Carbon fiber or graphite fiber is much thinner
than a hair strand but five times stronger than steel and twice as stiff. It is
a very strong fiber but what makes it the favorite of engineers and designers
is not only the strength but its light weightedness. Low weight to high
strength ratio makes it an ideal material in many industries such as aviation,
automotive, military and recreational applications. Aircraft, conventionally
used aluminum, however, due to its heavy weight the fuel consumption was high
for short distances. So the aerospace industry switched to carbon fiber which
reduced fuel consumption and maintenance costs as well. It is widely used in
the aerospace industry for tubing, aircraft wings, propeller blades and for
half of the airframe.
Carbon fiber has longer life as it is
resistant to corrosion and stress, however a huge amount of greenhouse gases
emitted during the production stage. So to face these obstacles the industries
are employing heavy financial resources on research and development. According
to the study,‘Global
Aerospace Carbon Fibers Market Status (2015-2019) and Forecast
(2020-2024) by Region, Product Type & End-Use’, the key companies are
Toray, Mitsubishi Rayon, TOHO TENAX, SGL Group, Hexcel, DuPont, E-Go
Aeroplanes, Cytec Industries, Systron Donner Inertial, Tencate, Comac,
Bombardier, Gulfstream, Embraer, Bell, Finmeccanica, and Russian Helicopters.
Based on end-use, aerospace carbon fiber is
used in Military Aviation, Civil Aviation, General Aviation, and UAV. Due to
the increased production of aircraft by Boeing and Airbus, the civil aviation
market is expected to expand. Thus, the commercial segment is predicted to
dominate the market in the coming years. Single-aisle airplanes are expected to
hold the largest share of commercial aviation during the forecast period.
Carbon and glass fibers reinforced plastics are used commonly in modern
military aviation. UAV aircraft are expected to witness the highest growth by
value during the forecast period.
On the basis of product type, the market is
segmented into Polyacrylonitrile-Based Carbon Fiber and Pitch-Based Carbon
Fiber. A typical sequence used to
produce carbon fibers with polyacrylonitrile involves spinning, stabilizing,
carbonizing, treating the surface and sizing. One of the major concerns is high
production cost due to which carbon fiber still is not used on a very large
scale.
Based on geography, Europe is one the key
market as the aerospace & defense industry in the region is at the
forefront of innovation with the successful launch of the Airbus A320 family
and Eurofighter. North America is expected to remain the largest market and
witness the highest growth over the forecast period. Several of the material
suppliers are based in the Asian region and supply raw materials for part
manufacturers and aircraft OEMs and air passenger traffic in the Asia-Pacific
region is growing at a rapid pace, all these will result in shooting up the
demand for carbon fiber in the aviation industry in the Asia-Pacific region.
With high performance-lightweight composite
material requirements of the aerospace industry being the driving force for
growing market demand, the future of carbon fiber in the coming years looks
attractive.
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