Carbon Fiber Market- Global and China Forecast, Market Share, Size, Growth and Industry Analysis (2010-2017)
Due to its varied applicability in different industry verticals such as automotive, wind energy, aerospace and other industrial applications, market for carbon fibers is on a rise. The factors contributing to its growth are increasing demand for fuel efficient vehicles, emergence of new applications and the rising demand from developing economies. Asia Pacific is leading the market closely followed by North America.
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