Global Carbon Fiber For Civil Aviation market cagr 13.5%

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Carbon Fiber For Civil Aviation Market

Carbon Fiber For Civil Aviation Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Carbon Fiber For Civil Aviation Market Size and Growth

The Carbon Fiber for Civil Aviation market is experiencing robust growth, driven by increasing demand for lightweight materials in aircraft manufacturing. The market size is projected to reach USD 5 billion by 2027, reflecting a compound annual growth rate (CAGR) of 10%. This trend underscores the push for improved fuel efficiency and performance.

Companies Covered

(Covid 19 Impact Covered)

◍ Weihai Guangwei Composites

◍ Jiangsu Hengshen

◍ Sinofibers Technology

◍ Zhongfu Shenying

◍ Dow Aksa

◍ Toray

◍ Hexcel

◍ Hyosung

◍ Toho Tenax (Teijin)

◍ Mitsubishi Rayon

◍ Aviation High-Technology

The Carbon Fiber for Civil Aviation Market features companies like Weihai Guangwei Composites and Toray, focusing on lightweight, high-strength materials for aircraft. They enhance fuel efficiency and performance. Domestic giants like Hexcel and Mitsubishi Rayon also contribute innovation, expanding market reach. Select sales revenues include:

- Toray: Approximately $20 billion

- Hexcel: Roughly $3 billion

- Mitsubishi Rayon: Around $2 billion

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Market Segmentation

By Application

Body Material

Aircraft Engine

By Product

◍ PAN-Based Carbon Fiber

Viscose-Based Carbon Fiber

Pitch-Based Carbon Fiber

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Market Growth

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$ X Billion USD

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