Carbon Fiber Market Size 2024 to 2031

Increasing demand for commercial and military aircraft is positively impacting the carbon fiber market growth.Carbon fiber is a lightweight material that is five times stronger than steel and twice as stiff. This makes it an ideal material for use in aircraft and spacecraft, where weight reduction is critical. Reducing the weight of aircraft and spacecraft can lead to significant fuel savings, in turn augmenting the demand for carbon fiber. Further, the commercial aviation industry is growing rapidly, and airlines are increasingly demanding fuel-efficient aircrafts.

ID : IL_1435 | Language's : En/Jp/Fr/De | Publisher : IL | Format :