Industry Analysis & Industry Trends
During the five years to 2014, the Carbon Fiber and Graphene Manufacturing industry grew as economic conditions improved and demand for carbon fiber products increased. In addition, aircraft manufacturers have steadily increased the carbon fiber content of planes and jets in an effort to reduce their weight and boost their fuel efficiency, thus supporting revenue growth. In the five years to 2019, revenue is forecast to increase. Downstream manufacturers will increase purchases of carbon fiber as production expands and demand for stronger, yet lighter products continues to rise. Furthermore, government consumption and investment is expected to increase, boosting industry sales.... purchase to read more
Industry Report - Industry Products Chapter
Carbon fiber can be segmented based on material properties (e.g. tensile strength), the type of precursor used or final heat treatment temperature. IBISWorld product segmentation is based on the type of precursor used in carbon fiber production. The most commonly used precursor for carbon fiber is polyacrylonitrile (PAN), a resin made from the polymerization (chaining) of a petroleum-based chemical called acrylonitrile. For a more detailed discussion on the manufacturing processes, see the Technology and Systems section.
PAN-based carbon fiber products
Polyacrylonitrile (PAN) carbon fibers are made from PAN precursor. This type of carbon fiber constitutes the overwhelming majority of carbon fiber on the market, due to its advantageous structural properties... purchase to read more