Global Carbon Fibre Film Market
Carbon Fibre Film Market Size And Forecast
According to Verified Market Research, Global Carbon Fibre Film Market was valued at USD 1.99 Billion in 2018 and is projected to reach USD 3.33 Billion by 2026, growing at a CAGR of 6.65 % from 2019 to 2026.
Global Carbon Fibre Film Market Outlook
The trend toward manufacturing lightweight automotive and growing solar industry is driving the growth pf the market. Growing concerns about the environmental impact of automobiles, OEMs are emphasizing their approach to the use of lighter weight materials in automotive components and parts, part consolidation and the use of innovative processes. In ensuring this, Carbon fiber film plays an important role. Carbon fiber film acts as material substitution, depending on mechanical properties, cost, design and manufacturing capabilities to reduced fuel consumption, the weight reduction enables smaller power plant and energy storage systems. Along with the automotive industry, it is also prominently used in the solar industry, aerospace engineering, civil engineering, carbon-fiber microelectrodes, sports goods, and others. However, the high cost of carbon fibre is restraining the growth of the market. The cost of carbon fibre is approximately ten times higher than the price of the steel counterpart.
Global Carbon Fibre Film Market Competitive Landscape
The Global Carbon Fibre Film Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Eikos, Unidym, Nanocyl, Cnano, SouthWest NanoTechnologies, Canatu, NanoIntegris, Toray, Shenzhen Nanotech Port Co. Ltd, Foxconn, and Hanao Co., Ltd.
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