Rapid Growth of Green Carbon Fiber and Sustainable Solutions Redefine the Carbon Fiber Market, Poised for a CAGR of 9.17% from 2023 to 2028 - ResearchAndMarkets.com
Carbon fiber is a lightweight and exceptionally strong material composed of thin fibers primarily made of carbon atoms.
- Carbon fiber is a lightweight and exceptionally strong material composed of thin fibers primarily made of carbon atoms.
- By Raw Material: The global carbon fiber market is categorized into two segments based on raw materials: Polyacrylonitrile-based (PAN-based) and Pitch-based.
- Trends: A notable trend in the carbon fiber market is the growing use of green carbon fiber.
- Companies are introducing innovative green carbon fiber products, such as those produced from bio-based feedstocks, to meet the demand for environmentally-conscious solutions.