Table of Contents
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classification
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2014 to 2025
3.1: Macroeconomic Trends and Forecast
3.2: Carbon Fiber in the Aerospace and Defense Market Trends and Forecast
3.3: Carbon Fiber in the Aerospace and Defense Market by Aircraft Type
3.3.1: Commercial Aerospace
3.3.2: Regional Jets
3.3.3: General Aviation
3.3.4: Helicopters
3.3.5: Military Aircraft
3.3.6: UAVs
3.4: Carbon Fiber in the Aerospace and Defense Market by Component
3.4.1: Primary
3.4.2: Interior
3.4.3: Engine
3.4.4: Others
3.5: Carbon Fiber in the Aerospace and Defense Market by Precursor Type
3.5.1: Pan Type
3.5.2: Pitch Type
3.6: Carbon Fiber in the Aerospace and Defense Market by TOW Size
3.6.1: Small Tow (<24k)
3.6.2: Large Tow (>24k)
3.7: Carbon Fiber in the Aerospace and Defense Market by Modulus
3.7.1: Standard
3.7.2: Intermediate
3.7.3: High
4. Market Trends and Forecast Analysis by Region
4.1: Carbon Fiber in the Aerospace and Defense Market by Region
4.2: North American Carbon Fiber in the Aerospace and Defense Market
4.3: European Carbon Fiber in Aerospace and Defense market
4.4: ROW (Including APAC) Carbon Fiber in the Aerospace and Defense Market
5. Competitor Analysis
5.1: Market Share Analysis
5.2: Operational Integration
5.3: Geographical Reach
5.4: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Aircraft Type
6.1.2: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Component
6.1.3: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Precursor Type
6.1.4: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Region
6.2: Emerging Trends of Carbon Fiber in the Aerospace and Defense Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Carbon Fiber in the Aerospace and Defense Market
6.3.3: Mergers, Acquisitions, and Joint Ventures of Carbon Fiber in the Aerospace and Defense Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Toray Industries Inc.
7.2: Hexcel Corporation
7.3: Mitsubishi Rayon Corporation Limited
7.4: Cytec Solvay Group
7.5: SGL Carbon Group
7.6: Teijin Limited
List of Figures
Chapter 2. Market Background and Classifications
Figure 2.1: Evolution in Carbon Fiber Applications
Figure 2.2: Different Types of Carbon Fiber
Figure 2.3: Typical Continuous Carbon Fiber
Figure 2.4: Typical Chopped Carbon Fiber
Figure 2.5: Typical Metal-Coated Carbon Fiber
Figure 2.6: Comparison of Tensile Modulus for Different Types of Continuous Carbon Fiber
Figure 2.7: Comparison of Tensile Strength for Different Types of Continuous Carbon Fiber
Figure 2.8: Comparison of Elongation at Break for Different Types of Continuous Carbon Fiber
Figure 2.9: Comparison of Density for Different Types of Continuous Carbon Fiber
Figure 2.10: Comparison of Tensile Modulus for Different Types of Chopped Carbon Fiber
Figure 2.11: Comparison of Tensile Strength for Different Types of Chopped Carbon Fiber
Figure 2.12: Comparison of Density for Various Chopped Carbon Fibers
Figure 2.13: Comparison of Elongation at Break for Different Types of Chopped Carbon Fiber
Figure 2.14: Comparison of Tensile Strength for Different Types of Milled Carbon Fiber
Figure 2.15: Comparison of Filament Diameter for Different Types of Milled Carbon Fibers
Figure 2.16: Comparison of Density for Different Types of Milled Carbon Fiber
Figure 2.17: Comparison of Tensile Modulus for Different Types of Metal-Coated Carbon Fiber
Figure 2.18: Comparison of Tensile Strength for Different Metal-Coated Carbon Fibers
Figure 2.19: Comparison of Elongation at Break for Different Types of Metal-Coated Carbon Fiber
Figure 2.20: Comparison Chart of Tensile Modulus Per Unit Price for Various Carbon Fibers
Figure 2.21: Comparison Chart of Tensile Strength Per Unit Price for Various Carbon Fibers
Figure 2.22: Comparison of Tensile Modulus Per Unit Price for Different Kinds of Fiber
Figure 2.23: Comparison of Tensile Strength Per Unit Price for Different Kinds of Fiber
Figure 2.24: Classification of the Carbon Fiber in Aerospace and Defense Market
Figure 2.25: Carbon Fiber Composite Fuselage
Figure 2.26: Carbon Fiber Wings
Figure 2.27: Carbon Fiber Control Surface
Figure 2.28: Carbon Fiber Composite Door
Figure 2.29: Carbon Fiber Composite Pressure Bulkhead
Figure 2.30: Carbon Fiber Composite Seat
Figure 2.31: Carbon Fiber Composite Window Frames
Figure 2.32: Commercial Aircraft
Figure 2.33: Regional Aircraft
Figure 2.34: General Aviation
Figure 2.35: Commercial Helicopter
Figure 2.36: Fighter Plane
Figure 2.37: Transporter Plane
Figure 2.38: Defense Helicopter
Figure 2.39: Manufacturing Process Schematic for PAN-Based Carbon Fibers
Figure 2.40: Manufacturing Process Schematic for Pitch-Based Carbon Fibers
Figure 2.41: Manufacturing Process Schematic for Rayon-Based Carbon Fibers
Figure 2.42: Supply Chain of the Carbon Fiber in Aerospace and Defense Market
Figure 2.43: Major Drivers and Challenges for Carbon Fiber in the Gloabl Aerospace and Defense Market
Chapter 3. Market Trends and Forecast Analysis from 2014 to 2025
Figure 3.1: Trends of the GDP Growth Rate
Figure 3.2: Trends of the Regional GDP Growth Rate
Figure 3.3: Forecast for the GDP Growth Rate
Figure 3.4: Forecast for the Regional GDP Growth Rate
Figure 3.5: Trends and Forecast for Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Figure 3.6: Trends of Carbon Fiber in the Aerospace and Defense Market ($M) by Aircraft Type (2014-2019)
Figure 3.7: Forecast for Carbon Fiber in the Aerospace and Defense Market ($M) by Aircraft Type (2020-2025)
Figure 3.8: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Aircraft Type (2014-2019)
Figure 3.9: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Aircraft Type (2020-2025)
Figure 3.10: Trends and Forecast for Carbon Fiber in Commercial Aerospace in the Aerospace and Defense Market (2014-2025)
Figure 3.11: Trends and Forecast for Carbon Fiber in Regional Jets in the Aerospace and Defense Market (2014-2025)
Figure 3.12: Trends and Forecast for Carbon fiber in General Aviation in the Aerospace and Defense Market (2014-2025)
Figure 3.13: Trends and Forecast for Carbon fiber in Helicopters in the Aerospace and Defense Market (2014-2025)
Figure 3.14: Trends and Forecast for Carbon fiber in Military Aircraft in the Aerospace and Defense Market (2014-2025)
Figure 3.15: Trends and Forecast for Carbon fiber in UAVs in the Aerospace and Defense Market (2014-2025)
Figure 3.16: Trends of Carbon fiber in the Aerospace and Defense Market ($M) by Component (2014-2019)
Figure 3.17: Forecast for Carbon fiber in the Aerospace and Defense Market ($M) by Component (2020-2025)
Figure 3.18: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Component (2014-2019)
Figure 3.19: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Component (2020-2025)
Figure 3.20: Trends and Forecast for Carbon Fiber Primary Component in the Aerospace and Defense Market (2014-2025)
Figure 3.21: Trends and Forecast for Carbon Fiber Interior Component in the Aerospace and Defense Market (2014-2025)
Figure 3.22: Trends and Forecast for Carbon Fiber Engine Component in the Aerospace and Defense Market (2014-2025)
Figure 3.23: Trends and Forecast for Others Carbon fiber Component in the Aerospace and Defense Market (2014-2025)
Figure 3.24: Trends of Carbon Fiber in the Aerospace and Defense Market ($M) by Precursor Type (2014-2019)
Figure 3.25: Forecast for Carbon Fiber in the Aerospace and Defense Market ($M) by Precursor Type (2020-2025)
Figure 3.26: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Precursor Type (2014-2019)
Figure 3.27: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Precursor Type (2020-2025)
Figure 3.28: Trends and Forecast for PAN Based Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Figure 3.29: Trends and Forecast for Pitch Based Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Figure 3.30: Trends of Carbon fiber in the Aerospace and Defense Market (M lbs) by Tow Size (2014-2019)
Figure 3.31: Forecast for Carbon fiber in the Aerospace and Defense Market (M lbs) by Tow Size (2020-2025)
Figure 3.32: Trends and Forecast for Small Tow Carbon Fiber in the Aerospace and Defense Market (M lbs) (2014-2025)
Figure 3.33: Trends and Forecast for Large Tow Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Figure 3.34: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Modulus (2014-2019)
Figure 3.35: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Modulus (2020-2025)
Figure 3.36: Trends and Forecast for Standard Modulus Carbon fiber in the Aerospace and Defense Market (2014-2025)
Figure 3.37: Trends and Forecast for Glass Intermediate Modulus Carbon fiber in the Aerospace and Defense Market (2014-2025)
Figure 3.38: Trends and Forecast for Glass High Modulus Carbon fiber in the Aerospace and Defense Market (2014-2025)
Chapter 4. Market Trends and Forecast Analysis by Region
Figure 4.1: Trends of Carbon Fiber in the Aerospace and Defense Market ($M) by Region (2014-2019)
Figure 4.2: Forecast for Carbon Fiber in the Aerospace and Defense Market ($M) by Region (2020-2025)
Figure 4.3: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Region (2014-2019)
Figure 4.4: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Region (2020-2025)
Figure 4.5: Trends and Forecast for North American Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Figure 4.6: Trends and Forecast for European Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Figure 4.7: Trends and Forecast for ROW (Including APAC) Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Chapter 5. Competitor Analysis
Figure 5.1: Market Share Analysis of Carbon Fiber in the Aerospace and Defense Market in 2019
Figure 5.2: Market Share Analysis of Top Five Players of Carbon Fiber in the Aerospace and Defense Market in 2019
Figure 5.3: Geographical Footprint of Competitors in Carbon Fiber in the Aerospace and Defense Market
Figure 5.4: Porter’s Five Forces Industry Analysis for Carbon Fiber in the Aerospace and Defense Market
Chapter 6. Growth Opportunities and Strategic Analysis
Figure 6.1: Growth Opportunities for Carbon fiber in the Aerospace and Defense Market by Aircraft Type (2020-2025)
Figure 6.2: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Component (2020-2025)
Figure 6.3: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Precursor Type (2020-2025)
Figure 6.4: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Region (2020-2025)
Figure 6.5: Emerging Trends of Carbon Fiber in the Aerospace and Defense Market
Figure 6.6: Recent Carbon Fiber Innovations Focused on High Tensile Strength
Figure 6.7: Carbon Fiber Innovation Trends Focused on High Tensile Modulus
Figure 6.8: Strategic Initiatives by Major Competitors of Carbon Fiber in the Aerospace and Defense Market (2017-2019)
Figure 6.9: Capacity Building by Major Players during Trend Period
Chapter 7. Company Profiles of Leading Players
Figure 7.1: Major Plant Locations of Toray’s Carbon Fiber Business
Figure 7.2: Major Plant Locations of Hexcel’s Carbon Fiber Business
Figure 7.3: Major Plant Locations of Mitsubishi Rayon Corporation Limited’s Carbon Fiber Business
Figure 7.4: Major Plant Locations of Cytec Solvay’s Carbon Fiber Business
Figure 7.5: Major Plant Locations of SGL Carbon Group’s Carbon Fiber Business
Figure 7.6: Major Plant Locations of Teijin Limited’s Carbon Fiber Business
List of Tables
Chapter 1. Executive Summary
Table 1.1: Carbon fiber in the Aerospace and Defense Market Parameters and Attributes
Chapter 2 . Market Background and Classifications
Table 2.1: Evolution of Carbon Fiber Applications in Different Segments by Year
Table 2.2: Comparison of Applications of Carbon Fiber Material by Suppliers
Table 2.3: Typical Properties for Thornel® Carbon Fibers
Table 2.4: Typical Properties of GrafilTM Carbon Fiber
Table 2.5: Typical Properties of PyrofilTM Carbon Fiber
Table 2.6: Properties of Hexcel Continuous Fiber
Table 2.7: Properties of DialeadTM Standard Grades Carbon Fiber
Table 2.8: Properties of PANOX® Carbon Fiber
Table 2.9: Properties of SIGRAFIL® T Carbon Fiber
Table 2.10: Properties of SIGRAFIL® C Carbon Fiber
Table 2.11: Properties of Tenax® Carbon Fiber
Table 2.12: Properties of Pyromex® Carbon Fiber
Table 2.13: Properties of Tenax® Carbon Fiber
Table 2.14: Properties of Panex® Single and Multi-Ply Yarns
Table 2.15: Properties of Nippon – GranocTM Continuous Fiber
Table 2.16: Properties of Thermalgraph® Fiber
Table 2.17: Uses of Hexcel PAN-based Chopped Carbon Fiber
Table 2.18: Properties of GrafilTM Chopped Fiber
Table 2.19: Properties of PyrofilTM Chopped Fiber
Table 2.20: Properties of DialeadTM Chopped Carbon Fiber
Table 2.21: Properties of Tenax® Chopped Carbon Fiber
Table 2.22: Properties of Tenax® Chopped Carbon Fiber
Table 2.23: Properties of Panex® 35 Chopped Carbon Fiber
Table 2.24: Properties of Nippon – GranocTM Chopped Fiber
Table 2.25: Properties of PANOX® Milled Fiber
Table 2.26: Properties of SIGRAFIL® C Milled Fiber
Table 2.27: Properties of DialeadTM Milled Fiber
Table 2.28: Properties of HTA Nickel-coated Filament Yarn
Table 2.29: Properties of Tenax® Nickel-Coated Filament Yarn
Table 2.30: Typical Properties of Common Structural Materials
Table 2.31: Price and Property Comparison of Carbon Fiber Supplied by Different Companies in 2017
Table 2.32: Price and Property Comparison for Different Kinds of Fiber
Table 2.33: Composite Materials for Military Aircraft Applications
Table 2.34: Carbon Fiber Applications Combined with Other Materials in Various Markets
Chapter 3. Market Trends and Forecast Analysis from 2014 to 2025
Table 3.1: Trends of Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 3.2: Forecast for Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 3.3: Market Size and CAGR of Carbon Fiber in the Aerospace and Defense Market by Aircraft Type ($M) (2014-2019)
Table 3.4: Market Size and CAGR for Carbon Fiber in the Aerospace and Defense Market by Aircraft Type ($M) (2020-2025)
Table 3.5: Market Size and CAGR of Carbon Fiber in the Aerospace and Defense Market by Aircraft Type (M lbs) (2014-2019)
Table 3.6: Market Size and CAGR for Carbon Fiber in the Aerospace and Defense Market by Aircraft Type (M lbs) (2020-2025)
Table 3.7: Trends of Carbon Fiber in Commercial Aerospace in the Aerospace and Defense Market (2014-2019)
Table 3.8: Forecast for Carbon Fiber in Commercial Aerospace in the Aerospace and Defense Market (2020-2025)
Table 3.9: Trends of Carbon Fiber in Regional Jets in the Aerospace and Defense Market (2014-2019)
Table 3.10: Forecast for Carbon Fiber in Regional Jets in the Aerospace and Defense Market (2020-2025)
Table 3.11: Trends of the Carbon fiber in General Aviation in the Aerospace and Defense Market (2014-2019)
Table 3.12: Forecast for the Carbon fiber in General Aviation in the Aerospace and Defense Market (2020-2025)
Table 3.13: Trends of Carbon fiber in Helicopters in the Aerospace and Defense Market (2014-2019)
Table 3.14: Forecast for Carbon fiber in Helicopters in the Aerospace and Defense Market (2020-2025)
Table 3.15: Trends of Carbon fiber in Military Aircraft in the Aerospace and Defense Market (2014-2019)
Table 3.16: Forecast for Carbon fiber in Military Aircraft in the Aerospace and Defense Market (2020-2025)
Table 3.17: Trends of Carbon fiber in UAVs in the Aerospace and Defense Market (2014-2019)
Table 3.18: Forecast for Carbon fiber in UAVs in the Aerospace and Defense Market (2020-2025)
Table 3.19: Market Size and CAGR of Carbon fiber in the Aerospace and Defense Market ($M) by Component (2014-2019)
Table 3.20: Market Size and CAGR for Carbon fiber in the Aerospace and Defense Market ($M) by Component (2020-2025)
Table 3.21: Market Size and CAGR of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Component (2014-2019)
Table 3.22: Market Size and CAGR for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Component (2020-2025)
Table 3.23: Trends of Carbon Fiber Primary Component in the Aerospace and Defense Market (2014-2019)
Table 3.24: Forecast for Carbon Fiber Primary Component in the Aerospace and Defense Market (2020-2025)
Table 3.25: Trends of Carbon Fiber Interior Component in the Aerospace and Defense Market (2014-2019)
Table 3.26: Forecast for Carbon Fiber Interior Component in the Aerospace and Defense Market (2020-2025)
Table 3.27: Trends of Carbon Fiber Engine Component in the Aerospace and Defense Market (2014-2019)
Table 3.28: Forecast for Carbon Fiber Engine Component in the Aerospace and Defense Market (2020-2025)
Table 3.29: Trends of Others Carbon fiber Component in the Aerospace and Defense Market (2014-2019)
Table 3.30: Forecast for Others Carbon fiber Component in the Aerospace and Defense Market (2020-2025)
Table 3.31: Trends of Carbon Fiber in the Aerospace and Defense Market by Precursor Type ($M) (2014-2019)
Table 3.32: Forecast for Carbon Fiber in the Aerospace and Defense Market by Precursor Type ($M) (2020-2025)
Table 3.33: Trends of Carbon Fiber in the Aerospace and Defense Market by Precursor Type (M lbs) (2014-2019)
Table 3.34: Forecast for Carbon Fiber in the Aerospace and Defense Market by Precursor Type (M lbs) (2020-2025)
Table 3.35: Trends of PAN Based Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 3.36: Forecast for PAN Based Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 3.37: Trends of Pitch Based Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 3.38: Forecast for Pitch Based Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 3.39: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Tow Size (2014-2019)
Table 3.40: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Tow Size (2020-2025)
Table 3.41: Trends of Small Tow Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 3.42: Forecast for Small Tow Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 3.43: Trends of Large Tow Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 3.44: Forecast for Large Tow Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 3.45: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Modulus (2014-2019)
Table 3.46: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Modulus (2020-2025)
Table 3.47: Trends of Standard Modulus Carbon fiber in the Aerospace and Defense Market (2014-2019)
Table 3.48: Forecast for Standard Modulus Carbon fiber in the Aerospace and Defense Market (2020-2025)
Table 3.49: Trends of Intermediate Modulus Carbon fiber in the Aerospace and Defense Market (2014-2019)
Table 3.50: Forecast for Intermediate Modulus Carbon fiber in the Aerospace and Defense Market (2020-2025)
Table 3.51: Trends of High Modulus Carbon fiber in the Aerospace and Defense Market (2014-2019)
Table 3.52: Forecast for High Modulus Carbon fiber in the Aerospace and Defense Market (2020-2025)
Chapter 4. Market Trends and Forecast Analysis by Region
Table 4.1: Trends of Carbon Fiber in the Aerospace and Defense Market ($M) by Region (2014-2019)
Table 4.2: Forecast for Carbon Fiber in the Aerospace and Defense Market ($M) by Region (2020-2025)
Table 4.3: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Region (2014-2019)
Table 4.4: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Region (2020-2025)
Table 4.5: Trends of North American Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 4.6: Forecast for North American Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 4.7: Trends of European Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 4.8: Forecast for European Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 4.9: Trends of ROW (Including APAC) Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 4.10: Forecast for ROW (Including APAC) Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Chapter 5. Competitor Analysis
Table 5.1: Product Mapping of Carbon Fiber Suppliers Based on Markets Served
Table 5.2: Industry-wide Carbon Fiber Product Map Based on Tow Size
Table 5.3: Industry-wide Carbon Fiber Product Map Based on Modulus
Table 5.4: Rankings of Suppliers Based on Carbon Fiber in the Aerospace and Defense Market Revenue
Table 5.5: Operational Integration of Carbon Fiber Suppliers
Chapter 6. Growth Opportunities and Strategic Analysis
Table 6.1: Average Tensile Strength and Innovation Trend of Carbon Fiber
Table 6.2: Recent Carbon Fiber Innovations Focused on High Tensile Strength by Different Company
Table 6.3: Average Tensile Modulus and Innovation Trend of Carbon Fiber
Table 6.4: Recent Carbon Fiber Innovations Focused on High Tensile Modulus by Different Company
Table 6.5: New Product Launches by Major Carbon Fiber Producers (2014-2019) (Source: Lucintel)
Table 6.6: Certification and Licenses Acquired by Major Competitors of Carbon Fiber in the Aerospace and Defense Market
Table of Contents
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classification
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2014 to 2025
3.1: Macroeconomic Trends and Forecast
3.2: Carbon Fiber in the Aerospace and Defense Market Trends and Forecast
3.3: Carbon Fiber in the Aerospace and Defense Market by Aircraft Type
3.3.1: Commercial Aerospace
3.3.2: Regional Jets
3.3.3: General Aviation
3.3.4: Helicopters
3.3.5: Military Aircraft
3.3.6: UAVs
3.4: Carbon Fiber in the Aerospace and Defense Market by Component
3.4.1: Primary
3.4.2: Interior
3.4.3: Engine
3.4.4: Others
3.5: Carbon Fiber in the Aerospace and Defense Market by Precursor Type
3.5.1: Pan Type
3.5.2: Pitch Type
3.6: Carbon Fiber in the Aerospace and Defense Market by TOW Size
3.6.1: Small Tow (<24k)
3.6.2: Large Tow (>24k)
3.7: Carbon Fiber in the Aerospace and Defense Market by Modulus
3.7.1: Standard
3.7.2: Intermediate
3.7.3: High
4. Market Trends and Forecast Analysis by Region
4.1: Carbon Fiber in the Aerospace and Defense Market by Region
4.2: North American Carbon Fiber in the Aerospace and Defense Market
4.3: European Carbon Fiber in Aerospace and Defense market
4.4: ROW (Including APAC) Carbon Fiber in the Aerospace and Defense Market
5. Competitor Analysis
5.1: Market Share Analysis
5.2: Operational Integration
5.3: Geographical Reach
5.4: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Aircraft Type
6.1.2: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Component
6.1.3: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Precursor Type
6.1.4: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Region
6.2: Emerging Trends of Carbon Fiber in the Aerospace and Defense Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Carbon Fiber in the Aerospace and Defense Market
6.3.3: Mergers, Acquisitions, and Joint Ventures of Carbon Fiber in the Aerospace and Defense Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Toray Industries Inc.
7.2: Hexcel Corporation
7.3: Mitsubishi Rayon Corporation Limited
7.4: Cytec Solvay Group
7.5: SGL Carbon Group
7.6: Teijin Limited
List of Figures
Chapter 2. Market Background and Classifications
Figure 2.1: Evolution in Carbon Fiber Applications
Figure 2.2: Different Types of Carbon Fiber
Figure 2.3: Typical Continuous Carbon Fiber
Figure 2.4: Typical Chopped Carbon Fiber
Figure 2.5: Typical Metal-Coated Carbon Fiber
Figure 2.6: Comparison of Tensile Modulus for Different Types of Continuous Carbon Fiber
Figure 2.7: Comparison of Tensile Strength for Different Types of Continuous Carbon Fiber
Figure 2.8: Comparison of Elongation at Break for Different Types of Continuous Carbon Fiber
Figure 2.9: Comparison of Density for Different Types of Continuous Carbon Fiber
Figure 2.10: Comparison of Tensile Modulus for Different Types of Chopped Carbon Fiber
Figure 2.11: Comparison of Tensile Strength for Different Types of Chopped Carbon Fiber
Figure 2.12: Comparison of Density for Various Chopped Carbon Fibers
Figure 2.13: Comparison of Elongation at Break for Different Types of Chopped Carbon Fiber
Figure 2.14: Comparison of Tensile Strength for Different Types of Milled Carbon Fiber
Figure 2.15: Comparison of Filament Diameter for Different Types of Milled Carbon Fibers
Figure 2.16: Comparison of Density for Different Types of Milled Carbon Fiber
Figure 2.17: Comparison of Tensile Modulus for Different Types of Metal-Coated Carbon Fiber
Figure 2.18: Comparison of Tensile Strength for Different Metal-Coated Carbon Fibers
Figure 2.19: Comparison of Elongation at Break for Different Types of Metal-Coated Carbon Fiber
Figure 2.20: Comparison Chart of Tensile Modulus Per Unit Price for Various Carbon Fibers
Figure 2.21: Comparison Chart of Tensile Strength Per Unit Price for Various Carbon Fibers
Figure 2.22: Comparison of Tensile Modulus Per Unit Price for Different Kinds of Fiber
Figure 2.23: Comparison of Tensile Strength Per Unit Price for Different Kinds of Fiber
Figure 2.24: Classification of the Carbon Fiber in Aerospace and Defense Market
Figure 2.25: Carbon Fiber Composite Fuselage
Figure 2.26: Carbon Fiber Wings
Figure 2.27: Carbon Fiber Control Surface
Figure 2.28: Carbon Fiber Composite Door
Figure 2.29: Carbon Fiber Composite Pressure Bulkhead
Figure 2.30: Carbon Fiber Composite Seat
Figure 2.31: Carbon Fiber Composite Window Frames
Figure 2.32: Commercial Aircraft
Figure 2.33: Regional Aircraft
Figure 2.34: General Aviation
Figure 2.35: Commercial Helicopter
Figure 2.36: Fighter Plane
Figure 2.37: Transporter Plane
Figure 2.38: Defense Helicopter
Figure 2.39: Manufacturing Process Schematic for PAN-Based Carbon Fibers
Figure 2.40: Manufacturing Process Schematic for Pitch-Based Carbon Fibers
Figure 2.41: Manufacturing Process Schematic for Rayon-Based Carbon Fibers
Figure 2.42: Supply Chain of the Carbon Fiber in Aerospace and Defense Market
Figure 2.43: Major Drivers and Challenges for Carbon Fiber in the Gloabl Aerospace and Defense Market
Chapter 3. Market Trends and Forecast Analysis from 2014 to 2025
Figure 3.1: Trends of the GDP Growth Rate
Figure 3.2: Trends of the Regional GDP Growth Rate
Figure 3.3: Forecast for the GDP Growth Rate
Figure 3.4: Forecast for the Regional GDP Growth Rate
Figure 3.5: Trends and Forecast for Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Figure 3.6: Trends of Carbon Fiber in the Aerospace and Defense Market ($M) by Aircraft Type (2014-2019)
Figure 3.7: Forecast for Carbon Fiber in the Aerospace and Defense Market ($M) by Aircraft Type (2020-2025)
Figure 3.8: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Aircraft Type (2014-2019)
Figure 3.9: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Aircraft Type (2020-2025)
Figure 3.10: Trends and Forecast for Carbon Fiber in Commercial Aerospace in the Aerospace and Defense Market (2014-2025)
Figure 3.11: Trends and Forecast for Carbon Fiber in Regional Jets in the Aerospace and Defense Market (2014-2025)
Figure 3.12: Trends and Forecast for Carbon fiber in General Aviation in the Aerospace and Defense Market (2014-2025)
Figure 3.13: Trends and Forecast for Carbon fiber in Helicopters in the Aerospace and Defense Market (2014-2025)
Figure 3.14: Trends and Forecast for Carbon fiber in Military Aircraft in the Aerospace and Defense Market (2014-2025)
Figure 3.15: Trends and Forecast for Carbon fiber in UAVs in the Aerospace and Defense Market (2014-2025)
Figure 3.16: Trends of Carbon fiber in the Aerospace and Defense Market ($M) by Component (2014-2019)
Figure 3.17: Forecast for Carbon fiber in the Aerospace and Defense Market ($M) by Component (2020-2025)
Figure 3.18: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Component (2014-2019)
Figure 3.19: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Component (2020-2025)
Figure 3.20: Trends and Forecast for Carbon Fiber Primary Component in the Aerospace and Defense Market (2014-2025)
Figure 3.21: Trends and Forecast for Carbon Fiber Interior Component in the Aerospace and Defense Market (2014-2025)
Figure 3.22: Trends and Forecast for Carbon Fiber Engine Component in the Aerospace and Defense Market (2014-2025)
Figure 3.23: Trends and Forecast for Others Carbon fiber Component in the Aerospace and Defense Market (2014-2025)
Figure 3.24: Trends of Carbon Fiber in the Aerospace and Defense Market ($M) by Precursor Type (2014-2019)
Figure 3.25: Forecast for Carbon Fiber in the Aerospace and Defense Market ($M) by Precursor Type (2020-2025)
Figure 3.26: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Precursor Type (2014-2019)
Figure 3.27: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Precursor Type (2020-2025)
Figure 3.28: Trends and Forecast for PAN Based Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Figure 3.29: Trends and Forecast for Pitch Based Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Figure 3.30: Trends of Carbon fiber in the Aerospace and Defense Market (M lbs) by Tow Size (2014-2019)
Figure 3.31: Forecast for Carbon fiber in the Aerospace and Defense Market (M lbs) by Tow Size (2020-2025)
Figure 3.32: Trends and Forecast for Small Tow Carbon Fiber in the Aerospace and Defense Market (M lbs) (2014-2025)
Figure 3.33: Trends and Forecast for Large Tow Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Figure 3.34: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Modulus (2014-2019)
Figure 3.35: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Modulus (2020-2025)
Figure 3.36: Trends and Forecast for Standard Modulus Carbon fiber in the Aerospace and Defense Market (2014-2025)
Figure 3.37: Trends and Forecast for Glass Intermediate Modulus Carbon fiber in the Aerospace and Defense Market (2014-2025)
Figure 3.38: Trends and Forecast for Glass High Modulus Carbon fiber in the Aerospace and Defense Market (2014-2025)
Chapter 4. Market Trends and Forecast Analysis by Region
Figure 4.1: Trends of Carbon Fiber in the Aerospace and Defense Market ($M) by Region (2014-2019)
Figure 4.2: Forecast for Carbon Fiber in the Aerospace and Defense Market ($M) by Region (2020-2025)
Figure 4.3: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Region (2014-2019)
Figure 4.4: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Region (2020-2025)
Figure 4.5: Trends and Forecast for North American Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Figure 4.6: Trends and Forecast for European Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Figure 4.7: Trends and Forecast for ROW (Including APAC) Carbon Fiber in the Aerospace and Defense Market (2014-2025)
Chapter 5. Competitor Analysis
Figure 5.1: Market Share Analysis of Carbon Fiber in the Aerospace and Defense Market in 2019
Figure 5.2: Market Share Analysis of Top Five Players of Carbon Fiber in the Aerospace and Defense Market in 2019
Figure 5.3: Geographical Footprint of Competitors in Carbon Fiber in the Aerospace and Defense Market
Figure 5.4: Porter’s Five Forces Industry Analysis for Carbon Fiber in the Aerospace and Defense Market
Chapter 6. Growth Opportunities and Strategic Analysis
Figure 6.1: Growth Opportunities for Carbon fiber in the Aerospace and Defense Market by Aircraft Type (2020-2025)
Figure 6.2: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Component (2020-2025)
Figure 6.3: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Precursor Type (2020-2025)
Figure 6.4: Growth Opportunities for Carbon Fiber in the Aerospace and Defense Market by Region (2020-2025)
Figure 6.5: Emerging Trends of Carbon Fiber in the Aerospace and Defense Market
Figure 6.6: Recent Carbon Fiber Innovations Focused on High Tensile Strength
Figure 6.7: Carbon Fiber Innovation Trends Focused on High Tensile Modulus
Figure 6.8: Strategic Initiatives by Major Competitors of Carbon Fiber in the Aerospace and Defense Market (2017-2019)
Figure 6.9: Capacity Building by Major Players during Trend Period
Chapter 7. Company Profiles of Leading Players
Figure 7.1: Major Plant Locations of Toray’s Carbon Fiber Business
Figure 7.2: Major Plant Locations of Hexcel’s Carbon Fiber Business
Figure 7.3: Major Plant Locations of Mitsubishi Rayon Corporation Limited’s Carbon Fiber Business
Figure 7.4: Major Plant Locations of Cytec Solvay’s Carbon Fiber Business
Figure 7.5: Major Plant Locations of SGL Carbon Group’s Carbon Fiber Business
Figure 7.6: Major Plant Locations of Teijin Limited’s Carbon Fiber Business
List of Tables
Chapter 1. Executive Summary
Table 1.1: Carbon fiber in the Aerospace and Defense Market Parameters and Attributes
Chapter 2 . Market Background and Classifications
Table 2.1: Evolution of Carbon Fiber Applications in Different Segments by Year
Table 2.2: Comparison of Applications of Carbon Fiber Material by Suppliers
Table 2.3: Typical Properties for Thornel® Carbon Fibers
Table 2.4: Typical Properties of GrafilTM Carbon Fiber
Table 2.5: Typical Properties of PyrofilTM Carbon Fiber
Table 2.6: Properties of Hexcel Continuous Fiber
Table 2.7: Properties of DialeadTM Standard Grades Carbon Fiber
Table 2.8: Properties of PANOX® Carbon Fiber
Table 2.9: Properties of SIGRAFIL® T Carbon Fiber
Table 2.10: Properties of SIGRAFIL® C Carbon Fiber
Table 2.11: Properties of Tenax® Carbon Fiber
Table 2.12: Properties of Pyromex® Carbon Fiber
Table 2.13: Properties of Tenax® Carbon Fiber
Table 2.14: Properties of Panex® Single and Multi-Ply Yarns
Table 2.15: Properties of Nippon – GranocTM Continuous Fiber
Table 2.16: Properties of Thermalgraph® Fiber
Table 2.17: Uses of Hexcel PAN-based Chopped Carbon Fiber
Table 2.18: Properties of GrafilTM Chopped Fiber
Table 2.19: Properties of PyrofilTM Chopped Fiber
Table 2.20: Properties of DialeadTM Chopped Carbon Fiber
Table 2.21: Properties of Tenax® Chopped Carbon Fiber
Table 2.22: Properties of Tenax® Chopped Carbon Fiber
Table 2.23: Properties of Panex® 35 Chopped Carbon Fiber
Table 2.24: Properties of Nippon – GranocTM Chopped Fiber
Table 2.25: Properties of PANOX® Milled Fiber
Table 2.26: Properties of SIGRAFIL® C Milled Fiber
Table 2.27: Properties of DialeadTM Milled Fiber
Table 2.28: Properties of HTA Nickel-coated Filament Yarn
Table 2.29: Properties of Tenax® Nickel-Coated Filament Yarn
Table 2.30: Typical Properties of Common Structural Materials
Table 2.31: Price and Property Comparison of Carbon Fiber Supplied by Different Companies in 2017
Table 2.32: Price and Property Comparison for Different Kinds of Fiber
Table 2.33: Composite Materials for Military Aircraft Applications
Table 2.34: Carbon Fiber Applications Combined with Other Materials in Various Markets
Chapter 3. Market Trends and Forecast Analysis from 2014 to 2025
Table 3.1: Trends of Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 3.2: Forecast for Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 3.3: Market Size and CAGR of Carbon Fiber in the Aerospace and Defense Market by Aircraft Type ($M) (2014-2019)
Table 3.4: Market Size and CAGR for Carbon Fiber in the Aerospace and Defense Market by Aircraft Type ($M) (2020-2025)
Table 3.5: Market Size and CAGR of Carbon Fiber in the Aerospace and Defense Market by Aircraft Type (M lbs) (2014-2019)
Table 3.6: Market Size and CAGR for Carbon Fiber in the Aerospace and Defense Market by Aircraft Type (M lbs) (2020-2025)
Table 3.7: Trends of Carbon Fiber in Commercial Aerospace in the Aerospace and Defense Market (2014-2019)
Table 3.8: Forecast for Carbon Fiber in Commercial Aerospace in the Aerospace and Defense Market (2020-2025)
Table 3.9: Trends of Carbon Fiber in Regional Jets in the Aerospace and Defense Market (2014-2019)
Table 3.10: Forecast for Carbon Fiber in Regional Jets in the Aerospace and Defense Market (2020-2025)
Table 3.11: Trends of the Carbon fiber in General Aviation in the Aerospace and Defense Market (2014-2019)
Table 3.12: Forecast for the Carbon fiber in General Aviation in the Aerospace and Defense Market (2020-2025)
Table 3.13: Trends of Carbon fiber in Helicopters in the Aerospace and Defense Market (2014-2019)
Table 3.14: Forecast for Carbon fiber in Helicopters in the Aerospace and Defense Market (2020-2025)
Table 3.15: Trends of Carbon fiber in Military Aircraft in the Aerospace and Defense Market (2014-2019)
Table 3.16: Forecast for Carbon fiber in Military Aircraft in the Aerospace and Defense Market (2020-2025)
Table 3.17: Trends of Carbon fiber in UAVs in the Aerospace and Defense Market (2014-2019)
Table 3.18: Forecast for Carbon fiber in UAVs in the Aerospace and Defense Market (2020-2025)
Table 3.19: Market Size and CAGR of Carbon fiber in the Aerospace and Defense Market ($M) by Component (2014-2019)
Table 3.20: Market Size and CAGR for Carbon fiber in the Aerospace and Defense Market ($M) by Component (2020-2025)
Table 3.21: Market Size and CAGR of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Component (2014-2019)
Table 3.22: Market Size and CAGR for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Component (2020-2025)
Table 3.23: Trends of Carbon Fiber Primary Component in the Aerospace and Defense Market (2014-2019)
Table 3.24: Forecast for Carbon Fiber Primary Component in the Aerospace and Defense Market (2020-2025)
Table 3.25: Trends of Carbon Fiber Interior Component in the Aerospace and Defense Market (2014-2019)
Table 3.26: Forecast for Carbon Fiber Interior Component in the Aerospace and Defense Market (2020-2025)
Table 3.27: Trends of Carbon Fiber Engine Component in the Aerospace and Defense Market (2014-2019)
Table 3.28: Forecast for Carbon Fiber Engine Component in the Aerospace and Defense Market (2020-2025)
Table 3.29: Trends of Others Carbon fiber Component in the Aerospace and Defense Market (2014-2019)
Table 3.30: Forecast for Others Carbon fiber Component in the Aerospace and Defense Market (2020-2025)
Table 3.31: Trends of Carbon Fiber in the Aerospace and Defense Market by Precursor Type ($M) (2014-2019)
Table 3.32: Forecast for Carbon Fiber in the Aerospace and Defense Market by Precursor Type ($M) (2020-2025)
Table 3.33: Trends of Carbon Fiber in the Aerospace and Defense Market by Precursor Type (M lbs) (2014-2019)
Table 3.34: Forecast for Carbon Fiber in the Aerospace and Defense Market by Precursor Type (M lbs) (2020-2025)
Table 3.35: Trends of PAN Based Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 3.36: Forecast for PAN Based Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 3.37: Trends of Pitch Based Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 3.38: Forecast for Pitch Based Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 3.39: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Tow Size (2014-2019)
Table 3.40: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Tow Size (2020-2025)
Table 3.41: Trends of Small Tow Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 3.42: Forecast for Small Tow Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 3.43: Trends of Large Tow Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 3.44: Forecast for Large Tow Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 3.45: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Modulus (2014-2019)
Table 3.46: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Modulus (2020-2025)
Table 3.47: Trends of Standard Modulus Carbon fiber in the Aerospace and Defense Market (2014-2019)
Table 3.48: Forecast for Standard Modulus Carbon fiber in the Aerospace and Defense Market (2020-2025)
Table 3.49: Trends of Intermediate Modulus Carbon fiber in the Aerospace and Defense Market (2014-2019)
Table 3.50: Forecast for Intermediate Modulus Carbon fiber in the Aerospace and Defense Market (2020-2025)
Table 3.51: Trends of High Modulus Carbon fiber in the Aerospace and Defense Market (2014-2019)
Table 3.52: Forecast for High Modulus Carbon fiber in the Aerospace and Defense Market (2020-2025)
Chapter 4. Market Trends and Forecast Analysis by Region
Table 4.1: Trends of Carbon Fiber in the Aerospace and Defense Market ($M) by Region (2014-2019)
Table 4.2: Forecast for Carbon Fiber in the Aerospace and Defense Market ($M) by Region (2020-2025)
Table 4.3: Trends of Carbon Fiber in the Aerospace and Defense Market (M lbs) by Region (2014-2019)
Table 4.4: Forecast for Carbon Fiber in the Aerospace and Defense Market (M lbs) by Region (2020-2025)
Table 4.5: Trends of North American Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 4.6: Forecast for North American Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 4.7: Trends of European Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 4.8: Forecast for European Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Table 4.9: Trends of ROW (Including APAC) Carbon Fiber in the Aerospace and Defense Market (2014-2019)
Table 4.10: Forecast for ROW (Including APAC) Carbon Fiber in the Aerospace and Defense Market (2020-2025)
Chapter 5. Competitor Analysis
Table 5.1: Product Mapping of Carbon Fiber Suppliers Based on Markets Served
Table 5.2: Industry-wide Carbon Fiber Product Map Based on Tow Size
Table 5.3: Industry-wide Carbon Fiber Product Map Based on Modulus
Table 5.4: Rankings of Suppliers Based on Carbon Fiber in the Aerospace and Defense Market Revenue
Table 5.5: Operational Integration of Carbon Fiber Suppliers
Chapter 6. Growth Opportunities and Strategic Analysis
Table 6.1: Average Tensile Strength and Innovation Trend of Carbon Fiber
Table 6.2: Recent Carbon Fiber Innovations Focused on High Tensile Strength by Different Company
Table 6.3: Average Tensile Modulus and Innovation Trend of Carbon Fiber
Table 6.4: Recent Carbon Fiber Innovations Focused on High Tensile Modulus by Different Company
Table 6.5: New Product Launches by Major Carbon Fiber Producers (2014-2019) (Source: Lucintel)
Table 6.6: Certification and Licenses Acquired by Major Competitors of Carbon Fiber in the Aerospace and Defense Market