Carbon Fiber Composite Heating Market: Industry Analysis and Forecast (2023-2029)

Carbon Fiber Composite Heating Market size is expected to reach nearly US$ 4444.96 Mn by 2029 with the CAGR of 8.5% during the forecast period. The global Carbon Fiber Composite Heating market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Global Carbon Fiber Composite Heating market report also provides trends by market segments, technology, and investment with a competitive landscape.Carbon Fiber Composite Heating MarketTo know about the Research Methodology :- Request Free Sample Report

Global Carbon Fiber Composite Heating Market Overview

Owning to the benefits of carbon fiber composite heating it market has seen an upsurge in recent years. Carbon fiber composite heating is the elements that are light weighted and strong fiber reinforced, These carbon fiber composite heating elements are a potential alternative to the heating elements that are metal-based such as aluminum because of its beneficial properties like lightweight, ability to conduct in high temperature, and high tensile strength, due to which carbon fiber composite elements are being used in a wide range of applications as heater and in aerospace as de-icing purpose. Carbon fibers are good heat conductors and are perfect insulators. Composites of carbon fiber are 40% larger than aluminum, 70% lighter than steel and 15% lighter than fiberglass composites and are strong due to which many weight critical performing products are manufactured with carbon fiber. When a small amount of flexibility is required carbon fiber composite headings are and is corrosion-resistant and act as thermal expansion.

Dynamics

Increased use of carbon fiber composite heating in various ends user applications such as aerospace, industrial use, commercial use, and in transportations due to its several benefits such as heat conductor, lightweight, strength, excellent damage control, and others are driving the market growth. Additionally, the main advantage of carbon fiber composite heating is that they have low density, high tensile strength, and chemical resistivity. These advantages upon combining with polymer resin matrix material will give outstanding properties of the composite. Other factors such as ease of installation and proper delivery of heat to the desired areas are making carbon fiber composite heating more useful and the rising focus of vendors towards the development of carbon fiber composite through natural and sustainable livestock that will lower the cost are affecting positively on market’s growth. Moreover, as per the article, ''use of recycled carbon as a heating element" which was published in 2012 in the journal of composite materials states that nickel-chromium and alloy-based elements were bulky, typical, and could not provide the required flexibility to the end product but carbon fiber composite heating was flexible and can be shaped as per the need in different forms. Because of which they are regarded best choice for industrial as well as commercial applications and thus, impacting positively on the market growth. However, the only major factor that is the higher cost of carbon fiber composite heating, compared to other alloys based such as steel and aluminum is restraining the market from growing.

Global Carbon Fiber Composite Heating Market Segment Analysis

Based on type, the market is dominated by the carbon fiber composite heating plate segment because of its beneficial properties such as lightweight, maximum reliability. Flexible and free movement, and excellent thermal control. The plate segment accounted for more than 40% of the market share in 2018. Whereas the segment of carbon fiber composite heating tube and wire is also anticipated to grow during the forecast period because of incased usage. Tubes are ideal for both industrial and commercial use due to their lightweight and tubular structure. Carbon fiber composite tube weight 1/3rd of aluminum but still yields greater results and are used in various applications such as aerospace beams and bars, bicycle tubes, arrow shafts, and other due to which tube segment is anticipated to register the fastest growth. Based on application, the market is segmented into aerospace, industrial, commercial, and others. The segment of industrial application dominated the market because of its high usage in transportation, windmills combined with extensive use in the processing industry are fueling the market growth on the segment. Moreover, usage of carbon fiber composite is high in transportation as well they provide heat to the containers for the transport of liquid or semi-solids. Additionally, Because of their lightweight, incredible strength, and smooth finish carbon fiber composite heating elements are ideal for building parts of aircraft allowing them to be more fuel-efficient and aerodynamics plus use for domestic, hospital equipment, and laboratories are fueling the growth of the carbon fiber composite heating market.

Global Carbon Fiber Composite Heating Market Regional Insights:

The European region accounted for the highest growth in the market in terms of revenue and due to the presence of key market players in the region, the Carbon fiber composite element finds its use in applications such as automotive, home appliances, aerospace, and others due to which it is anticipated that carbon composite fiber will generate more revenue for the European market in coming years. The European region has developed an aerospace industry particularly in France that increased the use of carbon fiber composite as insulators and heat conductors for the manufacturing of planes. Moreover, an increase in the sales of vehicles and other transporting trucks impacting positively on the market growth as per the reports of European vehicle market statistics the car registration in Europe reached 15.3 million in 2017 from 11.8 million in 2013. The Asia Pacific and North America registered good growth in the market due to rise in the use of carbon fiber composite heating in industrial and commercial applications combined with investments in research and development by market players and government support for using economical products to generate more revenue and to attract potential buyers of products. An increase in the wind sector and the use of recycled carbon composite impacted positively on the market growth. China accounted for the largest market share in the Asia Pacific and is anticipated to dominate in the future as well. With Japan being the fastest-growing market. Furthermore increased use of login as carbon fiber composite material is proven to be the most opportunistic for the growth of the North American region with the United States leading the market followed by Canada and Mexico. According to a report, the construction sector in the Middle East and Africa, and Latin America is growing with a rate of 5% and 6% annually which are driving increased use of carbon fiber composite heating elements in the region. Besides this surge in the demand for lightweight, heat-resistant carbon fiber composite in the automotive industry that will increase efficiency is fueling market growth in the Middle East and Africa with UAE leading the market of the region. The objective of the report is to present a comprehensive analysis of the Global Carbon Fiber Composite Heating Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Carbon Fiber Composite Heating Market dynamics, structure by analyzing the market segments and project the Global Carbon Fiber Composite Heating Market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Carbon Fiber Composite Heating Market make the report investor’s guide.

Global Carbon Fiber Composite Heating Market Scope: Inquire before buying

Global Carbon Fiber Composite Heating Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 2511.07 Mn.
Forecast Period 2023 to 2029 CAGR: 8.5% Market Size in 2029: US $ 4444.96 Mn.
Segments Covered: by Type Carbon Fiber Composite Heating Tube Carbon Fiber Composite Heating Plate Carbon Fiber Composite Heating Wire Other Carbon Fiber Composite Heating Element
by Application Aerospace Industrial Application Commercial Application Transportation Others

by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Global Carbon Fiber Composite Heating Market Key Players

1. SGL Group 2. Flexel 3. Methode Electronics 4. CFC Carbon 5. Kunshan JianTong 6. IR Technika 7. O-Yate 8. Yukang 9. Hongkang 10.Guoqiang 11.Cheung Hing 12.GME 13.GKN Plc 14.Schunk Group

Frequently Asked Questions:

1. Which region has the largest share in Global Carbon Fiber Composite Heating Market? Ans: European region held the highest share in 2022. 2. What is the growth rate of Global Carbon Fiber Composite Heating Market? Ans: The global market is growing at a CAGR of 8.5% during forecasting period 2023-2029. 3. What is scope of the Global Carbon Fiber Composite Heating Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Carbon Fiber Composite Heating Market size in 2022? Ans: The global market was valued at US$ 2511.07 Mn. In 2022. 5. What is the study period of this Market? Ans: The Global Carbon Fiber Composite Heating Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Carbon Fiber Composite Heating Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Carbon Fiber Composite Heating Products Market 3.4. Geographical Snapshot of the Carbon Fiber Composite Heating Products Market, By Manufacturer share 4. Global Carbon Fiber Composite Heating Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Carbon Fiber Composite Heating Market 5. Supply Side and Demand Side Indicators 6. Global Carbon Fiber Composite Heating Market Analysis and Forecast, 2022-2029 6.1 Carbon Fiber Composite Heating Market Size & Y-o-Y Growth Analysis 7. Global Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 7.1.1. Carbon Fiber Composite Heating Tube 7.1.2. Carbon Fiber Composite Heating Plate 7.1.3. Carbon Fiber Composite Heating Wire 7.1.4. Other Carbon Fiber Composite Heating Element 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Aerospace 7.2.2. Industrial Application 7.2.3. Commercial Application 7.2.4. Transportation 7.2.5. Others 7.3. Market Size (Value) Estimates & Forecast by Region, 2022-2029 7.3.1. North America 7.3.2. South America 7.3.3. Europe 7.3.4. Asia Pacific 7.3.5. Middle East and Africa 8. North America Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 8.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 8.1.1. Carbon Fiber Composite Heating Tube 8.1.2. Carbon Fiber Composite Heating Plate 8.1.3. Carbon Fiber Composite Heating Wire 8.1.4. Other Carbon Fiber Composite Heating Element 8.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 8.2.1. Aerospace 8.2.2. Industrial Application 8.2.3. Commercial Application 8.2.4. Transportation 8.2.5. Others 9. North America Carbon Fiber Composite Heating Market Analysis and Forecasts, By Country 9.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 9.1.1. US 9.1.2. Canada 9.1.3. Mexico 10. U.S.A Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 10.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 10.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 11. Canada Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Mexico Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Europe Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Carbon Fiber Composite Heating Market Analysis and Forecasts, By Country 14.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 14.1.1. U.K 14.1.2. France 14.1.3. Germany 14.1.4. Italy 14.1.5. Spain 14.1.6. Sweden 14.1.7. CIS Countries 14.1.8. Rest of Europe 15. U.K. Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 15.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 15.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 16. France Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. Germany Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Italy Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Spain Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Sweden Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. CIS Countries Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. Rest of Europe Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Asia Pacific Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Carbon Fiber Composite Heating Market Analysis and Forecasts, by Country 24.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 24.1.1. China 24.1.2. India 24.1.3. Japan 24.1.4. South Korea 24.1.5. Australia 24.1.6. ASEAN 24.1.7. Rest of Asia Pacific 25. China Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 25.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 25.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 26. India Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. Japan Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. South Korea Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. Australia Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. ASEAN Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. Rest of Asia Pacific Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Middle East Africa Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Carbon Fiber Composite Heating Market Analysis and Forecasts, by Country 33.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 33.1.1. South Africa 33.1.2. GCC Countries 33.1.3. Egypt 33.1.4. Nigeria 33.1.5. Rest of ME&A 34. South Africa Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 34.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 34.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 35. GCC Countries Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. Egypt Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Nigeria Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Rest of ME&A Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. South America Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Carbon Fiber Composite Heating Market Analysis and Forecasts, by Country 40.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 40.1.1. Brazil 40.1.2. Argentina 40.1.3. Rest of South America 41. Brazil Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 41.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 41.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 42. Argentina Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Rest of South America Carbon Fiber Composite Heating Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type,2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Competitive Landscape 44.1. Geographic Footprint of Major Players in the Global Carbon Fiber Composite Heating Market 44.2. Competition Matrix 44.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 44.2.2. New Product Launches and Product Enhancements 44.2.3. Market Consolidation 44.2.3.1. M&A by Regions, Investment and Verticals 44.2.3.2. M&A, Forward Integration and Backward Integration 44.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 44.3. Company Profile : Key Players 44.3.1. SGL Group 44.3.1.1. Company Overview 44.3.1.2. Financial Overview 44.3.1.3. Geographic Footprint 44.3.1.4. Product Portfolio 44.3.1.5. Business Strategy 44.3.1.6. Recent Developments 45.3.2 Flexel 45.3.3 Methode Electronics 45.3.4 CFC Carbon 45.3.5 Kunshan JianTong 45.3.6 IR Technika 45.3.7 O-Yate 45.3.8 Yukang 45.3.9 Hongkang 45.3.10 Guoqiang 45.3.11 Cheung Hing 45.3.12 GME 45.3.13 GKN Plc 45.3.14 Schunk Group 46 Primary Key Insights

About This Report

Report ID 111788
Category Food & Beverages
Published Date August 2023
Updated Date
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