Pitch-Based Carbon Fiber Market Research Report - Forecast till 2027

Pitch-Based Carbon Fiber Market: Information by Type (Composite and Non-Composite), Application (Aerospace and Defense, Wind Energy, Sports & Leisure, Automotive, Construction and others) and Region - Forecast till 2027

ID: MRFR/CnM/6743-CR | August, 2019 | Region : Global

The pitch-based carbon fiber market share is expected to be USD 104,337.2 thousand in US Dollars by December of 2027. The CAGR during this period is expected to be 6.5%. Carbon fiber is light and is mostly (95%) composed of reinforced carbon. Pitch-based carbon fiber consists of extremely thin carbon threads. 


COVID-19 analysis


The pitch-based carbon fiber market has suffered from a slight setback because of COVID-19. National governments have closed boundaries and imposed indefinite or temporary lockdowns and quarantines in the attempt to stop the spread of the virus. 


 


The pitch-based carbon fiber market has suffered the most in the ability to find raw materials from reliable distributors because of COVID-19. This has brought the cost of manufacturing pitch-based carbon fiber up substantially. Governments have also temporarily complicated matters by introducing new rules and regulations to control the spread of COVID-19.


 


Key Companies


The major companies in the pitch-based carbon fiber market are:


● Hexal Corporation - USA


● Hyosung Corporation - South Korea


● SGL Carbon - Germany


● Mitsubishi - Japan


● Teijin Limited - Japan


● Cytec Industries - USA


● Toray Industries - Japan


● DowAksa - Georgia


● Svetlogorsskhimvolonkno - Belarus


● Nippon Graphite Fiber - Japan



Market overview

This fiber is valuable because it has many useful properties when woven and coated with a polymer. Many industries including alternative energy, aerospace and defense, automotive, sports & leisure, and construction. What they value the most about pitch-based carbon fiber is its high strength and tensile strength in comparison to its lower weight, its ability to retain shape even when subjected to intense heat, and its ability to withstand chemical exposure.


 


 


Market dynamics


Drivers


One of the main industries that are driving growth in the pitch-based carbon fiber market is aerospace & defense. The auto industry is the second major contributor to the rapid growth in demand for pitch-based carbon fiber. Both industries need the strength, high melting point, and durability that pitch-based carbon fiber offers.


 


Opportunities


The immense and rapidly rising demand for pitch-based carbon fiber in both the aerospace & defense and the automobile industry is creating a predictable and steady income source for the pitch-based carbon fiber market. It is also creating many opportunities. One of these comes from the alternative (wind energy) industry. This industry is growing fast and needs pitch-based carbon fiber to generate sufficient energy from wind efficiently.


 


Restraints


One main factor that is keeping the pitch-based carbon fiber market from realizing its true potential is the fact that many lower-priced products are equally as effective as pitch-based carbon fiber on the market. 


 


Challenges


Pitch-based carbon fiber is not very affordable. It is extremely high price is going to present a major challenge in terms of current and future growth generation and potential. The higher cost is driving many smaller companies (especially) to use more affordable materials like PAN-based carbon fiber and fiberglass fabric. These two materials have many of the same effects and benefits as pitch-based carbon fiber.


 


Cumulative growth analysis


The overall CAGR for the pitch-based carbon fiber industry is 6.5%. Though this is fairly strong growth, many restraints and challenges remain. Perhaps this the reason why revenue for this industry is only in the several hundreds of thousands of dollars instead of several millions of dollars. However, the next generation of pitch-based carbon fiber is incorporating many technological advancements and innovations. This will drive future growth.


 


Technology analysis


There is a silver lining. The pitch-based carbon fiber market growth may well be picking up. This is thanks to new technological advances. One of these is carbon fiber that is made from mesophase coal pitch. This is an inexpensive material. The product is of the same quality as traditional pitch-based carbon fiber. This is one of the reasons why growth in the pitch-based carbon fiber market is starting to increase - its retail price to the end consumer is becoming much more affordable.


 


Segment overview


By service


The main industries that use pitch-based carbon fiber are aerospace and defense, automotive, alternative energy, sports and leisure, construction, etc... These industries have an insatiable demand for this material largely because of its many useful qualities and properties.


 


By technology


Many new technologies are spurring pitch-based carbon fiber market growth. The main reason for this is because the cost of producing pitch-based carbon fiber is declining substantially. The manufacturers can pass these savings off to the end consumer in the form of lower prices. 


 


One type of new technology is mesophase coal pith. Pitch-based carbon fibers that are made from this raw material are stronger, lighter, and more flexible than conventional pitch-based carbon fiber. A bonus is that they are also priced substantially less than their older counterparts.


 


By type


There are three types of pitch-based carbon fiber: type, application, and region. The type of category can be further subdivided into composite and non-composite categories. The composite segment accounted for 94.4% of the overall pitch-based carbon market share. This segment alone is expected to have a CAGR of 6.5% over the next four years (until 2025.) 


 


Many industries need the types of properties and qualities of this category of pitch-based carbon. This is the main reason for its rapid growth and large market share.


 


By vertical


Many industries need pitch-based carbon fiber. These are aerospace and defense, automotive, wind energy, sports & leisure, and construction. Of course, this is just a handful of the many industries that find pitch-based carbon fiber useful. The aerospace industry used this type of carbon fiber the most. Its CAGR is 7% and this industry is expected to be worth 55,559,2 thousand US Dollars by December of 2027.


 


Governments around the world are spending more on their defense and aerospace capacities and facilities. The result is a demand for the raw materials (pitch-based carbon fiber) that make the equipment and drones that drive these industries. The alternative energy is also experiencing healthy growth. Its CAGR is expected to be more than 6.5% from 2019 to 2027. The third industry is the automotive industry. It also uses carbon fiber and is expected to have high CAGR largely because using lighter materials in cars helps reduce overall carbon emissions.


 


Regional analysis


Five regions use pitch-based carbon fiber. They are the North American region, the Asia-Pacific region, the European region, the Latin American region, and the MENA region. The Asia-Pacific region had the highest pitch-based carbon market share at 36.2%. 


 


This region is experiencing rapid economic and population growth. Therefore, demand for aerospace and energy products is exploding. These industries have traditionally used pitch-based carbon fiber. Alternative energy is also starting to take off there. The CAGR for the projected period is expected to be 7%. The Chinese market is expected to have a CAGR of 7.5% from 2019 to December 2027.


 


The North American region accounted for the second-largest pitch-based carbon market share. The main reason why is exponential growth in the aerospace and defense industries. However, the construction and sports industries are growing in Canada. The CAGR in Canada is expected to be 5% in this period. CAGR in America is expected to be 6.5%.


 


Competitive landscape


The pitch-based carbon fiber market is very competitive. The next generation of carbon fiber uses new technologies that make its manufacture and distribution relatively inexpensive. This results in lower barriers to entry. Many companies are seeing that the market is lucrative. Therefore, both entrenched and new players are entering the market at breakneck speed.


 


A major player in the pitch-based carbon fiber market is Hexal Corporation (USA.) It is surviving by using a two-pronged strategy. The first prong is to bring newer and more effective products that use new and innovative technologies. The second prong is to enter joint ventures. One such JV is between Hexal and Arkema (France.)


 


These two giants have set up an R&D center in France. The objective is to produce a new generation of lightweight pitch-based carbon fiber. This fiber would have many more applications. It would (therefore) be used by many more industries.


 


 


Recent developments


● SGL Carbon and the National Composite Center have created a joint venture. The two companies will do R&D to develop new products for the aerospace, oil and gas, and transportation industries. These new products will use new technologies and will be much more innovative and useful.


● Hexal and Arkema have done the same thing in France.


● DowAksa entered with PULL Wind Consortium. The two companies will offer innovative solutions to companies in the wind energy generation industry.


● Hexal opened a new plant in France. This plant will manufacture a new generation of pitch-based carbon fiber materials.


 


Report overview


The pitch-based carbon fiber market is experiencing a CAGR of over 6.5%. This is expected to continue until December of 2027. However, market growth and usage remain low in comparison to its potential. The main reason for this is the high cost of this type of carbon fiber. Many companies are responding by forming joint ventures whose objectives are to do research and development to find the technologies that will allow manufacturers to produce pitch-based carbon fiber at affordable prices.

1 Executive Summary


1.1 Market Attractiveness 15


1.2 Global Pitch-Based Carbon Fiber Market, By Type 15


1.3 Global Pitch-Based Carbon Fiber Market, By Application 16


2 Market Introduction


2.1 Definition 17


2.2 Scope Of The Study 17


2.3 List Of Assumptions 18


2.4 Market Structure 18


3 Market Insights


3.1 Global Market Share, By Region (%) 19


4 Research Methodology


4.1 Research Process 21


4.2 Primary Research 22


4.3 Secondary Research 23


4.4 Market Size Estimation 23


4.5 Forecast Model 24


5 Market Dynamics


5.1 Introduction 25


5.2 Drivers 26


5.2.1 Increasing Demand For Carbon Fibers In The Aerospace & Defense Industry 26


5.2.2 Growing Wind Energy Sector 26


5.2.3 Drivers Impact Analysis 28


5.3 Restraints 29


5.3.1 Availability Of Close Substitute 29


5.3.2 Restraint Impact Analysis 29


5.4 Opportunities 30


5.4.1 Increasing Application In The Automotive Industry 30


6 Market Factor Analysis


6.1 Supply Chain Analysis 31


6.1.1 Raw Material Suppliers 31


6.1.2 Pitch-Based Carbon Fiber Manufacturers 33


6.1.3 Distribution Channel 33


6.1.4 Applications 35


6.2 Porter’s Five Forces Analysis 36


6.2.1 Threat Of New Entrants 36


6.2.2 Intensity Of Competitive Rivalry 37


6.2.3 Threat Of Substitutes 37


6.2.4 Bargaining Power Of Suppliers 37


6.2.5 Bargaining Power Of Buyers 37


6.3 Macroeconomic Indicators 38


6.4 Marketing Channel 43


6.4.1 Direct Marketing 43


6.4.2 Indirect Marketing 43


6.4.3 Marketing Channel Development Trend 43


7 Global Pitch-Based Carbon Fiber Market, By Type


7.1 Introduction 44


7.2 Composite 45


7.3 Non-Composite 46


8 Global Pitch-Based Carbon Fiber Market, By Application


8.1 Introduction 48


8.2 Aerospace & Defense 50


8.3 Wind Energy 51


8.4 Sports & Leisure 52


8.5 Automotive 53


8.6 Construction 54


8.7 Others 55


9 Global Pitch-Based Carbon Fiber Market, By Region


9.1 Introduction 57


9.2 North America 61


9.2.1 US 63


9.2.2 Canada 65


9.3 Europe 67


9.3.1 Germany 69


9.3.2 UK 71


9.3.3 Russia 73


9.3.4 France 74


9.3.5 Spain 76


9.3.6 Italy 78


9.3.7 Rest Of Europe 79


9.4 Asia-Pacific 82


9.4.1 China 84


9.4.2 Japan 86


9.4.3 India 88


9.4.4 Southeast Asia 89


9.4.5 South Korea 91


9.4.6 Rest Of Asia-Pacific 93


9.5 Rest Of World 95


10 Competitive Landscape


10.1 Introduction 97


10.2 Market Strategy Analysis 97


10.3 Key Developments Analysis 98


10.4 Production Analysis, By Region, 2013 99


10.5 Production Analysis, By Region, 2020 99


10.6 Pitch-Based Carbon Fiber Manufacturing Cost Analysis 100


10.7 Pitch-Based Carbon Fiber Market Competition By Manufacturers 100


11 Company Profiles


11.1 Hexcel Corporation 101


11.1.1 Company Overview 101


11.1.2 Financial Overview 102


11.1.3 Products Offered 102


11.1.4 Key Developments 103


11.1.5 SWOT Analysis 103


11.1.6 Key Strategies 103


11.2 Nippon Graphite Fiber Co., Ltd 104


11.2.1 Company Overview 104


11.2.2 Financial Overview 104


11.2.3 Products Offered 105


11.2.4 Key Developments 105


11.2.5 SWOT Analysis 105


11.2.6 Key Strategies 105


11.3 KUREHA CORPORATION 106


11.3.1 Company Overview 106


11.3.2 Financial Overview 106


11.3.3 Products Offered 106


11.3.4 Key Developments 107


11.3.5 SWOT Analysis 107


11.3.6 Key Strategies 107


11.4 Hyosung Corporation 108


11.4.1 Company Overview 108


11.4.2 Financial Overview 108


11.4.3 Products Offered 109


11.4.4 Key Developments 109


11.4.5 SWOT Analysis 109


11.4.6 Key Strategies 109


11.5 Mitsubishi Chemical Corporation 110


11.5.1 Company Overview 110


11.5.2 Financial Overview 110


11.5.3 Products Offered 111


11.5.4 Key Developments 111


11.5.5 SWOT Analysis 111


11.5.6 Key Strategies 111


11.6 Teijin Limited 112


11.6.1 Company Overview 112


11.6.2 Financial Overview 112


11.6.3 Products Offered 113


11.6.4 Key Developments 113


11.6.5 SWOT Analysis 113


11.6.6 Key Strategies 113


11.7 Cytec Industries, Inc 114


11.7.1 Company Overview 114


11.7.2 Financial Overview 114


11.7.3 Products Offered 115


11.7.4 Key Developments 115


11.7.5 SWOT Analysis 115


11.7.6 Key Strategies 115


11.8 DowAksa 116


11.8.1 Company Overview 116


11.8.2 Financial Overview 116


11.8.3 Products Offered 116


11.8.4 Key Developments 116


11.8.5 SWOT Analysis 116


11.8.6 Key Strategies 117


11.9 OJSC «SvetlogorskKhimvolokno» 118


11.9.1 Company Overview 118


11.9.2 Financial Overview 118


11.9.3 Products Offered 118


11.9.4 Key Developments 118


11.9.5 SWOT Analysis 118


11.9.6 Key Strategies 118


11.10 SGL Carbon 119


11.10.1 Company Overview 119


11.10.2 Financial Overview 119


11.10.3 Products Offered 120


11.10.4 Key Developments 120


11.10.5 SWOT Analysis 120


11.10.6 Key Strategies 120


11.11 Toray Industries Inc 121


11.11.1 Company Overview 121


11.11.2 Financial Overview 121


11.11.3 Products Offered 122


11.11.4 Key Developments 122


11.11.5 SWOT Analysis 122


11.11.6 Key Strategies 122


12 Conclusion




13 List Of Tables


TABLE 1 LIST OF ASSUMPTIONS 18


TABLE 2 TOP 10 COUNTRIES CUMULATION WIND CAPACITY SHARE, 2020 28


TABLE 3 LIST OF PETROLEUM PITCH AND COAL TAR SUPPLIERS 32


TABLE 4 CARBON FIBER DISTRIBUTORS 34


TABLE 5 NOMINAL GDP AND GDP GROWTH RATE, 2020 38


TABLE 6 KEY COUNTRIES SECTOR-WISE CONTRIBUTION TO GDP, 2020–2020 41


TABLE 7 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 44


TABLE 8 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 45


TABLE 9 COMPOSITE: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (USD THOUSAND) 46


TABLE 10 COMPOSITE: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (TONS) 46


TABLE 11 NON-COMPOSITE: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (USD THOUSAND) 47


TABLE 12 NON-COMPOSITE: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (TONS) 47


TABLE 13 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 49


TABLE 14 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 50


TABLE 15 AEROSPACE & DEFENSE: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (USD THOUSAND) 50


TABLE 16 AEROSPACE & DEFENSE: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (TONS) 51


TABLE 17 WIND ENERGY: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (USD THOUSAND) 51


TABLE 18 WIND ENERGY: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (TONS) 52


TABLE 19 SPORTS & LEISURE: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (USD THOUSAND) 52


TABLE 20 SPORTS & LEISURE: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (TONS) 53


TABLE 21 AUTOMOTIVE: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (USD THOUSAND) 54


TABLE 22 AUTOMOTIVE: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (TONS) 54


TABLE 23 CONSTRUCTION: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (USD THOUSAND) 55


TABLE 24 CONSTRUCTION: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (TONS) 55


TABLE 25 OTHERS: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (USD THOUSAND) 56


TABLE 26 OTHERS: GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (TONS) 56


TABLE 27 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (USD THOUSAND) 58


TABLE 28 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (TONS) 58


TABLE 29 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 59


TABLE 30 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 59


TABLE 31 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 60


TABLE 32 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 60


TABLE 33 NORTH AMERICA: PITCH–BASED CARBON FIBER MARKET, BY COUNTRY, 2020‒2027 (USD THOUSAND) 61


TABLE 34 NORTH AMERICA: PITCH–BASED CARBON FIBER MARKET, BY COUNTRY, 2020‒2027 (TONS) 61


TABLE 35 NORTH AMERICA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 61


TABLE 36 NORTH AMERICA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 62


TABLE 37 NORTH AMERICA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 62


TABLE 38 NORTH AMERICA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 63


TABLE 39 US: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 63


TABLE 40 US: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 63


TABLE 41 US: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 64


TABLE 42 US: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 64


TABLE 43 CANADA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 65


TABLE 44 CANADA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 65


TABLE 45 CANADA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 65


TABLE 46 CANADA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 66


TABLE 47 EUROPE: PITCH–BASED CARBON FIBER MARKET, BY COUNTRY, 2020‒2027 (USD THOUSAND) 67


TABLE 48 EUROPE: PITCH–BASED CARBON FIBER MARKET, BY COUNTRY, 2020‒2027 (TONS) 67


TABLE 49 EUROPE: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 68


TABLE 50 EUROPE: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 68


TABLE 51 EUROPE: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 68


TABLE 52 EUROPE: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 69


TABLE 53 GERMANY: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 69


TABLE 54 GERMANY: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 70


TABLE 55 GERMANY: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 70


TABLE 56 GERMANY: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 71


TABLE 57 UK: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 71


TABLE 58 UK: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 71


TABLE 59 UK: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 72


TABLE 60 UK: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 72


TABLE 61 RUSSIA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 73


TABLE 62 RUSSIA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 73


TABLE 63 RUSSIA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 73


TABLE 64 RUSSIA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 74


TABLE 65 FRANCE: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 74


TABLE 66 FRANCE: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 75


TABLE 67 FRANCE: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 75


TABLE 68 FRANCE: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 76


TABLE 69 SPAIN: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 76


TABLE 70 SPAIN: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 76


TABLE 71 SPAIN: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 77


TABLE 72 SPAIN: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 77


TABLE 73 ITALY: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 78


TABLE 74 ITALY: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 78


TABLE 75 ITALY: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 78


TABLE 76 ITALY: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 79


TABLE 77 REST OF EUROPE: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 79


TABLE 78 REST OF EUROPE: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 80


TABLE 79 REST OF EUROPE: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 80


TABLE 80 REST OF EUROPE: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 81


TABLE 81 ASIA-PACIFIC: PITCH–BASED CARBON FIBER MARKET, BY COUNTRY, 2020‒2027 (USD THOUSAND) 82


TABLE 82 ASIA-PACIFIC: PITCH–BASED CARBON FIBER MARKET, BY COUNTRY, 2020‒2027 (TONS) 82


TABLE 83 ASIA-PACIFIC: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 83


TABLE 84 ASIA-PACIFIC: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 83


TABLE 85 ASIA-PACIFIC: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 83


TABLE 86 ASIA-PACIFIC: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 84


TABLE 87 CHINA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 84


TABLE 88 CHINA: PITCH–BASED CARBON FIBERMARKET, BY TYPE, 2020‒2027 (TONS) 85


TABLE 89 CHINA: PITCH–BASED CARBON FIBERMARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 85


TABLE 90 CHINA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 86


TABLE 91 JAPAN: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 86


TABLE 92 JAPAN: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 86


TABLE 93 JAPAN: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 87


TABLE 94 JAPAN: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 87


TABLE 95 INDIA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 88


TABLE 96 INDIA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 88


TABLE 97 INDIA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 88


TABLE 98 INDIA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 89


TABLE 99 SOUTHEAST ASIA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 89


TABLE 100 SOUTHEAST ASIA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 90


TABLE 101 SOUTHEAST ASIA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 90


TABLE 102 SOUTHEAST ASIA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 91


TABLE 103 SOUTH KOREA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 91


TABLE 104 SOUTH KOREA: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 91


TABLE 105 SOUTH KOREA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 92


TABLE 106 SOUTH KOREA: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 92


TABLE 107 REST OF ASIA-PACIFIC: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 93


TABLE 108 REST OF ASIA-PACIFIC: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 93


TABLE 109 REST OF ASIA-PACIFIC: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 93


TABLE 110 REST OF ASIA-PACIFIC: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 94


TABLE 111 REST OF WORLD: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 95


TABLE 112 REST OF WORLD: PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 95


TABLE 113 REST OF WORLD: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 95


TABLE 114 REST OF WORLD: PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 96


TABLE 115 KEY DEVELOPMENTS 98


14 List Of Figures


FIGURE 1 MARKET SYNOPSIS 14


FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL PITCH-BASED CARBON FIBER MARKET 15


FIGURE 3 GLOBAL PITCH-BASED CARBON FIBER MARKET ANALYSIS, BY TYPE 15


FIGURE 4 GLOBAL PITCH-BASED CARBON FIBER MARKET ANALYSIS, BY APPLICATION 16


FIGURE 5 GLOBAL PITCH-BASED CARBON FIBER MARKET: MARKET STRUCTURE 18


FIGURE 6 NORTH AMERICA MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 19


FIGURE 7 EUROPE MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 19


FIGURE 8 ASIA-PACIFIC MARKET SIZE & MARKET SHARE, BY COUNTRY (2020 VS 2027) 20


FIGURE 9 LATIN AMERICA MARKET, BY COUNTRY (2020 VS 2027) 20


FIGURE 10 RESEARCH PROCESS OF MRFR 21


FIGURE 11 TOP-DOWN & BOTTOM-UP APPROACH 24


FIGURE 12 MARKET DYNAMICS OVERVIEW 25


FIGURE 13 GLOBAL CUMULATIVE INSTALLED WIND CAPACITY, MW, 2020–2020 27


FIGURE 14 REGIONAL SHARE OF THE INSTALLED WIND CAPACITY, 2020, % 27


FIGURE 15 DRIVERS IMPACT ANALYSIS: GLOBAL PITCH-BASED CARBON FIBER MARKET 28


FIGURE 16 RESTRAINT IMPACT ANALYSIS: GLOBAL PITCH-BASED CARBON FIBER MARKET 29


FIGURE 17 GLOBAL AUTOMOTIVE PRODUCTION, 2020–2020, MILLION UNITS 30


FIGURE 18 SUPPLY CHAIN ANALYSIS OF THE GLOBAL PITCH-BASED CARBON FIBER MARKET 31


FIGURE 19 PORTER’S FIVE FORCES ANALYSIS OF THE GLOBAL PITCH-BASED CARBON FIBER MARKET 36


FIGURE 20 INDIA’S SECTOR-WISE CONTRIBUTION TO GDP, IN 2020–2020 39


FIGURE 21 CHINA’S SECTOR-WISE CONTRIBUTION TO GDP, 2020–2020 40


FIGURE 22 US SECTOR-WISE CONTRIBUTION TO GDP, 201–-2020 40


FIGURE 23 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (USD THOUSAND) 44


FIGURE 24 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY TYPE, 2020‒2027 (TONS) 45


FIGURE 25 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (USD THOUSAND) 48


FIGURE 26 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY APPLICATION, 2020‒2027 (TONS) 49


FIGURE 27 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (USD THOUSAND) 57


FIGURE 28 GLOBAL PITCH–BASED CARBON FIBER MARKET, BY REGION, 2020‒2027 (TONS) 58


FIGURE 29 MARKET STRATEGY (%) 97

Pitch Based Carbon Fiber Market