conditions, trends, and opportunities. The market size was valued at $23.6 billion in 2020 and is expected to reach $40.2 billion by 2026, with a CAGR of 9.1% during the forecast period. Growth is driven by demand from end-use industries such as aerospace, automotive, and wind energy. Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ Hexcel

◍ SGL Group

◍ Solvay

◍ TEIJIN

◍ Toray Industries

◍ Exel Group World Wide

◍ Gurit

◍ Innegra Technologies

◍ Koninklijke Ten Cate

◍ Mitsubishi Chemical

◍ METYX Composites

◍ Nippon Graphite Fiber

◍ PLASAN CARBON COMPOSITES

◍ SAERTEX

◍ Sigmatex

◍ TEI/TTC

◍ TPI Composites

The carbon composites market is highly competitive with key players such as Hexcel, SGL Group, Solvay, TEIJIN, Toray Industries, Gurit, and more. These companies offer a wide range of carbon composite products used in industries such as aerospace, automotive, and sports equipment, leading to market growth.

- Hexcel: $1.8 billion

- SGL Group: $1.1 billion

- Solvay: $5.9 billion

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Market Segmentation

By Application

◍ Sporting Goods

◍ Automotive

◍ Wind Energy

◍ Aerospace and Defense

By Product

◍ Concrete

◍ Plastics

◍ Steel

◍ Aluminium

◍ Others

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$ X Billion USD
Market Growth
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