Covid-19 Impact on High Modulus Carbon Fiber Market Size, Status and Forecast 2020-2026
Carbon fiber is a long, thin strand of material about 0.0002-0.0004 in (0.005-0.010 mm) in diameter and composed mostly of carbon atoms. The carbon atoms are bonded together in microscopic crystals that are more or less aligned parallel to the long axis of the fiber. The crystal alignment makes the fiber incredibly strong for its size. Several thousand carbon fibers are twisted together to form a yarn, which may be used by itself or woven into a fabric. The yarn or fabric is combined with epoxy and wound or molded into shape to form various composite materials.High modulus carbon fibers can be classified as PAN-based carbon fibers (M, MJ) and pitch based (MP, MK).
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High-mode carbon fiber is a dual-use industrial material with unique properties. It has been widely used in augmentation of advanced composite materials such as aerospace, aviation, sports equipment and high-end civilian products.
In consumption market, the growth rate of global consumption is smoothly increase. North America, Europe and Japan are still the main consumption regions due to the advanced technology and rapid development of economy, while China is estimated to be the most promising region. In 2018, China consumed about 14.47% carbon fiber.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the High Modulus Carbon Fiber 3900 market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyses the impact of Coronavirus COVID-19 on the High Modulus Carbon Fiber 3900 industry.
Based on our recent survey, we have several different scenarios about the High Modulus Carbon Fiber 3900 YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 423.9 million in 2019. The market size of High Modulus Carbon Fiber 3900 will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global High Modulus Carbon Fiber market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global High Modulus Carbon Fiber market in terms of both revenue and volume.
Players, stakeholders, and other participants in the global High Modulus Carbon Fiber market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026.
Sales and Pricing Analyses
Readers are provided with deeper sales analysis and pricing analysis for the global High Modulus Carbon Fiber market. As part of sales analysis, the report offers accurate statistics and figures for sales and revenue by region, by each type segment for the period 2015-2026.
In the pricing analysis section of the report, readers are provided with validated statistics and figures for the price by players and price by region for the period 2015-2020 and price by each type segment for the period 2015-2020.
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global High Modulus Carbon Fiber market, covering important regions, viz, United States, Europe, China, Japan and Korea. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of sales for the period 2015-2026.
Competition Analysis
In the competitive analysis section of the report, leading as well as prominent players of the global High Modulus Carbon Fiber market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global High Modulus Carbon Fiber market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global High Modulus Carbon Fiber market.
The following manufacturers are covered in this report:
- Toray
- Mitsubishi Rayon
- Teijin Carbon
- Hexcel
- Formosa Plastics Corp
- Cytec Solvay
- Weihai Tuozhan Fiber
High Modulus Carbon Fiber Breakdown Data by Type
- High Modulus (HM) Grade
- Ultra High Modulus (UHM) Grade
High Modulus (HM) Grade with the largest market share reached 93%
High Modulus Carbon Fiber Breakdown Data by Application
- Aerospace
- Industrial Materials
- Sports/Leisure
- Others
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Table of content
1 Study Coverage
1.1 High Modulus Carbon Fiber Product Introduction
1.2 Market Segments
1.3 Key High Modulus Carbon Fiber Manufacturers Covered: Ranking by Revenue
1.4 Market by Type
1.4.1 Global High Modulus Carbon Fiber Market Size Growth Rate by Type
1.4.2 High Modulus (HM) Grade
1.4.3 Ultra High Modulus (UHM) Grade
1.5 Market by Application
1.5.1 Global High Modulus Carbon Fiber Market Size Growth Rate by Application
1.5.2 Aerospace
1.5.3 Industrial Materials
1.5.4 Sports/Leisure
1.5.5 Others
1.6 Coronavirus Disease 2019 (Covid-19): High Modulus Carbon Fiber Industry Impact
1.6.1 How the Covid-19 is Affecting the High Modulus Carbon Fiber Industry
1.6.1.1 High Modulus Carbon Fiber Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and High Modulus Carbon Fiber Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for High Modulus Carbon Fiber Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Executive Summary
2.1 Global High Modulus Carbon Fiber Market Size Estimates and Forecasts
2.1.1 Global High Modulus Carbon Fibe
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