Gas-Phase-Grown Carbon Fiber Market Size, Share, Competitive Landscape and Trend Analysis Report by Type and by APPLICATION : Global Opportunity Analysis and Industry Forecast, 2023-2032

Gas-phase-grown carbon fiber is manufactured through the catalytic decomposition of hydrocarbons such as methane and benzene in the vapour phase. These fibers contain circular cross sections and central hollow cores that have a few nanometre diameters. The graphite networks are organized in concentric cylinders and carbon fibers are placed like tree rings to form a unique structure that has outstanding physical properties. High tensile strength & tensile modulus, low electrical resistivity, and high thermal conductivity are some of the properties that make these fibers ideal for industrial applications. Their thermal conductivity (1,950 W/m-K) is the highest among all commercial carbon fibers available in the market. These fibers are anticipated to deliver a new generation of polymer composites that have multifunctional properties.

Rapid development of electronic devices, growth in the automotive sector, and rise in the demand for high performance products in aerospace & defence are the major factors that drive the gas-phase-grown carbon fiber market globally. However, high price and long production cycles may restrain the market growth. Nevertheless, the increasing application of gas-phase grown carbon fiber in the medical industry and technological advancements will provide potential opportunities for market expansion.

The report segments the gas-phase-grown carbon fiber market on the basis of type and application. Based on type, the market is bifurcated into polyacrylonitrile (PAN) based and asphalt based.On the basis of application, the market is segmented into aerospace & defence, automotive, electrical & electronics, building & construction, medical, and others. The geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

• This report provides a quantitative analysis of the current trends and estimations of the global gas-phase-grown carbon fiber market to identify prevailing market opportunities.
• Major countries in each region are mapped according to individual market revenue.
• Comprehensive analysis of factors that drive and restrict the market growth has been provided.
• An in-depth analysis of current research & clinical developments within the market has been provided with key dynamic factors.
• Key players and their key developments in the recent past have been listed.

  Gas-Phase-Grown Carbon Fiber Market Report Highlights

Aspects	Details
By Type	PAN BASED ASPHALT BASED
By APPLICATION	AEROSPACE AND DEFENCE AUTOMOTIVE ELECTRICAL AND ELECTRONICS BUILDING AND CONSTRUCTION MEDICAL OTHERS
By GEOGRAPHY	NORTH AMERICA U.S. Canada Mexico EUROPE UK Germany France Spain Italy Rest of Europe ASIA-PACIFIC China Japan India Australia South Korea Rest of Asia-Pacific LAMEA Brazil South Africa Saudi Arabia Rest of LAMEA
Key Market Players	Mitsubishi Rayon Carbon Fiber and Composites, Inc., Toray Industries, Inc., Cytec Industries Inc., Formosa Plastic Corporation, Teijin Limited, SGL Carbon SE, Hexcel Corporation, DowAksa Advanced Composites Holdings B.V., Jiangsu Hengshen Fibre Material Co., Ltd., Zhongfu Shenying Carbon Fiber Co., Ltd.