| Label | Composite | Non-Composite |
|---|---|---|
| 2019 | 99.93 USD Mn | 5.66 USD Mn |
| 2020 | 100.52 USD Mn | 5.57 USD Mn |
| 2021 | 102.72 USD Mn | 5.57 USD Mn |
| 2022 | 105.46 USD Mn | 5.59 USD Mn |
| 2023 | 108.82 USD Mn | 5.64 USD Mn |
| 2024 | 112.66 USD Mn | 5.71 USD Mn |
| 2025 | 117.71 USD Mn | 5.83 USD Mn |
| 2026 | 123.89 USD Mn | 5.99 USD Mn |
| 2027 | 130.44 USD Mn | 6.16 USD Mn |
| 2028 | 138.34 USD Mn | 6.37 USD Mn |
| 2029 | 147.78 USD Mn | 6.63 USD Mn |
| 2030 | 158.65 USD Mn | 6.93 USD Mn |
Data Source: Wantstats Repository
The demand for pitch-based carbon fibers in France is on the rise due to their unique properties and versatility in various industries. These fibers are formed from the controlled heating and carbonization of specific grades of coal tar pitch, resulting in a high-strength, lightweight, and corrosion-resistant material. They find applications in sectors such as automotive, aerospace, construction, sports equipment, and many more. One of the main factors contributing to the demand for pitch-based carbon fibers in France is their high strength-to-weight ratio. These fibers are exceptionally strong and offer significant weight reduction compared to other materials like steel or aluminum. This feature makes them a popular choice in industries where weight reduction is crucial, such as in the aerospace and automotive sectors. The increasing focus on fuel efficiency and environmental sustainability is also driving the demand for pitch-based carbon fibers in the transportation industry. Moreover, pitch-based carbon fibers offer superior corrosion resistance, making them suitable for various harsh environments. In industries such as marine and offshore where exposure to saltwater and other corrosive elements is high, these fibers are preferred over traditional materials.
This trend is expected to continue, especially with the rising demand for renewable energy sources, such as offshore wind turbines. Pitch-based carbon fibers are also finding increased usage in the construction industry, particularly in the form of reinforcing material for concrete. These fibers add strength and durability to concrete structures, making them more resistant to cracking and other forms of damage. They are also being used in the production of lightweight and corrosion-resistant pipes and tanks, further driving the demand in the construction sector. The sports and leisure industry is another significant contributor to the demand for pitch-based carbon fibers in France. These fibers are being used in the production of high-performance sporting equipment such as tennis rackets, golf clubs, and bicycles. The lightweight and stiffness properties of these fibers make them ideal for improving the performance of these sports equipment. In conclusion, the demand for pitch-based carbon fibers in France is expected to continue to grow due to their unique properties and diverse applications in various industries.
As technology continues to advance and new manufacturing techniques are developed, the demand for these fibers is likely to surge further, making France a significant player in the global pitch-based carbon fiber market.
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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France Pitch-Based Carbon Fibers Market, By Type
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