Carbon fiber is a lightweight and strong material composed of carbon atoms bonded together in a crystal structure. Large tow carbon fiber is created by bundling thousands of individual filaments together, resulting in a high strength-to-weight ratio. It finds applications in various industries, including aerospace, automotive, sports equipment, and medical devices. In 2021, the energy industry had the largest share of the large tow carbon fiber market, with a global market value of 368.6 million U.S. dollars. The segment is expected to grow to 1.34 billion U.S. dollars by 2031.
Large tow carbon fiber market value worldwide in 2021 with a forecast to 2031, by application
(in million U.S. dollars)
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BIS Research. (August 8, 2023). Large tow carbon fiber market value worldwide in 2021 with a forecast to 2031, by application (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1412555/global-large-tow-carbon-fiber-market-by-application/
BIS Research. "Large tow carbon fiber market value worldwide in 2021 with a forecast to 2031, by application (in million U.S. dollars)." Chart. August 8, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1412555/global-large-tow-carbon-fiber-market-by-application/
BIS Research. (2023). Large tow carbon fiber market value worldwide in 2021 with a forecast to 2031, by application (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1412555/global-large-tow-carbon-fiber-market-by-application/
BIS Research. "Large Tow Carbon Fiber Market Value Worldwide in 2021 with a Forecast to 2031, by Application (in Million U.S. Dollars)." Statista, Statista Inc., 8 Aug 2023, https://www.statista.com/statistics/1412555/global-large-tow-carbon-fiber-market-by-application/
BIS Research, Large tow carbon fiber market value worldwide in 2021 with a forecast to 2031, by application (in million U.S. dollars) Statista, https://www.statista.com/statistics/1412555/global-large-tow-carbon-fiber-market-by-application/ (last visited November 21, 2024)
Large tow carbon fiber market value worldwide in 2021 with a forecast to 2031, by application (in million U.S. dollars) [Graph], BIS Research, August 8, 2023. [Online]. Available: https://www.statista.com/statistics/1412555/global-large-tow-carbon-fiber-market-by-application/
