Emerging and Future Carbon Fiber Applications is Likely to Drive Carbon Fiber Market

Dallas - Oct. 5, 2009 - The carbon fiber industry has proven itself on the basis of high performance, low weight and excellent strength characteristics. The demand for carbon fiber has been steadily growing since the launch of fiber in the market around forty years ago and emerging and future applications is likely to drive the carbon fiber applications market.

Lucintel, a leading global management consulting and market research firm with over 1000 clients worldwide has analyzed the emerging carbon fiber applications market to develop a comprehensive research report entitled "Emerging Carbon Fiber Applications 2009 - 2014: Trends, Economic Feasibility and Profit Opportunity Analysis".

As per the study the new market for carbon fiber is consumer durables industry and the major market movers are mobile phones and laptop cases. High specific strength and resistance to chemical attack has lead to carbon fiber use in diverse applications. Carbon fiber components are cost effective, weight savings lead to cost reduction and durability leads to longer life. The carbon fiber market is growing with good rate. According to Lucintel Analyst, Navin Tamrakar "The key success factors for carbon fiber are joint development of new applications and entry in new markets like India and China".

According to Lucintel Carbon fiber cost and availability are the two greatest challenges in the industry.  The carbon fiber component/structure processing technology is patented by few companies. It hampers the proliferation of carbon fiber applications. Long term supply agreements are also threat to the industry as they lock the opportunity for other players. 

This detailed research report contains Carbon Fiber Snapshot, Nuclear Centrifuge Rotor Tubes, Consumer Electronics, Offshore Oil and Gas Applications, Wind Energy, Automotive Applications, Construction Industry, High Pressure Tanks, Fuel Cell, Medical and Biomedical Applications, Commercial Aerospace, Recent and Future Applications and many other elements all of which can help you make confident business decisions in this globally competitive marketplace.

For a detailed table of contents and pricing information on this timely and insightful report, please contact Roy Almaguer at 210-878-7693 or via email at rajesh.padhi@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.

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