Investment Opportunities & Business Ideas

Carbon Fiber (CF) Industry | Carbon Fiber Reinforced Plastics (CFRP) | Carbon Fiber Composites Manufacturing

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GLOBAL CARBON FIBER INDUSTRY:

The carbon fibre market is expected to develop at an 11.0 percent compound annual growth rate (CAGR). The market is expanding as demand from the aerospace and defence, automotive, and wind energy industries grows. Carbon fibre is made up of carbon atoms that are bound together to form a long chain with a diameter of 5-10 metres. These carbon atoms come together to form a tiny crystal with a high strength-to-weight ratio. The industry is expected to rise as automotive manufacturing increases and the need for lightweight vehicles grows. Manufacturers’ increased demand for vehicle body parts such hoods, deck lids, bumper beams, and fenders may encourage product demand. The use of these fibres boosts the vehicle’s durability, guaranteeing that the vehicle’s body sections have a lengthy life cycle. The market is being driven by motorsports and luxury automobiles, which use composites extensively. Companies are implementing methods and investing in processes that will help them reduce the overall weight of their vehicles. Carbon fibre reinforced polymer (CFRP) is commonly employed in high-end supercars as a result. The material’s strength-to-weight ratio is extraordinarily high, and its density is as low as 1.6g/cc, making it extremely light. A lightweight car has the advantage of having superior fuel efficiency, and a 10% reduction in weight can save up to 6% to 8% of gasoline in automobiles.

The most versatile carbon fibre precursor is polyacrylonitrile (PAN). It’s also known as Creslan 61, and it’s a semi-crystalline synthetic polymer resin. PAN is used to manufacture over 90% of carbon fibre. PAN is a thermoplastic resin with an unusually high melting point for a thermoplastic resin. PAN-based carbon fibres have a thicker coat and better mechanical characteristics than pitch-based fibres (high tensile strength). They are favoured in significant applications because of their high carbon yield, polymer’s capacity to undergo cyclization processes, and low vacancy fraction, which result in superior strength and stability, as well as the flexibility to alter the final product’s structure. PAN is a predecessor for the manufacturing of carbon fibre in the aerospace and defence industries, as well as the sporting goods business. Because of the increased acceptance of sports and recreational activities, as well as increased health consciousness, the aerospace and defence, and sporting equipment industries are seeing rapid growth, which is likely to drive the market for PAN as a carbon fibre raw material.

CARBON FIBER REINFORCED PLASTICS (CFRP):

The Carbon Fiber Reinforced Plastic (CFRP) Market is expected to develop at an annual rate of 8.1%. CFRPs are carbon fibre reinforced composite materials created by infusing a resin with carbon fibre reinforcement. They are suited for usage in a variety of industrial applications due to their considerable weight savings, enhanced tensile strength, fatigue resistance, impact resistance, and durability. In several automobile applications, CFRP components are rapidly replacing metals, largely to lower fuel consumption. Tennis racquets, aircraft & automotive components, protective helmets, wind turbine blades, moulding compounds, building & construction plates, and imaging equipment structures are all made with them. Carbon is a potent absorber, therefore these materials can be utilised as a chemical or water purifier. Carbon Fiber Reinforced Plastic (CFRP) is a carbon fiber-reinforced polymer matrix composite material. It is mostly employed in the manufacture of aircraft and rockets because it improves fuel economy and reduces aircraft body weight.

INDIAN CARBON FIBER INDUSTRY:

The carbon fibre market in India is expected to expand at a CAGR of roughly 11.6 percent. Rising demand for renewable energy and increased aircraft production in the country are two aspects that are positively impacting market growth. Furthermore, rising R&D efforts in the aerospace and defence sectors are likely to propel the country’s industry forward. The carbon fibre market in India is divided into three categories: raw material, fibre type, and industry vertical. PAN and petroleum pitch & rayon are two sub-segments of the market. Expanded demand for carbon fibre and carbon fibre composites, technological advancements, and increased market penetration have all contributed to the industry’s rapid expansion in recent years. The future of the India carbon fibre market is expected to be bright, thanks to the growing use of carbon fibre in newer product segments such as deep water drilling platforms, drill pipes, semi-conductor materials, and the increasing number of buildings and apartments in the country as a result of India’s growing urban population and GDP. Rising knowledge of the advantages of carbon fibre over metals will push firms in the Indian carbon fibre industry to extend their operations across the country’s prospective markets.

TOP PLAYERS WORLDWIDE:

  • Reliance Industries
  • Cytec
  • Kemrock Industries
  • Toho Tenax
  • Toray
  • Advanced Composites Inc. (Utah, The U.S.)
  • Formosa M Co., Ltd. (Gyeonggi-Do, Korea)
  • Hexcel Corporation (Connecticut, The U.S.)
  • Hyosung Advanced Materials (Seoul, South Korea)
  • Mitsubishi Chemical Carbon Fiber and Composites, Inc. (California, The U.S.)
  • Nippon Graphite Fiber Co., Ltd. (Hyogo, Japan)
  • SGL Carbon
  • Solvay (Brussels, Belgium)
  • Teijin Limited (Tokyo, Japan)
  • Toray Industries, Inc. (Tokyo, Japan)
  • Zoltek Corporation (Missouri, The U.S.)
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  • Carbon Composite Fiber
  • Carbon Fibre
  • Composite Materials
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M/s. Tea Research Institute of Sri Lanka Sri Lanka Information on Cultivation and Manufacture of Tea
M/s. Bemunka Infrastructure Group Ltd. Ghana Pre-Investment Feasibility Report for Establishment of Porcelain Insulators
M/s. Doono Ltd. Somaliland  Preparation of Detailed Project Report on Aluminium Foil Container
M/s. Sahaviriya Steel Industries Public Company Limited Thailand Information on Hot Rolling
M/s. Crest International Resources Pte Ltd Singapore Preparation of Detailed Project Report on Soda Ash (Light and Soda Ash Dense)
M/s. Surgivalley Pvt Ltd Pakistan Project Consultancy on Electroplating
M/s.   Anbarasu & Jalapathi Sathyamangalam, Tamil Nadu Preparation of Detailed Project Report on Essential Oil Extraction (Jasmine and Tuberose) Unit
M/s.   Bio Ethanol Agro Industries Ltd. Hyderabad, Telangana Pre-Investment and Pre-Feasibility Study on Dall Mill
M/s.   Deepak Nitrite Limited Pune, Maharashtra Pre-Investment Feasibility Report for Establishment of Synthetic Iron Oxide from Iron Oxide Liquor/Sludge by Laux Process (Red, Yellow, Green, Blue) Plant
M/s.   DIQU Tech Private Limited Bangalore, Karnataka Techno-Economic Feasibility Study for Establishment of Precipitated Silica from Rice Husk Ash Unit
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M/s.   IMC Limited Chennai, Tamil Nadu Market Survey Cum Detailed Techno Economic Feasibility Report on Lube Oil Blending Based on Imported Base Oil
M/s. Brice and Company Limited Saint Lucia,  Caribbean Island Preparation of Detailed Project Report on Steel Billets and TMT Bars (Rebar)from Scrap Metal
M/s. Kiboko Enterprises Ltd. Uganda Preparation of Detailed Project Report on Toothpaste
M/s. Amponsah-Efah Pharmaceuticals Limited Ghana, West Africa Preparation of Detailed Project Report on Toothpaste
M/s. Zimbabwe Bearings Private Limited Zimbabwe Preparation of Detailed Project Report on Roller Bearing
M/s. Whitewood Nigeria Limited Nigeria Preparation of Detailed Project Report on Woven PP Cement Sacks
M/s. Printexchem Production and Trading Company Limited Vietnam Information on Epoxy Resins, Adhesive Formulary, Modern Packaging Industries, Printing Technology, Phenolic Resins, Industrial Adhesives, Food Packaging, Natural Dyes & Pigments
M/s.   Kadombara Udyog Ltd. Kolkata, West Bengal Feasibility Study for Establishment of Grain based Alcohol Distillery Unit
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M/s.   Shri Lakshmi Cotsyn Ltd. Kanpur, Uttar Pradesh Techno-Economic Feasibility Study for Establishment of Precipitated Silica from Rice Husk Ash
M/s. Petroleum and Gas Company Fiji Limited Fiji Islands Information on  Coconut Products
M/s. Chengdu Green Gold Biological Science & Technology Co. Ltd. China Details on Neem & Allied Products
M/s. Can Tho Fertilizer and Chemical Joint Stock Company Vietnam Market Survey Cum Detailed Techno Economic Feasibility Report on Sodium Silicate from Rice Husk Ash
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M/s.   Sunil Healthcare Limited New Delhi, Delhi Feasibility Study for Establishment of Cashew Nut Processing Plant
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M/s.  Gujarat Ambuja Exports Ltd. Ahmedabad, Gujarat Preparation of Detailed Project Report on Sodium Silicate from Rice Husk/Hull
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M/s. Icon Construction ,Inc. USA Preparation of Detailed Project Report on Copper Sulphate from Metallic Scrap Copper
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M/s. SDI Automobiles Pvt. Ltd. Nepal Techno-Economic Feasibility Study for Establishment of Lubricants Blending Plant (Lubricants/Grease/Brake Fluid/Coolant)
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M/s. B.H. Blackwell Ltd. England
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M/s.  Tata Steel Limited Jamshedpur, Jharkhand Techno-Economic Feasibility Study for Establishment of Iron Powder Production Unit
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M/s. Gulf Facilities Trading & Contracting Co. Kuwait
M/s. Gulf Organization For Industrial Consulting Qatar
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M/s. International Trading & Manufacturing SRL Italy
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M/s. Maha Laxmi Sugars Ltd. Ethiopia
M/s. Mannai Co. Ltd. UAE
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M/s. Midway Centre Ltd. Singapore
M/s. Nabil Bank Ltd. Egypt
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