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The Gas Phase Grown Carbon Fiber market research report indicates a growing demand due to the material's lightweight and high strength properties. The market size is expected to reach USD 2.5 billion by 2026. Factors like increasing demand in aerospace, automotive, and wind energy sectors are driving market growth.
◍ Cytec Industries
◍ Dow
◍ Formosa Plastic Corporation
◍ Hexcel Corporation
◍ Jiangsu Hengshen Fibre Material
◍ Mitsubishi Rayon Carbon Fiber and Composites
◍ SGL Carbon SE
◍ Teijin
◍ Toray Industries
◍ Zhongfu Shenying Carbon Fiber
The Gas Phase Grown Carbon Fiber Market is highly competitive with key players such as Cytec Industries, Dow, Formosa Plastic Corporation, Hexcel Corporation, etc. These companies utilize gas phase grown carbon fiber for various applications such as aerospace, automotive, sports equipment, etc., driving growth in the market.
- Cytec Industries: $3.924 billion
- Dow: $51.385 billion
- Hexcel Corporation: $2.187 billion
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Aerospace & Defence
Automotive
Electrical & Electronics
Building & Construction
Medical
Others
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PAN Based
Asphalt Based
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$ 4.40 Billion