Global Advanced Carbon Materials Market Overview
Introduction:
Advanced carbon materials exhibit excellent mechanical and thermal stability properties. Advanced carbon materials like carbon fibers, Graphene, carbon foams, and nanotubes are commonly used as engineering materials. Moreover, for getting advanced carbon monoliths, fabrication method is used. Most probably advanced carbon nanomaterials are used in renewable energy resources, organic photovoltaic, and energy conservation technology, respectively. Carbon nanomaterials offer tremendous potential for enhancing biology and drug delivery because of biocompatibility. The proposed chapter grants a variety of fabrications methods for sustainable carbon materials as well as highlights the miscellaneous applications. Additionally, graphene, carbon nanotube and fullerene are considered as fast and effective nanocarriers for delivering therapeutic molecules. The global advanced carbon materials market accounted for US$ 13348.2 million in 2020 and is estimated to be US$ 42326.3 million by 2030 and is anticipated to register a CAGR of 12.4%.
Global Advanced Carbon Materials Market Dynamics
Rising Industrial Applications
Increasing industrial applications is one primarily factor responsible for growth in the need for carbon materials and this is anticipated to drive growth for the advanced carbon materials market over the forecast period. Increasing focus toward lightweight composites from the automotive and aviation industry and rising demand of carbon fiber-reinforced plastic in the construction industry is the major factor driving growth of the global advanced carbon materials market. In addition, rising expenditure by automotive companies including Ford and Volkswagen towards the development of lightweight composites for inducing fuel economy products is projected to stimulate the demand for the global market over the forecast period. Furthermore, companies including Hyperion, Showa Denko, and Cnano Technology have increased expenditure for the development of the products including CNT and graphene, this is anticipated to boost growth of the global market.
However, high cost of advanced carbon materials and wastage in the production of finished products are likely to hinder the growth of the target market. Nevertheless, manufacturing of advanced carbon materials from bio-waste is anticipated to create lucrative growth opportunities for the global market.
Global Advanced Carbon Materials Market Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The global advanced carbon materials market is segmented based product type, application, and region.
Based on product type, the global advanced carbon materials market is segmented into carbon fibers, special graphite, carbon nanotubes, graphene, carbon foams, and others. Based on application, the target market is classified into aerospace & defense, electronics, sports, automotive, construction, and energy.
Regional Insights:
The global advanced carbon materials market accounted for US$ 13348.2 million in 2020 and is estimated to be US$ 42326.3 million by 2030 and is anticipated to register a CAGR of 12.4%. On region the global advanced carbon materials market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America projected for the largest share for the global market, with the U.S., which is the world’s largest and most powerful economy. This is mainly attributed due to rising demand for various advanced materials such as carbon nanotubes, carbon fibers, graphene, special graphite, carbon foams, nanocrystalline diamond (NCD), diamond-like-carbon (DLC), and fullerenes from different end-user industries. Europe accounts for the significant growth due to well established aerospace manufacturing industry in the region such as Boeing, Bell Helicopters, Augusta Westland. Asia-pacific is expected to exhibit rapid growth over the forecast period, owing to government initiatives to develop energy efficient automotive systems.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
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Market Segmentation |
By Product Type- Carbon Fibers, Special Graphite, Carbon Nanotubes, Graphene, Carbon Foams (Includes Carbon Nanofoams) and Other (Fullerenes, Diamond-like Carbon (DLC), and Nanocrystalline Diamond (NCD)) Carbon Fibers By Application– Aerospace & Defense, Electronics, Sports, Automotive, Construction, and Energy
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global advanced carbon materials market report based on product type, application, and region.
Global Advanced Carbon Materials Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Advanced Carbon Materials Market Key Players
The key players operating in the global advanced carbon materials market includes Arkema Group, Arry International Group Limited, CFOAM LLC, FutureCarbon Materials GmbH, Formosa Plastics Corporation, Global Graphene Group, GrafTech International, Graphenea, Graphite India Limited, and Grupo Antolin. Technological advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global market. For instance, on June 2019, Carbon, the world’s leading digital manufacturing company and Arkema, a pioneer in advanced liquid resins solutions through its Sartomer business line, has announced a strategic partnership through an investment in the startup’s capital. The partnership aims to deliver a new era of materials performance and supply chain model for Carbon’s manufacturing partners.
Global Advanced Carbon Materials Market Company Profile
- Arkema Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Arry International Group Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CFOAM LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- FutureCarbon Materials GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Formosa Plastics Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Global Graphene Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- GrafTech International
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Graphenea
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Graphite India Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Grupo Antolin
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Advanced Carbon Materials Market Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Advanced Carbon Materials Market, By Product Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Carbon Fibers
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Special Graphite
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Carbon Nanotubes
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Graphene
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Carbon Foams
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Advanced Carbon Materials Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Aerospace & Defense
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Electronics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Sports
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Automotive
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Construction
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Energy
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Advanced Carbon Materials Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Arkema Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Arry International Group Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CFOAM LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- FutureCarbon Materials GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Formosa Plastics Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Global Graphene Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- GrafTech International
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Graphenea
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Graphite India Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Grupo Antolin
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
Advanced Carbon Materials Market accounted for US$ 13,348.24 Million 2030 with a CAGR of 12.43%.
The market report has been segmented on the basis of product type, application, and region.
The Advanced Carbon Materials Market is driven by factors such as the increasing demand for lightweight and high-strength materials, advancements in carbon nanotechnology, and applications in various industries, including aerospace, automotive, and electronics.
the high production costs associated with advanced carbon materials, regulatory challenges, and the need for specialized processing technologies.
The report covers regions globally, with a focus on areas experiencing significant technological advancements and industrial applications. It's crucial to refer to the latest reports for updated information on the dominant region in the Advanced Carbon Materials Market.
The prominent player operating in the advanced carbon materials market includes Arkema Group, Arry International Group Limited, CFOAM LLC, FutureCarbon Materials GmbH, Formosa Plastics Corporation, Global Graphene Group, GrafTech International, Graphenea, Graphite India Limited, and Grupo Antolin.