Market Forecast by Raw Material Type (PAN-based carbon fiber, rayon-based carbon fiber and pitch-based carbon fiber), by Applications (aerospace & defense, construction, automotive, wind turbines, sports equipment, moulding & compounding and others), by Product Type (continuous carbon fiber, long carbon fiber and short carbon fiber), By Form Type (composite carbon fiber and non-composite carbon fiber), By Countries (Kenya, Nigeria, Ghana, South Africa and rest of Africa) and Competitive Landscape
Product Code: ETC054455 | Publication Date: Apr 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Africa carbon fiber market is estimated to grow nominal during the forecast period. The key aspects driving the market are the increasing demand for fuel-efficient and lightweight vehicles, accelerating usage in the aerospace and defense sector, and increasing usage in renewable energy. The drivers that facilitate the demand for the carbon fiber market are as follows like the demand from the automotive sector, the wind turbine industries and the pressure vessels industries. The Covid-19 has significantly affected the trade on various nations under the African region since; they are unable to import both composite and non-composite carbon fibers.
According to 6Wresearch, Africa Carbon Fiber Market size is projected to witness nominal growth during 2020-26. Currently, South Africa accounts for the largest producing country in the Africa region. The countries that will dominate in the future carbon fiber are Tanzania, Morocco and Ethiopia. Due to the huge investments in the renewable energy and automotive sector in the Africa region these countries are going to witness a good amount of profits in the coming years.
The market segmentation is categorised into raw material, product type, form type and applications. Based on raw material, the market is sub-segmented into PAN, pitch & rayon. Based on the raw material type, the PAN-based and RAYON based is to witness subsequent growth during the coming time. The key segment is non-composite carbon fiber. The market value is ascribed to the increased production by the major aerospace and defense manufacturers.
The key market players in the Africa region are Formtech Composites, Hexcel Corporation, HITCO Carbon composites Inc., Kemrock Industries and Exports Limited, Mitsubishi Rayon Carbon Fiber & Composites.
The Africa Carbon Fiber report thoroughly covers the market by product type, form type, raw material, application and countries including South Africa, Kenya, Nigeria, Ghana and the rest of Africa. Africa Carbon Fiber outlook report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Africa Carbon Fiber Market Overview |
3.1. Africa Country Macro Economic Indicators |
3.2. Africa Carbon Fiber Market Revenue, 2019 & 2026F |
3.3. Africa Carbon Fiber Market - Industry Life Cycle |
3.4. Africa Carbon Fiber Market - Porter's Five Forces |
3.5. Africa Carbon Fiber Market Revenue Share, By Raw Material Type, 2019 & 2026F |
3.6. Africa Carbon Fiber Market Revenue Share, By Application, 2019 & 2026F |
3.6. Africa Carbon Fiber Market Revenue Share, By Product Type, 2019 & 2026F |
3.6. Africa Carbon Fiber Market Revenue Share, By Form Type, 2019 & 2026F |
3.6. Africa Carbon Fiber Market Revenue Share, By Regions, 2019 & 2026F |
4. Africa Carbon Fiber Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Africa Carbon Fiber Market Trends |
6. Africa Carbon Fiber Market, By Raw Material Type |
6.1. Africa Carbon Fiber Market, By Raw Material Type |
6.1.1. Overview and Analysis |
6.1.2. Africa Carbon Fiber Market Revenue, By PAN-Based Carbon Fiber, 2016 - 2026F |
6.1.3. Africa Carbon Fiber Market Revenue, By Rayon-Based Carbon Fiber, 2016 - 2026F |
6.1.4. Africa Carbon Fiber Market Revenue, By Pitch Based Carbon Fiber, 2016 - 2026F |
7. Africa Carbon Fiber Market, By Application |
7.1. Africa Carbon Fiber Market, By Application |
7.1.1. Overview and Analysis |
7.1.2. Africa Carbon Fiber Market Revenue, By Automotive, 2016 - 2026F |
7.1.3. Africa Carbon Fiber Market Revenue, By Aerospace and Defense, 2016 - 2026F |
7.1.4. Africa Carbon Fiber Market Revenue, By Wind Turbines, 2016 - 2026F |
7.1.5. Africa Carbon Fiber Market Revenue, By Sports Equipment, 2016 - 2026F |
7.1.6. Africa Carbon Fiber Market Revenue, By Moulding and Compounding, 2016 - 2026F |
7.1.7. Africa Carbon Fiber Market Revenue, By Construction, 2016 - 2026F |
7.1.8. Africa Carbon Fiber Market Revenue, By Others, 2016 - 2026F |
8. Africa Carbon Fiber Market, By Form Type |
8.1. Africa Carbon Fiber Market, By Form Type |
8.1.1. Overview and Analysis |
8.1.2. Africa Carbon Fiber Market Revenue, By Composite Carbon Fiber, 2016 - 2026F |
8.1.3. Africa Carbon Fiber Market Revenue, By Non-Composite Carbon Fiber, 2016 - 2026F |
9. Africa Carbon Fiber Market, By Product Type |
9.1. Africa Carbon Fiber Market, By Product Type |
9.1.1. Overview and Analysis |
9.1.2. Africa Carbon Fiber Market Revenue, By Long Carbon Fiber, 2016 - 2026F |
9.1.3. Africa Carbon Fiber Market Revenue, By Short Carbon Fiber, 2016 - 2026F |
9.1.4. Africa Carbon Fiber Market Revenue, By Continous Carbon Fiber, 2016 - 2026F |
10. South Africa Carbon Fiber Market |
10.1. South Africa Carbon Fiber Market, By Raw Material Type |
10.2. South Africa Carbon Fiber Market, By Application |
10.3. South Africa Carbon Fiber Market, By Form Type |
10.4. South Africa Carbon Fiber Market, By Product Type |
10.5. South Africa Carbon Fiber Market, By Regions |
11. Kenya Carbon Fiber Market |
11.1. Kenya Carbon Fiber Market, By Raw Material Type |
11.2. Kenya Carbon Fiber Market, By Application |
11.3. Kenya Carbon Fiber Market, By Form Type |
11.4. Kenya Carbon Fiber Market, By Product Type |
11.5. Kenya Carbon Fiber Market, By Regions |
12. Nigeria Carbon Fiber Market |
12.1. Nigeria Carbon Fiber Market, By Raw Material Type |
12.2. Nigeria Carbon Fiber Market, By Application |
12.3. Nigeria Carbon Fiber Market, By Form Type |
12.4. Nigeria Carbon Fiber Market, By Product Type |
12.5. Nigeria Carbon Fiber Market, By Regions |
13. Ghana Carbon Fiber Market |
13.1. Ghana Carbon Fiber Market, By Raw Material Type |
13.2. Ghana Carbon Fiber Market, By Application |
13.3. Ghana Carbon Fiber Market, By Form Type |
13.4. Ghana Carbon Fiber Market, By Product Type |
13.5. Ghana Carbon Fiber Market, By Regions |
14. Rest of Africa Carbon Fiber Market |
14.1. Rest of Africa Carbon Fiber Market Overview |
15. Africa Carbon Fiber Market Import-Export Trade Statistics |
15.1. Africa Carbon Fiber Market Export to Major Regions |
15.2. Africa Carbon Fiber Market Imports from Major Regions |
16. Africa Carbon Fiber Market Key Performance Indicators |
17. Africa Carbon Fiber Market - Opportunity Assessment |
17.1. Africa Carbon Fiber Market Opportunity Assessment, By Raw Material Type, 2019 & 2026F |
17.2. Africa Carbon Fiber Market Opportunity Assessment, By Application, 2019 & 2026F |
18. Africa Carbon Fiber Market - Competitive Landscape |
18.1. Africa Carbon Fiber Market Revenue Share, By Companies, 2019 |
18.2. Africa Carbon Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
19. Company Profiles |
20. Recommendations |
21. Disclaimer |