Global Carbon Fiber Market to Be Propelled by Increasing Demand for Polyacrylonitrile (PAN) Based Carbon Fibers
Polyacrylonitrile (PAN) is the widely used form of carbon fiber due to its versatile properties. As the name suggests, carbon fibers are basically derived from carbon. Carbon fibers are used across several industry verticals that are engaged in manufacturing durable and lightweight components. In terms of volume the global carbon fiber market was estimated at 52.6 kilo tons and in terms of revenue it was valued at US$1.94 billion in 2013. This market is expected to grow at a CAGR...
View full press release