The market is expected to increase at CAGR of 13.43% during the forecast period 2022-2031
BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled Large Tow Carbon Fiber Market – A Global and Regional Analysis.
According to this study, the global large tow carbon fiber market was valued at $570.5 million in 2021 and is projected to reach $1.9 billion by 2031.
The following factors are responsible for the increase in demand for large tow carbon fiber:
The detailed study is a compilation of 146 market data tables and 89 figures spread through 165 pages.
Check out the detailed table of content here:
https://bisresearch.com/requestsample?id=1451&type=toc
Analyst’s Take on the Market Projection
According to Pooja Tanna, Lead Analyst, BIS Research, “Increasing awareness about the environment protection and carbon footprints is driving the development of advanced material for the transition of energy-intensive and carbon-intensive industries toward a more sustainable path. Although carbon fiber is a good option and caters to various end-use applications, the adoption of this advanced material is limited to premier applications in end-use industries, including aerospace and automotive, amongst others. Large tow carbon fibers are expected to be the best option for industrial application as it fits the required standards for end-use industries, including energy and automotive. Furthermore, its low cost is projected to boost the adoption of large tow carbon fiber in various end-use industries.”
Request a FREE sample of this report here:
https://bisresearch.com/requestsample?id=1451&type=download
Major Existing Industry Leaders in the Large Tow Carbon Fiber Market
The companies that are profiled have been selected based on input gathered from primary experts and analyzing company coverage, product portfolio, and market penetration. Some of the established names in the market are:
Recent Developments in the Global Large Tow Carbon Fiber Market
Want to learn more about the latest trends in advanced materials? Speak to our analysts
About BIS Research:
BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends which can disrupt the market dynamics in the near future. We publish more than 200 market intelligence studies annually that focus on several deep technology verticals.
Our strategic market analysis emphasizes on market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.
BIS Research offers syndicate as well as custom studies and expert consultations to firms, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes.
Contact:
Head of Marketing
Email: media@bisresearch.com
BIS Research Inc.
39111 PASEO PADRE PKWY STE 313,
FREMONT CA 94538-1686
Visit our Blog @ https://bisresearch.com/news
Get Expert Insights @ https://community.insightmonk.com
Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research
Connect with us on Twitter@ https://twitter.com/BISResearch
media@bisresearch.com
Tags:
Reportedtimes, iCN Internal Distribution, Extended Distribution, Research Newswire, English