Advanced Carbon Materials Market Size, Share & Global Forecast 2018-2025

Adroit Market Research
Global Advanced Carbon Material
Market
Size 2017 by Product (Carbon Fibers, Structural graphite,
CNT, Graphene and Carbon Foams), by Applications
(Aerospace & Defence, Energy, Electronics, Sports,
Automotive, Construction and Others), Region and Forecast
2018 to 2025
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Adroit Market Research
Advanced Carbon Materials Market Size, Share & Global Forecast 2018-2025
• Adroit Market Research today published a study on the “Global Advanced Carbon Materials Market Size 2017 by Product
(Carbon Fibers, Structural graphite, CNT, Graphene and Carbon Foams), by Applications (Aerospace & Defence, Energy,
Electronics, Sports, Automotive, Construction and Others), Region and Forecast 2018 to 2025”. The global advanced
carbon materials market size is provided based on a detailed analysis of penetration of carbon products into key
applications. The report also provides comprehensive mapping of competitive landscape and the key winning strategies
adopted by leading players, which highly impacts the advanced carbon materials industry. Current advanced carbon
material market trends, competition, forecast and dynamics including drivers, restraints and opportunities has been also
covered in the final study. Global advanced carbon material market size has also been laid down based on an extensive
value chain of the carbon products and their applications in numerous end-use industries, varying across different regions
along with Porter’s Five Forces Analysis for better decision making.
• Global advanced carbon materials market size is projected to be valued USD 12.66 billion by 2025, driven by growing
demand for carbon composites in key industries such as aerospace & defence, energy, electronics, and automotive
industries. Rising trend of miniaturization of vehicles and application of lightweight composites among construction and
aerospace sectors is expected to provide numerous opportunities for the growth of advanced carbon materials market size
during the forecast years.
• Carbon foams exhibit beneficial properties namely, chemical inertness, resistivity to ultra-high temperatures and better
electrical conductivity. Now a days, lightweight materials are widely utilized in manufacturing of aircraft, ship interior
panels, non-structural bulkheads, structural insulation, and sound absorption panels for ship topside structure.
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Adroit Market Research
Advanced Carbon Materials Market Size, Share & Global Forecast 2018-2025
• Graphene is projected to witness a fast-paced volume growth, rising with a CAGR of 26.7% from 2018 to 2025. Graphene
offers an unrivalled combination of tensile, electrical, thermal and optical properties and is therefore being considered as
material of choice among defence and automotive sectors. Significant investments made in recent years has accelerated
the pace of new technologies and applications of graphene. For instance, currently China is heavily investing into graphene
and patenting new technologies. Also, UK government in 2017, provided a funding of £120m to National Graphene
Institute, Manchester for development and commercialization of graphene applications.
• Aerospace & defence accounted for 34.5% share of the advanced carbon materials industry revenue, benefiting from the
rising trend of replacement of steel and aluminium with carbon and glass composites. For instance, Boeing and Airbus are
integrating composite material into aircraft parts to increase the safety, strength and reducing weight and fuel
consumption. Also, graphene’s property of high conductivity in comparison to carbon helps in protecting the plane from
lightning strikes. Previously designed airplanes are also safe from the lightning strike because of presence of copper mesh
in its wing. However, replacement of copper mesh by graphene make the plane light weight and is also the ongoing
advanced carbon material market trends. High graphene conductivity also de-ices plane and this in turn reduces the
equipment cost significantly. Further, growth of aviation sector is expected to drive the advanced carbon materials market
in the coming years.
• North America is one of the oldest aircraft establishment bases, operating from the early 1900s. North America accounted
for nearly 27% of the advanced carbon material market size. The region still dominates the global aviation industry with
presence of big players such as Boeing. The U.S. is a leading exporter of aircrafts and maintenance parts. In 2017, the U.S.
aerospace exports accounted for nearly USD 143.16 billion.
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Adroit Market Research
Advanced Carbon Materials Market Size, Share & Global Forecast 2018-2025
• Growth in tourist traffic has catered to increased demand for commercial aircrafts and rising requirement for defense
aircrafts has further paved the way for development of advanced carbon materials market. Along with aerospace industry,
technological innovations which demand use of lightweight and strong products has also propelled the demand for carbon
fiber and its composites. For instance, around 50% of Boeing’s 787 Dreamliner’s structure is made up of carbon fiber
reinforced polymers as compared to its predecessor Boeing 777 which comprised only 10% of carbon fiber composites in
its structural weight
• The global advanced carbon materials market is highly competitive owing to the presence of large number of players in
the value chain. Companies such as Graphenea, CNano Technology, CVD Equipment Corporation, Showa Denko K.K.,
Zoltek, Arkema S.A. are some of the leading player heavily influencing the global advanced materials market size.
• Browse the complete report on @ https://www.adroitmarketresearch.com/industryreports/advanced-carbon-material-market
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Key segments of the global advanced materials market
Product Overview, 2015-2025 (Tons) (USD Million)
• Carbon Fibers
• Structural graphite
• CNT
• Graphene
• Carbon Foams
Application Overview, 2015-2025 (Tons) (USD Million)
• Aerospace & Defence
• Energy
• Electronics
• Sports
• Automotive
• Construction
• Others
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Key segments of the global advanced materials market
Regional Overview, 2015-2025 (USD Million)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
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Adroit Market Research has announced the addition of the “Advanced Carbon Material Market” report to their offering.