Visão geral do mercado

The global space carbon fiber composite market is estimated to achieve a value of $1.68 bilhão por 2033, exhibiting a growth rate of 14.10% durante o período de previsão. This growth can be attributed to several factors, including the increasing demand for lightweight small satellites in communication and Earth observation applications, the expansion of the commercial space sector, and the development of reusable launch vehicles. Além disso, advancements in manufacturing technologies and materials are also expected to contribute to the market’s growth.

Carbon fiber composites have been widely used in space applications for many years, and their usage continues to expand. These composites possess exceptional mechanical properties, are lightweight, and exhibit high thermal stability, making them ideal for various space applications such as satellites, launch vehicles, and spacecraft. Satellites, in particular, heavily rely on composite components for their structural profile.

No entanto, the market growth of space carbon fiber composites faces certain challenges. The production cost of these composites is higher compared to traditional materials due to the specialized equipment and expertise required in the manufacturing process. Limited supply chain and production capacity for carbon fibers, as well as strict regulatory requirements for space applications, also pose challenges to market growth.

Segmentação de mercado

O mercado é segmentado com base em vários fatores, including application, usuário final, manufacturing process, raw material, tensile modulus, and region.

Segmentação por Aplicativo
Satellites
Launch Vehicles
Deep Space Exploration

Segmentation by End User
Comercial
Defense

Segmentation by Manufacturing Process
Automated Fiber Placement (ATL/AFP)
Compression Molding
Additive Manufacturing

Segmentation by Raw Material
Pitch-Based
PAN-Based

Segmentation by Tensile Modulus
High-Modulus
Ultrahigh Modulus

Segmentation by Region
América do Norte – U.S. and Canada
Europa – França, Alemanha, Rússia, U.K., and Rest-of-Europe
Ásia-Pacífico – Japão, Índia, and Rest-of-Asia-Pacific
Rest-of-the-World – U.A.E. e Brasil

In terms of application, the satellite segment is expected to witness the fastest growth in the global space carbon fiber composite market. With the increasing number of satellite launches in recent years and the anticipated rise of small satellite mega constellations in the next decade, satellites are projected to experience the highest growth during the forecast period from 2023 para 2033.

PAN-based raw materials are predicted to dominate the market due to continuous efforts by space system manufacturers to develop efficient and cost-effective satellites, as well as reusable launch vehicles. The demand for cost-effective carbon fiber composites, which offer exceptional physical properties, is driving the growth of the PAN-based raw material segment.

In terms of tensile modulus, the high-modulus segment is expected to lead the global space carbon fiber composite market. This can be attributed to the superior stiffness and high strength-to-weight ratio offered by high modulus carbon fiber composites.

Geographically, North America is set to dominate the global space carbon fiber composite market during the forecast period. Em 2022, North America already held the highest market share of 48%. This is due to the increasing space activities in the region, such as the launch of satellite mega-constellations and the development of reusable launch vehicles and small launch vehicles. Adicionalmente, North America is home to several key companies that extensively engage in the development and provision of advanced materials for space applications.

Cenário competitivo

Em 2022, established players led the market, constituting approximately 75% of the market presence. These companies have a strong foothold and a significant share in the market. Alongside them, emerging market participants, mainly comprised of startup entities, accounted for approximately 25% of the market presence. These startups are relatively new but show promising potential for growth and innovation.

This segmentation of the market highlights the dominance of established players while acknowledging the emergence of promising startups. It provides a comprehensive view of the market landscape in 2022.

The key companies profiled in this report include Applied Composites, Airborne, ACPT Inc. (Advanced Composite Products and Technology), Boston Materials, Inc., CarboSpaceTech GmbH, CPI AdamWorks, LLC, CST Composites, Calian Group Ltd., Hexcel Corporation, Hanwha Cimarron, Oxeon AB, Peak Technology, Rockwest Composites, Inc., RUAG Group, SGL Carbon SE, Teijin Limited, TRB, Toray Advanced Composites, SpaceX, Blue Origin, Maxar Technologies, ROCKET LAB USA, Thales Group, Airbus S.A.S, ArianeGroup, Boeing.

Recent Developments

In October 2022, Beyond Gravity was granted a contract to supply 38 payload fairings for ULA’s Vulcan rockets. These fairings have been designated for the exclusive purpose of launching satellites as an integral component of Amazon’s ambitious project, Kuiper.
In October 2022, Beyond Gravity and HyPrSpace established a strategic partnership to collaborate on the development of OB-1, an orbital micro-launcher. One notable feature of this launcher is its structural composite parts, which are engineered using cutting-edge flexline technology.
In July 2022, a significant collaboration was announced between Boston Materials and Textron Systems. The purpose of this partnership is to collectively work on the development of an advanced thermal protection system (TPS) that incorporates Z-axis fiber technology. This enhanced TPS will have practical applications in hypersonic vehicles and reusable launch vehicles.
In March 2022, Beyond Gravity and Amazon made a joint announcement regarding their partnership. The purpose of this collaboration is to undertake the development and production of customized satellite dispenser systems for Project Kuiper. This project has a significant objective of establishing a constellation in low Earth orbit (LEO), consisting of an impressive total of 3,236 satellites.

Principais perguntas respondidas

What are the fundamental factors contributing to the emergence of trends in the global space carbon fiber composite market?
To what extent can new original equipment manufacturers (OEMs) and other players enter the market?
What are the driving forces and challenges that contribute to the growth of the space carbon fiber composite market?
Por 2033, which application and end user are anticipated to lead the space carbon fiber composite market?
What was the market value of different regions in the space carbon fiber composite market in 2022, and how is the market projected to grow from 2023 para 2033?
What are the ongoing research and development initiatives and investment scenarios in the space carbon fiber composite market?
How is the industry expected to evolve during the forecast period of 2023-2033?
What are the key strategies implemented by major players to sustain competitiveness in the market?