Reinforced strength: The industry will thrive as downstream manufacturing demand rises

Demand for carbon fiber on an organic basis has grown significantly during the past decade and is likely to continue growing robustly over the next decade, benefitting the Carbon Fiber and Graphene Manufacturing industry. Carbon fiber is primarily used in aerospace applications due to its high cost compared with steel and aluminum, which discourages manufacturers from using it in more mainstream industrial applications. Currently, graphene is still an emerging technology, accounting for a negligible portion of industry revenue. However, several companies are racing to develop and patent graphene applications, which could potentially revolutionize the industry in the coming years...purchase to read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
6.2%
Forecast Growth 16-21
Profit
Employment
5,282
Businesses
67

Industry Threats & Opportunities

  • Downstream manufacturers will increase purchases of carbon fiber as production rises
  • The recent appreciation in the dollar has hurt the competitiveness of domestic operators
  • The commercial aerospace and defense industries will remain the largest markets for industry products
  • Industry Report - Starting a New Business Chapter

    The industry has very high barriers to entry due to its high capital intensity, high concentration and the very high level of expertise needed to manufacture carbon fiber and graphene. Industry operators invest millions of dollars in their manufacturing facilities and allocate a significant portion of earnings toward research and development to improve manufacturing efficiencies and improve throughput. Nevertheless, there are opportunities for businesses to enter the industry due to the rapidly increasing demand for carbon fiber. A diversified applied materials company with related manufacturing expertise could enter the industry with relative success on the back of this demand. Whi...purchase to read more.

    Additional Insights for the Carbon Fiber & Graphene Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Carbon Fiber & Graphene Manufacturing Industry are

  • Obtaining and maintaining patent protection
  • Undertaking technical research and development
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Federal funding for defense in the Carbon Fiber & Graphene Manufacturing industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Carbon Fiber & Graphene Manufacturing Industry?

    This industry manufactures graphene, carbon fiber and other advanced carbon-based materials. The main product made by this industry is PAN-based carbon fiber, which is then used to make carbon fiber composites that have excellent strength-to-weight ratios and durability. Key applications for these products include aerospace, automotive, alternative energy and high-tech electronics. Graphene remains an experimental material with limited, if any, commercial applications

    Industry Products
  • PAN-based carbon fiber for prepregs
  • PAN-based carbon fiber for other uses
  • Pitch-based carbon fiber and other products
  • Graphene
  • Industry Activities
  • Manufacturing graphene
  • Manufacturing carbon fiber
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Federal funding for defense
  • External competition
  • Trade-weighted index

  • Current Performance
  • Rapidly rising demand
  • Industry globalization
  • Constrained profitability
  • External competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Strong demand from key markets
  • Continued product development
  • Table: Carbon Fiber & Graphene Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Carbon Fiber & Graphene Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Wind Turbine Manufacturing
  • Car & Automobile Manufacturing
  • Aircraft, Engine & Parts Manufacturing
  • Space Vehicle & Missile Manufacturing
  • Public Administration

  • Key Selling Industries
  • Chemical Product Manufacturing
  • Organic Chemical Manufacturing

  • Products & Services
  • PAN-based carbon fiber for prepregs
  • PAN-based carbon fiber for other uses
  • Pitch-based carbon fiber and other products
  • Graphene
  • Chart: Carbon Fiber & Graphene Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Aerospace, space and defense
  • Industrial and automotive
  • Other
  • Chart: Major Market Segmentation for the Carbon Fiber & Graphene Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Carbon Fiber & Graphene Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Carbon Fiber & Graphene Manufacturing Industry

  • Industry Globalization
    Hexcel Corporation, Cytec Industries of the US, Toray Group,
  • Table: Hexcel Corporation - financial performance
  • Table: Cytec Industries of the US - financial performance
  • Table: Toray Group - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Carbon Fiber & Graphene Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Carbon Fiber & Graphene Manufacturing Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Global demand for carbon fiber in metric tons (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Carbon Fiber
  • A material consisting of thin, strong crystalline filaments of carbon, used as a strengthening material.
  • Carbon Nanotube
  • A fullerene having a cylindrical or toroidal configuration.
  • Graphene
  • A sheet of carbon atoms bound together with double electron bonds in a thin film only one atom thick.
  • Precursor
  • The raw material that carbon fibers are made out of. The two primary precursors used are polyacrylonitrile precursors and petroleum-based pitch precursors.
  • What Our Customers Say

    Why buy this report?

    The Carbon Fiber & Graphene Manufacturing Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Carbon Fiber & Graphene Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Carbon Fiber & Graphene Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Carbon Fiber & Graphene Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear