Industry: Chemical & Material
Published Date: 2026-07-14
Pages: 128 Pages
Report ld: 6923965
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CFRP Market Size(US$)

CAGR 2026-2032
5.2%
Market Size,2032
USD 598
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for CFRP was estimated to be worth US$ 421 million in 2025 and is projected to reach US$ 598 million, growing at a CAGR of 5.2% from 2026 to 2032.
CFRP are composite materials made through infusion of a resin and a carbon fiber reinforcement. They offer high weight savings, increased tensile strength, fatigue resistance, impact resistance and durability which make them ideal for use in diversified industrial applications. CFRP products are increasingly substituting metals in various automotive applications, primarily to reduce fuel consumption. They are used in manufacturing of tennis racquets, aerospace & automotive components, protective helmets, blades for wind turbines, molding compounds, plates for building & construction and imaging equipment structures. These materials can be used as a chemical or water purifier owing to carbon being a powerful absorbent.
CFRP products offer higher weight saving and thus a better fuel economy than the traditional materials such as steel and aluminum. Vehicle manufacturers are obliged to reduce the average energy consumption of vehicles, and this goal can be met using lightweight products. In addition, increased demands for eco-friendly and low VOCs products in vehicles enhance the need for CFRP products in automotive industry.
This report provides a comprehensive view of the global market for CFRP, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The CFRP market size, estimations, and forecasts are presented in terms of sales volume (K MT) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding CFRP.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the CFRP manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents CFRP sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents CFRP sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 CFRP Product Introduction
1.2 Global CFRP Market Size Forecast
1.2.1 Global CFRP Sales Value (2021–2032)
1.2.2 Global CFRP Sales Volume (2021–2032)
1.2.3 Global CFRP Sales Price (2021–2032)
1.3 CFRP Market Trends & Drivers
1.3.1 CFRP Industry Trends
1.3.2 CFRP Market Drivers & Opportunities
1.3.3 CFRP Market Challenges
1.3.4 CFRP Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global CFRP Players Revenue Ranking (2025)
2.2 Global CFRP Revenue by Company (2021–2026)
2.3 Global CFRP Sales Volume Ranking of Players (2025)
2.4 Global CFRP Sales Volume by Company (2021–2026)
2.5 Global CFRP Average Price by Company (2021–2026)
2.6 Key Manufacturers CFRP Manufacturing Base and Headquarters
2.7 Key Manufacturers CFRP Product Offerings
2.8 Key Manufacturers Start of Mass Production of CFRP
2.9 CFRP Market Competitive Analysis
2.9.1 CFRP Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by CFRP Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on CFRP revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation CFRP Market Classification
3.1 Introduction by Type
3.1.1 Thermosetting
3.1.2 Thermoplastic
3.1.3 Global CFRP Sales Value by Type
3.1.3.1 Global CFRP Sales Value by Type (2021 vs 2025 vs 2032)
3.1.3.2 Global CFRP Sales Value, by Type (2021–2032)
3.1.3.3 Global CFRP Sales Value, by Type (%), 2021–2032
3.1.4 Global CFRP Sales Volume by Type
3.1.4.1 Global CFRP Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global CFRP Sales Volume, by Type (2021–2032)
3.1.4.3 Global CFRP Sales Volume, by Type (%), 2021–2032
3.1.5 Global CFRP Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Aerospace & Defense
4.1.2 Wind Turbines
4.1.3 Automotive
4.1.4 Sports Equipment
4.1.5 Building & Construction
4.1.6 Molding Compounds
4.1.7 Others
4.2 Global CFRP Sales Value by Application
4.2.1 Global CFRP Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global CFRP Sales Value, by Application (2021–2032)
4.2.3 Global CFRP Sales Value, by Application (%), 2021–2032
4.3 Global CFRP Sales Volume by Application
4.3.1 Global CFRP Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global CFRP Sales Volume, by Application (2021–2032)
4.3.3 Global CFRP Sales Volume, by Application (%), 2021–2032
4.4 Global CFRP Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global CFRP Sales Value by Region
5.1.1 Global CFRP Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global CFRP Sales Value by Region (2021–2026)
5.1.3 Global CFRP Sales Value by Region (2027–2032)
5.1.4 Global CFRP Sales Value by Region (%), 2021–2032
5.2 Global CFRP Sales Volume by Region
5.2.1 Global CFRP Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global CFRP Sales Volume by Region (2021–2026)
5.2.3 Global CFRP Sales Volume by Region (2027–2032)
5.2.4 Global CFRP Sales Volume by Region (%), 2021–2032
5.3 Global CFRP Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America CFRP Sales Value, 2021–2032
5.4.2 North America CFRP Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe CFRP Sales Value, 2021–2032
5.5.2 Europe CFRP Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific CFRP Sales Value, 2021–2032
5.6.2 Asia Pacific CFRP Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America CFRP Sales Value, 2021–2032
5.7.2 South America CFRP Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa CFRP Sales Value, 2021–2032
5.8.2 Middle East & Africa CFRP Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions CFRP Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions CFRP Sales Value and Sales Volume
6.2.1 Key Countries/Regions CFRP Sales Value, 2021–2032
6.2.2 Key Countries/Regions CFRP Sales Volume, 2021–2032
6.3 United States
6.3.1 United States CFRP Sales Value, 2021–2032
6.3.2 United States CFRP Sales Value by Type (%), 2025 vs 2032
6.3.3 United States CFRP Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe CFRP Sales Value, 2021–2032
6.4.2 Europe CFRP Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe CFRP Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China CFRP Sales Value, 2021–2032
6.5.2 China CFRP Sales Value by Type (%), 2025 vs 2032
6.5.3 China CFRP Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan CFRP Sales Value, 2021–2032
6.6.2 Japan CFRP Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan CFRP Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea CFRP Sales Value, 2021–2032
6.7.2 South Korea CFRP Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea CFRP Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia CFRP Sales Value, 2021–2032
6.8.2 Southeast Asia CFRP Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia CFRP Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India CFRP Sales Value, 2021–2032
6.9.2 India CFRP Sales Value by Type (%), 2025 vs 2032
6.9.3 India CFRP Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Cytec Industries Inc.
7.1.1 Cytec Industries Inc. Company Information
7.1.2 Cytec Industries Inc. Introduction and Business Overview
7.1.3 Cytec Industries Inc. CFRP Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 Cytec Industries Inc. CFRP Product Offerings
7.1.5 Cytec Industries Inc. Recent Developments
7.2 DowAksa Advanced Composites Holdings B.V.
7.2.1 DowAksa Advanced Composites Holdings B.V. Company Information
7.2.2 DowAksa Advanced Composites Holdings B.V. Introduction and Business Overview
7.2.3 DowAksa Advanced Composites Holdings B.V. CFRP Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 DowAksa Advanced Composites Holdings B.V. CFRP Product Offerings
7.2.5 DowAksa Advanced Composites Holdings B.V. Recent Developments
7.3 Formosa Plastics Corporation
7.3.1 Formosa Plastics Corporation Company Information
7.3.2 Formosa Plastics Corporation Introduction and Business Overview
7.3.3 Formosa Plastics Corporation CFRP Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Formosa Plastics Corporation CFRP Product Offerings
7.3.5 Formosa Plastics Corporation Recent Developments
7.4 Hexcel Corporation
7.4.1 Hexcel Corporation Company Information
7.4.2 Hexcel Corporation Introduction and Business Overview
7.4.3 Hexcel Corporation CFRP Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 Hexcel Corporation CFRP Product Offerings
7.4.5 Hexcel Corporation Recent Developments
7.5 Jiangsu Hengshen Fibre Material Co., Ltd.
7.5.1 Jiangsu Hengshen Fibre Material Co., Ltd. Company Information
7.5.2 Jiangsu Hengshen Fibre Material Co., Ltd. Introduction and Business Overview
7.5.3 Jiangsu Hengshen Fibre Material Co., Ltd. CFRP Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 Jiangsu Hengshen Fibre Material Co., Ltd. CFRP Product Offerings
7.5.5 Jiangsu Hengshen Fibre Material Co., Ltd. Recent Developments
7.6 Mitsubishi Rayon Co., Ltd
7.6.1 Mitsubishi Rayon Co., Ltd Company Information
7.6.2 Mitsubishi Rayon Co., Ltd Introduction and Business Overview
7.6.3 Mitsubishi Rayon Co., Ltd CFRP Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 Mitsubishi Rayon Co., Ltd CFRP Product Offerings
7.6.5 Mitsubishi Rayon Co., Ltd Recent Developments
7.7 SGL Carbon SE
7.7.1 SGL Carbon SE Company Information
7.7.2 SGL Carbon SE Introduction and Business Overview
7.7.3 SGL Carbon SE CFRP Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 SGL Carbon SE CFRP Product Offerings
7.7.5 SGL Carbon SE Recent Developments
7.8 Teijin Limited.
7.8.1 Teijin Limited. Company Information
7.8.2 Teijin Limited. Introduction and Business Overview
7.8.3 Teijin Limited. CFRP Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 Teijin Limited. CFRP Product Offerings
7.8.5 Teijin Limited. Recent Developments
7.9 Toray Industries, Inc.
7.9.1 Toray Industries, Inc. Company Information
7.9.2 Toray Industries, Inc. Introduction and Business Overview
7.9.3 Toray Industries, Inc. CFRP Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 Toray Industries, Inc. CFRP Product Offerings
7.9.5 Toray Industries, Inc. Recent Developments
7.10 Zhongfu Shenying Carbon Fiber Co., Ltd.
7.10.1 Zhongfu Shenying Carbon Fiber Co., Ltd. Company Information
7.10.2 Zhongfu Shenying Carbon Fiber Co., Ltd. Introduction and Business Overview
7.10.3 Zhongfu Shenying Carbon Fiber Co., Ltd. CFRP Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 Zhongfu Shenying Carbon Fiber Co., Ltd. CFRP Product Offerings
7.10.5 Zhongfu Shenying Carbon Fiber Co., Ltd. Recent Developments
8 Industry Chain Analysis
8.1 CFRP Industrial Chain
8.2 CFRP Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 CFRP Sales Model
8.5.2 Sales Channels
8.5.3 CFRP 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
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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