North American aerospace carbon fiber market is estimated to grow significantly during the forecast period. The major driving factors for this market include the increasing demand for lightweight materials in the aviation industry and the capability of carbon fiber components for performing better at high temperatures. The Boeing Co., Airbus, American Airlines Group Inc., and United Airlines, Inc., are some of the major players operating in the North American aviation industry that contribute significantly to the aerospace carbon fiber market in the region.

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The North American aerospace carbon fiber market is segmented on the basis of raw material, fiber type, and application. On the basis of raw material, the market is sub-segmented into PAN and petroleum pitch & rayon. PAN is the predominant precursor for carbon fiber due to superior strength and stability, and higher carbon yield. PAN-based carbon fiber is widely used in the aerospace industry. Based on the fiber type, the market is classified into virgin aerospace carbon fiber and recycled aerospace carbon fiber. Based on the application, the market is classified into commercial aviation, military aviation, and rotorcrafts. Based on geography, the North American aerospace carbon fiber market is further segregated into the US and Canada. Among these, the US is projected to have a considerable share in the North American aerospace carbon fiber market.

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Market Segmentation

North American Aerospace Carbon Fiber Market by Raw Material

Polyacrylonitrile (PAN)
Petroleum Pitch & Rayon

North American Aerospace Carbon Fiber Market by Fiber Type

Virgin Carbon Fiber
Recycled Carbon fiber

North American Aerospace Carbon Fiber Market by Application

Commercial Aviation
Military Aviation
Rotorcrafts

Regional Analysis

United States
Canada

Company Profiles

BGF Industries, Inc.
ELG Carbon Fiber Ltd.
Hexcel Corp.
Mitsubishi Chemical Holdings Corp.
Nippon Carbon Co. Ltd.
RTP Co.
Solvay SA
SGL Carbon SE
Toray Industries, Inc.
Teijin Ltd.

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