17 Sep, 2020 By Johny 2 Comments
The scale of Carbon Fiber composite heating elements will reach 595.4 million U.S. dollars in year 2026
According to the latest market analysis report released by the foreign Market Watch website, the global Carbon Fiber composite heating element market in 2020 is about 397.9 million U.S. dollars, and it is expected that the market size is expected to reach 595.4 million U.S. dollars by the end of 2026, in the compounding year during 2021-2026. The growth rate is 5.9%.
The Carbon Fiber composite heating element is a lightweight and strong Carbon Fiber reinforced element. Carbon fiber composite materials have the characteristics of light weight, high temperature resistance and high tensile strength, so they can replace aluminum and other metal materials for heating elements. Therefore, Carbon Fiber composite materials have a wide range of uses as industrial and commercial heaters, and can also be used for deicing in the aerospace industry.
Traditional nickel-chromium and other alloy-based heating elements are bulky and cannot provide much flexibility for the final product. In contrast, Carbon Fiber composite materials are softer, can be bent into various shapes, and have better mechanical strength than metal alloys such as steel. Therefore, due to its versatility, Carbon Fiber composite materials are being adopted by various industrial applications to provide reliable and efficient heating solutions.
Carbon Fiber composite heating elements mostly use graphite fiber (high-strength and high-modulus carbon fiber) reinforced polymers, and Carbon Fiber composite heating elements can also be used for high-temperature gas filtration. The molding of thin layers of Carbon Fiberheating elements can improve the fire resistance of polymers or thermoset composites because the dense layer can effectively reflect heat. These properties of Carbon Fiber composite materials have led to increased demand, which in turn contributed to market growth.
According to the type of material, Carbon Fiber composite heating elements can be divided into carbon fiber composite heating tubes, Carbon Fiber composite heating plates, Carbon Fiber composite heating wires and other Carbon Fiber composite heating materials. Currently, manufacturers of Carbon Fiber composite heating elements are concentrated in North America, Europe, Japan and China, of which Europe is the world’s largest production area. For example, in terms of the revenue of the global Carbon Fiber composite heating element market in 2018, Europe has the largest market share, about 29.0%. In addition, North America and China are other major production areas
According to the final application field, industrial use occupies the dominant position in the application of Carbon Fiber composite heating element. In 2018, the industrial field contributed more than 32.0% of the global Carbon Fiber composite heating element market. At the same time, the application of Carbon Fiber composite heating elements in various heating requirements in windmills, transportation and processing is also increasing.
The major global manufacturers of Carbon Fiber composite heating elements include SGL Group, Flexel, Solvay, Methode Electronics, CFC Carbon, Donghai Carbon, Kunshan Jiantong, etc.
Looking at the global market of Carbon Fiber composite heating elements, despite competition issues, due to the increasing demand for electrical safety and the rapid development of downstream industries, the industry is optimistic about this field, and there will still be more new investments in the field in the future . Therefore, consumption and consumption value will continue to grow in the next five years.