UK Aerospace Carbon Fiber Market Size, Share, Forecast 2020-2026


Posted August 20, 2020 by rishabh3210

UK Aerospace Carbon Fiber Market Size, Share, Forecast 2020-2026UK Aerospace Carbon Fiber Market Size, Share, Forecast 2020-2026

 
UK aerospace carbon fiber market is estimated to grow significantly at a CAGR of around 8.9% during the forecast period. The market is driven by the growing demand for light weight aircraft in the aviation industry. ELG Carbon Fibre is one of the key companies working in the carbon fiber market in the country. The company trade, process and recycle raw materials including supper alloy and carbon fiber. Due to high demand, the company decided to expand its facility in the UK in March 2018, collaborating with leading automotive and aerospace OEMs that further offers a significant opportunity to the market.

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UK 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.

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Market Segmentation

UK Aerospace Carbon Fiber Market by Raw Material

Polyacrylonitrile (PAN)
Petroleum Pitch & Rayon

UK Aerospace Carbon Fiber Market by Fiber Type

Virgin Carbon Fiber
Recycled Carbon fiber

UK Aerospace Carbon Fiber Market by Application

Commercial Aviation
Military Aviation
Rotorcrafts

Company Profiles

ELG Carbon Fibre Ltd.
Hexcel Corp.
Muhr Und Bender KG
Polar Manufacturing Ltd.
Solvay SA
SGL Carbon SE
Sigmatex Ltd.
Toray Industries, Inc.
Teijin Ltd.

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Tags uk aerospace carbon fiber market size , share , forecast 20202026
Last Updated August 20, 2020