Carbon fiber (CF) is used as a reinforcement material in composites. Carbon fiber reinforced polymers (CFRP) are mainly used in wind energy, automotive, aerospace (commercial and military aircraft, space launch vehicles), and pressure vessel industries for increased strength to weight and stiffness. Other markets are sports & leisure composites (skis and snowboards, bicycles and hockey sticks) and construction.
CF has the characteristics of common carbon materials such as:
high temperature resistance
It also has advantageous differences such as:
shape has significant anisotropy
can be processed into various fabrics
has a small specific gravity and therefore has a high specific strength.
There are significant regulatory, economic and consumer motivations for manufacturers to adopt materials that reduce the weight of the product and maintain or increase its performance. For example, manufacturers are interested in producing aircraft and automobiles that are more fuel efficient, increasing the size of wind energy blades, and producing strong lightweight storage vessels for alternative transportation fuels. To this end, carbon fiber (CF) and carbon fiber reinforced polymers (CFRP) that provide lightweighting and strength enhancement potential, are primary candidate materials for meeting these goals.
Report contents include:
Figures for current carbon fiber and CFRP demand, production capacities and projected future demand to 2031, by metric tonnes, end user markets and regions.
Market and technical developments 2020-2021.
Assessment of developments in plant-based carbon fibers, low cost production, alternative precursors and processes, and 3D printing.
Markets covered include Aerospace, Sports & Leisure, Wind Energy, Automotive, Pressure Vessels, Construction & Infrastructure and Oil and Gas.
95 companies profiled including CF manufacturers, CFRP manufacturers and CF recyclers. Companies profiled include DowAksa, Formosa Plastics Corporation, Hexcel Corporation, Hyosung Advanced Materials, Jiangsu Hengshen Co., Ltd., Kureha Corporation, Mitsubishi Chemical Corporation, SGL Carbon SE, Solvay SA, Teijin Limited, Toray Industries, Inc., UMATEX, bCircular, Carbon Conversions, Gen 2 Carbon, Mallinda, Carbitex, LeMond Carbon, Continuous Composites, Boston Materials and 9T Labs.
1 EXECUTIVE SUMMARY 11
1.1 Key players 11
1.2 Impact of COVID-19 crisis 12
1.3 Market drivers and trends 12
1.4 Market challenges 13
1.5 Future trends 14
2 INTRODUCTION 15
2.1 Carbon fibers 15
2.1.1 Properties of carbon fibers 15
126.96.36.199 Types by modulus 17
188.8.131.52 Types by the secondary processing 17
2.1.2 Precursor material types 18
184.108.40.206 PAN: Polyacrylonitrile 19
220.127.116.11 Pitch-based carbon fibers 21
18.104.22.168 Viscose (Rayon)-based carbon fibers 22
2.2 Carbon fiber reinforced polymer (CFRP) 23
2.2.1 Applications 23
2.3 Bio-based and alternative precursors 25
2.3.1 Lignin 25
2.3.2 Polyethylene 27
2.3.3 Vapor grown carbon fiber (VGCF) 28
2.3.4 Textile PAN 28
2.4 Recycled carbon fibers (r-CF) 29
2.4.1 Recycling processes 29
2.4.2 Companies 32
2.5 Carbon Fiber 3D Printing 32
2.6 Plasma oxidation 35
3 CARBON FIBER PRODUCTION CAPACITIES 36
3.1 Annual capacity, by producer 36
3.2 Market share, by capacity 37
4 MARKETS FOR CARBON FIBERS 38
4.1 Carbon fiber industry developments 2020-2021 38