Global Carbon Fiber Market Driven by Rising Set of Applications in End-use Industries
It may have hardly been in use for the last forty years, but carbon fiber has already gained use in a wide range of applications in a number of industries these days. Every day, a new application is being found for carbon fiber and what was once considered a highly exotic material is now becoming a big part of our everyday lives. Carbon fiber, originally manufactured in the form of thin filaments that are one tenth the thickness of human hair, are woven, bundled, wrought into sheets and tubes for use in building and construction projects, or is used as regular thread for winding filaments. Browse the full Global Carbon Fiber Market Report: http://www.mrrse.com/carbon-fiber-market Analysts state that the future of carbon fiber is very bright. A recent market research report published by Transparency Market Research states that the global market for carbon fiber, which had a valuation of US$1.9 bn in 2013, will expand at a 9.9% CAGR between 2014 and 2020 an...