Carbon Fiber Market Is Expected To Expand At A CAGR Of 10.9% From 2023 To 2030
Carbon Fiber Industry Overview
The global carbon fiber market size was valued at USD 4.66 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.9% from 2023 to 2030.
This growth is attributed to the growing adoption of carbon fiber in automotive and aerospace applications. Increasing automotive demand coupled with the rising need for lightweight vehicles is...
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