Carbon Fiber Composite Heating Elements Market Report, By Product Type (Carbon Fiber Composite Heating Tube, Carbon Fiber Composite Heating Plate, Carbon Fiber Composite Heating Wire, and Others), by Application (Aerospace, Industrial, Commercial, and Oth

Carbon Fiber Composite Heating Elements Market Report, By Product Type (Carbon Fiber Composite Heating Tube, Carbon Fiber Composite Heating Plate, Carbon Fiber Composite Heating Wire, and Others), by Application (Aerospace, Industrial, Commercial, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Carbon fiber heating elements are lightweight fibers and delivers excellent characteristics such as high tensile strength and high temperature toleance in comparison with conventional structure metals such as aluminum and steel. Thus, high demand for carbon fiber composites for manufacturing heating tubes and other elements is expected to increase demand for carbon composite heating elements over the forecast period. Rising applications of these elements in transportation, home appliances, aerospace, and other industries is expected to drive the market growth over the forecast period.
Key players operating in the market are focused on expansion strategy, in order to enhance its production capacity. For instance, in 2016, Solvay doubled its production capacity of carbon fiber at its South Carolina based plant. The production expansion strategy was implemented to make carbon fiber reinforced composite materials for application in the aerospace industry. The carbon fiber-reinforced composite material is used to manufacture aeroplane wing movable flaps and engine nacelles.
Market Dynamics
Based on product type, global carbon fiber composite heating elements market is segregated into carbon fiber composite heating tube, carbon fiber composite heating plate, carbon fiber composite heating wire, and others. In 2021, carbon fiber composite heating plates segment held the largest revenue share in the global market and contributed for over 43.0% in terms of revenue. Carbon fiber composites and other carbon-based materials are being developed, in order to replace conventional heat conducting materials.
Heating plates are a crystal structure of graphite and can be segregated into two categories such as soft plates and hard plates. These plates find applications in heat treating and furnace fixtures, windmill blades, automotive & tooling, and aerospace de-icing applications. Moreover, heat resistance property allows heating plates to be specifically customized according to requirements of end user, which is one of the major drivers fueling growth of the carbon fiber composites heating plate segment, globally.
Among regions, in 2021, Europe held dominant position in global carbon fiber composite heating elements market and contributed revenue share of over 29.0%. The regional growth is driven by high presence of industrial manufacturers such as Rolls Royce, Siemens AG, Airbus SE, and others in the Europe market.
Key features of the study:
This report provides in-depth analysis of global carbon fiber composite heating elements market and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global carbon fiber composite heating elements market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include, SGL Group, Solvay, Methode Electronics, Lianyungang O-Yate Lighting Electrical Co. Ltd., Tokai Carbon, GKN Plc, Schunk Group, CFC Carbon Co., Ltd, and Flexel
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global carbon fiber composite heating elements market report caters to various stakeholders in this industry including investors, suppliers, Carbon Fiber Composite Heating Elements manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global carbon fiber composite heating elements market
Detailed Segmentation:
Global Carbon Fiber Composite Heating Elements Market, By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
Global Carbon Fiber Composite Heating Elements Market, By Application:
Aerospace
Industrial
Commercial
Others
Global Carbon Fiber Composite Heating Elements Market, By Region:
North America
U.S.
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Canada
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Latin America
Brazil
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Argentina
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Mexico
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Rest of Latin America
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Europe
U.K.
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Germany
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
France
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Italy
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Spain
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Czech Republic
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Switzerland
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Denmark
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Poland
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Rest of Europe
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Asia Pacific
China
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
India
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Japan
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
ASEAN
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
South Korea
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Australia
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Rest of Asia pacific
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Middle East & Africa
Middle East
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Africa
By Product Type:
Carbon Fiber Composite Heating Tube
Carbon Fiber Composite Heating Plate
Carbon Fiber Composite Heating Wire
Others
By Application:
Aerospace
Industrial
Commercial
Others
Company Profiles
SGL Group*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Solvay
Methode Electronics
Lianyungang O-Yate Lighting Electrical Co. Ltd.
Tokai Carbon
GKN Plc
Schunk Group
CFC Carbon Co., Ltd
Flexel
“*” marked represents similar segmentation in other categories in the respective section.