Product Code: ETC009403 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
South Korea Carbon Fiber market currently, in 2023, has witnessed an HHI of 2120, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
South Korea carbon fiber market is expected to grow at a CAGR of 5.3% during the forecast period 2020-2026. This growth can be attributed to increase in demand for lightweight materials in automotive and aerospace applications, stringent government regulations regarding vehicle emission, and growing industrialization & urbanization leading to an increased need for better infrastructural facilities and energy efficient products. Moreover, increasing investments in R&D activities by key players are anticipated to further stimulate the adoption of advanced composite materials such as carbon fibers across various industries.
The South Korean government has recently announced plans to increase its focus on clean energy sources such as hydrogen fuel cells and electric vehicles (EVs). This will likely provide significant growth opportunities for companies involved in producing lightweight components using carbon fiber technology. Additionally, rising demand from the wind power industry is expected to drive the demand for these composites over the forecast period. Furthermore, governments have framed several policies & initiatives aimed towards reducing emissions from electricity generation with emphasis on renewable energy sources which is projected to boost sales of carbon fibers over the next few years.
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 South Korea Carbon Fiber Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Carbon Fiber Market Revenues & Volume, 2019 & 2026F |
3.3 South Korea Carbon Fiber Market - Industry Life Cycle |
3.4 South Korea Carbon Fiber Market - Porter's Five Forces |
3.5 South Korea Carbon Fiber Market Revenues & Volume Share, By Raw Material Types, 2019 & 2026F |
3.6 South Korea Carbon Fiber Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.7 South Korea Carbon Fiber Market Revenues & Volume Share, By Form Types, 2019 & 2026F |
3.8 South Korea Carbon Fiber Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 South Korea Carbon Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Carbon Fiber Market Trends |
6 South Korea Carbon Fiber Market, By Types |
6.1 South Korea Carbon Fiber Market, By Raw Material Types |
6.1.1 Overview and Analysis |
6.1.2 South Korea Carbon Fiber Market Revenues & Volume, By Raw Material Types, 2016 - 2026F |
6.1.3 South Korea Carbon Fiber Market Revenues & Volume, By PAN?based carbon fiber, 2016 - 2026F |
6.1.4 South Korea Carbon Fiber Market Revenues & Volume, By Pitch?based carbon fiber, 2016 - 2026F |
6.1.5 South Korea Carbon Fiber Market Revenues & Volume, By Rayon?based carbon fiber, 2016 - 2026F |
6.2 South Korea Carbon Fiber Market, By Product Types |
6.2.1 Overview and Analysis |
6.2.2 South Korea Carbon Fiber Market Revenues & Volume, By Continuous carbon fiber, 2016 - 2026F |
6.2.3 South Korea Carbon Fiber Market Revenues & Volume, By Long carbon fiber, 2016 - 2026F |
6.2.4 South Korea Carbon Fiber Market Revenues & Volume, By Short carbon fiber, 2016 - 2026F |
6.3 South Korea Carbon Fiber Market, By Form Types |
6.3.1 Overview and Analysis |
6.3.2 South Korea Carbon Fiber Market Revenues & Volume, By Composite carbon fiber, 2016 - 2026F |
6.3.3 South Korea Carbon Fiber Market Revenues & Volume, By Non-Composite carbon fiber, 2016 - 2026F |
6.4 South Korea Carbon Fiber Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 South Korea Carbon Fiber Market Revenues & Volume, By Automotive, 2016 - 2026F |
6.4.3 South Korea Carbon Fiber Market Revenues & Volume, By Aerospace & Defense, 2016 - 2026F |
6.4.4 South Korea Carbon Fiber Market Revenues & Volume, By Wind Turbines, 2016 - 2026F |
6.4.5 South Korea Carbon Fiber Market Revenues & Volume, By Sports equipment, 2016 - 2026F |
6.4.6 South Korea Carbon Fiber Market Revenues & Volume, By Molding & Compounding, 2016 - 2026F |
6.4.7 South Korea Carbon Fiber Market Revenues & Volume, By Construction, 2016 - 2026F |
6.4.8 South Korea Carbon Fiber Market Revenues & Volume, By Others, 2016 - 2026F |
6.4.9 South Korea Carbon Fiber Market Revenues & Volume, By Others, 2016 - 2026F |
7 South Korea Carbon Fiber Market Import-Export Trade Statistics |
7.1 South Korea Carbon Fiber Market Export to Major Countries |
7.2 South Korea Carbon Fiber Market Imports from Major Countries |
8 South Korea Carbon Fiber Market Key Performance Indicators |
9 South Korea Carbon Fiber Market - Opportunity Assessment |
9.1 South Korea Carbon Fiber Market Opportunity Assessment, By Raw Material Types, 2019 & 2026F |
9.2 South Korea Carbon Fiber Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.3 South Korea Carbon Fiber Market Opportunity Assessment, By Form Types, 2019 & 2026F |
9.4 South Korea Carbon Fiber Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 South Korea Carbon Fiber Market - Competitive Landscape |
10.1 South Korea Carbon Fiber Market Revenue Share, By Companies, 2019 |
10.2 South Korea Carbon Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |