Industry Experts - Market Research Reports, Industry Analysis, Custom Research

Industry Experts, Inc. released an updated 2018 version of its in depth comprehensive market report on Carbon Fibers. This global market report entitled " Carbon Fibers & Carbon Fiber Reinforced Plastics (CFRP) – A Global Market Overview " reveals that the Asian market for carbon fibers is expected to increase at a robust 2017-2024 CAGR in terms of both for volume consumption and the market value. The automotive industry is primed to be the fastest growing sector for carbon fibers and OEMs operating in this area are likely to employ a combination of steel, aluminum and composites based on demands of mechanical requirements and costs. The other sector likely to contribute to significant growth in demand for carbon fibers is pressure vessels that are used for storing and transporting compressed and liquefied natural gas in automotive and fleet applications, with regions in Asia-Pacific, South America and Europe being the main drivers. Application areas analyzed in the