Carbon Fiber Market - Growth, Trends [2028], & Analysis
Global Carbon Fiber market is anticipated to expand significantly through 2028 due to the growing demand from the automotive and aviation industries. In 2021, the carbon fiber demand in North America amounted to nearly 43550 tonnes. Global Carbon Fiber market is expected to expand during the projected period due to growing demand from the automotive and aviation industries as it offers excellent mechanical & physical properties which help in the production of their body parts. Carbon fiber, also known as graphite fiber. High tensile strength, good chemical resistance, high stiffness, high corrosion resistance and low weight are some of the properties of carbon fibers that help to utilize in various applications. It is more robust than steel and aluminium. Some companies use carbon fiber for developing 3D printing filaments. For instance, in 2020, MakerBot introduced METHOD to print nylon-reinforced carbon fiber for industrial purposes. Risin...