Carbon Fiber Market earned USD 5.2 billion in 2022 and anticipated to reach USD 12.1 billion in 2030 registering at a CAGR of 11.1% | Size & Forecast - 2
Major factors driving Carbon Fiber market includes the increasing demand for manufacturing satellite parts, increasing environmental concerns and rising usage of carbon fiber across end use industries. Moreover, strict eco-friendly regulations has increased adoption of carbon fiber in automotive industry.
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