Global carbon fiber market is expected to foresee significant growth owing to rising demand of composite materials for large base of industry!
- Vikas Kumar
- October 11, 2021
- CHEMICAL, NEWS
- Carbon fiber market, Carbon fiber market Growth, Carbon fiber market news, Carbon fiber market Share, Carbon fiber market Size, Carbon fiber market Trend
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Global carbon fiber market stood around $4 billion in 2020 and it is expected to grow at a CAGR of ~8% during the forecast period. This is mainlyattributable to the increasing adoption of components which are light in weight and simultaneously offer the same or better quality compared to conventional products. Further, increasing investment by the industry to lower the …Continue Reading