Carbon Mold Market Assessment and Key Insights Analyzed Till 2029

The latest market study published by Future Market Insights on the global carbon mold market comprises global industry analysis for 2014 – 2018 & opportunity assessment for 2019 – 2029, and includes a complete assessment of the most essential market dynamics. After conducting an in-depth analysis on the historical as well as current growth parameters of the carbon mold market, the growth prospects of the market are obtained with extreme precision.

The global carbon mold market was valuated at ~US$ 200 Mn in 2018 and is anticipated to grow with ~9% CAGR throughout the forecast period, 2019-2029.

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Carbon Mold Market Structure Analysis

  • The carbon mold market is a moderately competitive and heavily fragmented market across the globe.
  • Strategies followed by key players in the carbon mold market are expansion of business through partnerships, collaborations, and technological advancements.
  • Increasing Do It Yourself (DIY) activities are giving rise to start-ups, which is a key trend observed in the carbon mold market.
  • Major players in the carbon mold market are Jiangsu Xinri E-Vehicle Co. Ltd., Vmoto Limited, GOVECS GmbH, Terra Motors Corp., Hero Electric Vehicles Private Limited, Sanyang Motor Co. Ltd., Gogoro Inc., Piaggio & C. SpA, Bayerische Motoren Werke AG, Honda Motor Co. Ltd., etc.

Carbon Fiber to Remain a Prominent Material Choice

The global carbon mold market has been categorized on the basis of material, different types of mold, and application, along with regions.

  • Based on material, carbon fiber is projected to remain the material of choice in the upcoming years, and subsequently hold a prominent share in the global carbon mold market throughout the forecast period.
  • On the basis of mold, the female mold is estimated to hold more than half of the market share owing to its cost effectiveness.
  • High application potential of carbon mold has been identified in aerospace & defense, followed by automotive & transportation. Increasing incorporation of carbon composites in automotive & aerospace industries is a prime factor responsible for the carbon mold market growth.

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