Carbon Fibre Reinforced Plastic (CFRP) Composites Market Report 2026-2036

The Carbon Fibre Reinforced Plastic (CFRP) Market Report 2026-2036 (Including Impact of U.S. Trade Tariffs): This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Tighter Global Emissions Rules and Lightweighting Mandates Are Turning CFRP from 'Nice-to-Have' into a Strategic Material for Aerospace and Automotive OEMs

Across aviation and road transport, decarbonization policies are steadily forcing OEMs to pull every lever they can to reduce fuel burn and emissions per passenger-kilometer, and CFRP sits right at the heart of that strategy. Carbon fibre composites offer very high strength- and stiffness-to-weight ratios, enabling airframers like Boeing and Airbus to cut structural weight dramatically versus aluminumBoeing's 787 and Airbus's A350 both use around 50%+ composites by weight in their primary structures, which translates directly into lower fuel burn over an aircraft's lifetime.On the ground, automakers are under pressure from CO‚ÇÇ fleet targets in Europe, China, and the U.S., plus range and efficiency expectations in battery-electric vehicles, to shed mass in chassis, body-in-white, and structural components; CFRP is increasingly used in high-end EVs and performance vehicles for wheels, body panels, and structural members, as seen with Carbon Revolution's carbon-fibre wheels adopted by premium OEM platforms. Hexcel's 2024 results, which show 12% growth in its commercial aerospace business as production of composite-intensive aircraft ramps up again, are a good real-world data point that regulations and OEM design choices are already translating into stronger CFRP demand.

Persistently High Material and Processing Costs Continue to Cap CFRP's Penetration into Cost-Sensitive Mass-Market Applications

Despite all the advantages, CFRP is still fundamentally expensive: PAN precursor production, energy-intensive oxidation and carbonization, strict quality control, and sophisticated lay-up and curing or consolidation processes all add cost compared to glass-fibre composites, aluminum, or high-strength steel, and this remains the single biggest restraint on its wider adoption. Market studies consistently highlight cost as the major barrier, with CFRP material prices often several times higher than competing materials, which explains why CFRP is heavily used in high-value aerospace structures, premium automotive, and performance sports equipment, but only slowly enters mainstream cars or commodity infrastructure. Even on the supply side, we see margin pressure: Guangwei Composites' 2024 annual results show a net income decline of over 15% year-on-year despite solid revenue, reflecting pricing pressure and cost challenges in a more competitive market. OEMs and Tier-1s remain cautious about committing CFRP to platforms unless they can either charge a premium (supercars, high-end EVs) or capture clear lifecycle savings (e.g., reduced maintenance in wind or industrial uses), which slows overall volume growth relative to technical potential.

What would be the Impact of US Trade Tariffs on the Global Carbon Fibre Reinforced Plastic (CFRP) Market?

U.S. tariffs on carbon fibre, precursor materials, and downstream composite products have introduced cost pressures across the global carbon fibre reinforced plastic market. Higher import duties have increased raw material and intermediate product prices for manufacturers dependent on cross-border supply chains, particularly those sourcing polyacrylonitrile precursor, carbon fibre tows, and prepregs from Asia and Europe. While domestic producers benefit from improved price competitiveness, end-use industries such as aerospace, wind energy, automotive, and pressure vessels face higher procurement costs, longer lead times, and increased emphasis on supplier diversification and localization strategies.

What Questions Should You Ask before Buying a Market Research Report?

• How is the carbon fibre reinforced plastic (CFRP) market evolving?
• What is driving and restraining the carbon fibre reinforced plastic (CFRP) market?
• How will each carbon fibre reinforced plastic (CFRP) submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2036?
• How will the market shares for each carbon fibre reinforced plastic (CFRP) submarket develop from 2026 to 2036?
• What will be the main driver for the overall market from 2026 to 2036?
• Will leading carbon fibre reinforced plastic (CFRP) markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
• How will the market shares of the national markets change by 2036 and which geographical region will lead the market in 2036?
• Who are the leading players and what are their prospects over the forecast period?
• What are the carbon fibre reinforced plastic (CFRP) projects for these leading companies?
• How will the industry evolve during the period between 2026 and 2036? What are the implications of carbon fibre reinforced plastic (CFRP) projects taking place now and over the next 10 years?
• Is there a greater need for product commercialisation to further scale the carbon fibre reinforced plastic (CFRP) market?
• Where is the carbon fibre reinforced plastic (CFRP) market heading and how can you ensure you are at the forefront of the market?
• What are the best investment options for new product and service lines?
• What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the carbon fibre reinforced plastic (CFRP) market today, and over the next 10 years:

• Our 405-page report provides 121 tables and 191 charts/graphs exclusively to you.
• The report highlights key lucrative areas in the industry so you can target them NOW.
• It contains in-depth analysis of global, regional and national sales and growth.
• It highlights for you the key successful trends, changes and revenue projections made by your competitors.

Forecasts to 2036 and other analyses reveal commercial prospects

• In addition to revenue forecasting to 2036, our new study provides you with recent results, growth rates, and market shares.
• You will find original analyses, with business outlooks and developments.
• Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising carbon fibre reinforced plastic (CFRP) prices and recent developments.

Segments Covered in the Report

By Category

• Thermoset
• Thermoplastic

By Fiber Type

• Polyacrylonitrile (PAN)-based
• Pitch-based
• Recycled / Low-cost

By End-Use

• Aerospace & Defence
• Wind Energy
• Automotive
• Other End-Use

By Product Form

• Prepreg (pre-impregnated fabrics)
• Woven/ Multilayer Fabrics
• Unidirectional Tapes / Tows
• Non-crimp Fabrics (NCF) / Stitched Fabrics
• Other Product Forms

By Resin

• Epoxy
• Vinyl Ester
• Polyether Ether Ketone (PEEK)
• Polyphenylene Sulphide (PPS)
• Polyetherimide (PEI)
• Polyester

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 25 leading national markets:

North America

• U.S.
• Canada

Europe

• Germany
• UK
• France
• Italy
• Spain
• Rest of Europe

Asia Pacific

• Japan
• China
• India
• Australia
• South Korea
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

MEA

• GCC
• South Africa
• Rest of MEA

The report also includes profiles and for some of the leading companies in the Carbon Fibre Reinforced Plastic (CFRP) Market, 2026 to 2036, with a focus on this segment of these companies' operations.

Leading companies profiled in the report

• Aksa Akrilik Kimya Sanayii A.≈û.
• Avient Corporation
• Embraer S.A.
• Gen2 Carbon
• Jiangsu Hengshen Co., Ltd
• Kureha Corporation
• Nippon Graphite Fibre Corporation
• Park Aerospace Corp.
• Plasan Sasa Ltd.
• SAERTEX GmbH & Co. KG
• SGL Carbon SE
• Sinofibres Technology Co. Ltd
• Sinosteel Jilin Carbon Co., Ltd.
• Toray Industries, Inc.
• UMATEX.

Overall world revenue for Carbon Fibre Reinforced Plastic (CFRP) Market, 2026 to 2036 in terms of value the market will surpass US$21.68 billion in 2026, our work calculates. We predict strong revenue growth through to 2036. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Carbon Fibre Reinforced Plastic (CFRP) Market, 2026 to 2036 report help you?

In summary, our 400+ page report provides you with the following knowledge:

• Revenue forecasts to 2036 for Carbon Fibre Reinforced Plastic (CFRP) Market, 2026 to 2036, with forecasts for category, fiber type, end-use, product form, and resin, each forecast at a global and regional level discover the industry's prospects, finding the most lucrative places for investments and revenues.
• Revenue forecasts to 2036 for five regional and 25 key national markets See forecasts for the Carbon Fibre Reinforced Plastic (CFRP) Market, 2026 to 2036 in North America, Europe, Asia Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
• Prospects for established firms and those seeking to enter the market including company profiles for 15 of the major companies involved in the Carbon Fibre Reinforced Plastic (CFRP) Market, 2026 to 2036.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.

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