Lux Research: CFRP demand to grow at 13% CAGR 2020 to $35B in 2020; faster growth in automotive
Green Car Congress
OCTOBER 27, 2014
New analysis by Lux Research shows that carbon fiber demand will grow at an overall 13% compound annual growth rate (CAGR) from 36,000 tons in 2013 to 86,000 tons in 2020. Wind carbon fiber demand will reach just 22,000 MT, compared to the 2012 forecast of 53,000 MT. Click to enlarge.
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