Carbon fibre filament may be defined as the combination of short fibre strands and specific printable materials. The carbon fibre filament offers various advantages that include lighter weight, good dimensional stability, high strength, stiffness etc.
These filaments are widely being used across various application industries including Aerospace and Defense, Automotive and Transportation, Construction and others. The global carbon fibre filament market is expected to foray ahead with a substantial CAGR over the forecast period, 2018-2028. The rise in demand for lighter-weight vehicles and aircraft is identified as one of the recent trends within the market.
The latest report by Fact.MR, examines the Carbon Fiber Filament market demand, growth opportunities and Carbon Fiber Filament market size and share. The report tracks Carbon Fiber Filament sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study analyzes the Carbon Fiber Filament market key trends that are currently determining the overall growth.
Growing application industries worldwide are providing huge growth prospectus to market over the forecast period
The high demand for carbon fibre filaments from the automotive, construction, and aviation industries is leveraging huge adoption opportunities for the market. As per OICA (International Organization of Motor Vehicle Manufacturers), Paris, the total cars and commercial vehicle production in 2016 were recorded to be around 72.1 million that further escalated up to 73.4 million in 2017.
The automotive industry in particular calls for high adoption of carbon fibre filament as these is widely used in automotive interiors and exteriors. In addition, according to the Institution of Civil Engineers, UK, a report “Global Construction Perspectives and Oxford Economics” suggests that the global construction market is expected to reach US$ 8 trillion by the end of 2030.
Key players of Carbon fibre filament Market
Prominent players in the global carbon fibre filament market are colorFabb, MatterHackers, Teijin Carbon, SGL Group, Kureha Corporation, Toray Industries Inc., Mitsubishi Rayon Co. etc. The carbon fibre filament market is equipped with various global and local vendors.
The research report presents a comprehensive assessment of the Carbon fibre filament market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data.
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