Latest news with #aircraftmanufacturers
Yahoo
21-07-2025
- Business
- Yahoo
Carbon Fiber Market Set to Reach Valuation of US$ 15.30 Billion By 2035
Surging demand in aerospace, EVs, and wind energy drives immense potential. Innovations in lower-cost manufacturing and recycling are unlocking new mainstream industrial markets, moving carbon fiber beyond its traditional niche for exponential growth. Chicago, July 21, 2025 (GLOBE NEWSWIRE) -- The global carbon fiber market was valued at US$ 3.47 billion in 2024 and is estimated to reach US$ 15.30 billion by 2035, growing at a CAGR of 14.44% during the forecast period 2025–2035. The future of the carbon fiber market looks remarkably bright, powered by an escalating need for lighter, stronger, and more sustainable materials across critical industries. In aerospace and next-generation electric vehicles, relentless lightweighting initiatives are pushing engineers to replace aluminum and high-strength steel with carbon fiber composites, achieving sharper range gains and lower lifetime emissions without sacrificing safety. Automakers are already embedding full-length carbon fiber reinforcement in battery enclosures and body-in-white structures, while aircraft manufacturers are integrating larger monolithic composite sections to cut assembly hours and maintenance costs. Request Sample PDF Copy: Renewable energy adds a second growth engine to the carbon fiber market. It enables the production of longer, aerodynamically optimized wind-turbine blades that harvest more energy per rotation and withstand harsher offshore conditions. Global decarbonization targets amplify that demand, positioning carbon fiber as a pivotal enabler of clean-power expansion. Equally important are manufacturing breakthroughs that lower cost barriers and shrink curing cycles. Plasma-oxidation lines, induction heating, and automated fiber placement are trimming energy use and boosting first-pass yield, while closed-loop recycling systems reclaim high-performance fibers for reuse in automotive and consumer-electronics housings. Thermoplastic composites, prized for rapid processing and straightforward recyclability, are gaining commercial traction as well. Key Findings Carbon Fiber Market Market Forecast (2035) US$ 15.30 billion CAGR 14.44% Largest Region (2024) Asia Pacific (42%) By Precursor Type Polyacrylonitrile (PAN) (73.31%) By Tow Size 24-48 k (70.07%) By Module Standard Modulus Range, Specifically T300 -T700 (82.05%) By End Users Aerospace and Defense Sector (26.02%) Top Drivers Increasing demand from aerospace for lightweight, strong materials Automotive industry's push for vehicle lightweighting and efficiency Growing adoption in the wind energy sector for blades. Top Trends Advancements in recycling technologies for a circular economy. Rising adoption of lower-cost thermoplastic carbon fiber composites. Developing low-cost manufacturing to broaden market applications Top Challenges High manufacturing cost remains a significant market barrier. Complex and costly recycling processes limit widespread reuse. Competition from lower-cost alternative materials like glass fiber. Automotive, Aerospace, Construction Applications Drive Diverse Demand Profiles Globally Today The carbon fiber market is now firmly embedded in high-volume automotive programs, ranging from BMW's G70 7-Series roof bows to Tesla's Cybertruck under-body reinforcements, where average material loading already exceeds 130 kg per vehicle on limited-edition trims. In Detroit, General Motors validated a forty-second resin-transfer-molding cycle for pickup-truck beds, proving that light-duty platforms can absorb multi-ton annual consumption without disrupting takt time. At the same time, Chinese EV start-up NIO began shipping body-in-white parts molded from domestically sourced T-700 grade tow, underscoring Beijing's 120 000-tonne installed capacity advantage. Such case studies illustrate how the carbon fiber market is migrating from boutique supercars to mainstream electrified fleets with concrete pay-back measured in lifetime energy savings rather than aspirational branding. Aerospace remains the flagship consumer, yet even here demand profiles are shifting. Boeing's 787 already incorporates roughly 35 tonnes of primary-structure composite, and Airbus is targeting similar ratios for its A350F freighter. Meanwhile, Embraer's Energia concept employs thermoplastic wings co-manufactured with additive-manufactured ribs, simplifying maintenance while lowering assembly hours. Outside aviation, Japanese contractor Obayashi erected a 27-story office tower with carbon-fiber-reinforced tendons that halve seismic resonance. Furthermore, India's National High-Speed Rail Corporation specified pultruded cable-stay anchorages rated at 2 000 kN apiece, demonstrating construction's willingness to pay for longevity. Collectively, these examples confirm the market is diversifying geographically and sectorally, cementing durable multi-industry demand pull. Production Technologies Slash Cycle Times While Elevating Mechanical Performance Benchmarks Step-change processing innovations are redefining cost curves across the carbon fiber market. Plasma-oxidation lines commissioned in Germany in 2024 trimmed stabilization time from 80 to 45 minutes by heating precursor on both sides simultaneously, reducing energy consumption by 30 GWh annually. Parallel advances in 3 kW microwave-assisted carbonization, pioneered by Hexcel's Salt Lake City pilot, shortened furnace length by 20 meters while maintaining a 6 GPa tensile modulus. These developments dovetail with Industry 4.0 controls, where AI vision cameras detect tow fuzz at 0.3-millimeter resolution, triggering closed-loop tension corrections that lift 'first-pass' yield beyond 97 percent—critical for meeting soaring aerospace qualification targets. Downstream, processing breakthroughs are equally transformative. In 2024, Spirit AeroSystems achieved a one-minute cure for autoclave-free wing skins using a snap-cure epoxy and proprietary induction tooling. Concurrently, BMW introduced dry-fiber preforms stitched by collaborative robots, cutting scrap to under 5 kg per body-in-white. Additive manufacturing of continuous-fiber composites gained traction, too; Startup Arris Composites delivered 50 000 seatback frames to Airbus using water-soluble support lattices, erasing conventional trim-and-drill labor. As cycle times shrink and part complexity rises, designers now balance fiber placement with machine-learning-guided topology optimization, unlocking structures that meet crash, flutter, and fatigue criteria with up to 25 percent less mass—further reinforcing competitiveness across the carbon fiber market. Persistent Cost, Complexity, Raw Material Issues Limit Wider Industry Adoption Despite undeniable technical momentum, three interlinked barriers still constrain the carbon fiber market. Foremost is feedstock pricing: polyacrylonitrile precursor averaged US$ 2.35 per kilogram in Q1 2024, roughly nine-fold higher than commodity polypropylene, and volatility in acrylonitrile spot prices forces processors to hedge six months forward. Second, capital intensity remains formidable; a single 5 line oxidation-carbonization street can demand outlays exceeding US$ 750 million before permitting, a hurdle smaller players struggle to surmount. Finally, the industry's talent shortfall is acute; the Society for the Advancement of Material and Process Engineering logged fewer than 2 800 active US-based composite-process engineers, insufficient to support the fifty-plus announced green-field plants. Complexity downstream also hampers scale. Resin viscosity, tack life, and out-time constraints oblige clean-room environments that conflict with typical auto-body shop conditions. Moreover, recyclability challenges persist: end-of-life shredding often leaves 50-millimeter staple fibers incompatible with high-load structural parts, relegating them to filler applications with depressed economics. Supply-chain fragility compounds these issues; the 2023 Panama Canal drought delayed multiple vessel transits, temporarily starving European wind-blade manufacturers of intermediate-modulus tow. Accordingly, purchasing managers in construction still prefer glass fiber unless carbon's whole-life cost can be unambiguously justified. Overcoming these obstacles will dictate how fast the carbon fiber market penetrates truly mass-volume arenas. Environmental Regulations Accelerate Shift Toward Low-Emission Precursor and Recycling Systems Policy intervention is now a decisive catalyst for the carbon fiber market. The European Union's Industrial Emissions Directive revision mandates a 40 percent energy-efficiency improvement—expressed in absolute kilowatt-hours—by 2030 for composite producers, compelling rapid furnace electrification and waste-heat recovery. Concurrently, California's Composite Emissions Rule caps styrene liberation at two tons annually per site, pushing molders toward bio-based vinyl esters and closed-mold processes. In Asia, Japan's Green Transformation subsidy earmarked US$ 210 million in 2024 to underwrite lignin-based precursor pilot lines, while South Korea offers tax credits worth US$ 1 100 per tonne of reclaimed fiber sold domestically. End-of-life directives are tightening as well. Under Europe's End-of-Life Vehicle regulation, automakers must certify that every composite component heavier than 5 kg is either mechanically recyclable or chemically recoverable. This requirement has triggered consortia such as the German-led iCycle project, which demonstrated supercritical water solvolysis capable of extracting clean fiber while retrieving 90 percent of epoxy monomers for re-polymerization. Simultaneously, the US Federal Aviation Administration issued Advisory Circular 20-107B-1, guiding airlines on documenting composite waste streams during heavy checks—a prerequisite for airframe residual-value calculations. As compliance timelines converge, regulatory momentum is forcing producers to embed sustainability by design, accelerating the overall maturity of the carbon fiber market. Competitive Landscape Shows Aggressive Partnerships, Regional Capacity Expansions, Vertical Integration The carbon fiber market's competitive landscape in 2025 is defined by aggressive strategic maneuvering as companies jockey for position in a rapidly expanding market. This is clearly demonstrated through a surge in partnerships, significant regional capacity expansions, and a deliberate push towards vertical integration to control the supply chain. Key players are forming strategic partnerships to leverage complementary expertise and accelerate innovation. For instance, collaborations between material manufacturers and end-users, such as Mitsubishi Chemical's partnership with a major automotive manufacturer and Hexcel's collaboration with FIDAMC for aerospace applications, are becoming commonplace. These alliances aim to develop application-specific solutions and speed up the adoption of new carbon fiber technologies. Similarly, the long-standing partnership between Epsilon Composite and Toray Carbon Fibers Europe highlights the importance of stable supply for large-scale projects, such as composite core conductors for the energy sector. Simultaneously, regional capacity expansions are rampant, particularly in Asia and Europe, to meet soaring demand. Toray is notably expanding its production in South Korea and is set to complete a new production line in France by the end of 2025. China is also massively increasing its domestic carbon fiber capacity. These expansions are not just about volume but also about regionalizing supply chains to better serve key markets like automotive and wind energy. To gain greater control over costs and supply, vertical integration has become a critical strategy. Companies are investing to secure their supply of essential raw materials like carbon fibers and resins. A prime example is Toray's earlier acquisition of Zoltek to produce cost-effective carbon fiber for a wider range of industrial applications, a strategy that continues to influence the market. Mitsubishi Chemical Group's acquisition of CPC, an Italian manufacturer of carbon fiber automotive components, further underscores this trend towards vertical integration to innovate and meet demand for sustainable solutions. Investment Patterns Reveal Cashflow, Venture Interest, and Strategic Capital Allocation Financial signals underscore enduring confidence in the carbon fiber market. Toray recorded composite-segment operating income of US$ 510 million for fiscal-year 2023, the highest in its history, propelled by aerospace backlog and EV contracts. Private capital is equally energetic: Boston-based Arris closed a US$ 169 million Series D led by Porsche Ventures to scale additive production lines. On the public-finance front, the US Department of Energy awarded US$ 145 million to a Tennessee facility turning captured CO₂ into acrylonitrile, diversifying precursor feedstock and mitigating geopolitical risk in the acrylonitrile supply chain. Mergers and acquisitions continue apace. In June 2024, Japanese conglomerate Teijin divested its North Carolina textiles unit for US$ 82 million, reallocating proceeds toward a Thai oxidation furnace upgrade slated for 2026. European players are similarly active: SGL Carbon acquired Dutch prepregger Airborne for US$ 73 million, bundling digital-twin software with material sales to capture lifecycle-service revenue. Meanwhile, venture funding is flowing to circularity; UK-based Variable Melt received US$ 12 million to commercialize thermoplastic depolymerization reactors co-located with wind-blade graveyards. Above all, free cash flow generation enables incumbents to self-fund R-and-D at record levels, ensuring the market retains momentum despite macroeconomic headwinds such as higher risk-free rates. Need Strategic Clarity? Talk to Our Analyst Today: Circular Economy Initiatives Signal Future Direction For Carbon Fiber Market Looking forward, sustainability imperatives will redefine value creation in the carbon fiber market. OEMs now demand cradle-to-cradle accountability; Airbus's 'Ascend' program expects 100 percent traceable fibers with digital passports embedding energy intensity, resin chemistry, and end-of-life pathways. This transparency aligns with emerging extended-producer-responsibility statutes, which allocate financial liability for decommissioning composite components. Early movers are responding: Vestas plans to grind and re-infuse eight-year-old wind-blade fibers into 14-megawatt nacelle covers, turning former liabilities into revenue within the same project ecosystem. Technological enablers are also converging. Super-critical ammonia, pioneered at the National Renewable Energy Laboratory, now separates cured resin from carbon in 30 minutes without degrading tensile properties, opening the door to true closed-loop systems. Concurrently, bio-based lignin precursors emit one-third less CO₂ during stabilization and are already being spun at pilot scale in Norway. When combined with renewable-powered electric furnaces, life-cycle-assessment models predict net-negative emissions for certain product classes—an outcome unimaginable a decade ago. As policy, technology, and investor sentiment align, circularity will evolve from corporate rhetoric into a quantitative differentiator, steering procurement and design rules. Consequently, the carbon fiber market is positioned to transition from merely lightweighting to actively decarbonizing global industrial supply chains. Global Carbon Fiber Market Key Players: Advanced Composites Inc. BASF SE Formosa M Co. Ltd Hexcel Corporation Mitsubishi Chemical Carbon Fiber & Composites Inc. Nippon Graphite Fiber Co. Ltd. SGL Group Solvay Teijin Limited Toray Industries Inc Zoltek Corporation Other Prominent players Market Segmentation Overview: By Precursor Type PAN Type Carbon Fibre Pitch Type Carbon Fibre By Tow Size 1-12 k 24-48 k >48 k By Modules Standard Modulus (T300 -T700) Intermediate Modulus (T800-T1100) High Modulus (M35-M60) By End User Aerospace & Defence Civil wide body Civil narrow body EVtol/drones Military Other Automotive Super cars Premium vehicles (gasoline) Electric vehicles (EVs) Pressure vessels / Hydrogen storage CNG Hydrogen storage Automotive Hydrogen storage Aerospace Hydrogen storage Ground Hydrogen storage Rail Pressure vessels / Hydrogen storage CNG Hydrogen storage Automotive Hydrogen storage Aerospace Hydrogen storage Ground Hydrogen storage Rail Wind & Energy Wind on-shore Wind off-shore Tidal power Fuel cells Other Infrastructure/civil Buildings Concrete re-bar Trains Other Consumer Bicycles Marine Consumer goods Other By Region North America Europe Asia Pacific Middle East & Africa (MEA) South America Request Region or Segment-Specific Customization: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website: in to access your portfolio
Yahoo
20-06-2025
- Business
- Yahoo
Electromechanical Actuators in Aircraft Market worth $804.3 million by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., June 20, 2025 /PRNewswire/ -- The electromechanical actuators in aircraft market is projected to reach USD 804.3 million by 2030, growing from USD 577.1 million in 2025 at a CAGR of 6.9% according to a new report by MarketsandMarkets™. The electromechanical actuators in aircraft market is witnessing strong momentum, fueled by rapid advancements in power electronics, smart sensors, and digital control systems. The growing focus on more electric aircraft (MEA) concepts, which aim to improve energy efficiency and reduce dependency on hydraulic and pneumatic systems, is accelerating the adoption of EMAs. The rising demand for lightweight, maintenance-friendly, and environmentally sustainable solutions encourages innovation in commercial and military aviation. At the same time, evolving defense modernization programs and next-generation aircraft platforms are opening up new opportunities for advanced actuation technologies. Aircraft manufacturers and system integrators increasingly invest in cutting-edge EMA solutions to meet performance, safety, and cost targets. With technology becoming more integrated and platforms more electric, the market is poised for long-term growth. It remains a critical enabler of the aviation industry's shift toward more innovative, cleaner, and reliable systems. Download PDF Brochure: Browse in-depth TOC on "Electromechanical Actuators in Aircraft Market" 200 – Tables80 – Figures230 – Pages Electromechanical Actuators in Aircraft Market Report Scope: Report Coverage Details Market Revenue in 2025 $ 577.1 million Estimated Value by 2030 $ 804.3 million Growth Rate Poised to grow at a CAGR of 6.9% Market Size Available for 2020–2030 Forecast Period 2025–2030 Forecast Units Value (USD Million/Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By mechanism type, motor torque, application, platform, and region Geographies Covered North America, Europe, Asia Pacific, and Rest of World Key Market Challenge Power supply and thermal management limitations Key Market Opportunities Advancements in autonomous flight Key Market Drivers Rising adoption of More Electric Aircraft architecture By platform, the narrow-body aircraft segment is projected to account for the largest share of the electromechanical actuators in aircraft market during the forecast period. The dominance of the narrow-body aircraft segment is underpinned by strong global demand for single-aisle jets, especially across commercial airline fleets. With increasing focus on fleet modernization, airlines are upgrading to newer models, such as the Airbus A320neo and Boeing 737 MAX, which integrate advanced electromechanical actuators (EMAs) for flight control surfaces, landing gear operations, and other critical functions. The adoption of EMAs in narrow-body aircraft is primarily driven by their lower weight, better energy efficiency, and reduced maintenance needs compared to traditional hydraulic systems. Given the high production volumes of narrow-body aircraft and their extensive use in short- and medium-haul routes worldwide, this aircraft continues to attract significant EMA integration. Moreover, the push toward more electric aircraft and increasing passenger traffic in emerging markets further reinforce the segment's leading market position. Narrow-body platforms are increasingly seen as the foundation for technological upgrades, which makes them central to the EMA market landscape. By application, the flight control surface segment is projected to account for the largest share during the forecast period. The flight control surface segment is projected to account for a significant market share, driven by the aviation industry's shift toward more electric aircraft and the growing need for precise, lightweight, and energy-efficient actuation systems. These actuators play a vital role in managing the aerodynamic behavior of an aircraft, enabling accurate control of ailerons, elevators, rudders, and flaps. As aircraft designs evolve, the demand for advanced EMAs in primary and secondary flight control systems continues to grow, especially in next-generation commercial jets and military platforms. Reduced maintenance needs, enhanced reliability, and better integration with digital flight control architectures have driven the move from hydraulic systems toward electromechanical solutions. With growing emphasis on performance optimization, weight reduction, and environmental efficiency, EMAs for flight control surfaces have become critical to modern aircraft programs. Inquiry Before Buying: North America is projected to account for the largest share during the forecast period. North America remains at the forefront of the electromechanical actuators in aircraft industry, primarily due to its robust aerospace sector, rich engineering skills base, and drive towards more electric airplane designs. In recent years, there has been a well-documented shift from conventional hydraulic systems toward electromechanical systems, particularly for flight control and landing gear systems. This transformation is fueled by the need to shed weight, increase fuel economy, and make maintenance easier. Industry leaders such as Honeywell, Moog Inc., and Curtiss-Wright are at the forefront of this change, creating more sophisticated and reliable EMA technologies for commercial and defense applications. Regulatory incentives have also played a significant part. The FAA's emphasis on safety and electrification has driven broader usage of EMA systems throughout aging fleets and new airplanes. The region's robust supply base, large aircraft programs, and military modernization continue to drive demand for EMS. With increasing focus on testing, certification, and system integration, North America is emerging as a leading center for electromechanical actuator innovation and deployment. Honeywell International Inc. (US), Curtiss-Wright Corporation (US), Liebherr (Switzerland), and Ametek Inc. (US) are major players in the electromechanical actuators in aircraft companies. These companies have strong distribution networks across North America, Europe, Asia Pacific, the Middle East, and Rest of the World. Get 10% Free Customization on this Report: Browse Adjacent Market: Aerospace and Defence Market Research Reports &Consulting Related Reports: Military Vehicle Electrification Market by Platform (Combat Vehicles, Support Vehicles, Unmanned Armored Vehicles), System, Technology (Hybrid, Fully Electric), Mode of operation, Voltage Type and Region - Global Forecast to 2030 Military Vehicle Sustainment Market by Vehicle Type (Armored Vehicles, Military Trucks), Service (Maintenance, Repair, & Overhaul (MRO), Training & Support, Parts and Components Supply, Upgrades & Modernization), End User, and Region- Global Forecast to 2028 Turret System Market by Type (Manned, Unmanned), Component (Turret Drive, Turret Control System, Stabilization Unit), Platform (Land, Airborne, Naval), and Region – Global Forecast to 2027 Unmanned Ground Vehicles Market by Mobility (Wheeled, Tracked, Hybrid), Application (Military, Commercial, Law Enforcement, Federal Law Enforcement), Size (10-200lbs, 200-500lbs, Others), Mode of Operation, System, and Region-Global Forecast to 2027 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Web Site: Insight: Source: Logo: View original content: SOURCE MarketsandMarkets 登入存取你的投資組合
