Global Carbon Fiber for Hydrogen Storage Cylinders Market Growth 2024-2030

Global Carbon Fiber for Hydrogen Storage Cylinders Market Growth 2024-2030

Carbon fiber is a key raw material for high-pressure hydrogen storage cylinders. According to the type of precursor, carbon fiber can generally be divided into three categories: polyacrylonitrile (PAN) based carbon fiber, pitch based carbon fiber, and rayon based carbon fiber. Among them, PAN based carbon fiber has become the world's highest production and most widely used carbon fiber due to its simple production process, low cost, and excellent mechanical properties, with a market share of over 90%; The market share of asphalt based carbon fiber is around 7%. High strength PAN based carbon fiber is the main raw material used in Type IV high-pressure hydrogen storage cylinders.

The global Carbon Fiber for Hydrogen Storage Cylinders market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Carbon Fiber for Hydrogen Storage Cylinders Industry Forecast” looks at past sales and reviews total world Carbon Fiber for Hydrogen Storage Cylinders sales in 2023, providing a comprehensive analysis by region and market sector of projected Carbon Fiber for Hydrogen Storage Cylinders sales for 2024 through 2030. With Carbon Fiber for Hydrogen Storage Cylinders sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carbon Fiber for Hydrogen Storage Cylinders industry.

This Insight Report provides a comprehensive analysis of the global Carbon Fiber for Hydrogen Storage Cylinders landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Carbon Fiber for Hydrogen Storage Cylinders portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Carbon Fiber for Hydrogen Storage Cylinders market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carbon Fiber for Hydrogen Storage Cylinders and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Carbon Fiber for Hydrogen Storage Cylinders.

United States market for Carbon Fiber for Hydrogen Storage Cylinders is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Carbon Fiber for Hydrogen Storage Cylinders is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Carbon Fiber for Hydrogen Storage Cylinders is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Carbon Fiber for Hydrogen Storage Cylinders players cover Toray, SGL, Mitsubishi Rayon, TOHO and Formosa Plastics Corp, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Carbon Fiber for Hydrogen Storage Cylinders market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Polyacrylonitrile Based Carbon Fiber
Asphalt Based Carbon Fiber
Adhesive Based Carbon Fiber

Segmentation by application
35MPa Hydrogen Storage Cylinders
70MPa Hydrogen Storage Cylinders
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Toray
SGL
Mitsubishi Rayon
TOHO
Formosa Plastics Corp
Hexcel
Cytec (Solvay)
Hyosung
TKI
DowAksa
UMATex
Zhongfu Shenying
Jiangsu Hengshen

Key Questions Addressed in this Report

What is the 10-year outlook for the global Carbon Fiber for Hydrogen Storage Cylinders market?

What factors are driving Carbon Fiber for Hydrogen Storage Cylinders market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Carbon Fiber for Hydrogen Storage Cylinders market opportunities vary by end market size?

How does Carbon Fiber for Hydrogen Storage Cylinders break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.