Carbon fiber textile market outlook

November 30th, 2020

According to a report by Lucintel, the carbon fiber textile market is expected to decline in 2020 due to global economic recession led by COVID-19. However, the market is expected to recover in 2021 and it is predicted to reach an estimated $1.5 billion by 2025 with a CAGR of 0.5% to 2.5% from 2020 […]

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