What is Carbon Fiber Rods Market?
Carbon fibre rods are super strong and also extremely lightweight compare to steel and titanium. The carbon fibre rod is the ideal building material for frames, trusses and for use as reinforcing material. It is twice as stiff as steel and five times as strong as steel as and lighter than titanium and stiffer than titanium which makes it great for almost anything that requires high and low weight. These rods are manufactured by wrapping epoxy resin and carbon fibres to the desired cross-section to form a densely reinforced carbon composite. Due to its incredible strength, it used in a wide range of application including aerospace, automobile and other industries hence the demand for it is booming in the market.
The market study is being classified, by Application (Radio-Controlled (RC) Planes/Helicopters, Unmanned Air Vehicles (UAVs), Stunt/Power Kites, Robots and Mechanical Control Mechanisms) and major geographies with country level break-up.
ZOLTEK (United States), TORAY INTERNATIONAL, INC. (Hong kong), KUREHA CORPORATION (Japan), Teijin Carbon America Inc (United States), 4M Carbon Fiber Corp (United States), Advanced Carbon Products (United States), Cytec Engineered Materials Inc (United States), Hexcel Corporation (United States) and Mitsubishi Chemical Carbon Fiber and Composites (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Carbon Fiber Rods market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Carbon Fiber Rods market by Type, Application and Region.
On the basis of geography, the market of Carbon Fiber Rods has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Adoption of Carbon Fiber Rods in Different Sector, Including Sports, Robotics and Others Is Driving the Demand for Carbon Fiber Rods in the Market
- Increasing Demand from Aircraft Industries
Market Trend
- The Growing Inclination Towards The Use Of Carbon Fiber Rods For Making Sporting Goods And Replacing Wood And Metal Material
Restraints
- Carbon Fiber Rods Are Costlier Compare To The Other Rods
Opportunities
- Increasing Construction and Infrastructure Activity in the Emerging Economies Has Created the Growth Opportunities for the Carbon Fiber Rods
Challenges
- Carbon Fiber Is Non-Recyclable
Key Target Audience
Carbon Fiber Rods Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry