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The market for automotive carbon fiber parts will grow 9.77% over the next four years

The market for automotive carbon fiber parts will grow 9.77% over the next four years

  • Categories:Industry Trends
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  • Time of issue:2021-03-29 11:13
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(Summary description)The global automotive carbon fiber parts market is likely to grow at a CAGR of 9.77% from 2018 to 2022, according to the market research firm. It is reported that the increasing use of carbon fiber materials in the automobile industry is one of the factors driving the development of the automobile market. The auto industry is now leaning toward energy-efficient, rigid and lightweight materials to reduce environmental damage, but intensifying competition between prototype equipment manufacturers (OEMs) and automakers is likely to lead to more use of many advanced materials, including carbon fiber, aluminum and magnesium, in cars.

The market for automotive carbon fiber parts will grow 9.77% over the next four years

(Summary description)The global automotive carbon fiber parts market is likely to grow at a CAGR of 9.77% from 2018 to 2022, according to the market research firm.

It is reported that the increasing use of carbon fiber materials in the automobile industry is one of the factors driving the development of the automobile market. The auto industry is now leaning toward energy-efficient, rigid and lightweight materials to reduce environmental damage, but intensifying competition between prototype equipment manufacturers (OEMs) and automakers is likely to lead to more use of many advanced materials, including carbon fiber, aluminum and magnesium, in cars.

  • Categories:Industry Trends
  • Author:
  • Origin:
  • Time of issue:2021-03-29 11:13
  • Views:
Information
The global automotive carbon fiber parts market is likely to grow at a CAGR of 9.77% from 2018 to 2022, according to the market research firm.
 
It is reported that the increasing use of carbon fiber materials in the automobile industry is one of the factors driving the development of the automobile market. The auto industry is now leaning toward energy-efficient, rigid and lightweight materials to reduce environmental damage, but intensifying competition between prototype equipment manufacturers (OEMs) and automakers is likely to lead to more use of many advanced materials, including carbon fiber, aluminum and magnesium, in cars.
 
However, the report also points to a challenge affecting the market, namely the high price of carbon fiber and expensive research and development costs. Higher prices for raw materials such as resin and carbon fiber have increased suppliers' procurement costs, pushing the average price of carbon fiber as high as $40 to $50 a pound. A small part of the increase in procurement costs is borne by carbon fiber suppliers, while the major share results in higher prices for customers, which may be a challenge for the automotive market in the future.
 
Source: China Powder Metallurgy Business Network
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More information

Application of carbon fiber [ 2022-03-16 ]
Application of carbon fiber: carbon fiber reinforced cement, sealing filler, carbon fiber reinforced nylon, tetrafluoroethylene and other engineering plastics (such as notebook computer shell, bicycle frame, automobile fender, bumper, reinforced furniture plate, safety helmet, etc.), carbon fiber felt, various conductive paper, anti-static materials (composite floor, carpet, mining fan blade, etc.), All kinds of electromagnetic shielding materials, C / C composite wear-resistant and high-temperature sealing materials, fireproof materials (fireproof wallpaper, curtains, etc.), adsorption materials, oil field gas transmission, oil pipeline, etc. if you need to use the following products, you are welcome to contact at any time.
Application of auto parts [ 2021-03-30 ]
Dongguan City Shangtai Carbon Fiber Technology Co., Ltd. specializes in the production of carbon fiber composite materials made of carbon fiber tube, carbon fiber rod, carbon fiber plate, carbon fiber sheet, carbon fiber special-shaped parts, such as carbon fiber products. The company is located in xiegang town, dongguan city, guangdong province, is a collection of production, research and development and sales as one of the modern carbon fiber material processing factory. After years of technology and research and development team precipitation, the company has become a certain influence at home and abroad carbon fiber, glass fiber products one of the manufacturers.
Dongguan City Shangtai Carbon Fiber Technology Co., Ltd. specializes in the production of carbon fiber composite materials made of carbon fiber tube, carbon fiber rod, carbon fiber plate, carbon fiber sheet, carbon fiber special-shaped parts, such as carbon fiber products. The company is located in xiegang town, dongguan city, guangdong province, is a collection of production, research and development and sales as one of the modern carbon fiber material processing factory. After years of technology and research and development team precipitation, the company has become a certain influence at home and abroad carbon fiber, glass fiber products one of the manufacturers.
Mechanical automation application [ 2021-03-30 ]
Dongguan City Shangtai Carbon Fiber Technology Co., Ltd. specializes in the production of carbon fiber composite materials made of carbon fiber tube, carbon fiber rod, carbon fiber plate, carbon fiber sheet, carbon fiber special-shaped parts, such as carbon fiber products. The company is located in xiegang town, dongguan city, guangdong province, is a collection of production, research and development and sales as one of the modern carbon fiber material processing factory. After years of technology and research and development team precipitation, the company has become a certain influence at home and abroad carbon fiber, glass fiber products one of the manufacturers.
Rail Train Application [ 2021-03-30 ]
Dongguan City Shangtai Carbon Fiber Technology Co., Ltd. specializes in the production of carbon fiber composite materials made of carbon fiber tube, carbon fiber rod, carbon fiber plate, carbon fiber sheet, carbon fiber special-shaped parts, such as carbon fiber products. The company is located in xiegang town, dongguan city, guangdong province, is a collection of production, research and development and sales as one of the modern carbon fiber material processing factory. After years of technology and research and development team precipitation, the company has become a certain influence at home and abroad carbon fiber, glass fiber products one of the manufacturers.

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