An
overview of the market for advanced structural carbon products, defined in this
report to include all types of carbon fibers, carbon foams, monolithic
structural graphite, carbon-reinforced carbon composites, and certain graphene
materials. Analyses of market trends, with data from 2012, estimates for 2013,
and projections of compound annual growth rates (CAGRs) through 2018.
Evaluations
of current consumption and future demand for these materials for the United
States and other major geographic markets. Discussion of trends in technology
and the impact of governmental regulations. Comprehensive company profiles of
major players in the market segment.
The
overall goal of this study is to provide a comprehensive understanding of
advances in structural carbon materials manufacturing, their commercial
applications, and worldwide markets. For the purposes of this report,
these materials are defined to include all types of carbon fibers, carbon
foams, monolithic structural graphite, carbon-reinforced carbon composites, and
certain graphene materials.
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Specific objectives
of the study include describing the major types of structural carbon materials,
including key physical and chemical properties, raw materials, and
manufacturing processes. Commercial applications in which these materials
are used will be discussed.
Present
consumption and future demand for these materials will be evaluated for the
United States and other major geographical markets. Trends in technology
will be analyzed and forecasted. The impact of governmental regulations
will be assessed. The dynamics of the structural carbons industry will be
outlined along with profiles of key manufacturers.
Reasons For Doing The Study
This study
is an update of an earlier BCC report that was published in 2011. The
structural carbon materials industry and markets have continued to develop in
the two years since the previous edition was published.
The
structural carbon materials industry serves mature markets such as defense and
aerospace, with a wide variety of products satisfying the requirements of well-established
applications. However, continuous technical innovations and efforts to
make structural carbon technologies available for new applications (at
affordable prices) are leading to the development of new markets.
Corporations
in the structural carbons industry need to understand the significance of these
trends to manage their enterprise and resources effectively. Users of
structural carbons must also understand the effect of these changes in order to
select the most cost-effective option among newly available products and
technologies prior to committing significant capital resources.
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Intended Audience
Over the
next half-decade, significant change will take place in global structural
carbon products and applications. Technological advances in improving
structure-property relationships of advanced carbon materials and breakthroughs
in the manufacturing processes, resulting in lower costs, will lead to novel
applications. This study analyzes the driving forces that will shape the
structural carbons industry over next few years.
Consequently,
the information presented in this study should be useful to:
- Members
of the financial community who must understand, assess, and rate the effect of
forthcoming changes in the structural carbons industry based upon the financial
performance of the companies active in this market segment.
- Chief
executive officers who must effectively manage the assets of their company so
as to benefit from forthcoming changes in the structural carbons industry.
- Directors
of planning who must incorporate anticipated changes in the structural carbons
industry into corporate planning documents.
- Directors
of manufacturing who must implement new structural carbons technology and
products into their operations.
- Directors
of engineering, research, and development who must incorporate the latest in
structural carbons technology and products into their designs and projects.
- Decision
makers at major structural carbons consumers, such as the Department of Defense
contractors involved in aerospace and aircraft manufacturing.
- Executives
at companies engaged in developing competitive materials and technologies such
as other reinforcement fibers like Kevlar or composites manufactured with other
matrix materials such as ceramics or metal.
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Scope Of Report
This
report covers technological, economic, and business conditions in the
structural carbons industry. Although this report is primarily a study of
the U.S. market, analysis and forecasts are also provided for global
markets. Included in this report are descriptions of market forces
relevant to the structural carbons industry and their areas of application.
The U.S.
market is presented by type of structural carbons along with growth forecasts
through 2018. The driving forces in the industry and the structure of the
industry are also examined.
International
aspects of the structural carbons industry are discussed with respect to all
the geographic regions and type of structural carbon material. Lastly,
brief profiles of the major manufacturers are presented.
Methodology And Information Sources
The
report’s findings and conclusions are based on information gathered from a wide
range of primary and secondary sources, including vendors, users, and
engineering and consulting firms. Interview data were combined with
information gathered through an extensive review of secondary sources such as
trade publications, trade associations, company literature, and online
databases to produce the projections contained in this report.
The base
year for analysis and projection is 2012. With 2012 as a baseline, market
projections were developed for 2013 to 2018. These projections are based
on a combination of a consensus among industry sources, combined with BCC’s
understanding of the key market drivers and their impact from a historical and
analytical perspective.
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