[Market Watch] Carbon fiber fuels rapid growth of bicycle frames, to reach $32.8 billion in 2027

Author:admin      Date:2023-04-25 16:17:43

According to the latest market analysis report published by Grand View Research, a leading market research and consulting firm in the US the global bicycle frame market size is expected to reach USD 32.8 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.

Bicycle frame is one of the key components when purchasing a bicycle, which directly affects the weight balance of the bicycle and hence plays an important role in the performance of the bicycle. Traditionally, metallic aluminum and steel have been the most preferred materials used to manufacture bicycle frames. However, in recent years, with the development of modern composite materials, the use of materials such as Chin and carbon fiber for bicycle frames has become increasingly mainstream, as these materials can not only reduce the weight of the bicycle but also improve performance.

After years of declining demand, bicycle demand is becoming more and more important, and the increasing adoption of bicycles as a means of transportation due to their environmental and health benefits is expected to have a positive impact on market growth. Bicycles are also widely used for leisure travel and sports activities.

The new pneumonia epidemic in 2020 is increasingly changing the way people travel, and several governments across the globe are widening bike lanes, actively investing in cycling infrastructure, and so on, based on road congestion and environmental pollution concerns.

This has facilitated the rapid development of bicycles by widening lanes and investing in bicycle infrastructure.

  According to the market analysis report, road bicycle is expected to be the most basic type of bicycle during the forecast period.

The market is expected to grow at a high rate by 2027. Materials such as mantle and carbon fiber, which are key raw materials, are expected to

The use of materials such as mantle and carbon fiber as key raw materials will increase significantly in the manufacture of bicycle frames, especially the carbon fiber frame structure with its excellent

In particular, carbon fiber bicycle frame structure is gaining great popularity in the material field due to its excellent characteristics such as high stiffness, light weight, and high strength.

Based on regional market analysis, the high concentration of bicycle frame manufacturers in Asia Pacific is expected to drive the regional demand.

However, the growing trend of local distribution channels and rising labor costs in developing economies are driving manufacturers back to developed countries such as Europe and North America.

The following section details the application of carbon fiber in bicycle frames and other structural components of bicycles in different sizes

The following details the application of carbon fiber in bicycle frames and other structural components of bicycles.

1. Standard Modulus Carbon Fiber

Tensile modulus 200-280 GPa; tensile strength of 2500 Pa or more, relatively stiff, this is the cheapest

This is the cheapest form of carbon fiber and is used almost exclusively in entry-level frames. It is mainly used for full tubes, tube joints, high stress areas around the head tube

stress areas around the head tube, downtube and chain.

2. Intermediate Modulus Carbon Fiber

Tensile modulus of 280-350 GPa; tensile strength of 3500 Pa or higher. The strongest of all carbon fibers

Carbon fiber, mainly used in advanced frames. Mainly used in high strength areas, such as bendable support frames, and

and areas with strict strength requirements, such as the top tube, down tube and part of the head tube.

3、High modulus carbon fiber

Tensile modulus of 350-600 GPa; tensile strength of 2500 Pa or higher. The stiffness of this carbon fiber is on average 62% higher than

62% higher than standard modulus, but it is more fragile and typically may be included in high-end bikes with 25% of

high-modulus fiber. It is mainly used in areas where extra lateral stiffness is needed, such as downtubes, seatposts or rear forks.

4、Ultra-high modulus carbon fiber

Tensile modulus of 600+ GPa; tensile strength of 2500 Pa or higher. The stiffest of the carbon fiber types, it is very

brittle and very expensive, selectively used in top bikes, although top bikes usually use higher strength

Even so, ultra-high-modulus carbon fibers sometimes account for up to 15% of the total. Primarily

Used in low impact areas, such as the center of the top tube.    -Reprinted from personallibrary.com


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