Dallas – April 2010 - Significant changes have taken place in the carbon fiber market in the last 4 to 5 years. There was a shortage of carbon fiber from 2005 to 2006, however, the market scenario has changed due to the global economic recession. From the perspective of carbon fiber suppliers, demand has slipped noticeably in the first three quarters of 2009 as the global economy was worst.  At the same time, supply has increased to the degree some manufacturers now have ample supply of carbon fiber with relatively low lead times to consumers.  Based on Lucintel’s research of carbon fiber suppliers, manufacturer’s pricing power has decreased during last 6 months with many reducing prices for both pitch and pan based carbon fiber.  However, representatives at major manufacturers of carbon fiber felt strong turnaround in demand as the global economy is getting better.

According to Lucintel research on the demand side, most of the industrial, sporting goods and aerospace markets are expecting to see positive growth in 2010. The wind energy market is estimated to see a mid teen growth in 2010. Suppliers of golf clubs and fishing rods feel relatively optimistic about the market in 2010.

The global carbon fiber market has grown at high single digit over the last 5 years and is forecasted to grow to $2.3 billion in 2015 from $1.1 billion in 2009, according to Lucintel. In 2010, the global carbon fiber market is expected to have a positive growth of 8.4% mainly to demand growth in every segment.

Lucintel, a leading global management consulting and market research firm with over 700 clients worldwide, has analyzed the carbon fiber market and just published a comprehensive research report entitled "Growth Opportunities in the Carbon Fiber Market 2010-2015". In the report, Lucintel identifies the highest and lowest potential growth applications in the carbon fiber market.

This research report contains market size estimates for the top 16 segments in the global carbon fiber market, a Porter’s five forces analysis for carbon fiber opportunities in the market, trends and forecasts in terms of volume and value shipment, growth drivers and many other elements, which can help you to make confident business decisions in this globally competitive carbon fiber marketplace. 

For a detailed table of contents and pricing information on this timely and insightful report, please contact helpdesk at 972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting edge decision support services that help you make critical decisions with greater speed, insight and cost-efficiency. To find out more, visit www.lucintel.com.Contact: Roy Almaguer, +1-972-636-5056 or via email at helpdesk@lucintel.com.