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Home > Reports > Chemical & Material > Global Carbon Fiber Market Research Report 2025

Global Carbon Fiber Market Research Report 2025

Industry: Chemical & Material

Published: 2025-04-03

Pages: 112 Pages

Report ld: 3470650

Description
Table of Contents
Table of Figures
Related Reports
PDF Download

Description
Table of Contents
Table of Figures
Related Reports
PDF Download

Description

The global market for Carbon Fiber was valued at US$ 3408 million in the year 2024 and is projected to reach a revised size of US$ 7764 million by 2031, growing at a CAGR of 13.3% during the forecast period.

Carbon fiber is a strong, lightweight material made primarily of carbon atoms that are bonded together in a crystalline structure. It is produced by heating polyacrylonitrile (PAN) or other precursor materials to high temperatures in a process called pyrolysis. The carbon atoms are aligned in long, thin strands, giving carbon fiber its exceptional strength-to-weight ratio, stiffness, and resistance to heat and corrosion. Carbon fiber is widely used in various industries, including aerospace, automotive, sports equipment, and renewable energy, due to its superior properties compared to traditional materials like steel and aluminum.

Carbon Fiber Market Size(US$)

M= millions and B=billions

The global carbon fiber capacity is expected to continue growing as industries increasingly recognize the material’s advantages in terms of strength, weight, and sustainability. However, challenges remain, such as high production costs and the need for new manufacturing technologies. In the future, innovations in recycling and reusing carbon fiber are likely to further drive the expansion of the market, making carbon fiber more cost-effective and sustainable. Producers like Toray, SGL Carbon, Mitsubishi Chemical and some new companies in China are actively to invest in new capacity.

Market Drivers:
Growing Demand for Lightweight Materials: The automotive, aerospace, and sports industries are increasingly adopting carbon fiber due to its high strength-to-weight ratio. It helps improve fuel efficiency in vehicles and aircraft, which is driving its demand.

Environmental Benefits: Carbon fiber components contribute to reducing the carbon footprint of vehicles and industrial machinery by enabling lighter designs, which consume less energy.

Advancements in Manufacturing Technologies: The development of cost-effective manufacturing processes, such as automated fiber placement and 3D printing, is helping reduce production costs and make carbon fiber more accessible for mass production.

Increasing Adoption in Renewable Energy: Carbon fiber is being used in wind turbine blades, where its strength and lightness help improve the efficiency of renewable energy systems. This contributes to the growth of carbon fiber demand in the energy sector.

Aerospace and Defense Sector: The demand for advanced materials in military and commercial aerospace applications continues to drive market growth. Carbon fiber's use in fuselages, wings, and other critical components is growing due to its superior performance characteristics.

High-Performance Sports Equipment: The demand for high-quality sporting goods such as bicycles, golf clubs, tennis rackets, and skis is driving the adoption of carbon fiber.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Carbon Fiber, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carbon Fiber.

The Carbon Fiber market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Carbon Fiber market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Carbon Fiber manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Report Metric
Details
Report Title
Global Carbon Fiber Market Research Report 2025
Forecasted Market Size in 2031
US$ 7764 million
CAGR(2025-2031)
13.3%
Market Size Available for Years
2025-2031
Global Carbon Fiber Companies Covered
Toray
MCCFC
Teijin
Hexcel
Hyosung Advanced Materials
SGL Carbon
Formosa Plastics
DowAksa
Syensqo
UMATEX
Taekwang Industrial
Zhongfu Shenying
Jilin Chemical Fiber
Baowu Carbon
Weihai Guangwei Composites
Sinofibers Technology
Jiangsu Hengshen
Newtech Group
Global Carbon Fiber Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Carbon Fiber Market, Segment by Type
Regular-Tow Carbon Fiber
Large-Tow Carbon Fiber
Global Carbon Fiber Market, Segment by Application
Wind Energy
Sports/Leisure
Aerospace and Defense
Pressure Vessel
Automotive
Other
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Carbon Fiber manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Carbon Fiber by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Carbon Fiber in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

Table of Contents

1 Carbon Fiber Market Overview
    1.1 Product Definition
    1.2 Carbon Fiber by Type
        1.2.1 Global Carbon Fiber Market Value Growth Rate Analysis by Type: 2024 VS 2031
        1.2.2 Regular-Tow Carbon Fiber
        1.2.3 Large-Tow Carbon Fiber
    1.3 Carbon Fiber by Application
        1.3.1 Global Carbon Fiber Market Value Growth Rate Analysis by Application: 2024 VS 2031
        1.3.2 Wind Energy
        1.3.3 Sports/Leisure
        1.3.4 Aerospace and Defense
        1.3.5 Pressure Vessel
        1.3.6 Automotive
        1.3.7 Other
    1.4 Global Market Growth Prospects
        1.4.1 Global Carbon Fiber Production Value Estimates and Forecasts (2020-2031)
        1.4.2 Global Carbon Fiber Production Capacity Estimates and Forecasts (2020-2031)
        1.4.3 Global Carbon Fiber Production Estimates and Forecasts (2020-2031)
        1.4.4 Global Carbon Fiber Market Average Price Estimates and Forecasts (2020-2031)
    1.5 Assumptions and Limitations

2 Market Competition by Manufacturers
    2.1 Global Carbon Fiber Production Market Share by Manufacturers (2020-2025)
    2.2 Global Carbon Fiber Production Value Market Share by Manufacturers (2020-2025)
    2.3 Global Key Players of Carbon Fiber, Industry Ranking, 2023 VS 2024
    2.4 Global Carbon Fiber Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    2.5 Global Carbon Fiber Average Price by Manufacturers (2020-2025)
    2.6 Global Key Manufacturers of Carbon Fiber, Manufacturing Base Distribution and Headquarters
    2.7 Global Key Manufacturers of Carbon Fiber, Product Offered and Application
    2.8 Global Key Manufacturers of Carbon Fiber, Date of Enter into This Industry
    2.9 Carbon Fiber Market Competitive Situation and Trends
        2.9.1 Carbon Fiber Market Concentration Rate
        2.9.2 Global 5 and 10 Largest Carbon Fiber Players Market Share by Revenue
    2.10 Mergers & Acquisitions, Expansion

3 Carbon Fiber Production by Region
    3.1 Global Carbon Fiber Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
    3.2 Global Carbon Fiber Production Value by Region (2020-2031)
        3.2.1 Global Carbon Fiber Production Value by Region (2020-2025)
        3.2.2 Global Forecasted Production Value of Carbon Fiber by Region (2026-2031)
    3.3 Global Carbon Fiber Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
    3.4 Global Carbon Fiber Production Volume by Region (2020-2031)
        3.4.1 Global Carbon Fiber Production by Region (2020-2025)
        3.4.2 Global Forecasted Production of Carbon Fiber by Region (2026-2031)
    3.5 Global Carbon Fiber Market Price Analysis by Region (2020-2025)
    3.6 Global Carbon Fiber Production and Value, Year-over-Year Growth
        3.6.1 North America Carbon Fiber Production Value Estimates and Forecasts (2020-2031)
        3.6.2 Europe Carbon Fiber Production Value Estimates and Forecasts (2020-2031)
        3.6.3 China Carbon Fiber Production Value Estimates and Forecasts (2020-2031)
        3.6.4 Japan Carbon Fiber Production Value Estimates and Forecasts (2020-2031)
        3.6.5 South Korea Carbon Fiber Production Value Estimates and Forecasts (2020-2031)

4 Carbon Fiber Consumption by Region
    4.1 Global Carbon Fiber Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
    4.2 Global Carbon Fiber Consumption by Region (2020-2031)
        4.2.1 Global Carbon Fiber Consumption by Region (2020-2025)
        4.2.2 Global Carbon Fiber Forecasted Consumption by Region (2026-2031)
    4.3 North America
        4.3.1 North America Carbon Fiber Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
        4.3.2 North America Carbon Fiber Consumption by Country (2020-2031)
        4.3.3 U.S.
        4.3.4 Canada
    4.4 Europe
        4.4.1 Europe Carbon Fiber Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
        4.4.2 Europe Carbon Fiber Consumption by Country (2020-2031)
        4.4.3 Germany
        4.4.4 France
        4.4.5 U.K.
        4.4.6 Italy
        4.4.7 Russia
    4.5 Asia Pacific
        4.5.1 Asia Pacific Carbon Fiber Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
        4.5.2 Asia Pacific Carbon Fiber Consumption by Region (2020-2031)
        4.5.3 China
        4.5.4 Japan
        4.5.5 South Korea
        4.5.6 China Taiwan
        4.5.7 Southeast Asia
        4.5.8 India
    4.6 Latin America, Middle East & Africa
        4.6.1 Latin America, Middle East & Africa Carbon Fiber Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
        4.6.2 Latin America, Middle East & Africa Carbon Fiber Consumption by Country (2020-2031)
        4.6.3 Mexico
        4.6.4 Brazil
        4.6.5 Turkey
        4.6.6 GCC Countries

5 Segment by Type
    5.1 Global Carbon Fiber Production by Type (2020-2031)
        5.1.1 Global Carbon Fiber Production by Type (2020-2025)
        5.1.2 Global Carbon Fiber Production by Type (2026-2031)
        5.1.3 Global Carbon Fiber Production Market Share by Type (2020-2031)
    5.2 Global Carbon Fiber Production Value by Type (2020-2031)
        5.2.1 Global Carbon Fiber Production Value by Type (2020-2025)
        5.2.2 Global Carbon Fiber Production Value by Type (2026-2031)
        5.2.3 Global Carbon Fiber Production Value Market Share by Type (2020-2031)
    5.3 Global Carbon Fiber Price by Type (2020-2031)

6 Segment by Application
    6.1 Global Carbon Fiber Production by Application (2020-2031)
        6.1.1 Global Carbon Fiber Production by Application (2020-2025)
        6.1.2 Global Carbon Fiber Production by Application (2026-2031)
        6.1.3 Global Carbon Fiber Production Market Share by Application (2020-2031)
    6.2 Global Carbon Fiber Production Value by Application (2020-2031)
        6.2.1 Global Carbon Fiber Production Value by Application (2020-2025)
        6.2.2 Global Carbon Fiber Production Value by Application (2026-2031)
        6.2.3 Global Carbon Fiber Production Value Market Share by Application (2020-2031)
    6.3 Global Carbon Fiber Price by Application (2020-2031)

7 Key Companies Profiled
    7.1 Toray
        7.1.1 Toray Carbon Fiber Company Information
        7.1.2 Toray Carbon Fiber Product Portfolio
        7.1.3 Toray Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.1.4 Toray Main Business and Markets Served
        7.1.5 Toray Recent Developments/Updates
    7.2 MCCFC
        7.2.1 MCCFC Carbon Fiber Company Information
        7.2.2 MCCFC Carbon Fiber Product Portfolio
        7.2.3 MCCFC Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.2.4 MCCFC Main Business and Markets Served
        7.2.5 MCCFC Recent Developments/Updates
    7.3 Teijin
        7.3.1 Teijin Carbon Fiber Company Information
        7.3.2 Teijin Carbon Fiber Product Portfolio
        7.3.3 Teijin Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.3.4 Teijin Main Business and Markets Served
        7.3.5 Teijin Recent Developments/Updates
    7.4 Hexcel
        7.4.1 Hexcel Carbon Fiber Company Information
        7.4.2 Hexcel Carbon Fiber Product Portfolio
        7.4.3 Hexcel Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.4.4 Hexcel Main Business and Markets Served
        7.4.5 Hexcel Recent Developments/Updates
    7.5 Hyosung Advanced Materials
        7.5.1 Hyosung Advanced Materials Carbon Fiber Company Information
        7.5.2 Hyosung Advanced Materials Carbon Fiber Product Portfolio
        7.5.3 Hyosung Advanced Materials Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.5.4 Hyosung Advanced Materials Main Business and Markets Served
        7.5.5 Hyosung Advanced Materials Recent Developments/Updates
    7.6 SGL Carbon
        7.6.1 SGL Carbon Carbon Fiber Company Information
        7.6.2 SGL Carbon Carbon Fiber Product Portfolio
        7.6.3 SGL Carbon Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.6.4 SGL Carbon Main Business and Markets Served
        7.6.5 SGL Carbon Recent Developments/Updates
    7.7 Formosa Plastics
        7.7.1 Formosa Plastics Carbon Fiber Company Information
        7.7.2 Formosa Plastics Carbon Fiber Product Portfolio
        7.7.3 Formosa Plastics Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.7.4 Formosa Plastics Main Business and Markets Served
        7.7.5 Formosa Plastics Recent Developments/Updates
    7.8 DowAksa
        7.8.1 DowAksa Carbon Fiber Company Information
        7.8.2 DowAksa Carbon Fiber Product Portfolio
        7.8.3 DowAksa Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.8.4 DowAksa Main Business and Markets Served
        7.8.5 DowAksa Recent Developments/Updates
    7.9 Syensqo
        7.9.1 Syensqo Carbon Fiber Company Information
        7.9.2 Syensqo Carbon Fiber Product Portfolio
        7.9.3 Syensqo Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.9.4 Syensqo Main Business and Markets Served
        7.9.5 Syensqo Recent Developments/Updates
    7.10 UMATEX
        7.10.1 UMATEX Carbon Fiber Company Information
        7.10.2 UMATEX Carbon Fiber Product Portfolio
        7.10.3 UMATEX Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.10.4 UMATEX Main Business and Markets Served
        7.10.5 UMATEX Recent Developments/Updates
    7.11 Taekwang Industrial
        7.11.1 Taekwang Industrial Carbon Fiber Company Information
        7.11.2 Taekwang Industrial Carbon Fiber Product Portfolio
        7.11.3 Taekwang Industrial Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.11.4 Taekwang Industrial Main Business and Markets Served
        7.11.5 Taekwang Industrial Recent Developments/Updates
    7.12 Zhongfu Shenying
        7.12.1 Zhongfu Shenying Carbon Fiber Company Information
        7.12.2 Zhongfu Shenying Carbon Fiber Product Portfolio
        7.12.3 Zhongfu Shenying Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.12.4 Zhongfu Shenying Main Business and Markets Served
        7.12.5 Zhongfu Shenying Recent Developments/Updates
    7.13 Jilin Chemical Fiber
        7.13.1 Jilin Chemical Fiber Carbon Fiber Company Information
        7.13.2 Jilin Chemical Fiber Carbon Fiber Product Portfolio
        7.13.3 Jilin Chemical Fiber Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.13.4 Jilin Chemical Fiber Main Business and Markets Served
        7.13.5 Jilin Chemical Fiber Recent Developments/Updates
    7.14 Baowu Carbon
        7.14.1 Baowu Carbon Carbon Fiber Company Information
        7.14.2 Baowu Carbon Carbon Fiber Product Portfolio
        7.14.3 Baowu Carbon Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.14.4 Baowu Carbon Main Business and Markets Served
        7.14.5 Baowu Carbon Recent Developments/Updates
    7.15 Weihai Guangwei Composites
        7.15.1 Weihai Guangwei Composites Carbon Fiber Company Information
        7.15.2 Weihai Guangwei Composites Carbon Fiber Product Portfolio
        7.15.3 Weihai Guangwei Composites Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.15.4 Weihai Guangwei Composites Main Business and Markets Served
        7.15.5 Weihai Guangwei Composites Recent Developments/Updates
    7.16 Sinofibers Technology
        7.16.1 Sinofibers Technology Carbon Fiber Company Information
        7.16.2 Sinofibers Technology Carbon Fiber Product Portfolio
        7.16.3 Sinofibers Technology Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.16.4 Sinofibers Technology Main Business and Markets Served
        7.16.5 Sinofibers Technology Recent Developments/Updates
    7.17 Jiangsu Hengshen
        7.17.1 Jiangsu Hengshen Carbon Fiber Company Information
        7.17.2 Jiangsu Hengshen Carbon Fiber Product Portfolio
        7.17.3 Jiangsu Hengshen Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.17.4 Jiangsu Hengshen Main Business and Markets Served
        7.17.5 Jiangsu Hengshen Recent Developments/Updates
    7.18 Newtech Group
        7.18.1 Newtech Group Carbon Fiber Company Information
        7.18.2 Newtech Group Carbon Fiber Product Portfolio
        7.18.3 Newtech Group Carbon Fiber Production, Value, Price and Gross Margin (2020-2025)
        7.18.4 Newtech Group Main Business and Markets Served
        7.18.5 Newtech Group Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis
    8.1 Carbon Fiber Industry Chain Analysis
    8.2 Carbon Fiber Raw Material Supply Analysis
        8.2.1 Key Raw Materials
        8.2.2 Raw Materials Key Suppliers
    8.3 Carbon Fiber Production Mode & Process Analysis
    8.4 Carbon Fiber Sales and Marketing
        8.4.1 Carbon Fiber Sales Channels
        8.4.2 Carbon Fiber Distributors
    8.5 Carbon Fiber Customer Analysis

9 Carbon Fiber Market Dynamics
    9.1 Carbon Fiber Industry Trends
    9.2 Carbon Fiber Market Drivers
    9.3 Carbon Fiber Market Challenges
    9.4 Carbon Fiber Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source
    11.1 Methodology/Research Approach
        11.1.1 Research Programs/Design
        11.1.2 Market Size Estimation
        11.1.3 Market Breakdown and Data Triangulation
    11.2 Data Source
        11.2.1 Secondary Sources
        11.2.2 Primary Sources
    11.3 Author List
    11.4 Disclaimer

Table of Figures

List of Tables
 Table 1. Global Carbon Fiber Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Carbon Fiber Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Carbon Fiber Production Capacity (Tons) by Manufacturers in 2024
 Table 4. Global Carbon Fiber Production by Manufacturers (2020-2025) & (Tons)
 Table 5. Global Carbon Fiber Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Carbon Fiber Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Carbon Fiber Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Carbon Fiber, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Carbon Fiber as of 2024)
 Table 10. Global Market Carbon Fiber Average Price by Manufacturers (USD/Kg) & (2020-2025)
 Table 11. Global Key Manufacturers of Carbon Fiber, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Carbon Fiber, Product Offered and Application
 Table 13. Global Key Manufacturers of Carbon Fiber, Date of Enter into This Industry
 Table 14. Global Carbon Fiber Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Carbon Fiber Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Carbon Fiber Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Carbon Fiber Production Value Market Share by Region (2020-2025)
 Table 19. Global Carbon Fiber Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Carbon Fiber Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Carbon Fiber Production Comparison by Region: 2020 VS 2024 VS 2031 (Tons)
 Table 22. Global Carbon Fiber Production (Tons) by Region (2020-2025)
 Table 23. Global Carbon Fiber Production Market Share by Region (2020-2025)
 Table 24. Global Carbon Fiber Production (Tons) Forecast by Region (2026-2031)
 Table 25. Global Carbon Fiber Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Carbon Fiber Market Average Price (USD/Kg) by Region (2020-2025)
 Table 27. Global Carbon Fiber Market Average Price (USD/Kg) by Region (2026-2031)
 Table 28. Global Carbon Fiber Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Tons)
 Table 29. Global Carbon Fiber Consumption by Region (2020-2025) & (Tons)
 Table 30. Global Carbon Fiber Consumption Market Share by Region (2020-2025)
 Table 31. Global Carbon Fiber Forecasted Consumption by Region (2026-2031) & (Tons)
 Table 32. Global Carbon Fiber Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Carbon Fiber Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Tons)
 Table 34. North America Carbon Fiber Consumption by Country (2020-2025) & (Tons)
 Table 35. North America Carbon Fiber Consumption by Country (2026-2031) & (Tons)
 Table 36. Europe Carbon Fiber Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Tons)
 Table 37. Europe Carbon Fiber Consumption by Country (2020-2025) & (Tons)
 Table 38. Europe Carbon Fiber Consumption by Country (2026-2031) & (Tons)
 Table 39. Asia Pacific Carbon Fiber Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Tons)
 Table 40. Asia Pacific Carbon Fiber Consumption by Region (2020-2025) & (Tons)
 Table 41. Asia Pacific Carbon Fiber Consumption by Region (2026-2031) & (Tons)
 Table 42. Latin America, Middle East & Africa Carbon Fiber Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Tons)
 Table 43. Latin America, Middle East & Africa Carbon Fiber Consumption by Country (2020-2025) & (Tons)
 Table 44. Latin America, Middle East & Africa Carbon Fiber Consumption by Country (2026-2031) & (Tons)
 Table 45. Global Carbon Fiber Production (Tons) by Type (2020-2025)
 Table 46. Global Carbon Fiber Production (Tons) by Type (2026-2031)
 Table 47. Global Carbon Fiber Production Market Share by Type (2020-2025)
 Table 48. Global Carbon Fiber Production Market Share by Type (2026-2031)
 Table 49. Global Carbon Fiber Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Carbon Fiber Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Carbon Fiber Production Value Market Share by Type (2020-2025)
 Table 52. Global Carbon Fiber Production Value Market Share by Type (2026-2031)
 Table 53. Global Carbon Fiber Price (USD/Kg) by Type (2020-2025)
 Table 54. Global Carbon Fiber Price (USD/Kg) by Type (2026-2031)
 Table 55. Global Carbon Fiber Production (Tons) by Application (2020-2025)
 Table 56. Global Carbon Fiber Production (Tons) by Application (2026-2031)
 Table 57. Global Carbon Fiber Production Market Share by Application (2020-2025)
 Table 58. Global Carbon Fiber Production Market Share by Application (2026-2031)
 Table 59. Global Carbon Fiber Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Carbon Fiber Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Carbon Fiber Production Value Market Share by Application (2020-2025)
 Table 62. Global Carbon Fiber Production Value Market Share by Application (2026-2031)
 Table 63. Global Carbon Fiber Price (USD/Kg) by Application (2020-2025)
 Table 64. Global Carbon Fiber Price (USD/Kg) by Application (2026-2031)
 Table 65. Toray Carbon Fiber Company Information
 Table 66. Toray Carbon Fiber Specification and Application
 Table 67. Toray Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 68. Toray Main Business and Markets Served
 Table 69. Toray Recent Developments/Updates
 Table 70. MCCFC Carbon Fiber Company Information
 Table 71. MCCFC Carbon Fiber Specification and Application
 Table 72. MCCFC Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 73. MCCFC Main Business and Markets Served
 Table 74. MCCFC Recent Developments/Updates
 Table 75. Teijin Carbon Fiber Company Information
 Table 76. Teijin Carbon Fiber Specification and Application
 Table 77. Teijin Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 78. Teijin Main Business and Markets Served
 Table 79. Teijin Recent Developments/Updates
 Table 80. Hexcel Carbon Fiber Company Information
 Table 81. Hexcel Carbon Fiber Specification and Application
 Table 82. Hexcel Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 83. Hexcel Main Business and Markets Served
 Table 84. Hexcel Recent Developments/Updates
 Table 85. Hyosung Advanced Materials Carbon Fiber Company Information
 Table 86. Hyosung Advanced Materials Carbon Fiber Specification and Application
 Table 87. Hyosung Advanced Materials Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 88. Hyosung Advanced Materials Main Business and Markets Served
 Table 89. Hyosung Advanced Materials Recent Developments/Updates
 Table 90. SGL Carbon Carbon Fiber Company Information
 Table 91. SGL Carbon Carbon Fiber Specification and Application
 Table 92. SGL Carbon Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 93. SGL Carbon Main Business and Markets Served
 Table 94. SGL Carbon Recent Developments/Updates
 Table 95. Formosa Plastics Carbon Fiber Company Information
 Table 96. Formosa Plastics Carbon Fiber Specification and Application
 Table 97. Formosa Plastics Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 98. Formosa Plastics Main Business and Markets Served
 Table 99. Formosa Plastics Recent Developments/Updates
 Table 100. DowAksa Carbon Fiber Company Information
 Table 101. DowAksa Carbon Fiber Specification and Application
 Table 102. DowAksa Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 103. DowAksa Main Business and Markets Served
 Table 104. DowAksa Recent Developments/Updates
 Table 105. Syensqo Carbon Fiber Company Information
 Table 106. Syensqo Carbon Fiber Specification and Application
 Table 107. Syensqo Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 108. Syensqo Main Business and Markets Served
 Table 109. Syensqo Recent Developments/Updates
 Table 110. UMATEX Carbon Fiber Company Information
 Table 111. UMATEX Carbon Fiber Specification and Application
 Table 112. UMATEX Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 113. UMATEX Main Business and Markets Served
 Table 114. UMATEX Recent Developments/Updates
 Table 115. Taekwang Industrial Carbon Fiber Company Information
 Table 116. Taekwang Industrial Carbon Fiber Specification and Application
 Table 117. Taekwang Industrial Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 118. Taekwang Industrial Main Business and Markets Served
 Table 119. Taekwang Industrial Recent Developments/Updates
 Table 120. Zhongfu Shenying Carbon Fiber Company Information
 Table 121. Zhongfu Shenying Carbon Fiber Specification and Application
 Table 122. Zhongfu Shenying Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 123. Zhongfu Shenying Main Business and Markets Served
 Table 124. Zhongfu Shenying Recent Developments/Updates
 Table 125. Jilin Chemical Fiber Carbon Fiber Company Information
 Table 126. Jilin Chemical Fiber Carbon Fiber Specification and Application
 Table 127. Jilin Chemical Fiber Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 128. Jilin Chemical Fiber Main Business and Markets Served
 Table 129. Jilin Chemical Fiber Recent Developments/Updates
 Table 130. Baowu Carbon Carbon Fiber Company Information
 Table 131. Baowu Carbon Carbon Fiber Specification and Application
 Table 132. Baowu Carbon Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 133. Baowu Carbon Main Business and Markets Served
 Table 134. Baowu Carbon Recent Developments/Updates
 Table 135. Weihai Guangwei Composites Carbon Fiber Company Information
 Table 136. Weihai Guangwei Composites Carbon Fiber Specification and Application
 Table 137. Weihai Guangwei Composites Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 138. Weihai Guangwei Composites Main Business and Markets Served
 Table 139. Weihai Guangwei Composites Recent Developments/Updates
 Table 140. Sinofibers Technology Carbon Fiber Company Information
 Table 141. Sinofibers Technology Carbon Fiber Specification and Application
 Table 142. Sinofibers Technology Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 143. Sinofibers Technology Main Business and Markets Served
 Table 144. Sinofibers Technology Recent Developments/Updates
 Table 145. Jiangsu Hengshen Carbon Fiber Company Information
 Table 146. Jiangsu Hengshen Carbon Fiber Specification and Application
 Table 147. Jiangsu Hengshen Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 148. Jiangsu Hengshen Main Business and Markets Served
 Table 149. Jiangsu Hengshen Recent Developments/Updates
 Table 150. Newtech Group Carbon Fiber Company Information
 Table 151. Newtech Group Carbon Fiber Specification and Application
 Table 152. Newtech Group Carbon Fiber Production (Tons), Value (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
 Table 153. Newtech Group Main Business and Markets Served
 Table 154. Newtech Group Recent Developments/Updates
 Table 155. Key Raw Materials Lists
 Table 156. Raw Materials Key Suppliers Lists
 Table 157. Carbon Fiber Distributors List
 Table 158. Carbon Fiber Customers List
 Table 159. Carbon Fiber Market Trends
 Table 160. Carbon Fiber Market Drivers
 Table 161. Carbon Fiber Market Challenges
 Table 162. Carbon Fiber Market Restraints
 Table 163. Research Programs/Design for This Report
 Table 164. Key Data Information from Secondary Sources
 Table 165. Key Data Information from Primary Sources
 Table 166. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Carbon Fiber
 Figure 2. Global Carbon Fiber Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Carbon Fiber Market Share by Type: 2024 VS 2031
 Figure 4. Regular-Tow Carbon Fiber Product Picture
 Figure 5. Large-Tow Carbon Fiber Product Picture
 Figure 6. Global Carbon Fiber Market Value by Application, (US$ Million) & (2020-2031)
 Figure 7. Global Carbon Fiber Market Share by Application: 2024 VS 2031
 Figure 8. Wind Energy
 Figure 9. Sports/Leisure
 Figure 10. Aerospace and Defense
 Figure 11. Pressure Vessel
 Figure 12. Automotive
 Figure 13. Other
 Figure 14. Global Carbon Fiber Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 15. Global Carbon Fiber Production Value (US$ Million) & (2020-2031)
 Figure 16. Global Carbon Fiber Production Capacity (Tons) & (2020-2031)
 Figure 17. Global Carbon Fiber Production (Tons) & (2020-2031)
 Figure 18. Global Carbon Fiber Average Price (USD/Kg) & (2020-2031)
 Figure 19. Carbon Fiber Report Years Considered
 Figure 20. Carbon Fiber Production Share by Manufacturers in 2024
 Figure 21. Global Carbon Fiber Production Value Share by Manufacturers (2024)
 Figure 22. Carbon Fiber Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 23. The Global 5 and 10 Largest Players: Market Share by Carbon Fiber Revenue in 2024
 Figure 24. Global Carbon Fiber Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 25. Global Carbon Fiber Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 26. Global Carbon Fiber Production Comparison by Region: 2020 VS 2024 VS 2031 (Tons)
 Figure 27. Global Carbon Fiber Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 28. North America Carbon Fiber Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Europe Carbon Fiber Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. China Carbon Fiber Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. Japan Carbon Fiber Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 32. South Korea Carbon Fiber Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 33. Global Carbon Fiber Consumption by Region: 2020 VS 2024 VS 2031 (Tons)
 Figure 34. Global Carbon Fiber Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 35. North America Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 36. North America Carbon Fiber Consumption Market Share by Country (2020-2031)
 Figure 37. U.S. Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 38. Canada Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 39. Europe Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 40. Europe Carbon Fiber Consumption Market Share by Country (2020-2031)
 Figure 41. Germany Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 42. France Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 43. U.K. Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 44. Italy Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 45. Russia Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 46. Asia Pacific Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 47. Asia Pacific Carbon Fiber Consumption Market Share by Region (2020-2031)
 Figure 48. China Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 49. Japan Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 50. South Korea Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 51. China Taiwan Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 52. Southeast Asia Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 53. India Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 54. Latin America, Middle East & Africa Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 55. Latin America, Middle East & Africa Carbon Fiber Consumption Market Share by Country (2020-2031)
 Figure 56. Mexico Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 57. Brazil Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 58. Turkey Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 59. GCC Countries Carbon Fiber Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 60. Global Production Market Share of Carbon Fiber by Type (2020-2031)
 Figure 61. Global Production Value Market Share of Carbon Fiber by Type (2020-2031)
 Figure 62. Global Carbon Fiber Price (USD/Kg) by Type (2020-2031)
 Figure 63. Global Production Market Share of Carbon Fiber by Application (2020-2031)
 Figure 64. Global Production Value Market Share of Carbon Fiber by Application (2020-2031)
 Figure 65. Global Carbon Fiber Price (USD/Kg) by Application (2020-2031)
 Figure 66. Carbon Fiber Value Chain
 Figure 67. Channels of Distribution (Direct Vs Distribution)
 Figure 68. Bottom-up and Top-down Approaches for This Report
 Figure 69. Data Triangulation

Description

The global market for Carbon Fiber was valued at US$ 3408 million in the year 2024 and is projected to reach a revised size of US$ 7764 million by 2031, growing at a CAGR of 13.3% during the forecast period.

Carbon fiber is a strong, lightweight material made primarily of carbon atoms that are bonded together in a crystalline structure. It is produced by heating polyacrylonitrile (PAN) or other precursor materials to high temperatures in a process called pyrolysis. The carbon atoms are aligned in long, thin strands, giving carbon fiber its exceptional strength-to-weight ratio, stiffness, and resistance to heat and corrosion. Carbon fiber is widely used in various industries, including aerospace, automotive, sports equipment, and renewable energy, due to its superior properties compared to traditional materials like steel and aluminum.

Environmental Benefits: Carbon fiber components contribute to reducing the carbon footprint of vehicles and industrial machinery by enabling lighter designs, which consume less energy.

High-Performance Sports Equipment: The demand for high-quality sporting goods such as bicycles, golf clubs, tennis rackets, and skis is driving the adoption of carbon fiber.

Market Segmentation

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