Carbon Fiber Coatings Market
Carbon Fiber Coatings Market Analysis, By Product Type (Short carbon fiber, Long carbon fiber, Continuous carbon fiber coating), By End-use Industry (Automotive, Aerospace & Defense), By Raw Material used (Pan based, Pitch based, Rayon based carbon fiber coatings) & By Region Forecast 2018 to 2028
Analysis of Carbon Fiber Coatings market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Carbon Fiber Coatings Market: Definition and Introduction
Carbon fiber coatings are used to coat parts to match a particular body color or display a clear lacquer so as to protect the coated substrate from UV degradation. The process of application of carbon fiber coatings is a lengthy process that involves the readying of the substrate to be coated with the carbon fiber coating, a process called abrading.
This is undertaken manually in the coating preparation area by means of air-driven sanders. Prior to the application of carbon fiber coatings, the substrate material is meticulously degreased to eliminate unnoticed particles and agents prior to the coating process. Later, the coating process commences achieving the required application quality, after which carbon fiber coatings are polished.
Carbon fiber coatings have distinct looks, including industrial, textured, or charcoal gray. They are highly preferred on account of the aesthetic appeal they provide to the finished products. Besides, they find applications in many industries such as automotive, aerospace & defense, domestic appliances, and other connections.
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Carbon Fiber Coatings Market: Key Trends & Drivers
Automakers have been augmenting the use of lightweight aluminum and carbon fiber so as to achieve superior fuel economy. This has been translating into several changes in the process of treating & painting surfaces; however, the application of carbon fiber coatings is a challenging task. Even though the substrate or panel surface is smooth, there are technical issues with regard to the coating method used.
For instance, most automotive paint shops deploy electrostatic systems, which run a minor electrical current through the body panel. This generates an electromagnetic charge that attracts the misted paint molecules, thereby creating even coverage coats and a lesser overspray than gravity-driven processes. However, in the case of the application of carbon fiber coatings, the material is not uniformly conductive.
Hence, electrostatic systems could lead to paint clumping on the parts of panels that carry more charge. Furthermore, although carbon fiber coatings provide aesthetic benefits, manufacturers from the automotive industry prefer using continuous fiber to achieve the best possible stiffness to weight ratio and resin transfer molding techniques, which offer the lowest cycle process time. However, these processes are the most problematic to work with when applying the paint layer.
These factors could prove to be restraining ones for the growth of the carbon fiber coatings market. Hence, extensive research & development activity by companies manufacturing carbon fiber composites has been in full swing in the recent past to tackle the application issues. For instance, the use of a lower bake could possibly help assuage some of the applications, albeit with some unfavorable side effects. However, the ideal way to find a solution to the challenge would be the collaboration of coating experts and substrate engineers to identify the appropriate carbon fiber coatings type & ensure the deployment of the relevant coating process.
Carbon Fiber Coatings Market: Market Participants
Examples of some of the market participants in the carbon fiber coatings market include:
- BASF SE
- Saint Clair Systems
- Berlac AG Switzerland
- Emerald Coatings
- Nippon Carbon Co Ltd.
- Mitsubishi Chemical Corporation
- Covestro AG
- AVANCO Group
- Axalta Coating Systems, LLC
- Toray Industries, Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
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Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
- CIS and Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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- Detailed overview of parent market
- Changing market dynamics in the industry
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- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
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- Potential and niche segments, geographical regions exhibiting promising growth
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Carbon Fiber Coatings Market: Segmentation
On the basis of the product type, the carbon fiber coatings market has been segmented as:
- Short carbon fiber coating
- Long carbon fiber coating
- Continuous carbon fiber coating
On the basis of the end use industry, the carbon fiber coatings market has been segmented as:
- Aerospace & defense
- Energy (wind turbines)
- Building & Construction
- Other industries
On the basis of the raw material used, the carbon fiber coatings market has been segmented as:
- Pan based carbon fiber coatings
- Pitch based carbon fiber coatings
- Rayon based carbon fiber coatings
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- FAQs -
Carbon fiber coatings market is estimated to grow at a CAGR of 5.8% during the forecast period.
To attain improved fuel efficiency, automakers have increased their usage of lightweight materials like carbon fibre and aluminum.
The United States is likely to be a region with lucrative opportunities for carbon fiber coatings manufacturers.