Carbon Fiber Market Growth and Future Outlook
The global carbon fiber market is undergoing a period of strong expansion, driven by increasing demand across industries that prioritize lightweight, durable, and high-performance materials. Valued at USD 5,620.0 million in 2023, the market is projected to rise to USD 6,128.2 million in 2024 and further expand to USD 12,045.8 million by 2031. This growth represents a robust compound annual...
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