Carbon Fiber Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Raw Material (Pan-Based, Pitch-Based, Rayon-Based), By Product Type (Continuous, Long, Short), By Fiber Type (Virgin, Recycled), By Modulus (Standard, Intermediate, High), By Application (Composite, Non-Composite), By End Use Industry (Automotive, Aerospace & Defense, Wind Energy, Marine, Others), By Region and Competition, 2019-2029F
Global Carbon Fiber Marketwas valued at USD 7.25 Billion in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 7.25% through 2029. In recent years, the global carbon fiber market has experienced remarkable growth and transformation, driven by advancements in technology, increasing demand from various industries, and a growing emphasis on lightweight and high-performance materials. Carbon fiber, renowned for its exceptional strength-to-weight ratio and durability, has become a critical material across multiple sectors, including aerospace, automotive, sports and leisure, wind energy, and more.
In aerospace, carbon fiber is extensively used in aircraft manufacturing to reduce weight and enhance structural integrity. The defense industry also utilizes carbon fiber for various applications due to its strength and versatility. The wind energy sector has embraced carbon fiber for manufacturing turbine blades, as these materials are more efficient and durable in harsh environments. Carbon fiber's popularity in sports and leisure products such as bicycles, tennis rackets, and golf clubs has surged due to its ability to enhance performance.
Key Market Drivers
Growing Demand in Automotive and Aerospace Industries is Driving the Global Carbon Fiber Market
Carbon fiber, once a niche material primarily used in high-performance applications, is now witnessing surging demand driven largely by the automotive and aerospace industries. This trend is reshaping the global carbon fiber market landscape, with significant implications for both manufacturers and end-users.
In the automotive sector, the pursuit of light weighting has emerged as a critical strategy to enhance fuel efficiency, extend range, and reduce emissions. Carbon fiber's exceptional strength-to-weight ratio makes it an attractive alternative to traditional materials like steel and aluminum. By incorporating carbon fiber-reinforced composites (CFRP) into vehicle components such as chassis, body panels, and interiors, automakers can achieve substantial weight savings without compromising structural integrity or safety. Moreover, stringent regulatory requirements worldwide are driving automakers to adopt lightweight materials to meet fuel economy standards and emission targets. As electric and hybrid vehicles gain prominence, reducing vehicle weight becomes even more crucial for optimizing battery efficiency and performance. This has spurred a growing demand for carbon fiber in the automotive industry, with major manufacturers investing in carbon fiber production capacities to meet escalating market needs.
Similarly, the aerospace industry has been a significant driver of carbon fiber adoption. Aircraft manufacturers are increasingly turning to carbon fiber composites for constructing critical components like fuselages, wings, and interior structures. The aerospace sector values carbon fiber for its strength, stiffness, and fatigue resistance, essential properties for ensuring aircraft safety and performance. The use of carbon fiber in aircraft contributes to substantial weight reduction, which translates into enhanced fuel efficiency and increased payload capacity. As airlines seek to reduce operating costs and environmental impact, carbon fiber emerges as a compelling solution to achieve these objectives. Furthermore, advancements in carbon fiber technology have enabled the production of larger and more complex aerospace components, facilitating the development of next-generation aircraft designs.
The growing demand for carbon fiber in automotive and aerospace applications has profound implications for the global carbon fiber market. Manufacturers are expanding production capacities and investing in research and development to meet industry-specific requirements and capitalize on emerging opportunities. Moreover, advancements in manufacturing processes have driven down the cost of carbon fiber production, making it more economically viable for mass-market automotive applications. This cost reduction, coupled with rising consumer preferences for lightweight and high-performance vehicles, is further accelerating the adoption of carbon fiber in the automotive sector. In aerospace, carbon fiber's role is poised to expand beyond current applications as manufacturers explore novel ways to leverage its properties for advanced aircraft designs and sustainable aviation solutions. The aerospace industry's commitment to reducing carbon emissions and improving operational efficiency will continue to drive the demand for carbon fiber in the coming years.
Sustainability and Environmental Regulations is Driving the Global Carbon Fiber Market
The shift towards sustainability has become a driving force in shaping industrial practices worldwide. Manufacturers across diverse sectors, including automotive, aerospace, renewable energy, and consumer goods, are increasingly integrating sustainability goals into their operations. Carbon fiber, with its potential to reduce greenhouse gas emissions and energy consumption compared to traditional materials like steel and aluminum, has become a focal point for achieving sustainability targets. The production of carbon fiber involves processes that emit fewer pollutants and consume less energy compared to many other materials. For instance, the manufacturing of carbon fiber composites generally requires lower temperatures and shorter processing times, resulting in reduced carbon footprints. As companies seek to enhance their eco-friendly credentials, the demand for carbon fiber as a sustainable alternative has surged.
In addition to voluntary sustainability initiatives, stringent environmental regulations are compelling industries to adopt cleaner technologies and materials. Governments worldwide are implementing policies to curb carbon emissions and promote the use of eco-friendly materials in manufacturing. Carbon fiber's role in reducing vehicle weight and improving fuel efficiency has positioned it favorably amidst tightening automotive emissions standards. Environmental regulations also influence the choice of materials in aerospace, construction, and energy sectors. For instance, carbon fiber-reinforced plastics (CFRP) are increasingly employed in aircraft manufacturing to meet stringent emissions targets and noise regulations. In the construction industry, carbon fiber is being explored as a sustainable solution for enhancing structural strength and reducing the environmental impact of buildings.
The confluence of sustainability initiatives and regulatory pressures has propelled the adoption of carbon fiber across a wide range of industries. In automotive manufacturing, lightweight carbon fiber components are instrumental in achieving higher fuel efficiency and reducing vehicle emissions. Major automakers are investing in carbon fiber technologies to develop electric vehicles (EVs) with extended range and improved performance. Similarly, the aerospace industry is embracing carbon fiber composites to reduce aircraft weight and enhance operational efficiency. Carbon fiber's exceptional strength and corrosion resistance make it ideal for aircraft components, contributing to lower fuel consumption and reduced maintenance costs over the lifespan of an aircraft..
Key Market Challenges
Cost and Production Efficiency
One of the primary challenges facing the carbon fiber market is the high cost of production compared to traditional materials like steel or aluminum. The manufacturing process of carbon fiber involves complex and energy-intensive procedures, including precursor production, carbonization, and finishing. These processes contribute to higher production costs, making carbon fiber products relatively expensive. Improving production efficiency and reducing costs without compromising quality remains a significant hurdle for manufacturers. Innovations in raw material sourcing, process optimization, and recycling technologies are essential to address this challenge and enhance the competitiveness of carbon fiber in broader markets.
Market Diversification and Application Development
The carbon fiber market heavily relies on key industries such as aerospace, automotive, and wind energy for demand. Overdependence on specific sectors poses risks during economic downturns or market shifts affecting these industries. Diversifying market applications and exploring new sectors such as construction, sports and leisure, and consumer goods are essential strategies to reduce dependency and create new growth opportunities. However, penetrating these markets requires tailored product development, regulatory compliance, and extensive customer education to showcase the benefits of carbon fiber solutions.
Key Market Trends
Technological Advancements
In recent years, technological advancements have played a pivotal role in fueling the growth and transformation of the global carbon fiber market. Carbon fiber, known for its exceptional strength-to-weight ratio and versatility, has seen increasing adoption across various industries owing to ongoing innovations in manufacturing processes, material development, and application techniques.One of the key drivers behind the expansion of the carbon fiber market is the evolution of manufacturing processes. Traditionally, carbon fiber production involved complex and energy-intensive procedures. However, significant advancements in carbon fiber manufacturing technologies have led to improved efficiency, scalability, and cost-effectiveness. Advanced techniques such as oxidative stabilization, carbonization, and graphitization have been refined to enhance fiber quality and properties. Automation and robotics have streamlined production processes, reducing labor costs and ensuring consistent fiber characteristics. These advancements have not only increased the supply of carbon fiber but have also lowered overall production costs, making carbon fiber more accessible to a wider range of industries.
The integration of nanotechnology and novel material innovations has opened up new possibilities for carbon fiber applications. Nanomaterials, such as carbon nanotubes and graphene, are being incorporated into carbon fiber composites to enhance their mechanical properties, conductivity, and durability. By leveraging nanotechnology, researchers are developing next-generation carbon fiber materials capable of withstanding extreme conditions and offering superior performance characteristics. These advancements are driving the adoption of carbon fiber in specialized applications within aerospace, automotive, and renewable energy sectors where high-performance materials are essential.
Technological advancements have enabled the production of tailored carbon fiber composites designed to meet specific application requirements. Manufacturers can now customize fiber orientations, resin matrices, and composite architectures to optimize strength, stiffness, and weight characteristics for different end-use applications. The ability to tailor carbon fiber composites has revolutionized product design and engineering across industries. Lightweight carbon fiber components are replacing traditional materials in automotive chassis, aircraft interiors, sporting goods, and consumer electronics, leading to improved performance, energy efficiency, and sustainability.
Simulation and testing technologies have played a crucial role in accelerating the adoption of carbon fiber in critical applications. Computer-aided design (CAD) software and finite element analysis (FEA) tools enable engineers to simulate and optimize the performance of carbon fiber structures under varying conditions. Virtual prototyping and testing allow for rapid iteration and refinement of designs, reducing time-to-market and development costs. Additionally, advanced non-destructive testing methods ensure the quality and integrity of carbon fiber components, further enhancing their reliability and safety in demanding environments.
Segmental Insights
Fiber Type Insights
Basedon the category of Fiber type, Virgin emerged as the dominant segment in the global market for Carbon Fiber in 2023.Virgin carbon fiber refers to fibers that are newly produced from precursor materials like polyacrylonitrile (PAN) or pitch, rather than being recycled or reclaimed from existing carbon fiber products. Virgin fibers generally exhibit superior quality and performance characteristics compared to recycled fibers. They have consistent properties, higher strength, and enhanced durability, making them preferred for critical applications in industries like aerospace, automotive, and sports equipment. Industries such as aerospace and defense often have stringent specifications and standards for materials used in manufacturing. Virgin carbon fiber meets these strict requirements reliably, ensuring consistent performance and safety in critical applications. Manufacturers prefer virgin fibers to comply with industry standards and maintain the integrity of their products. As technological advancements continue to drive innovations in carbon fiber applications, the demand for high-performance virgin fibers has increased. Emerging industries such as renewable energy (e.g., wind turbines) and infrastructure (e.g., construction) require carbon fibers with specific properties to meet the demands of modern engineering. Virgin fibers are often more suitable for these advanced applications due to their reliability and performance capabilities.
Application Insights
The Composite segment is projected to experience rapid growth during the forecast period. Carbon fiber-reinforced composites offer a compelling combination of lightweight properties and high strength compared to traditional materials like metals (e.g., steel or aluminum) or other plastics. This unique attribute makes carbon fiber composites highly desirable for applications where weight reduction is critical without compromising structural integrity. Industries such as automotive, aerospace, and wind energy are increasingly turning to carbon fiber composites to achieve lighter and more fuel-efficient vehicles, aircraft, and wind turbine components. Carbon fiber composites exhibit exceptional performance characteristics, including resistance to corrosion, fatigue, and impact. This makes them ideal for demanding applications in industries such as marine, sporting goods, and construction, where durability and reliability are paramount. The superior strength-to-weight ratio of carbon fiber composites enables the development of robust yet lightweight structures, leading to enhanced overall performance and longevity of end products. Another reason for the rapid growth of carbon fiber composites in the composite application segment is their inherent design flexibility and ability to be tailored to specific performance requirements. Manufacturers can engineer carbon fiber composites with precise mechanical properties by adjusting fiber orientation, weave patterns, and resin formulations. This customization capability allows for the creation of complex shapes and optimized structures that meet the exact needs of different applications, from automotive body panels to aerospace components.
Regional Insights
Europe emerged as the dominant region in the global Carbon Fiber market in 2023, holding the largest market share in terms of value. One of the primary reasons for Europe's dominance in the carbon fiber market is its advanced manufacturing capabilities. European countries, particularly Germany, the United Kingdom, France, and Italy, have a strong tradition of engineering excellence and technological innovation. These nations are home to leading carbon fiber manufacturers that have invested heavily in research and development, resulting in state-of-the-art production facilities capable of producing high-quality carbon fiber materials. European manufacturers have also pioneered innovative manufacturing processes that enhance efficiency and reduce production costs, making carbon fiber more accessible to a broader range of industries. Europe boasts robust aerospace and automotive sectors, both of which are major consumers of carbon fiber materials. The aerospace industry, in particular, has been at the forefront of carbon fiber adoption, utilizing composite materials in aircraft manufacturing to reduce weight and improve fuel efficiency. European aerospace companies like Airbus have driven significant demand for carbon fiber-reinforced plastics (CFRP) in aircraft structures, contributing to the growth of the carbon fiber market in the region. Similarly, Europe's automotive industry has embraced carbon fiber composites for lightweighting applications. With stringent emissions regulations and a growing focus on electric and hybrid vehicles, automakers in Europe have increasingly turned to carbon fiber to reduce vehicle weight and enhance performance. Major automotive manufacturers like BMW, Audi, and Porsche have incorporated carbon fiber components into their high-performance models, further boosting demand for carbon fiber in the region.
Key Market Players
Hexcel Corporation
Nippon Graphite Fiber Co., Ltd.
Toray Composite Materials America, Inc.
SGL Carbon SE
3M Co.
Mitsubishi Chemical Corporation
Teijin Carbon Europe GmbH
Arrow Technical Textiles Private Limited
DowAksa Advanced Composites Holdings BV
Kureha Corporation
Report Scope:
In this report, global carbon fiber market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
Carbon Fiber Market, By Raw Material:
Pan-Based
Pitch-Based
Rayon-Based
Carbon Fiber Market, By Product Type:
Continuous
Long
Short
Carbon Fiber Market, By Fiber Type:
Virgin
Recycled
Carbon Fiber Market, By Modulus:
Standard
Intermediate
High
Carbon Fiber Market, By Application:
Composite
Non-Composite
Carbon Fiber Market, By End Use Industry:
Automotive
Aerospace Defense
Wind Energy
Marine
Others
Carbon Fiber Market, By Region:
North America
United States
Mexico
Canada
Europe
France
Germany
United Kingdom
Spain
Italy
Belgium
Sweden
Asia-Pacific
China
India
South Korea
Japan
Malaysia
Thailand
South America
Brazil
Argentina
Middle East Africa
South Africa
Saudi Arabia
UAE
Competitive landscape
Company Profiles: Detailed analysis of the major companies present in global carbon fiber market.
Available Customizations:
Global carbon fiber market report with the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
In aerospace, carbon fiber is extensively used in aircraft manufacturing to reduce weight and enhance structural integrity. The defense industry also utilizes carbon fiber for various applications due to its strength and versatility. The wind energy sector has embraced carbon fiber for manufacturing turbine blades, as these materials are more efficient and durable in harsh environments. Carbon fiber's popularity in sports and leisure products such as bicycles, tennis rackets, and golf clubs has surged due to its ability to enhance performance.
Key Market Drivers
Growing Demand in Automotive and Aerospace Industries is Driving the Global Carbon Fiber Market
Carbon fiber, once a niche material primarily used in high-performance applications, is now witnessing surging demand driven largely by the automotive and aerospace industries. This trend is reshaping the global carbon fiber market landscape, with significant implications for both manufacturers and end-users.
In the automotive sector, the pursuit of light weighting has emerged as a critical strategy to enhance fuel efficiency, extend range, and reduce emissions. Carbon fiber's exceptional strength-to-weight ratio makes it an attractive alternative to traditional materials like steel and aluminum. By incorporating carbon fiber-reinforced composites (CFRP) into vehicle components such as chassis, body panels, and interiors, automakers can achieve substantial weight savings without compromising structural integrity or safety. Moreover, stringent regulatory requirements worldwide are driving automakers to adopt lightweight materials to meet fuel economy standards and emission targets. As electric and hybrid vehicles gain prominence, reducing vehicle weight becomes even more crucial for optimizing battery efficiency and performance. This has spurred a growing demand for carbon fiber in the automotive industry, with major manufacturers investing in carbon fiber production capacities to meet escalating market needs.
Similarly, the aerospace industry has been a significant driver of carbon fiber adoption. Aircraft manufacturers are increasingly turning to carbon fiber composites for constructing critical components like fuselages, wings, and interior structures. The aerospace sector values carbon fiber for its strength, stiffness, and fatigue resistance, essential properties for ensuring aircraft safety and performance. The use of carbon fiber in aircraft contributes to substantial weight reduction, which translates into enhanced fuel efficiency and increased payload capacity. As airlines seek to reduce operating costs and environmental impact, carbon fiber emerges as a compelling solution to achieve these objectives. Furthermore, advancements in carbon fiber technology have enabled the production of larger and more complex aerospace components, facilitating the development of next-generation aircraft designs.
The growing demand for carbon fiber in automotive and aerospace applications has profound implications for the global carbon fiber market. Manufacturers are expanding production capacities and investing in research and development to meet industry-specific requirements and capitalize on emerging opportunities. Moreover, advancements in manufacturing processes have driven down the cost of carbon fiber production, making it more economically viable for mass-market automotive applications. This cost reduction, coupled with rising consumer preferences for lightweight and high-performance vehicles, is further accelerating the adoption of carbon fiber in the automotive sector. In aerospace, carbon fiber's role is poised to expand beyond current applications as manufacturers explore novel ways to leverage its properties for advanced aircraft designs and sustainable aviation solutions. The aerospace industry's commitment to reducing carbon emissions and improving operational efficiency will continue to drive the demand for carbon fiber in the coming years.
Sustainability and Environmental Regulations is Driving the Global Carbon Fiber Market
The shift towards sustainability has become a driving force in shaping industrial practices worldwide. Manufacturers across diverse sectors, including automotive, aerospace, renewable energy, and consumer goods, are increasingly integrating sustainability goals into their operations. Carbon fiber, with its potential to reduce greenhouse gas emissions and energy consumption compared to traditional materials like steel and aluminum, has become a focal point for achieving sustainability targets. The production of carbon fiber involves processes that emit fewer pollutants and consume less energy compared to many other materials. For instance, the manufacturing of carbon fiber composites generally requires lower temperatures and shorter processing times, resulting in reduced carbon footprints. As companies seek to enhance their eco-friendly credentials, the demand for carbon fiber as a sustainable alternative has surged.
In addition to voluntary sustainability initiatives, stringent environmental regulations are compelling industries to adopt cleaner technologies and materials. Governments worldwide are implementing policies to curb carbon emissions and promote the use of eco-friendly materials in manufacturing. Carbon fiber's role in reducing vehicle weight and improving fuel efficiency has positioned it favorably amidst tightening automotive emissions standards. Environmental regulations also influence the choice of materials in aerospace, construction, and energy sectors. For instance, carbon fiber-reinforced plastics (CFRP) are increasingly employed in aircraft manufacturing to meet stringent emissions targets and noise regulations. In the construction industry, carbon fiber is being explored as a sustainable solution for enhancing structural strength and reducing the environmental impact of buildings.
The confluence of sustainability initiatives and regulatory pressures has propelled the adoption of carbon fiber across a wide range of industries. In automotive manufacturing, lightweight carbon fiber components are instrumental in achieving higher fuel efficiency and reducing vehicle emissions. Major automakers are investing in carbon fiber technologies to develop electric vehicles (EVs) with extended range and improved performance. Similarly, the aerospace industry is embracing carbon fiber composites to reduce aircraft weight and enhance operational efficiency. Carbon fiber's exceptional strength and corrosion resistance make it ideal for aircraft components, contributing to lower fuel consumption and reduced maintenance costs over the lifespan of an aircraft..
Key Market Challenges
Cost and Production Efficiency
One of the primary challenges facing the carbon fiber market is the high cost of production compared to traditional materials like steel or aluminum. The manufacturing process of carbon fiber involves complex and energy-intensive procedures, including precursor production, carbonization, and finishing. These processes contribute to higher production costs, making carbon fiber products relatively expensive. Improving production efficiency and reducing costs without compromising quality remains a significant hurdle for manufacturers. Innovations in raw material sourcing, process optimization, and recycling technologies are essential to address this challenge and enhance the competitiveness of carbon fiber in broader markets.
Market Diversification and Application Development
The carbon fiber market heavily relies on key industries such as aerospace, automotive, and wind energy for demand. Overdependence on specific sectors poses risks during economic downturns or market shifts affecting these industries. Diversifying market applications and exploring new sectors such as construction, sports and leisure, and consumer goods are essential strategies to reduce dependency and create new growth opportunities. However, penetrating these markets requires tailored product development, regulatory compliance, and extensive customer education to showcase the benefits of carbon fiber solutions.
Key Market Trends
Technological Advancements
In recent years, technological advancements have played a pivotal role in fueling the growth and transformation of the global carbon fiber market. Carbon fiber, known for its exceptional strength-to-weight ratio and versatility, has seen increasing adoption across various industries owing to ongoing innovations in manufacturing processes, material development, and application techniques.One of the key drivers behind the expansion of the carbon fiber market is the evolution of manufacturing processes. Traditionally, carbon fiber production involved complex and energy-intensive procedures. However, significant advancements in carbon fiber manufacturing technologies have led to improved efficiency, scalability, and cost-effectiveness. Advanced techniques such as oxidative stabilization, carbonization, and graphitization have been refined to enhance fiber quality and properties. Automation and robotics have streamlined production processes, reducing labor costs and ensuring consistent fiber characteristics. These advancements have not only increased the supply of carbon fiber but have also lowered overall production costs, making carbon fiber more accessible to a wider range of industries.
The integration of nanotechnology and novel material innovations has opened up new possibilities for carbon fiber applications. Nanomaterials, such as carbon nanotubes and graphene, are being incorporated into carbon fiber composites to enhance their mechanical properties, conductivity, and durability. By leveraging nanotechnology, researchers are developing next-generation carbon fiber materials capable of withstanding extreme conditions and offering superior performance characteristics. These advancements are driving the adoption of carbon fiber in specialized applications within aerospace, automotive, and renewable energy sectors where high-performance materials are essential.
Technological advancements have enabled the production of tailored carbon fiber composites designed to meet specific application requirements. Manufacturers can now customize fiber orientations, resin matrices, and composite architectures to optimize strength, stiffness, and weight characteristics for different end-use applications. The ability to tailor carbon fiber composites has revolutionized product design and engineering across industries. Lightweight carbon fiber components are replacing traditional materials in automotive chassis, aircraft interiors, sporting goods, and consumer electronics, leading to improved performance, energy efficiency, and sustainability.
Simulation and testing technologies have played a crucial role in accelerating the adoption of carbon fiber in critical applications. Computer-aided design (CAD) software and finite element analysis (FEA) tools enable engineers to simulate and optimize the performance of carbon fiber structures under varying conditions. Virtual prototyping and testing allow for rapid iteration and refinement of designs, reducing time-to-market and development costs. Additionally, advanced non-destructive testing methods ensure the quality and integrity of carbon fiber components, further enhancing their reliability and safety in demanding environments.
Segmental Insights
Fiber Type Insights
Basedon the category of Fiber type, Virgin emerged as the dominant segment in the global market for Carbon Fiber in 2023.Virgin carbon fiber refers to fibers that are newly produced from precursor materials like polyacrylonitrile (PAN) or pitch, rather than being recycled or reclaimed from existing carbon fiber products. Virgin fibers generally exhibit superior quality and performance characteristics compared to recycled fibers. They have consistent properties, higher strength, and enhanced durability, making them preferred for critical applications in industries like aerospace, automotive, and sports equipment. Industries such as aerospace and defense often have stringent specifications and standards for materials used in manufacturing. Virgin carbon fiber meets these strict requirements reliably, ensuring consistent performance and safety in critical applications. Manufacturers prefer virgin fibers to comply with industry standards and maintain the integrity of their products. As technological advancements continue to drive innovations in carbon fiber applications, the demand for high-performance virgin fibers has increased. Emerging industries such as renewable energy (e.g., wind turbines) and infrastructure (e.g., construction) require carbon fibers with specific properties to meet the demands of modern engineering. Virgin fibers are often more suitable for these advanced applications due to their reliability and performance capabilities.
Application Insights
The Composite segment is projected to experience rapid growth during the forecast period. Carbon fiber-reinforced composites offer a compelling combination of lightweight properties and high strength compared to traditional materials like metals (e.g., steel or aluminum) or other plastics. This unique attribute makes carbon fiber composites highly desirable for applications where weight reduction is critical without compromising structural integrity. Industries such as automotive, aerospace, and wind energy are increasingly turning to carbon fiber composites to achieve lighter and more fuel-efficient vehicles, aircraft, and wind turbine components. Carbon fiber composites exhibit exceptional performance characteristics, including resistance to corrosion, fatigue, and impact. This makes them ideal for demanding applications in industries such as marine, sporting goods, and construction, where durability and reliability are paramount. The superior strength-to-weight ratio of carbon fiber composites enables the development of robust yet lightweight structures, leading to enhanced overall performance and longevity of end products. Another reason for the rapid growth of carbon fiber composites in the composite application segment is their inherent design flexibility and ability to be tailored to specific performance requirements. Manufacturers can engineer carbon fiber composites with precise mechanical properties by adjusting fiber orientation, weave patterns, and resin formulations. This customization capability allows for the creation of complex shapes and optimized structures that meet the exact needs of different applications, from automotive body panels to aerospace components.
Regional Insights
Europe emerged as the dominant region in the global Carbon Fiber market in 2023, holding the largest market share in terms of value. One of the primary reasons for Europe's dominance in the carbon fiber market is its advanced manufacturing capabilities. European countries, particularly Germany, the United Kingdom, France, and Italy, have a strong tradition of engineering excellence and technological innovation. These nations are home to leading carbon fiber manufacturers that have invested heavily in research and development, resulting in state-of-the-art production facilities capable of producing high-quality carbon fiber materials. European manufacturers have also pioneered innovative manufacturing processes that enhance efficiency and reduce production costs, making carbon fiber more accessible to a broader range of industries. Europe boasts robust aerospace and automotive sectors, both of which are major consumers of carbon fiber materials. The aerospace industry, in particular, has been at the forefront of carbon fiber adoption, utilizing composite materials in aircraft manufacturing to reduce weight and improve fuel efficiency. European aerospace companies like Airbus have driven significant demand for carbon fiber-reinforced plastics (CFRP) in aircraft structures, contributing to the growth of the carbon fiber market in the region. Similarly, Europe's automotive industry has embraced carbon fiber composites for lightweighting applications. With stringent emissions regulations and a growing focus on electric and hybrid vehicles, automakers in Europe have increasingly turned to carbon fiber to reduce vehicle weight and enhance performance. Major automotive manufacturers like BMW, Audi, and Porsche have incorporated carbon fiber components into their high-performance models, further boosting demand for carbon fiber in the region.
Key Market Players
Hexcel Corporation
Nippon Graphite Fiber Co., Ltd.
Toray Composite Materials America, Inc.
SGL Carbon SE
3M Co.
Mitsubishi Chemical Corporation
Teijin Carbon Europe GmbH
Arrow Technical Textiles Private Limited
DowAksa Advanced Composites Holdings BV
Kureha Corporation
Report Scope:
In this report, global carbon fiber market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
Carbon Fiber Market, By Raw Material:
Pan-Based
Pitch-Based
Rayon-Based
Carbon Fiber Market, By Product Type:
Continuous
Long
Short
Carbon Fiber Market, By Fiber Type:
Virgin
Recycled
Carbon Fiber Market, By Modulus:
Standard
Intermediate
High
Carbon Fiber Market, By Application:
Composite
Non-Composite
Carbon Fiber Market, By End Use Industry:
Automotive
Aerospace Defense
Wind Energy
Marine
Others
Carbon Fiber Market, By Region:
North America
United States
Mexico
Canada
Europe
France
Germany
United Kingdom
Spain
Italy
Belgium
Sweden
Asia-Pacific
China
India
South Korea
Japan
Malaysia
Thailand
South America
Brazil
Argentina
Middle East Africa
South Africa
Saudi Arabia
UAE
Competitive landscape
Company Profiles: Detailed analysis of the major companies present in global carbon fiber market.
Available Customizations:
Global carbon fiber market report with the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
Detailed analysis and profiling of additional market players (up to five).
1.PRODUCT OVERVIEW
1.1.Market Definition
1.2.Scope of the Market
1.2.1.Markets Covered
1.2.2.Years Considered for Study
1.2.3.Key Market Segmentations
2.RESEARCH METHODOLOGY
2.1.Objective of the Study
2.2.Baseline Methodology
2.3.Key Industry Partners
2.4.Major Association and Secondary Sources
2.5.Forecasting Methodology
2.6.Data Triangulation Validation
2.7.Assumptions and Limitations
3.EXECUTIVE SUMMARY
3.1.Overview of the Market
3.2.Overview of Key Market Segmentations
3.3.Overview of Key Market Players
3.4.Overview of Key Regions/Countries
3.5.Overview of Market Drivers, Challenges, Trends
4.VOICE OF CUSTOMER
5.GLOBAL CARBON FIBER MARKET OUTLOOK
5.1.Market Size Forecast
5.1.1.By Value Volume
5.2.Market Share Forecast
5.2.1.By Raw Material (Pan-Based, Pitch-Based, Rayon-Based)
5.2.2.By Product Type (Continuous, Long, Short)
5.2.3.By Fiber Type (Virgin, Recycled)
5.2.4.By Modulus (Standard, Intermediate, High)
5.2.5.By Application (Composite, Non-Composite)
5.2.6.By End Use Industry (Automotive, Aerospace Defense, Wind Energy, Marine, Others)
5.2.7.By Region
5.2.8.By Company (2023)
5.3.Market Map
5.3.1.By Raw Material
5.3.2.By Product Type
5.3.3.By Fiber Type
5.3.4.By Modulus
5.3.5.By Application
5.3.6.By End Use Industry
5.3.7.By Region
6.NORTH AMERICA CARBON FIBER MARKET OUTLOOK
6.1.Market Size Forecast
6.1.1.By Value Volume
6.2.Market Share Forecast
6.2.1.By Raw Material
6.2.2.By Product Type
6.2.3.By Fiber Type
6.2.4.By Modulus
6.2.5.By Application
6.2.6.By End Use Industry
6.2.7.By Country
6.3.Pricing Analysis
6.4.North America: Country Analysis
6.4.1.United States Carbon Fiber Market Outlook
6.4.1.1.Market Size Forecast
6.4.1.1.1.By Value Volume
6.4.1.2.Market Share Forecast
6.4.1.2.1.By Raw Material
6.4.1.2.2.By Product Type
6.4.1.2.3.By Fiber Type
6.4.1.2.4.By Modulus
6.4.1.2.5.By Application
6.4.1.2.6.By End Use Industry
6.4.2.Mexico Carbon Fiber Market Outlook
6.4.2.1.Market Size Forecast
6.4.2.1.1.By Value Volume
6.4.2.2.Market Share Forecast
6.4.2.2.1.By Raw Material
6.4.2.2.2.By Product Type
6.4.2.2.3.By Fiber Type
6.4.2.2.4.By Modulus
6.4.2.2.5.By Application
6.4.2.2.6.By End Use Industry
6.4.3.Canada Carbon Fiber Market Outlook
6.4.3.1.Market Size Forecast
6.4.3.1.1.By Value Volume
6.4.3.2.Market Share Forecast
6.4.3.2.1.By Raw Material
6.4.3.2.2.By Product Type
6.4.3.2.3.By Fiber Type
6.4.3.2.4.By Modulus
6.4.3.2.5.By Application
6.4.3.2.6.By End Use Industry
7.EUROPE CARBON FIBER MARKET OUTLOOK
7.1.Market Size Forecast
7.1.1.By Value Volume
7.2.Market Share Forecast
7.2.1.By Raw Material
7.2.2.By Product Type
7.2.3.By Fiber Type
7.2.4.By Modulus
7.2.5.By Application
7.2.6.By End Use Industry
7.2.7.By Country
7.3.Pricing Analysis
7.4.Europe: Country Analysis
7.4.1.France Carbon Fiber Market Outlook
7.4.1.1.Market Size Forecast
7.4.1.1.1.By Value Volume
7.4.1.2.Market Share Forecast
7.4.1.2.1.By Raw Material
7.4.1.2.2.By Product Type
7.4.1.2.3.By Fiber Type
7.4.1.2.4.By Modulus
7.4.1.2.5.By Application
7.4.1.2.6.By End Use Industry
7.4.2.Germany Carbon Fiber Market Outlook
7.4.2.1.Market Size Forecast
7.4.2.1.1.By Value Volume
7.4.2.2.Market Share Forecast
7.4.2.2.1.By Raw Material
7.4.2.2.2.By Product Type
7.4.2.2.3.By Fiber Type
7.4.2.2.4.By Modulus
7.4.2.2.5.By Application
7.4.2.2.6.By End Use Industry
7.4.3.United Kingdom Carbon Fiber Market Outlook
7.4.3.1.Market Size Forecast
7.4.3.1.1.By Value Volume
7.4.3.2.Market Share Forecast
7.4.3.2.1.By Raw Material
7.4.3.2.2.By Product Type
7.4.3.2.3.By Fiber Type
7.4.3.2.4.By Modulus
7.4.3.2.5.By Application
7.4.3.2.6.By End Use Industry
7.4.4.Spain Carbon Fiber Market Outlook
7.4.4.1.Market Size Forecast
7.4.4.1.1.By Value Volume
7.4.4.2.Market Share Forecast
7.4.4.2.1.By Raw Material
7.4.4.2.2.By Product Type
7.4.4.2.3.By Fiber Type
7.4.4.2.4.By Modulus
7.4.4.2.5.By Application
7.4.4.2.6.By End Use Industry
7.4.5.ItalyCarbon Fiber Market Outlook
7.4.5.1.Market Size Forecast
7.4.5.1.1.By Value Volume
7.4.5.2.Market Share Forecast
7.4.5.2.1.By Raw Material
7.4.5.2.2.By Product Type
7.4.5.2.3.By Fiber Type
7.4.5.2.4.By Modulus
7.4.5.2.5.By Application
7.4.5.2.6.By End Use Industry
7.4.6.BelgiumCarbon Fiber Market Outlook
7.4.6.1.Market Size Forecast
7.4.6.1.1.By Value Volume
7.4.6.2.Market Share Forecast
7.4.6.2.1.By Raw Material
7.4.6.2.2.By Product Type
7.4.6.2.3.By Fiber Type
7.4.6.2.4.By Modulus
7.4.6.2.5.By Application
7.4.6.2.6.By End Use Industry
7.4.7.SwedenCarbon Fiber Market Outlook
7.4.7.1.Market Size Forecast
7.4.7.1.1.By Value Volume
7.4.7.2.Market Share Forecast
7.4.7.2.1.By Raw Material
7.4.7.2.2.By Product Type
7.4.7.2.3.By Fiber Type
7.4.7.2.4.By Modulus
7.4.7.2.5.By Application
7.4.7.2.6.By End Use Industry
8.ASIA-PACIFIC CARBON FIBER MARKET OUTLOOK
8.1.Market Size Forecast
8.1.1.By Value Volume
8.2.Market Share Forecast
8.2.1.By Raw Material
8.2.2.By Product Type
8.2.3.By Fiber Type
8.2.4.By Modulus
8.2.5.By Application
8.2.6.By End Use Industry
8.2.7.By Country
8.3.Pricing Analysis
8.4.Asia-Pacific: Country Analysis
8.4.1.China Carbon Fiber Market Outlook
8.4.1.1.Market Size Forecast
8.4.1.1.1.By Value Volume
8.4.1.2.Market Share Forecast
8.4.1.2.1.By Raw Material
8.4.1.2.2.By Product Type
8.4.1.2.3.By Fiber Type
8.4.1.2.4.By Modulus
8.4.1.2.5.By Application
8.4.1.2.6.By End Use Industry
8.4.2.India Carbon Fiber Market Outlook
8.4.2.1.Market Size Forecast
8.4.2.1.1.By Value Volume
8.4.2.2.Market Share Forecast
8.4.2.2.1.By Raw Material
8.4.2.2.2.By Product Type
8.4.2.2.3.By Fiber Type
8.4.2.2.4.By Modulus
8.4.2.2.5.By Application
8.4.2.2.6.By End Use Industry
8.4.3.South Korea Carbon Fiber Market Outlook
8.4.3.1.Market Size Forecast
8.4.3.1.1.By Value Volume
8.4.3.2.Market Share Forecast
8.4.3.2.1.By Raw Material
8.4.3.2.2.By Product Type
8.4.3.2.3.By Fiber Type
8.4.3.2.4.By Modulus
8.4.3.2.5.By Application
8.4.3.2.6.By End Use Industry
8.4.4.Japan Carbon Fiber Market Outlook
8.4.4.1.Market Size Forecast
8.4.4.1.1.By Value Volume
8.4.4.2.Market Share Forecast
8.4.4.2.1.By Raw Material
8.4.4.2.2.By Product Type
8.4.4.2.3.By Fiber Type
8.4.4.2.4.By Modulus
8.4.4.2.5.By Application
8.4.4.2.6.By End Use Industry
8.4.5.Malaysia Carbon Fiber Market Outlook
8.4.5.1.Market Size Forecast
8.4.5.1.1.By Value Volume
8.4.5.2.Market Share Forecast
8.4.5.2.1.By Raw Material
8.4.5.2.2.By Product Type
8.4.5.2.3.By Fiber Type
8.4.5.2.4.By Modulus
8.4.5.2.5.By Application
8.4.5.2.6.By End Use Industry
8.4.6.Thailand Carbon Fiber Market Outlook
8.4.6.1.Market Size Forecast
8.4.6.1.1.By Value Volume
8.4.6.2.Market Share Forecast
8.4.6.2.1.By Raw Material
8.4.6.2.2.By Product Type
8.4.6.2.3.By Fiber Type
8.4.6.2.4.By Modulus
8.4.6.2.5.By Application
8.4.6.2.6.By End Use Industry
9.SOUTH AMERICA CARBON FIBER MARKET OUTLOOK
9.1.Market Size Forecast
9.1.1.By Value Volume
9.2.Market Share Forecast
9.2.1.By Raw Material
9.2.2.By Product Type
9.2.3.By Fiber Type
9.2.4.By Modulus
9.2.5.By Application
9.2.6.By End Use Industry
9.2.7.By Country
9.3.Pricing Analysis
9.4.South America: Country Analysis
9.4.1.Brazil Carbon Fiber Market Outlook
9.4.1.1.Market Size Forecast
9.4.1.1.1.By Value Volume
9.4.1.2.Market Share Forecast
9.4.1.2.1.By Raw Material
9.4.1.2.2.By Product Type
9.4.1.2.3.By Fiber Type
9.4.1.2.4.By Modulus
9.4.1.2.5.By Application
9.4.1.2.6.By End Use Industry
9.4.2.Argentina Carbon Fiber Market Outlook
9.4.2.1.Market Size Forecast
9.4.2.1.1.By Value Volume
9.4.2.2.Market Share Forecast
9.4.2.2.1.By Raw Material
9.4.2.2.2.By Product Type
9.4.2.2.3.By Fiber Type
9.4.2.2.4.By Modulus
9.4.2.2.5.By Application
9.4.2.2.6.By End Use Industry
10.MIDDLE EAST AND AFRICA CARBON FIBER MARKET OUTLOOK
10.1.Market Size Forecast
10.1.1.By Value Volume
10.2.Market Share Forecast
10.2.1.By Raw Material
10.2.2.By Product Type
10.2.3.By Fiber Type
10.2.4.By Modulus
10.2.5.By Application
10.2.6.By End Use Industry
10.2.7.By Country
10.3.Pricing Analysis
10.4.MEA: Country Analysis
10.4.1.South Africa Carbon Fiber Market Outlook
10.4.1.1.Market Size Forecast
10.4.1.1.1.By Value Volume
10.4.1.2.Market Share Forecast
10.4.1.2.1.By Raw Material
10.4.1.2.2.By Product Type
10.4.1.2.3.By Fiber Type
10.4.1.2.4.By Modulus
10.4.1.2.5.By Application
10.4.1.2.6.By End Use Industry
10.4.2.Saudi Arabia Carbon Fiber Market Outlook
10.4.2.1.Market Size Forecast
10.4.2.1.1.By Value Volume
10.4.2.2.Market Share Forecast
10.4.2.2.1.By Raw Material
10.4.2.2.2.By Product Type
10.4.2.2.3.By Fiber Type
10.4.2.2.4.By Modulus
10.4.2.2.5.By Application
10.4.2.2.6.By End Use Industry
10.4.3.UAE Carbon Fiber Market Outlook
10.4.3.1.Market Size Forecast
10.4.3.1.1.By Value Volume
10.4.3.2.Market Share Forecast
10.4.3.2.1.By Raw Material
10.4.3.2.2.By Product Type
10.4.3.2.3.By Fiber Type
10.4.3.2.4.By Modulus
10.4.3.2.5.By Application
10.4.3.2.6.By End Use Industry
11.MARKET DYNAMICS
11.1.Drivers
11.2.Challenges
12.MARKET TRENDS DEVELOPMENTS
12.1.Product Launches
12.2.Merger’s Acquisitions
12.3.Technological Advancements
13.GLOBAL CARBON FIBER MARKET: SWOT ANALYSIS
14.PORTER’S FIVE FORCES ANALYSIS
14.1.Competition in the Industry
14.2.Potential of New Entrants
14.3.Power of Suppliers
14.4.Power of Customers
14.5.Threat of Substitute Products
15.COMPETITIVE LANDSCAPE
15.1.Hexcel Corporation
15.1.1.Business Overview
15.1.2.Company Snapshot
15.1.3.Products Services
15.1.4.Financials (As Reported)
15.1.5.RecentDevelopments
15.1.6.Key Personnel Details
15.1.7.SWOT Analysis
15.2.Nippon Graphite Fiber Co., Ltd.
15.3.Toray Composite Materials America, Inc.
15.4.SGL Carbon SE
15.5.3M Co.
15.6.Mitsubishi Chemical Corporation
15.7.Teijin Carbon Europe GmbH
15.8.Arrow Technical Textiles Private Limited
15.9.DowAksa Advanced Composites Holdings BV
15.10.Kureha Corporation
16.STRATEGIC RECOMMENDATIONS
17. ABOUT US DISCLAIMER
1.1.Market Definition
1.2.Scope of the Market
1.2.1.Markets Covered
1.2.2.Years Considered for Study
1.2.3.Key Market Segmentations
2.RESEARCH METHODOLOGY
2.1.Objective of the Study
2.2.Baseline Methodology
2.3.Key Industry Partners
2.4.Major Association and Secondary Sources
2.5.Forecasting Methodology
2.6.Data Triangulation Validation
2.7.Assumptions and Limitations
3.EXECUTIVE SUMMARY
3.1.Overview of the Market
3.2.Overview of Key Market Segmentations
3.3.Overview of Key Market Players
3.4.Overview of Key Regions/Countries
3.5.Overview of Market Drivers, Challenges, Trends
4.VOICE OF CUSTOMER
5.GLOBAL CARBON FIBER MARKET OUTLOOK
5.1.Market Size Forecast
5.1.1.By Value Volume
5.2.Market Share Forecast
5.2.1.By Raw Material (Pan-Based, Pitch-Based, Rayon-Based)
5.2.2.By Product Type (Continuous, Long, Short)
5.2.3.By Fiber Type (Virgin, Recycled)
5.2.4.By Modulus (Standard, Intermediate, High)
5.2.5.By Application (Composite, Non-Composite)
5.2.6.By End Use Industry (Automotive, Aerospace Defense, Wind Energy, Marine, Others)
5.2.7.By Region
5.2.8.By Company (2023)
5.3.Market Map
5.3.1.By Raw Material
5.3.2.By Product Type
5.3.3.By Fiber Type
5.3.4.By Modulus
5.3.5.By Application
5.3.6.By End Use Industry
5.3.7.By Region
6.NORTH AMERICA CARBON FIBER MARKET OUTLOOK
6.1.Market Size Forecast
6.1.1.By Value Volume
6.2.Market Share Forecast
6.2.1.By Raw Material
6.2.2.By Product Type
6.2.3.By Fiber Type
6.2.4.By Modulus
6.2.5.By Application
6.2.6.By End Use Industry
6.2.7.By Country
6.3.Pricing Analysis
6.4.North America: Country Analysis
6.4.1.United States Carbon Fiber Market Outlook
6.4.1.1.Market Size Forecast
6.4.1.1.1.By Value Volume
6.4.1.2.Market Share Forecast
6.4.1.2.1.By Raw Material
6.4.1.2.2.By Product Type
6.4.1.2.3.By Fiber Type
6.4.1.2.4.By Modulus
6.4.1.2.5.By Application
6.4.1.2.6.By End Use Industry
6.4.2.Mexico Carbon Fiber Market Outlook
6.4.2.1.Market Size Forecast
6.4.2.1.1.By Value Volume
6.4.2.2.Market Share Forecast
6.4.2.2.1.By Raw Material
6.4.2.2.2.By Product Type
6.4.2.2.3.By Fiber Type
6.4.2.2.4.By Modulus
6.4.2.2.5.By Application
6.4.2.2.6.By End Use Industry
6.4.3.Canada Carbon Fiber Market Outlook
6.4.3.1.Market Size Forecast
6.4.3.1.1.By Value Volume
6.4.3.2.Market Share Forecast
6.4.3.2.1.By Raw Material
6.4.3.2.2.By Product Type
6.4.3.2.3.By Fiber Type
6.4.3.2.4.By Modulus
6.4.3.2.5.By Application
6.4.3.2.6.By End Use Industry
7.EUROPE CARBON FIBER MARKET OUTLOOK
7.1.Market Size Forecast
7.1.1.By Value Volume
7.2.Market Share Forecast
7.2.1.By Raw Material
7.2.2.By Product Type
7.2.3.By Fiber Type
7.2.4.By Modulus
7.2.5.By Application
7.2.6.By End Use Industry
7.2.7.By Country
7.3.Pricing Analysis
7.4.Europe: Country Analysis
7.4.1.France Carbon Fiber Market Outlook
7.4.1.1.Market Size Forecast
7.4.1.1.1.By Value Volume
7.4.1.2.Market Share Forecast
7.4.1.2.1.By Raw Material
7.4.1.2.2.By Product Type
7.4.1.2.3.By Fiber Type
7.4.1.2.4.By Modulus
7.4.1.2.5.By Application
7.4.1.2.6.By End Use Industry
7.4.2.Germany Carbon Fiber Market Outlook
7.4.2.1.Market Size Forecast
7.4.2.1.1.By Value Volume
7.4.2.2.Market Share Forecast
7.4.2.2.1.By Raw Material
7.4.2.2.2.By Product Type
7.4.2.2.3.By Fiber Type
7.4.2.2.4.By Modulus
7.4.2.2.5.By Application
7.4.2.2.6.By End Use Industry
7.4.3.United Kingdom Carbon Fiber Market Outlook
7.4.3.1.Market Size Forecast
7.4.3.1.1.By Value Volume
7.4.3.2.Market Share Forecast
7.4.3.2.1.By Raw Material
7.4.3.2.2.By Product Type
7.4.3.2.3.By Fiber Type
7.4.3.2.4.By Modulus
7.4.3.2.5.By Application
7.4.3.2.6.By End Use Industry
7.4.4.Spain Carbon Fiber Market Outlook
7.4.4.1.Market Size Forecast
7.4.4.1.1.By Value Volume
7.4.4.2.Market Share Forecast
7.4.4.2.1.By Raw Material
7.4.4.2.2.By Product Type
7.4.4.2.3.By Fiber Type
7.4.4.2.4.By Modulus
7.4.4.2.5.By Application
7.4.4.2.6.By End Use Industry
7.4.5.ItalyCarbon Fiber Market Outlook
7.4.5.1.Market Size Forecast
7.4.5.1.1.By Value Volume
7.4.5.2.Market Share Forecast
7.4.5.2.1.By Raw Material
7.4.5.2.2.By Product Type
7.4.5.2.3.By Fiber Type
7.4.5.2.4.By Modulus
7.4.5.2.5.By Application
7.4.5.2.6.By End Use Industry
7.4.6.BelgiumCarbon Fiber Market Outlook
7.4.6.1.Market Size Forecast
7.4.6.1.1.By Value Volume
7.4.6.2.Market Share Forecast
7.4.6.2.1.By Raw Material
7.4.6.2.2.By Product Type
7.4.6.2.3.By Fiber Type
7.4.6.2.4.By Modulus
7.4.6.2.5.By Application
7.4.6.2.6.By End Use Industry
7.4.7.SwedenCarbon Fiber Market Outlook
7.4.7.1.Market Size Forecast
7.4.7.1.1.By Value Volume
7.4.7.2.Market Share Forecast
7.4.7.2.1.By Raw Material
7.4.7.2.2.By Product Type
7.4.7.2.3.By Fiber Type
7.4.7.2.4.By Modulus
7.4.7.2.5.By Application
7.4.7.2.6.By End Use Industry
8.ASIA-PACIFIC CARBON FIBER MARKET OUTLOOK
8.1.Market Size Forecast
8.1.1.By Value Volume
8.2.Market Share Forecast
8.2.1.By Raw Material
8.2.2.By Product Type
8.2.3.By Fiber Type
8.2.4.By Modulus
8.2.5.By Application
8.2.6.By End Use Industry
8.2.7.By Country
8.3.Pricing Analysis
8.4.Asia-Pacific: Country Analysis
8.4.1.China Carbon Fiber Market Outlook
8.4.1.1.Market Size Forecast
8.4.1.1.1.By Value Volume
8.4.1.2.Market Share Forecast
8.4.1.2.1.By Raw Material
8.4.1.2.2.By Product Type
8.4.1.2.3.By Fiber Type
8.4.1.2.4.By Modulus
8.4.1.2.5.By Application
8.4.1.2.6.By End Use Industry
8.4.2.India Carbon Fiber Market Outlook
8.4.2.1.Market Size Forecast
8.4.2.1.1.By Value Volume
8.4.2.2.Market Share Forecast
8.4.2.2.1.By Raw Material
8.4.2.2.2.By Product Type
8.4.2.2.3.By Fiber Type
8.4.2.2.4.By Modulus
8.4.2.2.5.By Application
8.4.2.2.6.By End Use Industry
8.4.3.South Korea Carbon Fiber Market Outlook
8.4.3.1.Market Size Forecast
8.4.3.1.1.By Value Volume
8.4.3.2.Market Share Forecast
8.4.3.2.1.By Raw Material
8.4.3.2.2.By Product Type
8.4.3.2.3.By Fiber Type
8.4.3.2.4.By Modulus
8.4.3.2.5.By Application
8.4.3.2.6.By End Use Industry
8.4.4.Japan Carbon Fiber Market Outlook
8.4.4.1.Market Size Forecast
8.4.4.1.1.By Value Volume
8.4.4.2.Market Share Forecast
8.4.4.2.1.By Raw Material
8.4.4.2.2.By Product Type
8.4.4.2.3.By Fiber Type
8.4.4.2.4.By Modulus
8.4.4.2.5.By Application
8.4.4.2.6.By End Use Industry
8.4.5.Malaysia Carbon Fiber Market Outlook
8.4.5.1.Market Size Forecast
8.4.5.1.1.By Value Volume
8.4.5.2.Market Share Forecast
8.4.5.2.1.By Raw Material
8.4.5.2.2.By Product Type
8.4.5.2.3.By Fiber Type
8.4.5.2.4.By Modulus
8.4.5.2.5.By Application
8.4.5.2.6.By End Use Industry
8.4.6.Thailand Carbon Fiber Market Outlook
8.4.6.1.Market Size Forecast
8.4.6.1.1.By Value Volume
8.4.6.2.Market Share Forecast
8.4.6.2.1.By Raw Material
8.4.6.2.2.By Product Type
8.4.6.2.3.By Fiber Type
8.4.6.2.4.By Modulus
8.4.6.2.5.By Application
8.4.6.2.6.By End Use Industry
9.SOUTH AMERICA CARBON FIBER MARKET OUTLOOK
9.1.Market Size Forecast
9.1.1.By Value Volume
9.2.Market Share Forecast
9.2.1.By Raw Material
9.2.2.By Product Type
9.2.3.By Fiber Type
9.2.4.By Modulus
9.2.5.By Application
9.2.6.By End Use Industry
9.2.7.By Country
9.3.Pricing Analysis
9.4.South America: Country Analysis
9.4.1.Brazil Carbon Fiber Market Outlook
9.4.1.1.Market Size Forecast
9.4.1.1.1.By Value Volume
9.4.1.2.Market Share Forecast
9.4.1.2.1.By Raw Material
9.4.1.2.2.By Product Type
9.4.1.2.3.By Fiber Type
9.4.1.2.4.By Modulus
9.4.1.2.5.By Application
9.4.1.2.6.By End Use Industry
9.4.2.Argentina Carbon Fiber Market Outlook
9.4.2.1.Market Size Forecast
9.4.2.1.1.By Value Volume
9.4.2.2.Market Share Forecast
9.4.2.2.1.By Raw Material
9.4.2.2.2.By Product Type
9.4.2.2.3.By Fiber Type
9.4.2.2.4.By Modulus
9.4.2.2.5.By Application
9.4.2.2.6.By End Use Industry
10.MIDDLE EAST AND AFRICA CARBON FIBER MARKET OUTLOOK
10.1.Market Size Forecast
10.1.1.By Value Volume
10.2.Market Share Forecast
10.2.1.By Raw Material
10.2.2.By Product Type
10.2.3.By Fiber Type
10.2.4.By Modulus
10.2.5.By Application
10.2.6.By End Use Industry
10.2.7.By Country
10.3.Pricing Analysis
10.4.MEA: Country Analysis
10.4.1.South Africa Carbon Fiber Market Outlook
10.4.1.1.Market Size Forecast
10.4.1.1.1.By Value Volume
10.4.1.2.Market Share Forecast
10.4.1.2.1.By Raw Material
10.4.1.2.2.By Product Type
10.4.1.2.3.By Fiber Type
10.4.1.2.4.By Modulus
10.4.1.2.5.By Application
10.4.1.2.6.By End Use Industry
10.4.2.Saudi Arabia Carbon Fiber Market Outlook
10.4.2.1.Market Size Forecast
10.4.2.1.1.By Value Volume
10.4.2.2.Market Share Forecast
10.4.2.2.1.By Raw Material
10.4.2.2.2.By Product Type
10.4.2.2.3.By Fiber Type
10.4.2.2.4.By Modulus
10.4.2.2.5.By Application
10.4.2.2.6.By End Use Industry
10.4.3.UAE Carbon Fiber Market Outlook
10.4.3.1.Market Size Forecast
10.4.3.1.1.By Value Volume
10.4.3.2.Market Share Forecast
10.4.3.2.1.By Raw Material
10.4.3.2.2.By Product Type
10.4.3.2.3.By Fiber Type
10.4.3.2.4.By Modulus
10.4.3.2.5.By Application
10.4.3.2.6.By End Use Industry
11.MARKET DYNAMICS
11.1.Drivers
11.2.Challenges
12.MARKET TRENDS DEVELOPMENTS
12.1.Product Launches
12.2.Merger’s Acquisitions
12.3.Technological Advancements
13.GLOBAL CARBON FIBER MARKET: SWOT ANALYSIS
14.PORTER’S FIVE FORCES ANALYSIS
14.1.Competition in the Industry
14.2.Potential of New Entrants
14.3.Power of Suppliers
14.4.Power of Customers
14.5.Threat of Substitute Products
15.COMPETITIVE LANDSCAPE
15.1.Hexcel Corporation
15.1.1.Business Overview
15.1.2.Company Snapshot
15.1.3.Products Services
15.1.4.Financials (As Reported)
15.1.5.RecentDevelopments
15.1.6.Key Personnel Details
15.1.7.SWOT Analysis
15.2.Nippon Graphite Fiber Co., Ltd.
15.3.Toray Composite Materials America, Inc.
15.4.SGL Carbon SE
15.5.3M Co.
15.6.Mitsubishi Chemical Corporation
15.7.Teijin Carbon Europe GmbH
15.8.Arrow Technical Textiles Private Limited
15.9.DowAksa Advanced Composites Holdings BV
15.10.Kureha Corporation
16.STRATEGIC RECOMMENDATIONS
17. ABOUT US DISCLAIMER
