France Automotive Carbon Fiber Market Size, Share, Trends & Forecast 2020-2026


Posted August 14, 2020 by preeti7144

France automotive carbon fiber market is estimated to grow significantly during the forecast period.
 
France automotive carbon fiber market is estimated to grow significantly during the forecast period. The market is mainly driven by the significant application of the carbon fiber composites in automotive components coupled with the presence of various major automotive companies such as Groupe PSA, Groupe Renault, and Citroën. Moreover, the growing demand for lightweight material in the automotive industry in the country, and owing to better properties, carbon fiber will find a significant application during the forecast period.
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France automotive 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 automotive industry. About 88.0% of the carbon fiber produced, is made from PAN and the remaining 12.0% is made from rayon or petroleum pitch. Based on the fiber type, the market is classified into virgin automotive carbon fiber and recycled automotive carbon fiber. Based on the application, the market is classified into the interior, exterior, structural assembly, and others. The exterior segment is projected to hold a significant share in the market.
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The companies which are contributing to the growth of the France automotive carbon fiber market include Muhr Und Bender KG Teijin Ltd., SGL Carbon SE, Solvay SA, Toray Industries, Inc., Polar Manufacturing Ltd., and others. The market players are considerably contributing to market growth by adopting various strategies to stay competitive in the market.

Market Segmentation
• France Automotive Carbon Fiber Market by Raw Material
• Polyacrylonitrile (PAN)
• Petroleum Pitch & Rayon
• France Automotive Carbon Fiber Market by Fiber Type
• Virgin Carbon Fiber
• Recycled Carbon fiber
• France Automotive Carbon Fiber Market by Application
• Interior
• Exterior
• Structural Assembly
• Others (Powertrain Components)
Company Profiles
• DowAksa Advanced Composites Holdings BV
• Formosa Plastics Corp.excel Corp.
• Muhr Und Bender KG
• Polar Manufacturing Ltd.
• Sigmatex Ltd.
• Solvay SA
• SGL Carbon SE
• Toray Industries, Inc.
• Teijin Ltd.
• UMATEX, ROSATOM State Corp.



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Issued By preeti
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Last Updated August 14, 2020