Global Carbon Carbon Composites Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Carbon Carbon Composites Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Carbon Carbon composites are composite materials composed of carbon fibers and matrix phases (such as coke, sintered carbon and graphite) and have the characteristics of low density, high mechanical strength, high thermostability, high electrical conductivity, high thermal conductivity, low CTE, excellent fracture toughness and high friction/wear resistance. It can be used in defense, aerospace, automotive and other fields.

Market Overview:

The latest research study on the global Carbon Carbon Composites market finds that the global Carbon Carbon Composites market reached a value of USD 15271.0 million in 2022. It’s expected that the market will achieve USD 27950.0 million by 2028, exhibiting a CAGR of 10.6% during the forecast period.

Market Drivers and Impact

The United States is one of the most powerful countries in the world today. It attaches great importance to the development of the aerospace field. Whether it is from aerospace legislation or policy support, it vigorously supports aerospace development. The development of the aerospace field in the United States is a typical example of military-civilian integration. Through public-private cooperation, NASA has invested capital and technology in space companies to foster the rapid rise of commercial lunar exploration forces. At the same time, space companies have also provided effective support for government-led lunar exploration activities. On the one hand, the development of military-civilian integration has eased the pressure on the US defense economy, and on the other hand, it has also promoted the progress of aerospace technology and the development of the national economy. SpaceX recovered the Falcon 9 first-stage rocket at sea in 2016, which basically achieved the non-destructive recovery of the first-stage rocket and became a major event in commercial aerospace. This is also thanks to the strong support of NASA. Since SpaceX entered the commercial launch market, it has continuously won large orders from the country. According to the official statistics of the Federal Aviation Administration (FAA), from 2013 to 2018, SpaceX has been in the global market. 's commercial launch share jumped from 13% to 65%. Therefore, the strong strength of the United States in the aerospace sector has made the country a key area for the Carbon Carbon Composites market.

In addition, the U.S. market is also one of the key markets in the photovoltaic field, and the delay in the U.S. ITC (tax relief) policy will also begin to reflect the demand for the photovoltaic industry. Growth in US PV demand will benefit the development of the Carbon Carbon Composites industry in the US market.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

KBC is one of the major players operating in the Carbon Carbon Composites market, holding a share of 9.89% in 2022.The company is mainly engaged in the research and development, production and sales of advanced carbon matrix composite materials and products, currently focusing on carbon/carbon composite materials and products, mainly used in the photovoltaic industry crystal silicon manufacturing thermal field system.

SGL Carbon

Mainly based on graphite and carbon composite materials. Downstream applications include the automotive, aerospace, solar and wind industries, as well as manufacturers of semiconductors, leds and lithium-ion batteries.

Segmentation Overview:

Among different product types, Chemical Vapor Deposition segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Aerospace Items segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Carbon Carbon Composites market covered in Chapter 3:

Boyun
Hexcel
Spirit
Tokai Carbon
Carbon Composites
SGL Carbon
Toyo Tanso
Chaoma
Nippon Carbon
KBC
MERSEN BENELUX
Schunk
Luhang Carbon

In Chapter 4 and Chapter 14.2, on the basis of types, the Carbon Carbon Composites market from 2018 to 2029 is primarily split into:

Chemical Vapor Deposition
Liquid Impregnation Process
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Carbon Carbon Composites market from 2018 to 2029 covers:

CZ and DSS Furnaces
C/C Grid Shelving Systems
Glass Handling Industry
Aerospace Items
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)