Lucintel’s latest market report analyzed that carbon fiber textile provides attractive opportunities in transportation, marine, wind energy, aerospace/defense, and construction industries. The carbon fiber textile market is expected to reach $1.5 billion by 2025 with a CAGR of 0.6%. In this market, woven is the largest segment by product type, whereas aerospace and defense is largest by end use industry. Development of mass production composite component technologies provides strategic growth path in this market.
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Based on product type, the carbon fiber textile market is segmented into woven, and non-crimp. The woven segment accounted for the largest share of the market in 2020 due to its wide application area in transportation, aerospace/defense, and wind energy industries and non-woven textile is expected to register the highest CAGR during the forecast period, due to its better drapablity, optimization in component design, and de-lamination resistance.
Browse in-depth TOC on “Carbon fiber textile Market”
100 – Tables
146 – Figures
218 – Pages
The carbon fiber textile market is marked by the presence of several big and small players. Some of the prominent players offering Carbon fiber textile include Honeywell, Johnson & Johnson ADT Corporation, Control4 Corporation, United Technologies Corporation, Siemens AG, Philips, Acuity Brands, and Vivint Inc
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