CompositesWorld, publisher of CompositesWorld magazine and the CompositesWorld Weekly newsletter, reports that it has added Chris Red, principal of Composites Forcecasts and Consulting LLC (Mesa, Arizona), to the pre-conference seminar agenda for the Carbon Fiber 2016 conference, Nov. 9-11 in Scottsdale, Arizona.
Red's presentation, titled, "2016 Global Outlook for CFRP and Carbon Fibers," will be given Nov. 9, 1:30-4:30 p.m., and has become a hallmark event for the Carbon Fiber conference.
Carbon fiber composites production has been growing by more than 10% annually for the past three decades. This macro-trend has helped manufacturers and raw material producers grow from a niche “technical material” into a multi-billion dollar annual market for raw materials and more than $75 billion in the production of finished carbon fiber-reinforced plastic (CFRP) products. Over the next 10 years, growth is expected to slow moderately, settling down to 8% CAGR through 2025. This change supports mixed-mode growth scenarios among the established end-user market segments among the industrial, aerospace and consumer markets and emerging applications.
The 2016-2025 global carbon fibers outlook will provide a detailed overview of the markets and applications driving change in our industry. Particular emphasis will be placed on key market segments in aircraft manufacturing, energy, automotive, and consumer product industries. Based on recent market research, this program will also include a special segment detailing the helicopter and rotorcraft market.
The market scenarios among end-user industries, subsequently, will drive change within the carbon fiber composite supply chain. This seminar will include an assessment of carbon fiber producers and global supply base, raw- and semi-finished-material requirements, and supply-and-demand balance for the global market.
Part 1. Carbon Fiber End-Use Demand
- Energy and industrial
- Consumer products
Part 2. Outlook for Helicopters and Rotorcraft
- 10-Year market outlook
- Aircraft models and composites content
- Forecasted composites and raw materials requirements
- OEM and supply chain analysis
Part 3. Carbon Fiber and Supply Chain
- Global/regional production capacity
- Balance of supply and demand
- Impact on related CFRP supply chains and semi-processed goods
Editor PickMitsubishi Rayon buys U.S. carbon fiber plant from SGL Group
This addition will increase MRC’s carbon fiber output production capacity by 1,000 tons.