Global Polyacrylonitrile-based Carbon Fibers Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Polyacrylonitrile-based Carbon Fibers market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
Polyacrylonitrile-based carbon fiber is a high-performance fiber material made of polyacrylonitrile (PAN) fiber through pre-oxidation, carbonization and other processes. Its main characteristics are low density, high strength, high modulus, high temperature resistance, corrosion resistance, fatigue resistance, etc. It is widely used in aerospace, automobile, wind turbine blades, construction, sports and leisure and other fields.
The production process of polyacrylonitrile-based carbon fiber includes polymerization, spinning, pre-oxidation and carbonization. First, acrylonitrile monomer forms polyacrylonitrile fiber through polymerization reaction, and then carbonization treatment is carried out under high temperature inert atmosphere to finally obtain carbon fiber. This fiber has become the mainstream product in the carbon fiber market due to its excellent mechanical properties and multifunctional properties, accounting for more than 90% of the global carbon fiber production.
With the increase in global demand for high-performance materials, the application of polyacrylonitrile-based carbon fiber in aerospace, new energy and industrial fields continues to expand. In particular, in wind turbine blades, aerospace structural parts and automotive lightweight materials, its market demand continues to grow. In the future, with technological advances and cost reductions, polyacrylonitrile-based carbon fiber is expected to play an important role in more high-end applications.
Market development opportunities and main driving factors
The polyacrylonitrile-based carbon fiber market benefits from the rapid development of aerospace, automobile manufacturing, and wind turbine blades. The increasing demand for high-strength, low-density materials in these industries has promoted the widespread application of polyacrylonitrile-based carbon fibers. Technological innovation and policy support are key factors in market development, and the optimization of production processes and cost reduction have further expanded its application scope.
Risks facing the market
Despite the broad market prospects, the polyacrylonitrile-based carbon fiber industry faces the risks of raw material price fluctuations, intensified market competition, and technological substitution. The prices of raw materials such as acrylonitrile and phenol are affected by a variety of factors, including crude oil price fluctuations and changes in supply and demand. In addition, international trade protectionism and the emergence of alternative materials may also have an adverse impact on market demand.
Downstream demand trends
The downstream demand for polyacrylonitrile-based carbon fibers is mainly concentrated in aerospace, automobile manufacturing, wind turbine blades, and sports and leisure. With technological advancement and cost reduction, the demand for polyacrylonitrile-based carbon fibers in these fields will continue to grow. In the future, with the rapid development of new energy and new materials, its application scope will be further expanded.
This report is a detailed and comprehensive analysis for global Polyacrylonitrile-based Carbon Fibers 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 Polyacrylonitrile-based Carbon Fibers market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Polyacrylonitrile-based Carbon Fibers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Polyacrylonitrile-based Carbon Fibers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Polyacrylonitrile-based Carbon Fibers market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 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 Polyacrylonitrile-based Carbon Fibers
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 Polyacrylonitrile-based Carbon Fibers 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, Toho, Misubishi Rayon, Hecel, Cytec, Zoltek, AKSA, SGL, Formosa, HYOSUNG, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Polyacrylonitrile-based Carbon Fibers 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
Spun Type
Filament Type
Others
Market segment by Application
Aerospace
Automotive
Sports & Entertainment
Others
Major players covered
Toray
Toho
Misubishi Rayon
Hecel
Cytec
Zoltek
AKSA
SGL
Formosa
HYOSUNG
TAEKWANG
Teijin Carbon
Zhongfu Shenying
Solvay
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 Polyacrylonitrile-based Carbon Fibers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Polyacrylonitrile-based Carbon Fibers, with price, sales quantity, revenue, and global market share of Polyacrylonitrile-based Carbon Fibers from 2020 to 2025.
Chapter 3, the Polyacrylonitrile-based Carbon Fibers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Polyacrylonitrile-based Carbon Fibers 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 Polyacrylonitrile-based Carbon Fibers 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 Polyacrylonitrile-based Carbon Fibers.
Chapter 14 and 15, to describe Polyacrylonitrile-based Carbon Fibers sales channel, distributors, customers, research findings and conclusion.
Polyacrylonitrile-based carbon fiber is a high-performance fiber material made of polyacrylonitrile (PAN) fiber through pre-oxidation, carbonization and other processes. Its main characteristics are low density, high strength, high modulus, high temperature resistance, corrosion resistance, fatigue resistance, etc. It is widely used in aerospace, automobile, wind turbine blades, construction, sports and leisure and other fields.
The production process of polyacrylonitrile-based carbon fiber includes polymerization, spinning, pre-oxidation and carbonization. First, acrylonitrile monomer forms polyacrylonitrile fiber through polymerization reaction, and then carbonization treatment is carried out under high temperature inert atmosphere to finally obtain carbon fiber. This fiber has become the mainstream product in the carbon fiber market due to its excellent mechanical properties and multifunctional properties, accounting for more than 90% of the global carbon fiber production.
With the increase in global demand for high-performance materials, the application of polyacrylonitrile-based carbon fiber in aerospace, new energy and industrial fields continues to expand. In particular, in wind turbine blades, aerospace structural parts and automotive lightweight materials, its market demand continues to grow. In the future, with technological advances and cost reductions, polyacrylonitrile-based carbon fiber is expected to play an important role in more high-end applications.
Market development opportunities and main driving factors
The polyacrylonitrile-based carbon fiber market benefits from the rapid development of aerospace, automobile manufacturing, and wind turbine blades. The increasing demand for high-strength, low-density materials in these industries has promoted the widespread application of polyacrylonitrile-based carbon fibers. Technological innovation and policy support are key factors in market development, and the optimization of production processes and cost reduction have further expanded its application scope.
Risks facing the market
Despite the broad market prospects, the polyacrylonitrile-based carbon fiber industry faces the risks of raw material price fluctuations, intensified market competition, and technological substitution. The prices of raw materials such as acrylonitrile and phenol are affected by a variety of factors, including crude oil price fluctuations and changes in supply and demand. In addition, international trade protectionism and the emergence of alternative materials may also have an adverse impact on market demand.
Downstream demand trends
The downstream demand for polyacrylonitrile-based carbon fibers is mainly concentrated in aerospace, automobile manufacturing, wind turbine blades, and sports and leisure. With technological advancement and cost reduction, the demand for polyacrylonitrile-based carbon fibers in these fields will continue to grow. In the future, with the rapid development of new energy and new materials, its application scope will be further expanded.
This report is a detailed and comprehensive analysis for global Polyacrylonitrile-based Carbon Fibers 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 Polyacrylonitrile-based Carbon Fibers market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Polyacrylonitrile-based Carbon Fibers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Polyacrylonitrile-based Carbon Fibers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Polyacrylonitrile-based Carbon Fibers market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 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 Polyacrylonitrile-based Carbon Fibers
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 Polyacrylonitrile-based Carbon Fibers 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, Toho, Misubishi Rayon, Hecel, Cytec, Zoltek, AKSA, SGL, Formosa, HYOSUNG, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Polyacrylonitrile-based Carbon Fibers 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
Spun Type
Filament Type
Others
Market segment by Application
Aerospace
Automotive
Sports & Entertainment
Others
Major players covered
Toray
Toho
Misubishi Rayon
Hecel
Cytec
Zoltek
AKSA
SGL
Formosa
HYOSUNG
TAEKWANG
Teijin Carbon
Zhongfu Shenying
Solvay
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 Polyacrylonitrile-based Carbon Fibers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Polyacrylonitrile-based Carbon Fibers, with price, sales quantity, revenue, and global market share of Polyacrylonitrile-based Carbon Fibers from 2020 to 2025.
Chapter 3, the Polyacrylonitrile-based Carbon Fibers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Polyacrylonitrile-based Carbon Fibers 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 Polyacrylonitrile-based Carbon Fibers 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 Polyacrylonitrile-based Carbon Fibers.
Chapter 14 and 15, to describe Polyacrylonitrile-based Carbon Fibers sales channel, distributors, customers, research findings and conclusion.
Table of Contents
106 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Polyacrylonitrile-based Carbon Fibers 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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