Demand for Carbon Fibers to Rise Significantly by 2020 Globally

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27 Nov 2013 14:14 Helen Clark

CHEMMONITOR.COM - The wind energy, aerospace and defense, sports and leisure markets, are the major consumers of carbon fiber. Demand from these sectors contributes into carbon fiber demand growth. In 2013, demand for the product in the wind energy, aerospace and defense, sports and leisure sectors is poised to be about 11,300 tonnes, 9,400 tonnes and 8,300 tonnes, respectively.

Meantime, the demand for carbon fiber reinforced plastics (CFRP) in the global market was worth 67,000 tonnes in 2012.

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