Carbon Fiber Resin Market Gears Up for 15.3% CAGR Over the Next Decade
The carbon fiber resin market is projected to have a value of USD 574 Million by 2022 and is expected to expand at a compound annual growth rate (CAGR) of 15.3% to attain a value of USD 2,377 Million by 2032. The demand for carbon fiber is predicted to remain below 5% of the worldwide fiber consumption in 2022, but it is anticipated to increase fourfold in the next decade.
The Carbon Fiber...