About This Statistic
This statistic displays the global carbon composite revenue in the automotive market in 2013 and a forecast from 2014 to 2022. In 2013, global carbon composite products generated 2.21 billion U.S. dollars in this market. Carbon fiber consists of tiny fibers that are mostly derived from carbon atoms. The global demand is expected to increase in the next five years alongside with its potential in reinforcing materials such as replacing aluminum in the aerospace sector.