Global PAN-based Carbon Fiber Market Growth 2025-2031
Description
The global PAN-based Carbon Fiber market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
PAN-based carbon fiber is a type of carbon fiber that is derived from polyacrylonitrile (PAN) as the precursor material. Carbon fiber is a material that consists of thin filaments of carbon atoms that are aligned parallel to the fiber axis. Carbon fiber has high strength, stiffness, and thermal conductivity, and low weight and thermal expansion. PAN-based carbon fiber is the most widely used type of carbon fiber, accounting for about 90% of the global carbon fiber production. PAN-based carbon fiber is produced by a multi-step process that involves spinning, stabilizing, carbonizing, and surface treating the PAN fibers.
The industry trend of PAN-based carbon fiber is influenced by the increasing demand and innovation in the end-use sectors, such as aerospace, automotive, renewable energy, and construction. Some of the key trends are:
Cost reduction: Cost reduction is one of the main challenges and opportunities for the PAN-based carbon fiber industry, as the high cost of production and processing limits its wider adoption and competitiveness. Cost reduction can be achieved by improving the efficiency and productivity of the manufacturing process, reducing the energy consumption and waste generation, developing new and cheaper precursor materials, and optimizing the design and performance of the composite products .
Recycling: Recycling is another important issue and opportunity for the PAN-based carbon fiber industry, as the increasing production and consumption of carbon fiber creates environmental concerns and regulatory pressures. Recycling can help to reduce the environmental impact and waste disposal costs of carbon fiber, as well as to recover valuable materials and resources for reuse or resale. Recycling can be done by various methods, such as pyrolysis, solvolysis, mechanical milling, or chemical treatment .
Innovation: Innovation is the key driver and differentiator for the PAN-based carbon fiber industry, as it enables to create new and improved products and applications that meet the changing needs and expectations of the customers. Innovation can be achieved by developing new and advanced grades of PAN-based carbon fiber with enhanced properties such as strength, stiffness, toughness, durability, conductivity, etc., as well as by creating new and novel composite structures and designs that offer better functionality and performance .
LP Information, Inc. (LPI) ' newest research report, the “PAN-based Carbon Fiber Industry Forecast” looks at past sales and reviews total world PAN-based Carbon Fiber sales in 2024, providing a comprehensive analysis by region and market sector of projected PAN-based Carbon Fiber sales for 2025 through 2031. With PAN-based Carbon Fiber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PAN-based Carbon Fiber industry.
This Insight Report provides a comprehensive analysis of the global PAN-based Carbon Fiber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PAN-based Carbon Fiber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PAN-based Carbon Fiber market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PAN-based Carbon Fiber and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PAN-based Carbon Fiber.
This report presents a comprehensive overview, market shares, and growth opportunities of PAN-based Carbon Fiber market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Small Tow
Big Tow
Segmentation by Application:
Automobile
Aviation
Wind Power
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Toray
Teijin Carbon (Toho Tenax)
Mitsubishi Chemical
Hexcel Corporation
Formosa Plastics Corporation
Cytec
DowAksa
Sabic
Zoltek
SGL
Hyosung
Taekwang
Key Questions Addressed in this Report
What is the 10-year outlook for the global PAN-based Carbon Fiber market?
What factors are driving PAN-based Carbon Fiber market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do PAN-based Carbon Fiber market opportunities vary by end market size?
How does PAN-based Carbon Fiber break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
PAN-based carbon fiber is a type of carbon fiber that is derived from polyacrylonitrile (PAN) as the precursor material. Carbon fiber is a material that consists of thin filaments of carbon atoms that are aligned parallel to the fiber axis. Carbon fiber has high strength, stiffness, and thermal conductivity, and low weight and thermal expansion. PAN-based carbon fiber is the most widely used type of carbon fiber, accounting for about 90% of the global carbon fiber production. PAN-based carbon fiber is produced by a multi-step process that involves spinning, stabilizing, carbonizing, and surface treating the PAN fibers.
The industry trend of PAN-based carbon fiber is influenced by the increasing demand and innovation in the end-use sectors, such as aerospace, automotive, renewable energy, and construction. Some of the key trends are:
Cost reduction: Cost reduction is one of the main challenges and opportunities for the PAN-based carbon fiber industry, as the high cost of production and processing limits its wider adoption and competitiveness. Cost reduction can be achieved by improving the efficiency and productivity of the manufacturing process, reducing the energy consumption and waste generation, developing new and cheaper precursor materials, and optimizing the design and performance of the composite products .
Recycling: Recycling is another important issue and opportunity for the PAN-based carbon fiber industry, as the increasing production and consumption of carbon fiber creates environmental concerns and regulatory pressures. Recycling can help to reduce the environmental impact and waste disposal costs of carbon fiber, as well as to recover valuable materials and resources for reuse or resale. Recycling can be done by various methods, such as pyrolysis, solvolysis, mechanical milling, or chemical treatment .
Innovation: Innovation is the key driver and differentiator for the PAN-based carbon fiber industry, as it enables to create new and improved products and applications that meet the changing needs and expectations of the customers. Innovation can be achieved by developing new and advanced grades of PAN-based carbon fiber with enhanced properties such as strength, stiffness, toughness, durability, conductivity, etc., as well as by creating new and novel composite structures and designs that offer better functionality and performance .
LP Information, Inc. (LPI) ' newest research report, the “PAN-based Carbon Fiber Industry Forecast” looks at past sales and reviews total world PAN-based Carbon Fiber sales in 2024, providing a comprehensive analysis by region and market sector of projected PAN-based Carbon Fiber sales for 2025 through 2031. With PAN-based Carbon Fiber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PAN-based Carbon Fiber industry.
This Insight Report provides a comprehensive analysis of the global PAN-based Carbon Fiber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PAN-based Carbon Fiber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PAN-based Carbon Fiber market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PAN-based Carbon Fiber and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PAN-based Carbon Fiber.
This report presents a comprehensive overview, market shares, and growth opportunities of PAN-based Carbon Fiber market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Small Tow
Big Tow
Segmentation by Application:
Automobile
Aviation
Wind Power
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Toray
Teijin Carbon (Toho Tenax)
Mitsubishi Chemical
Hexcel Corporation
Formosa Plastics Corporation
Cytec
DowAksa
Sabic
Zoltek
SGL
Hyosung
Taekwang
Key Questions Addressed in this Report
What is the 10-year outlook for the global PAN-based Carbon Fiber market?
What factors are driving PAN-based Carbon Fiber market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do PAN-based Carbon Fiber market opportunities vary by end market size?
How does PAN-based Carbon Fiber break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
118 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for PAN-based Carbon Fiber by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for PAN-based Carbon Fiber by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
