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Growth Opportunities in the South Africa Carbon Composites Market

Growth Opportunities in the South Africa Carbon Composites Market

  • February 2018
  • 115 pages
  • ID: 5360323
  • Format: PDF
  • By Lucintel

Summary

Table of Contents

Trends, opportunities and forecast to 2023 by end use industry (aerospace/defense, transportation, and others)

The future of the South Africa carbon composites market looks good with opportunities in aerospace/defense, transportation, and other industries. The end product market such as fuselage components, helicopter rotor blade, car & bike wheels, fuel tanks made with carbon composites in South Africa is forecast to grow at a CAGR of 2.7% from 2018 to 2023.

In this South Africa carbon composites market, aerospace/defense, transportation, sporting goods, and marine are the major end use industries.

South Africa Carbon Composites Market TrendsSouth Africa Carbon Composites Material Market Forecast
Growth Opportunities for South Africa Carbon Composites End Product Market

The study includes the market size and forecast for the South Africa carbon composites market through 2023, segmented as follows:

Carbon composites end product Market by End Use Industry [Value ($M)] shipment analysis for 2012 – 2023]:
Aerospace/Defense Transportation Others

Carbon fiber prepreg market by End Use Industry [Volume (Million Pounds) and $M shipment analysis for 2012 – 2023]:
Aerospace/Defense Transportation Others

Carbon fiber fabric market by End Use Industry [Volume (Million Pounds) and $M shipment analysis for 2012 – 2023]:
Aerospace/Defense Transportation Others

Some of the South Africa carbon composites companies profiled in this report include Toray Industries Inc., Gurit, SEARTEX GmbH & Co. KG., TenCate Advanced Composites, Hexcel Corporation, SGL Carbon Group, and Teijin others.

The analyst forecasts that aerospace/defense is expected to remain the largest segment by both value and volume. The aerospace/defense segment is expected to witness the highest growth during the forecast period supported by growing export of composite components in advanced aircraft designs.

Carbon fiber market includes both forms of material which are consumed directly as well as intermediate materials. Prepreg and fabric are the leading forms of carbon fiber intermediate materials. In terms of material, carbon fiber prepreg is expected to remain the largest segment due to its growing application area in aerospace/defense.

In South Africa, small tow carbon fiber holds the major share by volume and is expected to witness the highest growth over the forecast period.

Some of the features of “Growth Opportunities in the South Africa Carbon Composites Market” include:
Market size estimates: South Africa carbon composites market size estimation in terms of value ($M) and volume (Million Pounds) shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by segments.
Segmentation analysis: South Africa carbon composites market size by various applications such as end use industry in terms of value and volume shipment.
Growth opportunities: Analysis on growth opportunities in different applications of carbon composites in the South Africa carbon composites market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of carbon composites in the South Africa carbon composites market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 5 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the South Africa carbon composites market by end use industry (aerospace/defense, transportation, and others)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the South Africa carbon composites market?
Q.4 What are the business risks and threats to the South Africa carbon composites market?
Q.5 Who are the major players in this South Africa carbon composites market? What strategic initiatives are being implemented by key players for business growth?

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