According to Lucintel, over the past 12 months, the level of demand for carbon fibre and carbon fibre reinforced composites has steadily increased, but companies that produce carbon fibre and carbon fibre composites are approaching market opportunities with very different strategies.

In its new report, Worldwide Carbon Fiber Competitive Analysis and Leadership Study, 2010, Lucintel analysts examine seven of the world's leading carbon fibre producers. Each carbon fibre maker is rated on the following primary criteria: alignment with market opportunity; and ability to gain market share.

Report highlights

Some of the findings of the Lucintel report are:

  • carbon fibre demand is projected to increase at about 13% annually in the next five years;
  • some of the leading suppliers are projected to lose market share over the next five years, while Toray and Zoltek are expected to gain market share over the same time period;
  • in terms of product range for the carbon fibre market, Toray ranks number one; and
  • in terms of net income to revenue, Hexcel ranks number one.