Graphite Fiber Market (Type - Polyacrylonitrile Fiber, Rayon Fiber, and Pitch; Application - Textiles, Composite Materials, Microelectrodes, and Catalysis; End User Industry - Aerospace and Defense, Automotive, Construction and Infrastructure, Wind Energy, Sporting Goods, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

A recent report ongoing study by Infinium Global Research on the graphite fiber market provides in-depth analysis of segments and sub-segments in the global as well as regional graphite fiber market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional graphite fiber market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global graphite fiber market. According to the report, the global graphite fiber market is projected to grow at a healthy CAGR over the forecast period of 2021-2027.

Market Insight

The term graphite fiber refers to certain ultra-high modulus fibers made from petroleum pitch. Graphite fiber is a certain class of carbon fiber. Graphite is a crystalline material that has soft and brittle characteristics. Graphite is crystalline material in which the sheets are stacked parallel to one another in a regular fashion. Graphite fibers are the most dominant fiber form with high-performance composite structures. Graphite fibers can be made from rayon, pitch, or polyacrylonitrile (PAN) precursors. Graphite fiber properties include High tenacity, Abrasion-resistant, Flame and heat resistance, Controlled elongation, Chemical resistance (in specific environments), Conductivity, Dimensional stability and strength, Reduced weight and size, Flexibility. Graphite fiber is a high tensile fiber that are been made by heating rayon, polyacrylonitrile fibers, or petroleum residues to appropriate temperatures. They are typically over 90% carburized

The growing adoption of graphite fibers in the production of structural composite parts of aircraft is a major factor driving the growth of the global graphite fiber market. Several countries across the world are investing in aerospace and defense to strengthen their air forces, thereby increasing the growth potential of the global graphite fiber market. The implementation of stringent eco-friendly regulations in developed and developing countries is expected to further propel market growth. The high cost of graphite fiber and low availability are factors that may hinder the growth of the global graphite fiber market. The increasing popularity of graphite fiber is likely to act as an opportunity for the market over the forecast period

Among the regions, Asia Pacific accounted for the largest share in the global Graphite Fiber Market. The growing demand for sports goods, construction, and automotive industries are driving the Asia pacific graphite fiber market. Moreover, the rising demand for wind energy applications and the increasing demand in the aerospace & defense industry offers an opportunity for the Asia Pacific graphite fiber market to grow in the forecasting years. However, the North American region is anticipated to grow with the highest rate in the global Graphite Fiber market over the forecast period. This region has the world’s largest developing economy. The companies in this region are continuously striving to meet the customer demand for graphite fibers by improving their overall business processes

Segment Covered

The report on global graphite fiber market covers segments such as type, application, and end user industry. On the basis of type, the sub-markets include polyacrylonitrile fiber, rayon fiber, and pitch. On the basis of application, the sub-markets include textiles, composite materials, microelectrodes, and catalysis. On the basis of end user industry, the sub-markets include aerospace and defense, automotive, construction and infrastructure, wind energy, sporting goods, and others.

Companies Profiled:

The report provides profiles of the companies in the market such as Ningbo Kaxite Sealing Materials Co., Ltd, Satsearch B.V, SGL Carbon, ZOLTEK Corporation, Mitsubishi Chemical Carbon Fiber and Composites, Solvay SA, Sinotek Materials Co., Ltd., Nippon Carbon Co., Ltd, Showa Denko Carbon, Inc, and Superior Graphite.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of graphite fiber market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.