Global Carbon Fiber and CFRP Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Carbon Fiber and CFRP market size was valued at US$ 12710 million in 2024 and is forecast to a readjusted size of USD 29500 million by 2031 with a CAGR of 13.1% during review period.
Carbon fiber is a high-performance material composed of thin, strong crystalline filaments of carbon atoms. It is known for its exceptional strength-to-weight ratio, high stiffness, corrosion resistance, and excellent fatigue properties. These properties make it a preferred choice for applications where lightweight and high strength are critical.
Carbon fiber is produced through the controlled pyrolysis of precursor materials such as polyacrylonitrile (PAN) and pitch. The resulting fiber is woven into fabrics or combined with resins to form carbon fiber reinforced polymer (CFRP), which is widely used in various industries.
Intensified Competition: The market is dominated by major players such as Toray, MCCFC, Hexcel, and Teijin. At the same time, new players are entering the market, increasing competition in the large tow carbon fiber segment.
Improved Manufacturing Processes: Advanced resin transfer molding (RTM), 3D weaving, and AI-assisted material design enhance production efficiency.
Cost Reduction Efforts: Manufacturers are investing in new production techniques like low-cost precursors (lignin-based, bio-based), automated fiber placement (AFP), and optimized resin infusion techniques.
Growing Demand from Aerospace and Automotive Industries: The aerospace sector increasingly adopts carbon fiber to reduce aircraft weight and improve fuel efficiency. The automotive industry is accelerating carbon fiber adoption, particularly in EVs and high-performance sports cars.
Renewable Energy Expansion: Wind energy is a significant driver, as larger wind turbine blades (over 100 meters) require high-strength carbon fiber composites for durability and weight reduction.
Rising Demand in Infrastructure and Construction: The use of carbon fiber-reinforced concrete (CFRC) in earthquake-resistant buildings and bridges is increasing due to its high durability and corrosion resistance.
This report is a detailed and comprehensive analysis for global Carbon Fiber and CFRP market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Carbon Fiber and CFRP market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2020-2031
Global Carbon Fiber and CFRP market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2020-2031
Global Carbon Fiber and CFRP market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2020-2031
Global Carbon Fiber and CFRP market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/kg), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Carbon Fiber and CFRP
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Carbon Fiber and CFRP market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toray, MCCFC, Teijin, Hexcel, Hyosung Advanced Materials, SGL Carbon, Formosa Plastics, DowAksa, Syensqo, UMATEX, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Carbon Fiber and CFRP market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Carbon Fiber
CFRP
Market segment by Application
Aerospace and Defense
Sports/Leisure
Wind Energy
Pressure Vessel
Automotive
Other
Major players 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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Carbon Fiber and CFRP product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Carbon Fiber and CFRP, with price, sales quantity, revenue, and global market share of Carbon Fiber and CFRP from 2020 to 2025.
Chapter 3, the Carbon Fiber and CFRP competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Carbon Fiber and CFRP breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Carbon Fiber and CFRP market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Carbon Fiber and CFRP.
Chapter 14 and 15, to describe Carbon Fiber and CFRP sales channel, distributors, customers, research findings and conclusion.
Carbon fiber is a high-performance material composed of thin, strong crystalline filaments of carbon atoms. It is known for its exceptional strength-to-weight ratio, high stiffness, corrosion resistance, and excellent fatigue properties. These properties make it a preferred choice for applications where lightweight and high strength are critical.
Carbon fiber is produced through the controlled pyrolysis of precursor materials such as polyacrylonitrile (PAN) and pitch. The resulting fiber is woven into fabrics or combined with resins to form carbon fiber reinforced polymer (CFRP), which is widely used in various industries.
Intensified Competition: The market is dominated by major players such as Toray, MCCFC, Hexcel, and Teijin. At the same time, new players are entering the market, increasing competition in the large tow carbon fiber segment.
Improved Manufacturing Processes: Advanced resin transfer molding (RTM), 3D weaving, and AI-assisted material design enhance production efficiency.
Cost Reduction Efforts: Manufacturers are investing in new production techniques like low-cost precursors (lignin-based, bio-based), automated fiber placement (AFP), and optimized resin infusion techniques.
Growing Demand from Aerospace and Automotive Industries: The aerospace sector increasingly adopts carbon fiber to reduce aircraft weight and improve fuel efficiency. The automotive industry is accelerating carbon fiber adoption, particularly in EVs and high-performance sports cars.
Renewable Energy Expansion: Wind energy is a significant driver, as larger wind turbine blades (over 100 meters) require high-strength carbon fiber composites for durability and weight reduction.
Rising Demand in Infrastructure and Construction: The use of carbon fiber-reinforced concrete (CFRC) in earthquake-resistant buildings and bridges is increasing due to its high durability and corrosion resistance.
This report is a detailed and comprehensive analysis for global Carbon Fiber and CFRP market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Carbon Fiber and CFRP market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2020-2031
Global Carbon Fiber and CFRP market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2020-2031
Global Carbon Fiber and CFRP market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2020-2031
Global Carbon Fiber and CFRP market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/kg), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Carbon Fiber and CFRP
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Carbon Fiber and CFRP market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toray, MCCFC, Teijin, Hexcel, Hyosung Advanced Materials, SGL Carbon, Formosa Plastics, DowAksa, Syensqo, UMATEX, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Carbon Fiber and CFRP market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Carbon Fiber
CFRP
Market segment by Application
Aerospace and Defense
Sports/Leisure
Wind Energy
Pressure Vessel
Automotive
Other
Major players 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
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Carbon Fiber and CFRP product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Carbon Fiber and CFRP, with price, sales quantity, revenue, and global market share of Carbon Fiber and CFRP from 2020 to 2025.
Chapter 3, the Carbon Fiber and CFRP competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Carbon Fiber and CFRP breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Carbon Fiber and CFRP market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Carbon Fiber and CFRP.
Chapter 14 and 15, to describe Carbon Fiber and CFRP sales channel, distributors, customers, research findings and conclusion.
Table of Contents
141 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Carbon Fiber and CFRP by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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