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24K Carbon Fiber - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

24K Carbon Fiber - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Industry: Chemical & Material

Published: 2025-03-10

Pages: 105 Pages

Report ld: 4517296

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Description

The global market for 24K Carbon Fiber was estimated to be worth US$ 323 million in 2024 and is forecast to a readjusted size of US$ 502 million by 2031 with a CAGR of 6.6% during the forecast period 2025-2031.

24K carbon fiber is created by twisting twenty-four 1K carbon fibers together. This grade of carbon fiber is the strongest available, and is used in applications that require exceptional strength and durability, such as in spacecraft or high-performance race cars.

24K Carbon Fiber Market Size(US$)

M= millions and B=billions

QYRLogo
North American market for 24K Carbon Fiber was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for 24K Carbon Fiber was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for 24K Carbon Fiber was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The global key companies of 24K Carbon Fiber include Hexcel, Toray Composite Materials, Mitsubishi Chemical, Teijin Carbon, Hyosung Advancedmaterials, Taekwang Industrial, Foemosa M, Sinopec Shanghai Petrochemical Company, Formosa Plastic Group, Jilin Chemical Fiber Group, etc. In 2024, the global five largest players hold a share approximately % in terms of revenue.

This report aims to provide a comprehensive presentation of the global market for 24K Carbon Fiber, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of 24K Carbon Fiber by region & country, by Type, and by Application.

The 24K Carbon Fiber market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 24K Carbon Fiber.

Market Segmentation
  • Report Metric

  • Details

  • Report Title

  • 24K Carbon Fiber - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

  • Forecasted Market Size in 2031

  • US$ 502 million

  • CAGR(2025-2031)

  • 6.6%

  • Market Size Available for Years

  • 2025-2031

  • Global 24K Carbon Fiber Companies Covered

  • Hexcel

    Toray Composite Materials

    Mitsubishi Chemical

    Teijin Carbon

    Hyosung Advancedmaterials

    Taekwang Industrial

    Foemosa M

    Sinopec Shanghai Petrochemical Company

    Formosa Plastic Group

    Jilin Chemical Fiber Group

  • Global 24K 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 24K Carbon Fiber Market, Segment by Type

  • PAN Based Carbon Fiber

    Pitch-Based Carbon Fiber

    Others

  • Global 24K Carbon Fiber Market, Segment by Application

  • Automotives

    Ship

    Wind Energy

    Machinery

    Construction

    Consumer Electronics

    Aerospace and Military

    Scientific Research

    Others

  • 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, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of 24K Carbon Fiber manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of 24K Carbon Fiber in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of 24K Carbon Fiber in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Table of Contents

1 Market Overview
1.1 24K Carbon Fiber Product Introduction
1.2 Global 24K Carbon Fiber Market Size Forecast
1.2.1 Global 24K Carbon Fiber Sales Value (2020-2031)
1.2.2 Global 24K Carbon Fiber Sales Volume (2020-2031)
1.2.3 Global 24K Carbon Fiber Sales Price (2020-2031)
1.3 24K Carbon Fiber Market Trends & Drivers
1.3.1 24K Carbon Fiber Industry Trends
1.3.2 24K Carbon Fiber Market Drivers & Opportunity
1.3.3 24K Carbon Fiber Market Challenges
1.3.4 24K Carbon Fiber Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global 24K Carbon Fiber Players Revenue Ranking (2024)
2.2 Global 24K Carbon Fiber Revenue by Company (2020-2025)
2.3 Global 24K Carbon Fiber Players Sales Volume Ranking (2024)
2.4 Global 24K Carbon Fiber Sales Volume by Company Players (2020-2025)
2.5 Global 24K Carbon Fiber Average Price by Company (2020-2025)
2.6 Key Manufacturers 24K Carbon Fiber Manufacturing Base and Headquarters
2.7 Key Manufacturers 24K Carbon Fiber Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of 24K Carbon Fiber
2.9 24K Carbon Fiber Market Competitive Analysis
2.9.1 24K Carbon Fiber Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by 24K Carbon Fiber Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in 24K Carbon Fiber as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 PAN Based Carbon Fiber
3.1.2 Pitch-Based Carbon Fiber
3.1.3 Others
3.2 Global 24K Carbon Fiber Sales Value by Type
3.2.1 Global 24K Carbon Fiber Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global 24K Carbon Fiber Sales Value, by Type (2020-2031)
3.2.3 Global 24K Carbon Fiber Sales Value, by Type (%) (2020-2031)
3.3 Global 24K Carbon Fiber Sales Volume by Type
3.3.1 Global 24K Carbon Fiber Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global 24K Carbon Fiber Sales Volume, by Type (2020-2031)
3.3.3 Global 24K Carbon Fiber Sales Volume, by Type (%) (2020-2031)
3.4 Global 24K Carbon Fiber Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Automotives
4.1.2 Ship
4.1.3 Wind Energy
4.1.4 Machinery
4.1.5 Construction
4.1.6 Consumer Electronics
4.1.7 Aerospace and Military
4.1.8 Scientific Research
4.1.9 Others
4.2 Global 24K Carbon Fiber Sales Value by Application
4.2.1 Global 24K Carbon Fiber Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global 24K Carbon Fiber Sales Value, by Application (2020-2031)
4.2.3 Global 24K Carbon Fiber Sales Value, by Application (%) (2020-2031)
4.3 Global 24K Carbon Fiber Sales Volume by Application
4.3.1 Global 24K Carbon Fiber Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global 24K Carbon Fiber Sales Volume, by Application (2020-2031)
4.3.3 Global 24K Carbon Fiber Sales Volume, by Application (%) (2020-2031)
4.4 Global 24K Carbon Fiber Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global 24K Carbon Fiber Sales Value by Region
5.1.1 Global 24K Carbon Fiber Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global 24K Carbon Fiber Sales Value by Region (2020-2025)
5.1.3 Global 24K Carbon Fiber Sales Value by Region (2026-2031)
5.1.4 Global 24K Carbon Fiber Sales Value by Region (%), (2020-2031)
5.2 Global 24K Carbon Fiber Sales Volume by Region
5.2.1 Global 24K Carbon Fiber Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global 24K Carbon Fiber Sales Volume by Region (2020-2025)
5.2.3 Global 24K Carbon Fiber Sales Volume by Region (2026-2031)
5.2.4 Global 24K Carbon Fiber Sales Volume by Region (%), (2020-2031)
5.3 Global 24K Carbon Fiber Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America 24K Carbon Fiber Sales Value, 2020-2031
5.4.2 North America 24K Carbon Fiber Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe 24K Carbon Fiber Sales Value, 2020-2031
5.5.2 Europe 24K Carbon Fiber Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific 24K Carbon Fiber Sales Value, 2020-2031
5.6.2 Asia Pacific 24K Carbon Fiber Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America 24K Carbon Fiber Sales Value, 2020-2031
5.7.2 South America 24K Carbon Fiber Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa 24K Carbon Fiber Sales Value, 2020-2031
5.8.2 Middle East & Africa 24K Carbon Fiber Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions 24K Carbon Fiber Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions 24K Carbon Fiber Sales Value and Sales Volume
6.2.1 Key Countries/Regions 24K Carbon Fiber Sales Value, 2020-2031
6.2.2 Key Countries/Regions 24K Carbon Fiber Sales Volume, 2020-2031
6.3 United States
6.3.1 United States 24K Carbon Fiber Sales Value, 2020-2031
6.3.2 United States 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.3.3 United States 24K Carbon Fiber Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe 24K Carbon Fiber Sales Value, 2020-2031
6.4.2 Europe 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe 24K Carbon Fiber Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China 24K Carbon Fiber Sales Value, 2020-2031
6.5.2 China 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.5.3 China 24K Carbon Fiber Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan 24K Carbon Fiber Sales Value, 2020-2031
6.6.2 Japan 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan 24K Carbon Fiber Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea 24K Carbon Fiber Sales Value, 2020-2031
6.7.2 South Korea 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea 24K Carbon Fiber Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia 24K Carbon Fiber Sales Value, 2020-2031
6.8.2 Southeast Asia 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia 24K Carbon Fiber Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India 24K Carbon Fiber Sales Value, 2020-2031
6.9.2 India 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.9.3 India 24K Carbon Fiber Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Hexcel
7.1.1 Hexcel Company Information
7.1.2 Hexcel Introduction and Business Overview
7.1.3 Hexcel 24K Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Hexcel 24K Carbon Fiber Product Offerings
7.1.5 Hexcel Recent Development
7.2 Toray Composite Materials
7.2.1 Toray Composite Materials Company Information
7.2.2 Toray Composite Materials Introduction and Business Overview
7.2.3 Toray Composite Materials 24K Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Toray Composite Materials 24K Carbon Fiber Product Offerings
7.2.5 Toray Composite Materials Recent Development
7.3 Mitsubishi Chemical
7.3.1 Mitsubishi Chemical Company Information
7.3.2 Mitsubishi Chemical Introduction and Business Overview
7.3.3 Mitsubishi Chemical 24K Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Mitsubishi Chemical 24K Carbon Fiber Product Offerings
7.3.5 Mitsubishi Chemical Recent Development
7.4 Teijin Carbon
7.4.1 Teijin Carbon Company Information
7.4.2 Teijin Carbon Introduction and Business Overview
7.4.3 Teijin Carbon 24K Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Teijin Carbon 24K Carbon Fiber Product Offerings
7.4.5 Teijin Carbon Recent Development
7.5 Hyosung Advancedmaterials
7.5.1 Hyosung Advancedmaterials Company Information
7.5.2 Hyosung Advancedmaterials Introduction and Business Overview
7.5.3 Hyosung Advancedmaterials 24K Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Hyosung Advancedmaterials 24K Carbon Fiber Product Offerings
7.5.5 Hyosung Advancedmaterials Recent Development
7.6 Taekwang Industrial
7.6.1 Taekwang Industrial Company Information
7.6.2 Taekwang Industrial Introduction and Business Overview
7.6.3 Taekwang Industrial 24K Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Taekwang Industrial 24K Carbon Fiber Product Offerings
7.6.5 Taekwang Industrial Recent Development
7.7 Foemosa M
7.7.1 Foemosa M Company Information
7.7.2 Foemosa M Introduction and Business Overview
7.7.3 Foemosa M 24K Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Foemosa M 24K Carbon Fiber Product Offerings
7.7.5 Foemosa M Recent Development
7.8 Sinopec Shanghai Petrochemical Company
7.8.1 Sinopec Shanghai Petrochemical Company Company Information
7.8.2 Sinopec Shanghai Petrochemical Company Introduction and Business Overview
7.8.3 Sinopec Shanghai Petrochemical Company 24K Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Sinopec Shanghai Petrochemical Company 24K Carbon Fiber Product Offerings
7.8.5 Sinopec Shanghai Petrochemical Company Recent Development
7.9 Formosa Plastic Group
7.9.1 Formosa Plastic Group Company Information
7.9.2 Formosa Plastic Group Introduction and Business Overview
7.9.3 Formosa Plastic Group 24K Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Formosa Plastic Group 24K Carbon Fiber Product Offerings
7.9.5 Formosa Plastic Group Recent Development
7.10 Jilin Chemical Fiber Group
7.10.1 Jilin Chemical Fiber Group Company Information
7.10.2 Jilin Chemical Fiber Group Introduction and Business Overview
7.10.3 Jilin Chemical Fiber Group 24K Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Jilin Chemical Fiber Group 24K Carbon Fiber Product Offerings
7.10.5 Jilin Chemical Fiber Group Recent Development
8 Industry Chain Analysis
8.1 24K Carbon Fiber Industrial Chain
8.2 24K Carbon Fiber Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 24K Carbon Fiber Sales Model
8.5.2 Sales Channel
8.5.3 24K Carbon Fiber Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

Table of Figures

List of Tables
 Table 1. 24K Carbon Fiber Market Trends
 Table 2. 24K Carbon Fiber Market Drivers & Opportunity
 Table 3. 24K Carbon Fiber Market Challenges
 Table 4. 24K Carbon Fiber Market Restraints
 Table 5. Global 24K Carbon Fiber Revenue by Company (2020-2025) & (US$ Million)
 Table 6. Global 24K Carbon Fiber Revenue Market Share by Company (2020-2025)
 Table 7. Global 24K Carbon Fiber Sales Volume by Company (2020-2025) & (Tons)
 Table 8. Global 24K Carbon Fiber Sales Volume Market Share by Company (2020-2025)
 Table 9. Global Market 24K Carbon Fiber Price by Company (2020-2025) & (US$/Ton)
 Table 10. Key Manufacturers 24K Carbon Fiber Manufacturing Base and Headquarters
 Table 11. Key Manufacturers 24K Carbon Fiber Product Type
 Table 12. Key Manufacturers Time to Begin Mass Production of 24K Carbon Fiber
 Table 13. Global 24K Carbon Fiber Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in 24K Carbon Fiber as of 2024)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global 24K Carbon Fiber Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global 24K Carbon Fiber Sales Value by Type (2020-2025) & (US$ Million)
 Table 18. Global 24K Carbon Fiber Sales Value by Type (2026-2031) & (US$ Million)
 Table 19. Global 24K Carbon Fiber Sales Market Share in Value by Type (2020-2025)
 Table 20. Global 24K Carbon Fiber Sales Market Share in Value by Type (2026-2031)
 Table 21. Global 24K Carbon Fiber Sales Volume by Type: 2020 VS 2024 VS 2031 (Tons)
 Table 22. Global 24K Carbon Fiber Sales Volume by Type (2020-2025) & (Tons)
 Table 23. Global 24K Carbon Fiber Sales Volume by Type (2026-2031) & (Tons)
 Table 24. Global 24K Carbon Fiber Sales Market Share in Volume by Type (2020-2025)
 Table 25. Global 24K Carbon Fiber Sales Market Share in Volume by Type (2026-2031)
 Table 26. Global 24K Carbon Fiber Price by Type (2020-2025) & (US$/Ton)
 Table 27. Global 24K Carbon Fiber Price by Type (2026-2031) & (US$/Ton)
 Table 28. Global 24K Carbon Fiber Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
 Table 29. Global 24K Carbon Fiber Sales Value by Application (2020-2025) & (US$ Million)
 Table 30. Global 24K Carbon Fiber Sales Value by Application (2026-2031) & (US$ Million)
 Table 31. Global 24K Carbon Fiber Sales Market Share in Value by Application (2020-2025)
 Table 32. Global 24K Carbon Fiber Sales Market Share in Value by Application (2026-2031)
 Table 33. Global 24K Carbon Fiber Sales Volume by Application: 2020 VS 2024 VS 2031 (Tons)
 Table 34. Global 24K Carbon Fiber Sales Volume by Application (2020-2025) & (Tons)
 Table 35. Global 24K Carbon Fiber Sales Volume by Application (2026-2031) & (Tons)
 Table 36. Global 24K Carbon Fiber Sales Market Share in Volume by Application (2020-2025)
 Table 37. Global 24K Carbon Fiber Sales Market Share in Volume by Application (2026-2031)
 Table 38. Global 24K Carbon Fiber Price by Application (2020-2025) & (US$/Ton)
 Table 39. Global 24K Carbon Fiber Price by Application (2026-2031) & (US$/Ton)
 Table 40. Global 24K Carbon Fiber Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
 Table 41. Global 24K Carbon Fiber Sales Value by Region (2020-2025) & (US$ Million)
 Table 42. Global 24K Carbon Fiber Sales Value by Region (2026-2031) & (US$ Million)
 Table 43. Global 24K Carbon Fiber Sales Value by Region (2020-2025) & (%)
 Table 44. Global 24K Carbon Fiber Sales Value by Region (2026-2031) & (%)
 Table 45. Global 24K Carbon Fiber Sales Volume by Region (Tons): 2020 VS 2024 VS 2031
 Table 46. Global 24K Carbon Fiber Sales Volume by Region (2020-2025) & (Tons)
 Table 47. Global 24K Carbon Fiber Sales Volume by Region (2026-2031) & (Tons)
 Table 48. Global 24K Carbon Fiber Sales Volume by Region (2020-2025) & (%)
 Table 49. Global 24K Carbon Fiber Sales Volume by Region (2026-2031) & (%)
 Table 50. Global 24K Carbon Fiber Average Price by Region (2020-2025) & (US$/Ton)
 Table 51. Global 24K Carbon Fiber Average Price by Region (2026-2031) & (US$/Ton)
 Table 52. Key Countries/Regions 24K Carbon Fiber Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
 Table 53. Key Countries/Regions 24K Carbon Fiber Sales Value, (2020-2025) & (US$ Million)
 Table 54. Key Countries/Regions 24K Carbon Fiber Sales Value, (2026-2031) & (US$ Million)
 Table 55. Key Countries/Regions 24K Carbon Fiber Sales Volume, (2020-2025) & (Tons)
 Table 56. Key Countries/Regions 24K Carbon Fiber Sales Volume, (2026-2031) & (Tons)
 Table 57. Hexcel Company Information
 Table 58. Hexcel Introduction and Business Overview
 Table 59. Hexcel 24K Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 60. Hexcel 24K Carbon Fiber Product Offerings
 Table 61. Hexcel Recent Development
 Table 62. Toray Composite Materials Company Information
 Table 63. Toray Composite Materials Introduction and Business Overview
 Table 64. Toray Composite Materials 24K Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 65. Toray Composite Materials 24K Carbon Fiber Product Offerings
 Table 66. Toray Composite Materials Recent Development
 Table 67. Mitsubishi Chemical Company Information
 Table 68. Mitsubishi Chemical Introduction and Business Overview
 Table 69. Mitsubishi Chemical 24K Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 70. Mitsubishi Chemical 24K Carbon Fiber Product Offerings
 Table 71. Mitsubishi Chemical Recent Development
 Table 72. Teijin Carbon Company Information
 Table 73. Teijin Carbon Introduction and Business Overview
 Table 74. Teijin Carbon 24K Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 75. Teijin Carbon 24K Carbon Fiber Product Offerings
 Table 76. Teijin Carbon Recent Development
 Table 77. Hyosung Advancedmaterials Company Information
 Table 78. Hyosung Advancedmaterials Introduction and Business Overview
 Table 79. Hyosung Advancedmaterials 24K Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 80. Hyosung Advancedmaterials 24K Carbon Fiber Product Offerings
 Table 81. Hyosung Advancedmaterials Recent Development
 Table 82. Taekwang Industrial Company Information
 Table 83. Taekwang Industrial Introduction and Business Overview
 Table 84. Taekwang Industrial 24K Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 85. Taekwang Industrial 24K Carbon Fiber Product Offerings
 Table 86. Taekwang Industrial Recent Development
 Table 87. Foemosa M Company Information
 Table 88. Foemosa M Introduction and Business Overview
 Table 89. Foemosa M 24K Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 90. Foemosa M 24K Carbon Fiber Product Offerings
 Table 91. Foemosa M Recent Development
 Table 92. Sinopec Shanghai Petrochemical Company Company Information
 Table 93. Sinopec Shanghai Petrochemical Company Introduction and Business Overview
 Table 94. Sinopec Shanghai Petrochemical Company 24K Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 95. Sinopec Shanghai Petrochemical Company 24K Carbon Fiber Product Offerings
 Table 96. Sinopec Shanghai Petrochemical Company Recent Development
 Table 97. Formosa Plastic Group Company Information
 Table 98. Formosa Plastic Group Introduction and Business Overview
 Table 99. Formosa Plastic Group 24K Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 100. Formosa Plastic Group 24K Carbon Fiber Product Offerings
 Table 101. Formosa Plastic Group Recent Development
 Table 102. Jilin Chemical Fiber Group Company Information
 Table 103. Jilin Chemical Fiber Group Introduction and Business Overview
 Table 104. Jilin Chemical Fiber Group 24K Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 105. Jilin Chemical Fiber Group 24K Carbon Fiber Product Offerings
 Table 106. Jilin Chemical Fiber Group Recent Development
 Table 107. Key Raw Materials Lists
 Table 108. Raw Materials Key Suppliers Lists
 Table 109. 24K Carbon Fiber Downstream Customers
 Table 110. 24K Carbon Fiber Distributors List
 Table 111. Research Programs/Design for This Report
 Table 112. Key Data Information from Secondary Sources
 Table 113. Key Data Information from Primary Sources


List of Figures
 Figure 1. 24K Carbon Fiber Product Picture
 Figure 2. Global 24K Carbon Fiber Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 3. Global 24K Carbon Fiber Sales Value (2020-2031) & (US$ Million)
 Figure 4. Global 24K Carbon Fiber Sales Volume (2020-2031) & (Tons)
 Figure 5. Global 24K Carbon Fiber Sales Price (2020-2031) & (US$/Ton)
 Figure 6. 24K Carbon Fiber Report Years Considered
 Figure 7. Global 24K Carbon Fiber Players Revenue Ranking (2024) & (US$ Million)
 Figure 8. Global 24K Carbon Fiber Players Sales Volume Ranking (2024) & (Tons)
 Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by 24K Carbon Fiber Revenue in 2024
 Figure 10. 24K Carbon Fiber Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 11. PAN Based Carbon Fiber Picture
 Figure 12. Pitch-Based Carbon Fiber Picture
 Figure 13. Others Picture
 Figure 14. Global 24K Carbon Fiber Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
 Figure 15. Global 24K Carbon Fiber Sales Value Market Share by Type, 2024 & 2031
 Figure 16. Global 24K Carbon Fiber Sales Volume by Type (2020 VS 2024 VS 2031) & (Tons)
 Figure 17. Global 24K Carbon Fiber Sales Volume Market Share by Type, 2024 & 2031
 Figure 18. Global 24K Carbon Fiber Price by Type (2020-2031) & (US$/Ton)
 Figure 19. Product Picture of Automotives
 Figure 20. Product Picture of Ship
 Figure 21. Product Picture of Wind Energy
 Figure 22. Product Picture of Machinery
 Figure 23. Product Picture of Construction
 Figure 24. Product Picture of Consumer Electronics
 Figure 25. Product Picture of Aerospace and Military
 Figure 26. Product Picture of Scientific Research
 Figure 27. Product Picture of Others
 Figure 28. Global 24K Carbon Fiber Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
 Figure 29. Global 24K Carbon Fiber Sales Value Market Share by Application, 2024 & 2031
 Figure 30. Global 24K Carbon Fiber Sales Volume by Application (2020 VS 2024 VS 2031) & (Tons)
 Figure 31. Global 24K Carbon Fiber Sales Volume Market Share by Application, 2024 & 2031
 Figure 32. Global 24K Carbon Fiber Price by Application (2020-2031) & (US$/Ton)
 Figure 33. North America 24K Carbon Fiber Sales Value (2020-2031) & (US$ Million)
 Figure 34. North America 24K Carbon Fiber Sales Value by Country (%), 2024 VS 2031
 Figure 35. Europe 24K Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
 Figure 36. Europe 24K Carbon Fiber Sales Value by Country (%), 2024 VS 2031
 Figure 37. Asia Pacific 24K Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
 Figure 38. Asia Pacific 24K Carbon Fiber Sales Value by Region (%), 2024 VS 2031
 Figure 39. South America 24K Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
 Figure 40. South America 24K Carbon Fiber Sales Value by Country (%), 2024 VS 2031
 Figure 41. Middle East & Africa 24K Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
 Figure 42. Middle East & Africa 24K Carbon Fiber Sales Value by Country (%), 2024 VS 2031
 Figure 43. Key Countries/Regions 24K Carbon Fiber Sales Value (%), (2020-2031)
 Figure 44. Key Countries/Regions 24K Carbon Fiber Sales Volume (%), (2020-2031)
 Figure 45. United States 24K Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
 Figure 46. United States 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
 Figure 47. United States 24K Carbon Fiber Sales Value by Application (%), 2024 VS 2031
 Figure 48. Europe 24K Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
 Figure 49. Europe 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
 Figure 50. Europe 24K Carbon Fiber Sales Value by Application (%), 2024 VS 2031
 Figure 51. China 24K Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
 Figure 52. China 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
 Figure 53. China 24K Carbon Fiber Sales Value by Application (%), 2024 VS 2031
 Figure 54. Japan 24K Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
 Figure 55. Japan 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
 Figure 56. Japan 24K Carbon Fiber Sales Value by Application (%), 2024 VS 2031
 Figure 57. South Korea 24K Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
 Figure 58. South Korea 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
 Figure 59. South Korea 24K Carbon Fiber Sales Value by Application (%), 2024 VS 2031
 Figure 60. Southeast Asia 24K Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
 Figure 61. Southeast Asia 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
 Figure 62. Southeast Asia 24K Carbon Fiber Sales Value by Application (%), 2024 VS 2031
 Figure 63. India 24K Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
 Figure 64. India 24K Carbon Fiber Sales Value by Type (%), 2024 VS 2031
 Figure 65. India 24K Carbon Fiber Sales Value by Application (%), 2024 VS 2031
 Figure 66. 24K Carbon Fiber Industrial Chain
 Figure 67. 24K Carbon Fiber Manufacturing Cost Structure
 Figure 68. Channels of Distribution (Direct Sales, and Distribution)
 Figure 69. Bottom-up and Top-down Approaches for This Report
 Figure 70. Data Triangulation
 Figure 71. Key Executives Interviewed

Description

The global market for 24K Carbon Fiber was estimated to be worth US$ 323 million in 2024 and is forecast to a readjusted size of US$ 502 million by 2031 with a CAGR of 6.6% during the forecast period 2025-2031.

24K carbon fiber is created by twisting twenty-four 1K carbon fibers together. This grade of carbon fiber is the strongest available, and is used in applications that require exceptional strength and durability, such as in spacecraft or high-performance race cars.
North American market for 24K Carbon Fiber was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for 24K Carbon Fiber was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for 24K Carbon Fiber was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The global key companies of 24K Carbon Fiber include Hexcel, Toray Composite Materials, Mitsubishi Chemical, Teijin Carbon, Hyosung Advancedmaterials, Taekwang Industrial, Foemosa M, Sinopec Shanghai Petrochemical Company, Formosa Plastic Group, Jilin Chemical Fiber Group, etc. In 2024, the global five largest players hold a share approximately % in terms of revenue.

This report aims to provide a comprehensive presentation of the global market for 24K Carbon Fiber, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of 24K Carbon Fiber by region & country, by Type, and by Application.

The 24K Carbon Fiber market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 24K Carbon Fiber.

Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of 24K Carbon Fiber manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of 24K Carbon Fiber in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of 24K Carbon Fiber in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Related Reports

24K Carbon Fiber - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Industry: Chemical & Material

Published: 2025-03-10

Pages: 105 Pages

Report ld: 4517296

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