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Part 5
Description
The global market for Carbon Fiber was estimated to be worth US$ 3408 million in 2024 and is forecast to a readjusted size of US$ 7764 million by 2031 with a CAGR of 13.3% during the forecast period 2025-2031. 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.
This report aims to provide a comprehensive presentation of the global market for Carbon Fiber, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Carbon Fiber by region & country, by Type, and by Application.
The 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 Carbon Fiber.
Market Segmentation
Report Metric
Details
Report Title
Carbon Fiber - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
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, 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 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 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 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 Carbon Fiber Product Introduction
1.2 Global Carbon Fiber Market Size Forecast
1.2.1 Global Carbon Fiber Sales Value (2020-2031)
1.2.2 Global Carbon Fiber Sales Volume (2020-2031)
1.2.3 Global Carbon Fiber Sales Price (2020-2031)
1.3 Carbon Fiber Market Trends & Drivers
1.3.1 Carbon Fiber Industry Trends
1.3.2 Carbon Fiber Market Drivers & Opportunity
1.3.3 Carbon Fiber Market Challenges
1.3.4 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 Carbon Fiber Players Revenue Ranking (2024)
2.2 Global Carbon Fiber Revenue by Company (2020-2025)
2.3 Global Carbon Fiber Players Sales Volume Ranking (2024)
2.4 Global Carbon Fiber Sales Volume by Company Players (2020-2025)
2.5 Global Carbon Fiber Average Price by Company (2020-2025)
2.6 Key Manufacturers Carbon Fiber Manufacturing Base and Headquarters
2.7 Key Manufacturers Carbon Fiber Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Carbon Fiber
2.9 Carbon Fiber Market Competitive Analysis
2.9.1 Carbon Fiber Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by 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 Carbon Fiber as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Regular-Tow Carbon Fiber
3.1.2 Large-Tow Carbon Fiber
3.2 Global Carbon Fiber Sales Value by Type
3.2.1 Global Carbon Fiber Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Carbon Fiber Sales Value, by Type (2020-2031)
3.2.3 Global Carbon Fiber Sales Value, by Type (%) (2020-2031)
3.3 Global Carbon Fiber Sales Volume by Type
3.3.1 Global Carbon Fiber Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Carbon Fiber Sales Volume, by Type (2020-2031)
3.3.3 Global Carbon Fiber Sales Volume, by Type (%) (2020-2031)
3.4 Global Carbon Fiber Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Wind Energy
4.1.2 Sports/Leisure
4.1.3 Aerospace and Defense
4.1.4 Pressure Vessel
4.1.5 Automotive
4.1.6 Other
4.2 Global Carbon Fiber Sales Value by Application
4.2.1 Global Carbon Fiber Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Carbon Fiber Sales Value, by Application (2020-2031)
4.2.3 Global Carbon Fiber Sales Value, by Application (%) (2020-2031)
4.3 Global Carbon Fiber Sales Volume by Application
4.3.1 Global Carbon Fiber Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Carbon Fiber Sales Volume, by Application (2020-2031)
4.3.3 Global Carbon Fiber Sales Volume, by Application (%) (2020-2031)
4.4 Global Carbon Fiber Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Carbon Fiber Sales Value by Region
5.1.1 Global Carbon Fiber Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Carbon Fiber Sales Value by Region (2020-2025)
5.1.3 Global Carbon Fiber Sales Value by Region (2026-2031)
5.1.4 Global Carbon Fiber Sales Value by Region (%), (2020-2031)
5.2 Global Carbon Fiber Sales Volume by Region
5.2.1 Global Carbon Fiber Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Carbon Fiber Sales Volume by Region (2020-2025)
5.2.3 Global Carbon Fiber Sales Volume by Region (2026-2031)
5.2.4 Global Carbon Fiber Sales Volume by Region (%), (2020-2031)
5.3 Global Carbon Fiber Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Carbon Fiber Sales Value, 2020-2031
5.4.2 North America Carbon Fiber Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Carbon Fiber Sales Value, 2020-2031
5.5.2 Europe Carbon Fiber Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Carbon Fiber Sales Value, 2020-2031
5.6.2 Asia Pacific Carbon Fiber Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Carbon Fiber Sales Value, 2020-2031
5.7.2 South America Carbon Fiber Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Carbon Fiber Sales Value, 2020-2031
5.8.2 Middle East & Africa Carbon Fiber Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Carbon Fiber Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Carbon Fiber Sales Value and Sales Volume
6.2.1 Key Countries/Regions Carbon Fiber Sales Value, 2020-2031
6.2.2 Key Countries/Regions Carbon Fiber Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Carbon Fiber Sales Value, 2020-2031
6.3.2 United States Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Carbon Fiber Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Carbon Fiber Sales Value, 2020-2031
6.4.2 Europe Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Carbon Fiber Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Carbon Fiber Sales Value, 2020-2031
6.5.2 China Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.5.3 China Carbon Fiber Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Carbon Fiber Sales Value, 2020-2031
6.6.2 Japan Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Carbon Fiber Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Carbon Fiber Sales Value, 2020-2031
6.7.2 South Korea Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Carbon Fiber Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Carbon Fiber Sales Value, 2020-2031
6.8.2 Southeast Asia Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Carbon Fiber Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Carbon Fiber Sales Value, 2020-2031
6.9.2 India Carbon Fiber Sales Value by Type (%), 2024 VS 2031
6.9.3 India Carbon Fiber Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Toray
7.1.1 Toray Company Information
7.1.2 Toray Introduction and Business Overview
7.1.3 Toray Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Toray Carbon Fiber Product Offerings
7.1.5 Toray Recent Development
7.2 MCCFC
7.2.1 MCCFC Company Information
7.2.2 MCCFC Introduction and Business Overview
7.2.3 MCCFC Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 MCCFC Carbon Fiber Product Offerings
7.2.5 MCCFC Recent Development
7.3 Teijin
7.3.1 Teijin Company Information
7.3.2 Teijin Introduction and Business Overview
7.3.3 Teijin Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Teijin Carbon Fiber Product Offerings
7.3.5 Teijin Recent Development
7.4 Hexcel
7.4.1 Hexcel Company Information
7.4.2 Hexcel Introduction and Business Overview
7.4.3 Hexcel Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Hexcel Carbon Fiber Product Offerings
7.4.5 Hexcel Recent Development
7.5 Hyosung Advanced Materials
7.5.1 Hyosung Advanced Materials Company Information
7.5.2 Hyosung Advanced Materials Introduction and Business Overview
7.5.3 Hyosung Advanced Materials Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Hyosung Advanced Materials Carbon Fiber Product Offerings
7.5.5 Hyosung Advanced Materials Recent Development
7.6 SGL Carbon
7.6.1 SGL Carbon Company Information
7.6.2 SGL Carbon Introduction and Business Overview
7.6.3 SGL Carbon Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 SGL Carbon Carbon Fiber Product Offerings
7.6.5 SGL Carbon Recent Development
7.7 Formosa Plastics
7.7.1 Formosa Plastics Company Information
7.7.2 Formosa Plastics Introduction and Business Overview
7.7.3 Formosa Plastics Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Formosa Plastics Carbon Fiber Product Offerings
7.7.5 Formosa Plastics Recent Development
7.8 DowAksa
7.8.1 DowAksa Company Information
7.8.2 DowAksa Introduction and Business Overview
7.8.3 DowAksa Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 DowAksa Carbon Fiber Product Offerings
7.8.5 DowAksa Recent Development
7.9 Syensqo
7.9.1 Syensqo Company Information
7.9.2 Syensqo Introduction and Business Overview
7.9.3 Syensqo Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Syensqo Carbon Fiber Product Offerings
7.9.5 Syensqo Recent Development
7.10 UMATEX
7.10.1 UMATEX Company Information
7.10.2 UMATEX Introduction and Business Overview
7.10.3 UMATEX Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 UMATEX Carbon Fiber Product Offerings
7.10.5 UMATEX Recent Development
7.11 Taekwang Industrial
7.11.1 Taekwang Industrial Company Information
7.11.2 Taekwang Industrial Introduction and Business Overview
7.11.3 Taekwang Industrial Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Taekwang Industrial Carbon Fiber Product Offerings
7.11.5 Taekwang Industrial Recent Development
7.12 Zhongfu Shenying
7.12.1 Zhongfu Shenying Company Information
7.12.2 Zhongfu Shenying Introduction and Business Overview
7.12.3 Zhongfu Shenying Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Zhongfu Shenying Carbon Fiber Product Offerings
7.12.5 Zhongfu Shenying Recent Development
7.13 Jilin Chemical Fiber
7.13.1 Jilin Chemical Fiber Company Information
7.13.2 Jilin Chemical Fiber Introduction and Business Overview
7.13.3 Jilin Chemical Fiber Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Jilin Chemical Fiber Carbon Fiber Product Offerings
7.13.5 Jilin Chemical Fiber Recent Development
7.14 Baowu Carbon
7.14.1 Baowu Carbon Company Information
7.14.2 Baowu Carbon Introduction and Business Overview
7.14.3 Baowu Carbon Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Baowu Carbon Carbon Fiber Product Offerings
7.14.5 Baowu Carbon Recent Development
7.15 Weihai Guangwei Composites
7.15.1 Weihai Guangwei Composites Company Information
7.15.2 Weihai Guangwei Composites Introduction and Business Overview
7.15.3 Weihai Guangwei Composites Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Weihai Guangwei Composites Carbon Fiber Product Offerings
7.15.5 Weihai Guangwei Composites Recent Development
7.16 Sinofibers Technology
7.16.1 Sinofibers Technology Company Information
7.16.2 Sinofibers Technology Introduction and Business Overview
7.16.3 Sinofibers Technology Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Sinofibers Technology Carbon Fiber Product Offerings
7.16.5 Sinofibers Technology Recent Development
7.17 Jiangsu Hengshen
7.17.1 Jiangsu Hengshen Company Information
7.17.2 Jiangsu Hengshen Introduction and Business Overview
7.17.3 Jiangsu Hengshen Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Jiangsu Hengshen Carbon Fiber Product Offerings
7.17.5 Jiangsu Hengshen Recent Development
7.18 Newtech Group
7.18.1 Newtech Group Company Information
7.18.2 Newtech Group Introduction and Business Overview
7.18.3 Newtech Group Carbon Fiber Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Newtech Group Carbon Fiber Product Offerings
7.18.5 Newtech Group Recent Development
8 Industry Chain Analysis
8.1 Carbon Fiber Industrial Chain
8.2 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 Carbon Fiber Sales Model
8.5.2 Sales Channel
8.5.3 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. Carbon Fiber Market Trends
Table 2. Carbon Fiber Market Drivers & Opportunity
Table 3. Carbon Fiber Market Challenges
Table 4. Carbon Fiber Market Restraints
Table 5. Global Carbon Fiber Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Carbon Fiber Revenue Market Share by Company (2020-2025)
Table 7. Global Carbon Fiber Sales Volume by Company (2020-2025) & (Tons)
Table 8. Global Carbon Fiber Sales Volume Market Share by Company (2020-2025)
Table 9. Global Market Carbon Fiber Price by Company (2020-2025) & (USD/Kg)
Table 10. Key Manufacturers Carbon Fiber Manufacturing Base and Headquarters
Table 11. Key Manufacturers Carbon Fiber Product Type
Table 12. Key Manufacturers Time to Begin Mass Production of Carbon Fiber
Table 13. Global 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 Carbon Fiber as of 2024)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Carbon Fiber Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Carbon Fiber Sales Value by Type (2020-2025) & (US$ Million)
Table 18. Global Carbon Fiber Sales Value by Type (2026-2031) & (US$ Million)
Table 19. Global Carbon Fiber Sales Market Share in Value by Type (2020-2025)
Table 20. Global Carbon Fiber Sales Market Share in Value by Type (2026-2031)
Table 21. Global Carbon Fiber Sales Volume by Type: 2020 VS 2024 VS 2031 (Tons)
Table 22. Global Carbon Fiber Sales Volume by Type (2020-2025) & (Tons)
Table 23. Global Carbon Fiber Sales Volume by Type (2026-2031) & (Tons)
Table 24. Global Carbon Fiber Sales Market Share in Volume by Type (2020-2025)
Table 25. Global Carbon Fiber Sales Market Share in Volume by Type (2026-2031)
Table 26. Global Carbon Fiber Price by Type (2020-2025) & (USD/Kg)
Table 27. Global Carbon Fiber Price by Type (2026-2031) & (USD/Kg)
Table 28. Global Carbon Fiber Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 29. Global Carbon Fiber Sales Value by Application (2020-2025) & (US$ Million)
Table 30. Global Carbon Fiber Sales Value by Application (2026-2031) & (US$ Million)
Table 31. Global Carbon Fiber Sales Market Share in Value by Application (2020-2025)
Table 32. Global Carbon Fiber Sales Market Share in Value by Application (2026-2031)
Table 33. Global Carbon Fiber Sales Volume by Application: 2020 VS 2024 VS 2031 (Tons)
Table 34. Global Carbon Fiber Sales Volume by Application (2020-2025) & (Tons)
Table 35. Global Carbon Fiber Sales Volume by Application (2026-2031) & (Tons)
Table 36. Global Carbon Fiber Sales Market Share in Volume by Application (2020-2025)
Table 37. Global Carbon Fiber Sales Market Share in Volume by Application (2026-2031)
Table 38. Global Carbon Fiber Price by Application (2020-2025) & (USD/Kg)
Table 39. Global Carbon Fiber Price by Application (2026-2031) & (USD/Kg)
Table 40. Global Carbon Fiber Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 41. Global Carbon Fiber Sales Value by Region (2020-2025) & (US$ Million)
Table 42. Global Carbon Fiber Sales Value by Region (2026-2031) & (US$ Million)
Table 43. Global Carbon Fiber Sales Value by Region (2020-2025) & (%)
Table 44. Global Carbon Fiber Sales Value by Region (2026-2031) & (%)
Table 45. Global Carbon Fiber Sales Volume by Region (Tons): 2020 VS 2024 VS 2031
Table 46. Global Carbon Fiber Sales Volume by Region (2020-2025) & (Tons)
Table 47. Global Carbon Fiber Sales Volume by Region (2026-2031) & (Tons)
Table 48. Global Carbon Fiber Sales Volume by Region (2020-2025) & (%)
Table 49. Global Carbon Fiber Sales Volume by Region (2026-2031) & (%)
Table 50. Global Carbon Fiber Average Price by Region (2020-2025) & (USD/Kg)
Table 51. Global Carbon Fiber Average Price by Region (2026-2031) & (USD/Kg)
Table 52. Key Countries/Regions Carbon Fiber Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 53. Key Countries/Regions Carbon Fiber Sales Value, (2020-2025) & (US$ Million)
Table 54. Key Countries/Regions Carbon Fiber Sales Value, (2026-2031) & (US$ Million)
Table 55. Key Countries/Regions Carbon Fiber Sales Volume, (2020-2025) & (Tons)
Table 56. Key Countries/Regions Carbon Fiber Sales Volume, (2026-2031) & (Tons)
Table 57. Toray Company Information
Table 58. Toray Introduction and Business Overview
Table 59. Toray Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 60. Toray Carbon Fiber Product Offerings
Table 61. Toray Recent Development
Table 62. MCCFC Company Information
Table 63. MCCFC Introduction and Business Overview
Table 64. MCCFC Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 65. MCCFC Carbon Fiber Product Offerings
Table 66. MCCFC Recent Development
Table 67. Teijin Company Information
Table 68. Teijin Introduction and Business Overview
Table 69. Teijin Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 70. Teijin Carbon Fiber Product Offerings
Table 71. Teijin Recent Development
Table 72. Hexcel Company Information
Table 73. Hexcel Introduction and Business Overview
Table 74. Hexcel Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 75. Hexcel Carbon Fiber Product Offerings
Table 76. Hexcel Recent Development
Table 77. Hyosung Advanced Materials Company Information
Table 78. Hyosung Advanced Materials Introduction and Business Overview
Table 79. Hyosung Advanced Materials Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 80. Hyosung Advanced Materials Carbon Fiber Product Offerings
Table 81. Hyosung Advanced Materials Recent Development
Table 82. SGL Carbon Company Information
Table 83. SGL Carbon Introduction and Business Overview
Table 84. SGL Carbon Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 85. SGL Carbon Carbon Fiber Product Offerings
Table 86. SGL Carbon Recent Development
Table 87. Formosa Plastics Company Information
Table 88. Formosa Plastics Introduction and Business Overview
Table 89. Formosa Plastics Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 90. Formosa Plastics Carbon Fiber Product Offerings
Table 91. Formosa Plastics Recent Development
Table 92. DowAksa Company Information
Table 93. DowAksa Introduction and Business Overview
Table 94. DowAksa Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 95. DowAksa Carbon Fiber Product Offerings
Table 96. DowAksa Recent Development
Table 97. Syensqo Company Information
Table 98. Syensqo Introduction and Business Overview
Table 99. Syensqo Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 100. Syensqo Carbon Fiber Product Offerings
Table 101. Syensqo Recent Development
Table 102. UMATEX Company Information
Table 103. UMATEX Introduction and Business Overview
Table 104. UMATEX Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 105. UMATEX Carbon Fiber Product Offerings
Table 106. UMATEX Recent Development
Table 107. Taekwang Industrial Company Information
Table 108. Taekwang Industrial Introduction and Business Overview
Table 109. Taekwang Industrial Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 110. Taekwang Industrial Carbon Fiber Product Offerings
Table 111. Taekwang Industrial Recent Development
Table 112. Zhongfu Shenying Company Information
Table 113. Zhongfu Shenying Introduction and Business Overview
Table 114. Zhongfu Shenying Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 115. Zhongfu Shenying Carbon Fiber Product Offerings
Table 116. Zhongfu Shenying Recent Development
Table 117. Jilin Chemical Fiber Company Information
Table 118. Jilin Chemical Fiber Introduction and Business Overview
Table 119. Jilin Chemical Fiber Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 120. Jilin Chemical Fiber Carbon Fiber Product Offerings
Table 121. Jilin Chemical Fiber Recent Development
Table 122. Baowu Carbon Company Information
Table 123. Baowu Carbon Introduction and Business Overview
Table 124. Baowu Carbon Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 125. Baowu Carbon Carbon Fiber Product Offerings
Table 126. Baowu Carbon Recent Development
Table 127. Weihai Guangwei Composites Company Information
Table 128. Weihai Guangwei Composites Introduction and Business Overview
Table 129. Weihai Guangwei Composites Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 130. Weihai Guangwei Composites Carbon Fiber Product Offerings
Table 131. Weihai Guangwei Composites Recent Development
Table 132. Sinofibers Technology Company Information
Table 133. Sinofibers Technology Introduction and Business Overview
Table 134. Sinofibers Technology Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 135. Sinofibers Technology Carbon Fiber Product Offerings
Table 136. Sinofibers Technology Recent Development
Table 137. Jiangsu Hengshen Company Information
Table 138. Jiangsu Hengshen Introduction and Business Overview
Table 139. Jiangsu Hengshen Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 140. Jiangsu Hengshen Carbon Fiber Product Offerings
Table 141. Jiangsu Hengshen Recent Development
Table 142. Newtech Group Company Information
Table 143. Newtech Group Introduction and Business Overview
Table 144. Newtech Group Carbon Fiber Sales (Tons), Revenue (US$ Million), Price (USD/Kg) and Gross Margin (2020-2025)
Table 145. Newtech Group Carbon Fiber Product Offerings
Table 146. Newtech Group Recent Development
Table 147. Key Raw Materials Lists
Table 148. Raw Materials Key Suppliers Lists
Table 149. Carbon Fiber Downstream Customers
Table 150. Carbon Fiber Distributors List
Table 151. Research Programs/Design for This Report
Table 152. Key Data Information from Secondary Sources
Table 153. Key Data Information from Primary Sources
List of Figures
Figure 1. Carbon Fiber Product Picture
Figure 2. Global Carbon Fiber Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Carbon Fiber Sales Value (2020-2031) & (US$ Million)
Figure 4. Global Carbon Fiber Sales Volume (2020-2031) & (Tons)
Figure 5. Global Carbon Fiber Sales Price (2020-2031) & (USD/Kg)
Figure 6. Carbon Fiber Report Years Considered
Figure 7. Global Carbon Fiber Players Revenue Ranking (2024) & (US$ Million)
Figure 8. Global Carbon Fiber Players Sales Volume Ranking (2024) & (Tons)
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Carbon Fiber Revenue in 2024
Figure 10. Carbon Fiber Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 11. Regular-Tow Carbon Fiber Picture
Figure 12. Large-Tow Carbon Fiber Picture
Figure 13. Global Carbon Fiber Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 14. Global Carbon Fiber Sales Value Market Share by Type, 2024 & 2031
Figure 15. Global Carbon Fiber Sales Volume by Type (2020 VS 2024 VS 2031) & (Tons)
Figure 16. Global Carbon Fiber Sales Volume Market Share by Type, 2024 & 2031
Figure 17. Global Carbon Fiber Price by Type (2020-2031) & (USD/Kg)
Figure 18. Product Picture of Wind Energy
Figure 19. Product Picture of Sports/Leisure
Figure 20. Product Picture of Aerospace and Defense
Figure 21. Product Picture of Pressure Vessel
Figure 22. Product Picture of Automotive
Figure 23. Product Picture of Other
Figure 24. Global Carbon Fiber Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 25. Global Carbon Fiber Sales Value Market Share by Application, 2024 & 2031
Figure 26. Global Carbon Fiber Sales Volume by Application (2020 VS 2024 VS 2031) & (Tons)
Figure 27. Global Carbon Fiber Sales Volume Market Share by Application, 2024 & 2031
Figure 28. Global Carbon Fiber Price by Application (2020-2031) & (USD/Kg)
Figure 29. North America Carbon Fiber Sales Value (2020-2031) & (US$ Million)
Figure 30. North America Carbon Fiber Sales Value by Country (%), 2024 VS 2031
Figure 31. Europe Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
Figure 32. Europe Carbon Fiber Sales Value by Country (%), 2024 VS 2031
Figure 33. Asia Pacific Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
Figure 34. Asia Pacific Carbon Fiber Sales Value by Region (%), 2024 VS 2031
Figure 35. South America Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
Figure 36. South America Carbon Fiber Sales Value by Country (%), 2024 VS 2031
Figure 37. Middle East & Africa Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
Figure 38. Middle East & Africa Carbon Fiber Sales Value by Country (%), 2024 VS 2031
Figure 39. Key Countries/Regions Carbon Fiber Sales Value (%), (2020-2031)
Figure 40. Key Countries/Regions Carbon Fiber Sales Volume (%), (2020-2031)
Figure 41. United States Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
Figure 42. United States Carbon Fiber Sales Value by Type (%), 2024 VS 2031
Figure 43. United States Carbon Fiber Sales Value by Application (%), 2024 VS 2031
Figure 44. Europe Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
Figure 45. Europe Carbon Fiber Sales Value by Type (%), 2024 VS 2031
Figure 46. Europe Carbon Fiber Sales Value by Application (%), 2024 VS 2031
Figure 47. China Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
Figure 48. China Carbon Fiber Sales Value by Type (%), 2024 VS 2031
Figure 49. China Carbon Fiber Sales Value by Application (%), 2024 VS 2031
Figure 50. Japan Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
Figure 51. Japan Carbon Fiber Sales Value by Type (%), 2024 VS 2031
Figure 52. Japan Carbon Fiber Sales Value by Application (%), 2024 VS 2031
Figure 53. South Korea Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
Figure 54. South Korea Carbon Fiber Sales Value by Type (%), 2024 VS 2031
Figure 55. South Korea Carbon Fiber Sales Value by Application (%), 2024 VS 2031
Figure 56. Southeast Asia Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
Figure 57. Southeast Asia Carbon Fiber Sales Value by Type (%), 2024 VS 2031
Figure 58. Southeast Asia Carbon Fiber Sales Value by Application (%), 2024 VS 2031
Figure 59. India Carbon Fiber Sales Value, (2020-2031) & (US$ Million)
Figure 60. India Carbon Fiber Sales Value by Type (%), 2024 VS 2031
Figure 61. India Carbon Fiber Sales Value by Application (%), 2024 VS 2031
Figure 62. Carbon Fiber Industrial Chain
Figure 63. Carbon Fiber Manufacturing Cost Structure
Figure 64. Channels of Distribution (Direct Sales, and Distribution)
Figure 65. Bottom-up and Top-down Approaches for This Report
Figure 66. Data Triangulation
Figure 67. Key Executives Interviewed
Description
The global market for Carbon Fiber was estimated to be worth US$ 3408 million in 2024 and is forecast to a readjusted size of US$ 7764 million by 2031 with a CAGR of 13.3% during the forecast period 2025-2031. 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.
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.
This report aims to provide a comprehensive presentation of the global market for Carbon Fiber, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Carbon Fiber by region & country, by Type, and by Application.
The 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 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 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 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 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.
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SIMON LEE
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HITESH BALCHANDANI
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