Market Report "Global Carbon Fiber Composite Market" 3rd Edition Released by Acmite Market Intelligence

Dusseldorf, Germany, June 03, 2016 --(PR.com)-- The carbon fiber composite market experienced steady growth in the last years. Driven by technological innovations and new applications, the market is expected to show modest growth worldwide in the next years. Despite of various challenges like increasing raw material costs, there is strong confidence that the medium- and long-term trend of the market will not change and remain upward. New business opportunities will emerge in major and novel applications. Technological advances in composite materials in turn massively boost their applications in downstream markets.

The global demand on carbon fiber composites was estimated at around US$15.75 billion in 2015. The market is expected to approach US$23.11 billion by 2021 and to reach US$38.0 billion by 2024 in the forecast, following a growth rate of about 6.6% annually. Strongest demand is expected in aircraft / aerospace, automotive and wind energy applications.

Acmite Market Intelligence has updated a most comprehensive report on global carbon fiber composite market. It is ready for order.

The report examines the current products and application areas, provides extensive market data of 2015, and market forecast through 2021 to 2024. It also outlines the competition landscape, evaluates market chances and risks, and anticipates future trends based on a series of influence factors.

215 pages analysing the market
70 figure tables
275 carbon fiber composite company profiled

With a multi-dimensional and in-depth view of world carbon fiber composite market, this report is ideal help for you with decisions about international market penetration, business expansion or project feasibility analysis.

For more details, please visit the report page:
www.acmite.com/market-reports/materials/global-carbon-fiber-composite-market.html